Posts filtered by tags: Ethereum[x]


 

Ether hits $500 billion market cap for the first time as the cryptocurrency's rally pushes on

The cryptocurrency ether runs on the Ethereum network. Dado Ruvic/Reuters Ether breached a $500 billion valuation for the first time Wednesday. The milestone comes after ether hit $4,000 for the first time on May 10. Bitcoin, which has a valuation of $1 trillion, broke the $500 billion threshold in December 2020. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ether breached a valuation of $500 billion for the first time on Wednesday as the rally for the second-la...
Tags: Trends, Ethereum, Cto, Jpmorgan, Fundstrat Global Advisors, Bitfinex, Coinmarketcap, Nikolaos Panigirtzoglou, Bank of America Read, Isabelle Lee, Paolo Ardoino, David Grider, Ethereum network Dado Ruvic Reuters Ether, María Paula Fernandez, Golem Network


Billionaire investor Stanley Druckenmiller blasted the Fed, touted bitcoin over ethereum, and issued a dire warning about the dollar in a recent interview. Here are the 10 best quotes.

Stanley Druckenmiller. REUTERS/Brendan McDermid Stanley Druckenmiller blasted the Federal Reserve for boosting asset prices and the national debt.He warned the dollar could cease to be the global reserve currency within 15 years.The investor is more bullish on bitcoin than Ethereum's ether, and expects to sell his stocks.See more stories on Insider's business page.Stanley Druckenmiller warned the Federal Reserve's stimulus efforts are inflating a massive asset bubble, and end...
Tags: Google, Facebook, Yahoo, Stanford, Trends, Federal Reserve, Ethereum, Cnbc, Fed, Jerome Powell, Druckenmiller, Stanley Druckenmiller, Duquesne Family Office, Theron Mohamed, Brendan McDermid Stanley Druckenmiller


CryptoPunks NFT bundle goes for $17 million in Christie’s auction

A lot of 9 CryptoPunks portraits ended up selling for just under $17 million in a Christie’s auction Tuesday evening, marking another substantial moment for NFT art sales. The lot of pixelated portraits were from the collection of the NFT platform’s co-creators Matt Hall and John Watkinson. The CryptoPunks platform is one of the first NFT projects on the Ethereum blockchain. Back in 2017, ten thousand of the procedurally generated characters were given away for free. In the years since, a vibran...
Tags: Startups, TC, Articles, Cryptography, Auction, Christie's, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Blockchain, Decentralization, Christie, NFT, Matt Hall, Joseph Lubin


Merriam-Webster Is Selling the Definition of NFT as an NFT, Which Means You Can Own... Something, Sort Of

Content creator Merriam-Webster reigns in glorious relevance: the dictionary is auctioning off its definition of NFT, as an NFT, on OpenSea. The definition is objectively boring, so hell, let’s make it interesting! I’ll run a side bet on the buyer and stake my money on Farzin, the collector who snatched up Disaster…Read more...
Tags: Science, Cryptography, Blockchains, Ethereum, Huffington Post, ISM, Dictionary, Cryptocurrency, Merriam Webster, NFT, Kevin Roose, Peter Sokolowski, Non Fungible Token, Fungibility, Concurrent Computing, Farzin


The number of bitcoin whales fell to a more than 5-month low on Monday in a bearish sign for the cryptocurrency

Humpback whales breached in unison off the coast of Sydney, Australia Jonas Liebschner / Whale Watching Sydney. Used with permission. The number of bitcoin whales fell to a five and a half month low on Monday, according to data from Glassnode. There are now just 1,943 total bitcoin whales-defined as wallet addresses from a single network participant with more than 1,000 BTC. That figure represents a 13% drop from February 7's record high of 2,237 bitcoin whales. Sign up here for our da...
Tags: Singapore, Trends, Bitcoin, Delta, Peter Thiel, Ethereum, Palantir, Mike Novogratz, Galaxy Digital, Will Daniel, Vanda Research, Pankaj Balani, Delta Exchange, Bullish Global, Coindesk Despite, Pankaj Balanihe


Billionaire investor Stanley Druckenmiller says it will be difficult to unseat bitcoin as the top store-of-value crypto asset, even as new challengers emerge daily

Reuters / Brendan McDermid Billionaire investor Stanley Druckenmiller told CNBC it will be hard to unseat bitcoin as the top store-of-value crypto asset. Druckenmiller has previously said he owns "some bitcoin." The investor also said it's too early to tell which crypto asset will dominate other use cases like transactions and smart contracts. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Stanley Druckenmiller told CNBC on Tuesday he sees bitcoin likely ...
Tags: Facebook, Trends, Markets, Bitcoin, Ethereum, Cnbc, Druckenmiller, Stanley Druckenmiller, Duquesne Family Office, Emily Graffeo, Bitcoin Analysis, bitcoin Stanley Druckenmiller, Bitcoin Value, MI Exclusive, Bitcoin As Payment, Bitcoin store of value


A DeFi project will pay back users $10 million in Ethereum that was recently stolen

REUTERS / Samantha Sais DeFi project Rari Capital said it will pay back users after nearly $10 million in Ether was stolen in an attack on Friday. Rari's CEO wrote in a blog post that the DeFi project will reimburse users using funds that were initially meant to scale the Rari team. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Rari Capital said it will pay back users who lost funds when about $10 million in ether was drained from the decentralized financ...
Tags: Trends, Markets, Ceo, Ethereum, Dao, Rari, Ether, Cryptocurrency News, Emily Graffeo, MI Exclusive, Rari Capital, Rari Capital Attack, Rari Capital Hack, Samantha Sais DeFi, Opening Bell Rari Capital, David Lucid Rari


The rotation from bitcoin into ether could point to a 2017-style correction in the crypto market, research firm says

The surge in prices for cryptocurrencies this year "has a whiff of deja vu", reminiscent of bitcoin's rally in 2017, said Vanda Research on Monday. Bitcoin's rally four years ago was followed by a correction and a jump in interest in then-lesser known cryptocurrencies like Ether. Bitcoin and Dogecoin have slumped after hitting all-time highs this year. See more stories on Insider's business page. Prices for Bitcoin and other cryptocurrencies have boomed this year, in part on grow...
Tags: US, America, Trends, Markets, Tesla, Paypal, Bitcoin, Stocks, Goldman Sachs, Electric, Cryptocurrencies, Ethereum, Gamestop, Musk, Elon Musks, CEO Elon Musk


Eight fintech companies that are redefining the money transfer space

A January 2021 survey from CouponFollow revealed that 38% of US adults believe cryptocurrency is the future of money. Still, that same study also found that nearly as many respondents (39%) don't know anything about it. We break down the key players in the space, and share what strategies top markets, currency, and exchange companies have used to come out on top. Do you work in the Fintech industry? Get business insights on the latest tech innovations, market trends, and your competitors wi...
Tags: UK, US, San Francisco, Trends, Pwc, Luxembourg, Financial Services, Ethereum, Fintech, Litecoin, Emarketer, Circle, Great Britain, Kraken, USDC, BI Intelligence


Ethereum's ether pushes past $4,000 for the first time - and one crypto analyst who correctly predicted this target now expects it to hit $10,000

Dado Ruvic/Reuters The world's second-largest cryptocurrency by market value topped $4,000 on Monday. The rise in its value may partly be driven by VanEck filing for a US ETF last week. Crypto analyst Megan Kaspar predicts the token could reach between $8,000 to $10,000 by year-end. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ether recorded its biggest one-day gain in two years on Monday, as the world's second-largest currency smashed past $4,000 for ...
Tags: US, Trends, Crypto, SEC, Ethereum, Fundstrat Global Advisors, Kaspar, James Wang, VanEck, Shalini Nagarajan, Dado Ruvic Reuters, Megan Kaspar, Yahoo Finance Live the Ethereum, David Grider Grider


Signaling that privacy is coming to DeFi, Sienna Network raises $11.2M for its platform

Last week we saw some major backing of the Secret Network blockchain, as significant blockchain players Arrington Capital and Blocktower Capital invested in the privacy-first smart contract platform. What this is signaling is the rise of privacy-oriented financial blockchain projects, which are crucial if “DeFi” (decentralized finance) is to have any kind of future. We have come to expect privacy in our “normal” financial lives, so we will expect it in the blockchain world. Today there’s a new s...
Tags: Startups, TC, Europe, Finance, Tech, Broker, Cryptocurrencies, Ethereum, Blockchain, Sienna, Monty Munford, Distributed Computing, Crypto economy, BlockTower Capital, The DAO, Smart Contract


Signalling that privacy is coming to DeFi, Sienna Network raises $11.2M for its platform

Last week we saw some major backing of the Secret Network blockchain, as significant blockchain players Arrington Capital and Blocktower Capital invested in the privacy-first smart contract platform. What this is signaling is the rise of privacy-oriented financial blockchain projects, which are crucial if “DeFi” (decentralized finance) is to have any kind of future. We have come to expect privacy in our ’normal’ financial lives, so we will expect it in the blockchain world. Today there’s a new s...
Tags: TC, Europe, Finance, Articles, Tech, Ceo, Broker, Cryptocurrencies, Ethereum, Blockchain, Sienna, Monty Munford, Distributed Computing, BlockTower Capital, The DAO, Smart Contract


Ethereum's ether pushes past $4,000 for the first time - and one crypto analyst who correctly predicted this level now expects it to hit $10,000

Dado Ruvic/Reuters The world's second-largest cryptocurrency by market value topped $4,000 on Monday. The rise in its value may partly be driven by VanEck filing for a US ETF last week. Crypto analyst Megan Kaspar predicts the token could reach between $8,000 to $10,000 by year-end. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ether recorded its biggest one-day gain in two years on Monday, as the world's second-largest currency smashed past $4,000 for ...
Tags: US, Trends, Crypto, SEC, Ethereum, Fundstrat Global Advisors, Kaspar, James Wang, VanEck, Shalini Nagarajan, Dado Ruvic Reuters, Megan Kaspar, Yahoo Finance Live the Ethereum, David Grider Grider


Ethereum continues wild run, ETH price breaks $4,000 for the first time

Could network upgrades from EIP-1559 and ETH 2.0 push Ethereum even higher?
Tags: Ethereum, ETH


Ethereum's path to $40,000, plus 5 stock picks from Baillie Gifford

Hello and welcome to Insider Investing. I'm Joe Ciolli, and I'm here to guide you through what's been happening in markets. Here's what's on the docket:Former Ark Invest analyst James Wang is now a crypto bull who's reaped huge returns owning Ethereum. The tech-focused investor lays out a valuation framework that explains how ether could eventually reach $40,000.The growth fund that Dave Bujnowski manages at Baillie Gifford returned 125% last year. He shares 5 stocks set ...
Tags: US, Trends, Investing, Markets, Stocks, Stock Market, Goldman, Ethereum, Baillie Gifford, Wang, James Wang, Thomas Trutschel Photothek, Joe Ciolli, Cathie Wood, Investing Strategy, Stock Recommendations


NFTs have a climate problem, and the solution isn’t coming fast enough

NFTs have an absolutely massive carbon footprint, and while there are many solutions in the works, very few of them are expected to roll out anytime soon.
Tags: Environment, Trends, Sustainability, Web, Features, Bitcoin, Ethereum, Cryptocurrency, Emerging Tech, NFT


Bitcoin vs. Ethereum: 10 experts told us which asset they'd rather hold, and why

Bitcoin vs. Ethereum Getty Images AsiaPac Bitcoin and ether are the top two cryptocurrencies by market cap. They may be very different, but investors often choose between holding one or the other. Insider asked 10 experts which crypto they'd rather hold for the next 10 years and why. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin has long been the dominant cryptocurrency, but recently Ethereum's native token, ether, has emerged as more than just a...
Tags: Trends, Gmo, Bitcoin, Ethereum, Btc, ETH, Steve Ehrlich, Technicals, Ken Nakamura, Raghu Yarlagadda, Megan Kaspar, Ethereum Getty Images AsiaPac Bitcoin, Bitcoin not Ethereum Jason Yanowitz Co, Jamie Finn President Co, Greenberg Head of Business Development, Ed Egilinsky


Major upgrades to the Ethereum network could help the cryptocurrency soar even higher. Here's a roadmap to the changes

Major changes are coming to the Ethereum network. Alessandro Bianchi/Reuters Ether has soared to record highs, in part because of growing interest in the Ethereum network. But major changes are coming to the blockchain, which some investors say could send ether higher. Developers are overhauling how fees work and plan to make it much more environmentally friendly. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ether - the world's second-biggest cryptocurren...
Tags: London, Trends, Ethereum, European Investment Bank, Harry Robertson, Edgington, Ben Edgington, Ethereum network Alessandro Bianchi Reuters Ether


VanEck files with the SEC for an Ethereum ETF as it waits for the regulator to approve its bitcoin fund

Ether is the cryptocurrency of the Ethereum network. Photothek/Getty Images Asset manager VanEck has filed to list an Ethereum exchange-traded fund. The firm is seeking SEC's permission to list shares of its VanEck Ethereum Trust. The SEC delayed a decision on whether to greenlight VanEck's bitcoin ETF until July. See more stories on Insider's business page. Asset manager VanEck is seeking US regulatory approval to launch an Ethereum exchange-traded fund, with the move takin...
Tags: US, Trends, Markets, Bitcoin, SEC, Ethereum, Securities And Exchange Commission, CBOE, ETF, Carla Mozee, VanEck, bitcoin ETF, Ethereum Blockchain, S P Dow Jones, Ether ETF, MI Exclusive


10 things you need to know before the opening bell

JOHANNES EISELE/AFP via Getty Images Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.Sign up for Insider Investing for your weekly markets analysis.Live event invite: Join us Tuesday, May 18 at 12 p.m. ET for "Master Your Money," where personal finance professionals help set you up to build wealth. Register here.1. Global stocks near record highs ahead of key US jobs data. See what markets are doing today.2. Elon Musk said dogecoin c...
Tags: Elon Musk, Global, US, Trends, Goldman Sachs, Bmw, Ethereum, Citi, Kevin Kelly, Northwestern Mutual, Johannes Eisele, Getty Images Welcome, Delphi Digital, Brent Schutte, Shalini Nagarajan, Siemens Cigna Enbridge


A conversation with Bison Trails: the AWS-like service inside of Coinbase

Coinbase shares tumbled today to their their lowest point since the company began trading publicly on April 14. The market often moves in mysterious ways, but several drivers could be at play, including Coinbase’s high opening price at the time of its direct listing, its reliance on margins that are all but certain to drop owing to growing competition, and the lack of a lock-up period, meaning more insiders might now be offloading some of their highly valued shares, driving down their price in t...
Tags: Google, TC, Etsy, Tech, Bitcoin, Ethereum, Coinbase, Kleiner Perkins, Garry Tan, Aaron, Tan, Garry, Coatue, Notation Capital, Bison, Blockchain Capital


3 women leaders share their experiences in the male-dominated cryptocurrency industry and what its future looks like for women

Klaus Vedfelt/Getty Images 2020 saw a 43% increase in women working in crypto, an industry heavily dominated by men. Three women leaders discuss their crypto careers and how to bring more women into the field. They also discuss where crypto is headed and what it means for women. See more stories on Insider's business page. Just like the startup boom in Silicon Valley during the early 2000's, jumping into a career in crypto is not for everyone. It requires a lot of commitment and t...
Tags: Facebook, Wall Street, New York City, Trends, Strategy, Markets, Bitcoin, Reddit, Crypto, Silicon Valley, Ethereum, Cryptocurrency, Blackrock, Thought Leadership, Nordic, Anchorage


Bitski raises $19 million from a16z to become the ‘Shopify for NFTs’

For every crypto-skeptic that see NFTs as yet another hype bubble, there’s an acolyte who sees NFTs as the key to unlocking the future of the creative web. Bitski, an SF-based startup that builds custom NFT storefronts for brands and creators, is banking on the latter and they have new investors betting the same. The startup tells TechCrunch they’ve raised $19 million in a Series A led by Andreessen Horowitz. The firm joins a host of creators and celebrities including Jay Z, MrBeast, Serena Wi...
Tags: Startups, TC, Technology, Jay Z, Articles, Adidas, Andreessen Horowitz, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Blockchain, Decentralization, NFT, Beeple, Bitski


Could NFT auctions be moving away from Ethereum? One new group is betting they will

NFTs were arguably already taking off when Beeple sold his NFT artwork for $69m. But another crypto project attracted attention when it bought an original Banksy artwork for $95,000. The group literally burnt the artwork and sold its NFT on the OpenSea platform for $400,000. Although the stunt was covered by CBS News, BBC News, The Guardian, and others, it did actually make a significant point. By removing the physical piece, the group – calling itself “Burnt Banksy” – proved that the value of t...
Tags: TC, Europe, Tech, Spokesperson, Ceo, Bbc, Mark Cuban, The Guardian, Banksy, Cryptocurrencies, Blockchains, Ethereum, Coo, NFT, Terra, Solana


Scammers Score $2 Million from the WallStreetBets Crowd With Fictional Crypto Launch

A cryptocurrency scam recently pilfered at least $2 million from WallStreetBets enthusiasts, convincing them that they were buying into a new crypto coin connected to the popular memestock, according to a report from Bloomberg News. Read more...
Tags: Science, Finance, Cryptography, Cryptocurrencies, Ethereum, Telegram, Financial Markets, WSB, Bloomberg News Read, Tether, Binance, Rwallstreetbets


Ethereum co-creator Vitalik Buterin is now the world's youngest crypto billionaire amid ether's 350% year-to-date surge

Getty Images/John Phillips Vitalik Buterin is now the world's youngest crypto billionaire. Buterin holds 333,521 ETH worth some $1,125,299,854 as of Wednesday's coin price. Ethereum is up more than 350% year-to-date in a historic run for the second most popular cryptocurrency on the planet. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The 27-year-old co-creator of Ethereum, Vitalik Buterin, is now the world's youngest crypto billionaire after a 350...
Tags: India, Toronto, Trends, Canada, Ethereum, Forbes, ETH, University of Waterloo, Zhao, James Wang, Kolomna Russia, Vitalik Buterin, Buterin, Ethereum Vitalik Buterin, Binance, Changpeng Zhao


Ethereum price rockets past $4534 as founder Vitalik Buterin becomes a billionaire

The price of Ethereum is skyrocketing, pushed by the growing NFT craze and as it gains recognition from major financial institutions.The price of Ethereum has rocketed past $4534 for the first time as momentum for the cryptocurrency... [Author: [email protected]]
Tags: Business, Ethereum, NFT, Vitalik Buterin


Dogecoin Spike Crashes Robinhood Token Trading

Robinhood's trading app crashed for around an hour this morning, as Dogecoin hit record highs and Ethereum continued to gain ground. The outage is reminiscent of the Robinhood-GameStop fiasco last January, where Robinhood deliberately blocked users from trading GameStop stock as it catapulted in value. The Verge reports: Robinhood ran into issues processing cryptocurrency trades this morning, during a spike in the price of Dogecoin that sent users flocking to the app. The website DownDetector sh...
Tags: Amc, Tech, Ethereum, Robinhood, Gamestop, Dogecoin


Grayscale's bitcoin and Ethereum funds now generate as much revenue as Vanguard's 82 ETFs

Spencer Platt/Getty Images The crypto boom in bitcoin and ether has helped Grayscale generate as much revenue as Vanguard does from its suite of 82 ETFs, according to a report from ETF.com.Grayscale's bitcoin and Ethereum funds generate nearly $1 billion in estimated combined revenue.Bitcoin's and ether's respective year-to-date rise of about 100% and 300% have helped boost Grayscale's assets under management to record levels.Sign up here for our daily newsletter, 10 Things...
Tags: Trends, Markets, Bitcoin, Crypto, SEC, Stock Market, Ethereum, Vanguard, Osprey, James Wang, Matthew Fox, Sumit Roy, Spencer Platt Getty, Grayscale, Ether, bitcoin ETF


Radical Ethereum entrepreneurs are redefining what ‘rape kit’ means

Their investors call them disruptive innovators. Detractors like North Carolina Attorney General Josh Stein call them “ dirty scammers . ” But Leda Health co-founders Madison Campbell and Liesel Vaidya think of themselves as advocates for sexual assault survivors.  Among the feminists leveraging Ethereum for subversive use cases, Leda Health’s do-it-yourself evidence-collecting kit for sexual assault survivors is among the most ambitious projects. So far, 16 members of Congress condemn...
Tags: Health, Startups, Utah, Sexual Assault, Congress, California, Tech, Harvard, New Hampshire, Michigan, North Carolina, Riverside County, Ethereum, Blockchain, Henry, Campbell