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  • Why did the Ethereum 2.0 Beacon Chain main network officially launch while ETH prices plummeted? Virtual currency

    Why did the Ethereum 2.0 Beacon Chain main network officially launch while ETH prices plummeted?

    Summary: Even if the long-awaited ETH2.0 main network is successfully launched, the price of ETH has dropped significantly with Bitcoin

    2023-05-01
  • Ethereum regained $1900, why can it become a rising engine in the crypto bear market? Virtual currency

    Ethereum regained $1900, why can it become a rising engine in the crypto bear market?

    Reporter | Si LinweiOn August 11th, the latest market data showed that the price of Ethereum had exceeded $1900, with a 24-hour increase of over 13%. The total market value of Ethereum has returned to above $220 billion, reaching its highest point since June 6th

    2023-05-01
  • Ethereum Shanghai upgrade is about to start! Why is the cryptocurrency market paying attention? Virtual currency

    Ethereum Shanghai upgrade is about to start! Why is the cryptocurrency market paying attention?

    Zhitong Financial APP learned that the Ethereum network will undergo technical transformation on April 12, allowing users to withdraw tens of billions of dollars of native token Ethereum. This is called "Shanghai" upgrade, and it is a necessary step for the consensus mechanism of Ethereum, the world's most commercially important cryptocurrency platform, to change from proof-of-work to PoS

    2023-05-01
  • Ethereum (ETH) prices have dropped below $2000, which is why it can recover quickly Virtual currency

    Ethereum (ETH) prices have dropped below $2000, which is why it can recover quickly

    In the context of large-scale sell-off in the broader hidden market, the price of eutum (Eth) has fallen below $2000, which seems to be a huge whale dumping ground. As of the time of publication, Etalum's stock price fell by 6

    2023-04-28
  • Ethereum Price: Why is the upper limit of ETH lower than $2000 on the chain indicator Virtual currency

    Ethereum Price: Why is the upper limit of ETH lower than $2000 on the chain indicator

    Ethereum prices have been in the range of $1800 to $1900 over the past week.The decrease in whale activity and the flat foreign exchange balance indicate a contemplative mood among ETH traders

    2023-04-28
  • Comparison between ETH and BTC: Why may Ethereum prices face short-term pain? Virtual currency

    Comparison between ETH and BTC: Why may Ethereum prices face short-term pain?

    In the past 24 hours, the price of Etalum, the second largest secretive company, has skyrocketed by 7% as its network has successfully completed the highly anticipated Shanghai hard fork. However, upgrades enable network participants to recover their bet funds

    2023-04-28
  • Ethereum Shanghai Upgrade: Why is it good for ETH? Virtual currency

    Ethereum Shanghai Upgrade: Why is it good for ETH?

    The Ethereum blockchain is about to receive an important update on April 12th, namely the Shanghai Upgrade. The main purpose of this upgrade is to enable the extraction of Ethereum (ETH) already pledged on the Beacon Chain. Currently, over 17 million Ethereum coins are locked on the Beacon Chain, accounting for over 15% of ETH's total supply.How will this upgrade affect the price and market of ETH? We believe that from multiple perspectives, the upgrade in Shanghai is beneficial for ETH, for the following reasons:Enhancing the attractiveness of beacon chains Beacon chain is a core component of Ethereum's Proof of Rights (PoS) consensus mechanism, which enables Ethereum networks to be more secure, efficient, and environmentally friendly. Currently, to become a verifier of the beacon chain, at least 32 ETHs need to be pledged and cannot be extracted. For some users, this may be a high threshold and risk. After the upgrade in Shanghai, pledgers can freely extract their ETH and rewards, which will reduce the cost and risk of pledging, attract more users to participate in pledging, and increase the security and decentralization of the Ethereum network.Reduce the cost of second tier solutions

    2023-04-28
  • Nearly 30% decline within the year! Just dropped below $34000, why did Bitcoin plummet again? Virtual currency

    Nearly 30% decline within the year! Just dropped below $34000, why did Bitcoin plummet again?

    Bitcoin has plummeted again! As of 18:10 on January 24th, the price of Bitcoin has dropped below $34000 per coin, marking the first time since July last year. The past week has seen a drop of over 20%, and this year it has fallen by nearly 30%, almost halving from the historical high of $68928.9 in November 2021.Analysts point out that since the beginning of this year, the higher intensity of regulation by global regulatory agencies on cryptocurrency assets, including Bitcoin, as well as the strengthening expectations of the Federal Reserve's tightening monetary policy, and the widespread selling of US technology stocks, have been the main reasons for Bitcoin's sharp decline.Falling below $34000Coindesk

    2023-04-28
  • Bitcoin bulls continue to push, why hasn't the rebound ended yet Virtual currency

    Bitcoin bulls continue to push, why hasn't the rebound ended yet

    Bitcoin prices have started a new rise above the resistance level of $29000. If it significantly breaks through the resistance level of $30000, BTC may rebound

    2023-04-28
  • The reason why Bitcoin (BTC) prices have fallen while counterfeit coins remain strong Virtual currency

    The reason why Bitcoin (BTC) prices have fallen while counterfeit coins remain strong

    After rising by over $29000 on Thursday, Bitcoin prices fell to $27.5 million today

    2023-04-28
  • The volatility of Bitcoin prices has increased, which is why bulls are safe Virtual currency

    The volatility of Bitcoin prices has increased, which is why bulls are safe

    Bitcoin prices have experienced several sharp fluctuations above the fulcrum level of $28500. BTC is currently rising and showing positive signs above $28800

    2023-04-28
  • Why is Bitcoin (BTC) breaking through $30000 again? Virtual currency

    Why is Bitcoin (BTC) breaking through $30000 again?

    Bitcoin once again broke through the support level of $30000 today. The value of BTC has also increased by 9% in the past 24 hours

    2023-04-27
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