Category: Ethereum

Revealing the journey of Ethereum toward $4,000 Ethereum turned itself into an optimistic second-largest digital coin, managed to reach the mark of nearly $4,000. As for now, the price level has stepped over the ascending trend line, reaching the level at about $3,254.80. It’s obvious that the price of bitcoin is at the key support point; other coins are likely following suit. But looking for a confirming point—the price of Bitcoin dominance above $69,000—makes even more sense. Let’s look at the points and main factors affecting such a high target…

Key Objectives Driving the Ethereum Purge Ethereum Purge is finally going to provide the Ethereum network with what is needed to meet its futuristic goals, namely: 1. Simplifying Network Infrastructure Through discarding the network history that is old and extra, the Ethereum Purge has a goal of simplifying the Ethereum protocol which will increase the hardiness and security of the same and thus it will be less prone to scalability problems and security threats. 2. Enhancing Scalability Reducing historic data storage requirements, and thus relieving node operators and improving the…

In the cryptocurrency trading universe, Ethereum, usually referred to by its abbreviated name ETH, is one of the biggest cryptos ever created and a meaningful investment destination because it is an open-source next-generation platform on which developers build decentralized applications and smart contracts that operate on the Ether blockchain. As is true for any other financial instrument, the forecast for the immediate future of the Ethereum currency is full of volatility and signals from the market that tempt and complicate the work of investors who seek to stay in one…