The year 2022 is proving to be a massive year for smart contracts and blockchain. These technologies are expected to see massive growth as the [...]

San Francisco, United States, 11th March, 2022, Chainwire With 320,000 mobile downloads and moving over two billion data payloads per

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Ethereum (ether or ETH) is the native token of the Ethereum blockchain. The Ethereum blockchain is open-sourced and enables anyone to write smart contracts on it for the development of decentralized applications (dApps). Most of the dApps that are developed in the Ethereum blockchain are hosted as ERC-20 tokens which are in their hundreds of thousands. Presently, transactions in the tokens are carried out by using ether in buying the gas fees. What is Ethereum? Ethereum is a cryptocurrency that was co-founded by Russian Vitalik Buterin with other cofounders like Gavin Wood, Charles Hoskinson, and others in 2013. It raised over $18.3 million through its public sale of 60 million Ether in 2014 at an initial coin offering price of $0.311. It uses the Solidity programming language that is highly secured to ensure that assets stored in private wallets are saved from attacks. Ethereum is a community-driven coin that wants to ensure that everyone in the world can transact with ease and also launch their projects on the platform. The native token Ether attained an all-time high price of $4,891.70 on November 16th, 2021 during the bullish run of some of the top 100 cryptocurrencies. Let’s see the Ethereum price analysis for the coming years. Price Analysis of Ethereum Coin Flashback: Fundamental Analysis of Ethereum Fundamental analysis has to do with ways through which news and announcements can affect the price of an asset. In the Ethereum community, there is news that has increased the positive sentiments that investors have for it in the long term. In recent news, it was announced that the Ethereum blockchain will be migrating to the Proof-of-Stake (POS) consensus mechanism from the present Proof-of-Work (POW) algorithm that it uses. This news is a welcome development among the users of the Ethereum blockchain since the POS mechanism will reduce the high fees paid by users in carrying out transactions on the blockchain in the form of gas fees. This exorbitant fee is one of the reasons why Ethereum competitors are attracting projects that are previously launched on Ethereum to either move multi-chain or move away from it to platforms with almost the same capacity and minimal transaction fees. Also, in another news on continuous Ether burn is increasing the trust that investors have for the coin, since all the ETH burned are forever lost and can be traded again. Burning is a mechanism where a given quantity of a coin/token is sent to a dead wallet where it not never be transferred into circulation again. This reduces the quantity of the asset in circulation and can sometimes increase the price depending on the volume of buyers. Ever since the launch of the Ethereum London fork in August 2021, ETH worth over $1 billion had been burnt. Now, we shall use charts to discuss the price analysis of Ethereum. From the link above, the relative strength index (RSI) value of Ethereum is 46.79 which means that the present trend is weak since it lies between 30 and 50. More buyer’s pressure can change the present bearish trend to be bullish. The link above represents a 1day chart of ETH/USDT using the Keltner channel that helps to know the direction of a trend. Since the present candlestick is within the second part of the curve from the top and is bearish, the price of Ethereum might plummet further. From the link above, since the 200-MA is above the 100-MA, we can deduce that Ethereum is bullish in the long term. The section below shows the Ethereum (ETH) price prediction for the next five years. Ethereum Price Prediction 2022 By the end of the first quarter of 2022, the price of ETH might reach $2,870. However, it will be within the range of $2100 and $3,100 by the end of the second quarter of 2022. By the end of the third and fourth quarters of the year 2022, ETH prices will be within $2950 to $3,900 and $2,500 to $6,500 respectively. Ethereum Price Prediction 2023 The price of Ethereum might reach $7,000 by the end of the first quarter and $8,000 by the end of the second quarter. In the third and fourth quarters of 2023, ETH prices might be $6000 and $9000 respectively. Ethereum Price Prediction 2024 The price of Ethereum might reach $10,000 by the end of the first quarter and $12,000 by the end of the second quarter. In the third and fourth quarters of 2024, ETH prices might be $16000 and $19000 respectively. Ethereum Price Prediction 2025 The price of Ethereum might reach $17,000 by the end of the first quarter and $18,500 by the end of the second quarter. In the third and fourth quarters of 2025, ETH prices might be $20,000 and $22,000 respectively. Ethereum Price Prediction 2026 The price of Ethereum might … Continued

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Stacks is soaring after crypto exchange Okcoin announced a partnership with the L1 blockchain…

The post Top places to buy Stacks, which gained 32% in 24 hours appeared first on Coin Journal.

The Elrond Network has undergone several successful developments recently, which reflect on its price.…

The post You can now buy Elrond, which added a tenth to its value: here’s where appeared first on Coin Journal.

Just three months after the last series C funding round, the Israeli company StarkWare is raising another $100 million at a $6 billion valuation, according to a report by the Israeli tech outlet Calcalist.

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Cosmos is the blockchain protocol that creates a new web in the ecosystem. It has some similarities to Ethereum with its Turing-complete clever contract language. It focuses on building decentralized applications, but it also aims to be a platform for business collaboration with faster transactions, cheaper fees, and less energy consumption. The proposed governing system is called the ‘Polkadot network’, consisting of various layers and benefits from native interoperability with other blockchains. What is Polkadot and Cosmos? Cosmos is the blockchain protocol that creates a new web in the ecosystem. The proposed governing system is called the ‘Polkadot network,’ consisting of various layers and benefits from native interoperability with other blockchains. It has some similarities to Ethereum with its Turing-complete imaginative contract language. It focuses on building decentralized applications, but it also aims to be a platform for business collaboration with faster transactions, cheaper fees, and less energy consumption. Why do you need them? The idea behind Polkadot is that the blockchain ecosystem is becoming a cluttered jungle of systems, which in turn creates severe obstacles to interoperability for various projects. The Polkadot (or ‘parachain’) project proposes to solve this problem by creating a hub that can merge and reconcile different blockchains, providing a better way of token exchange. Instead of asking each blockchain to develop its memorable currency exchange and complex mechanism for data transfer between blockchains, the developers are trying to create an alternative blockchain that will act as a standard hub and allow seamless exchange between all the other existing chains. An overview of their differences: ​1. Differences in the protocol: Cosmos uses Tendermint as its primary consensus protocol, where the entire network of validators can change depending on which block gets added and validated. This allows for a more flexible network that is also self-healing in the case of a power outage or other issues with the underlying hardware. 2. Differences in idea: Cosmos is quite similar to Ethereum as it also focuses on fast transactions, smart contracts, and developing decentralized apps. The Polkadot developers want to provide a system for all blockchains to use, while Ethereum is more focused on building more sophisticated decentralized applications. 3. goal differences: Cosmos plans to create a platform that will allow businesses and other parties to collaborate freely. At the same time, Ethereum aims to create a platform for blue-chip companies and other large corporations who want an utterly autonomous blockchain with no outside influence. 4. Differences in the technology: Cosmos uses Tendermint as its primary consensus protocol, where the entire network of validators can change depending on which block gets added and validated. This allows for a more flexible network that is also self-healing in the case of a power outage or other issues with the underlying hardware.  Final verdict The developers of Polkadot are trying to create a platform for all blockchains, making it possible for them to merge and reduce their number. In turn, the Cosmos creators are trying to provide a protocol that would allow blockchain systems to communicate and collaborate. Both projects have their own goals and problems, so they’re pretty different.  As we can see, both of them are trying to achieve the same goals and solve the same problems, but they are also different in terms of technology, target audience, governance layer, and governance model. ​One thing is for sure: blockchain technology has already achieved a significant degree of maturity and provided many opportunities for businesses worldwide. 

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Crypto markets have been unable to sustain their rallies from last week. Bitcoin reached highs of around $45,000 last week before falling to lows of around $37,000 as recent as yesterday, currently trading at around $39,000. Crypto markets appear to be unable to shrug off their correlation to equity markets. Moreover, prospective regulation could be […]

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According to the startup Starkware, the team’s Ethereum layer two (L2) service Starknet has been integrated by the blockchain API and node service Alchemy. Developers can now leverage Alchemy’s infrastructure tools alongside Starknet’s zero-knowledge (ZK) rollup technology. Israel-Based Startup Starkware Partners With Alchemy On Monday, the blockchain startup Starkware announced the team has inked a […]

On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064.27 per ounce as the Russia-Ukraine war and global commodities surge has fueled demand. Gold’s Value Surges Higher Amid Commodities […]

Yield farming has been gaining traction as one of the most lucrative crypto investment strategies with high liquidity. It gives crypto investors a greater chance to increase their revenue and earn higher ROI. Yield Farming happens through decentralized applications (dapps) that run on a blockchain network. They have no third party involved and eliminate the […]

Espresso Systems is developing right solutions to address the technical and log-jam issues that prevent the advantages of Web3 scalability and privacy. (Read More)