Ethereum Rockets to New Local Highs at $420—and More Upside Is Expected

It seems the second leg of the crypto bull market has finally arrived. In the past 30 minutes, Ethereum has shot higher after a week of consolidation. As of the time of this article’s writing, ETH trades for $420 — more than 7% higher than it was just an hour or two ago. The breakout […]

Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’

Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He 'Failed'Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a.m. ET, cofounder Brock Elmore tweeted that he was sorry he “failed.” On Wednesday, well […]

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No need for multi-layer solutions with Bitcoin

There’s no reason to devote time and money into building a layer two solution for BTC or Ethereum since Bitcoin SV already exists. […]
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The post No need for multi-layer solutions with Bitcoin appeared first on CoinGeek.

Ethereum’s present highs might short its future

There is a lot happening within the Ethereum ecosystem. Although Ether’s value has struggled to break above $400, at the moment, the network is witnessing astonishing levels of activity. However, the The post Ethereum’s present highs might short its fu…

BLOK and GFIN: Rising Blockchain ETFs

ETF aims to facilitate total returns by simply investing 80% of its net assets in the stocks and equities of the companies who actively promote and work on the development of blockchain technologies BLOK is almost up by 25% year to date. Despite the ma…