Coinbase’s Base Beats Ethereum in Daily Transactions

Social app Friend.Tech usage sends Base's transaction count above Ethereum's.

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Base Becomes The Most Profitable L2 Network In August Ahead Of zkSync and Arbitrum

Base is a Layer 2 (L2) network built on Ethereum. It uses a rollup technology called Optimistic Rollups to scale Ethereum by processing transactions off-chain and then batching them and submitting them to the Ethereum mainchain.

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Coinbase Launches Base Ethereum Layer-2 Blockchain

Explore Coinbase's game-changing launch of Base, an Optimism L2 Ethereum chain, aiming to revolutionize scalability and transform the crypto ecosystem. The post Coinbase Launches Base Ethereum Layer-2 Blockchain appeared first on NFT News Today.

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Coinbase Unveils Its Own Ethereum Layer 2 Solution Called ‘Base’; Unrelated BASE Token Pumps 300%

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TA: Ethereum Won’t Go Down Quietly: Risk of Bounce Grows

Ethereum is forming a base near the $3,660 zone against the US Dollar. ETH price is correcting higher, but a move above $3,920 is needed for upside continuation. Ethereum is forming a base near the $3,660 and $3,700 support levels.

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Ethereum Exchange Balances Plummet To Three-Year Lows As Market Recovers

Ethereum balances have continued their decline that began earlier this year. The decline of coins being kept on centralized exchanges has pointed to bullish sentiment among the large holder base of the digital asset.

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Binance Smart Chain (BSC)-based Moon X’s Market Ledger to make Crypto Investment and Monitoring Easy, MOONX to List on LBank

DeFi might be a $270 billion juggernaut and growing powered by a disconnected base layer.   We have Ethereum, the Binance Smart Chain (BSC), IOST, NEO, Waves, Solana, and many more. The list keeps getting longer every day.

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Outlier Ventures opens applications for new Polygon x Base Camp Accelerator

Outlier Ventures, the European blockchain accelerator ecosystem, today announced that Polygon, the Ethereum scaling platform – has been chosen for Outlier’s latest Base Camp Accelerator program.

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Outlier Ventures ramps up Polygon startup ecosystem, launches Polygon x Base Camp Accelerator

Outlier Ventures is scaling the largest multi-chain ecosystem of founders, investors, and experts in Web3. The Polygon (MATIC/USD) ecosystem emerged in 2021 as a core hub to scale apps based on Ethereum (ETH/USD).

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Polygon Transcends Ethereum As MATIC’s Active User Base Explodes

Polygon is adding new users in the form of unique addresses faster than Ethereum despite having a lower count on the number of unique addresses than Ethereum. The network has added close to 3 million unique addresses in the last week, compared to Ethereum’s new count of 710,000 for the same duration. Today, Polygon added […]

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Bitcoin, Ethereum, Solana, Cardano - How did these cryptos fare in the ETP market

Digital assets like Bitcoin and Ethereum have seen a stellar rise in terms of adoption and user base over the past few months. However, the month of September did not contribute much to this growth.

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Ethereum Targets Enterprise Adoption With Infura Transactions (ITX) Launch

The Ethereum network is seen as the front-runner for decentralized finance (DeFi). However, high transaction fees and network congestion have seen rival platforms steal the blockchain’s user base.

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Bitcoin Vs. Ethereum As Settlement Networks

Comparing the volume and efficiency of settlement on the base layers of the Bitcoin and Ethereum networks.

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TA: Ethereum Starts Recovery, Why ETH Could Resume Its Decline

Ethereum started an upside correction from the $1,720 zone against the US Dollar. ETH price could correct further higher, but upsides might be capped near $1,850. Ethereum formed a base above the $1,720 support zone before starting an upside correction.

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Ethereum Name Service (ENS) Accounts Grew 30x in 4 Months, Data Shows

There was a tremendous uptake of Ethereum Name Service (ENS) accounts within the community in June, a new report by Etherscan—a block explorer, reveals on July 15. ENS Accounts Spike 30X in 4 Months Staggering statistics show that the user base grew by 30X from February to June 2021.

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Garlicoin - Memes, games, and more

Ethereum taught us that a cryptocurrency that can actually be used for something has a high success rate. Live since 2018, Garlicoin has rolled out Discord and Reddit tipbots, delicious memes, a payment service, a free faucet, and many more tools for its user base and ecosystem. So what's GRLC all about?

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No, not happening! What is Buterin's preference for Ethereum's base layer?

Chainlink, the decentralized network that provides real-world data to blockchains, has proved to be a worthy contender in the oracle space. Ethereum, on the other hand, is already well-known in the spThe post No, not happening! What is Buterin's preference for Ethereum's base layer? appeared first on AMBCrypto.

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Double Bottom On The Dollar Could Be The End Of Bitcoin Rally

Bitcoin, Ethereum, and just about every other asset on the planet trades against the dollar on its most liquid trading pair, and the greenback is the base currency that all exchanges rates are based on.

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Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC

Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least.

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TA: Ethereum Starts Fresh Surge, Here’s How ETH Could Rally to New ATH

Ethereum found support near $2,150 and started a fresh increase against the US Dollar. ETH price is showing positive signs and it could soon rally above $2,500. Ethereum formed a support base above $2,150 and recently started a fresh increase.

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TA: Ethereum Starts Recovery, Why $1,650 is a Major Hurdle

Ethereum is likely forming a strong support base above $1,580 against the US Dollar. ETH price could recover further, but it could face a strong resistance near $1,650. Ethereum remained strong above $1,550 and started a decent recovery.

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TA: Ethereum Breaks 100 SMA, Why ETH Looks Set For Fresh Run To $2K

Ethereum is rising and it broke the key $1,800 resistance against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards $2,000. Ethereum is forming a support base above the $1,750 and $1,760 levels.

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Ethereum Price Bounces as the Network Prepares to Attract a New & Wider User base

Ether enjoyed some green moves over the weekend, going as high as $1,755 before making its way to $1,650 on Monday. As of writing, ETH/USD is trading around $1,700. This upward move followed Bitcoin, making some recovery in tandem with the stock market.

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Ethereum fees are skyrocketing — But traders have alternatives

The issue of scalability is vital if blockchain and decentralized applications are to accommodate a massive user base.

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Burn Ethereum Fees: EIP1559 Accepted into the London Hard Fork, Coming This July

“Always” burning or destroying the base fee will cement the economic value of ETH within the Ethereum platform and create a positive feedback loop for Ether price. The post Burn Ethereum Fees: EIP1559 Accepted into the London Hard Fork, Coming This July first appeared on BitcoinExchangeGuide.

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The Top 3 Next Generation Layer 1 Blockchain Protocols

There is no shortage of layer-1 protocols promising to win the blockchain arms race and support the next generation of financial primitives. While Bitcoin and Ethereum remain by far the industry’s best-known and most supported base protocols, a wave of scalable alternatives are coming online and threatening to disrupt the established order.  From sharded multi-chainRead More

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Binance Smart Chain-Powered DEX Sees Volume Surge Amid Gas Crisis

PancakeSwap was spawned out of the decentralized finance (DeFi) cloning and food farming frenzy in late September 2020. Instead of duplicating Uniswap on Ethereum, it chose Binance Smart Chain (BSC) and its BEP20 standard to base its operations.

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Ethereum Could Explode Higher if Bulls Defend This Newly Formed Support

Ethereum could be on the cusp of seeing an explosive move higher in the coming few days This notion seems rather surprising, given the weakness seen across the entire market as of late, but its price has been able to hold above one crucial level This level could act as a base for further growth in the days and weeks ahead, and ultimately put the control of its near-term trend back into the hands of […]

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Ethereum May Soon Help Altcoins to Rocket Higher; Here’s How

Ethereum and the aggregated cryptocurrency market have been consolidating for the past few days, with Bitcoin’s recent swing past $16,000 helping to provide a base of support for ETH and other altcoins.

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MetaMask hits 1M monthly users thanks to DeFi boom

The booming DeFi sector is driving up MetaMask’s user base, with the popular Ethereum wallet report now reporting more than one million active monthly users

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Growth on Band Protocol and Kava Proves Demand for Cross-Chain DeFi

Emerging blockchains are trying to build a new DeFi ecosystem away from Ethereum. While Ethereum is still the top base layer for DeFi, increased traction for protocols like Band and...

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DeFi User Base Needs to Be More Decentralized, Says Former ConsenSys Exec

A panel of known Ethereum investors and influencers discussed decentralization and the value of the total value locked in DeFi.

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Trustology preparing Ethereum 2.0 staking for institutional clients

Trustology, a cryptocurrency custody solutions provider, announced today that it will be one of the first to offer built-in ETH 2. 0 staking support, across mobile, web or API integration, for its client base of institutional investors and individuals when the upgrade comes later this year.

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Death of Fat Protocol Thesis Is Bearish for Ethereum

A highly popular crypto-economic theory, which states that base layers are more valuable than the applications built on top of them, may soon fall out of fashion due to the...

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A surprisingly large portion of Ethereum’s user base comes from non-DeFi apps

The Graph evaluated 1 billion queries on the Ethereum blockchain network in June. The post A surprisingly large portion of Ethereum’s user base comes from non-DeFi apps appeared first on CryptoSlate.

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Financial Services Dominate European Blockchain Dev: Report

Financial services, healthcare, and energy are the primary focus industries for blockchain development in Europe. Ethereum, the second-largest network by market capitalization, is the base layer for almost a third of decentralized ledger technology (DLT) startups coming out of Europe.

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This Signal Last Seen Before Ethereum’s 60% March Crash Is “Inches Away”

After days of consolidation, Bitcoin, Ethereum, and the rest of the crypto market have finally broken down. The flagship cryptocurrency tanked from the $9,100 base to a low of $8,830 for a loss of 3%.

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Ethereum Seems Resilient Above $200: Here’s Strong Case For Rally To $250

Ethereum is trading nicely above the $192 and $200 support levels against the US Dollar. ETH price could start a strong rally if it clears the $210 and $215 resistance levels. ETH price is showing positive signs above $200 pivot level against the US Dollar.

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BitMEX Debuts Ethereum Quanto Futures With Fixed Bitcoin (BTC) Multiplier

BitMEX recently announced the launch of its new ethereum-based product: ETHUSD Quanto futures contract. The ETHUSD pair will be traded with a maximum leverage of 50x, initial equity of 2%, a base maintenance margin of 0.

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MyEtherWallet Launches New Mobile App For Fast And Secure Ethereum Purchases

The past few years have seen more users leverage MEW wallet to securely store their crypto assets. This open-source platform consequently emerged as a market leader as a non-custodial interface for Ethereum users and is now set to scale its market base with the new mobile app.

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Ethereum (ETH) Breaking This Crucial Level Could Send it Past $290: Analyst

Like Bitcoin, the past few weeks have seen Ethereum consolidate. The second-largest cryptocurrency has established a base of support around $220, trading within practically 10% of that level for all of the past ten days.

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Can Europe Rise as a Powerhouse?

When ethereum developers chose where to set base, they chose Europe and not Silicon Valley. That act in 2015 created a cluster in Zug as other companies and devs wanted... The post Can Europe Rise as a Powerhouse? appeared first on Trustnodes.

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Can Europe Rise as a Blockchain Powerhouse?

When ethereum developers chose where to set base, they chose Europe and not Silicon Valley. That act in 2015 created a cluster in Zug as other companies and devs wanted... The post Can Europe Rise as a Blockchain Powerhouse? appeared first on Trustnodes.

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Plasma Became Optimism and It Might Just Save Ethereum

The Plasma Group reformed as Optimism and is working to make ethereum's calling card, smart contracts, work above the base layer.

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Ethereum Rallies 5%: Is This A False Breakout or Real Move To $200?

Ethereum found support near the $158 area and climbed around 5%, just like bitcoin. However, ETH price is facing a strong resistance near $170, above which it could continue higher. After forming a support base near the $158 level, Ethereum recovered above $162 against the US Dollar.

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Ethereum 2 phase 0 is about building 'stable base layer'

Ethereum, the leading smart contract platform, will be taking the first step towards its most awaited upgrades this year. The platform will initiate its shift from proof-of-work to proof-of-stake withThe post Ethereum 2 phase 0 is about building 'stable base layer' appeared first on AMBCrypto.

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Ethereum's Vitalik Buterin: Layer 1 development important for short-term

A common notion in the blockchain space is that base layers should be stable and simple, while complexity and further applications should be built on layer 2. In a recent blog post on his website, VitThe post Ethereum's Vitalik Buterin: Layer 1 development important for short-term appeared first on AMBCrypto.

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Why is this Crypto Ecosystem Better than EOS, Tron for dApps?

The Ethereum platform is streets ahead of its competition in terms of dApps and developers according to recent research. Ethereum User Base Growing A recent industry review from DappRadar paints a rosier picture for the Ethereum ecosystem than its current bearish price reflects.

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Second Layer Ethereum Scaling Solution ZK Sync Launched to Rival Visa

Layer two scaling solutions have been accepted as the way forward by blockchain developers at large. Putting decentralization at risk by attempting to scale the base layer is a trade-off that doesn’t make sense for this technology.

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