Rollblock (RBLK) Could be Poised to Revolutionize Online Gambling, Promising Greater Deflationary Mechanisms Than ETH and SHIB

While Ethereum (ETH) coin has established itself as a deflationary asset due to widespread adoption in the altcoin market, Shiba Inu (SHIB) has also received a similar acclamation as it secures top ranking position among meme coins.

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Ethereum’s deflation accelerates as Shanghai upgrade looms — Can ETH price avoid a 30% drop?

A deflationary Ethereum supply does not necessarily mean a bullish market for ETH, at least in the near term.

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Is an Explosion of Ethereum on the Horizon? ETH Turns Deflationary Amid Rising Gas Fees

Ethereum continued its bullish climb over the weekend before stalling at the beginning of a new week. The second-largest crypto has now reclaimed the pre-FTX crash price. In just one week, the price of Ethereum has recovered by 17% and looks unstoppable to the $1,650 resistance, according to data provided by CoinMarketCap.  Meanwhile, investors would […]

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Ethereum: Deflationary? Yes, but there is more than meets the eye

In January, ETH's supply decreased by 10,145.72 units. February might be marked by a price decline.  According to data from Ultrasound Money, in January, Ethereum’s [ETH] supply decreasedThe post Ethereum: Deflationary? Yes, but there is more than meets the eye appeared first on AMBCrypto.

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Ethereum supply decrease results in net deflationary value of $16m

The supply of ethereum (ETH) fell in January, resulting in a net deflationary value of $16 million.  ETH net deflationary value falls to $16m According to the Ultrasound Money report, the total supply of ETH is 120,515,722, with an annual…

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Ethereum once again has become deflationary, here's how

ETH's annualized inflation has dropped to 0.00002%. The value of transaction settlements on the Ethereum network is significantly higher than that on the Bitcoin network. For the first time The post Ethereum once again has become deflationary, here's how appeared first on AMBCrypto.

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Ethereum turns deflationary amid weekend market rally

Ethereum (ETH) issuance turned deflationary over the weekend amid a market-wide rally.

The post Ethereum turns deflationary amid weekend market rally appeared first on CryptoSlate.

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Ethereum Hits Ten-Week High and Turns Deflationary Again

Ethereum prices have surged to their highest levels for ten weeks. Additionally, ETH issuance is back in the deflationary territory as network demand ramps up. The post Ethereum Hits Ten-Week High and Turns Deflationary Again appeared first on BeInCrypto.

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Ethereum (ETH) Inflation at Almost 5,000 ETH, But It Might Become Deflationary Again

Second biggest cryptocurrency on market is no longer deflationary, but it could be temporary problem

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As Ethereum (ETH) becomes deflationary, Rate That Crypto (RTC) plans on making its way into top 100 crypto list

As Ethereum becomes deflationary, supporting ETH prices, Rate That Crypto's token, RTC, plans to be the next big thing.

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CryptoSlate Wrapped Daily: Ethereum losses deflationary gains; Andre Cronje reveals how DeFi saved Fantom

The biggest news in the cryptoverse for November 29 includes exchanges dismissing rumors of insolvency, NEXO releasing proof of reserves, Andre Cronje revealing how DeFi helped Fantom grow its reserve, United States politician Beto O’Rourke returning a $1 million donation to Sam Bankman-Fried, and ETH erasing 80% of deflationary gains post-FTX collapse.

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ETH deflationary gains erased post-FTX collapse

Ethereum (ETH) recently became the most deflationary it had historically ever been amid the FTX collapse, reaching a deflationary percentage of -0. 00514%, but as of Nov 29, ETH has lost almost all deflationary gains.

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As Ethereum Becomes More Deflationary Than Ever, Here’s What to Expect From ETH Price

Post-Merge Ethereum price action has kept traders wondering what's in store for ETH going forward, but a few positive developments present good long-term prospects.  The post As Ethereum Becomes More Deflationary Than Ever, Here’s What to Expect From ETH Price appeared first on BeInCrypto.

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Why ETH investors could have tough days despite these promising updates

The total annualized issuance rate of ETH reduced substantially  Circulation also decreased, adding to Ethereum’s deflationary nature  Many speculations were made regarding what would liThe post Why ETH investors could have tough days despite these promising updates appeared first on AMBCrypto.

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Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop

A bearish technical setup and a declining number of Ether whales pose downside risks for ETH’s price.

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Ethereum Becomes Ultra Sound Money But Remains Vulnerable to Censorship

Ethereum achieves ‘zero net issuance’ 55 days after the much-anticipated Merge. Deflationary, Ultrasound money status is intact. But the price falls as ETH nosedives by more than 18%- still bleeding.

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Here is why strong post-Merge fundamentals could benefit Ethereum price

An increase in staked ETH, lucrative yield on liquid staked ETH tokens and deflationary tokenomics are possible bullish factors for Ether’s price.

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ETH and XRP Bearish Price News as the Hideaways (HDWY) Explodes

Ethereum (ETH) and Ripple (XRP) are not reacting well despite recent positive Ethereum news and Ripple news. Ethereum (ETH) had just recorded its first deflationary month, meaning more tokens were removed than added from September to October.

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Ethereum records 1st deflationary month in history as circulating supply declines

The has been debate on Ethereum’s potential to become deflationary after The Merge but the issuance increase in the days following the move to proof-of-stake appeared to negate the deflationary theory; however, the burn rate throughout October has led to ETH recording its first 30 deflationary days in history.

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Here’s How Much ETH Is Expected To Be Burned Every Year

The Ethereum (ETH) burn was implemented with the EIP-1559 and since then, thousands of ETH have been burned and taken out of circulation. The ETH burn continues in a bid to make the cryptocurrency deflationary, and it has actually been able to achieve this in some blocks. Given the number of ETH that is being […]

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Ethereum price eyes 35% rally after 6,000 ETH gets burned in one week

A new crypto project aiming to mint tokens from burning Ether is behind Ethereum’s deflationary turn.

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Ether Becomes Deflationary for First Time Since the Merge: Coinbase

Ether (ETH) reached a “post-Merge milestone” this week as it became deflationary for the first time since the Ethereum blockchain switched to proof-of-stake (PoS), Coinbase (COIN) said in a report Thursday.

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Report Shows Ethereum Supply Tanks By 5,500 ETH, What Does It Mean?

Ethereum completed one of its historic upgrades in mid-September. The Merge created the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Unfortunately, the post-Merge events brought deflationary situations for the blockchain.

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Interest in XEN Crypto makes Ethereum deflationary

XEN Crypto, a new project on Ethereum, is responsible for over 40% of ETH burns and has made the network’s issuance deflationary for consecutive days, according to ultrasound.money data. The post Interest in XEN Crypto makes Ethereum deflationary appeared first on CryptoSlate.

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ETH Becomes Deflationary As XEN Consumes 50% Of ETH’s Block Space 

Ethereum (ETH) has become deflationary recently. This decline is due to XEN, a new token that has consumed over 50% of ETH's block space.

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XEN Crypto Detonated the Crypto Market, Cryptocurrency Trading Platform MEXC Became Its Main Battlefield

XEN crypto is making Ethereum more deflationary, pushing the demand for ETH leading to the burning of record trading fees in the past two days.

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Ethereum issuance decreased 94% since The Merge, what does this mean for its future?

Ethereum has experienced a decrease in ETH issuance since the Merge upgrade. Specifically, its issuance rate has decreased by 98% since the Merge, and the asset is not yet deflationary due to the fact that its issuance is still more than burned ETH.

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Ethereum Sees 98% Decrease in ETH Issuance Since Merge

The number of Ethereum being issued daily has drastically been cut since the Merge, on-chain data show, suggesting that the asset is on its way to becoming deflationary. The post Ethereum Sees 98% Decrease in ETH Issuance Since Merge appeared first on BeInCrypto.

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Research: Is ETH inflationary or deflationary after the Merge?

One of the most heated debates surrounding Ethereum’s transition to a Proof-of-Stake network focused on the issuance of ETH. The post Research: Is ETH inflationary or deflationary after the Merge? appeared first on CryptoSlate.

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Why Has ETH’s Supply Increased Since the Merge?

While the shift to Proof-of-Stake greatly reduced Ethereums ETH emissions, higher transaction fees are necessary for the networks monetary system to become deflationary. ETH Total Supply Inflating Ethereums token supply...

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Ethereum (ETH) Price Falls Sharply Despite Merge Set for Early September

Despite the Ethereum merge being expected to reduce emissions by 88% and potentially make ETH deflationary, the price has fallen considerably in August. The post Ethereum (ETH) Price Falls Sharply Despite Merge Set for Early September appeared first on BeInCrypto.

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Ethereum Faces 18% Supply Reduction Following Bored Apes' "Otherside" Mint

Ethereum also faced its lowest deflationary day ever as ETH daily net issuance fell to -58,660

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Pets of Elon Announces It Has Collected 1,050 ETH, and 1,283 BNB From Its Token Presale

Dubai, UAE, April 27, 2022  – $POE token is the native currency of the Pets Of Elon project. Pets Of Elon is a cryptocurrency project based on the Ethereum Network (ETH), and Binance Smart Chain (BSC) that never stops pumping and growing through the use of true deflationary techniques and further income generation for the […] The post Pets of Elon Announces It Has Collected 1,050 ETH, and 1,283 BNB From Its Token Presale appeared first on NullTX.

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Ethereum Crosses $5 Billion In ETH Burned As Momentum Picks Up

Ethereum implemented the EIP-1559 in 2021 and since then, ETH has been burned every day. This upgrade has pushed the network towards becoming deflationary, taking more than 30% that would have gone straight into circulation and burning it.

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Ethereum Ultra-Bullish For 2022 Following The Implementation Of EIP-1559 — Here’s Why

EIP-1559 is currently burning a remarkable 6. 28 ETH per minute. In the 131 days since the London Hardfork, close to 1. 2 million ETH coins have been burned.   The reducing issuance is highly bullish and indicative of a deflationary future for Ether.

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Analyst: 'Deflationary forces' present an optimistic outlook for BTC, ETH in 2022

Consider the hypothesis: deflation could swap inflation next year. Well, if that's the case, cryptocurrency can prevail over other asset classes. This is the hypothesis based on which Bloomberg IntellThe post Analyst: 'Deflationary forces' present an optimistic outlook for BTC, ETH in 2022 appeared first on AMBCrypto.

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Vitalik Buterin outlines ‘endgame’ roadmap for ETH 2.0

The Eth2 launch process began in November 2020. The network’s switch to proof-of-stake is expected to make ETH a deflationary asset.

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Academic research claims ETH is a ‘superior’ store of value to Bitcoin

The report highlights the merits of EIP-1559 as a tool for making ETH a deflationary cryptocurrency and potentially a better store of value than Bitcoin.

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EIP-1559 Has Now Burned More ETH Than Ethereum Miners Hold

Ethereum continues to face consecutive weeks of deflationary issuance since the London hard fork which saw the EIP-1559 improvement proposal launch on the Ethereum network in early August. So far, circa 961,920 ETH (Approximately $4.

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ETH’s Net Annual Inflation Now under 1%, Ethereum Foundation Selling Ether

Since the implementation of EIP-1559, almost 860,000 ETH worth $3. 2 billion have been burnt, which is about 40% of the ETH issued in that period. Daily net ETH issuance has now dipped below zero in 10 days, making the crypto asset deflationary.

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Here’s All You Need to Know About Ether’s First Deflationary Week

Ether (ETH) may achieve a deflationary asset status sooner than expected, as more and more ETH continues to get burnt each day via the gas fee burn mechanism implemented during the London upgrade. Ether’s First Deflationary Week While Satoshi Nakamoto’s bitcoin (BTC) remains the world’s number one deflationary cryptocurrency, ether (ETH) is making steady progressRead More

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Ethereum On The Cusp Of Becoming An “Even Scarcer Commodity” — What This Means

The Ethereum network propelled the Ethereum London hardfork upgrade that included the famous EIP-1559 in August. This Ethereum improvement proposal was to usher in deflationary issuance of ETH, the native token of Ethereum, hence making it more scarce.

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Direxion Withdraws ETF to Short Bitcoin, Ether Futures ETF Expected to be Approved Next as ETH Enjoys First-ever Deflationary Week

Ether price has hit a new ATH at $4,645, up more than 530% YTD, as the supply shocks become real, making ETH scarcer amid rising demand. The post Direxion Withdraws ETF to Short Bitcoin, Ether Futures ETF Expected to be Approved Next as ETH Enjoys First-ever Deflationary Week first appeared on BitcoinExchangeGuide.

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Ethereum witnesses a week of deflationary issuance; more ETH burned than mined

The Ethereum market has been more active than ever as the second-largest digital asset hit a new all-time high on 2nd November at $4,477. Ethereum has also been witnessing a streak of negative supply The post Ethereum witnesses a week of deflationary issuance; more ETH burned than mined appeared first on AMBCrypto.

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Ethereum (ETH) just hit one week of ‘negative issuance.’ Here’s what it means.

Ethereum (ETH) hit one week of negative issuance for the first time on Sunday, as effects of the network’s deflationary design came into full display. The post Ethereum (ETH) just hit one week of ‘negative issuance.

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Ethereum (ETH) Users Paid $1 Billion in Fees in 30 Days, Here's How Much ETH Burned

With EIP-1559 activated, Ethereum inches closer to the status of deflationary asset

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Ether Fees Skyrocket During Flash Crash Making it Deflationary, SOL Provides an Opportunity to Those Who Missed ETH

The flash crash on Tuesday saw Ether falling to $3,000 after hitting $4,030 just four days back. Momentarily wiping out all the progress made in the past month, Ether is currently above $3,400. ETHBTC also went down to 0.

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Ethereum Issuance Turns Negative For The First Time As NFT Mania Persists

Ethereum was deflationary on September 3 as more ETH was burned than issued. This marks the first time Etheruem issuance turns negative after the EIP-1559 proposal, which added an element of deflation to the second-largest cryptocurrency by market cap.

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Ethereum Mining Difficulty Hit New High with 200,000 ETH Burned: Here's How Market Reacts

First deflationary day and mining difficulty ATH fired ETH back to $4,000 zone

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