Ethereum Layer-2s: More Users Than Ever Before
The use of Ethereum's Layer-2 networks has reached a new peak, with the number of users increasing from 3.8 to over 5 million in March. This growth is partly attributed to the Denali Upgrade, which has driven the Total Value Locked (TVL) in these networks to an all-time high. Affordable transaction conditions and innovations in the sector could further promote growth. For more details, please visit BTC-ECHO | Bitcoin & Blockchain since 2014.
Ethereum Down by 10% - Bears Take the Reins
According to a report by Investing.com Deutsch, Ethereum recently experienced a significant one-day loss of about 10%, raising concerns about whether this is just a short-term correction or the beginning of a longer downtrend. The decline also affected the market capitalization of the entire crypto market. For further information, please visit Investing.com Deutsch.
The Best Mining Providers at a Glance
» Infinity HashFrom our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.
» Hashing24A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.
Bitcoin, Ethereum, Litecoin & Co.: How the Cryptocurrency Prices Are Performing This Afternoon
Finanzen.net reports that there are different developments among the leading cryptocurrencies - while Bitcoin saw a slight increase and Monero even recorded significant gains, other digital currencies experienced minor losses. These fluctuations highlight once again the volatility of the digital currency market. The full report is available at finanzen.net.
Hong Kong at a Crossroads: Green Light for Bitcoin and Ethereum ETFs?
According to an article from Blockchain Hero, Hong Kong may be on the verge of approving exchange-traded funds (ETFs) based on Bitcoin and Ethereum - a move that could attract significant investments to the country and solidify its position as a regulated trading hub. More details can be found at Blockchain Hero.
Bitcoin Halving Versus Ethereum Deflation: Which Will Win the Value Appreciation Race?
Looking at supply restriction mechanisms like Bitcoin's halving cycles and Ethereum's EIP-1559 burn mechanism, Krypto Magazin explores how they could potentially influence their prices; both aim to make fewer coins available in the long run, which could theoretically increase their value if demand stays constant or rises. For deeper analysis, continue reading at Krypto Magazin.
