Wednesday, October 21, 2020 4:41:42 AM
ConsenSys developer Ben Edgington announced that the Ethereum 2.0 deposit contract will be launched "in the coming days." It will allow transferring coins between Ethereum and Ethereum 2.0. This is one of the few remaining updates required to launch the second version of the web. Genesis block ETH 2.0 will appear within 6-8 weeks, according to the developer who clarifies that this is "not an official statement." "Meanwhile, be careful out there. Many fake deposit contracts and Launchpad front-ends will erupt in the coming days. Look out for the official announcements: do not send Eth to random contracts; this is not DeFi,” Edgington warned.
The BTC rate has come close to $12,000
On October 20, the bitcoin price rose to $11,930, which became the highest value since the beginning of September. In 24 hours, the first cryptocurrency went up by 2.8%, and in two weeks it added more than 11% in price. The bitcoin dominance index in the cryptocurrency market rose to 59%. Earlier, the BTC hashrate once again updated its historical maximum. In addition, the trading volume of the first cryptocurrency jumped sharply in relation to altcoins - to a three-year peak. At the same time, the altcoin market capitalization decreased by 4.8% over the week.
Large investors withdraw ethereum from exchanges
Santiment analysts noticed that Ethereum whales are withdrawing coins from exchanges. Over the past two months, the amount of ETH on the largest exchangers' wallets has decreased by 20.5%. This indicates "price confidence on the part of leaders," Santiment writes. A similar trend is noted by the Glassnode service, according to which the volume of ethereum on the exchanges fell to a minimum of nine months. At the same time, the number of addresses with a balance of more than 32 ETH has reached a historic peak - this is how many coins are needed for staking on the Ethereum 2.0 network.
Recent EOSUSD News
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- Whatever happened to the 10 biggest projects from the ICO era? • Cointelegraph • 08/24/2024 01:01:00 PM
- Circle CEO Jeremy Allaire Unveils ‘Extraordinary’ Long-Term Crypto Prediction – Here’s His Outlook • The Daily Hodl • 08/04/2024 02:30:28 PM
- Trump quashes reports on Jamie Dimon and Larry Fink as his Treasury Secretary • Cointelegraph • 07/23/2024 04:06:33 PM
- Artificial Intelligence (AI) Deepfake Video Scams Steal $273,350 From Three Men: Report • The Daily Hodl • 07/14/2024 06:45:41 PM
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- Here’s Why Tether Has Ceased Minting USDT On EOS And Algorand • ZyCrypto • 06/26/2024 04:47:04 PM
- Stablecoin Issuer Tether Discontinues Support for Algorand (ALGO) and EOS Implementations • The Daily Hodl • 06/24/2024 10:01:08 PM
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- AI Crypto Fetch.ai (FET) Makes ‘Big Bounce’ – Volume Spikes Over 200% Ahead Of Merger • NEWSBTC • 06/21/2024 07:00:30 AM
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- Cryptocurrency Ownership Hits 6.8% Globally; Japanese Exchange Suffers $300 Million Theft, and More in Crypto • IH Market News • 05/31/2024 09:16:17 PM
- EOS Network unveils new token model with fixed supply of 2.1 billion tokens • Crypto Briefing • 05/31/2024 07:41:07 PM
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- Render Soars 50% In 1 Week: Whales Accumulating As Apple Jumps In • NEWSBTC • 05/09/2024 01:00:54 AM
- Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong • Cointelegraph • 05/08/2024 11:47:21 AM
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- Healix Protocol’s HLX Token Presale Soars as Former Crypto Giants Return • ZyCrypto • 04/09/2024 02:39:13 PM
- History of Crypto: The ICO Boom and Ethereum's Evolution • Cointelegraph • 04/02/2024 04:05:00 PM
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