Ethereum

How you can use it to make your crypto portfolio impressive and with no efforts involved in it.When I first encountered this Airdrop stuff, the 1st question that came to my mind is that “why someone will give their money for free?” but then, my curiosity flooded my mind, and then I started researching about this.Believe me, guys, there are lots of opportunities in this Internet world if you are eager to find that one, and Crypto Airdrops are one of them where you can literally earn profits. So in this article, I will try to answer all the questions about Airdrops and try to Destroy the myths about them.In the cryptocurrency world, an Airdrop stands for free crypto tokens, which you can earn by doing simple tasks on different social media platforms. They commonly occur up to 1 to 3 months before the ICO (Initial Coin Offering). The reason for an airdrop is that new projects want to create awareness for their project, and they also want to attract new potential investors for their upcoming project.Why are Crypto Projects Giving their tokens away for free ?The main goal is to get users who spread information through different social media channels about their projects. Mostly it’s about sharing and liking posts on their social media channels. This will raise awareness and attract new potential investors. A high user base has a positive impact on the token value. That’s the reason why they are giving you tokens for free — That’s the way how they promote their project!There are different types of airdrops:Initial-Coin-Offering (ICO) — These airdrops take place before the ICO (Initial Coin Offering). Such airdrops need a long time period and can also be unsuccessful if the project doesn’t collect their Soft Cap in their ICO.Holder — Companies will…

The last year become one of the best years in the history of cryptocurrencies. Bitcoin reached new highs, Ethereum 2.0 (phase zero) was launched, institutional investors entered the crypto market and PayPal announced support of crypto. All this says that the year 2021 will be unique for the crypto community. So, learn more about the future of cryptocurrency.What kind of crypto trends to expect this year? On which cryptocurrencies you should keep your eyes on? How to make money with cryptocurrency? Which cryptocurrency is best? Is cryptocurrency dead? Continue to read and find out!We have witnessed a significant increase in crypto adoption. During this year the crypto market will also remain attractive to all investors including institutional ones. But not only Bitcoin will fall under the spotlight.Polkadot is an open-source protocol that allows data transfer between different blockchains. The main goal of the project is to create a fully decentralized and private network for developing applications and services.The number of Polkadot projects that have already risen to prominence is remarkable. Moreover, after DOT listing on the leading crypto exchanges, Polkadot quickly entered the top 10 cryptocurrencies by market capitalization. In 2021 we can expect Polkadot’s truly meteoric rise that will generate outsized returns to its supporters.Cardano is a very ambitious project. Its founder Charles Hoskinson says that Cardano’s main goal is to provide the tools for creators and innovators that could help to change the world for the better. This crypto project has been around for several years and in recent months it has significantly increased its influence and attracted investors’ attention.Cardano’s smart contract era is well on the way. The team is working hard on launching the Goguen era that will bring the implementation of smart contracts and the ability to create decentralized applications. The first step was already…

Digital currencies have revolutionized how financial transactions work. All this started with the rise of cryptocurrency Bitcoin, and ever since, we have seen a surge in the number of cryptocurrencies in the market. But if we have to take the prominent names, Bitcoin and Ethereum will first strike the mind. Bitcoin is a pioneering cryptocurrency that triggered the rise of peer-to-peer currency exchange, and later many other cryptocurrencies were making their way into the market. In this blog, we will be focusing on Bitcoin and Ethereum.While Ethereum and Bitcoin both are cryptocurrencies, the use of Ethereum is not merely limited to financial value; rather, it is also a DLT platform that aids the creation of applications. Ethereum developers also work on creating smart contracts, which are digitized and automatic.Another line of difference between the two is that both BTC and ETH are global currencies. Still, the primary objective of ETH is not to establish itself as an alternative monetary system but also facilitates and monetizes the operation of dApps, and smart contracts.From the above discussion, we can conclude that the use of Ethereum’s multiple utilities as a cryptocurrency and development platform, Ethereum developers are actively using it to create various applications that can promote the use of Blockchain.The utility of Ethereum can be deciphered from the fact that there are 247 Ethereum related repositories on Github compared to Bitcoin’s 4. The repository is where the developers collaborate via Github to access project information.In addition to this, Ethereum is also backed by an alliance of Fortune 500 companies that promote the use of Ethereum and the development of applications based on Ethereum. This collaboration is called The Enterprise Ethereum Alliance.With so many companies and developers keen on this technology, we can certainly say that Ethereum is ruling the charts. All this…

Trezor TCost: $170Read ReviewVisit SiteNano XCost: $119Read ReviewVisit SiteThe wallets will be compared based on the following featuresPriceSecurityCoin SupportSetupScreenSize and DesignThe first on our list is the price, this is usually the very first thing that’s considered by every rational buyer.The Trezor Model T costs $170, which is $51 higher than the Ledger Nano X at $119. The model T price tag is not a friendly one despite its touch screen and increased coin support.The Nano X has more to offer at a lower price, so in this category, I will pick the Ledger device over the Trezor model T.Both wallets provide maximum security when it comes to storing your cryptocurrencies. However, hardware wallets are more vulnerable to physical attacks. It’s a tie.Trezor T Coin SupportThere are over 1000 digital assets supported on the Tezor T, including ERC20 tokens. Below is a list of some of the popular coins:Bitcoin (BTC)Ethereum (ETH)Ripple (XRP)Litecoin (LTC)Bitcoin Cash (BCH)Stellar Lumens (XLM)Dash(DASH)Ethereum Classic (ETC)Nano X Coin SupportNano X supports over 1000 digital assets, including ERC20 tokens. Some of the main supported are;Bitcoin(BTC)Ethereum(ETH)Ripple(XRP)Stellar(XLM)Dogecoin(DOGE)Litecoin(LTC)Ethereum Classic(ETC)Zcash(ZEX), etc.Both wallets match each other when it comes to coin support. Trezor had added some popular coins that were missing in previous versions e.g., Ripple, Stellar, and Monero.Setting up both wallets is quite easy and will not take you more than 5 minutes. However, the Trezor device needs to be connected to a computer to power on. On the other hand, the Nano X comes with an inbuilt battery making it wireless.You will be required to set a PIN by both wallets, after that, write down your recovery seed and keep it in a safe location.The Trezor T touchscreen makes it stand out in this category. Although its small screen size makes it difficult for a person with large fingers to operate.However,…

Not only the flagship Bitcoin benefits from the upswing in the crypto market. The altcoins are also doing a remarkable rally. The top performers include Dash and Cosmos (ATOM), which show the different powers of the crypto market.In the slipstream of the crypto draft horses Bitcoin and Ethereum, all Altcoins are currently in top form. Like BTC and ETH, they benefit from massive capital inflows. In the past four weeks alone, almost $ 500 billion has flowed into the crypto market. With currently 1.5 trillion US dollars, the overall market is more liquid than ever before. If the trend continues, the symbolic US $ 2 trillion mark is only a matter of weeks. There are very different causal relationships that favor the current shift of assets into crypto assets. Staking demand, DeFi growth, or network upgrades: the levers are as diverse as the crypto ecosystem. The different effective forces can be exemplified on Dash and Cosmos (ATOM).Dash is still more than $ 1,000 away from its record high of 2017. With a weekly plus of over 100 percent, the privacy coin growth curve is currently pointing steeply north. In addition to a general mood of optimism in the crypto market, the Dash rally is explained in particular against the background of the approaching Dash platform.The Dash platform has been in development since 2015 and is considered a Dash showcase project. At the end of 2020, the Dash Core Group announced the release for the Dash platform on the testnet and thus set the countdown for the transfer to the mainnet. As a decentralized cloud storage system, the platform will in future compete with the centralized top dogs Amazon and Google. Users can send and save data via the Dash platform, but unlike Google and Co., they should not be monetized…

The DeFi (Decentralized Finance) space would not be complete without a discussion on money legos. These are the building blocks for programmable money, performed by smart contracts and executed on a blockchain. The proliferation of decentralized applications is due to the infrastructure provided by the Ethereum blockchain network. It is one large decentralized network of nodes that has a world state, that checks the consistency and finality of a transaction.Connecting these components together is the main concept of composability. In a way, it is a “middleware” that binds various protocols through an interoperability layer. In DeFi, these protocols are responsible for transferring value, swapping tokens, fetching external feeds, and providing liquidity. These consist of components that interoperate to provide solutions as financial instruments for users. Popular examples of these protocols include Curve, Yearn, Bancor, and Compound. These protocols, unlike banks and other financial institutions, are also permissionless and trustless entities. They just provide an infrastructure for users, and they cannot censor or block users from using their protocol.Ethereum As A PlatformDeFi’s base layer is the Ethereum blockchain network. Ethereum provides an operating system layer that supports DApps (Decentralized Applications) are used in DeFi. It began early on with decentralized exchanges (DEX), and now it also provides a platform for AMM (Automated Market Makers). Ethereum, for the most part, is the blockchain where transaction data is immutably stored as proof or verification.Use of the Ethereum blockchain as a platform for DApps requires the use of Ethereum’s native token Ether (ETH). A smaller denomination of Ether called Gwei (0.000000001 ETH) is used to pay for units of computation on the network called gas. The gas costs are part of the fees paid in order to process transactions that are validated by nodes called miners (or stakers in ETH2). Most DeFi tokens run…

It’s one thing when your worst fears remain in your mind, but when they manifest in your markets, then it’s time to gear up for action. A growing number of high profile investors and institutions are cottoning on to cryptocurrencies and central bankers are running concerned.It was easy for Samantha Reid to ignore the signs at first — a tracking cookie on her computer (who didn’t have those?) and the sense that someone was following her after she knocked off work.But she dismissed those fears, convinced that they were always bigger in her mind than they were in her reality.It wasn’t until whoever was stalking her started leaving more overt signs that she began to grow slightly more concerned.And when whoever it was that had taken an unhealthy interest in her had started leaving notes outside her apartment, she seriously started to freak out.She made a police report, but short of any concrete evidence or a threat of violence, the police department wasn’t willing to do anything.So Samantha did the next logical thing and got a dog in the hopes that it would discourage the stalker.Every night, Reid would have her dog sleep under her bed and she would stretch her hand below the bed where it would comfort her by licking her hand.Then one night, as she was tossing and turning in her sleep, a persistent dripping from her bathroom kept her up.Too tired and too frightened to inspect the sound of what was likely just a leak, she stuck her hand below her bed, where sure enough, the reassuring lick of her dog comforted her.But as the night wore on, the sound of dripping became impossible to ignore.Steeling herself, Reid slipped into her bedroom slippers and made her way to find out what was leaking in her bathroom.As…

Ripple takes back the fifth place in the CMC100-Charts from Polkadot and is closing in on Cardano, which still sits on fourth position after taking it in the last week. The biggest gainer was The Graph.BTC/USD: +22.4%ETH/USD: +9.3%XRP/USD: +35.6%Tether Market Cap: +7.8%The BTC dominance decreased by 2.4 percentage points to 60.9%. The total market cap increased by 8.7% to 1.466 trillion USD and is distributed as:11 assets over 10 billion USD (+1)16 assets over 5 billion USD (+-0)41 assets over 2 billion USD (+10)59 assets over 1 billion USD (+5)88 assets over 500 million USD(+13)133 assets over 200 million USD(+15)186 assets over 100 million USD (+25)#5: Ripple (↑1, +25.3%)#6: Polkadot (↓1, +17.5%)#9: Chainlink (↑1, +31.2%)#10: Bitcoin Cash (↑1, +46.7%)#11: Stellar (↑1, +29.4%)#12: Dogecoin (↓3, -28.4%)#14: Uniswap (↑2, +7.4%)#16: Aave (↓2, -5.0%)#17: EOS (↑1, +34.4%)#18: Bitcoin SV (↓1, +14.0%)#19: Cosmos (↑1, +44.8%)#20: Monero (↑2, +35.0%)#21: TRON (↓2, +22.1%)#22: Tezos (↑4, +42.5%)#25: VeChain (↑8, +64.7%)#26: IOTA (↑6, +60.6%)#27: Neo (↑7, +55.9%)#30: The Graph (↑18, +128.0%)#31: Dash (↑15, +102.3%)#32: Terra (↓7, -1.5%)#33: Maker (↓6, -2.8%)#35: Filecoin (↑7, +56.6%)#36: Algorand (↑7, +62.4%)#37: Elrond (↓16, -22.7%)#38: Solana (↓8, +2.8%)#39: Compound (↓8, +4.1%)#41: Dai (↓6, +9.3%)#42: Crypto.com Coin (↓4, +21.0%)#43: FTX Token (↓4, +19.5%)#44: Ethereum Classic (↑10, +66.9%)#45: Zcash (↑7, +52.7%)#46: Binance USD (↓5, +12.4%)#48: UMA (↓8, -5.7%)#50: Zilliqa (↑8, +49.3%)#52: UNUS SED LEO (↓8, -0.6%)#53: Celsius (↓8, -1.7%)#57: BitTorrent (↓10, -14.8%)#59: DigiByte (↑5, +38.9%)#62: ICON (↑15, +93.3%)#64: Ontology (↑6, +44.1%)#66: Loopring (↓6, +12.3%)#68: Nano (↑6, +63.8%)#72: SwissBorg (↓9, +1.4%)#76: THORChain (↓11, -7.4%)#78: Curve DAO (↓10, -3.1%)#79: Ravencoin (↑20, +111.7%)#83: Polygon (↑10, +57.2%)#85: IOST (↑10, +58.9%)#87: Bitcoin Gold (>100, +114.9%)#88: HedgeTrade (↓15, -5.8%)#90: Quant (↓14, -3.5%)#101: Kyber Network (↓13, +11.3%)#108: Ampleforth (↓24, -20.2%)#111: Alpha Finance Labs (↓25, -24.1%)Data as of February 15th 2021, 11:40 UTC.

On February 8, Tesla announced it had invested $1.5 billion in Bitcoin, thereby converting part of its cash on the company balance into cryptocurrency. Moreover, the electric vehicle company highlighted it would start accepting Bitcoin as payment for its cars.The crypto market reacted immediately to the positive news. The price of Bitcoin surpassed its previous local high of $42,000 and reached levels close to $50,000 later through the week.Interestingly, this past week, Tesla was not the only big player joining the cryptocurrency world. On February 11, the Bank of New York Mellon, one of the oldest banks in the United States, announced the creation of a digital assets unit that will integrate cryptocurrency:Source: TwitterOn February 13, Bloomberg published a post stating that Morgan Stanley, another significant player from the banking world, is going to pour $150 billion in cryptocurrency:Source: TwitterWith such kinds of news one thing is becoming clearer — the market is entering the phase of the institutional investors, a phase in which big companies, hedge funds, banks will start buying and accumulating cryptocurrency. Therefore, it seems that the crypto market is just at the very beginning of a new bull lifecycle.After the extremely bullish week, the Monday market starts with a small correction. At the time of writing, according to Coin360.com, one Bitcoin costs €39,579.83 (-1.86%), one Ethereum — €1,471.68 (-2.86%), and one LINK — €27.52 (-1.84%):Source: Coin360.com (Daily crypto market performance)Now let us have a look at the price charts of the leading cryptocurrencies against the euro.BTC/EURIn the 4-hour chart, BTC/EUR continues to increase after exiting the Descending Triangle:We consider three potential scenarios for the near future of the price chart of Bitcoin. In a bullish scenario, BTC/EUR reaches the level of approximately €44,200. This level is calculated by adding the triangle’s height to the level of…