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Ethereum Demurrage and Its Proposal to Secure the Network

Ethereum has emerged as one of the most popular and widely-used blockchain networks in recent years. However, as Ethereum has grown, various challenges have arisen related to network security and scalability. One interesting proposal that has been made to help address these issues is the idea of implementing demurrage on

By Albert Morgan Sep 3, 2023

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Cost-Benefit Analysis of Ethereum Mining Hardware like GPUs and ASICs

Cryptocurrency mining has become an attractive prospect for many tech enthusiasts looking to earn passive income. The two most popular hardware options for mining Ethereum and other coins are graphics processing units (GPUs) and application-specific integrated circuits (ASICs). While both offer potential profits, they also require significant upfront investments and

By Albert Morgan Sep 3, 2023

News

Transitioning from Proof-of-Work to Proof-of-Stake Consensus in Ethereum

The Ethereum network is undergoing a major transition in its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). This shift from PoW to PoS has been years in the making, and it represents a monumental change to how the Ethereum blockchain achieves distributed consensus and processes transactions. What is Proof-of-Work

By Albert Morgan Sep 3, 2023

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NEAR Protocol's 0.22% Price Increase to $1.13: Key Insights for September 3, 2023

NEAR Protocol's token NEAR saw a slight 0.22% price increase over the past 24 hours to $1.13, according to the latest market data. With a market capitalization of $1.06 billion, NEAR Protocol ranks as one of the top 30 cryptocurrencies by market cap. Let'

By Albert Morgan Sep 3, 2023

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Optimism's 0.60% Price Increase to $1.33: Key Insights for September 3, 2023

Optimism's OP token saw a 0.60% price increase over the last 24 hours to $1.33 according to the latest market data. With a market capitalization of $1.06 billion, Optimism is a leading layer 2 scaling solution for Ethereum. Let's take a closer look

By Albert Morgan Sep 3, 2023

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Maker's 0.17% Price Dip to $1,128.82: Key Insights for September 3, 2023

The price of Maker's MKR token has seen a slight 0.17% decline over the past hour, dropping to $1,128.82. However, looking at the bigger picture, MKR remains in an overall uptrend across most timeframes. Maker is a leading decentralized finance (DeFi) protocol, allowing users to

By Albert Morgan Sep 3, 2023

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VeChain's 1.30% Price Decline to $0.01544: Key Takeaways for September 3, 2023

VeChain's VET token has seen a 1.30% price decline over the past 24 hours, with the price decreasing from $0.01563 to $0.01544. Though a minor daily decline, this continues a downward price trend for VET over the past month and half year. VET currently ranks

By Albert Morgan Sep 3, 2023

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Quant's 0.42% Dip to $99.10: Key Insights for Traders on September 3, 2023

The price of Quant (QNT) has seen a slight 0.42% decline over the past 24 hours, dropping to $99.10. Though a minor downturn, this dip provides an opportunity to analyze key metrics and uncover insights into Quant's price action. In terms of market capitalization, Quant is

By Albert Morgan Sep 3, 2023

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Aptos' 3.89% Weekly Drop to $5.50: Key Insights for Traders

The price of Aptos' APT token has fallen 3.89% over the past 7 days to $5.50 as of September 3, 2023. This drop comes amidst a period of broader weakness in cryptocurrency markets, with Bitcoin down 4% and Ethereum down 6% over the same timeframe. However, Aptos

By Albert Morgan Sep 3, 2023

News

Cronos CRO's 0.41% Price Increase to $0.05047: Key Insights for September 3, 2023

The price of Cronos CRO has seen a slight 0.41% increase over the past 24 hours to $0.05047. Though a small gain, this reversal could mark a shift in momentum after CRO's steep declines over the past month and half-year. CRO currently has a market capitalization

By Albert Morgan Sep 3, 2023

News

Lido DAO Token's 0.44% Price Dip to $1.53: Key Insights for September 3, 2023

The price of Lido DAO Token (LDO) has seen a slight 0.44% decrease over the past 24 hours, dropping from $1.54 down to $1.53. With a market capitalization of $1.36 billion, LDO remains one of the top decentralized finance (DeFi) tokens. In this report, we'

By Albert Morgan Sep 3, 2023

News

Filecoin's 0.38% Price Drop to $3.17: Key Insights for September 3, 2023

Filecoin's FIL token saw a slight 0.38% price decline over the past hour, with the price dropping to $3.17. This continues Filecoin's downward trajectory over the past month, with FIL declining 24.76% over the last 30 days. However, a look at the broader

By Albert Morgan Sep 3, 2023

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Internet Computer's 0.07% Price Bump to $3.24: Key Insights for September 3, 2023

Internet Computer's ICP token saw a slight 0.07% price increase over the past 24 hours to $3.24. While not a major move, this bump comes after a steep 8.65% decline over the past week. Looking at the wider view, ICP remains down 20.41% over

By Albert Morgan Sep 3, 2023

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Hedera HBAR's 1.38% Price Plunge to $0.04910: Key Insights for September 3, 2023

Hedera HBAR, the native cryptocurrency of the Hedera public network, has seen its price decline 1.38% over the past hour to $0.04910, according to data analyzed on September 3, 2023. With a market capitalization of $1.64 billion, HBAR currently ranks #36 among cryptocurrencies. Over the past 24

By Albert Morgan Sep 3, 2023

News

Cryptonex Price Jumps 0.18% to $19.14: Key Insights for Traders on September 3, 2023

Cryptonex (CNX) saw its price increase by a modest 0.18% over the last 24 hours to $19.14. With a market capitalization of $2.06 billion, CNX remains a mid-cap cryptocurrency according to CoinMarketCap rankings. Trading volume over the past day amounted to $608,410, which is considered average

By Albert Morgan Sep 3, 2023

News

Ethereum Classic's 0.52% Price Increase to $15.45: Key Insights for September 3, 2023

Ethereum Classic's price has seen a slight 0.52% increase over the past 24 hours to $15.45, according to the latest market data. With a market capitalization of $2.20 billion, Ethereum Classic maintains its position as one of the top cryptocurrencies by market cap. Let'

By Albert Morgan Sep 3, 2023
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