Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says
The bank raised its price target for the crypto exchange to $150 from $95.
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Ethereum
The bank raised its price target for the crypto exchange to $150 from $95.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 14-March 20.
With the dual tailwind of bitcoin ETF flows and the upcoming halving, is bitcoin the best bet? Not so fast. Ethereum, the next biggest crypto asset by market cap, has a case of its own to make.
Some developers think that shifting the Ethereum ecosystem further towards layer 2 networks could risk setting it down the wrong path.
A key element of the upgrade is to enable a new place for storing data on the blockchain – referred to as “proto-danksharding,” which gives room for a dedicated space that is separate from regular transactions, and at a lower cost.
(Markus Spiske/Unsplash, modified by CoinDesk)
Ethereum network fees surged to nearly two-year highs, largely driven by the speculative frenzy with meme tokens such as PEPE, SHIB and FLOKI.
The Ethereum blockchain has nearly one million validators today. The combination of protocol rewards and priority transaction fees against a stable monetary supply backdrop results in a compelling [real] yield for investors.
Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming.
The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said.