Ethereum’s hash rate is up 27% this year as network utility rocketsBTC $9722 (-0.7%) • ETH $242 (+0.4%) • XRP $0.20 (-0.3%)
Ethereum has seen booming network utility throughout 2020. The blockchain has seen heightened stablecoin issuance and a growing influx of finds into various ETH-based DeFi initiatives. The utility growth Ethereum has seen over the past five months has led ETH to see booming demand, as more investors begin recognizing its growing potential. This has also coincided with a massive rise in the cryptocurrency’s hash rate – which has climbed by just under 27 percent since the start of the year.
More news ⏬There’s a reason why XRP still has a $9b market cap despite it being “overvalued”
There’s no doubt the XRP cryptocurrency has a dedicated fan base; heck, the cryptocurrency community has fittingly branded supporters of the asset the “XRP Army.” But the altcoin has equally as many skeptics who believe the asset is intrinsically worthless, like how some see Bitcoin as an asset really worth $0. Thanks to our premium sponsors⭐️ Phemex - Phemex is a Singapore-based and fastest cryptocurrency and derivatives exchange. It supports six trading pairs with up to x100 leverage. ⭐️ Bitamp - Bitamp is an open-source, client-side, free Bitcoin wallet that allows you to send and receive Bitcoin securely on the blockchain. ⭐️ Switchere- Switchere is a safe, licensed & non-custodial crypto exchange where you can sell & buy crypto with credit card instantly. ⭐️ Cred - Cred is a global financial services platform serving customers in 183 countries. ⭐️ OKCoin - OKCoin is one of the world’s first and largest regulated crypto exchanges, with millions of users in more than 100 countries around the world. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Building on Bitcoin? Blockstream is connecting investors with Liquid Network fanatics
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In the fourth development update regarding the Shelley testnet, Cardano’s head of delivery Christopher Greenwood said that the team received overwhelmingly good reviews from users. Featured event
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