Ethereum now available on Amazon Managed Blockchain

Tech giant Amazon just announced the general availability of Ethereum on its managed blockchain. According to Amazon Web Services, or AWS, users now have the ability to “provision Ethereum nodes” as well as connect to the blockchain’s mainnet as well as the Ropsten and Rinkeby testnets through the Amazon Managed Blockchain. The program claims to offer secure access to the network with “standard open-source Ethereum APIs” and syncs to the Ethereum blockchain. “Amazon Managed Blockchain monitors node health, replaces unhealthy nodes, and automates Ethereum software upgrades, improving the availability of…

Why Ethereum Close above $1,600 Could Stage A Strong Rally

Ethereum started a steady increase above $1,450 and $1,500 against the US Dollar. ETH price is showing positive signs, but it must settle above $1,600 for upside continuation. Ethereum started a decent recovery above the $1,450 resistance zone. The price is now trading well above $1,500 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $1,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now facing a strong resistance near the $1,600 pivot level.…

Matic, xDAI (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise

The start of a new month has brought renewed fervor from the cryptocurrency market as Bitcoin (BTC) price steadily climbed from a low of $43,537 on Feb. 28 to a high of $49,200 during today’s early trading hours.  As traders get excited about positive moves in the market and look to re-enter positions, the increasing use of DeFi continues to drive fees on the Ethereum (ETH) network higher, shining the spotlight on the top layer-2 (L2) protocols that offer working solutions. Three protocols that have emerged as top L2 contenders…

Ethereum and DeFi are forcing smart contract platforms to evolve

The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has grown leaps and bounds over the last year. Most decentralized finance applications are deployed on the Ethereum blockchain, bringing billions of dollars onto the network and pushing it to its maximum operational threshold. While the capabilities of the underlying network may seem like the only thing holding DeFi back, Ethereum isn’t slacking either. As Ethereum 2.0 gears up…

Ethereum Bears Keep Pushing, Why ETH Could Face Hurdles Near $1,500

Ethereum extended its decline towards the $1,300 zone against the US Dollar. ETH price is now recovering, but it could face a strong resistance near $1,480 and $1,500. Ethereum started a fresh recovery after tagging the $1,300 support zone. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could face a strong resistance near $1,480 and $1,500 in the near term.…

Ethereum Gains Bearish Momentum, Why ETH Could Test $1,280

Ethereum extended its decline below $1,450 against the US Dollar. ETH price is gaining bearish momentum and it could even test the $1,280 support. ETH price remained in a bearish zone below the $1,650 and $1,700 resistance levels against the US Dollar. The price is trading well below $1,500 and the 100 simple moving average (4-hours). There is a major bearish trend line forming with resistance at $1,500 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to continue lower towards the $1,280 support as…

Bitcoin plunges, Ethereum suffers, Musk loses billions

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Increasing stock market volatility drags Bitcoin and altcoin prices lower Bitcoin has had an exceptionally trying week, and it doesn’t bode well for March — a month that’s traditionally bearish for the world’s biggest cryptocurrency. After hitting record highs of $58,300 last Sunday, Bitcoin suffered…

Flare Brings Ethereum Compatibility to Stellar 

Flare Networks has announced that it will integrate Stellar Lumens (XLM) with its smart contract platform, thereby offering compatibility with the Ethereum blockchain. Flare will be integrating $XLM as an F-Asset, bringing XLM to scalable smart contracts and a trustless gateway to #Stellar. Decentralisation is far too important for maximalism. Ecosystems must be united. @stellarorg #UnlockingValue — Flare (@FlareNetworks) February 25, 2021 Flare Will Link XLM and ETH Flare’s decision to integrate Stellar Lumens means that users will be able to create XLM-backed tokens and use those tokens with Ethereum-based…

Gaming Veteran Atari Is Moving to Ethereum Layer 2

Key Takeaways Atari is partnering with Polygon to build on Ethereum’s Layer 2. The company hopes to be able to mint NFTs and scale ATRI by leveraging Polygon’s high speed and low fees. Atari has taken a deep dive into the Ethereum world in recent months, launching its own ERC-20 token and running a virtual world in Decentraland. Share this article Layer 2 has a new arrival: Atari.  Atari Eyes Layer 2 The video game developer is teaming up with Polygon, a scaling solution that recently rebranded from Matic Network. …