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Bitcoin price nears $36K as altcoins make 10% gains
29.6.2021
Double-figure returns not uncommon for altcoins on Tuesday, with Bitcoin facing major resistance on its way towards $40,000
Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade
22.6.2021
According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401...
Will Ethereum 2.0 Make It Large?
17.6.2021
Being viewed as an alternative to the largest cryptocurrency, Bitcoin and Ethereum hold many potentials in the future. Maybe this is why ETH is up by more than 200% while BTC has still not been able to hit a century. The larger discussion and buzz is around the upgrade of Ethereum 2.0. ETH 2.0 will...
Ethereum 2.0 Delayed Until 2022 Due To Team Conflicts
9.6.2021
Ethereum 2.0 seeks to enhance the safety and scalability of the Ethereum platform. Launched in 2015 in tandem with cryptocurrency ETH, Ethereum is today the second largest after Bitcoin and can undertake thousands of transactions per second. Ethereum 2.0 is poised to spearhead the DeFi revolution....
Ethereum Price Analysis: Can ETH Surpass $2900 Mark?
7.6.2021
Ethereum’s gas fee turning the lowest on June 06 has created a huge rallying environment for ETH. Norton, the world-leaning anti-virus software, has been making rounds at countering crypto mining issues. Norton announced plans to launch Ethereum mining software. The idea behind this announcement...
Vitalik Buterin Says People Difficulties Not Technical Difficulties Slowed the Ethereum 2.0 Rollout
3.6.2021
The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s Startmeup HK 2021 Festival that the transition was taking too long...
More Than 5 Million in Ethereum Worth $13 Billion Rests in the Eth2 Staking Contract
1.6.2021
Statistics now show the Eth2 deposit contract has more than 5.2 million staked ether worth over $13 billion locked into the smart contract. The contract launched on November 4, 2020, and three weeks later, the contract met the required threshold to initiate the Beacon Chain. It’s not cheap...
Druckenmiller: Ethereum is 'MySpace before Facebook' while Bitcoin won as 'Google'
31.5.2021
Those with skin in the game are reiterating that comparing Bitcoin to Ethereum is a pointless and potentially costly exercise
Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin
29.5.2021
On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy. Bianco said since 2017 he’s owned a basket of crypto assets like ethereum, but he doesn’t hold bitcoin....
Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX
28.5.2021
The financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U.S. Securities and Exchange Commission (SEC) says the fund’s “investment...
$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned
27.5.2021
According to data from Skew Analytics, more than 55,000 bitcoin options contracts worth $2.2 billion will expire on Friday. Statistics further show, as far as options are concerned, Deribit captures the lion’s share of contracts with 48,469 bitcoin options contracts ($1.95 billion notional)...
Ethereum Stages Recovery After Drastic Freefall
27.5.2021
During the week ended May 6, Ethereum rallied 34.5%. Trading at $2,976 with a 1.8% profit in the daily chart, the cryptocurrency was poised to break the $3,000 mark. At these levels, there are major walls of resistance and expert trader by the pseudonym Edward Morra said the following week would...
Ethereum Classic (ETC): Can It Compete With Ethereum (ETH)
27.5.2021
Ethereum Classic is the original sect that follows the same regulations and protocols as established in 2015. While Ethereum has made substantial gains, the ETC has been a lackluster growth in dollar gains compared to its split currency Ethereum. ETC maintains the original history of the Ethereum...
Ethereum Price Analysis: Will Eth Recover to $2500 Soon?
24.5.2021
Ethereum (ETH) was developed in 2014 in Switzerland and is rumored to have been more advanced since it uses Blockchain 2.0 technology. The possibilities portrayed by Ethereum far outweigh Bitcoin, and users can even use Solidity to create their personalized crypto applications using smart contracts...
Crypto Markets Lose Billions, Weak Hands Capitulate, Stablecoin Market Surpasses $100 Billion
23.5.2021
Digital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (EST) yesterday evening but after that point...
Plunge in Bitcoin & Effect on Cryptocurrency
20.5.2021
Recent crypto crash It will be worth noting that the falling of cryptocurrency reinstates the fact that these are volatile assets. The current melting of the cryptocurrency is not attributed to any single isolated event. It is the cumulative outcome of uncertainty and confusion on the part...
Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High
20.5.2021
While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total...
Chinese Internet Cafe Owners Deal With the Pandemic Crisis by Using Their Facilities to Mine Cryptocurrencies
20.5.2021
The Coronavirus pandemic has driven people to take advantage of new business lines to deal with the economic crisis, and cryptocurrency is once again a headliner. Internet cafe owners in China are using their facilities to set up crypto mining farms after temporarily shutting down in 2020. Owners...
Survey: Crypto Traders Predict Ethereum’s ROI to ‘Crush’ Bitcoin’s 2021 Year-End Return
19.5.2021
Bitcoin and a slew of digital assets have seen massive drops in value during the last few days, while the top two leading crypto assets bitcoin and ethereum have been battling for market supremacy. This week, bitcoin’s towering dominance over the crypto economy has dropped to a three-year...
Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week
19.5.2021
On Wednesday, cryptocurrency markets continue to drop lower in value, as the entire crypto-economy has plunged 17% below the $2 trillion mark and now rests at $1.801 trillion. Bitcoin, the leading cryptocurrency in terms of market capitalization, touched a high of $40,770 per unit at 4:48 a.m....