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Bitcoin, Ethereum and Altcoins Trim Gains
25.8.2021
Bitcoin price failed to stay above the USD 48,000 support and extended its decline. BTC tested the USD 47,600 region and stayed above the USD 47,500 support. It is currently (04:00 UTC) consolidating near USD 48,000, with a major resistance near USD 48,800.
Similarly, most major altcoins extended...
Bitcoin and Ethereum Consolidate, LUNA and BNB Gain Momentum
24.8.2021
Bitcoin price extended its increase to USD 50,500, but then it faced hurdles. As a result, BTC started a downside correction below USD 50,000. It is currently (04:00 UTC) consolidating gains above USD 49,000 and there could be a downside extension to USD 48,200 in the near term.
Similarly, most...
Bitcoin, Ethereum Struggle To Hold Key Supports, Altcoins Slide Lower
18.8.2021
Bitcoin price failed to stay in a positive territory above the USD 45,500 support. BTC is slowly inching lower and it is currently (11:45 UTC) struggling to stay above USD 45,000. If it extends its decline below USD 45,000 and USD 44,500, there could be a sharp decline towards...
Ethereum Fees Highest Since May as NFT Craze Continues
18.8.2021
The fees required to make transactions over the Ethereum (ETH) network have surged to levels not seen since the crypto markets peaked in May this year, as a new wave of non-fungible token (NFT) trading congests the network.
As of Tuesday this week, the average Ethereum transaction fee was at...
Chilean Opposition Leader Owns Ethereum – But Is a Crypto-skeptic
16.8.2021
A Chilean opposition party leader has called for crypto to be officially recognized as an asset class and claimed he has ethereum (ETH) holdings – although he also calls himself a crypto “skeptic.”
Per a report from DF Mas, Giorgio Jackson, the founder of the Democratic Revolution political party...
Polygon Hermez to Scale Ethereum, FTX Supports Bitcoin Devs + More News
13.8.2021
Source: Adobe/H_Ko
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Blockchain news
Polygon (MATIC), an Ethereum (ETH) layer 2 scaling solution, and Hermez Network (HEZ), an open-source...
Dorsey Justifies His Pro-Bitcoin Stance, Says He Is ‘Not Trolling’ Ethereum
13.8.2021
Jack Dorsey. Source: a video screenshot, Youtube/Ted
The Twitter supremo and arch-Bitcoin (BTC) bull Jack Dorsey has taken to his own platform to justify his BTC-only stance, stoking the ire of Ethereum (ETH) proponents – and remarking “casually” that Twitter accounts might one day be linked...
New Crypto Unicorn, DAO Hack, Police Seize USD 9.5M in Ethereum + More News
12.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Crypto tax and accounting software maker TaxBit has raised USD 130m in a Series B round led by venture firms IVP and Insight...
Bitcoin and Ethereum Dip, XRP Holds Near USD 1
12.8.2021
Bitcoin price failed to clear the USD 46,500 resistance zone. As a result, there was a bearish reaction below USD 46,000. BTC is currently (12:14 UTC) showing a few bearish signs below USD 45,000, with a decent support at USD 44,500.
Besides, most major altcoins are still trading in a positive...
Bitcoin and Ethereum Target Additional Gains, ADA Extends Rally
11.8.2021
Bitcoin price remained well bid above the USD 45,000 support level. As a result, BTC started a fresh increase above the USD 46,000 level, before correcting lower again. It is currently (12:13 UTC) trading at almost USD 45,900.
Besides, most major altcoins are trading in a positive zone....
Bitcoin and Ethereum Target New Highs, ADA Rallies
10.8.2021
Bitcoin price started consolidating gains after tagging the USD 46,700 zone. BTC is currently (13:17 UTC) trading in a range above the USD 45,000 support level. If the bulls remain active, the price could aim for a fresh high above USD 46,700.
Similarly, most major altcoins might continue higher....
Last-gasp Infra Bill Compromise May not Come Fast Enough to Save US Crypto
9.8.2021
It could be a case of close but no cigar for the United States crypto sector – with two rival groups of senators agonizingly close to a compromise on a chaotic and much-maligned infrastructure bill on the cards, just as time is running out.
The Senate had hoped to vote on the measure on Saturday...
Ethereum Burning Thousands of USD a Minute, While Miners Face the Change
6.8.2021
Following its latest and highly-anticipated network upgrade, Ethereum (ETH) is currently burning some USD 8m worth of ETH per day, and has already burned nearly USD 12m. Meanwhile, there seems to have been plenty of confusion among miners on the first day.
A total of ETH 4,260 have been burned...
Proof-of-stake Coins In Danger as US Infrastructure Bill Chaos Intensifies
6.8.2021
Mayhem appears to have broken loose in the world of American politics, and the crypto community may be caught in the eye of the storm, as now, proof-of-stake (PoS) networks might be left in danger at a time when Ethereum (ETH) is moving towards PoS.
A controversial infrastructure bill being moved...
Ethereum Arrives to London, Price Jumps, Exchanges Pause Deposits/Withdrawals
5.8.2021
The highly-anticipated Ethereum (ETH) London upgrade is here, bringing with it the revamp of the network's monetary system through the Ethereum Improvement Proposal, or EIP, 1559.
The price of the second cryptoasset by market capitalization has been rising in the past week ahead of this upgrade...
One Old Presentation by Buterin Brings an Unresolved Ethereum Issue Again
4.8.2021
Vitalik Buterin, co-founder of Ethereum. Source: a video screenshot, edited by Cryptonews.com
An old speech by Ethereum (ETH) co-founder Vitalik Buterin has resurfaced at a time when the US Securities and Exchange Commission (SEC) chief Gary Gensler is issuing warnings about initial coin offerings...
Ethereum's Hope No. 1559: What It Does and What It Doesn't Do
3.8.2021
There are some things that grab the attention of the Cryptoverse for months on end, whether they deserve to or not. One thing that will bring an important change to Ethereum (ETH), and which has been a topic of discussion since last year, is the highly anticipated Ethereum Improvement Proposal,...
Ethereum Outpaced by BSC & WAX, Zcash Founder Starts a PoS Campaign + More News
3.8.2021
Source: A screenshot, Instagram/binance
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Blockchain news
In July, Binance Smart Chain (BSC), fueled by play-to-earn games, was the most used...
Bitcoin, Ethereum, and Altcoins Looking For Direction
2.8.2021
Bitcoin price extended its decline below the USD 40,000 support. BTC is currently (12:25 UTC) consolidating near USD 40,000 and it might start a fresh increase. A close above USD 40,500 is needed for a steady rise.
Similarly, most major altcoins are also trying to move higher. ETH is back above...
Bitcoin and Ethereum Correct Gains, Dips Remain Attractive
30.7.2021
Bitcoin price failed to settle above the USD 40,000 resistance zone. BTC started a downside correction below the USD 39,200 support. It is currently (12:31 UTC) trading below USD 39,000 and it might revisit USD 38,000.
Besides, most major altcoins are also correcting gains. ETH topped near...