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Bitcoin, Ethereum and Altcoins Correcting Gains
2.9.2020
Bitcoin price extended its upward move above the USD 11,800 resistance. BTC even climbed above USD 12,000 before starting a downside correction. It is currently (08:30 UTC) trading above USD 11,650, but the main support is near the USD 11,550 level.
Similarly, most major altcoins are correcting...
Ethereum Gas Fee Prices Rising Again: When Will it End?
1.9.2020
The sky appears to be the limit for ethereum (ETH) gas fees as the average price of transactions returned to just short of the USD 5 mark for the first time since a bug apparently derailed the decentralized finance (DeFi) Yam project – and total gas fees reached a whopping USD 7.1 million on August...
Bitcoin and Altcoins Start Fresh Increase Led By Ethereum’s 10% Rally
1.9.2020
Bitcoin price remained well supported above the USD 11,500 and USD 11,550 support levels. As a result, BTC started a fresh increase above USD 11,700, fueled by Ethereum’s 10% rally. It is currently (08:30 UTC) trading above USD 11,800 and it seems like the bulls could make an attempt to clear...
Anticipated Ethereum Proposal 'Big Maybe' Out Within a Year
26.8.2020
The highly anticipated Ethereum (ETH) improvement proposal (EIP) 1559, which includes things like an automatic token burn mechanism for each transaction and an improved fee market, may be rolled out in the next 6-12 months, according to Anthony Sassano, SetProtocol product marketing manager...
Ethereum 2.0 Testnet Medalla Running 'Reliably' at 76% Participation
26.8.2020
Medalla, the final Ethereum (ETH) 2.0 testnet before Phase 0 (the Beacon Chain) of ETH 2.0, has been running "reliably" for at least two days now, as Ethereum co-founder Vitalik Buterin said, and is currently well above the minimum number of validators that are required to be actively...
Despite 30% Drop, Ethereum Transaction Fees Remain Sky-High
24.8.2020
Despite a drop of nearly 30% in the past three days, transaction fees on the Ethereum (ETH) network remain at the highest level they have been since July 2018.
According to fresh data from Bitinfocharts, the average fee paid to make transactions on Ethereum now stands at USD 3.24, based on a 7-day...
Miners, Investors Clash Over ETH Proposal; Bug 'Best Thing' for Testnet
21.8.2020
A new proposal to reduce the inflation rate on the Ethereum (ETH) network is facing criticism from the mining community, as some miners suggest token investors may be more interested in making money on their holdings than the security of the network. Meanwhile, a bug that infected the Medalla...
Ethereum Hits 2-Year High, ETH Fees at All-Time High, Bitcoin Dominance Slips
14.8.2020
Ethereum (ETH), the 2nd largest cryptoasset by market capitalization, rallied in the last hours of Thursday, reaching a level last seen in August 2018, while transaction fees reached a new all-time high.
At pixel time (03:53 UTC), ETH trades at USD 421 and is up by 7% in a day and 6% in a week...
How Realistic Is Russia’s Bitcoin, Ethereum, Monero Monitoring Plan?
12.8.2020
Source: Adobe/Studio_East
Russian experts have been debating the feasibility of a new crypto monitoring platform that could allow Moscow to partially de-anonymize bitcoin (BTC), ethereum (ETH) and even privacy tokens like monero (XMR).
As reported yesterday, a local media outlet said it has seen...
The Sky’s the Limit for Ethereum Fees, Leaving ETH Miners ‘Laughing’
11.8.2020
This year, it seems that for ethereum (ETH), the only way is up, as prices continue to climb. But as the token continues to display signs of rude health and the DeFi sector is booming, transaction fees are also skyrocketing – with the price of moving tokens around on the Ethereum blockchain...
Ethereum 2.0 Multi-Client Testnet Medalla Up 30% in Active Validators
11.8.2020
The first week of the Ethereum (ETH) 2.0 multi-client testnet Medalla saw a 30% rise in active validators and staked ETH.
Per beaconch.in, 26,319 active validators (15:43 UTC) have joined the network, staking some ETH 843,208 (USD 325m).
Medalla, the final multi-client testnet before Phase 0 (the...
Ethereum's Supplygate Has Nuanced Answers & Hard Questions On Money
11.8.2020
Following another heated Bitcoin (BTC) vs. Ethereum (ETH) debate, it looks like there is still no consensus on the exact supply of the world's second-most valuable cryptoasset, ETH - or if it even matters. However, there is an approximation.
It's a tale as old as ether-time: a story of a coin...
Tourist Hotspot’s Bitcoin, Ether, Altcoin Pay Pilot in Full Swing
7.8.2020
Haeundae beach. The company behind a crypto pay pilot program at two of South Korea’s busiest beaches said that it believes token-powered payments could be set to change the way people in the country pay for goods and services.
As previously reported, the pilot project is being run by...
Ethereum Trading Volume Almost Doubles As Interest Grows Even More
6.8.2020
Following a sharp rise in both the price and trading volumes of ethereum (ETH), data from Twitter and Google shows that user interest in this major network has increased even more.
Over the past month, trading volume in ETH has almost doubled. Comparing the average trading volume in the last 7 days...
The Salty Battle of Two Bs - Bitcoin's Adam Turns Back on Ethereum's Vitalik
6.8.2020
Fans of the two top projects by market capitalization - Bitcoin (BTC) and Ethereum (ETH) - are well-known rivals, occasionally turning enemies, but continuing the same fight over the two's differences for what might be too long at this point.
The latest round of arguments and accusations begun...
Ethereum 2.0 Phase 0 Medalla Testnet Goes Live
4.8.2020
What is being called the final multi-client testnet before Phase 0, or the Beacon Chain, of Ethereum (ETH) 2.0 has been launched. The team behind it calls it a success but doesn't seem to be completely satisfied with its start.
The testnet, Medalla, is running nominally, with a few expected missed...
'Coca-Cola Bottling Harbor' To Use Baseline Protocol & Ethereum Mainnet
4.8.2020
CONA (Coke One North America), builder of apps on blockchain Provide and enterprise blockchain solutions developer Unibright have launched a project which uses the Baseline Protocol and the Ethereum (ETH) mainnet. It's meant to establish a "Coca-Cola Bottling Harbor" which...
Here is the Best Time of Day to Save on Ethereum Gas Prices
3.8.2020
The Ethereum (ETH) blockchain doesn't sleep, but people do - and this means that the time of day can be used to one's advantage to pay lower transaction fees.
"In order to save on gas prices, the best time is to submit our transaction is the early weekend morning Singapore time and the worst...
Coin Race: Top Winners/Losers of July; Ethereum Up the Most, Bitcoin Least
3.8.2020
The crypto market seems to have acquired a habit of surprising us near the end of a month - albeit not always positively. July, however, ended up very much positively.
July has seen a mini crypto revival, one may say. After weeks of unusual lack of movement, or better said - volatility, which...
Coinbase Blames Performance Issues on Ethereum Fee Spike
3.8.2020
After the massive ethereum (ETH) rally and subsequent dump on Sunday that forced Coinbase to once again suffer from “degraded performance,” the exchange now said that it was “a spike in transaction fees” on the Ethereum network that caused delays for users attempting to move funds.
Today, the major...