Ethereum

Elon Musk is Neutral on Bitcoin, Despite Thinking It’s a “Clever” Idea

Elon Musk has long been a major figure within the technology world who has expressed mixed feeling on Bitcoin and cryptocurrencies, previously calling them “brilliant” while recently explaining that he is “neither here nor there” on BTC. The SpaceX and Tesla CEO recently spoke about Bitcoin during his appearance on an episode of the “Third...
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Ethereum may mirror past trend on its way to $200-335 range

It is a great time to speculate prices in the digital asset industry with the apparent presence of bulls in the market. January 2020 catalyzed the dormant markets, and the curiosity of various analysts was piqued, on whether the current momentum would persevere over the next few weeks. Ethereum’s valuation surged past $160 mark on...
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ErisX partners with Etale to enhance trading experience for institutional investors

The Chicago-based crypto derivatives platform, ErisX has partnered with Etale’s institutional trading platform. This partnership aims to enhance the trading experience for institutional investors. According to the official release, this would enable users of the Wall Street-backed cryptocurrency exchange operator to view real-time market data, manage account balances as well order execution via a secure...
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Digital Asset Manager Grayscale to Fund Future Development of Ethereum Classic (ETC)

While the industry is still abuzz over Bitcoin’s surge toward new yearly highs during last week’s rally, the world has also caught wind of some exciting news about the world’s 15th largest cryptocurrency based on market cap: Ethereum Classic. As of today, January 22nd, 2020, Grayscale’s Ethereum Classic Trust has announced its financial commitment to...
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Here’s Why Bitcoin Short Positions Could Be in Dangerous Territory

Bitcoin and the aggregated crypto markets have been caught within a firm bout of sideways trading since this past Saturday, with this lack of decisive momentum making it incredibly unclear as to where the markets will head next. In spite of this, Bitcoin has been able to hold above multiple key levels, leading some analysts...
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This Technical Signal Suggests Bitcoin is Bound for a Massive Short-Term Movement

Bitcoin has found itself caught within a firm consolidation phase over the past several days, which has come about following the cryptocurrency’s recent rejection at $9,200. Following the downwards movement that resulted from this rejection, BTC has found some stability around $8,600. In the near-term it is important to note that Bitcoin has found some...
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Bitcoin Options on CME report 610 BTC trading in one day

Bitcoin‘s journey this new year has left everyone on the edge of their seats. The coin has jumped by almost 17% but was noting an impending correction, at press time. Despite the crests and troughs in the market, CME‘s first week reported strong data. It has been just one week since the Chicago Mercantile Exchange...
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Cardano’s Hoskinson claims model for smart contracts is broken

In a recent interview, CEO of IOHK and Cardano founder, Charles Hoskinson, spoke about proof-of-stake systems, Ethereum smart contracts, and IOHK‘s goals for 2020. According to Hoskinson, there is a large group of people in the cryptocurrency space who either believe PoS is a Ponzi scheme or that Cardano’s particular flavor of it is flawed....
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Ethereum (ETH) On the Verge of a Massive Upswing as Altcoins Begin Rallying

After incurring a slight pullback over the past couple of days, Ethereum and the aggregated cryptocurrency markets appear to be primed for an extension of their recent uptrend. This overt strength is coming about as Bitcoin is beginning to show signs of recovering from its recent lows and may point to the possibility that the...
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Ethereum not very interoperable with legacy systems: Cardano’s Hoskinson

“The point of all these cryptocurrencies and blockchains is ultimately the management of assets, information, trust, and data,” said Charles Hoskinson, CEO of IOHK and Founder of Cardano, in a recent interview. During the same, Hoskinson spoke at length about Bitcoin, blockchain security, Ethereum, and about creating a global social operating system. According to Hoskinson,...
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UK’s Tax Authority To Leverage Blockchain To Track Bitcoin Transactions

UK’s Revenue and Customs agency is ready to invest up to $130,000 towards the development and implementation of a new “cryptoanalysis” tool.  According to a recent report, the United Kingdom’s tax authority, HM Revenue and Customs (HMRC) is looking for, “vendors to showcase their capabilities by demonstrating their expertise in the field of crypto-asset tracing.”...
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Ethereum’s DeFi space marks another milestone as TVL registers new ATH

Ethereum, the world’s leading smart contracts platform, is well-noted for being the main hub of decentralized finance. The DeFi space that gained massive momentum in the crypto-verse last year continues to record new milestones with each passing day. Notably, the DeFi market has also witnessed a surge, alongside the entire crypto-market. According to DeFi Pulse,...
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Gold Bug Claims Bitcoin Has No Market Value Because He Forgot His Wallet’s Password

Prominent gold bug Peter Schiff hasn’t been one to hide his opinions on Bitcoin and digital assets in general, frequently railing against them in tweets to his nearly 200k followers. Today, however, his critiques of Bitcoin took a more personal turn when he slammed the cryptocurrency for not having any market value after he was...
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Ethereum locked in DeFi hits an all-time-high with TVL amounting to $813.7 million

Decentralized Finance [DeFi] protocols have been gaining popularity with the returns they have been churning out for the users who have locked in Ethereum [ETH] on the platform. This growth of the protocol can be visible in the total amount of ether locked in the applications, which has noticeably tripled in a period of one...
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Bitcoin outperforms Ethereum, litecoin with a higher address profitability

Bitcoin has managed to consolidate higher in the charts after a few consistent surges; other major assets have followed BTC’s path in improving their respective valuations. Despite rising market caps, the address profitability for certain major cryptos has not mirrored their current market performance. Data from intotheblock.com indicated that a majority of the addresses holding...
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New on Binance: FTX 3x Long and Short Tokens of Bitcoin & Ethereum

Binance will list a new set of FTX leveraged tokens that will allow users to open 3x long or short positions for Bitcoin and Ethereum. This comes less than a month after the Maltese-based exchange made a strategic partnership with the derivatives exchange, FTX. Binance Lists New Type Of Leveraged Tokens The leading cryptocurrency exchange...
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Ethereum could rise to $183 before next month

After touching $115 on December 18, ETH grew by nearly 50% in the month that followed. While 2019 was not too favorable for Ethereum, 2020 might push it to greener pastures. Valued at $161 at the time of writing, ETH has a market capitalization of nearly $17.7 billion, with almost $14.6 billion worth of ETH...
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Cryptopia case rescheduled at Christchurch High Court

Cryptopia, Christchurch-based cryptocurrency exchange, recently announced that its directions hearing has been rescheduled to Feb. 11-14 at Christchurch High Court. The hearing was earlier scheduled with a New Zealand court for February 3, 2020. The exchange’s tweet on Jan 17 read, The #Cryptopia directions hearing has been rescheduled to 11-14 Feb @ Christchurch High Court....
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Bitcoin is Holding Above a Key Support Level as Bulls Guard from Further Losses

After an extended period of trading sideways around $8,800, Bitcoins bears have been able to push the cryptocurrency lower and put it at risk of breaking below multiple key support regions that have been bolstering its price. Analysts are now widely noting that BTC is currently sitting at a key short-term support level that bulls...
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$3.2 Million ETH Stolen From UPbit Is Already Laundered: Report Claims

In November last year, the South Korean cryptocurrency exchange, UPbit, was hacked. The perpetrators took approximately $50 million worth of Ethereum. A new report shows that $3.2 of the stolen funds is already laundered using small transactions towards numerous other exchanges. $3.2 M Of ETH Laundered During November in 2019, Cryptopotato reported that the popular...
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Binance enables conversions of selected stablecoins to BUSD

Malta-based cryptocurrency exchange Binance launched a function that allows users to instantly convert other stablecoins into BUSD, on January 16, 2020.  The announcement stated, “The ratio to convert PAX, USDC, and TUSD into BUSD will be set at 1:1 with zero fees. The ratio to convert USDT into BUSD will vary based on the current...
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Ethereum Forms a Bearish Rejection Just Below a Key Resistance Level

Ethereum has seen some sizeable gains over the past several days and weeks, although this uptrend may be short lived due to a top formation that it just posted on its daily chart right below a key resistance level. This comes shortly after the cryptocurrency broke below its macro adoption curve, and the confluence of...
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Ethereum’s annual issuance hikes to 4.51% post-Ethereum Ice Age

It has been a good start to the year for Ethereum. After registering minor hikes on 3rd and 6th January, the world’s 2nd largest crypto-asset recorded a significant pump on the 14th, recording a hike of 18.88 percent. The valuation pushed the price of Ethereum from $143 to $170 as major resistances at $150 and...
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Cardano’s Hoskinson claims Hydra protocol is 5 times faster than Ethereum

The Cardano ecosystem has been in full swing development mode after the success of the incentivized testnet. As it approaches the Shelley mainnet launch, the focus has mostly been on network stability and other improvements. In a more recent update, the CEO of IOHK, Charles Hoskinson, revealed that the next-generation protocol on Shelley, dubbed, ‘Hydra,’...
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Ethereum could repeat recent 10% drop to 0.169 BTC soon

Since mid-July 2019, Ethereum has been unable to cross above 0.0227 BTC, priced at around 0.176 BTC at the time of writing. While the short-term looks like more downward for Ethereum, the long-term looks a little more optimistic, and could push ETH back above 0.02 BTC. At the time of writing, ETH was valued at...
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Crypto Investor Declares Alt Season as Litecoin, Ethereum and EOS Come Alive

Popular crypto personality Ran NeuNer declares the beginning of ‘alt season.’ | Image: shutterstock.com A popular host and crypto investor has made a bullish statement on altcoins. Ran NeuNer’s tweet was met with heavy criticism. Nevertheless, it is difficult to deny that large market cap coins are showing signs of strength. It’s not a secret...
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Ethereum 2 phase zero marches onward with release of final spec

While the Ethereum community has promised great developments for this year, the question of when still remains. Ethereum 2.0 developer community is expected to launch Beacon chain, with the first phase – Phase 0 of Serenity – promised to go live in the first quarter of 202o. However, the launch date was, once again, postponed...
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Developers increasingly exploring what blockchain could do for gaming systems

Blockchain in the gaming industry is an experiment that’s been ongoing for some time now. It started with the introduction of ‘Huntercoin’, the first real blockchain and decentralized strategy MMO game, introduced way back in 2014, which was basically an experiment to gauge the decentralized ledger technology’s ability to support the gaming industry. With Huntercoin’s...
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Grayscale Bitcoin Trust drops 0.26%; registers $2,062 million AUM

The leading crypto-asset management firm, Grayscale Investments registered a total of $2.2 billion in Assets Under Management [AUM] on 10th January 2019. Its official tweet read, “01/10/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products. Total AUM: $2.2 billion” According to the investment firm’s latest update,...
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Bitcoin’s transaction fee 426x more than Litecoin in 2019

On the latest episode of the Unconfirmed podcast, host Laura Shin spoke to Nate Maddrey, senior research analyst at CoinMetrics, a Bitcoin and crypto-asset data analytics firm. During their conversation, Maddrey mentioned how 2019 had been a big year for stablecoins overall, and that Tether is still, by far, the most dominant stablecoin in terms...
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