Ethereum Price has been picking up pace since the closure of September. The coin has reversed its trend with the start of October. And is rising on the charts with intermediate consolidations. The digital asset has been under consolidation for the past couple of days. The coin seems to be moving along a parallel chain,...Read More
Ethereum has been distant from the glitter and limelight as it turns heavy on the pocket for many in the space. Meanwhile, miners have buckled up, for the next big move. According to reports, more developers have entered the Ethereum ecosystem this year. Then the previous two years combined. Consecutively, the amount of ETH held...Read More
Ethereum has gained an incredible 126% over the last three weeks. Founder, Vitalik Buterin believes the Proof-of-Stake (PoS) to launch by the year’s end. With the switchover to the PoS network, the platform will be 90% more energy-efficient than it is now. Hence, this ETH price is aiming to hit $20k very soon. Ethereum’s PoS...Read More
The price of Ethereum has risen beyond the $3,500 resistance level. Above the $3,550 level and the 100 hourly simple moving average, ETH was able to gain ground. On the hourly chart of ETH/USD, there was a break over a key negative trend line with resistance near $3,475 throughout the rise. The two even broke...Read More
MetaMask – the rapidly growing and highly popular Ethereum software wallet – plans to bring DeFi to large crypto-related institutions. They have partnered with three crypto custodians to respond to different organizational needs. Namely, those are BitGo, Qredo, and Cactus. MetaMask Brings Defi to Major Crypto Companies ConsenSys – the Ethereum software company that created...Read More
The market leader BTC has sparked a rally above $54K, Ethereum too is pacing above $3500. XRP too is set to accelerate as it hits $1.08. However, ADA continues to face heavy resistance in the $2.3 range. Amidst such market activity, Popular analyst and trader Scott Melker predicts new rallies for Polygon and two other...Read More
Roughly a month after getting exploited for the second time this year, Cream Finance has reported that it has recovered more than $16 million of the funds. CryptoPotato reported on August 31st this year when the decentralized finance protocol Cream Finance suffered another security breach – this time, roughly $25 million in ETH and AMP...Read More
Popular social media giant TikTok has announced that it will be venturing into the non-fungible token (NFT) space by leveraging content from some of its top creators. The short video-sharing platform, which recently crossed 1 billion global users, said its NFT collection, dubbed TikTop Top Moments, will feature content from six “culturally” important videos from...Read More
With the start of October, Ethereum investors have multiple reasons to cheer for. The digital asset has been sailing the high tides for quite some time now. The crackdown, crisis, and delay in upgrades have let down enthusiasts in the space. However, the top-tier altcoin seems to be back on the move. With several institutional...Read More
Rosie Rios – 43rd Treasurer of the United States – recently voiced her support for XRP. Meanwhile, she implies that Bitcoin and Ethereum are merely speculative assets by comparison. Rios Backs Ripple The former treasurer tweeted her thoughts yesterday, stating that XRP has a role in facilitating cross-border payments, while the current top cryptocurrencies lack...Read More
The cryptocurrency market never ceases to amaze. One of the most popular centralized exchanges – Bitfinex – spent over $23 million worth of fees to send $100K USDT using Ethereum’s network. In what seems to be the most expensive transaction made on Ethereum, Bitfinex, the well-known cryptocurrency exchange, paid over $23M worth of ETH. Interestingly...Read More
Robert Kiyosaki – founder of Rich Global LLC and Rich Dad Company – recently told his followers to invest in Ethereum before “the biggest crash in history.” Thus, the author of the best-selling book Rich Dad Poor Dad added ETH to BTC, gold, and silver as his most-preferrable investment instruments. Kiyosaki’s Plea: Invest in Crypto...Read More
According to a survey, approximately every third swing state resident would like to see local authorities legalizing cryptocurrencies as a payment option. While general support towards private digital currencies is on a high level, the locals still need to learn more, the research revealed. Texas and Wisconsin Rank First The London-based polling firm Redfield &...Read More
There are no boring days in crypto, and this week, like a lot of others, has managed to definitively prove it. The past seven days have been an absolute rollercoaster in the cryptocurrency market, so let’s start with Bitcoin. BTC’s price was sitting comfortably at around $47,500 last Friday and started improving slowly throughout the...Read More
The popular decentralized cryptocurrency exchange aggregator, 1inch Network, will be expanding to Arbitrum. In a press release shared with CryptoPotato, the team revealed that the move is aimed at lowering transaction costs and improving throughput and withdrawal speeds. Arbitrum is an Ethereum scaling solution built using Optimistic Rollups, and it allows developers to cross-compile contracts for running...Read More
Following confirmation that AMC would begin accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin for online payment, the company’s CEO has asked the Dogecoin community if AMC should add the meme coin among the cryptocurrency options. Almost 80% Want to Pay for a Movie Ticket With DOGE Adam Aron, CEO of the world’s largest movie theater...Read More
The major Brazilian bank – BTG Pactual – will enable its customers to trade digital assets directly through a new platform called Mynt. The offering will be available from the next quarter and will include the two leading cryptocurrencies – bitcoin and ether. The New Crypto Opportunity According to a local report, the initiative, which...Read More
Major multinational professional services company Ernst & Young (EY) announced the adoption of the Polygon protocol for the deployment of its blockchains to provide faster transactions and lower costs for its enterprise clients who transact on the Ethereum mainnet. EY Clients Can Now Access Polygon Network The “Big Four” consulting firm stated in the press...Read More
Following the implementation of the long-anticipated Ethereum’s London hard fork on August 5, 2021, fresh data shows that more than a billion dollars worth of ETH has become unusable through a burn mechanism. Over 300k ETH Burned According to Dune Analytics, a total of 303,681.05 Ether, which is worth $1.032 billion at the time of...Read More
Bitcoin price started the day in the green, rising 2.87 percent to $48,355 at the time of writing. BTC is likely to consolidate, providing Altcoins with the ideal opportunity to rise. The worldwide crypto market capitalization is now $2.18 trillion, up to three percent from the previous day. Analyst Justin Bennett Hints Altcoin Corrections !...Read More
In an announcement on Sept. 15, AMC Chief Executive Adam Aron said the firm would be expanding the number of cryptocurrencies it would accept as payment methods. The entertainment giant originally announced that it would accept Bitcoin payments on Aug. 9. Aron stated that by the time BTC payments are rolled out before the end...Read More
The American fintech company – MoneyLion – announced it would enable users to trade digital assets via its all-in-one financial services application. While initially clients would be able to operate only with Bitcoin and Ethereum, the firm intends to add more cryptocurrencies to the offering in the future. MoneyLion Joins The Crypto Trend According to...Read More
It goes without saying that this has been one of the most important and also exciting weeks for Bitcoin, in general. The reason for which it was important is that El Salvador officially became the very first country in the world to formally recognize Bitcoin as a legal tender. In other words, no one is...Read More
As Coinpedia reported earlier that ETH price could experience a slight pullback after reaching a psychological mark of $4000. It actually happened before continuing on towards new ATH levels. Ethereum price had a major correction at $3239 on 7th September 2021. However, the price somewhat recovered, rebounding to the $3500 mark at the press time...Read More
In a recent report, Standard Chartered predicted that Ethereum’s (ETH) price would rise to $26,000-$35,000 as the altcoin’s market capitalization will eventually catch up to Bitcoin’s. Depending on the deflationary impact of Ethereum’s EIP-1559 update, a $35,000 ETH might give it a market cap of around $4 trillion. The bank notes that the estimate is...Read More
Nick Johnson, the lead developer of the Ethereum Name Server (ENS), recently unveiled a bug on the NFT marketplace OpenSea, which caused him and other traders to lose about $100 000 in NFTs to burn addresses. The bug has been patched since, but the damage is irreversible. What Happened? Johnson explained the bug in a...Read More
In a recent report published by English bank Standard Chartered, analysts structurally value Ethereum at “USD 26,000- 35,000” while also predicting that Bitcoin will reach 170k. Standard Chartered: Why ETH beats Bitcoin for Investment The financial service giant’s report, titled “Ethereum Investor Guide,” explains the network’s value proposition while comparing and contrasting it with the...Read More
According to a recent research, 17% of Aussies have some cryptocurrency holdings. Bitcoin is still the most popular digital asset while Ethereum and Dogecoin ranked respectively second and third. What is The Crypto Trend in Australia? Finder’s Consumer Sentiment Tracker – a nationally representative survey of 1,000 Australians conducted by Qualtrics – revealed that one...Read More
According to a recent survey, around three-quarters of Russian investors consider cryptocurrencies a better investment tool than gold. Less than 9% opined that the precious metal is superior, while 14% believe “familiar national currencies” are the best choice. Russians Prefer Crypto Than Gold The residents of the largest country by landmass seem to have a...Read More
Twitter might possibly be working on an update enabling tweeters to add their Bitcoin and Ethereum wallet addresses to receive tips via the Tip Jar. The leak was shared by a user on Twitter. Looking at the screenshot it is evident that the beta version being tested is on ios. Twitter had earlier enabled users...Read More
