In a pattern that has been rinsed and repeated countless times this year, crypto markets are crumbling as Bitcoin failed to hold support. The altcoins are still hopelessly tied to their big brother so any pain for it is magnified for them.Over $20 Billion Exits Crypto SpaceOver the past 24 hours crypto markets have shrunk...Read More
Contents A new gifting mechanism Overcoming hurdles for transnational payments BitTorrent has spread the word about the upcoming launch of internal trials for its new p2p streaming platform dubbed BitTorrent Live (BLive). The app will let users make live streams and share them. The company has introduced a mechanism for giving rewards – in BTT...Read More
Bitcoin and a few major altcoins have shocked the market as they have shed significant weight in a considerably short time. Right now, the crypto market prices have lost billions and there is no pointer to a bull run in the near future. The entire crypto market has been in a free fall of sorts...Read More
ETH/USD fell from $187.45 to $173 this Wednesday and has fallen further to $170.65. ETH/USD is looking to drop below the lower curve of the 20-day Bollinger band. ETH/USD has had a bearish start to Thursday following heavily bearish Wednesday. ETH/USD fell from $187.45 to $173 this Wednesday and has fallen further to $170.65. The...Read More
ETH price failed to stay above the key $185 and $180 support levels against the US Dollar.The price is down around 10% and is trading below $172, while bitcoin is down around 5%.There was a break below a bearish continuation pattern with support near $172 on the hourly chart of ETH/USD (data feed via Kraken).The...Read More
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the...Read More
In a matter of minutes crypto prices crashed. There is currently a story doing the rounds that the French police stopped a bot dubbed a “crypto jacking virus”. ETC/USD is currently the worst affected down just over 11%. USD 150 million worth of longs were also said to be liquidated at the BitMEX exchange. Litecoin price analysis:...Read More
Tether is back in the news, but this time it’s just moving house. Large numbers of the controversial dollar-valued token are migrating to Ethereum from Bitcoin’s OMNI layer, resulting in a boom in active USDT-ETH addresses. A Coin Metrics State of the Network analysis, released August 27, 2019, reports that the number of USDT-ETH active...Read More
Economists have long recognized the relationship between economic growth and investment in R&D. The correlation is as strong as it is intuitive: more investment in innovation leads to greater productivity, driving economic growth. Economic history also teaches us another lesson: alongside advertising and capital expenditure, investment in R&D is one of the first areas where...Read More
Tether, Inc. has moved coins to the Ethereum network. The Ethereum network clogged. The USDT smart contract is presently taking up 31.55% of all Ethereum gas. EthGasStation team concluded reason as More Gold Token, an airdrop that took over the network in the past two months was a potential scam. MGC is an unknown and...Read More
Investors could be turning away from Ethereum (ETH). Uncertainty surrounding the timing of a move to a Proof of Stake mechanism, and fears of a price crash, have led to a significant decline in market sentiment. Hunter S. Thompson once famously observed that “There is nothing in the world more helpless and irresponsible and depraved...Read More
ETH price failed to climb above the $195 resistance and declined recently against the US Dollar.The price is now trading below the $190 level and it seems like there could be more downsides.There is a short term breakout pattern forming with support near $186 on the hourly chart of ETH/USD (data feed via Kraken).The pair...Read More
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="How can a network like Ethereum continue to sustain its community of developers with funding without relying on a central authority?” data-reactid=”19″>How can a network like Ethereum continue to sustain its community of developers with funding without relying on a central authority? <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm"...Read More
Bitcoin led recovery propels Ethereum above $190 hurdle but momentum lost steam shy of $195. A retracement from the three-day high at $194.14 currently seeks balance at $190. The cryptocurrency market recovered slightly from the weekend lows. Leading the recovery was the largest cryptocurrency Bitcoin which breached $10,600 resistance. Ethereum also made it above the...Read More
The Ethereum Foundation has unveiled over $2 million of funding for the development of Serenity or ETH2.0. The official announcement read, “We are today unveiling over $2M USD in Foundation-led and co-funded grant funding aimed at furthering Serenity (Eth2.0) development as we move nearer to the launch of the Beacon Chain.” The update is primarily...Read More
A recent tweet from Vitalik Buterin, the brainchild behind Ethereum blockchain, seems to indicate that he may be getting ready to leave the project soon. He said he feels the time is right for him to take the back seat from the role of leadership in the community. Ethereum co-founder Vitalik Buterin has said that...Read More
The speculations to CZ’s Twitter teaser have proven to be true – Binance has now announced the upcoming launch of its crypto lending service. Users can earn up to 15% interest on BNB and other assets. Binance has officially announced its lending service which is expected to kick off on the 28th of August, at...Read More
Coinbase adds WalletLink functionality enabling its users to use dApps within the company’s wallet app. One of the most interesting dApps is IDEX – currently the world’s largest decentralized exchange (DEX). San Francisco-based cryptocurrency exchange Coinbase added WalletLink functionality to enable its users to use dApps within the company’s wallet app. One of the most...Read More
Weekend trading has been largely lack luster as usual. Bitcoin spent most of the time hovering just above $10k while the altcoins stayed in bed. A Monday morning push in Asia has sent BTC up to a five day high but its brethren have yet to react.Bitcoin Dominance Reclaims 70%A few hours ago Bitcoin hit...Read More
Ethereum price attempts to make a leap above $190, making gradual gains to have a persistent trade. The coin was above the newly formed major resistance area of $200 in the past week until 19th August. Ethereum price had a major pull back in these 7 days wherein it was traded as low as $182.69,...Read More
The decentralized platform AirSwap, a trade network driven by the Ethereum platform, launched a tool, called AirSwap Trader, with which traders of over-the-counter (OTC) trades can agree on direct cryptocurrency exchanges, without intermediaries. The startup focuses on this type of over-the-counter market to allow operations to be carried out through smart contracts, which “constitute a...Read More
ETH price is currently correcting higher and is trading above the $190 level against the US Dollar.The price is still trading well below the key $195 resistance area.There was a break above a major declining channel with resistance near $192 on the hourly chart of ETH/USD (data feed via Kraken).The pair is struggling to continue...Read More
According to a recent report, support for Ethereum-based (ETH) ERC-20 standard compliant tokens is now available on Waves’ decentralised exchange (DEX). The exchange which recently launched a new gateway with Vostok and Ergo tokens support made it known on the 22nd of August that Waves‘ built-in DEX now supports ERC-20 tokens. Also, the team at...Read More
Ethereum’s valuation thrived during the early May bull run and the coin’s valuation breached the $200 dollar mark. ETH consolidated comfortably in the higher range of $230-$280 before breaching the $300 dollar mark on 21st June. The valuation took a beating after bullish momentum receded and the coin was restricted under $230 after a massive...Read More
In the alternative asset sector, hedge funds have not been able to perform as well as the larger equity markets. Before Bitcoin (BTC) came into existence, billionaire investor Warren Buffett famously placed a $1 million bet (in 2007) that, in the next decade, the S&P 500 index fund would outperform any hedge fund portfolio. The...Read More
It has been another gloomy week for Ethereum, in terms of its price. Ethereum was valued above $200 dollars, at the beginning of the week (19th August) but at press time the price was under $190. The coin’s valuation plummeted by 5.48 percent over the past seven days and trade volume over the time period...Read More
ETH price remained in a bearish zone and even tested the $180 support area against the US Dollar.The price is currently correcting higher, but it is facing hurdles near $192 and $195.There is a significant bearish trend line forming with resistance near $192 on the 4-hours chart of ETH/USD (data feed via Kraken).An upside break...Read More
Bitcoin has been on a wild ride over the past several years, and despite a continuous influx of new participants into the nascent crypto market, many investors who jumped onboard in late-2017 and early-2018 have been badly burned by the recent bear market. Now, newly released data elucidates that Bitcoin and Chainlink have the highest...Read More
Ethereum and the aggregated crypto market has been closely tracking Bitcoin’s price action over the past week, which has resulted in a choppy trading session for ETH that has ultimately led it to drop back towards $185 – which remains a critical support level for the cryptocurrency.Although ETH is likely to find some support around...Read More
The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common tool for these unethical and illicit activities,...Read More
