According to new research, the recently alleged crypto asset Ponzi scheme PlusToken may be the largest in history. The study, conducted by Elementus, shows that around $2 billion worth of Ether (ETH) tokens were involved in the scheme.Given that the operation accepted payments in a range of other cryptocurrencies, as well as by the Ethereum...Read More
The Pantheon project basically aims to provide a number of Ethereum-based services built by ConsenSys’ strong engineering team called PegaSys. Ethereum is all set to join the open-source Hyperledger consortium. It would be the first public blockchain network joining Hyperledger as the latter’s technical steering committee approves a proposal for adopting the ConsenSys-backed Pantheon project....Read More
The crypto market is highly volatile and assets such as Bitcoin, Ethereum, and EOS experience wild price swings. On cryptocurrency margin trading exchanges, these wild price swings are further amplified by traders trading on up to 100x leverage.The post appeared first on NewsBTCRead More
Ethereum still cherished by dapp developers but Ethereum Network’s active users’growth is at its highest since January 2018. Not only this, but the active Dapp users of Tron and EOS are also somewhat showing growth. According to Q2 2019 Dapp Market Report, Dapp stays strong in Q2 with a total transaction volume of $3.28 billion,...Read More
Margin trading has taken the cryptoverse by storm lately, with Malta-based Binance recently introducing margin trading for a number of cryptocurrencies on its platform. A number of other exchanges have also followed its lead. However, margin trading comes with a lot of risks, and if there is not enough liquidity on the exchange, whales can...Read More
The week has ended with reclamation of five figure prices by bitcoin. Some of the altcoins have been marginally dragged up with it, but many including Ethereum are still looking extremely weak. Bitcoin Back Over $10k The past five instances bitcoin has dropped into four figures have been brief encounters. There is clearly a mass...Read More
UK Financial Ltd. and Maya Preferred 223 have announced that their 51% acquisition of Digital Fantasy Sports (DFS) – a gaming currency that specializes in fantasy sports, esports, & casino play, is complete. On the heels of the finalization, the company will be raising the backing amount of gold and silver of each DFS to...Read More
According to expert predictions, the Bitcoin dominance registered on CoinMarketCap has been tweaked for liquidity. Forecasting that in reality, the dominance could cripple the survival of Altcoins. As the current value of Bitcoin hovers around $10,000, it’s dominance upsurges in correspondence. According to CoinMarketCap’s estimate as at Thursday, 5th August. BTC dominance was sitting around seventy...Read More
ETH price started a decent recovery after it tested the $180 support area against the US Dollar.The price is currently struggling to break a major resistance area near the $195 level.There is a key contracting triangle forming with resistance near $194 on the hourly chart of ETH/USD (data feed via Kraken).The pair remains at a...Read More
Ethereum classic and ethereum are enjoying a nice bounce ahead of scheduled hard forks while the bitcoin price languishes. | Source: Shutterstock By CCN Markets While the bitcoin price languishes this week, ethereum classic is enjoying a spectacular spike ahead of its scheduled September hard fork. And the ethereum price is rising too. As of this...Read More
At the end of 2017 and the height of the crypto hype bubble, investors seeking ‘the next Bitcoin’ bought up altcoins en masse after learning that many alts, such as Etheruem, Ripple, and Litecoin, had spiked over 1000% and outperformed even Bitcoin.The post appeared first on NewsBTCRead More
Ether, the native token of Ethereum, the world’s second-largest blockchain project by market capitalization, has surged by more than 40 percent so far in 2019. It is a stunning performance for an asset which has been around for only four years. But in the world of cryptocurrencies, Ether is an underperformer, majorly because its rival...Read More
Bitcoin and altcoins are forming a strange correlation as of late, according to data provided by market analyst Ceteris Paribus.The noted cryptocurrency trader found that leading altcoins plunged massively every time bitcoin tested or hinted to check the $10,000 level. Between June and August 21, bitcoin closed above the $10,000 mark four times. And each...Read More
A group of hardcore bitcoin maximalists have heroically overcome their hatred for Ethereum after receiving ERC20 shares in crypto exchange INX worth hundreds of thousands of dollars. The staunch BTC loyalists, led by Blockstream CTO Samson Mow, have agreed to support a project built on Ethereum, despite all the mean things they’ve said about it....Read More
Cryptocurrency politics is focusing on Bitcoin at the expense of altcoins, but a flip could occur any time, an industry investor has warned. Simpson: Don’t Pin All Your Hopes on Bitcoin That was the conclusion from Arianna Simpson, founder and CEO of crypto and blockchain-focused investment fund Autonomous Partners. In a discussion on social media...Read More
Ethereum is down by 2.67% over the last 1 day and falls below 185 USD. The next support may come at $180 for Ethereum. Ethereum was nearing 200 USD on 20th August and yesterday’s fall of 2.67% made the coin fall beyond 185 USD. This unprecedented and significant coin by one of the top coins...Read More
Photo: Shutterstock As represented by CipherTrace’s recent Q2 AML report, there is no denying that retail investors still face immense risk, as fraudsters and exit scammers have absconded with more than $4.26 billion in crypto assets in 2019 to date. And the opaqueness of relationships between coin rankings sites like CoinMarketCap (CMC), exchanges, and projects,...Read More
While it’s still widely regarded as being safer to hold one’s own funds than entrust them to an exchange, Gemini’s standards suggest it may be angled as more of an actual cryptocurrency custodian than other exchanges. Cryptocurrency exchange and custodian Gemini, announced they’re expanding their business to Australia. Australian citizens can now download the Gemini...Read More
Ethereum and Monero’s XMR were amongst the worst-performing top 10 crypto’s on Wednesday… Ethereum Key Highlights Ethereum slid by 4.68% on Wednesday. Following on from a 2.85% fall on Tuesday, Ethereum ended the day at $187.37. An early morning intraday high $197.17 saw Ethereum fall well short of the first major resistance level at $201.41....Read More
ETH price started a fresh decrease after it failed to climb above the $202 resistance against the US Dollar.The price is down more than 8% from the high and it is now trading well below $190.There is a connecting bearish trend line forming with resistance near $190 on the hourly chart of ETH/USD (data feed...Read More
Vitalik Buterin was in the news after speaking to the newspaper, ‘Toronto Star’, and stating that “Scalability is a big bottleneck because the Ethereum blockchain is almost full.” High transaction fees are obstructing widespread adoption, he said. His words were, “If you’re a bigger organization, the calculus is that if we join, it will not...Read More
Here’s a riddle for you: what does Monero’s Fluffypony have in common with former Capital One Vice President Alan Silbert, as well as Charlie Lee? Besides an oversized presence on crypto Twitter, all three are listed on the paperwork for crypto’s latest three-letter fad: an IPO. Crypto trading platform INX has applied to the U.S....Read More
Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run. The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA. BCH/USD pair corrected losses yesterday to trade below the critical resistance level at $322.0. Additionally, the bearish pressure...Read More
Photo: A1 Austria’s telecommunications giant and the country’s largest mobile service provider A1 has officially announced accepting cryptocurrency payments at some of its store locations across Austria. In the official announcement, A1 states that in its pilot project, they will accept cryptocurrency payments at some A1 shops while demonstrating global businesses that integrating digital currency...Read More
Ethereum hasn’t done too well over the past year. Since peaking at $1,400 and nearly “flipping” Bitcoin, the cryptocurrency has embarked on a steep downtrend, shedding a large majority of its value as demand has tapered off.In fact, one ETH is now valued at under 0.02 BTC — a level not seen since the pre-ICO...Read More
Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether is enduring its first mainstream bear market, just as Bitcoin did back in 2014-15. Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of 61.8% ($163.20) Fibo. This suggests...Read More
Nelson Minier, head of over-the-counter trading at cryptocurrency exchange Kraken, says its volume has increased twenty-fold since 2018. Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his...Read More
ETH price started a downside correction after testing the $202 resistance area against the US Dollar.The price is currently trading below $198 and is trading near the $194 support area.This week’s followed key bullish trend line with support near $194 is active on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely...Read More
The Polkadot network could soon see a big boost in the adoption of its native DOT token. Blockchain—a Luxembourg-based cryptocurrency exchange and digital wallet provider with over 41 million registered users—announced today that it has partnered with Polkadot in a push to “accelerate the adoption and decentralization of Polkadot tokens.” Users of the Blockchain exchange...Read More
