The cryptocurrency market saw a lot of its momentum evaporating after many of its coins underwent corrections on the charts after a brief upside. At the time of writing, the collective market cap had fallen to $262.45 billion, while Bitcoin’s dominance stood at 64.5%. As Bitcoin’s price slid to $9,189 at the time of writing,...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog After a productive Monday, the ETH may continue its growth if the current impulse preserves. On Tuesday, June 23rd, it is generally trading at 241.90 USD. On D1, ETH/USD is winding up a correction in an uptrend. The quotations keep trading near the lower border of the ascending channel....Read More
Ethereum 2.0 is one of the biggest milestones of the Ethereum blockchain. As the ecosystem gears up for the re-engineering the entire ETH blockchain, a new trend was observed within the miners on the The post Anticipating Ethereum 2.0 miner balances surge appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Ethereum proponents are experiencing something similar to the days of the ICO bubble as Compound’s COMP token makes headlines. Additionally, the launch of ETH 2.0 has also increased interest in the la The post Ethereum short-term price analysis: 22 June appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Recent data indicates that Ethereum miners prefer holding their mined coins and have increased their balance in the past few weeks. At the same time, the number of ETH addresses containing from 100,000 to 1,000,000 coins have jumped by nearly 5% in June alone. Ethereum Miners HODL Because of the current proof-of-work consensus algorithm that...Read More
The DeFi industry seems to be imploding with fresh capital. More and more money is finding its way to the Compound platform, allowing it to surpass MakerDAo in terms of total value locked. Cryptocurrency holders are looking for multiple ways to make money. The Compound Hype Train is Here A passive revenue stream can be...Read More
As Bitcoin continues to trudge between the $9,500 and $10,000 range, altcoins prospects may be bolstered. The king coin’s stability off-late may have irked investors but for the top-ranking coins in t The post Bitcoin’s highest correlation is with XRP, while BTC-ETH comes in fourth appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Vitalik Buterin, the co-founder of Ethereum, has recently stated that interest rates on decentralized finance protocols that are significantly higher compared to those in traditional finance come with unstated risks attached. Vitalik Buterin on High DeFi Interest Rates The co-founder of Ethereum and one of the most prominent members of the cryptocurrency community, Vitalik Buterin,...Read More
The non-custodial, decentralized exchange, Loopring, has listed pBTC – a token that acts as a fully-backed Bitcoin equivalent on the Ethereum blockchain. The addition of pBTC to Loopring – the fastest decentralized exchange (DEX) based on Ethereum – gives Bitcoin users a quick on-ramp to Ethereum’s decentralized finance (DeFi) ecosystem. Loopring Lists pBTC Provable Things...Read More
Arthur Hayes, the CEO of one of the leading Bitcoin derivative exchanges, BitMEX, has once again slammed a cryptocurrency for being a “shitcoin.” This time it was Bitcoin Cash (BCH) that’s under his radar. BitMEX Listing BCH/USD Perpetual Contract In an announcement from June 01st, 2020, BitMEX revealed that it’s going to launch a BCH/USD...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog The ETH price looks like stabilizing after two days of decline. On Tuesday, June 16th, it is generally trading at 232.60 USD. Yesterday’s low was at 218.10 USD. On D1, ETH/USD keeps correcting in an uptrend. The quotations are again testing the lower border of the ascending channel. The...Read More
A recent survey compiled by the cryptocurrency exchange BitMax indicates that the Japanese are quite fond of Ripple (XRP). Having to choose which their favorite digital asset is, most participants placed XRP close to Bitcoin and well above Ethereum. Japan Adores Ripple (XRP) The popular Japanese exchange posted the survey on Twitter to check among...Read More
The average time required to confirm a Bitcoin transaction has plunged significantly in the past month. Simultaneously, the average transaction fees continue to drop after reaching yearly-high following the 2020 halving. BTC Average Transaction Time Plunges Data provided by Blockchain.com shows that the average time needed for a BTC transaction to be included in a...Read More
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication, the cryptocurrency market capitalization...Read More
Transaction fees affecting different cryptocurrency ecosystems in unique ways. For Ethereum, its gas used – based on a 7d moving average – has reached a new all-time high. Every service or application built on top of Ethereum utilizes gas to operate. Ethereum Gas Usage Rises Swiftly Additionally, all regular users also pay transaction fees in...Read More
Buying shares of Grayscale’s Ethereum Trust would require investors to pay a premium upwards of 750% compared to ETH’s current market price. ETH Sold For More Than $2000 On Grayscale Grayscale is a company that provides institutional investors with exposure to the price of cryptocurrencies such as Bitcoin and Ethereum through their trust products. The...Read More
Charles Hoskinson, the co-founder of Input Output Hong Kong (IOHK), is getting increasingly upset for being associated with another project he co-founded – Ethereum. Hoskinson Doesn’t Like Being Called Co-Founder of Ethereum In a recent Twitter post, the co-founder of Input Output Hong Kong said that he doesn’t want people to refer to him as...Read More
Brian Brooks, the former chief legal officer of Coinbase, was recently appointed to serve as the interim head at the Office of the Comptroller of the Currency (OCC) in the Trump administration. Brooks has shown openness to exploit the merits of blockchain and cryptocurrency at his new position, according to a recent interview. Trump’s Head...Read More
Yesterday, an unusual transaction grabbed the community’s attention as someone paid 10,668 ETH (over $2.6 million) in fees, while the value it transmitted was only 0.55 ETH. Today, another transaction originating from the same wallet carried 350 ETH, and the fee was again – 10,668 ETH. The mining group that mined the block has urged...Read More
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent 0.55 ether, worth...Read More
A recent transaction on Ethereum’s network saw someone pay 10,668 ETH in fees while the actual value of the transaction was 0.55 ETH. This isn’t the first instance of something like this happen as insane fees have been paid on several occasions in the past. $2.5 Million Worth of ETH Fees for a Single Transaction...Read More
A study compiled by the American multinational financial services corporation Fidelity Investments informed that a third of large institutional investors own a form of cryptocurrency. The highest level of interest came from Europe, followed by the US. Institutional Investors Choose Cryptocurrencies According to the report from Bloomberg citing the survey from Fidelity, 36% of all...Read More
Ethereum and Cardano are two of the ecosystem’s most prominent blockchains, with both blockchains slated to undergo a transition in their underlying consensus mechanisms. For Cardano, it has been q The post Cardano, Ethereum top chart for dev activity appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Instantly add cash to your Crypto Dispensers account with Green Dot @ the Register Chicago, IL – Virtual Assets, LLC is pleased to announce that it has entered into an agreement with Green Dot Corporation (NYSE:GDOT) to enable customers to purchase cryptocurrency with cash. This new service leverages Green Dot’s mobile and web-enabled barcode generation...Read More
ConsenSys, the blockchain software company headed by Etherem’s co-founder Joseph Lubin, plans to launch a compliance service focused on decentralized finance projects (DeFi) and cryptocurrency exchanges to analyze and track transactions utilizing the Ethereum network. ConsenSys To Launch A New Service According to a recent Bloomberg report, the new service coming from ConsenSys will primarily...Read More
The number of DAI locked up in the Ethereum based Aave lending protocol almost doubled, leading into June 8. Aave is a prominent protocol in Ethereum’s decentralized finance (DeFi) ecosystem. Users can lend cryptocurrency at stable or variable rates, earning daily payouts to the wallet of their choice. They can take advantage of uncollateralized, trustless...Read More
Recent data indicates that Bitcoin transaction fees have been decreasing after the post-halving peak, while Ethereum fees are on the rise. As such, the total amount in fees spent on the Ethereum network has surpassed Bitcoin’s, and the gap continues to grow. The “Feepening” Ethereum Vs. Bitcoin According to information from the cryptocurrency data company...Read More
Ethereum’s hash rate has increased by nearly 30% since the start of 2020 to the current levels of 187,369 GH/s suggesting that miners are becoming more involved before the impending launch of Ethereum 2.0. ETH Hash Rate Rises In 2020 According to data from Etherscan, ETH’s hash rate started the year at approximately 147,405 GH/s....Read More
Ethereum witnessed a turbulent start in June 2020. Over the past 4 days, the second-largest token has reached as high as $253 in the charts but registered a massive pullback to $225 within 5 hours. The post Ethereum’s current price woes may soon correct itself appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
The month of May was filled with volatility as the price of Bitcoin kept swinging constantly. Despite the sell-off in the market, the value of BTC remained above the $9k resistance. While the first da The post Bitcoin, Ethereum perpetual contracts on Binance register growth appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
