By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, April 24th, the Ethereum keeps growing smoothly, generally trading at 188.70 USD. On D1, ETH/USD keeps growing. The quotations are moving inside an ascending channel, periodically correcting. Currently, they are testing 50.0% Fibo. The MACD is still above zero. Judging by all factors, we may conclude that...Read More
By Mike Co In recent days, stablecoins have grown by nearly $3 billion. As a brief primer, a stablecoin is “a digital currency designed to maintain price parity to some ‘stable’ asset. A stablecoin can have its value ‘pegged’ to fiat money, to gold, to other digital currencies, to exchange-traded commodities, etc.” There are currently at least...Read More
The popular cryptocurrency data aggregator, CoinGecko, reviewed the events in the digital asset market in Q1 2020. According to the report shared with CryptoPotato, Bitcoin ultimately ended up losing 11% of its value, but some altcoins and stablecoins managed to record gains and decreased BTC’s dominance. Bitcoin’s Q1 Data The unexpected outbreak of the COVID-19 pandemic put...Read More
Top cryptocurrency, Ethereum has recorded a remarkable market dominance in the early days of this quarter. As of today, Sunday 19th April 2020, the bitcoin rival cryptocurrency touched the 10% market dominance mark, signaling inbound upward waves in market traction and price momentum. In a landmark that could be described as one of the many...Read More
One of the world’s leading cryptocurrency asset management companies, Grayscale Investments, has registered its strongest quarter to date. Despite the violent price developments in the market, the firm has raised over $500m, and its 12-month product inflow crossed the $1b mark for the first time. Grayscale On The Rise According to the quarterly report published...Read More
The total value transferred on the Ethereum network reached full parity with Bitcoin last week. It’s mainly due to the increasing role of stablecoins in the market as they are responsible for 80% of all transactions on the Ethereum blockchain. Ethereum Network Transfer Value Parity With Bitcoin A publication revealed by Ryan Watkins, a researcher...Read More
Binance, the world’s leading cryptocurrency exchange, published a new white paper for a solution called Binance Smart Chain. It’s a new blockchain that will run in parallel to Binance Chain and will also support smart contract functionalities. Binance Announces Smart Chain Blockchain In a recently published whitepaper, Binance announced the development of Binance Smart Chain...Read More
Ethereum is moving strong with a trading value of $155 against the US dollar. Ethereum price will be touching the peaks with the bullish breaks if it crosses the $160 and $162 resistance level. ETH prices are escalating higher and higher and are showing positive growth at $155. The bulls will be attracting audiences with...Read More
An interesting analysis of the performance of the Ethereum network reveals some changes as to what fees are being paid. Feed pays to miners exceeded the uncle reward paid to miners in March. Fees Paid By Users Greater Than The Cost Paid By The Network Ankit Chiplunkar, the head of research at the popular data...Read More
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi Collateral Loans as ‘Black...Read More
A new study compiled on cryptocurrency usage outlined that people are mainly using them for regular day-to-day purchases such as food and clothes. It also indicated that there’s a significant room for adoption, as only 16% answered that they had previously bought any digital asset. Bursting Myths: Cryptocurrency Usage Cryptocurrency payment transfers are much more...Read More
Around the Block #5: Downstream Impacts of the Recent Market Crash on Lending, Stablecoins, and DeFi Coinbase Around the Block, sheds light on key issues in the crypto space. In this edition, Justin Mart analyzes three industries impacted by the recent market crash. Lending Markets: Behind the Scenes on What Drives Rates The crypto lending markets have seen...Read More
On Tuesday, April 7th, the ETH price is growing confidently, trading at 172.20 USD, says Dmitriy Gurkovskiy, author at RoboForex Blog. The situation on the Ethereum market should still be interpreted as correctional growth after a serious decline. Escaping the consolidation Triangle by a strong impulse upwards, the quotations reached 38.2% Fibo and are aiming at...Read More
New data indicates that the number of active Ethereum addresses could accurately predict the future price movements of ETH. Unique addresses have been rising since March, and the price of the token has been continuously surging. Active ETH Addresses Corresponds With The Price? Information provided from the popular monitoring resource, Santiment, suggested that the number...Read More
The crypto community touched yet another milestone a few hours ago. In this latest development, developers at Summa, a blockchain establishment that offers private, self-enforcing, and self-settling cross-chain contracts that are trustless and non-custodial, are said to have open-sourced a cross-chain integral swap between the two largest blockchain ecosystems, Ethereum and Bitcoin. As of this...Read More
The most popular U.S.-based cryptocurrency exchange, Coinbase, saw an increase of deposits and buy orders during the panic sell in mid-March. While customers were purchasing various digital assets, Bitcoin was the clear leader with the most buyers during the drop. Coinbase Reviews The March Panic Sell 12-13th of March marked one of the most violent...Read More
Satoshi Nakamoto, also known as Craig Wright, will appear in an “ask me anything” session! At the same time, there’s a new token in front of Bitcoin on CoinMarketCap. And all of this comes today, April 1st! Let’s take a look at some of the best April 1st (International Fool’s Day) jokes in the cryptocurrency...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, March 31st, the ETH is slightly growing, trading at 132.68 USD. On H4, the correctional phase has acquired the shape of a triangular consolidation. The longer it lasts, the more powerful will be the exit from it. The MACD heading upwards points at the potential breakout...Read More
The Crypto Industry is always rolling on trends and buzz since it’s the all-time peak period in Dec 2017. Ethereum still continues to be the second-largest crypto network in the Industry. Thus Saturday, the Ethereum Co-founder took to twitter about the achievements of ETH in the past 3 years and also listed things to happen...Read More
Despite the crashing markets, companies are working hard to boost the further adoption of Bitcoin and cryptocurrencies. In two separate announcements, Coinbase and the popular internet browser Opera revealed that they’ve made serious strides in this regard. Coinbase Card Usable With Google Pay The leading cryptocurrency exchange in the US, Coinbase, allows its users to...Read More
The recent mystery surrounding the incredible $80,000 worth of Ethereum transaction fee has been resolved. Instead of a complicated money laundering scheme compiled by a South Korean exchange, it actually turned out to be a human-mistake made by one of the employees. 656 ETH Paid for Syntethics Network (SNX) Transaction A few days ago, a...Read More
Around the Block: Analysis on the bZx Attack, DeFi Vulnerabilities, The State of Debit Cards in Crypto, and Other Crypto News Coinbase Around the Block sheds light on key issues in the crypto space. In this edition, we analyze the bZx attack, uncover some of DeFi’s vulnerabilities, and discuss the state of debit cards in crypto....Read More
By Kevin Britz At Astro Wallet, which was recently acquired by Coinbase, we spent the better part of the last two years researching economic abstraction in various forms. We’d like to share our findings with the greater blockchain industry in the hope that this may serve as a guide to solve many of the UX issues...Read More
Ethereum has had a rough day, with the market-wide downtrend sparked by Bitcoin’s recent selloff leading the cryptocurrency to plummet over 10% as it erases nearly all of the gains that incurred throughout the course of its intense parabolic rally in early-February. One top analyst, however, is noting that the cryptocurrency can still be characterized...Read More
As reported by Ethereum World News just a few hours ago, Bitcoin and the rest of the crypto market haven’t been doing too well. In fact, Ethereum, along with practically all other altcoins, has collapsed over 10% (compared to BTC’s relatively measly 7% loss or so) in the past day alone, marking a brutal loss...Read More
Ethereum’s intense 2020 uptrend turned parabolic in early February when the cryptocurrency rallied to highs of $290, which is where the crypto lost its strength and began plummeting back towards where this rally began. The crypto has been able to find significant support around the lower-$200 region that has bolstered its price action in the...Read More
By Thomas Hauer, Jr.Cryptocurrency giveaway scams have been a problem for those involved in the crypto-community since the last major bull run in late 2017. Whether you’re a seasoned investor or just beginning to get your feet wet in the crypto-space, we encourage all of our customers to educate themselves on current cryptocurrency related scams...Read More
Ethereum has been able to post some decent gains today, with its latest rally coming close on the heels of Bitcoin’s surge past $9,000. This momentum has allowed ETH to climb into the $230 region, although it has slightly underperformed BTC over the past 24-hours. Analysts are now noting that Ethereum could be positioned for...Read More
With Ethereum (ETH) price consolidating over the last couple of weeks, top holders of the second largest cryptocurrency have been filling their bags with more coins, according to new data from Santiment, an on-chain metrics provider. According to the report, the largest 100 Ether wallet addresses have started accumulating higher percentages of the token’s total...Read More
The sudden change in market sentiment pumped the price of Bitcoin over its psychological $9k barrier and like the pied piper it is, the rest of the crypto-market followed its lead. Ethereum [ETH], the The post Ethereum’s top holders begin accumulation; market suspects boost in value appeared first on AMBCrypto. The post appeared first on...Read More
