On one hand, the Ethereum community has been gearing up for the transition of the network from Proof-of-Work [PoW] to Proof-of-Stake [PoS] with Ethereum 2.0, the members of the Ethereum Classic community, on the other hand, have leaned toward the Proof-of-Work algorithm. The founder of ETC Labs, James Wo previously expressed that ETC wasn’t looking...Read More
Altcoins have once again started to fall off, with Ethereum and XRP both plunging amid Bitcoin’s latest bout of volatility. According to an analyst going by Mac, it may soon get worse for the altcoin class.He remarked in a recent tweet that he expects for both altcoins as a class and Ethereum to fall by...Read More
Looking back at 2019, altcoin XRP witnessed a major drop in its price throughout the year. Currently priced at $0.193, XRP is at its yearly low. Despite XRP’s price, the altcoin stands as the third-largest coin with a market cap of $8.39 billion. Additionally, Grayscale’s report also suggested that XRP had gained “momentum among both...Read More
Tokenization firm AlphaWallet partnered with the Union of European Football Associations (UEFA) for the upcoming European Football Championship, ‘Euro 2020′. Via Ethereum integration, Alphawallet plans to put around 20,000 tokens on the custom blockchain backing the tournament tickets. According to reports, Victor Zhang, CEO of AlphaWallet, stated, “If we can convert 50% of the digital...Read More
Systems similar to banks have existed since time immemorial: From barter system to lending gold coins. Though banks were in financial fashion, Internet has paved the way for a revolution more efficient. The shortcomings of the banking system resulted in the exclusion of over 1.7 billion individuals from the financial ecosystem. While people sought an...Read More
The Ethereum Foundation was in the news after Co-founder of the network, Vitalik Buterin affirmed that the Foundation had sold about 70,000 ETH when the token was at an ATH. While ETH was being traded for an ATH of about $1,400, the Foundation reportedly earned nearly $100 million by selling the altcoin. In an interview...Read More
It is no secret that early Ethereum (ETH) ICO buyers later became whales and potential multi-millionaires. But the project also seemed extremely generous to its developers. Ethereum Devs Got Paid for Short-Term Involvement Ethereum, which went through multiple phases of pre-mining, actual mining, and as much as eight hard forks, has always been accompanied by...Read More
While the United States’ regulations surrounding blockchain technology or cryptocurrencies need clarity, other countries like China, Russia as well as Venezuela seem to be making headway. Recently, the Governor of Russia’s Central Bank, Elvira Nabiullina revealed that the country had been exploring the prospects of digital currencies and is even considering launching one that is...Read More
Ethereum’s price action has been largely bearish over the past several days and weeks, with ETH facing multiple strong rejections that have pointed to some underlying weakness amongst the cryptocurrency’s bulls.Analysts are now noting that Ethereum could be on the verge of incurring a major upwards movement, but that it may need to drop significantly...Read More
The MetaMask Ethereum wallet, one of the key entry points to crypto-based logins and distributed apps, has been suspended from the Google Apps Store. The reason cited was that MetaMask allowed phone-based mining, which the wallet provider denied. MetaMask Denied Offering Mobile Mining MetaMask denied its services involved mining, though the case is still being...Read More
YouTube faced criticism after it took down cryptocurrency and blockchain-related videos from its platform further categorizing it as harmful and dangerous content. While this enraged several Crypto YouTubers, they took to Twitter to express their agony and sought response from YouTube. While everyone thought that crypto YouTubers were the only ones that were affected, co-founder...Read More
Ethereum is still trading above the $122 and $125 support levels against the US Dollar.The price could start a decent increase above the $128 and $130 resistance levels.This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin spiked above $7,300, but it failed...Read More
The economist Albert Alchain once said “economics does not care whether people are rational, but whether people can survive.” This statement certainly hits home. After ten years of rapid growth in the digital currency market, the impression most people have is that it’s all just hype, a bubble, or too risky. While everyone has their...Read More
Ethereum’s price action has been fully exposed to Bitcoin’s recent bearishness over the past several days and weeks, struggling to garner any independent upwards momentum. This price action has led ETH to remain stuck beneath $130, which appears to have become a resistance level for the cryptocurrency.In spite of its overt bearishness, one analyst is...Read More
2019 for the Ethereum Classic was evidently eventful, with the Atlantis hard fork and the testnets for Agharta hard fork rolling out. While the ETC community is ending the year on a good note, the beginning of 2019 was quite contrary to the current scenario. In the second week of January 2019, the Ethereum Classic...Read More
Bitcoin may be trading at prices that seem low in comparison to the crypto asset’s all-time high price or $20,000, or even its recent local high of nearly $14,000 but in reality, it’s the best performing investment of the last decade.Let’s see how the number one cryptocurrency by market cap, and even the number two...Read More
After having a gloomy Christmas, the only relief for traders today is that Bitcoin is still holding support at the $7200 region. After touching $7,700 a few days ago, BTC is currently trading above $7,200. A decline below $7,000 will, in no doubt, be stressful for traders who are already disappointed with the Christmas market...Read More
This year will be one to forget for the majority of cryptocurrencies which are ending it lower than they began. 2020 could be fundamentally different though and here’s why. A Brighter Future For Cryptocurrencies Total crypto market capitalization is currently 50% higher than it was this time last year, however that is largely bitcoin’s doing....Read More
Decentralized Finance or DeFi has evolved into one of the most active sections of the blockchain industry and Ethereum projects have been at the forefront in establishing an ecosystem with global network effects and interoperability. While offering bank-like features with lending and borrowing, payment, derivatives, and others, DeFi applications are built on Ethereum blockchain and...Read More
Ethereum has had a pretty miserable 2019. Things could get worse before the year is out though as the asset gets dumped on exchanges and community angst grows. Ethereum Has Had a Rough Year The world’s second largest crypto asset by market cap is currently trading lower than it was this time last year. According...Read More
The Ethereum Classic community has been awaiting the Agharta hard fork that is scheduled for January 2020. The network has been preparing for the hard fork by releasing several Testnets, with the Kotti testnet being the latest one, activated on 14 December at block 1705549. Other Testnets including Morden and Mordor were activated back in...Read More
The world’s second largest crypto asset is about to have a miserable end to 2019. Ethereum prices keep collapsing and now the community is growing increasingly riled over the timing of the next network upgrade.Ethereum FUD EscalatingHolders of ETH will be doing anything but celebrating this festive season as prices continue to crumble. For another...Read More
Ethereum is slowly moving down and it recently broke the $125 support against the US Dollar.The price is now facing a couple of key hurdles near the $126 and $128 levels.Yesterday’s key bearish trend line is active with resistance near $127 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is currently consolidating near...Read More
After a particularly rough end to 2019, it looks like the fortunes of Ethereum investors aren’t set to change anytime soon. Almost 205,000 Ether (ETH) has hit popular trading venues within the last 24 hours.With trading volumes slumping over the holiday season, a sudden influx of selling pressure seems likely to sink the market further....Read More
After spending the first half of December above the $140 mark, Ethereum dropped by 18% over the two days since December 16. While the coin has made efforts to rise up to the $134 level since, rejection at the resistance level has been brutal, pushing ETH down to $125 at the time of writing. Ethereum...Read More
Christmas has arrived and so have cryptocurrency giveaway scams with their enticing offers on YouTube. Giveaway scams are no new tale to tell in the cryptocurrency market. It’s been plaguing the space for years, even forcing notable crypto-influencers to alter their display name to include ‘non-giver of crypto’ or those that clarify they do not...Read More
Looking back at 2019, it is quite evident how Malta-based cryptocurrency exchange Binance paved its way across various sectors and geographies. With global expansion as one of its major goals this year, the Changpeng Zhao-led exchange focused on other developments as well. Throughout the year, the platform ventured into several other countries in order to...Read More
Ethereum has recently undergone Istanbul Hardfork on Dec 8, 2019. This is just the beginning of a series of hard forks to shift to new PoS. However, in a change of events, Ethereum developers have announced an impromptu hard fork – Muir Glacier. The hard fork is scheduled to occur on Jan 1, 2020, as...Read More
Many have speculated that Ethereum prices are on the floor because of the threat of major delays to ETH 2.0. In reality all altcoins have suffered this year, but ETH losses are constantly getting battered. Can a fast track to Serenity save them?Ethereum Prices Back DownAs Bitcoin continues to consolidate, Ethereum continues to fall. ETH...Read More
Ethereum is struggling to stay above the key $125 support area against the US Dollar.A successful close below $125 could spark another bearish wave in the near term.There is a connecting bearish trend line forming with resistance near $130 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is currently consolidating above the $7,200...Read More
