The Ethereum platform is streets ahead of its competition in terms of dApps and developers according to recent research. Ethereum User Base Growing A recent industry review from DappRadar paints a rosier picture for the Ethereum ecosystem than its current bearish price reflects. The decentralized application metrics firm released its first end of year industry...Read More
Coinfloor, the oldest crypto exchange of the United Kingdom, decided to go back to being the “Only Bitcoin” Exchange. The UK’s crypto exchange will delist other cryptos on the exchange from January 2020. At present, Coinfloor supports Ethereum, Ethereum Classic, Bitcoin Cash. However, only Bitcoin will be supported by its 11th Anniversary on this exchange. ...Read More
Ripple price is still trading in the red zone below the $0.2000 resistance against the US dollar.The price is declining and it could soon break the $0.1840 support area to continue lower.This week’s key bearish trend line is still active with resistance near $0.2055 on the hourly chart of the XRP/USD pair (data source from...Read More
Yesterday was an overwhelmingly bullish day for the cryptocurrency markets, with Bitcoin posting a large surge from its lows of $6,400 that led Ethereum (ETH) and most other major altcoins to climb as much as 10%.This upwards momentum was somewhat fleeting however, and Ethereum’s retrace from its recent rally may stem from the ongoing sale...Read More
Things are not looking Merry for Ethereum over this Christmas period. After initially being one of the standout performers of 2019, ETH’s valuation suffered owing to major slumps over the past two months. However, despite losing all its positive yield in 2019, Ethereum’s current price may be highlighting a long-term trend reversal for the world’s...Read More
DeFi, or decentralized finance, is an essential part of an open financial system. DeFi tools are censorship-resistant, unbiased, and available to anyone with a smartphone. That’s why for this winter’s hackathon, we focused on bringing DeFi to the world. Hackathons are a critical part of Coinbase’s culture. They’re a great opportunity for anyone to pursue...Read More
A new study of 140,000 crypto addresses finds that few accounts are needed to form majority ownership of many coins. More than half of all LTC is held in just 189 non-exchange addresses, and on average, the top 100 ERC20 tokens are majority-owned by just 34 addresses. Almost 1 in 4 tokens had a majority...Read More
The saga with one of the largest alleged scam projects in the cryptocurrency world continues. PlusToken’s officials were arrested several months ago, but a recent report shows that over $100 million worth of Ethereum was transferred from a company wallet to an unknown one. $100 In ETH Transferred From PlusToken The popular cryptocurrency monitoring resource,...Read More
A recent “whale” transaction of 789,525 Ethereum (ETH) was claimed to belong to the wallets of the PlusToken scam. The exact holdings of ETH for the scheme are unknown, but this tranche alone is worth $105 million. PlusToken Still Holds onto Part of BTC, ETH Haul PlusToken, despite the law enforcement crackdown against the team,...Read More
Ethereum is up more than 8% from the recent low of $115 against the US Dollar.The price is showing signs of a trend reversal, but it must surpass $135.Earlier, there was a break above a connecting bearish trend line with resistance near $122 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin rallied more...Read More
The cryptocurrency market has been slipping over the past few weeks, with the prices of top cryptos’ getting axed by the bear. Bitcoin has lost 13.36% of its value in December 2019, while altcoins like Ethereum [ETH] have tumbled by 21.37%. XRP has been trading at a low of $0.1805 after losing 21.09% of its...Read More
New research discovered that running a full node is time-consuming and requires extensive computational resources. The observation shows that for XRP, EOS and Binance Chain networks in particular, a full blockchain audit requires days of computation and dedicated machines. Distributed Ledgers Prove Difficult to Audit The promise that a distributed ledger can be easily kept...Read More
In light of the fact that the crypto-industry is still in its nascent phase, various studies using different metrics have assessed the market’s trends and performances over the past few years. Although the market draws a common affinity to Bitcoin, other crypto-assets such as Ethereum and XRP have a strong user base and influence of...Read More
Ethereum is down 5% again today and it broke the $130 support area against the US Dollar.The price is now trading near key support levels such as $120 and $122.There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).The price could start...Read More
The Ethereum price was at $130 at the start of the year on January 1st across major crypto exchanges. With 12 days left on the calendar, ETH is now net negative in 2019, which comes in stark contrast to the 70% performance that Bitcoin has seen in 2019.Related Reading: Bitcoin Halving Search Trend is Surging,...Read More
As competition builds within the blockchain industry, investors and prospective users alike have to undergo the arduous task of evaluating which blockchains have the best fundamental strength. Ethereum has long been favored by users and developers, but over the past three years a plethora of competitors have surfaced, making it difficult to discern which blockchain...Read More
With the long-awaited Istanbul hard fork now live on the Ethereum blockchain, the network will undergo an emergency hard fork in two weeks to resolve an old issue that seems to be pressurizing the entire ecosystem. The Istanbul update aims to solve issues like rebalancing gas costs, more privacy, and interoperability with cryptocurrencies like Zcash....Read More
Ethereum’s price in 2019 has seen a mix of highs and lows. After registering a growth of over 170 percent from January to 26 June, the world’s largest altcoin has now lost all of its positive gains this year after it recorded a depreciation of 8% on 16 December. At press time, Ethereum was priced...Read More
It would seem that Ethereum is back to square one. After registering a growth of over 170 percent from January to 26 June, the world’s largest altcoin has now lost all its positive gains this year after it recorded an 8% depreciation on 16 December. Ethereum and Bitcoin were the major crypto-assets responsible for the...Read More
An Ethereum wallet address loaded with 530k ETH from the ICO pre-sale has dumped over half since September 25. Prior to this date the tokens had been HODLed since the 2015 Initial Coin Offering. Pre-ICO ‘Whale’ Account The wallet address (and recent sell-off) was brought to the public attention in a tweet from D5 -Data Science...Read More
What has been a surprise today are the epic dumps by high cap crypto assets such as Ethereum, BCH, Litecoin, and EOS. Altcoins Nearing Crypto Winter Lows Total market capitalization has dumped by almost $10 billion over the past twelve hours or so. The plunge took crypto markets down to $186 billion, their lowest levels...Read More
Bitcoin price broke down below the psychological level of $7,000 late on Monday. The cryptocurrency updated the December low after blockchain researcher Chainalysis said that PlusToken scammers were selling coins to cash out. Bitcoin Dragging Down Crypto Market At the time of writing, the cryptocurrency fell 3.11% in the last 24 hours, touching the daily...Read More
Ethereum has just slumped to a nine month low, wiping out virtually all gains it has made this year. The move has been part of a market wide decline catalyzed by Bitcoin’s drop below $7k. Many are not convinced that ETH prices will recover at any time soon, and here is why.Ethereum Bears Gaining StrengthThere...Read More
A dip below $7,000 has been on the cards for Bitcoin for some time now. What is surprising though is that the altcoins have been pummeled again with several high cap crypto asserts dropping as much as 8 percent overnight.Bitcoin Back Below $7kAfter almost three weeks of consolidation the big Bitcoin move finally arrived and,...Read More
Ethereum is down more than 6% and it broke the key $140 support area against the US Dollar.The price tested the final bearish target near the $132 and $130 levels.There is a short term contracting triangle forming with resistance near $133 on the hourly chart of ETH/USD (data feed via Kraken).The price could correct higher,...Read More
Ethereum Classic’s developers had previously revealed the roadmap for the much-awaited Agharta hard fork, which is touted to be the second half of the recently executed Atlantis hard fork. According to a recent development, ETC core developers and stakeholders participating in the ecosystem on 12 December have agreed on a target block number for mainnet...Read More
The second most popular digital asset by market capitalisation led a crypto industry wide plunge in prices today. Ether (ETH), the native cryptocurrency on the Ethereum network, fell by around 10 percent in just a matter of minutes.The market wide dump follows a Chainalysis report referenced by Bloomberg earlier today. It claims that PlusToken, a...Read More
A lot has been going on with the Ethereum network lately, with the Istanbul hard fork recently going live on the network and Muir Glacier expected to be rolled out by New Year’s Eve. Amid these updates, the Ethereum Core Developers in their 77th meeting discussed several other EIPs, along with Eligible for Inclusion [EFI]...Read More
Blockchain-based identity management solutions firm, iden3, recently published the results of an analysis it had conducted to test transaction throughput on the Ethereum blockchain, before and after the Istanbul upgrade and ZKRollup. The analysis concluded that Ethereum, after the Istanbul upgrade, using ZKRollup, could handle up to a theoretical maximum of 2048 tps, a figure...Read More
Recently, the Ethereum network’s eighth network update, Istanbul, went live on the platform at block number 9,069,000. During the 77th Ethereum Core Devs meeting, the aftermath of the Istanbul hard fork along with several other updates pertaining to the network was discussed. Addressing the same, PegaSys’ Tim Beiko went on to reveal that Istanbul was...Read More
