Ethereum (ETH)

Customers of the German fashion company Philipp Plein International AG will get the chance to buy products in digital assets instead of fiat money. The supported virtual currencies will be 15 and will include the leading ones – Bitcoin and Ethereum. ‘Cryptocurrencies Are The Future’ In a recent Instagram post, the fashion group Philipp Plein announced that it would start accepting payments in cryptocurrencies. The company’s clients can now pay for clothes, shoes, and other...

Token burning is gradually becoming a vital phenomenon in the digital currency ecosystem, and it is set to place the Ethereum coin as a deflationary asset. The much-awaited Ethereum Improvement Protocol (EIP) 1559 upgrade has just gone live, ending months of anticipation for its arrival amongst the network users and investors. But now that the upgrade has gone live, the question of its significance needs to be reiterated, as it marks a new era that may end the fundamental challenge of the...

Anthony Di Iorio is a well-known figure in the cryptocurrency space. He got into Bitcoin back in its early days, went on to become one of the co-founders of Ethereum, and also founded and spearheaded the popular crypto infrastructure provider – Decentral. In this interview, we go in-depth on all of the above, and we also discuss the recent reports which revealed that he will be leaving the cryptocurrency industry. Being one of Ethereum’s co-founders...

[PRESS RELEASE – Toronto, Canada, 5th August 2021] Alkemi Network, a recently-launched project designed to bridge CeFi users with DeFi, has integrated with Nexus Markets, a cryptocurrency exchange, and lending vault platform, to provide Nexus users with DeFi-sourced vaults wrapped in a familiar exchange interface. By utilizing Alkemi Network’s institution-grade liquidity platform, Nexus Markets is able to offer DeFi-level yields through its existing CeFi-based vaults,...

While there’s been all excitement surrounding the EIP-1559 implementation, some independent developers have pointed out some issues with debugging the Ethereum DApps post the upgrade. The wait is finally over and we are just four hours away from the upcoming London hard fork upgrade, the euphoria in the market is clear as the Ether (ETH) price has shot up more than 8% in the last 24 hours.At press time, Ethereum is trading 8.35% up at a price of $2681 and a market cap of $313 billion. The...

Litecoin price failed to clear the $150 resistance zone and corrected lower against the US Dollar. LTC price is now trading above $140 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $138 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair might start a fresh increase as long as it is above the $135 support. Litecoin price is holding gains above $135 against the US Dollar, similar...

ETH/USD – Ether Falls Below Price Chanel But Finds .236 Fib Support Key Support Levels: $2460, $2400, $2320.Key Resistance Levels: $2550, $2640, $2700. Ethereum surged higher over the past fortnight inside the confines of an ascending price channel. This price channel allowed it to reach as high as $2700 this week. Unfortunately, ETH pulled back slightly from this high and fell beneath the price channel today. After breaking the lower angle of the price channel and the...

With just 24-hours left for the upcoming London hard fork, the ETH community eagerly awaits the exciting changes it will bring to the network. There’s been much hype around the arrival of the Ethereum London hard fork and now we are just one day away. The countdown tracker from Ethereum.org shows the hard fork will go live in the next 24 hours from press time. The announcement on the website reads:“The London upgrade is scheduled to go live on Ethereum in August 2021, on block 12,965,000....

NBA legend Charles Barkley said that his financial advisors do not recommend involving with cryptocurrencies. However, he did not specify why they have such a negative opinion on digital assets. Barkley’s Advisors Say No to Crypto In a recent interview for CNBC, the former professional basketball player Charles Barkley revealed that the people who run his financial operations are not keen on virtual currencies. As he said, one of the advisors even insisted on being fired if...

The Ethereum blockchain is scheduled to undergo the London hard fork, and several exchanges are taking precautions to ensure users’ funds remain secured once the hard fork is successfully deployed.  At block height 12,965,000, estimated to take place tomorrow (August 8th, 2021), Ethereum was scheduled to undergo the hard fork, and two scenarios are likely to occur; either the chain is split, and there’s a competing network with a new token or no new token is created, and most...