Bitcoin dipped below $60,000 once again in the past 24 hours but has recovered and currently stands above it. Most altcoins are also untypically calm this weekend, with ETH sitting north of $4,000. Shiba Inu, though, charted a new all-time high hours ago. Bitcoin Remains Above $60K All crypto eyes in the past few weeks were on the launch of the first-ever Bitcoin Futures ETF in the United States. After years of waiting, the Securities and Exchange Commission finally allowed...
Read More »Israel on Its Way to Design Digital Shekel Based on Ethereum (Report)
The Bank of Israel reportedly launched a digital currency pilot program, aiming to create its central bank digital currency based on the Ethereum blockchain. However, the project might face some significant challenges. Israel Aiming at CBDC Many leading nations including China, Japan, France, Sweden, and more have worked for years on developing a digitalized version of their national currency. According to a report by Globes, the central bank of Israel has joined the trend...
Read More »Less Than 17% Addresses Control Over 80% of NFTs on Ethereum: Report
A new report has revealed that a significant portion of all Ethereum-based non-fungible tokens (NFTs) is in the possession of a small number of addresses on the network. The report, which was published on October 21 by the open-source blockchain analytics firm, Moonstream, focused solely on NFTs with the ERC 721 token standard. It was conducted on more than 7 million NFT transactions on the Ethereum blockchain between April 1 and September 25, 2021. Inequality in NFT...
Read More »The Weekly Crypto Recap: New Bitcoin ATH of $67K As ETFs Live
To say that last week was exciting would be a serious understatement. Bitcoin went on to chart a brand new all-time high at around $67K, we saw the approval of the first-ever futures BTC ETF in the US, a massive flash-crash on BinanceUS, and a correction towards $60K. Let’s dive in. Starting with Bitcoin. The price was trading around $62K last this time last week and even dipped below $60K briefly on Monday. However, the market was propelled higher from then, and this...
Read More »Crypto Price Analysis Oct-22: Ethereum, Cardano, Ripple, Polkadot & Solana
Ethereum This week, Ethereum managed to rally over 8.5% and nearly touched the all-time high at $4,380, missing it by $5 (Bitstamp). The momentum remains bullish and the price is in a steep uptrend as shown by the trendline which is currently acting as support around $4,000. A break below this level can push ETH back to the next support found at $3,500. The resistance at $4,380 continues to hold, at least until another attempt is made by the bulls to break it. Considering...
Read More »Houston Firefighter’s Pension Fund Bought $25M Worth of Bitcoin and Ethereum
The Houston Firefighters Relief and Retirement Fund (HFRRF) has hopped on the cryptocurrency bandwagon by making a $25 million investment in BTC and ETH. The allocation became possible through a partnership with New York Digital Investment Group (NYDIG). The October 21st press release outlined the partnership between the two organizations, reading that NYDIG facilitated the investment through one of its regulated, audited, and insured funds. It became the first such...
Read More »Ethereum-Preis: 10’500?
Ein Experte der bekannten Investitions-Gesellschaft Fundstrat rechnet mit einem Ehtereum-Preis von circa 10'500 US-Dollar. Der Preis der Kryptowährung Ether, welche über das Ethereum-Netzwerk läuft, kennt seit dem Aktiencrash im Jahr 2020 lediglich eine Richtung – gen Norden. Gewisse Experten im Kryptowährungssegment prognostizieren einen Anstieg auf 10.500 US-Dollar. Dies würde ungefähr einer Verdreifachung vom aktuellen Kursniveau entsprechen....
Read More »Mark Cuban: BTC Is Much Stronger Than Other Coins
Mark Cuban has established himself as the latest bitcoin and crypto fan in recent months. In an interview not too long ago, the billionaire investor claimed that bitcoin held a “huge advantage” over other forms of digital currency. Mark Cuban Believes Bitcoin Is Stronger Than Other Currencies When it comes to serving as a store of value, Cuban believes that bitcoin – the world’s number one digital currency by market cap – has “zero competition,” and that it is the “best...
Read More »GMT Token Review: Sustainable Way of Earning Bitcoin and Ethereum
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Read More »Ethereum Prints New ATH of Over $4,300 Leading Broader Altcoin Resurgence
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
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