Ethereum (ETH)

Ethereum price started an upside correction above $3,000 against the US Dollar. ETH price is now trading below $3,100 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh decline if there is no break above $3,160 in the near term. Ethereum price is showing bearish signs below $3,160 against the US Dollar. ETH/USD could resume its...

Coinbase, the leading cryptocurrency exchange in the United States, announced a few hours ago that american citizens will be able to automatically receive their paycheck in crypto. The new “Get Paid in Crypto” service will allow cryptocurrency enthusiasts to directly receive their paycheck in Bitcoin, Ethereum, or any of the 100+ cryptocurrencies available on Coinbase with little to no effort. Users also have the option to receive payments in U.S. Dollars directly to their...

Kryptowährungen sind heutzutage in aller Munde und einem grossen Teil der Schweizer ein Begriff. Was früher in erster Linie den technisch Versierten und sogenannten „Early Adopters“ etwas bedeutet hat, hat mit dem Fortschritt der Digitalisierung zunehmend auch im Alltag der Normalverbraucher Einzug gehalten. Während die Kryptowährungen – allem voran Bitcoin – stetig Schlagzeilen schreiben und neue Rekordwerte erreichen, erfahren nicht nur immer mehr Menschen weltweit von den digitalen...

2021 Global Crypto Adoption Index: Five countries have ranked the highest in cryptocurrency adoption - Vietnam, India, Pakistan, Ukraine and Kenya. 2021 Global Crypto Adoption Index: Five countries have ranked the highest in cryptocurrency adoption – Vietnam, India, Pakistan, Ukraine and Kenya. Report Methodology The report compared the countries‘ cryptocurrency adoption based on three main parameters – on-chain retail value transferred,...

Rosie Rios – 43rd Treasurer of the United States – recently voiced her support for XRP. Meanwhile, she implies that Bitcoin and Ethereum are merely speculative assets by comparison. Rios Backs Ripple The former treasurer tweeted her thoughts yesterday, stating that XRP has a role in facilitating cross-border payments, while the current top cryptocurrencies lack a comparable value proposition. XRP’s primary purpose is facilitating cross border payments while other #Cryptos...

The second-largest ETH mining pool – Sparkpool – has announced that it has halted access to new users in Mainland China. Furthermore, the organization plans to abandon all of its services as of September 30th. Based in Hangzhou, China, Sparkpool is the second-largest Ethereum mining pool responsible for more than 20% of the total hash rate, as the picture below demonstrates. Ethereum Hash Rate Distribution. Source: EtherscanHowever, the company plans to seize all operations...

The cryptocurrency market never ceases to amaze. One of the most popular centralized exchanges – Bitfinex – spent over $23 million worth of fees to send $100K USDT using Ethereum’s network. In what seems to be the most expensive transaction made on Ethereum, Bitfinex, the well-known cryptocurrency exchange, paid over $23M worth of ETH. Interestingly enough, the transaction itself intended to send $100,000 worth of USDT. According to Etherscan, Bitfinex paid a grand total of...

[PRESS RELEASE – Sydney, Australia, 27th September 2021] Immutable X has sold out its CoinList sale of more than $12.5 million USD in IMX tokens in less than one hour, with a record-breaking number of registrants for the platform. The record-breaking sale was held on the same platform which ran the sales for protocols such as Solana, Flow, Efinity, and Dfinity. Over 720,000 unique registered accounts signed up to participate in the sale. Purchases were limited to $100 – $500...

The overall demand for ETH continues to increase with new on-chain data suggesting that the total supply held on exchanges has declined by approximately one-third in the past year alone. As such, less than 20% of all ETH in existence is currently sitting on trading platforms. Investors Withdraw ETH Tokens It’s safe to say that the Ethereum blockchain is arguably the most utilized network in the cryptocurrency space. After all, it’s the home of numerous projects from two of...

Software development company COTI announced a few hours ago the issuance of the first stablecoin designed to run on Cardano. The news was first revealed by Charles Hoskinson, leader of Cardano, and Shahaf Bar-Geffen, CEO of COTI Group, at the Cardano Summit stage in Laramie, Wyoming. The Djed stablecoin will be issued on Cardano and will promote the growth of its nascent ecosystem, especially now that the blockchain is beginning to support smart contracts and markets have...