Ethereum (ETH)

Switzerland’s Sygnum Bank announced that its customers could use its institutional-grade banking platform to stake ETH for Ethereum 2.0 from their existing wallets. Sygnum’s Pioneering Move Sygnum revealed that it intends to become the first banking institution to provide Ethereum 2.0 staking. In doing so, its clients may be able to earn returns of up to 7 percent per annum (at current estimations). The bank, which is both Swiss- and Singapore-based, announced that staking...

Mashinsky says Bitcoin is best held as a store of value, while Ether’s primary use is yield farming.  Bitcoin, the world’s leading digital asset, has begun to lose its market dominance to Ethereum, this view was shared recently by the CEO of Celsius Network Alex Mashinsky during a recent interview with Kitco News.Per data from Coinmarketcap, Bitcoin’s market dominance stands at around 44% while that of Ethereum has risen to approximately 19%. ETH Is Already Flipping BTCAccording to...

ETH/USD – Ether Forms Short Term Rising Wedge Key Support Levels: $2200, $2100, $2035 – $2000.Key Resistance Levels: $2340, $2400, $2440. Ethereum has seen a promising start to July as it breaks above the 20-day MA and heads above $2200. The cryptocurrency now faces resistance at $2340, provided by a .236 Fib Retracement, and is trading above a rising trend line. The rising trend line also forms the lower angle of a rising wedge formation on the 4-hour chart. Typically,...

Ethereum price gained pace above the $2,100 and $2,200 resistance levels against the US Dollar. ETH price is now trading well above $2,100 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,200 on the 4-hours chart (data feed from Coinbase). The pair could either decline heavily or it might start a fresh increase above $2,300 in the near term. Ethereum price is struggling to hold gains above $2,200 against the US...

The investment firm IBC Group, which has significant cryptocurrency mining operations in China, announced its intentions to close down all its Bitcoin and Ethereum mining facilities throughout the country. Instead, the organization plans to move its workers to Canada, the USA, the UAE, Kazakhstan, Iceland, and numerous South American nations. IBC Group Leaves China As a result of the crackdown on cryptocurrency mining launched by the Chinese government, the majority of the...

For the first time in the history of the crypto space, Ethereum addresses have taken over bitcoin addresses, suggesting that the altcoin is becoming far more popular and prominent than its daddy. Ethereum Addresses Now Outweigh Those of BTC Ethereum is the number two cryptocurrency in the world. It is bitcoin’s primary competitor and for the past six years, has often been less featured than BTC when it comes to price, size, and scope, but now – according to data from...

As people look out for the long-expected hardfork with the EIP-1559 upgrade for ETH at the end of the week, there is every possibility that it could be postponed. The founder of EthHub, Anthony Sassano, in a tweet revealed the possibility of discussing and disclosing the mainnets date for the London upgrade for Ethereum, known as EIP-1559, during this week’s Ethereum Core Development meeting which is set to hold on Friday.Sassano wrote in his tweet that, “The mainnet date/block number for...

Le groupe hôtelier The Pavilions Hotels & Resorts, qui possède une quinzaine d’établissements à travers le monde, accepte désormais les cryptomonnaies. « The Pavilions Hotels & Resorts améliore l’expérience de ses clients en devenant le premier groupe mondial d’hôtels de charme à accepter les cryptomonnaies depuis n’importe quel pays pour les réservations d’hôtel, entrainant l’industrie du...

The number of ether coins held on exchanges continues to decrease and has reached its lowest position in more than two years. This comes as the tokens sent to the ETH 2.0 contract reached a new all-time high of over six million. ETH on Exchanges Down to a 2.5Y Low According to data from CryptoQuant, the ETH reserves on centralized exchanges had seen a massive drop in the past several days and especially after the mid-May market crash when investors rushed to deposit their...

According to Williams, by supporting ICP in Badlands Network Nervous Systems, they will be able to target two networks originating from a single blockchain.The founder and the creator of Dfinity and Internet Computer, Dominic Williams has announced an extension to ICP using Badlands. The news arrives a couple of days after the founder was observed posting several tweets on the vitality of Badlands technology.ICP, which is a cryptocurrency developed by a non-profit, Zurich-based organization...