Ethereum (ETH)

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...

The CEO is much bullish on the transition to Ethereum 2.0 Proof-of-Stake (PoS) blockchain along with the rise of the DeFi market.The Bitcoin (BTC) vs Ethereum (ETH) debate gets intense. This year, a large number of institutional players have extended their support for Ethereum. With the Ethereum hardfork just two days away, Pantera Capital CEO Dan Morehead predicts that ETH will outpace BTC as the largest cryptocurrency.On Monday, August 2, speaking to the Reuters Global Markets Forum,...

Ethereum price extended its increase above the $2,500 resistance against the US Dollar. ETH price is now trading well above $2,400 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,520 on the 4-hours chart (data feed from Coinbase). The pair is consolidating gains and it might start a fresh increase above $2,600. Ethereum price is showing positive signs above $2,400 against the US Dollar. ETH/USD must stay above...

[PRESS RELEASE – Please Read Disclaimer] It has been an exciting year for FUN Token: In January, the unassuming ERC-20 token was given a new lease of life by a Bitcoin casino with over 46 million users. Since then, FUN has gone from strength to strength in its quest to bring decentralized gaming to the masses. Let’s take a brief look at its journey. 2021: The Year of FUN Token Conceived and created in 2017 by FunFair Technologies, FUN Token boasted a unique vision:...

ETH/USD – Ether Hits $2600 After Breaking 100-day MA Key Support Levels: $2545, $2400, $2320.Key Resistance Levels: $2725, $2890, $3000. Etheruem saw an incredible 18% surge this week as it climbs inside the confines of an ascending price channel. The cryptocurrency broke above a descending trend line toward the end of last week and pushed above the 100-day MA level yesterday to hit $2600 today. ETH did surge as high as $2700 yesterday, allowing the coin to set a new high not...

Few experienced analysts would argue that Decentralized Finance (DeFi) has lately been on a rocky path. Unstable rates, numerous marketplace adjustments, and creative destruction are weeding out the weakest participants in the sector while strengthening the leadership of intellectuals. Furthermore, KICK.IO, a decentralized fundraising platform based on the Cardano Network, has seen a great opportunity during the chaos. Although Ethereum, the DeFi industry’s behemoth,...

Though the Justice Department declined to comment for the article, Bloomberg was able to report last week that the DOJ is investigating U.S. banks and the backers of popular stablecoin USDT. There is some ongoing speculation about how this might affect bitcoin’s price. What’s Supposedly Going on With Tether and the DOJ? The Justice Department is reportedly seeking to determine the extent of U.S. banks’ knowledge of Tether Limited’s business and the prolific use of its...

The bitcoin bulls continued their offensive in the past 24 hours as the asset reached yet another 2-month high of over $42,500. Most alternative coins have outperformed their leader, including ETH, BNB, and DOT, which has jumped by more than 16% in a day. Green Altcoins; DOT Adds 16% of Value The altcoins were relatively stagnant yesterday, but the situation is significantly different today. Ethereum traded around $2,450, but a 6% increase has driven it to approximately...

The financial institution Wealthfront announced it would expand its menu of digital asset investments by including Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). Additionally, the company would provide more solutions to its customers with cryptocurrencies different than BTC and ETH. Wealthfront Customers Can Now Invest in GBTC and ETHE The California-based investment provider Wealthfront with more than $25 billion in assets under management, revealed in a...