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Ethereum (ETH)

US Congressman from Alabama Adds Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE) to Crypto Portfolio

As per the recent disclosure under the 2012 Stock Act, Barry Moore’s crypto holdings stand anywhere between $5000-$75,000.Lawmakers from the US are warming up to cryptocurrencies so much so that they have started adding altcoins to their crypto portfolios. Barry Moore, the US congressman from Alabama revealed his latest crypto purchases in a disclose.The filing notes that the Alabama congressman added Ethereum (ETH), Cardano (ADA), and Dogecoin (DOGE) to his crypto portfolio. The disclosure...

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June Saw Profits for Crypto Miners Take Heavy Dips

The month of June marked a turning point for the world of crypto and bitcoin mining, and it looks like revenue for miners has begun to slip. Crypto Miners Are Losing Out On Funds Both bitcoin and Ethereum miners reported a drop in earnings throughout June 2021. Profits fell by as much as 42 percent from May, which saw those involved in extracting new units garner a whopping $1.45 billion in crypto-based profit. By contrast, June only produced $839 million in profit for...

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Sygnum Becomes The First Bank to Offer Ethereum 2.0 Staking 

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...

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Ethereum Could Flip Bitcoin in 2 Years While Gaining 40% More

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...

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Ethereum Price Analysis: ETH Forming a Rising Wedge – is $2000 Retest Incoming?

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,...

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Ethereum Price Analysis: ETH Reaches Key Juncture Near $2,200

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...

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IBC Group Plans to Relocate BTC Mining Facilities Out of China to the US, Canada, and More

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...

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There Are Now More Ethereum Addresses Than BTC Addresses

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...

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Ethereum London Hard Fork Gets New August Date

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...

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Le groupe hôtelier « The Pavilions Hotels & Resorts » accepte les cryptomonnaies

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...

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