Todd Morley – co-founder of Guggenheim Partners and chairman of the blockchain project Overline – said that Ethereum has ”much higher utility” than Bitcoin. Additionally, he outlined ETH’s rapid development progress. ETH Is More Than a ‘Thing’ In a recent Bloomberg interview, Todd Morley – a former executive of the global investment company Guggenheim Partners – compared the utilization of the networks behind the top two digital assets. However, he was short-spoken about...
Read More »Virtue Poker Announces Integration of Funfair Wallet for Players of Decentralized Poker
[PRESS RELEASE – Ta’ Xbiex, Malta, 25th May 2021] Virtue Poker, an Ethereum-based decentralized poker platform has chosen the FunFair Wallet, FunFair Technologies non-custodial wallet solution to power their new MGA licensed poker dapp. Particularly strong for acquisition, the wallet integration allows users to sign up to the Virtue Poker platform effortlessly without leaving the Virtue Poker dapp. Within the dapp itself, FunFairs solution enables users to create their...
Read More »Ethereum More On Point Compared to Bitcoin, Remarks Todd Morley, Guggenheim’s Co-founder
Ethereum gives a higher utility when compared to Bitcoin. Ethereum has earned global recognition, thanks to its momentous growth, evidenced by the introduction of smart contracts, NFTs, and yield farming.According to Todd Morley, a former investment partner and co-founder at Guggenheim, Ethereum is much better than Bitcoin as it can be utilized in many ways. In his own words, he stated that “Ethereum has higher utility than Bitcoin”. In an interview on Monday, he said Bitcoin was a thing....
Read More »Ethereum Price Analysis: ETH is Facing Uphill Task Near $3K
Ethereum price declined below $2,000 before starting an upside correction against the US Dollar. ETH price is still below $3,500 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3,000 on the 4-hours chart (data feed from Coinbase). The pair must clear the main $3,000 resistance to start a fresh increase in the near term. Ethereum price started an upside correction from the $1,750 zone against the US Dollar....
Read More »Vitalik Buterin Responds to Elon Musk on Why His Intention to Scale Crypto 10x Is Flawed
Ethereum (ETH) Co-founder Vitalik Buterin had some words for Elon Musk after posting on Twitter that Dogecoin could increase its block size by 900%. Vitalik had several counterarguments for Musk’s claims in a paper published on his personal blog. He emphasised that scalability and higher throughput can be achieved by simply increasing the network’s parameters. However, this could compromise the system to extreme centralisation and completely flip a blockchain’s original...
Read More »RemiBit: Industry-Leading Gateway to Accept Crypto Payments
Setting up RemiBit is easy, and merchants can fully register their businesses and get their accounts up and running within ten minutes.Remibit is a blockchain payment gateway solution that enables businesses to invoice, send, store and accept crypto payments globally. The crypto payment solution has emerged as a popular option for merchants in recent weeks due to its easy setup procedure and non-custodial philosophy.Merchants can accept payments in some of the most popular cryptocurrencies...
Read More »CryptoTrunks to Mitigate Environmental Impact by Temporarily Halting Eco NFT Project
Crypto Trunks’ environmental impact coupled with high Ethereum gas fees fueled the project closure.CryptoTrunks, a non-fungible token (NFT) project that allows crypto holders to mint NFT trees, closed down only two days after being launched. The project’s primary goal was to display the impact cryptos have to the environment. Simply put, the bigger your crypto wallet, the more Environmental heartache you’ve brought to the world, this ultimately leaves you with a bigger, if not the biggest...
Read More »4 Signals That the Bitcoin Crash Might Soon Reach a Local Bottom
A bullish case isn’t on many people’s minds – but signs are cropping up that Bitcoin may indeed be headed for a trend reversal. Here are some signs explaining why BTC might be overdue for a renewed uptick. Bitcoin reached its all-time high of almost $65K on April 14, 2021, a little over a month ago. However, over the past 10 days the price violently broke down from the $50K mark and even reached $30K last Wednesday. Bearish sentiment affected the whole crypto market, as...
Read More »$1.2 Billion Liquidated As Bitcoin Sees 15% Price Collapse In 24 Hours
Bitcoin chopped downwards today towards $31K, looking to retest local lows made earlier in the week just around the $30K mark, according to Bitstamp. According to data from Bybt, over the past 12 hours the crypto markets saw liquidations of over $1.2 Billion in trader positions. As of writing these lines, BTC price is decreasing 15% over the past 24 hours, whereas major altcoins were hit even harder, with ETH down 21% to a current daily low of $1730, XRP down 24% to $0.65 –...
Read More »Ethereum Price Analysis: ETH Fighting Over $2000 After Crashing 55% In 11 Days
ETH/USD: Is Ethereum Losing The $2K Mark? Key Support Levels: $1,888, $1,800, $1,625. Key Resistance Levels: $2,000, $2,275, $2,400, $2,800. ETH is down by a steep 55% over the past eleven days, the day ETH saw its all-time high around $4,400, as the coin dropped beneath $2,000 earlier today. The cryptocurrency suffered a steep decline on Wednesday during the cryptocurrency market crash as it dropped from over $3,400 to reach as low as $2,036, according to Bitstamp. Despite...
Read More »