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Ethereum (ETH)

Is There a Potential Link Between BTC, Facebook and Tesla?

When it comes to Facebook, bitcoin and Tesla, the three entities all seem to share a connection of sorts. Bitcoin is the primary cryptocurrency created in 2008. It has led to the creation of other digital currencies such as Ethereum, Ripple and EOS to name a few.Facebook and Tesla and BTC: What Connects Them?When it comes to Facebook and bitcoin and the relationship that those two entities share, Facebook has clearly been inspired by bitcoin and the crypto space to create its own digital...

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DeFi Tokens Are Becoming Quite Popular in India

Over the past few days, Live Bitcoin News has discussed the fact that India may be entering its second crypto lockdown. This time, however, regulators are looking to do more than just ban regular banks and financial firms from doing business with crypto enterprises. They’re looking to ensure nobody – and we mean nobody – can ever trade, buy or sell digital currency units again.India Is Turning to DeFi for Its Crypto NeedsThey’re talking about an entire bitcoin ban. At the time of writing,...

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Hong Kong Picks Consensys for Phase Two of Project Inthanon-LionRock

Hong Kong’s pick of ConsenSys for phase two of its proposed cross-border payment system is a recognition of ConsenSys stride in the blockchain space.The Hong Kong Monetary Authority (HKMA) has selected Ethereum development studio ConsenSys, as the trusted partner for the Phase 2 of its Project Inthanon-LionRock, the country’s equivalent of a Central Bank Digital Currency (CBDC). According to ConsenSys, the award involves a cross-border payment network study project, which would be done in...

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Covalent Is Organizing Ethereum Data to Enable Widespread Adoption

A growing number of organisations across multiple industries have expressed interest in adopting blockchain technology in their operations. This increasing desire is driven by the will to leverage the benefits of this technology that have been increasingly publicised. Blockchains can help organisations improve efficiency, streamline operations, enhance speed, and cut costs among other benefits.The concerted efforts to raise awareness about the importance of blockchain technology and mounting...

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Cryptocurrency: Tips on Trading Picks

Read this article to learn more about cryptocurrencies and trading as we’ll share our top tips.The cryptocurrency market is decentralized, meaning it is not backed by a central authority like a government or a central bank. It first appeared in 2009 after the introduction of Bitcoin, and it runs across a network of computers as cryptocurrencies are stored on the blockchain and exist only as a digital record. Today, there are multiple cryptocurrency markets as the industry continues to grow...

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Bitcoin Continues Bearish, Ethereum Breaks below Key Support

The flagship cryptocurrency continued on a downswing on Tuesday.The BTC/USD pair started the trading day with a moderate decline toward $10,400 off the open at $10,537. Later on, the price recovered the loss, having bounced up to $10,560 at midday, but being pressured by a local resistance level on the hourly chart, the price slipped lower under the bear sentiment and below the local at around $10,440 in the evening hours of the day. Near 21:00 UTC Bitcoin slipped to $10,150, where the 0.618...

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Wie funktioniert das Mining

Viele Benutzer wollen es wissen, wie das Mining eigentlich funktioniert. Heutzutage gibt es dafür genügend Möglichkeiten, und wer mit dem Mining gutes Geld verdienen will, kann dies tun, ohne sein Haus zu verlassen. Mining – was versteht man darunter? Mining bedeutet die Erstellung digitaler Münzen mit speziellen Algorithmen. Auf dem PC wird ein Block erstellt, mit dem die Echtheit von Zahlungsvorgängen bestätigt werden soll. Jeder neue Block repräsentiert den Header des...

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Litecoin (LTC) Price Analysis: Upsides Likely To Be Capped Above $45

Litecoin price extended its decline below the $46.00 support zone against the US Dollar.LTC price traded as low as $41.69 and settled well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $46.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face a strong selling interest near the $46.00 and $46.50 levels in the near term.Litecoin price is currently trading in a bearish zone below the $46.00...

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The Ethereum Blockchain Keeps Losing Developers Over High Costs

It looks like Ethereum is seeing its reputation suffer due to the growing number of fees on its blockchain. As a result, several projects are looking to other systems through which they can establish themselves.Ethereum Is Losing Customers Left and RightEthereum is the second largest cryptocurrency by market cap and the number one competitor to bitcoin. While it’s not as large a coin or as popular, its blockchain has garnered quite a bit of business over the years given its smart contracts...

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CoinGecko: 23% Participate In Yield Farming But 40% Can’t Read Smart Contracts

Despite the growing DeFi craze in the past few months, a recent survey compiled by CoinGecko revealed that just 23% participate actively in some form of yield farming. However, many of the farmers answered that they don’t know how to read smart contracts but were enjoying high ROIs.Yield Farming Is A Growing TrendThis year can be safely categorized as the decentralized finance (DeFi) boom. The rapid explosion of its popularity could be attributed to some extent to yield farming – the process...

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