Bitcoin has remained calm in the past 24 hours, with minor gains towards $11,100. Unlike the primary currency, the altcoin market has seen impressive gains, including yesterday’s birthday project – Ethereum and Chainlink.Although the US economy suffered its worst quarter since the Second World War in terms of GDP results, Wall Street is breaking records, especially in the technology field.Bitcoin: Back to Stability?The primary cryptocurrency remained relatively stable in the past 24 hours....
Read More »45% In 10 Days: Ethereum (ETH) Breaks To A New Yearly High
On its 5th anniversary, Ethereum (ETH) is presenting its holders with a solid gift. Just moments ago, the cryptocurrency surged by more than 5%, thus marking a fresh high for the past year.ETH Gains 45% in 10 DaysThe second-largest cryptocurrency by means of market capitalization surge over 5% less than an hour ago.The price reached around $340 on some exchanges.ETH/USD. Source: TradingViewAs seen in the chart above, ETH marked a new 12-month high. Interestingly enough, the move came not so...
Read More »5th Birthday: Ethereum Miners Rejoice Over High Network Fees
Ethereum has not only surged to its highest price for over a year, it has tapped milestone highs in other on-chain metrics as well. Today is the network’s 5th anniversary.Hash Rates at 20-Month HighETH 1.0 is still proof of work, which means there are still miners seeking profits by producing more blocks. Mining profitability is mostly a product of difficulty and price, and when prices are high, so is profitability.Hash rate is a measure of the computational power on the network, and the...
Read More »ETH Struggles To Break $323, Bearish Reversal Incoming? Ethereum Price Analysis
Ethereum saw a small 1% price fall today as it drops to $318.This comes after four days of ETH trying to break resistance at $323.Against Bitcoin, Ethereum fell from 0.0317 BTC as it reached the support at 0.0284 BTCETH/USD: Bulls Challenged By $323 ResistanceKey Support Levels: $306, $300, $287.Key Resistance Levels: $323, $333, $342.Ethereum has surged immensely since breaking above the previous phase of consolidation at $250 and pushing above $300 to reach as high as $333. However, ETH...
Read More »Augur v2 Is Live: Massive Increase Of Active Addresses During Day One
The launch of the updated Augur v2 betting platform has attracted massive interest from investors. Recent data indicated that the number of active addresses has skyrocketed on the day after the v2 release.Augur V2 Is LiveThe veteran decentralized betting platform allowing customers to place bets on various cryptocurrency-related outcomes Augur launched the second version of its platform on July 28th, 2020. Dubbed Augur v2, it has brought multiple upgrades, including touching upon the ongoing...
Read More »Ethereum Said to Be Best Performing Asset in 2020
The data from Messari shows that all the platforms built on Ethereum have a combined market cap of $63.7 billion. This is nearly 20% of the total market capitalization of the coin.Ethereum has proven to be the most valuable asset class in 2020. This was reported by Messari, the market data aggregator firm. According to them, Ethereum and decentralized apps built on it have shown massive appreciation with a 130% year to date growth.This is coming in the heels of a market slump associated with...
Read More »#936 Ethereum wird 5, Iran erlaubt Kraftwerken Bitcoin Mining & Bitcou Epay Master Debit Karte Gewinner
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 936. Heute sprechen wir über folgende Themen: Ethereum wird 5 – Wohin geht die Reise, Iran erlaubt Kraftwerken Bitcoin Mining & Bitcou Epay Master Debit Karte Gewinner. Die heutige Show wird gesponsert von Bitwala Blockchain Banking – HODLer aufgepasst – Wie wäre es mit bis zu 4,03% auf deine BTC jährlich und 20 Euro Willkommenbonus? Das bietet dir dein persönliches Bitwala Bitcoin Ertragskonto. Jetzt...
Read More »Litecoin (LTC) Price Analysis: Bulls Likely Basing For Next Rally
Litecoin price gained bullish momentum above the $45.00 and $50.00 resistance levels against the US Dollar.LTC price traded to a new monthly high at $58.07 and settled above the 55 simple moving average (4-hours).There is a short-term contracting triangle forming with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could start a fresh rally if it clears the $55.50 and $56.00 resistance levels in the near term.Litecoin price is trading in a...
Read More »Bitcoin Cash Price Analysis: BCH Follows Suit With a Strong Move to $294
Following a steady recovery from $216, Bitcoin Cash pushed above the crucial $280 level with 25% gains in 7 days. Against Bitcoin, the price continues to remain in a consolidation phase after three months decline. BCH/USD: BCH Waiting After A Slight Breakout Key Resistance Levels: $352, $409, $428 Key Support Levels: $280, $258, $245 BCH/USD. Source: TradingViewFollowing the massive surge in Bitcoin’s and Ethereum’s price, Bitcoin Cash has also seen decent growth over the...
Read More »ETH Network Turns 5, Vitalik Buterin Warns DeFi Users Are ‘Underestimating Smart Contract Risk’
Ethereum went live five years ago changing the entire blockchain and crypto sector with developers envisioning a new form of money and social interactions and it has so far revolutionized the nascent industry.Five years ago, an ambitious project went live. The ETH network changed the landscape of the crypto and blockchain sector. The developers envisioned a world computer era that would change money and social interactions significantly. It was designed to push boundaries of what might be...
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