Ethereum (ETH)

Recent research has indicated that Ethereum has ‘blown past Bitcoin’ in terms of daily settlement value, which is a testament to how much economic activity has increased on the network.Ethereum Beats Bitcoin on Economic ActivityMessari researcher, Ryan Watkins, recently posted his findings stating that a quarter ago, Ethereum had just about reached parity with Bitcoin in Daily settlement value. A quarter later, Ethereum has blown past Bitcoin.Zooming in on Ethereum, in Q1 Ethereum had just...

Ethereum price extended its decline below $235 and tested $230 against the US Dollar.ETH price is currently recovering and trading well above the $232 support zone.There is a major bearish trend line forming with resistance near $238 on the 4-hours chart (data feed from Coinbase).The pair could start a strong increase if it clears the $238 and $240 resistance levels.Ethereum price is holding the $232 and $230 support levels against the US Dollar. ETH/USD must surpass the $240 barrier to...

Bitcoin had another disappointing week providing a negative weekly return of 1.60%.Bitcoin Spends Another Week On the Cusp of a BreakoutBitcoin had another disappointing week providing a negative weekly return of 1.60%. Even though the flagship cryptocurrency entered Monday, July 13th, on a good posture by rising to a high of $9,345, the bears took full control of the price action. By the end of the day, BTC was trading at $9,224, roughly 0.82% lower than the weekly open.The selling pressure...

Ethereum increased by a small 1.62% over the past 24 hours as it reached $238.The cryptocurrency remained above a rising trend line this weekend, which kept the uptrend intact.Against Bitcoin, Ethereum rebounded from the 0.0253 BTC level to reach 0.026 BTC today.ETH/USD: Bulls Defend Rising Trend Line To Keep Bull Run AliveKey Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Last week, ETH dropped from the $245 resistance, which caused it to fall into the rising support...

Back in May 2020, investors in cryptocurrencies were seeing first-hand the risks involved in the market. However, at the time, BTCS (OTCQB: BTCS) was accruing value for its shareholders with well-timed cryptocurrency purchases that resulted in its cryptocurrency asset under management (AUM) growing to reach $1.02 million at the end of June 2020.Given the volatility of cryptocurrency prices, investors need to take particular care when selecting a crypto company. Below are three important...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 928. Heute sprechen wir über folgende Themen: Indikator zeigt, dass die langweilige Bitcoin-Preisaktion ein Ende nehmen wird, ERC 20 Token 50% von ETH & Binance Malaysia Ärger. 1.) Indikator zeigt, dass die langweilige Bitcoin-Preisaktion ein Ende nehmen wirdhttps://coincierge.de/2020/indikator-zeigt-dass-die-langweilige-bitcoin-preisaktion-ein-ende-nehmen-wird/ 2.) ERC-20 Tokens Make up About 50% of Entire...

Proof of Work, a consensus mechanism, has proved to be the backbone of some of the leading and widely-adopted blockchain networks. These include Ethereum, Litecoin, and, of course, Bitcoin.Many from the blockchain industry have wondered how come Proof of Work (PoW) remained so resilient over all these years. Some are even baffled by its resilience as it has withstood a long list of challenges like growth, performance, and security issues over the years.Key Takeaways From 5 Years of PoWThe...

Phase 0 of Ethereum 2.0 has been running full nodes on the Topaz testnet for months. However, the first block on the highly anticipated Beacon Chain has been mined and validated in mid-April. The first testnet was called Sapphire, and it was a scaled-down version that successfully tested smaller 3.2 ETH deposits.Topaz went live with testing full 32 ETH nodes in May, and the Onyx testnet was launched in mid-June. According to Prysmatic Labs, who have been conducting a lot of the testing, Onyx...

BitcoinBitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern.Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the triangle.BTC can be considered directionless (neutral) until a breakout occurs from this triangle. If it breaks toward the upside, then BTC can be expected to head back to the...

The highly anticipated upgrade from ETH 1.0 to ETH 2.0 has been in the pipeline for a couple of years now. The initial phase, Beacon Chain, has been running full nodes on testnet since May, and staking rewards are being paid out to validators testing the new platform.The mainnet launch is unlikely to happen until later this year at best or even early 2021. A recent report has taken a deep dive into the economics of ETH 2.0, and it appears that many holders of the world’s second-largest...