Ethereum (ETH)

Recent data indicates that Ethereum miners prefer holding their mined coins and have increased their balance in the past few weeks. At the same time, the number of ETH addresses containing from 100,000 to 1,000,000 coins have jumped by nearly 5% in June alone.Ethereum Miners HODLBecause of the current proof-of-work consensus algorithm that Ethereum employs, the network relies on miners to use their time and processing power to solve cryptographically difficult puzzles. If successful, miners...

Bitcoin and alternative cryptocurrencies have become largely correlated over the past couple of years. Whenever there’s a serious move in the price of BTC, altcoins are almost always following the lead.A well-known startup investor and trader, Qiao Wang, took the opportunity to comment on the matter, outlining the reason for this correlation.Why Bitcoin and Alts Are Correlated?According to the specialist, the correlation between Bitcoin and alternative cryptocurrencies has a lot to do with...

Vitalik Buterin, the co-founder of Ethereum, has recently stated that interest rates on decentralized finance protocols that are significantly higher compared to those in traditional finance come with unstated risks attached.Vitalik Buterin on High DeFi Interest RatesThe co-founder of Ethereum and one of the most prominent members of the cryptocurrency community, Vitalik Buterin, recently took it to Twitter to comment on high yields and interest rates associated with Decentralized Finance...

Civic Technologies – a startup based in San Francisco – is developing a new blockchain application that will allow people to prove to their employees that they don’t have COVID-19.Civic Technologies Looks to Blockchain to Battle CoronavirusCOVID-19 – or the coronavirus, as its more commonly called – first came about in December of 2019. Developed allegedly in a Chinese lab, the virus spread like mad throughout several regions of the world including Europe, the United States and other parts of...

BitcoinBitcoin saw a period of sideways movement over the past week as it dropped by a small 0.5%. The cryptocurrency has pretty much traded between $9,600 and $9,200 over the past seven days as it remains above the rising trend line support.So long as BTC can continue above this rising trend line, the bullish trend would be intact.Looking ahead, if the buyers push above $9,600, the first two levels of resistance lie at $9,815 and $10,000. Above this, additional resistance is found at $10,226...

Das auf der Blockchain beruhende Casino Fairspin ist das erste Onlinecasino, bei dem klassisches Glücksspiel und die Blockchain-Technologie miteinander verknüpft werden. Durch die Integration der Ethereum-Blockchain werden sämtliche Transaktionen beim Spielen als TPLAY-Token im ERC20-Standard gespeichert. Aktuell stehen Spielern über 2000 Spiele von 12 weltbekannten Anbietern zur Auswahl. Diese sind NetEnt, Microgaming, Booongo, iSoftBet, Betsoft, PG SOFT, Spinomenal, Play’n...

Ethereum dropped by a small 1% over the past 24 hours as it fell to $232.The cryptocurrency is still trading above a rising trend line that has been in play since mid-March 2020.Against Bitcoin, Ethereum found support at 0.0243 BTC as it looks to tackle 0.025 BTC again.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $245, $250, $265.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0235 BTC.Resistance: 0.025 BTC, 0.0253 BTC, 0.026 BTC.ETH/USD: Ethereum Bullish...

The Fairspin blockchain casino is the first online casino to combine classic gambling and blockchain. With the integration of the TruePlay platform, Fairspin stores all gaming transactions in TPLAY tokens of the ERC20 standard. Players can check all deposits and withdrawals in blockchain explorers with the anonymity being saved.In May, Fairspin added new providers, launched tournaments by Booongo and Playson, reported top winnings, and shared a profile of an average blockchain casino...

The prediction cited by Buterin was anticipating a supply of 150.8 million Ethereum five years out. Still, the actual supply today is only 111.3 million.Ethereum (ETH) creator Vitalik Buterin tweeted today that the amount of this cryptocurrency is 40 million less today than what was predicted in the original whitepaper. Buterin said he believes the situation with the current supply contradicts the theory that Ethereum is run by inflationist technocrats.ETH supply that the whitepaper says we...

The French video game company Ubisoft just launched an Ethereum-based collectible game called Rabbid Tokens. All profits of the new game will be donated to causes, supported by the United Nations Children’s Fund (UNICEF)Raving Rabbids To The RescueEveryone who has ever played 5 minutes of the game knows it’s insanely fun and captivating. At least for kids from 5 to 50. In this case, the highly popular video game characters are the main incentive for collecting financial support for a greater...