Ethereum (ETH)

A recent survey compiled by the cryptocurrency exchange BitMax indicates that the Japanese are quite fond of Ripple (XRP). Having to choose which their favorite digital asset is, most participants placed XRP close to Bitcoin and well above Ethereum.Japan Adores Ripple (XRP)The popular Japanese exchange posted the survey on Twitter to check among its followers which are their most preferred cryptocurrencies.BitMax Cryptocurrency Survey. Source: BitMaxSomewhat expectedly, the largest...

Ethereum price is recovering nicely from the $218 support zone against the US Dollar.ETH price must break the $235 resistance zone to continue higher in the near term.There is a key bearish trend line forming with resistance near $235 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $235 resistance or it might restart its decline below $225.Ethereum price is attempting a key upside break above $235 and $240 against the US Dollar. ETH/USD is likely to...

The mining pool, which processed a mysterious Ethereum transfer carrying a needlessly excessive $2.6 million transaction fee, has announced it will distribute the millions among its miners.Bitfly, which operates the Ethermine mining pool, announced the decision on Monday, stating that four days is long enough for someone to have come to claim it.Miners Will Keep $2.6 Million Ethereum FeeAs announced by BitFly via Twitter on June 15:As the sender of the transaction https://t.co/h21A2Th4fw has...

The creators of blockchain gaming universe, Kronoverse, have explained the reasoning behind their migration from Ethereum (ETH) to Bitcoin SV (BSV).According to a recent official blog post, the Kronoverse team said that it could no longer wait for the much-anticipated arrival of Ethereum 2.0 to solve its pressing scaling problems.Kronoverse Can’t Wait for Eth 2.0The Kronoverse aims to become an interconnected metaverse of numerous disparate blockchain games. Previously to be built on the...

ETH is far from “dead,” but over recent months, its performance has left some wondering if the cryptocurrency will ever experience gains similar to those seen in 2017 and in 2018.The price of the second-biggest cryptocurrency Ethereum price plunged under $230 in spite of having a nice recovery from last week’s low at $225, meanwhile, Bitcoin is also in red. The upside was capped at $240 mostly by a decreasing trendline resistance and the 100 SMA in the 1-hour range.The price went above the 50...

As the date for the release of Ethereum 2.0 draws near, the relevance of Ethereum miners post ETH upgrade remains a subject of debate.Are some folks about to be out of business? There is so much anticipation surrounding the ETH community with respect to the release of Ethereum 2.0. This anticipation is spiking uncertainty in the relevance of Ethereum miners and what their role in the community will be post Ethereum 2.0 release. A peek at the concept with which the new version of Ethereum is...

The average time required to confirm a Bitcoin transaction has plunged significantly in the past month. Simultaneously, the average transaction fees continue to drop after reaching yearly-high following the 2020 halving.BTC Average Transaction Time PlungesData provided by Blockchain.com shows that the average time needed for a BTC transaction to be included in a mined block and added to the public ledger has experienced a massive decrease since mid-May.BTC Transactions Average Confirmation...

Buying shares of Grayscale’s Ethereum Trust would require investors to pay a premium upwards of 750% compared to ETH’s current market price.ETH Sold For More Than $2000 On GrayscaleGrayscale is a company that provides institutional investors with exposure to the price of cryptocurrencies such as Bitcoin and Ethereum through their trust products.The company’s Ethereum Trust is currently selling shares of ETH, where one share represents 0.09395466 ETH. In other words, for one to own a full ETH,...

Ethereum dropped by a total of around 1.5% today as it falls to the $235 level.The next level for ETH to break and start a bullish push lies at $250.Against Bitcoin, Ethereum still needs to break the strong resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $205.Resistance: $250, $265, $274.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0235 BTC.Resistance: 0.0253 BTC, 0.026 BTC, 0.0263 BTC.ETH/USD – Ethereum Losing Battle At $250.Ethereum remains below $250...

Charles Hoskinson, the co-founder of Input Output Hong Kong (IOHK), is getting increasingly upset for being associated with another project he co-founded – Ethereum.Hoskinson Doesn’t Like Being Called Co-Founder of EthereumIn a recent Twitter post, the co-founder of Input Output Hong Kong said that he doesn’t want people to refer to him as the co-founder of Ethereum.“Could you guys just once refer to me as the CEO of IOHK and a founder of Cardano? Honestly, no more interviews if you keep...