Ethereum (ETH)

Reddit is introducing a new points system that could potentially give “good actors” Ethereum-based crypto rewards.Reddit Looks to Partner with EthereumWhat’s interesting about this story is that Reddit was once a longtime agent of bitcoin, the world’s number one cryptocurrency by market cap and the primary competitor to Ethereum, which stands as only the second most powerful cryptocurrency after BTC. However, the bitcoin subreddit appears to be deliberately ignoring the price of bitcoin in...

Binance has launched a new crypto asset pegged 1:1 to Ontology called ONT-33D on its DEX using its new BEP2 standard. Binance plans to issue about 1.5 million ONT-pegged tokens and will continue to mint more in response to market demands. Binance’s Focus On Increasing Wrapped Assets Binance has recently focused on its DEX as one of the main core use cases of its Binance chain. The DEX currently boasts a trading volume of $400,730 over the past 24 hours. Binance could be taking a page out of...

We are now one step closer to the launch of the latest version of Ethereum, ETH 2.0, that is expected to be faster and more scalable than the existing network.Towards the launch of Ethereum 2.0, the first successful mining and validation of a block on a testnet occurred on Friday. Ethereum 2.0 is set to replace the computationally-intensive proof-of-work consensus mechanism for a proof-of-stake one.Large Ethereum holders are hence going to be rewarded for verifying transactions under the new...

DForce DeFi Protocol was recently hacked and up to $25 million of customers’ crypto in Bitcoin and Ethereum was lost due to an entirely-known exploit that exists on an ETH token.On April 19, the decentralized finance (DeFi) Prime explorer discovered strange activity on the dForce multi-purpose protocol. It soon became relatively clear that the China-based Defi protocol’s funds were wiped out entirely. Up to 25 million dollars of customers’ crypto was lost due to an entirely-known exploit that...

Ethereum saw a small 2.6% price fall today as the cryptocurrency drops into the $175 region. Before this, ETH managed to increase by a total of 16.8% over the past week as it reached an April high of $190. Against Bitcoin, Ethereum also created a fresh high for April around the 0.026 BTC level. Key Support & Resistance Levels ETH/USD:Support: $175, $171, $165.Resistance: $180, $188, $194.ETH/BTC:Support: 0.025 BTC, 0.0247 BTC, 0.024 BTC.Resistance: 0.0259 BTC, 0.0263 BTC, 0.027 BTC....

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 864. Heute sprechen wir über folgende Themen: 25 Millionen Ethereum DeFi Hack bei Lendf und dForce, Drei Anzeichen für einen bevorstehenden Absturz von Bitcoin & Bitcoin Kurzfilm. 1.) Ethereum DeFi Hack bei Lendf und dForce – 25 Mio. USD in ETH und BTC weghttps://cryptomonday.de/ethereum-defi-hack-bei-lendf-und-dforce-25-mio-usd-in-eth-und-btc-weg/ 2.) Drei Anzeichen für einen bevorstehenden Absturz von...

The popular cryptocurrency data aggregator, CoinGecko, reviewed the events in the digital asset market in Q1 2020. According to the report shared with CryptoPotato, Bitcoin ultimately ended up losing 11% of its value, but some altcoins and stablecoins managed to record gains and decreased BTC’s dominance.  Bitcoin’s Q1 Data The unexpected outbreak of the COVID-19 pandemic put pressure on most financial markets, including cryptocurrencies. With the violent price fluctuations in Q1 2020, most...

At the time of writing, several cryptocurrencies are showing new signs of life. Bitcoin, for example, is once again trading above $7,000 for the second time this month.Bitcoin Has Broken $7K AgainIn addition to BTC’s sudden burst, Ethereum is trading for $170, while other major coins – such as Ripple and Litecoin – have also shot up. For the most part, the cryptocurrency industry appears to be on a path of recovery along with stocks as the Dow Jones has shot up more than 400 points since...

Ethereum witnessed a 7% price increase today as the cryptocurrency reaches the $182. Three days ago, Ethereum surged over 15% from the $150 level to reach the April resistance at $175. Against Bitcoin, Ethereum is performing very well after creating a fresh April high at 0.0247 BTC. Key Support & Resistance Levels ETH/USD:Support: $165, $155, $150.Resistance: $187, $194, $200.ETH/BTC:Support: 0.0239 BTC, 0.0229 BTC, 0.0224 BTC.Resistance: 0.0247 BTC, 0.025 BTC, 0.0259 BTC. ETH/USD –...

One of the world’s leading cryptocurrency asset management companies, Grayscale Investments, has registered its strongest quarter to date. Despite the violent price developments in the market, the firm has raised over $500m, and its 12-month product inflow crossed the $1b mark for the first time. Grayscale On The Rise According to the quarterly report published earlier this week, the company saw inflows of  $503.7 million over the past three months. The number is nearly twice as much...