Ethereum (ETH)

The total value transferred on the Ethereum network reached full parity with Bitcoin last week. It’s mainly due to the increasing role of stablecoins in the market as they are responsible for 80% of all transactions on the Ethereum blockchain. Ethereum Network Transfer Value Parity With Bitcoin A publication revealed by Ryan Watkins, a researcher in the cryptocurrency intelligence firm Messari, showcased the comparison in transferred value on Ethereum and Bitcoin. Transferred Value On...

Binance community proposes the idea of a parallel blockchain to the current Binance chain, called Binance Smart Chain, which will offer better smart contract functionality.Through the official webpage, Binance unveiled a whitepaper detailing a mastermind idea of a parallel blockchain to the current Binance chain, called Binance Smart Chain, which will provide developers with fast and scalable smart contract functionality.The release has been seen as a huge competitor to the Ethereum...

FTX derivatives exchange launched early 2019 with more than $400 million worth of daily trading volume, has recently announced plans for a new product: the BVOL tokens, which will be available to non-U.S. users. The new tokens are ERC20-based tokens that attempt to track the volatility of the crypto markets through exposure to the FTX MOVE contracts that represent the absolute value of the amount Bitcoin (BTC) moves over daily, weekly and quarterly periods. The new tokens aim to become the...

Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back above the $7,000 level where it currently trades. Looking ahead, the first level of resistance lies at $7,200 (bearish .5 Fib Retracement). Above...

Binance, the world’s leading cryptocurrency exchange, published a new white paper for a solution called Binance Smart Chain. It’s a new blockchain that will run in parallel to Binance Chain and will also support smart contract functionalities. Binance Announces Smart Chain Blockchain In a recently published whitepaper, Binance announced the development of Binance Smart Chain – a new blockchain that will support smart contract functionality. The new network is described as an innovative...

Today, on Thursday, April 16th, the Ethereum price is growing steeply. The coin is generally trading at 169.70 USD.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Ethereum price is growing today: tech analysis.The price of all assets in the ETH network has become equal to the BTC.Users will be able to check the origin of the cryptocurrency.On W1 of the Ethereum, we see that the correctional phase after a rapid decline was too “modest”. A new wave of descending dynamics did not become vast...

Bitcoin price has climbed back to $7,000 after the recent fall below this level. Ethereum, meanwhile, has gained over 8% in 24 hours. ETH is trading for around $170.Since coronavirus has been declared a pandemic by the World Health Organization, Bitcoin price alongside several other crypto coins, e.g Ethereum, XRP, etc. crashed and began to fluctuate, rising in the day and dropping at night.Bitcoin price, which rose as high as $10,000 earlier this year, dropped below $4,000 also after the...

Litecoin price is down more than 10% from the $45.00 resistance against the US Dollar.LTC price broke the key $40.00 support level to move into a bearish zone.There is a major bearish trend line forming with resistance near $41.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must stay above the $38.00 or $37.00 support to start a fresh upward move.Litecoin price is showing a few bearish signs below $42.00 against the US Dollar, similar to bitcoin. LTC price...

An interesting analysis of the performance of the Ethereum network reveals some changes as to what fees are being paid. Feed pays to miners exceeded the uncle reward paid to miners in March.Fees Paid By Users Greater Than The Cost Paid By The NetworkAnkit Chiplunkar, the head of research at the popular data monitoring resource Token Analyst, has brought up some interesting findings regarding the performance of the Ethereum network.The fees paid to miners, amounting to about 26,100 ETH,...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The cryptocurrency market is correcting again. Assets are rebounding from their respective resistance levels while the potential for significant decline remains. On...