Bitcoin’s total supply gets distributed among more addresses as its network matures over time. At the same time, some notable altcoins have up to 95% of their total supply held by several large addresses.This information came from a report gathered by the popular monitoring resource – coinmetrics. By examining numerous variables of data, the paper outlines the wealth distribution of some popular cryptocurrencies.BitcoinNaturally, the report begins with the largest cryptocurrency by market...
Read More »Ethereum Price Analysis: ETH Rests Above $260 As Bulls May Be Fading Out
Etheruem has seen a sharp 8% price fall over the past week, bringing the price for the coin down to $260.The cryptocurrency was unable to break resistance at $285, causing it to roll over and drop.ETH also declined against BTC after failing to overcome resistance at 0.0278 BTC.Key Support & Resistance LevelsETH/USD:Support: $255, $250, $235.Resistance: $270, $285, $290.ETH/BTC:Support: 0.026 BTC, 0.0256 BTC, 0.025 BTC.Resistance: 0.0278 BTC, 0.0288 BTC, 0.030 BTC .ETH/USD: Ethereum...
Read More »Ripple’s Xpring Is Going to Create ‘Bridge to Ethereum’
Ripple’s Xpring is allocating money for three inventors or teams seeking for a solution to XRP Ledger-Ethereum interoperability.Xpring wants to develop a ‘bridge’ between Ethereum and Ripple‘s XRP without having to transfer XRP onto ERC-20 standard. Ethereum developers have joined the bad company – Ripple welcomes all of them to build a bridge between two competing economies. Ripple is looking for a new way of operating with mainstream assets, and the move towards Ethereum is obvious. Despite...
Read More »Crypto Price Analysis & Overview February 21st: Bitcoin, Ethereum, Ripple, Tezos, and Binance Coin
BitcoinBitcoin witnessed a turbulent week after dropping by a total of 5.5% to bring the cryptocurrency back beneath $10,000. During the sell-off, Bitcoin fell beneath the previous rising price channel but has managed to rebound at support at $9,552, provided by a short term .236 Fib Retracement.Looking ahead, if the buyers push higher, resistance lies at $9,800 and $10,000. Above this, strong resistance is expected at $10,430 (2020 high) and $10,700 (1.414 Fib Extension). On the other side,...
Read More »Ethereum: Steigt der Ethereum-Kurs auf 8’000 Franken?
Während Bitcoin abermals eine vorübergehende Konsolidierungszone im Niedrigpreisbereich von rund 10’000 US-Dollar gefunden hat, marschiert Ethereum (ETH) weiter aufwärts. Analysten bewerten ETH derzeit als „sehr bullisch“ und sind darüber hinaus der Auffassung, dass Ethereum mittlerweile die Bitcoin-Charts hinter sich gelassen hat. Neues Sieben-Monats-Hoch Mit rund 290 Dollar hat ETH ein neues...
Read More »Juventus Signs Deal with Sorare Blockchain to Offer Digital Collectibles for Football Fans
Thanks to Ethereum’s ERC-721 standard, here’s one more weird way of using blockchain to deliver customers an unforgettable experience. Sorare startup offers football clubs to deliver blockchain cards with the favorite players, buy and exchange them.Sorare is a platform that allows football clubs to identify themselves with blockchain movement and increase fanbase. Juventus, a famous Italian football club inks the deal with gaming startup Sorare. Now, the club participants like Cristiano...
Read More »Coinbase and Visa Join Hands to Give Customers Crypto-Backed Debit Cards
For the first time in history, a major credit card company is working hand-in-hand with one of the world’s leading crypto exchanges. Visa has granted full membership benefits to Coinbase – one of the largest and most popular crypto trading platforms in the United States – and is allowing the company to begin issuing cryptocurrency-based debit cards to its customers.Coinbase and Visa – Together At Last?The cards are being released starting this month, though the partnership was initially...
Read More »Flash Crash zieht Bitcoin und Altcoins runter
Der BTC ist wieder 4-stellig. Doch zahlreiche Altcoins hat es bedeutend härter getroffen als den BTC in einem Flash Crash, der den gesamten Markt nach unten zog. Der BTC selbst verlor in der Spitze ungefähr $1,000, ehe er sich wieder leicht erholte – im Tagesvergleich stehen etwa 5,6 Prozent Minus zu Buche.Crypto News: Flash Crash zieht Bitcoin und Altcoins runterDer Bitcoin erlebte mit seinem Verlust den fünftgrößten Kursabfall innerhalb einer Stunde seiner gesamten Geschichte. Zum Peak im...
Read More »Ethereum Price Drops to Below $260 as a Result of Massive Crypto Dump
Ethereum price fell to below $260 as a result of the huge crypto dump that hit almost all huge digital assets by capitalization. Questions of whether the bulls are exhausted or it is just a market correction are looming in the crypto community.Ethereum (ETH) the second crypto by capitalization and overall marker rank experienced a fall to trade below $260. The huge drop was as a result of the crypto dump that hit almost all top digital assets, led by Bitcoin. Ethereum price was headed to test...
Read More »Will XRP Price Increase Before Possible Ripple IPO in 2020?
Ripple IPO could destroy the XRP price, according to many of the analysts. However, Brad Garlinghouse didn’t say that Ripple will be doing any IPOs.The current XRP price is moving down because of the overall market uncertainty and even conspiracy theories. With the rumors about Ripple IPO this year, analysts argue over its possible price fall.Ripple was making partnerships with companies like MoneyGram, to showcase the RippleNet’s real worth. In 2020, Brad Garlinghouse was talking about the...
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