Ethereum (ETH)

In what has been seen by many in the crypto space as a win, the open interest of the Bitcoin futures platform Bakkt has reached new all-time highs. Sources indicate that this occurred yesterday and that this shows fresh inflows from new entrants into the Bitcoin marketplace. Twitter’s BakktBot has further put the open interest at $7.02 million which shows strong trading activity on the Intercontinental Exchange-managed platform and also greater liquidity within the Bitcoin futures market in...

In yet another major sell-off Bitcoin price crashed below its crucial support of $7000 on Monday, December 16. As per blockchain researcher Chainalysis, this dumping is part of another major scam brewing in the crypto industry.In its report, Chainalysis mentions a China-based Ponzi scheme PlusToken which is dumping its crypto holdings to cash out. PlusToken, a cryptocurrency wallet, trapped investors by promising high returns to those purchasing their native PLUS cryptocurrency against...

When some folks claim they’re into cryptocurrencies because of the thrill of the blockchain… well, they’re lying for the most part. Or at the very least not revealing everything. All things aside, it’s about the profits. How can I make money? How can I do it fast? How can I do it legitimately and securely?Whereas media sources nowadays bombard their readers and viewers with a zillion ways to make a quick buck by trading, exchanging, and investing into cryptocurrencies, there exist other, more...

The outsiders may believe fancy Telegram graphs showing Bitcoin‘s decentralization levels and metrics. However, many of that stats supply data from a parallel reality. Because you cannot claim full decentralization when the majority of the industry is maintained by the same three to five companies. The will of the investors, not the cyberpunk spirit, changes the price of coins or destroys companies.There are at least seven influential people in the crypto space, including investors and...

The cryptocurrency market doesn’t appear to be in the best of shape. Most cryptocurrencies are losing large chunks of value in the last 24 hours, and the total market capitalization has dropped with $6 billion in a few days to the current level of $187 B.The second-largest cryptocurrency, Ethereum, is among the worst-performing altcoins. ETH lost over 7% during the last day, and it’s currently trading at $132. Its latest hard fork, called Istanbul, was released a week ago, but it doesn’t seem...

Ethereum price is sliding heavily and recently tumbled below $140 against the US Dollar.ETH price is showing a lot of bearish signs below $138 and $135.There is a crucial bearish trend line forming with resistance near $138 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of further losses below the $130 support level in the near term.Ethereum price is down and out below $135 against the US Dollar. ETH/USD is likely to continue lower as long as it is below the...

While there really isn’t anything too definite about a release date for the new Ethereum 2.0 upgrade, there’s a strong enough suggestion by an insider. Ethereum Foundation core researcher and Ethereum 2.0 contributor Justin Drake started a GitHub discussion on Saturday about when Ethereum 2.0 should be launched.On the official Ethereum repository, Drake began the thread by saying:“(For discussion.) July 30, 2020, is Ethereum’s fifth anniversary, a natural candidate schelling point for...

Fidelity Digital Assets, the digital currency arm of financial giant Fidelity Investments, plans to add support for Ether token next year in 2020. Tom Jessop, the president of Fidelity Digital Assets, made the announcement during an interview with The Block last Saturday, December 13.Jessop added that the final decision of Fidelity Digital Assets depends only upon evaluating the market demand for ETH support. Launched earlier this year, Fidelity Digital Assets specializes in offering...

Bitcoin&Co.: Ist Staking das neue Mining? In früheren Tagen reichte eine gute Grafikkarte aus, um mit Mining einfaches Geld zu verdienen. Heute gestaltet es sich allerdings etwas schwieriger und ist lange nicht mehr so profitabel. Miner benötigen eine spezielle Hardware und sollten insbesondere Zugang zu einer extrem günstigen Stromquelle haben. Während Privatanwender aus diesen Gründen bereits das Interesse am Mining verloren haben,...

The co-founder of the second-largest cryptocurrency by market cap, Vitalik Buterin, recently admitted that the Ethereum Foundation (EF) has sold 70,000 ETH almost at the all-time high. Today, it seems like the right decision, as Ethereum’s price has plunged with over 90% since then.To Sell 70,000 ETH At The TopVitalik Buterin, the co-founder of Ethereum, recently appeared in an interview, and naturally, his blockchain project was the most discussed topic. Besides the upcoming updates from the...