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...
Read More »Cryptocurrency Market Cap Loses $6 Billion As Major Altcoins Paint Red: Tuesday Market Watch
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...
Read More »Ethereum Price Analysis: ETH Tumbles, Risk of Additional Losses
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...
Read More »Ethereum 2.0 Could Be Launched on July 30, 2020
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...
Read More »Fidelity Digital Assets Plans to Offer Ethereum Support in 2020
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...
Read More »Bitcoin-Prognose: Ist Staking das neue Mining? ⚒
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,...
Read More »Vitalik Buterin: The Ethereum Foundation Sold 70,000 ETH At The All-Time High
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...
Read More »A Wild Ride: Ethereum (ETH) Price Is Down 90% From ATH, But Up 5000% Since Inception
Cryptocurrencies, being relatively new, are getting more and more attention as potential investing tools. People within the community are often discussing prices and how each coin they have invested in could skyrocket, thus providing them good returns.While some might be thinking that ETH’s current price is around $145 and its all-time high was at close to $1400 – that’s a devaluation of 90% in less than two years. However, by checking Ethereum’s launch, it actually provides a return...
Read More »Crypto Price Analysis & Overview December 13th: Bitcoin, Ethereum, Ripple, Tezos, and Tron
Bitcoin declined by 2.5% over the last week, dropping to the $7,220 level. The cryptocurrency has been trapped within a tight range between $7,708 and $7,123 for the entire period of December, thus far. A breakout of this range will dictate the direction Bitcoin will head toward over the following weeks.If the bulls continue to rebound, initial strong resistance is located at $7,400 and $7,700. Above the range, resistance lies at $8,086 (bearish .5 Fibonacci Retracement level) and $8,400...
Read More »Orchid (OXT) Is Set to Launch on Coinbase Pro
In what has been seen by many to be a resurgence of the crypto space, decentralized virtual private network project Orchid (OXT) is set to be launched on the Coinbase professional platform – Coinbase Pro. Sources indicated that the ERC 20 based token will be introduced in phases to the platform. A blog post on the premier cryptocurrency exchange’s website indicates that support for OXT will be made available to all clients of the exchange in the supported jurisdictions except the state of New...
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Ethereum (ETH)
