Tag Archives: ETHBTC

The average time required to confirm a Bitcoin transaction has plunged significantly in the past month. Simultaneously, the average transaction fees continue to drop after reaching yearly-high following the 2020 halving.BTC Average Transaction Time PlungesData provided by Blockchain.com shows that the average time needed for a BTC transaction to be included in a mined block and added to the public ledger has experienced a massive decrease since mid-May.BTC Transactions Average Confirmation...

Buying shares of Grayscale’s Ethereum Trust would require investors to pay a premium upwards of 750% compared to ETH’s current market price.ETH Sold For More Than $2000 On GrayscaleGrayscale is a company that provides institutional investors with exposure to the price of cryptocurrencies such as Bitcoin and Ethereum through their trust products.The company’s Ethereum Trust is currently selling shares of ETH, where one share represents 0.09395466 ETH. In other words, for one to own a full ETH,...

Ethereum dropped by a total of around 1.5% today as it falls to the $235 level.The next level for ETH to break and start a bullish push lies at $250.Against Bitcoin, Ethereum still needs to break the strong resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $205.Resistance: $250, $265, $274.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0235 BTC.Resistance: 0.0253 BTC, 0.026 BTC, 0.0263 BTC.ETH/USD – Ethereum Losing Battle At $250.Ethereum remains below $250...

Charles Hoskinson, the co-founder of Input Output Hong Kong (IOHK), is getting increasingly upset for being associated with another project he co-founded – Ethereum.Hoskinson Doesn’t Like Being Called Co-Founder of EthereumIn a recent Twitter post, the co-founder of Input Output Hong Kong said that he doesn’t want people to refer to him as the co-founder of Ethereum.“Could you guys just once refer to me as the CEO of IOHK and a founder of Cardano? Honestly, no more interviews if you keep...

Over the past couple of days, three transactions with abnormally high fees were carried out on Ethereum’s network. Two of them, both with the same fee of about $2.6 million per transaction, were initiated from the same sending address, while the third one was from a different address and with a smaller fee compared to the others.According to Vitalik Buterin, Ethereum’s Co-Founder, these million-dollar transaction fees “may” actually be blackmail.What Happened on Ethereum’s Blockchain?Two days...

BitcoinBitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday.Luckily, it found support at a rising trend line, which has kept the bullish trend intact for now.Looking ahead, if the buyers push higher, resistance lies at $9,815 and $10,000. Above this, added resistance is...

Ethereum fell by a steep 6.7% over the past 24 hours as it drops toward $230.The cryptocurrency was struggling at the $250 level over the first two weeks of June but has remained supported at $225 thus far.Against Bitcoin, Ethereum struggles at the 0.025 BTC level.Key Support & Resistance LevelsETH/USD:Support: $235, $225, $215.Resistance: $250, $265, $274.ETH/BTC:Support: 0.0245 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.0253 BTC, 0.026 BTC, 0.0265 BTC.ETH/USD: Ethereum Losing Battle At...

Stablecoins are touted as a hedge against the high volatility in the cryptocurrency markets since they are pegged to a relatively stable asset or a basket of assets like fiats or precious metals. However, new findings reveal that some of these tokens have ties with illicit activities like Ponzi schemes.In its latest state of the network report, crypto analytics firm Coin Metrics analyzed the supply and activity distribution of stablecoins, including market leaders Tether (USDT), USD Coin...

Ethereum surged by a total of around 20% over the past two weeks, but it struggles to break $250.The cryptocurrency has been trading between $235 and $250 for the entire period of June.Against Bitcoin, Ethereum struggles to pass the resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $240, $235, $225.Resistance: $250, $254, $268.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.024 BTC.Resistance: 0.0255 BTC, 0.026 BTC, 0.0265 BTC.ETH/USD: Ethereum Continues To Battle At...

A recent transaction on Ethereum’s network saw someone pay 10,668 ETH in fees while the actual value of the transaction was 0.55 ETH. This isn’t the first instance of something like this happen as insane fees have been paid on several occasions in the past.$2.5 Million Worth of ETH Fees for a Single TransactionAccording to Etherscan, approximately two hours ago, someone sent 0.55 ETH to an unknown address. And while all of it might seem like a regular Wednesday, the transaction fees paid for...