The crypto market capitalization has fallen below $200 billion due to huge panic sell-off. Ethereum, XRP and other altcoins are losing their value.Today will remain engraved in most crypto enthusiasts and investors’ minds, not for the good reasons, but rather since most altcoins, including Ethereum and XRP, have shed a huge portion of their prices by about 20-30% in the past 24 hours. The huge free fall has been attributed to a panic sell-off, as investors run for safety to avoid risky...
Read More »Crypto Mining Is Providing Its Users with Amazing Flexibility for Mining Bitcoin and Altcoins
Crypto Mining is a platform that offers benefits to different target groups: beginners, enthusiastic home miners and large scale investors.“How can I mine cryptocurrencies easily?” that’s a question most crypto enthusiasts have asked Google time and again. But once presented with ideas like “buy the best mining rig,” or “join a mining pool,” the user is often left more confused than when they had begun their search. Nonetheless, this has become a thing of the past thanks to Crypto Mining, a...
Read More »Blockchain.com Says ‘Never Sell’ to Bitcoin Holders with New Borrow Option
Blockchain.com offers retail investors a new Borrow option that will let them ‘borrow like the big guys’, pledging their Bitcoin, Bitcoin Cash, Stellar or Ether.Blockchain.com once was responsible for 70% of all the BTC wallets. Today, users can borrow USD (in stablecoin) and keep the precious Bitcoin for themselves. If they will pay the credited funds back after some time, of course.Per the official announcement made on Tuesday, Blockchain.com (former Blockchain.info) offers a new borrow...
Read More »EY with Microsoft and ConsenSys Launch Baseline Protocol on Ethereum Blockchain
EY with Microsoft and ConsenSys announced the launch of their open-source Baseline protocol. Baseline comprises a smart contract and tokenization platform built for enterprises on top of the Ethereum blockchain.The global leader in assurance, tax, transaction and advisory services EY yesterday announced the launch of the Baseline protocol. This is the name for the new EY package of public domain blockchain tools that enables enterprises to construct and redistribute obtainment and other...
Read More »Tesla and SpaceX CEO Elon Musk Claims Dogecoin Is Cool, Price Goes Up
Elon Musk has been trolling the crypto community many times already. Now he says that Dogecoin is the best cryptocurrency.Elon Musk has been tweeting about different cryptocurrencies for several years so far, mentioning Ethereum and Litecoin. Other coins are not the ones he like, but to make it without clear judgment, he seems like love Dogecoin. One was invented just for fun, the developers didn’t think that the community will make the coin grow. Not only the community supported the network,...
Read More »Ethereum Price Bounces Back to $230 while Fundamental Metrics Continue to Increase
Ethereum price goes up as bulls seem like waiting for major bullish action. The developers are teasing the community with ‘big code update’ and prepare several possible upgrades, both controversial and useful.Since the lows of Q4 2019, Ehtereum price and network has gained significant steam. The hash rate, transactions per day, and the number of active addresses all rising. The network currently consists of around 7,100 public nodes. During the last 24 hours, ETH shows $3,71 billion of the...
Read More »Social Media Evolving Through Tokenization
Uhive, a new upcoming social media company, allows users to connect and share content with their family and friends publicly or anonymously to create its own cryptocurrency.Blockchain technology and cryptocurrency at large have been huge game-changers for the global economy over the past ten years. Social media companies have not been ignoring this, and many have adopted tokenization to move forward their main agenda, gain popularity, increase their customer base, and also monetize their...
Read More »Ripple’s David Schwartz Says Third-Party Cryptos Could Launch on XRP Ledger
According to Ripple CTO, the new exciting features are coming from the Ripple developers. They will allow third-party tokens to work on top of the system. Also, XRP Ledger will soon have the ability to eliminate accounts of possible network spammers.Ripple’s XRP price falls together with other markets. But David Schwartz doesn’t care as the Ripple Ledger, XRP and the longtime holders will soon receive a significant boost. A company presents a new type of transactions for externally created...
Read More »Vitalik Buterin Roasts Bitcoin Price Predictions: S2F is ‘Bullshit’
Ethereum creator Vitalik Buterin shared his thoughts regarding Bitcoin price mocements. He claims the Stock to Flow model doesn’t work for Bitcoin or any other crypto asset.Vitalik Buterin says that you shouldn’t make financial decisions solely after reading the news. The classic Stock to Flow (S2F) model is not working with Bitcoin. Major news announcements, as well as world disasters such as coronavirus, do not affect the crypto market. Buterin says that there are 95% of the articles on the...
Read More »Ethereum Price Fell to $212 as Its Community Comes Out Against Controversial ProgPoW
The Ethereum community doesn’t want to accept the planned hard fork on ProgPoW. The Ethereum price fell to $212 but has already started to grow again.Ethereum, one of the top-rated crypto assets by market capitalization, fell to $212 during the early trading hours of the European session. However, using the ETH derivative with the U.S. dollar, it has broken the downtrend in the 1-hour time frame. The analysts believe that the drop of Ethereum may be related to the fact that the community...
Read More »