Tag Archives: ethusd

With the creation of Bitcoin back in 2009, Satoshi Nakamoto would have probably never guessed that the world would buy digital, collectible CryptoKitties, Punks, Hashmasks, celebrity music, and so forth.However, all of the above made use of a whole new Ethereum standard for identifying unique assets on its blockchain – the ERC-721, better known as the solution for the creation and transfer of non-fungible tokens.This article discusses the following questions related to non-fungible...

After a few days of flirting with the $60,000 line, BTC has failed at breaching the milestone and has dropped to $57,000. Most large-cap alternative coins are also well in the red, except Ripple (XRP), which has surged by 8% to over $0.51.Bitcoin Drops $3K after Failing at $60K: Whales In Charge?Following a somewhat sharp recovery after the latest steep decline to $53,200, and for the past few days, bitcoin remained relatively stagnant, just beneath the $60,000 price tag. The primary...

Although Q1 2021 has a few more weeks left, it has already broken the record in terms of the most substantial inflows in cryptocurrency assets with over $4.2 billion, informed a report from CoinShares. Interestingly, Ethereum has skyrocketed in popularity among investors as it has garnered roughly 50% of the total flows in recent weeks.$4.2B in Crypto Since 2021’s StartIt’s no longer a mystery whether or not bitcoin and the cryptocurrency space have started to attract heavy inflows, even from...

Following a few days of enhanced volatility, bitcoin has calmed slightly north of the $58,000 mark. Some altcoins have used the opportunity to reduce BTC’s market dominance with impressive gains, including DOT nearing $40 and UNI jumping by 10%.Bitcoin Calmed Above $58KThe past several days were quite volatile for the primary cryptocurrency. BTC went from briefly breaching above $60,000 to a sudden drop to $53,000 before reclaiming $7,000 again on Thursday.Since then, though, BTC has calmed a...

We saw a rollercoaster of price action over the past seven days as Bitcoin went to set a new all-time high slightly below $62K, only to retrace to about $53K a couple of days later. Most of the altcoins followed suit, though some came out of it better than others.BitcoinBitcoin is up by a small 2% over the past week as it trades at the $59,000 level. The cryptocurrency had surged higher last weekend to set a new ATH at $61,781. It was trading inside an ascending price channel for the majority...

After a highly volatile day in which BTC touched $60,000, the primary cryptocurrency has slipped to 58,000. The altcoin market is even more fluctuating, as Cardano has retraced following the latest gains and has lost its top three spot to Binance Coin.Top Ten Rotations Continue; BNB Ahead of ADAThe past several days were quite volatile for the altcoin space. However, most larger-cap alternative coins have calmed on a 24-hour scale.Ethereum, Polkadot, Ripple, UNI, Litecoin, and Chainlink have...

The US government sent another set of stimulus checks to its citizens following the most recent relief bill signed by President Joe Biden. Interestingly, two surveys asking people how they plan to utilize the funds indicated that about 10% will be allocated in cryptocurrencies.10% of Americans to Put Stimulus in Crypto?Earlier this month, the 46th President of the United States signed the latest relief bill, which indicated that US citizens will receive $1,400 stimulus checks. Last Friday,...

Meitu is a software development firm listed on the Hong Kong Stock Exchange, most known for its selfie-editing app. The app was massively popular in China before adding built-in filters and editors to major social media platforms.Since then, however, the company has struggled to find new avenues of growth. Now, the company is following other major corporations’ footsteps and buying cryptocurrency, not only because they believe the price will go up.Hundred-Million Dollar Buy-InToday, Meitu...

Retail interest for Ethereum has been growing gradually in the past several weeks, at least judging by the new record levels of smaller addresses holding ETH portions.Additionally, the total value locked in the ETH 2.0 Deposit Contract has also reached a fresh ATH of over $6.2 billion worth of the token.ETH: Retail Purchase, Whales SellThe Ethereum network, the underlying technology behind some of the most booming crypto fields lately – NFT and DeFi – has enjoyed a gradual increase in...

The legal dispute between Ripple and the SEC continues with full force as the payment processor has requested the Commission to produce documents regarding Bitcoin and Ethereum – as they were officially deemed not to be securities.At the same time, thousands of XRP holders have asked the federal judge in charge to serve as third-party defendants as well.Ripple Seeks Documents on BTC and ETHThe latest developments in the Ripple vs. the SEC lawsuit came to light yesterday following a new letter...