At one point on Wednesday, May 19, Bitcoin plunged 30% to near the $30,000 mark (a new low since February) before climbing back 8%. Altcoins suffered even bigger losses. Ethereum price crashed 46% on May 19 as it dipped from $3,441 to $1,850 (a day earlier, the 15% fall stopped Read more…
Joe Biden, the United States president, is reportedly in the process of proposing a tax law targeted at the wealthiest Americans. The news surfaced at a bad time for cryptocurrency investors who are not exactly in their happiest of moods, and rightfully so. The top marginal rate will be increased Read more…
Ethereum has support at $952, $830, and $756. ETH is likely in wave 4 of a bullish impulse. ETH/BTC is facing resistance at ₿0.034 and ₿0.04 Ethereum (ETH) nearly reached a new all-time high at the beginning of January but was rejected less than $100 away. While Ethereum seems to be Read more…
Bitcoin held near a record high on Monday a day after breaching $34,000 for the first time, while ether, another digital currency, also surged as the crypto rally continues. Ether climbed as much as 22% to about $1,163 after a 30% advance on Sunday. Bitcoin held on to most of Read more…
Grayscale Investments has been the poster child for institutional cryptocurrency purchases for the better part of a year now. However, the company appears to have halted investments in several of its top cryptocurrency trusts, putting potential investors in uncharted waters. Earlier this week, a Twitter user shared a screenshot confirming that top Read more…
Ethereum continues to be the poster child for why you shouldn’t fundamentally change your protocol if you want serious users. The long anticipated (and delayed) rollout of “Ethereum 2.0” is set to begin at the start of December, but there are signs there could be further setbacks, due to the complex Read more…
One of the latest financial trends, the blockchain industry, is attracting entrepreneurs and investors alike with the promise of technological innovation and the revenue that comes with it. Bitcoin paved the way for blockchain technology and investors, but recent innovations in Ethereum makes blockchain tech more than just a cryptocurrency. Read more…
During 2020, Ethereum has reinforced its status as the most popular smart contract blockchain for dapps, but there are plenty of new technologies looking to take its crown in 2021. In this article DappRadar looked at ten of these so-called third-generation blockchain contenders: Algorand, Avalanche, Cardano, Cosmos, Flow, Hedera Hashgraph, Harmony, Read more…
Ethereum 2.0 developer, Ben Edgington, gave an update on the progress of the key components. According to his post, version v1.0.0 of candidate 0 has been released for phase 0 of the Eth2 or Beacon Chain. In that sense, he mentioned some changes made with respect to the previous version. The new version is Read more…
“Base-layer scalability for applications is only coming as the last major phase of eth2, which is still years away,” wrote Ethereum co-founder Vitalik Buterin in the Ethereum roadmap update. But Buterin doesn’t like that crypto media is putting it out there. Buterin’s saying that the media “selectively sound-bites” him and he’s just Read more…