As we have been seeing since Black Thursday, Bitcoin investors are choosing to HODL and store their bitcoin with themselves and remove their digital assets from cryptocurrency exchanges. These bitcoin withdrawals from exchanges started with crypto derivatives platform BitMEX which suffered two DDoS attacks on the day of violent sell-off in March. Its web traffic in April also Read more
Ethereum ecosystem will start the transition to a major update known as Ethereum 2.0 on July 30. The co-founder of the second – largest cryptocurrency project Vitalik Buterin made the announcement to that effect during Consensus: Distributed conference. The developers’ team has already launched the testnet Schlesi. Two clients – Lighthouse of Read more
With Bitcoin’s halving just a few hours away, the cryptocurrency market appears to have entered a stagnation phase. Ethereum, XRP, and Litecoin are currently held by critical support levels that will determine where they are headed next. Ethereum Sits on Top of Massive Support Wall Ether’s price action appears to be contained Read more
Investing.com – Ethereum was trading at $113.30 by 17:26 (22:26 GMT) on the Investing.com Index on Saturday, down 10.60% on the day. It was the largest one-day percentage loss since November 20. The move downwards pushed Ethereum’s market cap down to $11.68B, or 9.23% of the total cryptocurrency market cap. Read more
In his new tweet, commodity trader Peter Brandt makes it clear that he is still bullish on Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization. He calls these coins “the real deal” as opposed to XRP, which he actually considered to be a manipulated market. Simps & wannabes Read more
ETH/BTC is trading 2.37% lower on Wednesday as BTC outperforms against the rest of its peers. The price has made a lower high and broken through a significant support level. ETH/BTC daily chart Ethereum is breaking lower against the king of digital cryptocurrencies (bitcoin). The price has dropped 2.37% on Read more
Biconomy has launched a relayer infrastructure that simplifies the use of integrated dapps. The protocol lets developers cover gas fees on small transactions, reducing friction and improving user experience. Dapps that integrate Biconomy’s infrastructure will have an easier time quickly onboarding new users. Gas free transactions are coming to DeFi. Biconomy launched their Read more
Dominance charts show high levels of stress in crypto market fundamentals. Bitcoin strives to win, while Ethereum strives to resist in front of the king. Ripple Ltd’s poor results impact on an XRP lacking in positive news. The fight for market dominance between Bitcoin and Ethereum has taken its toll Read more
Bitcoin’s shadow on the larger cryptocurrency market continues to loom large, something exhibited by the market’s latest price movements. Following the king coin’s massive move over $9,000, most major altcoins buoyed in bullish movement, chief among them being Ethereum, the altcoin market leader. Ethereum climbed over $220, a price point Read more
A necessary correction – that is the best definition of what happened on April 30, which saw a setback after cryptocurrencies went too far, too fast. Nevertheless, holding onto most gains shows that the trend remains positive. Stock traders are all too familiar with wild movements at the end of Read more