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Polygon Hermez to Scale Ethereum, FTX Supports Bitcoin Devs + More News
13.8.2021
Source: Adobe/H_Ko
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Blockchain news
Polygon (MATIC), an Ethereum (ETH) layer 2 scaling solution, and Hermez Network (HEZ), an open-source...
Dorsey Justifies His Pro-Bitcoin Stance, Says He Is ‘Not Trolling’ Ethereum
13.8.2021
Jack Dorsey. Source: a video screenshot, Youtube/Ted
The Twitter supremo and arch-Bitcoin (BTC) bull Jack Dorsey has taken to his own platform to justify his BTC-only stance, stoking the ire of Ethereum (ETH) proponents – and remarking “casually” that Twitter accounts might one day be linked...
New Crypto Unicorn, DAO Hack, Police Seize USD 9.5M in Ethereum + More News
12.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Crypto tax and accounting software maker TaxBit has raised USD 130m in a Series B round led by venture firms IVP and Insight...
Bitcoin and Ethereum Dip, XRP Holds Near USD 1
12.8.2021
Bitcoin price failed to clear the USD 46,500 resistance zone. As a result, there was a bearish reaction below USD 46,000. BTC is currently (12:14 UTC) showing a few bearish signs below USD 45,000, with a decent support at USD 44,500.
Besides, most major altcoins are still trading in a positive...
Bitcoin and Ethereum Target Additional Gains, ADA Extends Rally
11.8.2021
Bitcoin price remained well bid above the USD 45,000 support level. As a result, BTC started a fresh increase above the USD 46,000 level, before correcting lower again. It is currently (12:13 UTC) trading at almost USD 45,900.
Besides, most major altcoins are trading in a positive zone....
Bitcoin and Ethereum Target New Highs, ADA Rallies
10.8.2021
Bitcoin price started consolidating gains after tagging the USD 46,700 zone. BTC is currently (13:17 UTC) trading in a range above the USD 45,000 support level. If the bulls remain active, the price could aim for a fresh high above USD 46,700.
Similarly, most major altcoins might continue higher....
Last-gasp Infra Bill Compromise May not Come Fast Enough to Save US Crypto
9.8.2021
It could be a case of close but no cigar for the United States crypto sector – with two rival groups of senators agonizingly close to a compromise on a chaotic and much-maligned infrastructure bill on the cards, just as time is running out.
The Senate had hoped to vote on the measure on Saturday...
Ethereum Burning Thousands of USD a Minute, While Miners Face the Change
6.8.2021
Following its latest and highly-anticipated network upgrade, Ethereum (ETH) is currently burning some USD 8m worth of ETH per day, and has already burned nearly USD 12m. Meanwhile, there seems to have been plenty of confusion among miners on the first day.
A total of ETH 4,260 have been burned...
Proof-of-stake Coins In Danger as US Infrastructure Bill Chaos Intensifies
6.8.2021
Mayhem appears to have broken loose in the world of American politics, and the crypto community may be caught in the eye of the storm, as now, proof-of-stake (PoS) networks might be left in danger at a time when Ethereum (ETH) is moving towards PoS.
A controversial infrastructure bill being moved...
Ethereum Arrives to London, Price Jumps, Exchanges Pause Deposits/Withdrawals
5.8.2021
The highly-anticipated Ethereum (ETH) London upgrade is here, bringing with it the revamp of the network's monetary system through the Ethereum Improvement Proposal, or EIP, 1559.
The price of the second cryptoasset by market capitalization has been rising in the past week ahead of this upgrade...
One Old Presentation by Buterin Brings an Unresolved Ethereum Issue Again
4.8.2021
Vitalik Buterin, co-founder of Ethereum. Source: a video screenshot, edited by Cryptonews.com
An old speech by Ethereum (ETH) co-founder Vitalik Buterin has resurfaced at a time when the US Securities and Exchange Commission (SEC) chief Gary Gensler is issuing warnings about initial coin offerings...
Ethereum's Hope No. 1559: What It Does and What It Doesn't Do
3.8.2021
There are some things that grab the attention of the Cryptoverse for months on end, whether they deserve to or not. One thing that will bring an important change to Ethereum (ETH), and which has been a topic of discussion since last year, is the highly anticipated Ethereum Improvement Proposal,...
Ethereum Outpaced by BSC & WAX, Zcash Founder Starts a PoS Campaign + More News
3.8.2021
Source: A screenshot, Instagram/binance
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Blockchain news
In July, Binance Smart Chain (BSC), fueled by play-to-earn games, was the most used...
Bitcoin, Ethereum, and Altcoins Looking For Direction
2.8.2021
Bitcoin price extended its decline below the USD 40,000 support. BTC is currently (12:25 UTC) consolidating near USD 40,000 and it might start a fresh increase. A close above USD 40,500 is needed for a steady rise.
Similarly, most major altcoins are also trying to move higher. ETH is back above...
Bitcoin and Ethereum Correct Gains, Dips Remain Attractive
30.7.2021
Bitcoin price failed to settle above the USD 40,000 resistance zone. BTC started a downside correction below the USD 39,200 support. It is currently (12:31 UTC) trading below USD 39,000 and it might revisit USD 38,000.
Besides, most major altcoins are also correcting gains. ETH topped near...
Bitcoin and Ethereum Fluctuate, Altcoins Trim Gains
29.7.2021
Bitcoin price is showing positive signs above the USD 39,200 and USD 39,000 support levels. BTC is currently (12:27 UTC) consolidating and it might surge above USD 40,000 once again. A successful close above USD 40,000 and USD 40,500 could push the price higher.
Besides, most major altcoins...
Ethereum Fees Get High with Stoner Cats, Then Swiftly Drop
28.7.2021
Lord Catsington, an NFT. Ethereum (ETH) fees are down again following a major surge fuelled by - cats. Stoner Cats to be more precise, non-fungible tokens (NFTs) launched ahead of the same-named series by actress Mila Kunis.
Prior to the release of the new adult animated series, there was an...
Bitcoin and Ethereum Aim For More Gains, Altcoins Remain Attractive
27.7.2021
Bitcoin price corrected lower from the USD 40,000 resistance zone. BTC declined below USD 38,000, but the bulls were active above the USD 36,000 support. The price is currently (12:12 UTC) rising and it could accelerate higher above USD 38,000.
Similarly, most major altcoins are showing signs of...
Bitcoin Inches Higher, Ethereum and Altcoins Accelerate
26.7.2021
Bitcoin price started a strong surge above the USD 35,000 resistance. BTC even traded close to USD 40,000 before it corrected gains. It is currently (12:29 UTC) consolidating above USD 38,500 and it might accelerate higher.
Similarly, most major altcoins are showing bullish signs. ETH is...
#ethgate Overshadows Big News But Helps Ethereum With Memes Amid Ethiopia Crisis
23.7.2021
Today, the Cryptoverse found itself in a strange situation, as an alleged attempt by a major Bitcoin (BTC) bull to troll the Ethereum (ETH) community overshadowed more important news and eventually helped ETH to get more publicity at the expense of a struggling country.
First, the important...