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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...
EQIFI Launches Suite of Decentralized Financial Products Powered by a Global, Licensed Bank
6.8.2021
PRESS RELEASE. British Virgin Islands — 6th August, 2021 — EQIFI, a decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins, and select fiat currencies, has today launched its DeFi platform, including newly introduced fixed-...
"Old" Bitcoin Outperforms Upgraded Ethereum
6.8.2021
Bitcoin price gained traction above the USD 39,000 and USD 40,000 resistance levels. BTC is back in a positive zone and it seems like the bulls might aim for a test of USD 42,500. It is currently (12:24 UTC) trading above USD 40,000 and dips might remain limited.
BTC is the second-best (+8%)...
Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
6.8.2021
One analyst says he is "not interested at all" in trading current levels as clear long-term resistance stays in play for both cryptocurrencies
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...
Cardano Can Take on Bitcoin, Ethereum in the Long-term
6.8.2021
The brainchild of Charles Hoskinson, who has earlier been credited with co-founding Ethereum, has some promising potential in contrast with the latest happenings in the crypto world. Cardano was officially launched in September 2017, and in merely three years, ADA has reached fifth position...
Boomer brand changes NYSE ticker from 'ETH', acknowledging crypto’s ascendancy
6.8.2021
New York Stock Exchange (NYSE) listed company Ethan Allen Interiors Inc. has changed its ticker from “ETH” to “ETD” to avoid confusion with Ethereum
Bitcoin and Ethereum Correct Gains After a Strong Rally
6.8.2021
Bitcoin price remained stable above the USD 38,000 support zone. As a result, BTC started a fresh increase and it broke the USD 39,000 and USD 40,000 resistance levels. After surpassing USD 41,000, the price is currently (04:29 UTC) trimming gains and moving towards USD 40,000.
Similarly, most...
Vitalik: ‘More confident about the merge’ following ETH’s successful London upgrade
6.8.2021
The London upgrade has been a success, and now eyes are on the even more eagerly awaited merge with Eth 2.0
Ethereum network burns $395K ETH per hour after London upgrade
6.8.2021
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke
‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon
5.8.2021
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights...
London is live and Ethereum bulls control Friday’s $357M ETH options expiry
5.8.2021
$357 million in ETH options expire on August 6 and bears don’t stand a chance given that every neutral-to-bearish put is underwater
Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
5.8.2021
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...
Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K
5.8.2021
A sudden change of sentiment on lower timeframes gives bulls something to smile about after a downtrend is swiftly cancelled out
Ethereum London hard fork goes live
5.8.2021
The much-talked-about London upgrade has finally happened on the Ethereum network as ETH arguably moves closer to becoming a deflationary asset
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...
Bitcoin and Ethereum Correct Gains, Dips Remain Supported
5.8.2021
Bitcoin price failed once again to clear the USD 40,000 resistance. BTC corrected gains and traded below the USD 39,000 pivot level. It is currently (12:11 UTC) struggling to stay above USD 38,000 and it might revisit the USD 37,500 support zone.
Similarly, most major altcoins are trimming gains....
Ethereum eyes 3-week winning streak vs. Bitcoin as BTC price drifts below $39K
5.8.2021
Another comedown comes as bulls fail to recapture $40,000, adding to the curious contrast between spot price action and bullish on-chain metrics
Ethereum is becoming ultrasound money, ConsenSys founder says
5.8.2021
“With $13 billion worth of Ether locked up in Ethereum 2.0 and $70 billion locked up in decentralized finance, we have enormous demand for the Ether token,” said ConsenSys founder Joe Lubin
Bitcoin Recovers As Ethereum Surges, Altcoins Turn Green
5.8.2021
BTC price tested the USD 37,500 zone before it started a stronger upward move. It broke the USD 39,000 resistance and it is currently (04:29 UTC) testing the USD 39,500 level.
Similarly, most major altcoins are showing positive signs. ETH outperformed BTC and rallied around 9%. XRP is holding gains...