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Bitcoin and Ethereum Inch Higher, XRP and MATIC Surge
18.5.2021
Bitcoin price remained stable above the main USD 42,000 support zone. BTC is currently (04:30 UTC) recovering and trading above USD 45,000. To continue higher, a decent close above USD 45,500 is a must in the short-term.
Similarly, most major altcoins are slowly moving higher. ETH is stable above...
Optimistic Rollups Not All the Same: A Review of Ethereum L2 Solutions
18.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Optimistic Rollups are often considered as the next major achievement for Ethereum, which will allow it to scale and take back the crown it has recently...
Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021
17.5.2021
During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed close to 80% in value. On Monday, former Ark Invest analyst James Wang published a detailed summary highlighting the Ethereum project’s first-quarter...
Price analysis 5/17: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI
17.5.2021
Traders appear disinterested in buying Bitcoin at the current levels, suggesting that further downside could be in store for BTC and altcoins
Polygon active users grow by 75,000 as DeFi boom continues
17.5.2021
Data from DappRadar shows rapid uptake of Polygon-based decentralized applications. The network now has 93 functioning dapps, up considerably over the past four weeks
Bitcoin Dominance Dips to 40%, Top Ten Cryptos Siphon BTC’s Market Supremacy
17.5.2021
The crypto economy has dropped significantly in value during the last few days tapping a low of $2.06 trillion on Monday. Additionally, the leading crypto asset bitcoin has seen its market dominance drop to 40% of the crypto economy’s overall valuation. Bitcoin’s dominance index...
Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens
17.5.2021
After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto industry. On Wednesday, the cofounder of Ethereum, Vitalik Buterin donated $1 billion worth of Shiba Inu to India’s Crypto Covid Relief Fund. Then a...
Bitcoin and Ethereum Trim Losses, AAVE & SUSHI Outperform
17.5.2021
Bitcoin price extended its decline towards the key USD 42,000 support. BTC tested USD 42,200 before it started a recovery wave. It is currently (12:20 PM UTC) back above USD 45,000 and is showing signs of a possible further recovery.
Similarly, most major altcoins are inching higher. ETH traded...
Elon Musk tweets BTC price bottom? 5 things to watch in Bitcoin this week
17.5.2021
It's all about Elon as Twitter provides the backdrop to an ongoing battle between hodlers and the "Dogefather."
Bitcoin and Ethereum usage fees drop 70–80% as market slide continues
17.5.2021
Transaction fees are falling rapidly on Bitcoin and Ethereum, as the coin prices of both recede from recent peaks
Bitcoin market dominance falls to three-year low of 40%
17.5.2021
Altcoins have risen to a three-year dominance high after tagging a record combined capitalization of nearly $1.5 trillion last week
Liquidations Soar As Ethereum, Alts Bleed More Than Bitcoin Amid Musk’s Remarks
17.5.2021
Bitcoin price failed to remain stable above the USD 48,000 support zone. BTC started a fresh decline and it broke the USD 45,000 support zone. It is currently (04:50 UTC) showing bearish signs.
Most major altcoins declined more than 10%. ETH broke the USD 3,500 support zone and it could even test...
Investors Confuse Ethan Allen With Ethereum: Shares up 50% Over Average Price
17.5.2021
Ethan Allen, a U.S.-based furniture company, has been getting strange traction in markets this year, due to an interesting coincidence. The company’s stock ticker is the same as ethereum’s ticker, something it shares with one of the hottest cryptocurrencies right now. This has caused...
Crypto Markets Take Deep Losses, Global Trade Volumes Skyrocket, Elon Battles Crypto Twitter
16.5.2021
Bitcoin and a slew of digital currency markets are seeing significant losses on Sunday as a majority of coins are down between 2-15% during the last 24 hours. The entire crypto-economy has dropped more than 6% and bitcoin dominance is down to 40% the lowest the metric has been in two years. Crypto...
Cobie Livestream Raises $800,000 in Crypto to Pay Child’s Cancer Treatment
16.5.2021
Cobie, the host of the Uponly podcast and a popular crypto Twitter personality, bolstered a fundraising session for John Oliver, a six-year-old kid that is currently battling leukemia. The initiative was quite successful, getting the attention of the likes of FTX executive Sam Bankman Fried,...
Price analysis 5/14: BTC, ETH, BNB, DOGE, ADA, XRP, DOT, BCH, LTC, UNI
14.5.2021
Bitcoin is showing signs of topping out but many altcoins remain strong, a signal that the decoupling between the two is likely to continue for a few more days
Ethereum Meets USD 4,000 Again, Bitcoin Above USD 50K, Altcoins Rally
14.5.2021
The crypto market is showing more positive signs on Friday, with BTC inching higher above USD 50,000, while ETH returned to the USD 4,000 level, and multiple smaller altcoins are enjoying a double-digit rally.
At 12:14 UTC, BTC was almost unchanged in a day, while ETH advanced by 6%. DOGE rallied...
ETH price regains $4K as possible Ethereum 2.0 'full validator' count hits 17-month low
14.5.2021
Glassnode data reveals that the number of Ethereum addresses holding at least 32 ETH declined steadily in recent months
Coinbase Mulls Ethereum Collateral Amid Lending Program Expansion
14.5.2021
Alesia Haas. Source: A video screenshot, Youtube/Coinbase
US-based crypto exchange giant Coinbase might add ethereum (ETH) as collateral in the near future as part of the company’s strategy to expand their lending business, according to Alesia Haas, Chief Financial Officer at Coinbase.
Haas...
ETH Can Flip Bitcoin, But It Can't 'Have Its Cake & Eat It Too' - Arthur Hayes
14.5.2021
Source: imgflip.com, Cryptonews.com
Ethereum (ETH) can’t be a better store of value than bitcoin (BTC) while also being a widely used smart contract platform, according to former BitMEX CEO Arthur Hayes.
Writing in a blog post, Hayes considered the possibility of ethereum’s market capitalization...