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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...
Analysts debate whether Ethereum’s London hardfork is a “sell the news” event
5.8.2021
Analysts caution against a potential “buy the rumor, sell the news” pullback for ETH while historical data shows that the price tends to rise following major network upgrades
Ethereum Community Gears up for the Long-Awaited London Fork Set to Go Live on August 5
4.8.2021
The Ethereum community has been gearing up for the highly anticipated London Network Upgrade which should take place on August 5 around 2:00 p.m. (EDT). Node operators have been asked to upgrade their nodes as soon as possible, as the upgrade is scheduled to take place at block height 12,965,000....
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...
Bitcoin and Ethereum at Make-or-Break Levels, Altcoins Struggle
4.8.2021
Bitcoin price tested the USD 37,500 zone before recovering higher. BTC is currently (12:18 UTC) consolidating near USD 38,000 and it is facing many hurdles. To start a stronger increase, the bulls need to push the price above USD 39,000.
Similarly, most major altcoins are struggling to recover....
Bitcoin and Ethereum Target Fresh Lows, LUNA Rallies
4.8.2021
Bitcoin price broke the USD 38,500 support level. BTC even extended its decline below USD 38,000. It is currently (04:28 UTC) consolidating losses and it seems like there is a risk of more downsides towards the USD 37,000 level.
Similarly, most major altcoins struggle to rise. ETH could extend...
Ethereum’s London hard fork expected to arrive on Thursday, ushering in EIP-1559
3.8.2021
Think Ethereum is going to morph into a deflationary asset over night? Not so fast!
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,...
DeFi attracts 2.91M Ethereum addresses, according to ConsenSys
3.8.2021
The DeFi economy continues to be built on Ethereum. A new report from ConsenSys highlights the extent to which the Ethereum network drives decentralized finance
Ethereum Outpaced by BSC & WAX, Zcash Founder Starts a PoS Campaign + More News
3.8.2021
Source: A screenshot, Instagram/binance
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In July, Binance Smart Chain (BSC), fueled by play-to-earn games, was the most used...
Crypto.com to Support the Latest Ethereum London Upgrade
3.8.2021
After establishing an official partnership with UFC, Crypto.com is ready to support the latest Ethereum London upgrade. The platform will ensure the update goes through seamlessly by shutting down ETH transfers on August 5th. The London mainnet upgrade comes with multiple new upgrades and features....
Bitcoin and Ethereum Test Key Support
3.8.2021
Bitcoin price started a downside correction below the USD 39,200 support. BTC even traded below USD 38,500, but the bulls were active near USD 38,000. It is currently (12:12 UTC) testing USD 38,000 and it might move lower.
Most major altcoins trading above important supports. ETH extended...
ETH 2.0 will help Ether outpace Bitcoin, Pantera Capital CEO predicts
3.8.2021
Ether has more potential than Bitcoin as a newer cryptocurrency, and the latest EIP 1559 will help the token trade more like a fixed asset, Pantera Capital CEO said