ETH

87 crypto pairs trading on the Bitfinex exchange are staring at the chop. The exchange outlined plans to delist them owing to their low liquidity levels. The move is effective March 26, 10:00 AM UTC Optimizing Trading Experiences According to Bitfinex, the decision was informed by the need to consolidate and improve the exchange's liquidity. Additionally, the move will streamline and optimize trading experiences for its customers. The firm holds that it took the decision after tracking the affected pairs…

BTC and ETH holders are set to earn more in the revised BlockFi interest structure the firm has announced. According to Zac Prince, the firm's founder cum CEO the changes take effect on April 1. BlockFi Improved Offerings  The announcement indicates that Tier 1 BTC holders with up to 5 BTC on the platform will earn a 6% annual percentage yield (APY). On the other hand, Tier 1 ETH holders, those holding up to 500 ETH on the platform will…

About six months ago, UNICEF launched a cryptocurrency fund in partnership with the Ethereum blockchain platform that would enable it to receive, store, and distribute funding in crypto. UNICEF stated that they wanted to explore the opportunities offered by cryptocurrencies as the digital currency gateway to shape future generations' lives. Today the fund is up and running, and it accepts donations in bitcoin and ether. This is not the only or the first global charitable organization to have recognized the…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $155 billion. Bitcoin value crashes by 30%, reaches $4,185 before rising above $5,000 again. Ethereum loses almost 50% of its value and now trades at a little over $126 XRP trades as low as $0.11 mid-week before recovering at $0.15 on Sunday The stock and equity markets experience new historic lows since the 2008…

The covid-19 pandemic is negatively affecting crypto market prices and disrupting many crypto conferences, as many industry players fell sick.  Ater Zhen Yu Yong announced contracting Covid-19 after attending the Ethereum Conference, six more cases from the conference got reported. In this case, seven great developers from the Ethereum Community contracted Covid-19 after participating in the Ethereum Conference that occurred on the 3rd to the 5th of March. After Zhen disclosed his Covid-19 status, he encouraged everyone from the Ethereum…

Any area that involves cryptocurrency is usually linked to a scam. But none affected and is still affecting the market like the PlusToken scam. Let us follow up on one of the biggest events in the history of cryptocurrency. What was PlusToken? Sometimes called the “Biggest Scam in the History of Cryptocurrency,” the PlusToken Scam shook the entire crypto market. The remnants of the scam can be felt to this date. Building upon a Ponzi scheme's age-old tactics, the people…

The co-founder of Toruslabs, Zhen Yu Yong, tested positive for coronavirus after attending different Ethereum conferences. Zhen tweeted on falling ill and receiving a positive test for Covid-19. He contracted Covid-19 after attending the ETH London hackathon held from the 28th of February to the 1st of March. TorusLabs Co-founder also attended the Ethereum Community Conference (ECC), which took place in Paris from the 3rd to the 5th of March. He encouraged all those who had close contact with him…

Recent price movements of ETH shows a possibility of further drops. For instance, just yesterday, the coin could not cross the block at $235 and instead plunged by 15%. Just below the $215 support, there was a slight break at the 100 hourly SMA.  There were further price plunges below the $200 mark. Further, ETH's price dropped to set the lowest monthly price at $196 and started experiencing losses.  The $205 barrier was formed on the price, and there will…

Weiss Ratings, a financial agency, shared its take on the role Ethereum plays in the crypto industry. The financial agency stood up to protect the Ethereum blockchain and its ETH coin. Weiss Ratings also rebuked countries like the US and China for wanting to develop CBDCs. The financial agency supports decentralized currencies and not centralized ones. The crypto rating firm also pointed out that the Ethereum network is expanding the cryptocurrency industry. The agency mentioned some of the leading crypto…