ETH

Recently, a report by Clovr indicated that a small group of crypto whales hold the majority of the top cryptos. The report also pointed out that Whales are also in charge of exchange wallets and loads of tokens. Top assets with a remarkable wealth distribution program have over 70% of their supply with top wallets. All of these tokens have a relatively small market capitalization of $ 100 million or less. Every asset possesses different risks of top-heaviness, and a…

On the 19th of December, Bitcoin recorded a 14% surge. At the beginning of the third week of December, the bitcoin price dropped by 8.5% from $7100. It then declined to $6500, and as analysts looked forward to further decline, BTC eventually surged a whopping 14% to attain $7450. The 14% surge is the largest since the rise of Bitcoin, influenced by China in late October 2019. Bullish sentiments do not characterize Bitcoin markets; analysts suggest a short-term decline of…

This year, ETH's price declined to a 9-month low, hence losing almost all the gains it accrued. The decline is one of the cryptocurrency market moves, influenced by the decrease in BTC's price at $ 7 000. Some individuals, however, believe that the price of ETH will not surge anytime soon. Some market participants are negative concerning ethereum, and this may be contributing to its bearish performance. One of these participants is Messari company researcher, who wrote a paper entitled…

SEBA Crypto AG, a crypto-focused banking firm based in Switzerland, has expanded its services to nine new nations. The startup aims to offer the crypto industry with banking services that it has lacked for a very long time. SEBA made this move after it received a Swiss banking license. It was obtained in August and started full operations just a month ago. It named the new countries like Austria, Portugal, Singapore, France, Germany, Hong Kong, Netherlands, United Kingdom, and Italy…

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 $194 billion. Bitcoin is slowly descending towards the $6,000 barrier. Ethereum may end the year below $140 after bears regain control from the bulls. Ripple is trading in the red by some 0.50% and moving towards $0.20 Litecoin's value is dropping towards its fourth consecutive session in the red as it nears $42 Crypto…

The price of ETH/USD has been struggling for recovery and correction to the upside. In the previous week, the price went under the support levels at $144 and $142. It continued to the downside under the support level at $140 support, thereby forming a fresh low in the month close to $139. Later, it was able to retrace to the upside over the hurdle at $142. Nevertheless, there was a capping of the move to the upside by the hurdles between…

The date was December 22, 2017, when the inevitable happened. Bitcoin’s value suddenly dropped by 45% from its peak after soaring for an entire year. The bubble burst and the doom had come. The dream of a new era financially dominated by cryptocurrency was put on hold. Today, we look back at what led to the Great Crypto Crash two years ago. Then, we try to find out how it changed the market and answer one of the questions that…

Learning to invest in cryptocurrencies may seem like a daunting venture for beginners. This is because one must quickly grasp many terms and definitions to succeed. What is Bitcoin, and what is blockchain technology? What are tokens, wallets, and ICOs? Can you get rich overnight? Do you pay taxes for digital assets? And, how does "Proof of Work"…work? Like any financial enterprise, the crypto industry has success stories and horror tales of bankruptcy-inducing scams. Some people enter the market with…

Highlights: Cryptocurrencies are a new technology that decentralizes the transfer medium, i.e., currency. Cryptocurrency is different from Blockchain. A Blockchain is a protocol, one of the applications of which is a cryptocurrency. Blockchain is a decentralized network of nodes with various daily applications. Cryptocurrencies use decentralized control instead of centralized digital currency and central banking systems. One can buy and sell cryptocurrencies in a cryptocurrency exchange. Introduction Satoshi Nakamoto, a pseudonym on the internet, borrowed from several ideas. He/she/they posted a…