Ethereum

Recently, Coinbase carried out a research calling Bitcoin a blue-chip asset. It was reported that its position as a blue-chip asset is still undisputed and there is a trend where bull markets exhibit rising traction among alternative assets. The report says this may be due to several reasons, but majorly has to do with psychology. Investors seem more willing to consider altcoins during bull runs, like the time the market dominance of Bitcoin declined beneath 30 percent on Coinbase during…

What Does Ethereum Do That Other Platforms Can’t? Dapps, or decentralized applications, are a part of the whole Smart Contracts ecosystem. Running dapps on the general-purpose, multi-faceted Ethereum blockchain offers added security benefits. Since the transactions are distributed and encrypted across the Ethereum blockchain, there is no central place for a hacker to breach and gain access. It is unanimously considered that Ethereum is perhaps the best platform for building dApps. Thanks to its very own language, Solidity, this enables developers…

Ethereum, the second-biggest blockchain platform after Bitcoin by market cap, is amid enormous changes which, over the next few years, should make it scalable and capable of supporting many more users. Ethereum 2.0 is an upgrade to the current ETH1 network- and is also referred to as "Serenity." At the end of it all, Ethereum will become much faster and less susceptible to attacks on the network. In many ways, Ethereum 2.0 is the combined effort of thousands of developers…

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 $242 billion. Bitcoin ends the week with a 20% drop after reaching $10,000 mid-week Ethereum loses almost 12% to trade below $200 once again. XRP price briefly goes over the 0.20 barrier only to drop below it on the weekend Most of the top-20 altcoins are bleeding massively following BTC’s sudden drop. The COVID-19’s…

The performance of Ethereum has been remarkably below that of Bitcoin recently. At the moment, Bitcoin is trading close to its multi-month highs while Ethereum remains remarkably under its level seven days ago. Due to this weakness relative to Bitcoin, it is revealing certain moderate breakdown signals. Nevertheless, the bulls were firm in defending Ethereum’s key support close to $198. Currently, according to Analysts, Ethereum may be primed for a rally to its recent highs of over $230. This is…

The General Protocols startup has been able to raise over $1 million in a seed funding round. It is now working on the development of its Decentralized Finance (DeFi) on Bitcoin Cash (BCH). This funding round enables the team based in Singapore to come up with their flagship product AnyHedge on Bitcoin Cash. As an open source derivatives tool, Anyhedge allows the creation of new markets with smart contracts when embedded by exchanges and OTC desks. The investors that provided…

Bithumb Global is hosting a Margin Trading Event, starting May 8, 2020, 00:00 through May 21, 2020, 23:59 (UTC+8). When the users borrow 400 USDT or the equivalent Bitcoin or Ethereum accumulatively in the "Margin Trading," they can be rewarded with BTC or ETH incentive worth 5 USDT. Users with net asset valuation equal to or bigger than 0.05 BTC will be rewarded from the 1 BTC and 30 ETH pool prizes. The corresponding token reward is issued according to…

When it comes to cryptocurrencies, Bitcoin is known for being the leading coin in terms of market capitalization and dominance. It is such that it is referred to as the benchmark cryptocurrency and market analysts use its performance to forecast the entire market direction. People in the cryptocurrency space hold different opinion regarding the performance of Bitcoin and altcoins. According to a trader and technical analyst known as TraderSZ, the performance of altcoins will be better than that of Bitcoin…

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 $254.6 billion. Bitcoin ends the week trading past $9,000 Ethereum increases by 13% to trade well over $200 XRP price breaks beyond the 0.20 barrier after a 12.5% boost COVID-19 is still out there, but governments are looking into easing restrictions in May Crypto Trends 27th of April - 03rd of May 2020: PERFORMANCE…