Ethereum

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 $236 billion. Bitcoin price gets closer to the $9,000 mark. Ethereum escalates over the $160 threshold. XRP enjoys a promising run and moves above the $0.23 barrier Crypto Trends 13th-19th of January 2020: PERFORMANCE & ANALYSIS The past week saw the Bitcoin price increase by 13% compared to its value almost 7 days ago.…

Last week, a vast ETH upsurge led to a 20% gain based on the price data from Coin360. ETH’s performance was greater than for Bitcoin, which gained 9% within the period. Nevertheless, ETH’s performance was lower than other altcoins that saw massive parabolic rallies within a few days. BSV close to 250% at the Zenith of the rally this week, ETC secured 100% gains as Zcash more than doubled. Crypto analysts worry about the immediate direction of ETH, despite its…

Upbit recently announced the reopening of deposits and withdrawals for Ethereum on their platform. The South Korean based crypto exchange stopped the services for a long time after a hack. The hack led to the loss of $50 million worth of cryptocurrency funds. Upbit said that it is adopting another wallet system for the services. Additionally, the exchange reassured its users in full using its corporate assets because crypto funds got hacked. Upbit also noted the Ethereum wallet security system…

There is an aspect of crypto and blockchain, usually utilizing ideas to obtain value from blockchain’s principal success. One instance of such is Bitcoin Hard Forks. Recently, an Etheereum product developer, known as David Hoffman, tweeted his bullish sentiments supporting Bitcoin transactions on Ethereum. The notion of running Bitcoin on a second faster chain always gets suggested. EOS has been trying to make such happen. The impact of the growth of Bitcoin networks drives the markets with stores of value…

Recently, analysts are showing bullish moves anticipation for ETH, Bitcoin, and other mainstream digital currencies. These analysts are using a metric that suggests the overall growth of Ethereum’s network in recent months. Such metrics indicate an incline in the Ethereum’s price in the future. On the 8th of January 2020, a Twitter user shared a chart showing Ethereum’s growth is on the upside. Network growth gets defined by the number of new addresses created per day. Since the top of…

The ETH/USD price is incredibly moving upwards. The price may rise to above $ 130 and $ 135 to a powerful uptrend. Last week, the price dropped below the support at $ 126. However, the ETH/USD  The 4-hour price chart reveals that the price got close to the support zone at $ 122 and remained under 100 SMA. Eventually, the ETH/USD formed its latest low close to $ 123 before the start of an upside correction. The price continued over…

New technologies become successful when it finds a perfect balance between traditional systems' values and the advantages of new technology. Blockchain has mastered this art, and people are gradually accepting the changes this developing technology brings. One of the changes is accountability in the financial system, which contributed to the creation of tokens. Tokens are digital assets, also known as value contracts. A token standard is stored in a smart contract to help manage balances in the wallet. Today, we…

An Ethereum Classic Network hard fork, known as Agharta, is forthcoming. This hard fork will consist of Ethereum Constantinople fork features. Similarly, the hard fork intends to achieve complete compatibility between ETC and ETH. As per the 26th of December press release, ETC labs confirmed its agenda to achieve complete compatibility. According to Terry Culver, Ethereum Classic Labs is one of the first incubators to support innovative projects on the  Ethereum Classic Blockchain. The compatibility between the ETC network and…

On the 25th of December, crypto market participants focused on Vitalik Buterin to fear his plans to sell Ethereum worth 25 million USD. As per Etherscan on the 25th of December, an aggregate of 92k of Ethereum, currently equivalent to 11.5 million USD, moved from one wallet to the United States exchange Kraken. ViewBase tweeted about the wallet containing more than 300k ETH before the transaction. Similarly, the same wallet received the majority of its content from Buterin for many…