The staking contract for the Ethereum 2.0 blockchain is now the single-largest holder of Ether. According to blockchain analytics provider Nansen, the Eth2 staking contract has surpassed Wrapped Ethereum (wETH) to become the single largest holder of ETH. Unlike Ether, Wrapped Ether adheres to the ERC-20 standard, making it the favored representation of ETH among …
Continue reading “Eth2 staking contract ranks as single-largest Ether hodler with $21.5B”
Cardano, Dogecoin and XRP celebrate high double-digit gains as confidence returns to the market. The total value of the crypto market has once again risen above $2 trillion, as altcoins including Cardano and XRP race to reclaim all-time highs. This bullish price action comes in defiance of negative headlines. The Senate passed the infrastructure bill …
Continue reading “Altcoin Boom Pushes Crypto Market Beyond $2 Trillion – eToro Crypto Roundup”
A survey provided to USA Today by Harris Poll has found that Black, Hispanic, and LGBTQ Americans are significantly more likely to own crypto assets. According to surveys of 2,010 and 2,003 U.S adults conducted during June and July, 23% of Black Americans and 17% of Hispanic Americans indicated they are currently invested in digital …
Continue reading “Minority communities are investing in crypto to escape financial discrimination”
The United States government is offering rewards in cryptocurrency for information relating to the operations of enemy state-backed hackers or suspected terrorists. The U.S. State Department’s new “Rewards for Justice” platform allows informants to submit anonymous tips and information in return for rewards in digital assets. The platform was promoted at the Black Hat USA …
Australian crypto influencer and Nuggets News founder Alex Saunders is facing backlash over his non-fungible token (NFT) sale from late last year. Nuggets News is a paid group providing technical analysis and crypto tips to subscribers that was founded by Saunders in 2017. As of Aug.17, Nuggets News had roughly 146,000 subscribers on YouTube. In …
Continue reading “Alex Saunders again under fire after virtual HQ in Decentraland fails to launch”
While Ethereum (ETH) co-founder Vitalik Buterin explains how the long awaited network upgrade affected the chain capacity, the crypto community continues raising the high gas fees question. The London hard fork, which included the EIP-1559 upgrade, a reductive measure set to reign in Ethereum’s supply growth, went live on August 5 and boosted the price …
Continue reading “Ethereum (ETH) onchain capacity increased 9% after EIP-1559 rollout”
The CEO of Galaxy Digital, Mike Novogratz, said a discussion with 20 of the smartest people he knows showed none speaking highly of Cardano regarding “traction with devs.” Not true. I spoke to twenty of the smartest people I know in the space, and zero of them saw cardano having traction with devs. — Mike …
Continue reading “Novogratz: Cardano has no “traction with devs,” Hoskinson fires back”
The product comparison website Finder has published a report that polled 42 financial technology (fintech) specialists and found the average forecast from the group indicates they believe the crypto asset litecoin will be worth more than $200 by the end of 2021. The crypto asset launched by Charlie Lee in 2011, has been trading for …
A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore, a joint study by Seedly, Gemini, and Coinmarketcap, was published Monday. It …
Bank of America has initiated coverage of Coinbase Global. The bank has identified several factors that could boost Coinbase’s revenue. Regarding the crypto exchange’s plan to become “the Amazon of crypto assets,” Bank of America says it is “still in very early stages of development.” Bank of America Awaits Concrete Signs of Progress Against Coinbase’s …
A man from Maryland has been charged with laundering 2,933 Bitcoin (BTC), worth around $139 million, from a US prison cell. Ryan Farace, 37, has been accused by federal prosecutors of laundering money while serving a 57-month prison sentence for selling drugs on the dark web. ADVERTISEMENT Originally convicted in 2018, Farace was previously …
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The double-digit rallies seen from many altcoins shows traders are becoming increasingly bullish with the passing of each day, but maintaining this momentum will to some extent depend on Bitcoin’s (BTC) short-term price action. Data from Cointelegraph Markets Pro and TradingView shows that after touching the $48,000 price level during the early morning trading hours …
Continue reading “Analysts say $46,500 is the key level for Bitcoin to flip to support”
Music-sharing protocol Audius became one of the first streaming platforms to partner with TikTok, allowing users to directly share tracks to the popular app. In a Monday announcement, Audius said it had partnered with TikTok in the creation of a new feature called TikTok Sounds. According to a Rolling Stone interview with Audius co-founder and …
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Bitcoin Consolidates Above $46,000, Poises to Reclaim $48,000 – August 16, 2021 Bitcoin has resumed upside momentum as it poises to reclaim $48,000. Today, buyers have retested the resistance level but were repelled. The bulls are not giving up the battle to reclaim the $48,000 price level. Since August 13,BTC/USD – Daily Chart Buy Bitcoin …
Continue reading “Bitcoin (BTC) Price Prediction: BTC/USD Retraces, Poises to Reclaim $48,000”
With the recent bullish run, savvy investors are on the prowl, looking for the best cryptocurrencies to buy this week. August is fast coming to an end, and it is easily the best month that the crypto market has had since the downturn hit. With prices looking up for the third straight week, there is …
