While many expected Bitcoin to make a move into five-figures after its halving, it looks like an altcoin is stealing the show. It’s not just any altcoin, but the most valuable one in the market – Ethereum. The second-largest cryptocurrency, by market capitalization, has been surging since 27 May, mounting a massive incline in its […]
It’s been an explosive past few days for Ethereum.In the past 24 hours alone, the second-largest cryptocurrency is up 10%. As reported by NewsBTC previously, the asset is currently pushing $244, the highest price since early March.This surge is important as it comes at a critical time for cryptocurrency bulls. One prominent trader shared the […]
Tether has been trying to climb up the CoinMarketCap ladder for quite some time now, and it recently became the third-largest cryptocurrency measured by market cap, after surpassing XRP on the charts. As Tether’s supply reaches new heights, it seems to be moving away from the native Bitcoin chain, something that was pointed out by […]
Rejoice, Ethereum Community! Your blockchain has been chosen to tokenize the rewards by one of the world’s largest social media platforms, Reddit. Despite there being thousands of other projects in the cryptocurrency ecosystem, Reddit chose Ethereum’s blockchain to reward “positive behavior.” Recently, the platform also confirmed that its tokenized rewards will migrate onto the Ethereum […]
Coinbase is about to airdrop OmiseGo tokens to its customers that have stored Ethereum in their wallets for the last three years. The news of this airdrop came to light when Twitter user Jordan Spence (@spencecoin) shared a message that he received from Coinbase. The message explained, since he had stored Ethereum in his account […]
Ethereum has been able to incur some notable upwards momentum throughout the past day. This has come about after weeks of it severely underperforming both Bitcoin and the aggregated crypto market.It now appears that the cryptocurrency could be positioned to see even further gains in the near-term, as this latest movement has provided its market […]
Over the past 24-hours, the digital asset industry is starting to act lively. The largest altcoin Ethereum registered some movement after consolidating within a $10 +/- of $210 since May 22nd. However, the trend appeared to shift in the charts, as a fairly bullish scenario was observed. Ethereum 1-day chart ETH/USD on Trading View On […]
Ethereum’s evolution into a completely decentralized financial ecosystem is progressing steadily. Stablecoin issuance on the network has surged, and almost 50% of its total value is now in ERC-20 tokens. Messari crypto researcher, Ryan Watkins (@RyanWatkins_), has observed that ERC-20 tokens are approaching 50% of the total value stored on Ethereum. Over the past two […]
Crypto community has been seeing a lot of efforts recently in injecting Bitcoin into the DeFi ecosystem. The latest implementation of BTC on Ethereum blockchain, renBTC[REN] and went live just last week. Loong Wang, CTO, and Co-founder of Ren appeared on a recent podcast and talked about this new implementation. He noted that the main […]
The recent surge in Bitcoin price led to rallies in Ethereum, Cardano, Theta Token and Band Protocol, can the upswing continue? The price of Bitcoin (BTC) has been trading in a defined range over the past weeks as the halving hype has passed. Bitcoin’s price action also led to increased volatility in altcoins and some […]
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