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Year: 2020

cryptocurrency June 3, 2020

In what was yet another example of the cryptocurrency market’s inherent volatility, Bitcoin, the world’s premier cryptocurrency, sharply fell within a few hours after a brief period when it breached its psychological resistance at $10,000. However, while many in the community did expect corrections to come, the general mood remains one of optimism. Source: Coinstats […]

cryptocurrency June 3, 2020

The Bitcoin community is certainly no stranger to sudden price drops that are very rapid, deep, and volatile. However, the plunge that brought the alpha cryptocurrency down by some $800 in as little as five minutes yesterday came as a rude shock to many traders who were virtually left stranded on the wrong side of […]

cryptocurrency June 2, 2020

As May concluded, the cryptocurrency market took a sigh of relief as it was able to close on a positive note. The fifth month of the year saw volatility creep back into the market, contributing to drastic changes in the trading activities of the industry’s users. Similarly, the sudden push in Bitcoin’s price provided a […]

cryptocurrency June 2, 2020

Ethereum surged significantly over the last 24-hours, a movement that catapulted the altcoin’s price to $251.7, at the time of writing. While its recent gains weren’t enough to recover the losses incurred during the crash, the coin, however, might attract another bullish swing in the near-term. Ethereum 1-Day Chart Source: ETH/USD on TradingView Ethereum just […]

cryptocurrency June 2, 2020

Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum’s second-layer scalability solutions still need some work. Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum second-layer scalability solutions still need some work. Ethereum co-founder Vitalik Buterin claimed on June 1 that the blockchain’s layer-two scaling initial deployment […]

cryptocurrency June 2, 2020

Ethereum co-founder Vitalik Buterin said that the blockchain’s initial layer-two scaling deployment is nearly complete. Ethereum co-founder Vitalik Buterin said that the blockchain’s layer-two scaling initial deployment has “basically” succeeded. In a June 1 tweet, Buterin claimed that most of the initial work on Ethereum’s second-level scalability solutions is nearly complete.  To back his claim, […]

cryptocurrency June 2, 2020

The cryptocurrency market noted a rather flat month in May. While the general consensus in the community was that Bitcoin’s third halving will rally the bull market, the bulls did not materialize. However, with the last month of the second quarter now beginning, a new phase of market fluctuations may just dawn upon everyone. Another […]

cryptocurrency June 2, 2020

Ethereum is on the move in terms of development and price with the recent successful deployment of a number of layer-2 (L2) scaling solutions. Scaling has long been an issue that has plagued the Ethereum ecosystem; however, that has not stopped developers rolling out new solutions and platforms for it. Ethereum co-founder, Vitalik Buterin [@VitalikButerin], […]

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