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Month: May 2020

cryptocurrency May 19, 2020

Advertisements As Ethereum gears up to shift to a proof-of-stake consensus, here is a guide explaining token staking on the ETH 2.0 blockchain. What are the risks and benefits of staking? Passive income vs. vulnerability to changes in the market. Advertisements The most obvious benefit of staking is the opportunity to generate income from holding […]

cryptocurrency May 19, 2020

The charts of the cryptocurrency market have been reflecting the distinct impact of sudden price movement all across the altcoin market. While the price of some altcoins spiked, others were quick to enter the bearish zone again. Advertisements Ethereum [ETH] Source: ETH/USD on TradingView Advertisements The second-largest cryptocurrency in the market, Ethereum [ETH] has been […]

cryptocurrency May 19, 2020

Advertisements Bitcoin failed to make it back into five-figures on Monday despite a promising start and has since retreated to the mid-$9,000s. However, odds are reasonably high that it will once again kick start a new rally to reclaim the lost ground above $10k. Meanwhile, new data from the cryptocurrency research platform, The Tie, shows […]

cryptocurrency May 18, 2020

The cryptocurrency market has been noticing a rising price in the spot market. Ethereum, the second-largest cryptocurrency has seen strong green candles over the past couple of days. According to data, ETH’s price has climbed up by 12.44% in the past two days and was valued at $211.96, at press time. As the spot price […]

cryptocurrency May 18, 2020

Advertisements The team behind tBTC, a decentralized Bitcoin-to-Ethereum bridge, pulled the plug on the system after a yet-undisclosed bug was discovered by software developers. The team behind the tBTC project, an effort to bring Bitcoin (BTC) over to Ethereum (ETH) through decentralized custodians, shut down the bridge just two days after launching it. The decision […]

cryptocurrency May 17, 2020

After rallying over 100% from March’s capitulation lows, analysts are expecting a retracement in Ethereum, Bitcoin, and other top cryptocurrencies. They cite simple technical factors showing this market has lost the bullish momentum it had just 10 days ago.This bearish outlook, however, hasn’t stopped investors with deep pockets from accumulatingDeep Pockets Are Accumulating Ethereum & […]

cryptocurrency May 16, 2020

Ethereum could be well positioned to see some notable upside in the days and weeks ahead, despite its overt signs of weakness caused by its recent decline to the sub-$200 region.Analysts are now noting that its market structure still favors buyers so long as it maintains above $185, and that a continued defense of this […]