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Day: August 1, 2020

cryptocurrency August 1, 2020

Ethereum price hit a 2-year high today and 3 factors suggest the altcoin could rally even higher. In the last two weeks, Ether (ETH) price increased by 75% as the price rallied from $222 to $400. Many investors believe Ether’s momentum is buoying the entire market, and possibly even pushing Bitcoin (BTC) upwards. ETH-USD daily […]

cryptocurrency August 1, 2020

In brief: Earlier today, Etheruem Classic experienced a chain split that hinted of a possible 51% attack.  Crypto exchanges were advised to pause deposits and withdrawals.  Investigations are still ongoing with an initial diagnosis hinting that the chain split was not malicious in nature.  Unmined transactions will be re-submitted.  Earlier today, EtherChain, the team behind […]

cryptocurrency August 1, 2020

Ethereum classic was attacked? ETC network briefly goes down for maintenance, diagnosis report explains what happened. On August 1, several figures associated with Ethereum Classic (ETC) took to Twitter to inform the community of issues with the ETC blockchain. Among the first was Ethereum Foundation member Hudson Jameson who stated that: “Exchanges need to pause […]

cryptocurrency August 1, 2020

Quick summary: The short term correlation between Ethereum and Bitcoin is gradually dropping. The drop could signal the end of a 3-year high correlation between BTC and ETH. The last time Ethereum’s correlation with Bitcoin dropped significantly, was in 2017 and before the crypto-wide bull cycle. The short term correlation between Ethereum (ETH) and Bitcoin […]

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