Chainlink introduces trusted decentralized randomness into the crypto ecosystem. On May 11, Chainlink (Link) announced the launch of a verifiable random function (VRF) that enables generation of on-chain trusted randomness. Ii is undergoing security review on the testnet where it is available for integration testing. Initially, it will work with the Ethereum (ETH) blockchain. Benefits […]
The evening of 9 May saw the bears walking in the market and caused a lot of damage to the price of most major cryptos. While major alts suffered some loss in terms value, others 2020 gains were mostly wiped-off. Ethereum [ETH] Source: ETH/USD on TradingView The second-largest coin in the market in terms of […]
Digital marketplace ErisX announced the launch of its first U.S. based Exchange-traded Ether futures contracts on 11th May. Following this development, individuals and institutional investors will be able to access physically delivered futures contracts based on ETH-USD with monthly and quarterly expirations. Following the development, Thomas Chippas, CEO of ErisX commented, “We strongly believe that […]
Ethereum made a retreat to $189 after the latest price plunge. The price of the largest altcoin, ETH had turned red following the increasing downward pressure. It appears that ETH’s tryst above the $200-level was short-lived as significant gains were wiped following the drop. In addition, the market indicators are pointing towards a risk of […]
The collective crypto market was in a consolidation phase; as Bitcoin’s awaiting its third halving, conversations about the direction of its price engulfed the community. Currently, the cryptocurrency market exhibited of convergence of Ethereum and Bitcoin price volatility despite the general notion that the price of the latter is expected to show some drastic movement […]
Ethereum is down more than 10% and it broke the key $200 support against the US Dollar. Bitcoin’s decline is increasing pressure on ETH and it could decline further to $175.ETH price is gaining bearish momentum and it broke the key $200 support zone against the US Dollar.It is now trading below $192 and the […]
Ethereum, the second-largest crypto in the world, has seen significant growth over the years, in terms of both upgrades and the coin’s performance on the whole. In fact, the Ethereum Alliance in 2017 had also promised to drive the use of Ethereum blockchain technology as an open-standard to empower all enterprises. It’s been three years […]
The COVID-19 pandemic may have put a stop to live conferences, but that didn’t prevent the Ethereal Summit from happening. Instead of gathering together, event participants streamed a two-day conference online. One of the highlights was a conversation in which Ethereum Co-Founder Joseph Lubin and Galaxy Digital Founder and CEO Mike Novogratz tackled Ethereum 2.0 […]
After registering major losses over the course of the Black Thursday price crash in March, Ethereum has since been steadily inching closer to 100 percent recovery. Ethereum’s price movement has been on an uptrend for some time now, but for how long will the bullish sentiment sustain itself for the world’s second-largest cryptocurrency? Right now, […]
Ever since the CME launched futures for Bitcoin, investors have been asking for Wall Street-centric Ethereum futures. The reason: cryptocurrency investors believe these derivatives will catalyze ETH buying by an institutional audience.Analyst Expects Ethereum Futures to Send Price FlyingAccording to a prominent crypto trader, “it won’t be long before we see [Ethereum] futures launch [on […]
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