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Blockchain News

cryptocurrency June 2, 2020

Advertisements 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 […]

cryptocurrency June 1, 2020

Advertisements The weekend was pretty uneventful for the world’s top cryptocurrency as the BTC-USD pair maintained quasi-stability around $9,500. Which way the price will sway from here still remains fairly unclear. There is a growing bearish divergence in the RSI as well as a bullish cross between the 50 and 200-hour moving averages (MA) recently. […]

cryptocurrency May 30, 2020

Advertisements 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 […]

cryptocurrency May 29, 2020

Advertisements 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 […]

cryptocurrency May 28, 2020

Advertisements Speculations were rife in the cryptocurrency space for about a week about the much-hyped client conference call by Goldman Sachs. As BeInCrypto previously, reported, the financial giant was supposedly planning to focus on ongoing financial trends and their impact on inflation, gold, and Bitcoin. However, even before the conference call took place on May […]

cryptocurrency May 28, 2020

Advertisements Bitcoin may have stumbled at resistance and could be heading for a prolonged period of consolidation at lower levels. Ethereum, however, could be on the cusp of another bull market as on-chain metrics and signs continue to improve. In a lengthy thread, DTC Capital head Spencer Noon (@spencernoon) posted several charts and metrics that […]

cryptocurrency May 26, 2020

Advertisements Following a slightly disappointing start to the week, the BTC-USD pair bounced back from the $8,600s and is now gradually approaching $9,000 yet again. Whether or not the bulls manage to build on this momentum to push the price beyond the resistance around $9,100 remains to be seen. By now it is becoming clear […]

cryptocurrency May 25, 2020

Advertisements Bitcoin started the week on a much weaker note after the bulls failed to keep the BTC-USD pair afloat over the key support line at $9,100. As of writing, the benchmark cryptocurrency is down more than 5% since the intraday high of $9,300+ on Saturday and is trading at just over $8,850. As BeInCrypto […]

cryptocurrency May 25, 2020

Advertisements Ethereum prices are starting to weaken again as Bitcoin fails to break over an important resistance. On-chain metrics and fundamentals for the ETH network are still looking positive, however. On-chain market analysis provider Glassnode has delved into addresses on the Ethereum network, identifying a bullish trend. There are now 40 million ETH addresses holding a […]