Summary:The Ethereum network is on track to settle $1 Trillion this yearSuch an amount in a one year period will be a first for any public blockchainEthereum is currently transacting two times more value than Bitcoin on a daily basisThis has been due to the rise of stablecoins on ETH
Read More
Summary:The number of Ethereum addresses holding between $1 and $10 currently stands at 15 millionThis is almost two times higher than those of Bitcoin holding a similar amountEthereum continues to be the favorite for those transacting on the blockchainEthereum has also dominated trending topics after ETH broke $400The number of
Read More
Summary:Ethereum’s value has received a major boost from the PayPal newsEthereum is one of the major digital assets that PayPal’s crypto service will supportETH has since broken the $390 and $400 resistance levels with $420 up aheadProgress on ETH2.0 has continued to gather steam with a deposit contract expected any
Read More
Quick take:Grayscale currently manages a total of $6.3 Billion in digital assetsIts Ethereum trust is worth $869.7 MillionThis figure is approximately 2% of Ethereum’s market cap indicating Grayscale holds a similar percentage of ETH’s circulating supplyThe team at Weiss Ratings predicts an 18% spike in Ethereum’s value once ETH2.0 is
Read More
Last updated:October 17, 2020Quick take:Tradingview has added charts for trading pairs on the Uniswap protocolTyping ‘UNISWAP:’ into the Tradingview search box populates the top 100 symbols by LiquidityUniswap continues to dominate the Decentralized Exchange industryTraders and investors using the UniSwap Protocol can now chart their favorite trading pairs on TradingView.
Read More
Crypto Miners Wiped Out in Chinese FloodWhile Bitcoin is a digital technology, natural disasters still affect this nascent ecosystem. Poolin, a prominent cryptocurrency mining pool, recently posted an image on Twitter of a flood “DEVASTATING” a mining farm in the Sichuan region of China.2/2 clip of personnel digging out miners
Read More
Blockstream, a Canadian firm focused on developing products for the cryptocurrency industry, announced the launch of two large data centers for enterprise level co-location services. The developer of Bitcoin satellites and consumer wallets also introduced the BetterHash protocol-based Blockstream Pool. The company’s latest products are aimed at preserving the decentralization of
Read More
With ever-increasing hashrates and mining difficulty, the power consumption of cryptocurrency mining is set only to climb higher.Ever since the price of Bitcoin surged in 2017, media attention turned to cryptocurrency mining’s energy consumption and the consequential environmental footprint. In a world becoming ever more dedicated to stopping climate change,
Read More
Last updated:September 5, 2020In summary:Justin Sun has hinted of launching a wrapped version of Bitcoin on the Tron networkSuch a move would bring Bitcoin’s value to Tron’s DeFi ecosystemFurthermore, it would capitalize on the efficiency of the Tron network which is cheap and fastJustin had also been requested to bring
Read More
Quick take:Tron has proven immune to the ongoing crypto market selloffTRX has broken $0.04, a value last tested in June 2019Tron (TRX) has edged out EOS on CoinmarketcapTron’s bullish climb is as a result of investors locking up their TRX to mine the Sun (SUN) tokenA quick glance at Coinmarketcap
Read More