Category: Ethereum
-
Bitcoin price doubles since the halving, with just 3.4M Bitcoin left for buyers
The Bitcoin price has doubled since the halving in May, with Chainalysis attributing much of the bullish price action to the insatiable appetite of institutional investors.
-
Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks
The cryptocurrency exchange Coinflex has announced the launch of a unique interest-bearing stablecoin called Flexusd. The new stablecoin is considered to be the first dollar-backed crypto that pays interest at the base level. Moreover, the new token is built on the Ethereum blockchain and the Bitcoin Cash network as well by leveraging the Simple Ledger…
-
3 reasons Ethereum dropped much harder than Bitcoin in abrupt correction
Within 30 minutes, on November 18, the price of Ethereum dropped 7.7% as Bitcoin also recorded an abrupt 6% drop. ETH saw a much sharper drop in the same period, sparking concerns regarding extreme volatility. Three key reasons likely caused Ethereum to see a more volatile drop than Bitcoin. The factors are thinner order book,…
-
Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x
On Wednesday, November 18, 2020, the price of bitcoin has been coasting along at levels not seen since the decentralized currency’s all-time high three years ago in 2017. The cryptocurrency’s market capitalization is currently hovering at around $334 billion today. Likewise, the daily rate of bitcoin issuance during the last three years makes the overall…
-
Ethereum’s top 10 DApps hit 1M users this month
Ethereum’s top 10 most-popular DApps have collectively amassed more than 1 million active users over the past 30 days.
-
Bitcoin Touches $17K Price Zone, BTC Dominance Levels High, Altcoins Still Way Behind
On November 17, the price of bitcoin touched another 2020 all-time high (ATH) when the crypto asset surpassed the $17k price zone on Tuesday. Bitcoin dominance has risen higher during the last few months and currently hovers at 65% this week. Despite the massive rise in bitcoin value during the last few months, altcoins are…