Amazing Crypto

Category: Ethereum News

  • Despite Crackdown, Fake Ethereum App Scams Google Play Users

    A copycat Ethereum application on Google Play came under scrutiny earlier this week–scamming users under the pretext of selling them 1 ether, without selling any actual ether. Several users were tricked into buying the non-existent token, according to Hard Fork. ETH Hopefuls Scammed Currently trading at $285, ether trades on all popular cryptocurrency exchanges and…

  • The Case for Stablecoins: A Much-Needed Asset Class or the Worst Crypto Idea?

    The Case for Stablecoins: A Much-Needed Asset Class or the Worst Crypto Idea?

    The case of cryptocurrencies’ global relevance remains a moot point given its wildly volatile nature, an aspect which has spurred a billion dollar crypto-exchange market. However, some entrepreneurs and companies are determined to bring needful price stability to the digital asset market. Crypto-Trading Market Creating Huge Volatility Cryptocurrencies are arguably the world’s most exciting high-risk,…

  • Ether Price Dropped, But Ethereum Growing Rapidly With dApp Adoption

    Ether Price Dropped, But Ethereum Growing Rapidly With dApp Adoption

    Martin Köppelmann, the founder of Ethereum-based prediction market platform Gnosis, said that despite the decline in the price of Ether, the Ethereum network is growing rapidly. According to Köppelmann, the most important metric to consider in analyzing the growth of Ethereum is the performance of decentralized applications (dApps) and the interconnectedness of dApps on the…

  • Report: Nearly $2.5 Billion Paid Annually to Ethereum Miners, ETH Issuance Woes Continue

    Despite waning prices and never-ending scalability debates, the Ethereum protocol continues to rake in massive revenues for network miners, with figures confirming $2.5 billion-a-year payouts. Ethereum Miners Rake in Big Money According to a report on TrustNodes, mining revenue accounts for about 8.3 percent of Ethereum’s market cap – which stands at $30 billion at…

  • Newsflash: Ethereum Price Claws Its Way Back to $300 as Market Adds Billions

    The ethereum price clawed its way back to $300 on Wednesday as the wider cryptocurrency market experienced a double-digit recovery. Ethereum suffered a colossal sell-off during the early part of the week, dipping as low as $249 on Monday and leading many to wonder whether the second-largest cryptocurrency’s status as a launchpad for initial coin…

  • ‘Sh*tcoin’ Ethereum Price Will Fall Below $100: BitMEX CEO

    When Arthur Hayes has an opinion, he doesn’t tend to mince words. The BitMEX CEO and noted pot-stirrer stayed true to form on Tuesday when using a few, err, colorful illustrations, he predicted that the ethereum price is on track to plunge to double-digit price levels. Writing in BitMEX’s “Crypto Trader Digest,” the exchange operator’s…

  • Did ICOs Cause Ethereum to Drop by 44% in 2 Weeks by Dumping on the Market?

    Within a period of two weeks, from August 1 to August 14, the price of Ether, the native cryptocurrency of the Ethereum network, dropped by 44 percent. In 14 days, the price of Ethereum plummeted from $470 to $260, reaching its lowest point in 2018 by falling below the $300 mark for the first time…

  • Crypto Market Decline Aggravates as Ripple and Ethereum Hit Yearly Lows

    The market is down $25 billion from yesterday’s high of $219 billion, sliding to $193 at the time of writing. Altcoins have been hit hard with Ethereum down almost 18% overnight according to coinmarketcap.com and hitting lows not seen since August 2017, now trading at $264. Ripple is also at a yearly low, down 14.33%…

  • Bitcoin and Ether Lack Momentum as Crypto Market Falls Below $200 Billion

    In the past 24 hours, the crypto market has lost $23 billion, dropping from $217 billion to $194 billion, as major cryptocurrencies including Bitcoin showed a lack of momentum. What Has Happened to the Market? Without any exception, every major cryptocurrency in the market has plunged in value on August 14. Ether, the native cryptocurrency…

  • Ethereum Price Intraday Analysis: ETHUSD Drops to Yearly Lows

    The ethereum price  fell over 10 percent against the US Dollar at the start of this week, establishing fresh lows of 2018. The ETH/USD pair has been on a downward trend all this year, much like the other top coins including bitcoin, ripple, and litecoin. At the time of this writing, the pair has experienced…