The crypto space has been quite volatile over the past weeks, but holders of Ethereum (ETH) are, no doubt, quite pleased with the latest turn of events. Ether, the actual cryptocurrency of the network, has recorded its biggest jump in 20 days, and it seems likely that there is going to be a lot of
Ray Schuetz
Ray Schuetz received a Masters Degree in computer science from The University of Texas (Austin). Ray has been working as a full-time blockchain consultant for the past 3 years. In his spare time, Ray enjoys writing for EthereumCryptocurrency.com and other crypto news publications.
Ethereum (ETH) is the second biggest cryptocurrency in the world in terms of market cap, and during the course of the Bitcoin rally, it has had its ups and down as well. Bitcoin has seen wild price swings this year; its price has risen over 220% since January. Well, Ethereum has also witnessed crazy price
Privnote, a free web service that which lets users send encrypted messages that self-destruct once read, has been copied with the reported aim of redirecting users’ bitcoin to criminals. In a Sunday post on cybersecurity blog KrebsonSecurity, journalist Brian Krebs warned users of a phishing scam that lures unsuspecting victims to a near-identical version of
The world of crypto has developed at a breakneck pace over the past few years, and in a new development, cryptocurrency firm BitGo has announced the launch of its own crypto lending service. In recent times, the crypto lending industry has grown at a decent pace, but there is still room for a lot of
Despite yesterday’s 8% crash in the price of Bitcoin (BTC) driving many BTC bulls from the markets, altcoin longs have only seen slight declines, with Ether (ETH) longs defying the trend with a slight rally test of recent all-time highs on Bitfinex. However, altcoin bears are quickly emerging from the woods, with shorts against many
Gaming behemoth Atari announced that holders of its Atari token will be able to spend it on betting, gaming and shopping. According to an announcement on June 12, the new offerings for Atari token holders follow a partnership with esports firm Unikrn. With the partnership, Unikrn will get access to Atari’s classic games such as
Microsoft announced on June 10 that it had discovered a number of cryptojacking attacks on powerful machine-learning clusters on its Azure cloud computing network. In a blog-post, the company said that some customers had misconfigured nodes, allowing attackers to hijack them to mine the privacy-focused cryptocurrency Monero (XMR). Default settings overridden Microsoft said that it
Takeshi Fujimaki, a former adviser to George Soros, has said that Paul Tudor Jones is attempting to capture the big trend. According to Fujimaki, Jones’ recent investment into Bitcoin (BTC) indicates that he is concerned about inflation and believes that cryptocurrencies could benefit in such an environment. Following the recent growth and popularity of Grayscale’s
The cryptocurrency market is on a downward trend after Bitcoin failed to establish support at the $11,000 level, plunging instead to around 10% to the $10,000 region. Ethereum has equally felt the heat, plunging 32% in what was the largest percentage loss ever in a single day, and on Monday it was trading at $206.08.
In summary: Ethereum’s price has zoomed past the $225- $228 resistance zone. The next price level of considerable resistance for ETH is at $250. Deribit experienced a record volume of $20 million in ETH options traded. ETH’s price could keep moving up as all bets are on ETH2.0 being launched in July. Traders and investors
Look below at the map of public nodes on Bitcoin’s Lighting Network. Europe and the U.S. are filled with them. The rest of the world is an ocean of blankness with a few scattered islands. Source: Lighting Network Explorer Africa appears to have eight nodes total. From this map, entrepreneur and IT guru Chimezie Chuta
Tax day this year, like everything else, is different. The United States Internal Revenue Service has rescheduled it to July 15, but there’s little time left to get your records together and to file. Everyone knows the IRS is pushing hard to scrutinize crypto. A new IRS question appears at the top of Schedule 1
Newly released documents relating to Telegram’s 2018 ICO have revealed some big-name backers, including Russian oil tycoon Roman Abramovich and former Minister of Open Government Affairs Mikhail Abyzov. The publication of the documents highlighting some of the big-money backers in Telegram’s planned blockchain, Telegram Open Network (TON), is just the latest development in the US
Ether (ETH) mining pool Etherchain decided to distribute the $2.6 million in fees it received as part of the abnormal string of transactions seen last week. According to a tweet published on June 15, the pool will distribute the windfall to all miners who participated in that block, according to a snapshot taken at the
The crypto space has not been in the best of health over the past few weeks as the coronavirus pandemic and the associated turmoil in the markets took its toll. However, that does not mean that important developments have not been taking place in the crypto sphere amidst the turmoil. Key Things to Watch One
Last week, Ethereum (ETH) showed some near-term recovery against the US dollar with the ETH/USD pair forming a support base above $200 before showing signs of upside correction. On the other hand, Ripple (XRP) did not perform well last week with prices falling by over 7%, but in Monday’s session, the coin has been rather