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“# Kevin O’Leary of ‘Shark Tank’ espouses deflationary future for Ethereum ” Canadian entrepreneur, investor, and reality television personality, Kevin O’Leary — also known as “Mr. Wonderful” — appears to now be singing Ethereum’s praises as a deflationary asset. Clearly reading from a script, O’Leary took to Cameo — a website that allows users to…
“# Investors are shelling out six figures for pet rock NFTs ” The latest craze to resurface in the effervescent nonfungible token (NFT) scene is a collection of digital pet rocks from 2017 dubbed EtherRocks. On August 8, a single EtherRock sold for a whopping 45 ETH — worth roughly $135,240 at the time. EtherRock…
“# Price analysis 8/9: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK ” Bitcoin’s (BTC) recovery from $29,482.61 on July 21 has continued to surpass one resistance after another. Today, Bitcoin has risen above the 200-day simple moving average, an indicator watched by institutional investors to determine whether the asset is bullish or…
“# Top 5 cryptocurrencies to watch this week: BTC, LTC, ICP, THETA, FTT ” Bitcoin’s (BTC) rally above $45,000 suggests that the short-term sentiment has turned positive and this has increased buying interest across the board and pushed the total crypto market capitalization above $1.8 trillion. Driven by the tailwind of the London hard fork,…
“# 3 reasons why Ethereum is unlikely to flip Bitcoin any time soon ” After a 13% rise in two days, Bitcoin’s (BTC) market capitalization surpassed $800 billion to reach its highest value in 79 days. During the same timeframe, Ether (ETH) accumulated a 45% gain in two weeks, placing the network’s market capitalization at…
“# Here’s what traders expect now that Ethereum price is over $3,000 ” This week Ethereum’s London hardfork was completed without a hiccup and investors have now reset their eyes on new highs above $3,100. Data from Cointelegraph Markets Pro and TradingView shows that the price of Ether (ETH) did in fact experience a “sell the…
“# Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears ” Ethereum’s native asset Ether (ETH) crossed above $3,000 in an extended upside rally on Aug. 7, hitting a three-month high. Nevertheless, the cryptocurrency’s incredible move upside also boosted its possibilities of facing a bearish backlash. An on-chain indicator that tracks the total…
“# Altcoin Roundup: Hodling Ethereum? Here’s how and where to stake your ETH ” The overall feel across the cryptocurrency landscape over the past week has been one of bubbling anticipation, with the Ethereum network finally undergoing its London hard fork, which includes reforms to the transaction fee market, thanks to EIP-1559. London is the…
“# Price analysis 8/6: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK ” Bitcoin (BTC) has staged a smart recovery in the past few days and the interest in the crypto sector seems to be picking up. JPMorgan Chase has added access to a new Bitcoin fund created by New York Digital Investment…
“# MyEtherWallet founder notes two key aspects of Ethereum London hard fork ” Ethereum underwent an upgrade on Thursday, bringing with it a number of alterations to the network’s blockchain. CEO and founder of MyEtherWallet, Kosala Hemchandra, pointed toward two changes of particular importance. “The London upgrade adds around 5 changes to the current Ethereum network; however,…