There is always one development in the cryptocurrency world that might not make too much sense at first glance. Paying an Ethereum transaction fee of over $2.5 million certainly is rather unique, but primarily costly. Transaction fees are an integral part of most cryptocurrency networks. A Rather Excessive Ethereum Fee […]
Tag: Ether
Just 10 Ethereum Addresses Control 17% of the ETH Supply
When looking at the distribution of cryptocurrencies, there will always be so-called “whale accounts”. In the case of Ethereum, those accounts hold a significant amount of funds, yet there doesn’t appear to be any cause for concern. An independent audit of the top 10,000 Ethereum wallet addresses by balance has […]
Mythic Gods Unchained Card Sells for 210 Ether
Some decentralized applications have noted major successes in 2019. Gods Unchained can now be added to this list, as the project keeps making various headlines. Blockchain-based trading card games have always been rather popular among cryptocurrency enthusiasts. A Major Gods Unchained Card Auction So much even that some are willing […]
Ethereum Price Loses 5% yet Traders Continue to Accumulate
A lot of things happen in the cryptocurrency world every single week. Most of those developments gain some form of traction, whereas most traders and speculators tend to ignore everything else. In the case of Ethereum, its hard fork seemingly went off without a hitch. However, it has not affected […]
Ethereum Price Continues its Push Toward $130 Despite Bearish Bitcoin Momentum
With a tiny bit of bearish pressure on Bitcoin, one would expect both XRP and Ethereum to take advantage of the situation. Contrary to that belief, XRP is not noting any gains right now. Instead, the Ethereum price is getting all the love, as this value is seemingly underway to […]
Ethereum Price Holds its own Despite “jab” by Justin Sun
It is refreshing to see most, if not all of the top crypto markets in the green on a Saturday afternoon. Such a sight is rather uncommon, especially over the past year or so. As far as the Ethereum price is concerned, the uptrend seemingly remains in place. Minor gains […]
Ethereum Price Remains Above $105 as Bitcoin Gets Tokenized on the ETH Blockchain
It hasn’t been an easy month for Ethereum in terms of its price. Similar to Bitcoin and other top markets, Ethereum has lost a fair bit of value and struggles to reclaim any of it. The past 24 hours offer a small glimpse of hope, although it remains to be […]
Ongoing Ethereum Price Decline can Drive Value Below $100 Again
It is safe to assume the year 2019 isn’t offering what so many Ethereum speculators were hoping for. Although it is still in the top 3 ranked by market cap, Ethereum seemingly cannot catch a break. Over the past few hours, the Ethereum price has dropped by another 8%, further […]
Ethereum Price Surges to $130 as new Rally Shows Potential
When all cryptocurrencies go in the green on a Sunday morning, it almost seems as if something is amiss. Such a sight is very unusual in this industry, regardless of what the overall momentum has shown throughout the week. For Ethereum, it seems the push to overtake XRP in market […]
Why a Respected Analyst Believes Institutional Investors Will Not Commit to Crypto in 2018
Gabor Gurbacs, the director of digital assets at VanEck, recently said it remains uncertain whether institutional investors will commit to crypto in 2018, due to the regulatory burden on the asset class. Price Isn’t Reacting to Positive News Since early August, the cryptocurrency sector has seen some of the most […]
Augur’s Prediction Market Is Underwhelming
2018 will likely be remembered as a landmark year in cryptocurrency, as a period in which many of the early initiatives and well-funded ICO startups launched. While many of these projects have exciting and potentially paradigm-shifting capabilities, it’s also important to recognize that the realities of such developments do not […]
Ethereum Price: Bulls Attempt to Push the Value to $500
The coming hours may prove to be crucial for the cryptocurrency industry. With all markets still in the green as of right now, the current situation looks rather promising. Even the Ethereum price is heading in the right direction, as it will seemingly hit $500 again later today. That would […]
10% of Millennials Are Selling Crypto to Afford Their First Home: $2B Real Estate Firm
According to Redfin, a multi-billion dollar real estate company listed on Nasdaq, 10 percent of millennials have sold their crypto holdings to afford their first home. Breakdown of Millennials’ Investment Strategies In March of this year, Redfin surveyed 2,000 US residents to understand the perspectives and concerns of both millennials […]
Why Apple’s Co-Founder Believes Ethereum Will Outlive the Blockchain Hype
Steve Wozniak, the co-founder of $913 billion technology giant Apple, has said that Ethereum is one of the few blockchain protocols that will outlive the dotcom bubble-esque blockchain hype. Only Bitcoin and Ethereum Will Survive In an interview with CNBC, Wozniak stated that Ethereum has the potential to outlive the […]
Privacy-Focused Mainframe Donates 1,000 ETH to Press Foundation
Barely a day after announcing that it would be accepting cryptocurrencies as donations, Freedom of the Press Foundation (FPF) has received 1,000 ETH in its first-ever crypto donation. The donation was made by decentralized communications network Mainframe and is worth $530,000 at current market rates. Mainframe stated in a blog post […]
Bitcoin and Ether Are Not Securities: SEC Director Sets the Record Straight
Bitcoin and Ether are not securities, the SEC’s director of corporate finance, William Hinman, stated on June 14. This is because these cryptos lack a central third party whose efforts are key in determining their success. Hinman went on to state that over time, there may be other sufficiently decentralized […]
Bitcoin Is Controlled by China: Ripple CEO Tears Into Bitcoin
For as long as we’ve known him, Brad Garlinghouse has not been one to mince words when talking about the world’s biggest cryptocurrency. He has continuously branded it as the Napster of cryptos, a pioneering platform whose technology and approach made it impossible to achieve success in the face of […]
Ethereum Price: Most Gains Above $500 Have Been Wiped out Already
The past 24 hours have been relatively exciting for most cryptocurrency markets. Although the dust has yet to settle and the bearish pressure is far from over, there are some small gains to look into. The Ethereum price, for example, finally climbed above $500 again, even though most of its […]