Blockfyre co-founder Simon Dedic predicts that Bitcoin (BTC) prices will hit $150,000. However, he doesn’t think that this rise will be like the one we observed in 2017.
Tether is now the third biggest cryptocurrency by market capitalization. On May 25, it overtook XRP, reaching a market cap of around $8.7 billion. Now it is expected that USDT can become the number two crypto instead of Ethereum.
Vitalik Buterin believes that the role of crypto has changed significantly since 2008. Today Bitcoin is not just “protest” money as it is said by CZ.
In his latest tweet, Buterin has forecasted the success for the Layer 2 scalability of the Ethereum platform adding that there’s still some refinement and deployment left. However, Ethereum 2.0 launch has been delayed further owing to code bug.
Tether stablecoin owned by Bitfinex has announced the decision to integrate with a newly-launched OMG plasma network that is a plasma-based Ethereum sidechain.
Today, on May 28th, Ethereum is generally trading at around $210. ETH is said to be underpriced by the market these days.
The new Visa crypto debit from Eidoo and Contis will allow Bitcoin and Ethereum investors to spend their holdings at 40 different merchant locations across the U.K. and Europe by using Moneyfold’s stablecoin facility for crypto-to-fiat conversions.
A cybersecurity firm Under the Breach reported that Ethereum forum hacker is now selling the databases of Trezor, Ledger, and BnkToTheFuture. However, Trezor and Ledger claim that their systems are secure but have taken the matter seriously.
Ethereum 2.0 which is built to work on the Proof of Stake Network has been facing delays and postponement in going live as attributed to bug fixing. The developers planned the upgrade of the proof-of-stake algorithm for June.
Bitcoin is still dominant in the cryptocurrency space with data showing that it has staggering 140 times more daily active addresses than Ripple’s XRP.
Flash loans first presented by Marble Protocol in 2018 open possibilities that are hard to imagine. They are believed to reshape the world of cryptocurrencies and the economy in general.
Ethereum 2.0 project lead Danny Ryan explained the main reasons behind the multiple delays in launching the network.
On Thursday, May 14th, Ethereum (ETH) price keeps growing, the second-largest crypto is currently trading at around $202, having added 6% in the last 24 hours.
By announcing its native blockchain wallet – the “Vault” and the Loot Tokens representing the “community points”, Reddit takes the crypto route to establish user authenticity and credibility on its platform.
The cryptocurrency market is correcting before another descending wave. In the past, Bitcoin didn’t start rising aggressively after the halving, on the opposite, it was even falling for a while and managed to break its previous highs only 3-6 months later.