Despite some pessimistic moods in the crypto community, Changpeng Zhao, the CEO of Binance, believes that crypto still has room for 1000x growth in the upcoming years.
A major recovery of Ethereum and other altcoins support today’s cryptocurrency market price surge.
Vitalik Buterin gives a logical explanation saying not just ‘euphoria’ but ‘actual usage’ will support the future growth of digital currencies.
Having started its way in the U.S. from California, the digital asset trading platform OKCoin is expanding into 20 more states.
The price of Ethereum (ETH) has significantly underperformed the overall crypto market, dropping more than 60% since the beginning of September.
Cryptocurrency market sentiment continues to remain negative as Ether (ETH) and other altcoins enter a downward spiral.
Though some optimists still hope for the bright future for cryptos, Ethereum co-founder believes that we won’t see 1000x Growth again.
The SEC cited the reason of its interim suspension stating that the funds create a “confusion amongst market participants.”
By Thursday, Sep 6, Ether is still under pressure. Today, the crypto is losing 0.1%, trading around $228.18. Yesterday Ether lost around 20% and the price is now trying to find a support.
Just few weeks after launching an XRP wallet, the hybrid payment platform Wirex is officially adding ethereum to the list of supported digital currencies.
Buterin talked about the Ethereum developer community is working on proposals to make gas payments in ETH at the protocol level, which could prevent the ETH price collapse.
The announcement comes just few months after Cloud giant Google introduced Bitcoin blockchain support for its BigQuery data analytics service.
The ETH miner community has called this decision a conservative choice but developers say that after seeing the perceived outcomes of this update, they would further decide on it in the next hard fork.
The most valuable crypto firm in the world, Bitmain, has revealed that its BTC.com subsidiary will soon open Ethereum and Ethereum Classic mining pools.
Developers of the Ethereum platform are trying to achieve a balance in a tug-of-war between the miner and developer community with regards to the upcoming changes.