On Thursday, September 3rd, ETH is trying to stabilize after a technical correction the day before. It is generally trading at $442.00 USD.
The latest frenzy around the Yield Farming DeFi protocol on Ethereum has got more investors lured to the Ethereum blockchain. Investors are hopeful that with the DeFi craze, ETH price will surge northward.
The crypto market is trying to grow after another correction.
This recent Bitcoin price upgrade recorded reveals the bulls have been able to keep the price away from its previous resistance level ($11,500) as crypto traders and investors now shift their focus on the $12,000 price level.
The sell-offs appear to be prompted by the pushback Bitcoin (BTC) is experiencing at the $12,000 price mark.
The attack termed as “Dogbyte” allows passive observers to access the secret project to break the security of the protocol. All it requires is the central coordinator to conspire with a participant according to ZenGo.
Bitcoin being tokenized on the Ethereum network will mean an increased activity in the Ether system, which has lately been related to high transaction fees.
Crypto-investors long Ethereum amid the upcoming Ethereum 2.0 transition despite the high transaction fee.
With the increase in Ethereum blockchain activity and amid the growth of ETH price, Ethereum miners were reported to have earned $500,000 in transaction fees in one hour – the biggest amount recorded ever.
Bitcoin’s price action on Monday, August 31st, was quite uncertain. Although it seemed like a double bottom pattern had formed over the weekend, the erratic behavior seen on this day left many scratching their heads.
Ethereum price is up 6% in the past 24 hours to trade around $430 at the time of reporting. This comes after a notable increase in ETH whales despite the cited challenges in implementing Eth 2.0.
SBI FX Trade will become the first forex exchange firm in Japan to support CFD trading for cryptos, including BTC, ETH and XRP.
Futures trading offers an abundance of possibilities for traders including leveraged trading, speculation, and the ability to create strategies that offer uncorrelated returns to the general market.
Ethereum-focused industry startup ConsenSys announced on Tuesday that it had acquired JPMorgan’s Quorum blockchain unit. Earlier JPMorgan was directly involved in funding the ConsenSys quest in the seamless adoption of blockchain technology.
Ripple CEO says that Flare combines the best technological features of Ethereum and Avalance and serves as a smart contract platform for XRP.