Tag Archives: eth

UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers

UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers

Revolut customers in 49 U.S. states can now buy, hold and sell bitcoin (BTC) and ether (ETH) on the digital bank’s crypto platform. The British fintech firm entered the U.S. in March and waited until it had already established its core products in the country before launching bitcoin services as well, said Revolut crypto chief Edward Cooper. Revolut gained the regulatory […]

Nearly $60M in Bitcoin Moved to Ethereum in June

Nearly $60M in Bitcoin Moved to Ethereum in June

Nearly $60 million worth of bitcoins moved to Ethereum during June, according to data estimates from Dune Analytics. Wrapped Bitcoin, the oldest tokenized bitcoin protocol on Ethereum, is responsible for roughly 75% of that growth after moving more than 4,800 BTC to Ethereum last month. Demand has increased for using bitcoin in a variety of decentralized financial services as Ethereum […]

Ethereum Has Become Bitcoin’s Top Off-Chain Destination

Ethereum Has Become Bitcoin’s Top Off-Chain Destination

Since 2016, software engineers have worked to extend the oldest and largest cryptocurrency’s use cases through a variety of companion protocols, like the Lightning Network for payments or the Liquid Network for trading. But to date, the most popular off-chain protocols that use bitcoin (the currency, with a small “b”) run on the largest rival to Bitcoin (the […]

Tokensoft Distributes $4M in Equity to Investors Using Ethereum Blockchain

Tokensoft Distributes $4M in Equity to Investors Using Ethereum Blockchain

Tokensoft, a digital securities platform for enterprises and financial institutions, has used blockchain tech to distribute equity to investors in a $4 million funding round. The seed round, which commenced in July 2018, was co-led by Base10 and e.ventures, with Coinbase Ventures and Fidelity-affiliate Avon Ventures also participating. The investors receive a digital representation of […]

Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins

Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins

Major cryptoasset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets. In a blog post, the platform claimed, “Among customers with at least five purchases, 60% start with bitcoin but just 24% stick exclusively to BTC.” It means that 60% of BTC […]

Crypto Market Sentiment Ends Its Winning Streak; Bitcoin Back to Neutral

Crypto Market Sentiment Ends Its Winning Streak; Bitcoin Back to Neutral

The market sentiment cut its string of gradual, week-per-week growth. After four weeks of minor upward movements, and last week’s break into the 5-6 score level with a sentscore of 5.27, this Monday the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins dropped slightly to 5.2/10, as measured by crypto market sentiment […]

JPMorgan Dipping its Toes into the Ethereum Ecosystem Could Be Bullish for ETH

JPMorgan Dipping its Toes into the Ethereum Ecosystem Could Be Bullish for ETH

Banking giant JPMorgan has offered mixed signals when it comes to their thoughts on cryptocurrencies, with the bank’s CEO frequently bashing Bitcoin and other cryptocurrencies, despite offering their own intra-bank digital asset dubbed JPM Coin that is built upon the Ethereum (ETH) blockchain. Now, it appears the JPMorgan could be dipping its toes into the […]

Ethereum Officially Starts the One Million Developer Challenge

Ethereum Officially Starts the One Million Developer Challenge

After three months since the initial announcement, the challenge to get one million developer to build on Ethereum (ETH) is now officially on. Last October, as reported, at the Devcon 5 conference held by the Ethereum Foundation, Joseph Lubin, co-founder of Ethereum and founder of blockchain company ConsenSys, announced the mission to get 1 million developers on this platform by […]

Enterprise Ethereum Alliance Launches Testing Ground for Blockchain Interoperability

Enterprise Ethereum Alliance Launches Testing Ground for Blockchain Interoperability

The Enterprise Ethereum Alliance (EEA), the standards group where finance and other industries explore private versions of ethereum technology, has launched a testing ground to bring about certified, branded and harmonized business uses by the end of 2020. The EEA TestNet will operate as a pre-certification sandbox, where forks of ethereum can be standardized according […]