Tag Archives: Ethereum

Bitcoin and Ethereum HODLers Step in to Save Market

Bitcoin and Ethereum HODLers Step in to Save Market

Market leaders Bitcoin and Ethereum are setting the stage for a comeback as data indicates that investors are accumulating BTC and ETH. Clear Trend Ahead? The balance of BTC on centralized exchanges has been in a consistent downtrend since the March selloff. While it was expected that BTC’s move above $11,000 would entice investors to take profits, […]

Tether’s USDT Surpasses Bitcoin and PayPal’s Average Daily Transfer Value

Tether’s USDT Surpasses Bitcoin and PayPal’s Average Daily Transfer Value

Tether’s USDT stablecoin has seen its 7-day average daily transfer value surpass that of the flagship cryptocurrency bitcoin and PayPal, according to new research. A report published by CoinMetrics details that after “months of rapid growth” Tether’s 7-day average adjusted transfer value flipped bitcoin’s. The stablecoin’s average transfer value surpassed $3.5 billion on August 20, while bitcoin’s […]

California Agency Backs Green-Energy Pilot Using RSK’s Bitcoin Smart Contracts

California Agency Backs Green-Energy Pilot Using RSK’s Bitcoin Smart Contracts

Under a plan announced Friday, digital tokens will be awarded to participating businesses that cut their carbon footprint by powering electric van sharing, said Eduardo Javier Muñoz, CEO of EVShare, the startup running the pilot. The credits can then be used to pay for electricity consumption, rides and services. Mobility-related transactions will be recorded on […]

After the Twitter Hack, We Need a User-Owned Internet More Than Ever

After the Twitter Hack, We Need a User-Owned Internet More Than Ever

The dust is still settling, but July 15, 2020, already looks to be one of the worst days in Twitter’s 14-year history. A devastating hack, apparently taking advantage of internal tools, enabled hackers to take control of dozens of high-profile accounts and solicit bitcoin donations. Noteworthy was the delta between the scale of the attack and the […]

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 […]

Ether Leads Bitcoin on Price as Investors Prepare for Staking Arrival

Ether Leads Bitcoin on Price as Investors Prepare for Staking Arrival

Bitcoin, the top cryptocurrency by market value, rose by over 8% last week and ended May with a 9.5% gain. That came after bitcoin jumped by nearly 35% in April, according to CoinDesk’s Bitcoin Price Index. Meanwhile, ether’s price rose by 16% last week and 12% for the month of May. Growth in ether’s non-price metrics, too, has […]

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 […]

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 […]