Tag Archives: Ethereum

Correction? $15 Billion Evaporate from Crypto Markets as Bitcoin Loses $700 in Hours

Correction? $15 Billion Evaporate from Crypto Markets as Bitcoin Loses $700 in Hours

There’s never a boring day in the cryptocurrency field. Yesterday, the entire community was ecstatic as Bitcoin’s price made a run for the 2019 highs. Unfortunately, it came inches away from it and started to retrace. Today, the total cryptocurrency market capitalization is down about $15 billion since its most recent peak hours ago. Bitcoin […]

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 […]