Ether price is struggling despite Bitcoin rising, which may embolden the bears to push the price down below $300 before another major rally can occur. The cryptocurrency market momentum has swung back to Bitcoin (BTC) recently as BTC dominance and trading volumes have been climbing along with its price. In that regard, the primary altcoin…
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Bitcoin is facing selling at the $14,000 mark and this has resulted in several cryptocurrencies dropping below their support levels. China’s central bank governor Yi Gang has said that the nation’s digital yuan pilot projects have processed transactions worth over $299 million without any major problems. This suggests that China is much ahead of its…
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Only 8.1% of Bitcoin is held on exchanges compared to Ether where almost one-quarter of the supply sits on exchanges. Almost one-quarter of Ethereum’s (ETH) circulating supply is held on cryptocurrency exchanges, according to analytics platform ViewBase. The website shows that 26,768,260 ETH are on exchanges, equating to 23.6% with a value of $10.3 billion.…
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Binance is doubling fees for ETH withdrawals due to high ETH network congestion. Fired-up Crypto traders call the decision robbery. Binance announced in a tweet on March 12 that it is doubling fees for ETH withdrawals. The company cited network congestion as the reason for the decision. The tweet specified: “To better facilitate ERC20 and…
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Ethereum co-founder Vitalik Buterin recently said BTC and BCH are not the same, although previous tweets show he is not against BCH outright. In a recent tweet, Ethereum network co-founder Vitalik Buterin said Bitcoin (BTC) and Bitcoin Cash (BCH) are not the same. “Bitcoin Cash is not Bitcoin,” Buterin said in a Feb 1 tweet…
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Crypto exchange Upbit recently completed a security overhaul in response to a hack the platform suffered in late 2019. Strengthening its walls after a hack in late 2019, South Korean crypto exchange Upbit has finished a security upgrade for the wallets on its exchange platform, restoring functionality once again. Upbit decided to update its defenses…
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Binance DEX adds option to trade ETH, with BNB/ETH trading pair. Cryptocurrency exchange Binance has added the Binance Coin/Ether (BNB/ETH) trading pair to its decentralized exchange (DEX), according to a company announcement on Dec. 24. Last week’s proposal is this week’s launch The listing follows an initial proposal posted on the Binance community website a…
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Countdown to Ethereum’s Istanbul Hard Fork continues, with only 1,000 blocks remaining before the network overhaul. As of press time, Ethereum has passed block #9068000, putting it within 1000 blocks of the scheduled Istanbul hard fork, which should take place at around 23:30 UTC. The much-anticipated shift to Istanbul will be the Ethereum network’s first…
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