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Why 2020 Will Bring Record Highs For Cryptocurrencies

This year will be one to forget for the majority of cryptocurrencies which are ending it lower than they began. 2020 could be fundamentally different though and here’s why. A Brighter Future For Cryptocurrencies Total crypto market capitalization is currently 50% higher than it was this time last year, however that is largely bitcoin’s doing. Read more…

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Bitcoin Price Dropped Below $7,000 Likely on PlusToken Dumpers

Bitcoin price broke down below the psychological level of $7,000 late on Monday. The cryptocurrency updated the December low after blockchain researcher Chainalysis said that PlusToken scammers were selling coins to cash out. Bitcoin Dragging Down Crypto Market At the time of writing, the cryptocurrency fell 3.11% in the last 24 hours, touching the daily Read more…

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No Investor Misled Over Crypto Mining Boom, Nvidia Claims

Nvidia has urged a US judge to dismiss a case brought by investors who say it misled them over crypto mining revenues. The company claims that the plaintiffs had cherry-picked information and relied on analysts who were clearly speculating on its financials. Lack Of Transparency Over Crypto-Mining Demand The case was initially brought, back in December 2018, Read more…

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You Can Now Send Ethereum Anonymously For Under $1

The EY Blockchain team published the open-source code for its latest addition to the Nightfall project, which brings the potential for batching anonymous transactions on the Ethereum (ETH) network. Ethereum Transaction Batching Brings Gas Cost Down The Nightfall project brings usage of ZK-Snarks, the Ethereum-compatible technology for transaction veiling. Additionally, the team has worked on Read more…

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Ethereum Price Analysis: Can ETH Finally Break Above $150?

Ethereum saw a small increase of 1% as it attempted to regain ground back above $150. ETH is poised to break beneath the 2-month long symmetrical triangle. The bulls must break above $158 to start a short term bull run. Key Support & Resistance Levels ETH/USD Support:  $145, $140, $133.50 Resistance: $158.60, $165, $175, $185. Read more…

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Ethereum (ETH) 2.0 Upgrade May Revive Staking in 2020

Ethereum (ETH) may bring another round of staking enthusiasm if it moves forward to further replace mining in 2020. New Staking Projects Appeared in the Past Year Staking coins may come in fashion again, as passive income and slow growth replace previous highly speculative uses. Staking is nothing new in the crypto space, but this Read more…

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Vitalik Buterin Flustered By Crypto Community Insults On Twitter

The co-founder of Ethereum, Vitalik Buterin, recently responded to a few verbal attacks on social media. Some influential people within the cryptocurrency community expressed their opinions against Vitalik’s views, and he took the chance to respond. Vitalik Buterin Under Fire on Twitter Vitalik Buterin is a well-known figure within the community as the co-founder of Read more…

Cryptocurrency News Ethereum

ETH Transaction Fees on Ethereum Soar to $30

The Ethereum (ETH) network still experiences random days of congestion. This led to transactions requiring significantly high fees, as much as $30. High Competition for Some Blocks Led to Exorbitant Fees Transaction fees for sending ETH rose to as high as $30, on separate anomalous blocks, users reported. The spike in fees was random and Read more…