Bitcoin Cryptocurrency News

Why a Trader Is “Cautious” in Longing Altcoins as Bitcoin Pushes $9,600

Altcoins have seen explosive growth over the past few weeks, but Bitcoin has recently regained the spotlight. With BTC and Ethereum (ETH) seemingly poised to begin to trend, investors are hesitant to go long on altcoins. Certain altcoins are already seeing harrowing pullbacks, dropping dozens of percent from their local highs established earlier July. As Read more…

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Blockchain Cryptocurrency News

Tether’s Dominance Solidified as more Exchanges Launch Bitcoin USDT Futures Contracts

In brief: In the last week, two prominent crypto exchanges have launched Bitcoin USDT perpetual contracts. They include Bybit and KuMex (KuCoin’s derivatives platform.) Tether (USDT) is ranked 4th according to market cap.  Its website states the company has $6.229 Billion in assets.  Trading of Bitcoin futures contracts has become more popular as crypto traders Read more…

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Cryptocurrency News Ethereum

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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Cryptocurrency News Ethereum

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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Bitcoin Cryptocurrency News

Bakkt Futures Set New Record, 3151 Bitcoin Worth $23M Traded

The Bakkt bitcoin futures contracts peaked to a new high, signaling strong institutional interest in BTC, risk exposure, affinity in ‘physically’ acquiring the underlying asset. Bakkt Bitcoin Futures Set New Record Days After Last Friday’s Peak During a period of high volatility for bitcoin, the futures market picked up in earnest, breaking the previous record Read more…

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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…