ethereum / 24 posts found
Bitcoin and Ethereum Are Trending Again But A New Contender Is About To Gain More Momentum: Find Out What Makes Snowfall Protocol Unique!
Cryptocurrency There’s no doubt about it: Bitcoin (BTC) and Ethereum (ETH) are currently the two hottest cryptocurrencies on the market. However, a new contender is about to gain more momentum, and its name is Snowfall Protocol (SNW). What makes Snowfall Protocol (SNW) so unique? Keep reading to find out! Cryptocurrency Introduction To Bitcoin (BTC) and Ethereum (ETH) Before we get into what makes Snowfall Protocol (SNW) unique, we must first understand what Bitcoin (BTC) and Ethereum (ETH) are all about. Bitcoin (BTC) is a cryptocurrency that was created in 2009 by an anonymous individual or group of individuals known as […]
Bitcoin And Ethereum Are Gearing Up For A Bullish Rally! Analyst Predicts The Next Price Levels
Amid the crypto winter that got negatively impacted by several macroeconomic factors, like the recently published CPI data, some prominent crypto analysts believe that the crypto market is all set to initiate a small bullish rally in the upcoming weeks. Justin Bennett, a well-experienced cryptocurrency trader and analyst, predicts that two leading cryptocurrencies: Bitcoin and Ethereum, are waiting to kick off a bullish rally by the end of this month. Bitcoin Will Leave Bears In Disbelief! It seems that bulls will be back in the game soon as a prominent crypto analyst, Justin Bennett, now assures investors that bitcoin is […]
Ethereum Classic (ETC) Sheds 30% In Last 2 Weeks – More Pain Ahead?
Ethereum Classic (ETC) has been in the clutch of the bears as it has shaved off as much as 30% in the past two weeks. Ethereum Classic price down 30% in the past two weeks ETC trading at $27.69 as of press time ETC’s downturn opens up opportunities for short-term positions ETC has dropped below the $33.9 zone barely two weeks ago and it seems Bitcoin is suffering the same fate as it failed to barrel past the key resistance of $19.7k. The selling pressure has been intermittently high in the crypto market. Coming from the larger Ethereum, ETC is […]
Ethereum Can’t Compare to Bitcoin as Money: Tether CTO
Paulo Ardoino – Chief Technology Officer (CTO) at Bitfinex and Tether – recently commented on Ether’s usefulness as money, post-merge. The CTO believes the cryptocurrency cannot compete with Bitcoin as a form of money, due to design choices that have prioritized other objectives. Bitcoin is Money; Ether is Not As the CTO told Crowfund Insider on Tuesday, Ethereum is “stuck between claims of being a form of money and claims of being a platform.” As formulated in its whitepaper, Ethereum was designed as an “alternative protocol for building decentralized applications” that Bitcoin wasn’t well suited to support. From smart contracts […]
Bitcoin, Ethereum Jump After U.S. Jobs Report
Cryptocurrency Cryptocurrency The U.S. Labor Department’s jobs report revealed that employment stayed solid in August. Key Takeaways The U.S. labor market remained robust in August despite growing economic concerns. Bitcoin and Ethereum posted moved higher on Friday following the report. Still, both cryptocurrencies remain in a bearish posture from a long-term perspective. Bitcoin and Ethereum appear to be edging closer to a major price movement as investors’ sentiment improves following the latest U.S. labor report. Cryptocurrency Make-Or-Break for Bitcoin and Ethereum Bitcoin and Ethereum have experienced a small boost after the latest U.S. Labor Department report revealed that employment stayed […]
Bitcoin (BTC) And Ethereum (ETH) Could Dip Lower Than the Recent Bear Market
Cryptocurrency As hawkish remarks from the US Federal Reserve concerning inflation and the economic slowdown continue to weigh on riskier assets, the price of bitcoin today rose to trade above $20,000 after falling below the level in the previous sessions. At $20,333, the largest and most widely used cryptocurrency was trading slightly higher. According to recent data, the market capitalization of all cryptocurrencies was again above the $1 trillion threshold today after increasing by almost 2% in the previous day to $1.04 trillion. However, does it indicate a BTC buying opportunity, and how far will the price of digital assets […]
