Category Archives: Ethereum

Ethereum (ETH) price have had a blast in the past few months as it came up to three hundred dollars ($300) mark. But it wasn’t for long and the ETH price started getting resistance at different spots while Bitcoin continues to enjoy the bull trends without the same level of difficulty as ETH. ETH is up by over three percent (3%) right now since at the time of publishing ETH is trading at two hundred and seventy dollars ($270.20) which is still higher than the low point two-hundred and sixty dollars ($260) the ETH price seems to be having a tough time getting over. Ethereum ETH price chart by Trading View Ethereum price is trading at the year-to-date high point however, it has not been able to break the barriers for the next big goal. For over thirty days in the past, ETH price has been moving in a range…

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Ethereum’s first stage of transition from a PoW to a PoS consensus is planned to take place on Bitcoin’s 11th genesis block anniversary. The first stage of the Ethereum network’s transition to Ethereum 2.0 is expected to take place on January 3, 2020, as said in a bi-weekly call of Ethereum core developers on June 13. During the call, Ethereum researcher Justin Drake said that the dev team is working on code specifications for phase zero, confirming that codes are still expected to be released on June 30. Phase zero is the name of the first transition stage of the Ethereum network from a proof-of-work to a proof-of-stake consensus algorithm, which would pass block validation function from miners to special network validators. As mentioned by Drake in the recent call, phase zero is expected launch on Jan. 3, the day when the first block of the Bitcoin blockchain was created…

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For crypto to see massive adoption it must be used globally and to be used globally there must be a system in place that allows easy spending of crypto the same way fiat currency is spent. Examples of these systems are crypto debit and credit cards which have become much more commonplace in the market […]

Web server security service firm Cloudflare announced the launch of its Ethereum gateway. Web server security service firm Cloudflare announced the launch of its Ethereum gateway in a blog post on June 19. Per the announcement, the gateway — which is part of the company’s broader Distributed Web Gateway toolset — lets users “interact with the Ethereum network without installing any additional software.” The system purportedly allows one to access the network and interact with smart contracts through a custom hostname. Furthermore, the new tool can be used in combination with the firm’s Interplanetary File System (IPFS) gateway launched in September 2018: “In conjunction with the IPFS gateway, this allows hosting websites and resources in a decentralized manner.” Cloudflare also notes that while its gateway is centralized, it makes the number of companies offering such services greater, thus increasing the overall reliability of the ecosystem. The company noted that it…

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Ethereum-based decentralized video streaming startup Livepeer announced that it raised $8 million from institutional investors. Ethereum (ETH)-based decentralized video streaming startup Livepeer announced that it raised $8 million from institutional investors in its Series A funding round in a Medium post published on June 17. Per the announcement, the startup will use the newly acquired resources to support the further development of the Livepeer protocol, network, software and ecosystem to further adoption. The round was reportedly led by venture capital firm Northzone, which was also one of the first investors in Spotify. Other participants in the round purportedly include Digital Currency Group, Libertus, Collaborative Fund, Notation Capital, Compound, North Island, Coinfund, Haivision and StakeZero. Furthermore, according to the post David Mendels, the former CEO of online video platform Brightcove, has also joined the company in an active advisor role. The company also claims that, since Livepeer has been first launched…

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Every time the Bitcoin price shows signs of moving up, it is a matter of time until enthusiasts find some sort of link to potentially worrisome Tether behavior. These correlations will always be present, as not everything that happens is an illegal course of action. The recent “printing spree” Tether has been on shows 250 million Ethereum-based USDT has been brought into circulation. The bigger question is whether or not one should be concerned about it. The 2 big USDT Transactions It has to be said, a Bitcoin price increase usually results in more USDT being brought into circulation. That is a big problem, according to a growing portion of the cryptocurrency industry. After all, many people still believe Tether is effectively manipulating the cryptocurrency market, which is also part of the reason why there appears to be an investigation taking place against this company. Even so, the business has…

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The gateway is part of Cloudflare’s ongoing effort to bring more users to the decentralized Internet and “break down the barriers created by a select group of powerful companies.”

The Livepeer infrastructure functions as a “token coordinating network,” incentivizing those with computing power to join and match the needs of those looking to stream.

Ethereum may begin transitioning to its next-generation, proof-of-stake blockchain model at the beginning of next year – pending more tests, that is.

The world has been wrapped up with Facebook’s foray into crypto this week but bitcoin is still the undisputed king. Holding a market dominance of over 57%, BTC is rapidly reducing the gap back to its all-time high while most of the altcoins including Ethereum are still attempting to thaw from the crypto winter. The recent run up to $9,400 reduced the gap from ATH down to just 53% for bitcoin. The king of crypto has defied all correction calls in recent weeks, powering through several levels of resistance. Maybe the largest one yet lies at just above $9.5k so the next move will be critical for both BTC and the altcoins to the psychological resistance of $10,000 that many believ will trigger real FOMO. Bitcoin Price Consolidating Above $9K For the past 24 hours or so, BTC/USD has consolidated at around $9,200. It did dip below $9k for a…

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The first half of the year has already passed by; thus, we can gain a firm perspective of how the crypto space trends are over the past six months. Looking at Bitcoin, it has gone up by more than 140%, but for the crypto exchanges in the market, they are still vulnerable and are currently […]

Some proponents in the cryptocurrency market have stated that 2019 will be the year of stablecoins, this speculation evidenced by the number of recent updates and developments in the space. In a recent analysis by Skew Markets, it was shown that all the top stablecoins, including Tether, had seen significant increases in market caps over […] The post USDC is now the largest stablecoin by market cap after Tether, claims Skew Markets analysis appeared first on AMBCrypto.

The cryptocurrency market at the moment is enjoying a relatively positive run, with a majority of the coins providing good yield after Bitcoin broke the $9000 barrier. While Bitcoin has stolen the show in 2019, it would also be safe to say that other altcoins have done their part as well. One altcoin on the […] The post Ethereum, Litecoin lead the charge as speculation about new ‘alt season’ rises appeared first on AMBCrypto.

Tether has been at the center of a number of controversies over the past several months. At the end of last year, the company was facing allegations of lacking a one-to-one backing as well as being tangled in the Bitfinex debacle. However, a recent report by Longhash suggests Tether is “extremely healthy.”

Since half of 2019 has passed by, we can now gain a firm perspective on the cryptocurrency market’s trends over the past six months. Bitcoin is up over 140 percent, crypto-exchanges are still vulnerable and on the face of it, Tether is still mired in controversy. Closing last year with allegations of a lack of […] The post Tether is ‘Extremely Healthy,’ despite irregularities and controversies, claims Longhash report appeared first on AMBCrypto.

The crypto market has been overshadowed by reports of the coming Facebook GlobalCoin. Little attention has been paid to other cryptos because everyone is waiting to see what impact the Libra coin will have on the market. Others have called the initiative a distraction from BTC. While there are some who believe the new Facebook coin will displace XRP. All in all, on June 17 the major cryptos stayed in the green zone. One notable example of tokens that made good gains in a bullish position is Ethereum. Continue reading Cryptocurrency Market Update: Ethereum Bulls Still Have Control of the Market, Can They Maintain the Momentum at Smartereum.

By CCN Markets: Stamp collecting just entered the 21st century, as the Austrian Post Office unveiled its limited edition ‘crypto stamp’ collectibles, powered by the Ethereum blockchain. Send Your Stamp, Keep A Collectible Crypto Stamp A limited 150,000 unit run of five different stamps – black, red, blue, yellow, black – allows the owner to use a physical stamp, but then save its image in their wallet. According to a Reddit user, the distribution is as follows: 1,500 red stamps; yellow, 10,000; blue, 20,000; green, 40,000; black, 78,500. The stamps retail for 6.90 Euro, meaning the entire project will bring The post Austria Post Launches ‘Crypto Stamp’ Collectibles on the Ethereum Blockchain appeared first on CCN Markets

2gether, a European payment app allowing users to spend crypto via a Visa debit card, is adding dash to its list of nine supported coins.

Microsoft already uses Hyperledger Fabric, while the Ethereum appearance forms part of a wider outreach plan, says a senior executive. Microsoft, Salesforce and the Ethereum Foundation are among the major new companies joining enterprise blockchain platform Hyperledger. The company’s executive director, Brian Behlendorf, confirmed the news to Cointelegraph ahead of a public unveiling at the ongoing Synchronize Europe conference in London on June 18. Part of a monthly update on new members of Hyperledger, Behlendorf said June’s rollout included the Ethereum Foundation as a non-profit member, while supply chain standards body GS1 is also now on board. Hosted by the Linux Foundation, Hyperledger already counts IBM, JPMorgan Chase, Deutsche Boerse and others among its participants. “It shows the expanding footprint that we have out there in terms of not only concentrating on the core which has been the use of Hyperledger Fabric,” Behlendorf told Cointelegraph. He added: “Microsoft has Hyperledger…

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A senior executive at the firm revealed a deal was weeks away from becoming official after over a year of preliminary work. Global accounting giant Accenture will sign a formal deal with Canada, the Netherlands and other parties to use blockchain in identifying travelers. The company’s managing director of capital markets, David Treat, confirmed the move at the Synchronize Europe conference in London on June 18, attended by a Cointelegraph correspondent. Part of its expanding activities in the blockchain sector, Accenture will team up with the Canadian and Dutch governments, as well as Air France-KLM, Air Canada and several airports under a new agreement. Treat will personally ratify the deal, called “Known Traveller Digital Identity,” which aims to tailor travellers’ experiences using biometric data, in around two weeks’ time. “If I’m able to take my user-controlled identity, decide that I actually want to share, so that I can get hyper-personalized…

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