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By Dmitriy Gurkovskiy, author at RoboForex Blog The ETH price looks like stabilizing after two days of decline. On Tuesday, June 16th, it is generally trading at 232.60 USD. Yesterday’s low was at 218.10 USD. On D1, ETH/USD keeps correcting in an uptrend. The quotations are again testing the lower border of the ascending channel. The … Read more
Following the recent block reward halving, many people expected the Bitcoin network hashrate to drop off significantly. That has not happened as of yet, although some changes can be noted when looking at rankings of the mining pools. Statistics provided by BTC.com confirm that the Bitcoin mining landscape has undergone some changes in the past … Read more
Transaction fees affecting different cryptocurrency ecosystems in unique ways. For Ethereum, its gas used – based on a 7d moving average – has reached a new all-time high. Every service or application built on top of Ethereum utilizes gas to operate. Ethereum Gas Usage Rises Swiftly Additionally, all regular users also pay transaction fees in … Read more
Statistics play a crucial role in any industry, and cryptocurrencies are no exception. Looking at the number of unique addresses holding at least 0.1 BTC in their balance, it seems as if the ongoing growth cannot be denied. Bitcoin is, for all intents and purposes, designed to be a very scarce asset. More Addresses Holding … Read more
Following certain Twitter accounts can grant one unique insight into the cryptocurrency world. Three recent Bitcoin transactions worth millions of dollars have attracted plenty of attention, yet no one knows what is going on exactly. When large sums of crypto funds are being moved around, everyone is perking up. Three Whale Transactions in one Bitcoin … Read more
China will always remain a controversial country when it comes to handling cryptocurrencies. This is primarily due to all of the illicit activities taking place within its borders. In a new crackdown against illegal crypto money streams, the Chinese government has taken a different approach. China Targets Crypto Bank Accounts Rather than collecting data for … Read more
Over the past few years, many Bitcoins have been lost forever due to people throwing away old hard drives or entire computers. One Redditor managed to bring back an old laptop to life, and it holds a Bitcoin wallet containing 533 BTC. Many people have forgotten that they ever owed any Bitcoin or other cryptocurrency. … Read more
Ripple has slowly been building up a global network of partners who use their technology and services. If Navin Gupta is to be believed, there are nearly 350 financial institutions using RippleNet, with more to be added in the near future. Ripple’s technology has been of great interest to banks and other financial service providers. … Read more
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, June 9th, the XRP is moving steadily inside a narrow flat. It is generally trading at 0.2031 USD. On D1, the technical picture of Ripple has not changed greatly. The pair keeps testing the lower border of the ascending channel, trading near 38.2% Fibo. At the current … Read more
Non-Fungible Token to optimize the music industry and copyright protection processes When studying the world of cryptocurrencies it is essential to take into consideration, and never give up on this focal point, the reason why you intend to join it. Many people lose sight of this aim, tempted by false myths, by the stories that … Read more