Category: Ethereum

Billionaire CEO of American hedge fund Citadel Kenneth Griffin thinks a currency on the Ethereum (ETH) network will replace Bitcoin (BTC) as crypto’s top dog. Citadel manages over $40 billion of capital — a quarter of the trading volume in the US stock market. During this Wednesday’s Nov. 10 DealBook summit hosted by The New

Crypto investor and technical analyst Justin Bennett thinks Bitcoin (BTC) still looks “pretty good” amid the market pullback while predicting major boosts for Cardano (ADA) and other altcoins. In the latest edition of his Cryptocademy newsletter, Bennett discusses Bitcoin’s recent “aggressive” pullback to $63,000. “Bitcoin just shook out a lot of excess leverage with an aggressive pullback

In its third-quarter earnings release, Canadian cryptocurrency miner Hut8 announced that it surpassed the goal set earlier this year of holding 5,000 Bitcoins (BTC) in reserves through mining. Its Bitcoin balance now amounts to 5,053, for a total market value of $430 million. During the quarter, Hut 8 generated 50.34 million (CA$) (worth around $40 million) in

Ether (ETH) bulls seem excited with the recent $4,870 all-time high that was hit on Nov. 10. While it was a new high in USD, ETH price is still 51% below June 2017’s price in Bitcoin (BTC) terms but it’s entirely possible that the 0.155 BTC level reached in the previous cycle reflected the overzealous

The launch of ETH2 staking service Rocket Pool saw it hit its stage two cap in just 45 seconds according to the co-founder of hosting partner Allnodes Konstantin Boyko-Romanovsky. In its first two days of operations, Rocket Pool has registered 237 node operators across 42 global locations, with 1088 ETH staked. According to an announcement

Institutional investors are shifting the amount of capital they’re allocating to the crypto markets, with a surprise altcoin suddenly on their radar. According to the digital asset management firm CoinShares, crypto investment products enjoyed a 12th consecutive week of inflows from institutions. Seemingly out of nowhere, Tron (TRX) surged near the top of the altcoin

Two altcoins are soaring after being added to Binance, the world’s largest crypto exchange by trading volume. In a new announcement, Binance says it’s listing Manchester City Fan Token (CITY), a community token for the English Premier League soccer team. Immediately after the Binance announcement, CITY surged from $14.50 to $25.45, for a gain of

Bitcoin price hit another all-time high at $69,000 as Ether continued its long slog toward $5,000 after reaching a new high at $4,868 earlier today. Shortly after hitting this fresh milestone, however, traders began taking profit, leading to a nearly-$7000 drop. Interstingly, the breakout initiated right as a report from the U.S. Bureau of Labor

Bitcoin (BTC) and Ether (ETH) have again risen to a new all-time high on Nov. 10, indicating that the trend remains firmly in favor of the bulls. In a recent report from Kraken exchange, analysts said that the current quarter’s price action has a correlation of 0.88 with the fourth quarter of 2017. Bitcoin had

On Monday, distributed domain protocol Ethereum Name Service, or ENS, launched its own governance token in an effort to distribute voting rights for its new decentralized autonomous organization, or DAO, to active users of the ecosystem. Cointelegraph spoke with Brantly Millegan, ENS’ director of operations, to learn more about the nonprofit’s decision to shift to