Blog: Ethereum World News

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Author Adrian Mathieu, Adrian S. Mathieu, Daniel Philips, John P. Njui,
Stats Has published 651 posts about cryptocurrency

Jun 19 2021

Polygon Devs. Propose a Modified Implementation of EIP-1559 on MATIC

The Polygon (MATIC) development team has opened discussions for the implementation of EIP-1559 on its network MATIC has a fixed supply therefore implementation of EIP-1559 would mean restructuring payouts The development team proposes the implementation of EIP-1559 on Polygon without burning the base fee They propose that the base fee be sent to the foundation contract account where the MATIC community will decide...

Flare Networks Scraps Plan to Modify Spark Token (FLR) Distribution

The team at Flare Networks had drafted 3 proposals to modify the distribution of Spark Tokens (FLR) The proposals were meant to cater to XRP holders who live in jurisdictions that tax airdrops However, the CEO of Flare Networks has scrapped all plans to modify Spark Token distribution The original plan has been retained by the team at Flare Networks Those who want...

The Use of T.A Could Make Bitcoin’s Death Cross Self-fulfilling

Many traders use technical analysis to determine Bitcoin's short-term price movements This could lead to a 'self-fulfilling' death cross as Bitcoin traders expect further losses Bitcoin's 50-day moving average is in the process of crossing the 200-day moving average to confirm the death cross Bitcoin's price will most likely continue to drop in the months to follow Bitcoin and crypto analyst, Timothy Peterson...

Jun 18 2021

Chainlink Grants Program Expands to Include Social Impact Initiatives

The Chainlink Community Grant Program is expanding beyond smart contracts and blockchain projects focused on the Chainlink ecosystem Social Impact Initiatives will now be included in the Chainlink Community Grant Program The grants program will now fund developers and researchers building real-life solutions using smart contracts The team at Chainlink has announced the expansion of its Community Grants Program to include social impact...

Binance Launches the Bitcoin Dominance Perpetual Contract, BTCDOM

Binance has launched its new Bitcoin Dominance perpetual contract, BTCDOM The BTCDOM contract will have a maximum leverage of 25x and use Tether (USDT) as collateral BTCDOM is a cryptocurrency index comparing Bitcoin to the top 20 digital assets on Binance by market cap, excluding stablecoins The BTCDOM index is uncapped which means it can trade beyond the 0 - 100% range of...

Nascar Driver Landon Cassill to Receive his Salary in Litecoin (LTC)

Nascar Driver Landon Cassill will receive his entire payment in Litecoin (LTC) Mr. Cassill will be the first Nascar Driver to be paid entirely in cryptocurrency The payment in Litcoin is part of a 19-race sponsorship deal with Voyager At one point, Charlie Lee helped Landon Cassill understand Litecoin when he was mining LTC in his basement Nascar driver, Landon Cassill, will start...

Grayscale is Exploring the Addition of MATIC & Solana to its Products

Grayscale has updated the list of digital assets it has been exploring as potential additions to its product offerings Grayscale has added 13 digital assets to the list including Polygon (MATIC) and Solana (SOL) Grayscale now has $34.4 Billion in assets under management In the last 30 days, Grayscale has purchased several altcoins including Filecoin, Chainlink, MANA, Liverpeer, ZEC, BCH and Litecoin The...

Jun 17 2021

Ethereum Dropping to $1,800 is Probable With a Rising BTC – Report

Bitcoin's dominance is once again on the rise and at 45.89% Such a rise usually causes a reallocation of capital away from Ethereum and alts, back to Bitcoin Ethereum risks dropping to $1,800 due to the increased influence of Bitcoin $2k remains the support level to watch for Ethereum A rise in Bitcoin's dominance could cause Ethereum to lose several support zones and...

XRP Risks Falling to $0.65 if the $0.80 Support Does Not Hold

XRP's $0.80 support continues to hold slightly above the 200-day moving average XRP's 200-day moving average provides adequate support at the $0.72 price area However, a loss of both the $0.80 and 200-day MA could lead to a retest of $0.65 The digital asset of XRP has had an amazing run in the markets between the months of January and April this year....

Shiba Inu (SHIB) Subreddit Subscribers Have Grown By 59,381% in Q2

r/ShibaInuCoin subscribers have grown by 59,381% in Q2 of 2021 There were only 90 subscribers in early April, now r/ShibaInuCoin has 53,533 Shiba Inu's popularity has led to a listing of SHIB on Coinbase Pro However, deposits and trading of Shiba Inu ran into technical difficulties ShibaSwap is also on the horizon and SHIB could continue to thrive The number of subscribers to...

Tron (TRX) Ranks 1st in Transactions Per Second, Eclipsing ADA and XRP

According to Coinmetrics, Tron is the fastest blockchain in terms of transactions per second Tron's throughput exceeds that of Bitcoin, Ethereum, Cardano and XRP Tron's users continue to grow with the network exceeding 40 million unique accounts However, TRX is currently trading above the 200-day moving average with a potential death cross, only weeks away The Tron (TRX) network ranks first in terms...

Jun 16 2021

KuCoin Exchange and KCS Fans Launch the KuCoin Community Chain (KCC)

KuCoin Community Chain (KCC) is now live The KuCoin Community Chain (KCC) was a collaborative effort between KuCoin and KCS fans KuCoin Community Chain's mission is to provide the community with a faster, more convenient, low-cost experience KuCoin Token will be the native token of the KuCoin Community Chain KCS token could thrive with the introduction of the KuCoin Community Chain The KuCoin...

Binance Smart Chain’s Daily Transaction Count Drops by 60% in 1 Month

The number of daily transactions on the Binance Smart Chain has dropped by 60% since May's high of 11.838 million Unique addresses on the Binance Smart Chain are still growing and have reached an all-time high of 78 million Binance Coin (BNB) whales have increased by roughly 7% since mid-May The accumulation could be due to the BNB quarterly coin burn The number...

Bitcoin is Trying to Move Higher, $48k to $50k its First Real Target

Bitcoin could retest the $48k to $50k range if it keeps moving higher This is according to an analysis by the inventor of Bollinger Bands, John Bollinger Mr. Bollinger however cautions that the market 'will let us know' Bitcoin has been consolidation between $39k and $41k for two days Bitcoin recapturing $42k and the 200-day moving average will restore confidence that $50k is...

Jun 15 2021

Ethereum Sees an 11.1% Drop in Daily Active Addresses in One Week

Daily active addresses on Ethereum have dropped by 11.1% in the last week In comparison, Bitcoin's active addresses have only dropped by 0.7% in the same time period Mining revenue for Ethereum has also dropped by 10% Ethereum's mean transaction volume has also hit a one month low Goldman Sacks plans to launch Ethereum futures and options Daily address activity on the Ethereum...

Trading of Polkadot (DOT) On Coinbase Pro to Start Tomorrow, June 16th

Polkadot has been listed on Coinbase Pro Coinbase Pro is currently accepting DOT deposits in preparation for trading that begins tomorrow, June 16th The Coinbase effect is still alive and kicking as seen with DOT's double-digit gains since the announcement Polkadot's 200-day moving average continues to act as a resistance. DOT needs to reclaim it for the continuation of a bullish narrative The...

Jun 13 2021

Ethereum Might Be In for a Rough Few Months – ETH Analyst

After an impressive 6 months in the crypto markets, Ethereum could be gearing up for a cooldown Timothy Peterson cautions that Ethereum may be in for a rough few months This is based on historical performances of Ethereum during the summer months Ethereum's $2k support is the level to watch moving forward If $2k fails, the 200-day moving average provides adequate support at...

3M+ Chainlink (LINK) Tokens Have Left Exchanges in the last 30 days

Over 3 million Chainlink tokens have left crypto exchanges in the last 30 days This is despite LINK undergoing a massive 71.69% correction from its most recent all-time high of $53 to $15 Chainlink prices at $20 and below could be a good buy zone for a long-term hold However, Chainlink's daily chart points towards more downside with the 50-week moving average providing...

Shiba Inu’s (SHIB) Social Sentiment Drops to Bearish Territory

The launch of Shiba Inu was accompanied by the hype of SHIB being the next Dogecoin However, social sentiment and volume has since dropped into negative territory Some Shiba Inu investors seem to have capitulated and sold their SHIB Address activity surrounding Shiba Inu continues to be high despite the capitulation and low sentiment The Shiba Inu (SHIB) token was created in August...

Bitcoin (BTC) is Digital Property – Michael Saylor

Michael Saylor has described Bitcoin as being digital property His description of Bitcoin comes after El Salvador acknowledged Bitcoin as legal tender He also pointed out that Bitcoin empowers billions of people with property rights, as he responded to Senator Elizabeth Warren's attack on Bitcoin The CEO of Microstrategy, Michael Saylor, has described Bitcoin as digital property. Mr. Saylor's brief and concise description...

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