ether

Gemini reports ‘degraded performance’ in key systems as ETH falls under $4,000

Major U.S.-based cryptocurrency exchange Gemini has experienced two service disruptions today and is now reporting degraded performance in its mobile app, web interface, and application programming interface. According to an update on the Gemini status page, the crypto exchange began investigating reports of potential service disruptions at 13:24 EST today. Though the exchange said it …

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Ethereum Skyrockets Past $4K Tapping a New ATH, Ether Dominance Jumps to 20%

<div class=”featured_image_container”> </div> <strong>The price of ethereum, the second-largest crypto asset in terms of market valuation, touched an all-time high (ATH) on Monday, capturing $4,246 per unit. Ethereum has been on a tear during the last year against the U.S. dollar, gaining a whopping 2,129% in 12 months.</strong> Ethereum Captures Fresh Price Highs, ‘Flippening’ Begins …

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Almost twice as much ETH locked in DeFi as on exchanges: Glassnode

Ether is being locked up in decentralized finance contracts at an accelerating rate this year, while the amount held on centralized exchanges continues to fall. On May 7, on-chain analytics provider, Glassnode, shared a chart comparing the number of Ether deposited in Ethereum-based smart contracts to the number of ETH held on centralized exchanges over …

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Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto Assets

<div class=”featured_image_container”> </div> <strong>On Tuesday, the Nasdaq-listed Canadian company Mogo revealed the firm has purchased 146 ether at an average price of $2,780. The move follows the firm’s corporate investment in bitcoin, as well as offering bitcoin rewards for the company’s mortgage and card clients. The company plans to keep 5% of its balance sheet …

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The Benefits of Coupling Ethereum With Bitcoin Cash: Smartbch Sidechain Testnet Is Now Public

<div class=”featured_image_container”> </div> <strong>On Thursday, the Smart Bitcoin Cash team announced the launch of the Smartbch testnet explaining that developers and decentralized app makers can now experiment and develop with the high-performance, EVM-compatible Bitcoin Cash sidechain. Further, Bitcoin.com News spoke with Wang Kui the lead developer of the Smartbch project. The Smartbch tech lead told …

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Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC

<div class=”featured_image_container”> </div> <strong>Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least.”</strong> JPMorgan Says Ether …

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European Investment Bank Distributes $121 Million in Ethereum-based Digital Bonds

<div class=”featured_image_container”> </div> <strong>The European Investment Bank (EIB), the investment bank owned by the EU Member States, has announced the issuance of the organization’s first-ever digital bond built on a public blockchain. The bond was issued using Ethereum and the issuance invoked $121 million two-year bonds placed with key market investors.</strong> EIB Issues Digital Bonds …

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Ethereum’s Price Taps Fresh New Highs, ETH Market Cap Eats Away BTC Dominance

<div class=”featured_image_container”> </div> <strong>The second-largest cryptocurrency in terms of market valuation, ethereum, has seen significant gains this week in comparison to the rest of the crypto economy. On Wednesday, ethereum tapped an all-time high at $2,736 per unit as the crypto asset has gained 11.48% during the last seven days.</strong> Ethereum Cracks a New ATH …

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Ripple Wins Discovery: Judge Grants Access to SEC Internal Records on Bitcoin, Ether, XRP

<div class=”featured_image_container”> </div> <strong>Ripple Labs has reportedly won discovery from the U.S. Securities and Exchange Commission (SEC). The court has ordered the commission to produce internal records relating to discussions of whether <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener”>XRP</a> tokens are similar to bitcoin and ether, which are currently not classified as securities.</strong> Ripple Wins Discovery From …

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Bitcoin beats out final resistance as Ethereum returns to $2K

Bitcoin (BTC) briefly hit $60,000 on April 2 in the latest installment of its slow grind back to all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price taps $60,000 Cointelegraph Markets Pro and TradingView showed bullish tendencies remaining overnight for BTC/USD, with local highs of $60,110 on Bitstamp. A correction brought the pair …

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