Tag: Ethereum

Key Takeaways Bitcoin reaching key support zone. Ethereum appears to want a rally but lacking conviction on the USD and BTC pair. BTC/USD Weekly Daily After 26 days, Bitcoin decided to make a move - many were expecting a bounce, but this proved to be premature.  On Wednesday, BTC/USD fell through its range support at the $7800 zone, finding a new local bottom at $7308. The 200-week moving average was acting as support for this range until the price fell…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $217 billion. Bitcoin’s price drops below $8,000 Ethereum price fails to reach the $180 threshold. Ripple still struggles to overcome the $0.30 hurdle. Facebook's Libra loses support from Visa, MasterCard, and PayPal. Crypto Trends 13-20th of October 2019: Performance & Analysis The third week of October 2019 has seen the crypto market continue its…

Ethereum is a public computing network for decentralized applications that operates on a global scale. Ethereum is often thrown into the same basket as Bitcoin by crypto neophytes. However, besides its cryptocurrency token Ether (ETH), there are very few similarities. Ethereum has a more far-reaching use of blockchain technology. It enables users to develop and run almost any type of code, store it on the ledger, and let it gain authenticity through smart contracts and the entire platform's participation. Ethereum…

Imagine a day when your car, which sits idle 10 hours a day, puts itself up for rent. Imagine your computer, with idle GPU, utilizing it to render applications for others. Imagine your solar grid, which produced extra energy this month, automatically selling it to the highest bidder. All of this sounds too lucrative and Utopian. Well, yes. But that doesn’t mean it can’t be a reality. On the contrary, the era has already started when your applications will talk…

Cryptocurrency, most commonly identified as digital money, was first instituted in 2009, with the very famous Bitcoin launch. Litecoin followed launch in 2011, and since then, many more crypto assets have joined the crypto world.  In crypto, the currency is secured by cryptography, thus protected against counterfeiting and double-spending. The host of crypto is blockchain, a decentralized ledger system using state-of-the-art infrastructure.  Recently, the advancements in the crypto world have made many people think of investing in crypto. Beginner investors…

If you’re new in the crypto space, the concept of Ethereum and ERC20 tokens can be quite mind-boggling. Despite being a blockchain such as Bitcoin, Ethereum has numerous capabilities such as supporting the creation of other tokens and enabling decentralized applications (dApps) to be run on it. Ethereum provides the necessary infrastructure required to create tokens, meaning developers don't have to build an entirely new blockchain.  In creating tokens on the Ethereum blockchain, developers may comply with the ERC-20 smart…