Posts in category

Ether


Alex Sunnarborg is a founding member of Tetras Capital Partners, LLC, an investment manager focused on investing in crypto assets. Eighteen months ago, CoinDesk sent a survey to its readers asking for their opinions on the current state of the crypto ecosystem. The results were analyzed and published in the State of Blockchain Q1 2017. In …

0 38

Ether (ETH), the world’s second largest cryptocurrency by market capitalization, has staved off an attempt by the bears to break a two-week uptrend. The cryptocurrency defended the trendline connecting the Sept. 17 low and Sept. 25 low yesterday, boosting the odds of a bullish break above the recent lower price high of $240. ETH also …

0 36

Ether (ETH), the world’s second largest cryptocurrency by market capitalization, has staved off an attempt by the bears to break a two-week uptrend. The cryptocurrency defended the trendline connecting the Sept. 17 low and Sept. 25 low yesterday, boosting the odds of a bullish break above the recent lower price high of $240. ETH also …

0 36

It was one of the best performing cryptocurrencies last year but ether struggled from a lack of confidence in its technology roadmap, increased competition, and “panic selling.”Ether has had a tough year. But it’s not too late for a comeback, according to bitcoin bull Tom Lee. The world’s second-largest digital asset is down more than …

0 36

Wouldn’t it be nice to earn interest on your crypto holdings? Especially in a down market, those hodling crypto would love that. And ethereum-based startup Compound is launching a product to do just that. Revealed exclusively to CoinDesk, Compound’s platform for allowing crypto enthusiasts to make their holdings available for short-term loans, in turn, earning …

0 34

Several ethereum miners and developers have come forward with the goal of stopping specialized mining hardware from effectively operating on the network. Underway since April, the controversy surrounding application-specific integrated circuits (or ASICs) on ethereum rose after news broke last Thursday of a new line of specialized mining hardware that claims to generate more than six times …

0 34

The price of ether (ETH), the world’s second-largest cryptocurrency by market capitalization, sank nearly $30 today, effectively erasing half of the 35 percent rally recorded last week. At press time, ETH is trading across exchanges at an average price of $196 – down $28 and 11 percent on a 24-hour basis, according to CoinDesk’s Ether …

0 34

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. The virtuous circle that saw buyers of ethereum-based ERC-20 tokens drive ether’s price above $1,400 …

0 36

The cryptocurrency market has been making history for all the wrong reasons as of late, most notably by recently surpassing the plunge of the infamous Dot-Com bubble in the early 2000’s. With that said, cryptocurrencies tend to make recoveries when all hope is seemingly lost, and today’s price action of the world’s second largest cryptocurrency, …

0 37

The number of short orders placed on ether (ETH) reached a new all-time high during Friday’s trading session, according to data from the cryptocurrency exchange Bitfinex. At approximately 10:00 UTC Friday, the number of shorts placed on ETH/USD, the world’s second largest cryptocurrency by market capitalization, surpassed the prior mark of 202,854 to ultimately reach …

0 39

Two of the top 10 cryptocurrencies by market capitalization are now trading at their lowest level in a year. Ethereum, the world’s second largest cryptocurrency by market capitalization, fell to its lowest price since 2017 on Wednesday, a development shared by Cardano, the world’s ninth largest by market capitalization. At 16:00 UTC, during the middle …

0 39

Full details of the now concluded developer meeting can be found here. Miners, investors, developers and more. That’s a summary of the diverse set of ethereum stakeholders that will be in attendance at an upcoming developer call, according to Ethereum Foundation communication officer Hudson Jameson. Set to take place at 14:00 UTC Friday, the live-streamed meeting aims …

0 38

The proposals just keep piling in. At press time, a total of six ethereum improvement proposals (EIPs) have emerged, each hoping to alter the project’s code ahead of an upcoming software update (scheduled for October). Driving the debate is ethereum’s so-called “difficulty bomb,” a piece of code locked into the $45 billion platform that makes …

0 37

Amber Baldet, former JPMorgan blockchain program lead (and current CEO of Clovyr), has expressed her doubts about the proliferation of blockchain protocols: “Each of these blockchains speaks a different language,” she said in April. Getting different blockchains to talk to one another has become a pressing issue, as more and more protocols pop up – eos, …

0 40

Life used to be different for “Crypto Shaolin.” Long before he was known by his current nickname, he’d follow tourists in the heat of central Africa, swinging an ice box and offering them a chilly bottle of Coca Cola or Fanta with a sugary smile to match. But as chipper as his demeanor made him …

0 39

Europe’s largest trader of exchange-traded funds (ETFs) is now entering the crypto world. Amsterdam-based speed trader Flow Traders NV co-CEO Dennis Dijkstra told Bloomberg Thursday that his firm was expanding its trading products to exchange-traded notes (ETNs) based on bitcoin and ether. XBT Provider, a Stockholm-based firm that offers ETFs based on bitcoin and ether, …

0 41

“Based on my understanding of the present state of ether, the ethereum network and its decentralized structure, current offers and sales of ether are not securities transactions.” So said William Hinman, director of the division of corporate finance at the U.S. Securities and Exchange Commission (SEC) at a Yahoo! All Markets Summit event in San …

0 37

Ethereum is not a security, at least in the view of U.S. Securities and Exchange Commission (SEC) director of corporate finance William Hinman. Speaking at the Yahoo! All Markets Summit: Crypto event in San Francisco Thursday, the official told the audience that the agency “doesn’t see a lot of value in treating ether today as …

0 41

Digital asset trading service Crypto Facilities is launching ethereum futures contracts. Announced Friday, the U.K. startup claims the news marks the first time futures for ether – the cryptocurrency that powers the ethereum blockchain – will be traded on a regulated platform. Investors will be able to take long or short positions, which will let them “broaden …

0 37

The price of ether, the cryptocurrency native to the ethereum blockchain, broke above $750 Thursday, reaching its highest level since March 8, according to CoinDesk data. Ether climbed by over 9 percent in the space of 24 hours, briefly breaking above $752 around 14:05 UTC. The price is roughly $746 at the time of writing, …

0 38