In the past 72 hours, the valuation of the crypto market increased by $ 3 billion to $ 114 billion as Bitcoin and Ethereum slightly recovered. Both Bitcoin and Ethereum rebounded by around 3 percent since January 29 and currently remain volatile in a tight price range. A trader with an online alias “Moon Overlord” suggested that given the historical performance of major cryptocurrencies, the block reward halving of Bitcoin, Litecoin, and Ethereum could allow the three digital assets to recover strongly in the mid-term. Why Halving Could Affect the Bitcoin Price Due to the fixed supply of Bitcoin, only 1 percent
By CCN.com: This week in crypto saw several interesting developments as regard exchanges, exit scams, and at least one failed ICO-funded company in the form of Giga Watt. Crypto Media Clings to Story of Russian Government Buying Bitcoin, CCN Asks for Proof CCN started the week off by debunking a mythical impending “$ 10 billion Bitcoin
Crypto whales are generally thought of as wealthy traders with the ability to move markets via a single sell order. Yet the greatest whales of all aren’t traders but ICOs which own millions of ether worth billions of dollars. Over 3% of the total ethereum supply is estimated to be in the hands of ICOs, and when those projects cash out, as periodically happens, the effects can be dramatic.
Also read: …
Genesis blocks hold a symbolism that’s almost spiritual. They represent the birth of a new cryptocurrency, and when that currency flourishes, its foundation stone – the maiden block to have been mined – is referenced reverentially. Ethereum’s first address is a memorable one: 0x followed by 40 zeroes. It’s also a dangerous one that has been the unintended recipient of $ 6 million in ether and over $ 500 million in ERC20 tokens.
Also read: …
The post Ethereum’s Smart Contracts’ Built-in Functionality Offers a Way to Protect ICO Investors appeared first on CryptoCoinsNews.
The post Ethereum’s Market Cap Reaches $ 8 Billion, as Prices Jump Near $ 90 appeared first on CryptoCoinsNews.
The post (+) Weekly Analysis: The Trump Saga Continues, so does Ethereum’s Surge appeared first on CryptoCoinsNews.
Blocktix is a novel, decentralized platform for ticket distribution and event hosting. The platform operates via Ethereum’s smart contracts, which enable verification of authentic tickets rendering it almost impossible to counterfeit them.
Blocktix is aimed at providing a decentralized network for distribution and sales of tickets. Individuals as well as companies can buy and sell tickets via means of cryptographic…