Ethereum

Market Climb Now In Full Effect, Bitcoin, Ethereum & Ripple All Shifting

We’ve been hoping and praying for this to take hold, but finally, it now seems the markets are shifting upwards. At Crypto Daily™, we have tirelessly observed market trends and live prices all morning to try and get an idea of how the current market movements are going to transpire. Yesterday, EOS started what looks to be a chain reaction, pushing the markets in an upwards direction. Indeed, we do believe EOS really does have the ability to change the market climate and moreover, that now very much seems to be the case. Since the rise of EOS, initially saw a few currencies take heed and thus move upwards in small amounts. These ‘baby steps’ are now looking to be part of a far bigger market recovery. With the top three cryptocurrencies, Bitcoin, Ethereum and Ripple now on board, we are quite...

Maybe This Is Why Ethereum Is Struggling So Much

At present, Ethereum is really struggling to hold any value within the markets. Of course, the majority of cryptocurrencies are taking big hits at the moment, with the bears really taking a hold of the markets, overall though Ethereum’s performance has stood out as quite poor to say the least. As a currency with the second highest market capitalisation, Ethereum is somewhat responsible for encouraging the direction of the markets, as is Bitcoin. At the time of writing, Ethereum is valued at $619.99, down 10.45%. As you can see, Ethereum is now very close to falling below the $600.00 threshold. If this does happen, indeed, we expect Ethereum to see some heavy resistance when it eventually tries to move back up over $600.00. This is bad news for recent investors, although overall, we s...

Which Will Skyrocket First, Bitcoin, Ethereum Or EOS?

Since the experts have been calling it for some time now, we are starting to consider how another bull run soon, will affect the markets. Of course, it’s hard to predict when this might happen, if we observe it on an individual coin basis though, we can try and get an idea about what might happen next. Bitcoin and Ethereum are obvious choices here for coins to watch when considering trends that could cause a bull run, between them they currently have a market dominance of around 55.98%, meaning that over 50% of the total cryptocurrency market capitalisation is shared between Bitcoin and Ethereum, 37.70% and 18.28% respectively. Though this changes from day to day, the figures remain about the same, proportionately Bitcoin has a greater dominance, but even so, changes in Ethereum can also s...

Ripple (XRP) May Outperform Bitcoin (BTC) And Ethereum (ETH) Again In 2018

Ripple (XRP) is a leading cross borders payments solution in the blockchain industry. The cryptocurrency did exceptionally well in 2017 outperforming both Bitcoin (BTC) and Etheruem (ETH). While, it may seem difficult for Ripple (XRP) to record such gains in 2018, it does seem very likely that Ripple (XRP) may outperform both Bitcoin (BTC) and Ethereum (ETH) again in 2018. The first thing that comes to mind thinking about Ripple (XRP) is, “Ahead of its time.” This has been true ever since the project launched back in 2012 and this is true today. Ripple as a company has surprised many with how aggressively and tactfully they have captured the market and established their foothold. It is also surprising to see how they have done so well despite all the negative campaigns to label Ripple (XRP...

Backed By Buterin – The Promise Behind Liquidity Network

Looking forward to seeing this go live! https://t.co/gRRSSjyFPZ — Vitalik “Not giving away ETH” Buterin (@VitalikButerin) May 3, 2018 News of Vitalik Buterin’s endorsement of Liquidity Network has taken the media by storm, rightly so as well. As the co-founder of Ethereum, Buterin is seen with great authority, thats why this endorsement by him is all the more special. What is Liquidity Network? In short, Liquidity Network aims to solve issues of simplicity, scalability and security within the blockchain, providing a new network through which users can pay and exchange cryptocurrencies in a more simple yet more secure way. People have referred to Liquidity Network as the next generation PayPal. You can read more about it for yourself, here- https://liquidity.network/ This moveme...

Last Time Ethereum Did This, It Shot Up $500.00

In line with historical trends and factors, it does seem that Ethereum may be getting ready for another spike in value. This would certainly see Ethereum take on some real value, giving investors a bit of much needed hope. Overall, the markets look bleak, they have continued this way for some time now and thus, currencies like Ethereum have taken a bit of a hit. At the time of writing, Ethereum is valued at $680.76, down 3.48%. By moving below $700.00, Ethereum may find it quite hard to make a significant comeback any time soon. Although, if you track back through Ethereum’s history, periods of downtime like this are usually followed by spikes in value, in line with similar movements as observed within Bitcoin. Take this for example, on the 6th of April Ethereum was valued at $367.15, down...

Can Ethereum (ETH) Really Overtake Bitcoin (BTC) In Market Cap?

Ethereum (ETH) may be second to Bitcoin (BTC) but it is not like any other cryptocurrency. In fact, it has proven its need for existence much like Bitcoin (BTC). This need for existence is based on the hundreds of cryptocurrencies built on Ethereum (ETH) which makes it a de facto master of the cryptocurrency markets and truly a force to be reckoned with. Despite its recent trouble with the SEC over its status as a potential security and disagreements among developers, Ethereum (ETH) has continued to grow with a lot more zeal than before. Currently, Ethereum (ETH) and Bitcoin (BTC) have a difference of $75 Billion in terms of market cap. This difference could be bridged should Ethereum (ETH) grow more vigorously against Bitcoin (BTC) in the coming weeks. It should be noted that last year Ri...

Enterprise Ethereum Alliance Back In Action

The Enterprise Ethereum Alliance came into existence on the 28th of February last year showing massive potential of utilizing the Ethereum blockchain network in the context of enterprise level companies but since its inception, the Enterprise Ethereum Alliance has been very quiet. Other than the fact that it has been garnering more and more members joining the Enterprise Ethereum Alliance, there have not been any significant projects coming up and many were thinking that such an elaborate group of companies coming together in this kind of consortium would not be able to actually deliver anything of substance using the second largest cryptocurrency’s blockchain network backing it. The doubts about Ethereum’s potential to be used at enterprise level was so much that in fact the Chief Technol...

Markets Break Away From Negativity, Just Look At Ethereum, Ripple And VeChain

Thankfully, today we are reporting some positive movements within the markets. Over the past few days the general consensus has been negative. With that in mind however, recovery has been sharp, the majority of major currencies have not taken really big hits and thus, values remain positive as we edge deeper into May. Now, during April, through the positivity of the mid-April market surge, many experts did predict that the bull run was the start of something far greater. Some even suggested that this would kickstart a chain of surges, running right through the end of April. What we saw in reality is a steady maintenance, halted frequently by some correction. Overall, though, no further surges seemed to take place in the grand scheme of things, leaving many investors biting their nails, won...

What To Expect From Ethereum’s Ambitious ‘Casper’ Upgrade

Ethereum’s long term aim is to eventually become Proof of Stake as opposed to Proof of Work, and it has taken another important step in doing so, as the developers of the top ten cryptocurrency have published the first release of the much anticipated Casper network upgrade. Casper v0.1.0 was released at the beginning of this week by the developer Danny Ryan. The aim of the upgrade is to provide client developers, auditors, and other external parties to integrate the source code into their software for testing much more easily than before. Developer Ryan, said; “v0.1.0 marks us more clearly tagging releases to help clients and external auditors more easily track the contract and changes.” Casper is a core component of the Ethereum community’s ambitious plan to change the way the network upd...

Ethereum Leads Market Direction Change, Are Things Going To Start Looking Up?

Today we have seen some pretty depressive figures within the markets. This morning, the general consensus was red with all major coins taking a tumble, some tumbles notably larger than others. It did look as if Bitcoin would finally drop below $9,000.00 and it now seems that Ripple may even have cemented itself within the $0.70 region, with that in mind though, as we enter Wednesday afternoon, it does look as if the markets may start to be changing direction, in an assault that seems to be led by Ethereum. At the time of writing, Bitcoin is valued at $9,247.39 and is down just 0.08%. It seems that Bitcoin is moving further way from $9,000.00 suggesting that today at least, is not the day we will see it stoop below this threshold. At the time of writing, Ethereum is valued at $745.90 and is...

Why The Future Of Ethereum Is Looking Bright

Ethereum has long been in Bitcoin’s shadow, fighting for the top. But, whilst Bitcoin has had a tough year, and at times, an uncertain future, Ethereum is telling a different story. Currently, the Bitcoin blockchain network is dealing with approximately 230,000 transactions, which are charging a total fee of 37 Bitcoin, equating to $340,000. However, when you look at Ethereum, it really stands out, reaching 800,000 transactions with a fee of 515 ETH, equating to $375,000. A clear lead over Bitcoin. Bitcoin is currently the top dog when you look at market capitalisation. It is the biggest and oldest cryptocurrency and has long reigned at the top; but if you look at which virtual currency is more applicable to day to day life, the winner has to be Ethereum. There is reportedly only space for...