Big relief! The ECON committee of the EU Parliament voted against the idea of banning Proof-of-Work-based cryptoassets in the European Union. 32 members voted against and 24 in favour of the measure: BREAKING: The ECON committee of the EU Parliament just voted against the de-facto POW-ban: 32 against, 24 in favor. Big relief & political […]
Crypto Snippets
Bite-size crypto news
Crypto Snippets
Bite-size crypto news
Highly Bullish: Top 10,000 Addresses Hold 94% of the Available ETH
An audit of Ethereum’s top 10,000 wallet addresses suggests an incredibly bullish outlook: Ethereum 2.0 staking will likely cause a new bull run. Analyst Adam Cochran has done a manual audit of Ethereum’s 10,000 biggest wallets and discovered that: – 17% of Ether (ETH) is held by just 10 addresses; – the top 10,000 addresses […]
3 Reasons Why Ether (ETH) Looks Bullish
1. Real-world use of Ether (ETH) is rising. 2. The number of daily transactions on the Ethereum blockchain has almost doubled in 2020. 3. Institutional investors are investing in ETH. Grayscale reported a record $110 million inflows into its Grayscale Ethereum Trust in Q1 of this year. Source: CryptoGazette.com It’s also worth noting that ETH […]
Short-Term Price Predictions for Bitcoin, Ethereum, and Ripple
Bitcoin (BTC) price prediction: $ 9,480 FXStreet said that the upside target of BTC is 9,480 – this is the meeting point of the previous day’s high and the Bollinger Band 4h-Upper. Ethereum (ETH) price prediction: $227 This is where the Pivot Point one-week Resistance 3 and the previous daily high hit the price. Ripple […]