Ethereum Core developers announced on Tuesday that they would postpone their much-awaited Constantinople hard fork. The team, which has previously settled January 16 as the official date for the Ethereum blockchain upgrade, decided to delay it after ChainSecurity found potential vulnerabilities in the code. The Switzerland-based blockchain audit firm said that Constantinople would enable “reentrancy…
Crypto markets fall back again marginally, Ethereum in pain on hard fork delays, Tron and Maker following. Yesterday’s minor recovery fizzled out as quickly as it began and crypto markets are retreating again. Total market capitalization is just above $120 billion and further drops are looking likely. Bitcoin has found a new short term resistance…
Although Ethereum is currently seeing a price drop due to its highly-anticipated Constantinople hard fork being delayed, it will still likely prove to be a positive event for the cryptocurrency’s price once the security flaws are smoothed out and it is implemented. Investors will not know until Friday when the new scheduled date for the…
Over the past several weeks, Ethereum has seen consistent price gains that can be largely attributed to investors anticipating its Constantinople hard fork. This fork was widely viewed as being bullish due to it reducing the future supply of ETH by 33%. Now, Ethereum’s price is plunging due to Constantinople being delayed as a result…
Following yesterday’s market surge, the crypto markets have dropped slightly but Bitcoin is still trading well above its recently established support level at $3,550. Currently, most major cryptocurrencies are trading down 1% or more Analysts now expect the markets to trade within a relatively tight range for the near future, which could be proceeded by…
Following the crypto market’s recent downturn that sent many altcoins spiraling down 10% or more as Bitcoin fell to lows of approximately $3,550, the markets have regained some strength and bounced today, leading most altcoins to surge 5% or more. Today’s upwards move after a volatile weekend seems to confirm that Bitcoin is in fact…
Just in the past two months, Bitmain has fired more than half of its staff, has closed an entire office in Tel Aviv, has shuffled top management, and removed two of its chief operations officers. And today, the Chinese bitcoin mining giant decided that it would close another overseas workplace – this time in Amsterdam.…
Key Highlights ETH price declined further and broke the $121 support area against the US Dollar. There are two bearish trend lines formed with resistance near $121 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct higher in the short term, but it remains a sell near the $120 and…
Bitcoin has been unable to maintain above its previous support level around $3,600 and is now nearing the bottom of its recently established range between $3,550 and $4,200. Bitcoin’s price drop has led the general crypto markets to plunge, with many altcoins trading down 6% or more. One analyst now believes that the crypto markets…
Following the cryptocurrency market’s recent plunge that sent Bitcoin and most altcoins down 10% or more, the markets have been able to find some levels of stability around their current price levels and are currently trading down slightly. One analyst now claims that Bitcoin must finish the weekend above $3,700 in order for it to…