Category: Crypto

Ethereum Price Analysis for June 16th – ETH Finding Foothold

By Dmitriy Gurkovskiy, author at RoboForex Blog The ETH price looks like stabilizing after two days of decline. On Tuesday, June 16th, it is generally trading at 232.60 USD. Yesterday’s low was at 218.10 USD. On D1, ETH/USD keeps correcting in an uptrend. The quotations are again testing the lower border of the ascending channel. The pair keeps trading between 61.8% and 100.0% Fibo. The MACD remains above zero. Judging by …
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The Current State of top Bitcoin Mining Pools Following the 2020 Halving

Following the recent block reward halving, many people expected the Bitcoin network hashrate to drop off significantly. That has not happened as of yet, although some changes can be noted when looking at rankings of the mining pools.  Statistics provided by BTC.com confirm that the Bitcoin mining landscape has undergone some changes in the past year. Bitcoin Mining Pools in Early 2020 Several pools keep vying for traction, yet it …
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Ethereum Reaches a new All-time High for Gas Usage

Transaction fees affecting different cryptocurrency ecosystems in unique ways. For Ethereum, its gas used – based on a 7d moving average – has reached a new all-time high.  Every service or application built on top of Ethereum utilizes gas to operate. Ethereum Gas Usage Rises Swiftly Additionally, all regular users also pay transaction fees in gas. As such, the more popular the network becomes, the higher the gas usage will …
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Nearly 3 Million Bitcoin Addresses Hold at Least 0.1 BTC

Statistics play a crucial role in any industry, and cryptocurrencies are no exception. Looking at the number of unique addresses holding at least 0.1 BTC in their balance, it seems as if the ongoing growth cannot be denied.  Bitcoin is, for all intents and purposes, designed to be a very scarce asset. More Addresses Holding a Part of a Bitcoin As such, it is crucial to have a distribution that …
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