Bitcoin’s plunge to as low as $30,305 was intensified from leveraged long derivative liquidations; options traders are totally bearish on ether, the native asset of Ethereum. Bitcoin (BTC) trading around…
Continue ReadingLarge trading volumes in the bitcoin spot market are helping push prices upward to a fresh record high. Ethereum-based DeFi value locked is also setting records, with rising crypto values…
Continue ReadingOver-leveraged bitcoin investors in the derivatives market led to Monday’s sell-off while ether spot and futures markets are starting to get a lot more attention. Bitcoin (BTC) trading around $31,444…
Continue ReadingWeak volumes and rotations into other cryptocurrencies are likely impeding bitcoin’s price movement from going higher. Meanwhile, ether has been more volatile than bitcoin in 2020 and could remain that…
Continue ReadingBitcoin is holding just above $18,000 but analysts are mixed on where it will head, DeFi’s total value locked looks to have momentum but that might have to do with…
Continue ReadingEthereum Classic (ETC) has undergone a hard fork that ushers in a new upgrade aimed to increase miner participation and increase security. According to the ETC explorer by Blockscout, at…
Continue ReadingEthereum Classic (ETC) is planning to execute the Thanos hard fork, an upgrade that would ensure several more years of mining functionality for graphics cards with 4 gigabytes of RAM.…
Continue ReadingHigher spot volumes Wednesday – and record volumes for the past month – are helping push bitcoin higher. Meanwhile, ether options for December pass 550,000 ETH. Bitcoin (BTC) trading around…
Continue ReadingEthereum Classic wants to play in the decentralized finance (DeFi) space of the blockchain it contentiously split from in 2016. Announced Wednesday, Ethereum Classic Labs, the ETC blockchain’s biggest supporter,…
Continue ReadingSpot volumes and futures open interest pushed bitcoin’s price up Tuesday, beating ether’s performance so far this month. Bitcoin (BTC) trading around $17,688 as of 21:00 UTC (4 p.m. ET).…
Continue ReadingBitcoin is knocking at the gates of $17,000 while Ethereum’s transaction growth in 2020 is a positive indicator of future financial use cases. Bitcoin (BTC) trading around $16,829 as of…
Continue ReadingBitcoin opened the week recovering from a dip while ether balances on centralized exchanges fell. Bitcoin (BTC) trading around $13,673 as of 21:00 UTC (4 p.m. ET). Slipping 1.2% over…
Continue ReadingBitcoin’s price is turning bullish as ether options traders accumulate half a million of ETH options for December expiration. Bitcoin trading around $13,519 as of 20:00 UTC (4 p.m. ET).…
Continue ReadingA solution being implemented to safeguard against so-called 51% attacks on the Ethereum Classic (ETC) network may not be as secure as other alternatives, according to a new analysis. This…
Continue ReadingBitcoin is trending downward while ether transaction activity is showing Uniswap’s influence on the market. Bitcoin (BTC) trading around $11,359 as of 20:00 UTC (4 p.m. ET). Slipping 0.38% over…
Continue ReadingOver the past weekend, on block 11380000, a solution for the prevention of 51% attacks was introduced to the Ethereum Classic (ETC) community. Several such attacks have recently placed ETC…
Continue ReadingBitcoin is recovering from Tuesday’s drop while there is a decrease in large-balance ether addresses. Bitcoin (BTC) trading around $10,651 as of 20:00 UTC (4 p.m. ET). Gaining 0.66% over…
Continue ReadingBuying volume is pushing bitcoin higher. Meanwhile, DeFi investors continue to seek places to park crypto for steady yield. Bitcoin (BTC) is trading around $10,730 as of 20:30 UTC (4:30…
Continue ReadingBitcoin and ether both dropped Monday as global markets conducted a selling session. Bitcoin (BTC) trading around $10,492 as of 20:00 UTC (4 p.m. EDT). Slipping 3.6% over the previous…
Continue ReadingAs it grapples with multiple security breaches, Ethereum Classic Labs has partnered with ChainSafe and OpenRelay in hopes of increasing its defenses against 51% attacks. In a post, Ethereum and…
Continue ReadingBitcoin lost momentum Thursday while DeFi delirium pushes fees on Ethereum back up. Bitcoin (BTC) trading around $10,920 as of 20:00 UTC (4 p.m. ET). Slipping 0.73% over the previous…
Continue ReadingBitcoin is making gains not seen since early September; the amount of BTC locked in DeFi hits six figures. Bitcoin (BTC) trading around $10,778 as of 20:00 UTC (4 p.m.…
Continue ReadingThe recent 51% attacks on Ethereum Classic (ETC) have raised fresh questions about the security of proof-of-work blockchains. Not only has ETC been attacked three times within a month, but…
Continue ReadingBitcoin is making gains Monday and Ethereum usage is hitting record highs in September. Bitcoin (BTC) trading around $10,669 as of 20:00 UTC (4 p.m. ET). Gaining 3.4% over the…
Continue ReadingEthereum Classic Labs, the entity behind the Ethereum Classic (ETC) asset, and blockchain analysis outfit Chainalysis have joined forces. Aside from its work on ETC-related technology, ETC Labs also operates…
Continue ReadingEarlier today, Dexaran presented its solution to the Ethereum Classic (ETC) community aimed at preventing future 51% attacks. The presentation came a week after Cardano’s IOHK introduced its checkpointing proposal.…
Continue ReadingYou’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto…
Continue ReadingDespite three “51% attacks” in a month, Ethereum Classic’s price has demonstrated strong resilience. Though down a bit for the past month, its persistence may indicate that security is not…
Continue ReadingEarlier today, IOHK presented its checkpointing proposal to the Ethereum Classic (ETC) community. This is meant as a short-term solution for preventing future 51% attacks. In the past several weeks,…
Continue ReadingResponding to numerous 51% attacks on the Ethereum Classic blockchain, ETC Labs said that it’s time to bring regulation to hashpower rental marketplaces, citing the fact that at least two…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingThe Ethereum Classic blockchain suffered a 51% attack Saturday evening, its third 51% attack this month, noticed by mining company Bitfly, which also spotted the first attack on Aug. 1.…
Continue ReadingCharles Hoskinson’s IOHK recently published two Ethereum Classic Improvement Proposals, or ECIPs, meant to help the struggling chain recover after a slew of recent 51% attacks. The first introduced a checkpoint system…
Continue ReadingEthereum Classic’s hashrate has dropped precipitously since January and continues to decline after two successful 51% attacks on the network earlier in August. In light of the vulnerability, Ethereum Classic…
Continue Reading