Can Two Ethereum Markets Co-Exist?
How big is the ethereum market? In light of recent developments, answering this question has become more complex for traders and market observers. Due to the unintended consequences of the ethereum community's decision to create a new version of its blockchain last month, there are now two ethereum markets representing the value of almost identical platforms. The planned technical change, which at first had seemed to go off without a hitch, soon got a little strange, as a whole ecosystem of exchanges, miners and traders sprung up around the abandoned blockchain. At press time, this has....
Related News
User experience has been a longstanding problem in cryptocurrency. Early adopters have accepted many issues that just don’t exist in traditional financial markets, including friction with onboarding, slow block confirmation times, and exchange outages. However, perhaps one of the most significant UX issues for cryptocurrency traders and investors is liquidity. The cryptocurrency markets are heavily […]
The unintended consequences of the ethereum hard fork continued to mount this week as new problems became apparent due to the ongoing popularity of two competing networks. A week ago, there was one ethereum, a decentralized computing platform that’s drawn outside attention for applying the cryptocurrency concept to develop new Internet applications. But due to a schism in how people think the platform should work, there are now two ethereum networks (ethereum and ethereum classic), both of which use an almost identical history. The thinking was one blockchain 'winner' would quickly emerge....
Ethereum is testing $2,000. The market is uncertain. And a few hours ago, one institution decided that uncertainty was the right time to commit another $340 million. Related Reading: The Last Time Oil Did This, Bitcoin Did Not Exist – BTC Faces Its First Real Stress Test Data from Arkham Intelligence has identified a transaction […]
Bitcoin is about as innovative of a technology as it gets. It quite possibly is the most important technology to ever exist, potentially more impactful than the internet before it. Without the internet, cryptocurrencies might never exist, but Bitcoin could forever change the face of money – and with it, control. As powerful and potentially […]
BTC Markets has become one of the first trading platforms to include DAO support, allowing people to transfer ownership of the DAOs. BTC Markets, the Australian Bitcoin and Ethereum exchange, has announced that it will soon be supporting Ethereum DAO on its platform. The new option will allow holders to transfer the ownership of their DAO tokens by trading it for either Bitcoin or Ethereum, says an announcement by BTC Markets DAO (decentralized autonomous organization), the Ethereum smart contract based governance structure using specially created tokens (DAO tokens) has been lately....