Ethereum 

Binance to Support Upgraded Ethereum Network Muir Glacier

When it comes to the crypto space, it should be noted that much of the progress that has been seen is primarily due to the existence of crypto exchanges, and perhaps the most influential among those is Binance. In a new development, the exchange has announced that Ethereum withdrawals and deposits are going to be suspended in order to complete an upgrade on the ETH network. Key Details The Ethereum network recently announced that there is going to be a Muir Glacier upgrade, and owing to that, Binance will update…

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Bitcoin 

Ethereum Gets Solid Support from Ernst & Young

The past few days have been quite difficult for the crypto space due to the continuing poor performance by some of the leading tokens; however, major cryptocurrency Ethereum received some boost today. In a new development, consultancy giant Ernst & Young announced a new source code that could make the ETH blockchain far more efficient and secure. How Important is This? The development comes at an interesting time since ETH is all set to upgrade its network in order to control costs significantly and promote efficiency. This is a development…

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Blockchain 

Binance Announces Tezos Support and Acquisition of Dapp Platform

Binance, the world’s second-largest crypto exchange by daily volume, has announced that it will begin supporting Tezos (XTZ) staking and also announced its acquisition of Beijing-based DappReview, which offers data-driven research and advertising services to blockchain-based decentralized applications (dapps). Beginning from tomorrow, December 4, Binance users will be able to trade with XTZ and will begin distributing XTZ staking rewards on January 20, and on the 20th of each month thereafter. The exchange said that it will not charge for the staking service, unlike rivals Coinbase and Gate.io, which charge…

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Blockchain 

BitPay to Include Support for XRP This Year

Over the course of the past few years, plenty of innovative companies have come up, and one of the more interesting ones in this regard has been BitPay. The company is a blockchain payment provider and is regarded among the more innovative companies in the crypto ecosystem. Key Details In a new development, BitPay announced that it is going to provide support for XRP payments by the end of 2019. It is a significant development not only for the company itself but also for XRP, which is currently the third-biggest cryptocurrency in…

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Blockchain 

Bitcoin Price Soars 7% as Bulls Find Support at Lower Levels

Over the course of the first half of the year, the cryptocurrency market enjoyed an amazing run, and much of it was driven by Bitcoin (BTC), which ended up with hefty gains at the end of each of those months. However, the months of July and August proved to be an extremely turbulent period for BTC as it lost momentum due to multiple factors and hovered within a lower range. That being said, the cryptocurrency seems to have made a grand comeback in September, and the bulls are ruling the…

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Blockchain 

Coinbase UK Drops Support for Zcash

It has yet to be disclosed as to why, but the UK arm of Coinbase is dropping support for Zcash (ZEC) cryptocurrency. The move has, understandably, rattled Zcash investors. Coinbase Drops Support for Zcash According to customers of Coinbase UK, the exchange is sending out letters telling traders to convert their ZEC holdings by August 26. Alternatively, traders are encouraged to export their coins to an external wallet. If they fail to do so, their ZEC balance will automatically convert to British pound sterling in their user accounts. As stated,…

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Blockchain 

Monero (XMR) Still Vulnerable Despite Receiving Support from Nick Szabo

Like most digital coins, Monero (XMR) is equally vulnerable despite its bullish trading pattern against the US dollar. With privacy becoming more important each day, Monero is already well-positioned in that regard. The network has shown some resiliency despite its dependence on developers rejecting miner monopolization efforts. Monero Receives Backing from Nick Szabo There have been concerted efforts regarding privacy by citizens who are opposed to the behemoths focusing on personal data collection and processing for their own gain. For instance, Facebook (NASDAQ:FB) has been in the spotlight regarding privacy…

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Blockchain 

Ripple Performs Better than Broader Crypto Markets on Technical Support

One of the most interesting cryptocurrencies to have emerged over the past few years has been Ripple (XRP), and it has managed to hold onto its position as the third biggest cryptocurrency by market capitalization. However, it has not had the best year so far, despite threatening to break out more than once. In a new development that will be welcomed by those who hold XRP, the cryptocurrency has managed to outperform the market amidst all the chaos. XRP Finds Support While most of the market has been in a…

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Blockchain 

Ethereum Futures Already Gaining Significant Support in the Industry

Ethereum (ETH) is the second largest virtual currency in terms of market cap, and for quite some time investors have been expecting Ethereum futures that seem to, at last, be happening. However, these expectations have faced interest concerns and regulatory uncertainty regarding the crypto asset.Ethereum Futures Realized The expectations for Ethereum futures appear to have been realized with The Block reporting that one of the largest global exchanges, CME Group, was preparing to release a futures product for Ethereum. The Chicago-based CME Group was the institution that launched Bitcoin futures…

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Blockchain 

Coinbase Announces Support for EOS

Coinbase has announced that from today, EOS will be supported by its custodial wallet. Coinbase users can now buy, sell, receive, convert, and store crypto on the platform as well as exchange it against fiat currencies that are supported. EOS is currently among the top cryptocurrencies, and it is ranked fifth largest in terms of circulation. EOS Now Available on Coinbase Wallet Coinbase tweeted that it is launching EOS on its website as well as in the Android and iOS Coinbase apps, so users will need to update their apps…

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