Ethereum 

Cryptocurrency Payments Processor BitPay Adds Support for Ether

Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether (ETH). Per a press release published on Sept. 16, companies that use BitPay for payment processing are now able to accept Ether for purchases without having to set up any enhancements. BitPay has also made it possible for users to store and use Ether in a BitPay wallet, and for BitPay Prepaid Visa Card holders to top up their debit cards. Ether joins Bitcoin and Bitcoin Cash Launched in 2011, BitPay processes payments…

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Ethereum 

Crypto Brokerage Tagomi Makes Shorting Bitcoin and Ether Easier

New York-based cryptocurrency brokerage and trading platform Tagomi allows its users to lend or borrow Bitcoin (BTC) and Ether (ETH) to facilitate long or short trades. Bloomberg Quint reported on Sept. 12 that the exchange aims to make shorting easier by offering immediate access to multiple counterparties from a single platform. The state of shoring in crypto Per the report, to short crypto assets, traders currently have to “call a host of brokers and trading desks to find the best rates for borrowing and risk the market moving against them…

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Bitcoin 

Bitcoin Price Near $10,500 as Ether and Other Altcoins Make Gains

Saturday, Sept. 7 — Bitcoin (BTC) is trading sideways after falling short of the resistance at $11,000 yesterday, while Ether (ETH) is making a slight recovery from its dip earlier this week Market visualization. Source: Coin360 Bitcoin has been trading in a range around $10,400 today. Yesterday it appeared that the coin would finally cross the $11,000 mark, a price the cryptocurrency has not seen since Aug. 13, but it fell short and corrected down to $10,313. At press time the coin is trading at $10,521, up 1% on the…

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Ethereum 

Venture Capitalist Fred Wilson Revises His Bullish Opinion on Ether

Fred Wilson, a financier and co-founder of venture capital firm Union Square Ventures, has revised his bullish opinion on Ether (ETH). Back in 2017, Wilson had suggested the market capitalization of Ether will bypass the market capitalization of Bitcoin (BTC) and eventually be worth more per coin. However, in a Sept. 4 blog post, Wilson acknowledged ETH has fallen short of this — and that the underlying Ethereum network is experiencing problems. He wrote: “Ethereum, as many of you know, confounds me. It has shown the way to so many important things; smart contracts, programmable trust-free…

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Bitcoin 

Crypto Market Sends Mixed Signals as Ether and Bitcoin Price See Green

Friday, Aug. 16 — Bitcoin (BTC) and Ether (ETH) are seeing some upward movement as XRP continues to slump. Market visualization. Source: Coin360 Bitcoin is trading at $10,480 at press time, representing a 4.58% price increase on the day. Bitcoin is seeing some momentum for an upward climb, peaking at $10,500 so far and continuing to stay away from the four-figure mark it fell to yesterday. Still, BTC needs to climb by about 15% to retake the $12,000 barrier, which it surpassed multiple times earlier this month. Earlier today, anticipated…

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Ethereum 

UK Financial Regulator FCA Won’t Regulate Bitcoin and Ether

Major British regulator, the Financial Conduct Authority (FCA), will not regulate Bitcoin (BTC) as a part of its recent guidance on crypto assets. FCA finalizes its statement on crypto after a public consultation released in January On July 31, the FCA issued its finalized policy statement on cryptocurrencies in a document titled “PS19/22: Guidance on Cryptoassets.” The document represents an updated version of a consultation paper on crypto assets that was first released for public comment in January 2019, and intends to bring more regulatory clarity to the existing types…

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Ethereum 

App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns

An app that claims to give users the chance to earn $45 a day in free bitcoin (BTC) is a scam, according to a tweet by an “independent malware hunter” posted on May 20. The software, known as Bitcoin Collector, is advertised on a website that supposedly enables users to share a unique URL with their friends with payouts of 3 ether (ETH) (worth about $800 at press time) for every 1,000 people who click on it. But according to a security researcher who goes by the nickname Frost on Twitter, the app is a…

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Bitcoin 

Ethereum Co-Founder Vitalik Buterin Proposes Creating On-Chain Ether Mixer

Ethereum (ETH) co-founder Vitalik Buterin has proposed creating an on-chain smart contract-based ether mixer in a note on collaborative development platform HackMD on May 24. In his note, Buterin argues that the Ethereum ecosystem needs more privacy, and points out that the default behavior is to do everything through a single account, allowing for all of the user’s activities to be linked to each other. Furthermore, he notes that simply spreading the ether across multiple addresses is not a solution, since the transactions sending ETH to those wallets connect them.…

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Blockchain 

Just 376 People Own 33% of the World’s Ether, Chainalysis Report Says

A third of the world’s ether (ETH) is owned by just 376 people, according to Chainalysis research published on May 15. Despite controlling a large portion of ETH’s circulating supply, the study found these “whales” are responsible for just 7% of all transaction activity. Chainalysis concluded that while these individuals don’t necessarily have a meaningful impact on ETH’s price, they do contribute to market volatility when big sell-offs are made. These figures could be seen as an improvement compared with 2016, when whales owned 47% of ETH’s circulating supply. According to…

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Ethereum 

Vitalik Buterin, Joseph Lubin Each Donate 1,000 Ether to Moloch DAO

Ethereum founders Joseph Lubin and Vitalik Buterin and their respective organizations ConsenSys and the Ethereum Foundation are each donating 1,000 ether (ETH) to the Moloch decentralized autonomous organization (DAO). This donation brings the organization’s total funds up to $1 million,  a Cointelegraph correspondent learned at the Ethereal Summit on May 10. The stated objective of Moloch DAO, created by Ameen Soleimani — the CEO of the Ethereum-based adult token platform Spankchain — aims to crowdsource funding for shared, open-source Ethereum infrastructure. Moloch DAO states: “Our objective is to accelerate the…

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