Price of Ethereum

Introduction The year 2020 has shown the full power of the digital industry amidst the COVID 19 pandemics. The most recent market analysis shows the drop of USD at its lowest rate in the last 32 months, dozens of low-cost airlines declared bankruptcy, while tourism and restaurant businesses are facing the verge of collapse as the “new normal” takes its toll. It’s safe to assume that 2021 will be a turbulent year, which means it’s not going to be easy to predict a safe investment. However, in this article, we are going to let you in on five reasons why you should consider investing in Cryptocurrency. Crypto value and trade is on a rise Bitcoin reached a staggering value of $22k in December of 2020, and Ethereum also got higher than ever before at the same time. According to a ...

Blockchain technology is considered to be the revolution in the world of IT and with each passing day that assumption solidifies itself as a hard fact. Although, in the beginning, when the first blockchain based cryptocurrency; Bitcoin started its journey, few could predict such heavy impact. Back then, the first trailblazers to fully adopt crypto and blockchain technology were the pioneering BTC Casinos such as FortuneJack. They predicted this astronomical rise and are to this day, providing best Bitcoin Casino entertainment to their communities of players. So, what is the Blockchain technology and why has it become synonymous with the Bitcoin Casinos all around the world? How does the Blockchain System work? First and foremost, Blockchain is the decentralized system that doesn’...

It all started in the December of 2017, when the whole world acknowledged Bitcoin to be the viable tool for investment. All this was due to the price of BTC hitting a +$17K tag. Since then there has been much criticism, attempts of derailment and various regulations to slow crypto revolution down. Although today, these attempts proved to be futile, because at this point, Bitcoin is yet again around the same price tag, and it’s universally considered to go even higher. Whether you’d like to invest in crypto or you’re considering Bitcoin Gambling, the indisputable fact is that everyone is primed to make massive profits by dealing with cryptocurrencies. Bitcoin Investment Around half a year ago, the price of a single Bitcoin was around 6,000 USD. Anyone who invested in BTC during tha...

Huobi Futures has just celebrated over $2.6 trillion in cumulative trading volumes since its launch just over two years ago. Its launch date was December 10, 2018 and ever since then, the trading platform has gone from strength to strength, now being considered one of the go-to places for derivitace product options. A constant look towards the future and a aim to expand its product options have helped its growth. For instance, USDT-margined Swaps, Coin-margined swaps and futures are among the services that are central to Huobi’s offering currently. This is demonstrated by USDT-margined Swaps accounting for almost 23 percent of the trading volume of all units as of December 3rd. Huobi’s coin-margined futures trading, which includes 13 major crypto assets, also has had a unilatera...

BitFuFu will launch the world’s first HashRate-standardized mining platform on 15th of December 2020, representing a huge evolution in the industry.   15th December 2020, New York, NY – BitFuFu, the first HashRate-standardized mining platform in the world will provide users with HashRate-standardized cloud mining product services, and enable users to buy BTC with one-click ordering.  Through Chaos Comes Order Today the cloud mining industry is piled up with service providers, and a huge variety of platforms. Pricing of HashRate contracts varies from platform to platform, and users are plagued by multiple variables.  Although somewhat developed over the last several years, the industry is still unable to provide direct service for the user’s core demand – “mining out”. T...

From the outside, crypto can seem like an intimidating topic. There is a plethora of new vocabulary and a steep learning curve. Newcomers can feel bewildered or lost in a maze of competing projects. Even experienced tech users can feel as though they’ve entered a topsy-turvy world. However, circumnavigating those concerns is crucial to ensure broader adoption, which is precisely what HODLCommunity (HODLC) is all about.  The Scary Nature of Crypto As an onlooker, the daunting nature of cryptocurrencies, such as Bitcoin and Ethereum, should not be dismissed. Crypto is not one’s traditional investment opportunity. It requires a strong stomach to ride the rollercoaster of market volatility. While crypto-assets offer a lot of freedom, there is a multitude of responsibilities to ke...

Bitcoin Press Release: Recent calculations clearly document that the dominant crypto trading platforms are up to 13 times more expensive for active crypto traders to use than the new Scandinavian exchange CPH Crypto.   16th December 2020, Copenhagen, Denmark – Every swing trader, day trader and scalper in the crypto market knows the importance of trading fees and how those fees often make it extremely difficult to pursue trading strategies based on high-frequency trading. It’s commonly known among traders that cost simply kills profit.  Lack of competition and transparency prevents traders to profit. The problem is simple: Up until now, the competition on fees in the crypto trading market has been virtually absent, and the dominant trading platforms have been able to charge exor...

Bitcoin Press Release: 1xBit casino announces support for the use of the Binance Coin (BNB) cryptocurrency on its betting platform.  17th December 2020, Limassol, Cyprus – Top crypto casino 1xBit has added Binance Coin (BNB) to its long list of supported cryptocurrencies. Henceforth, users of the platform can utilize the cryptocurrency to bet and earn many rewards and bonuses available for them. What Is BNB? BNB was created in 2017 as an ERC20 token on the Ethereum blockchain. In 2019, the ERC20 BNB tokens were swapped with BEP2 BNB during which the Binance Chain was launched, and now it hosts the coin. Since then, BNB has become the native currency used to run the Binance Chain blockchain. BNB coins are pre-mined, which means there is no need for a system to mine new c...

Bitcoin Press Release: Golden Pyrex (GPYX) announce details of their DeFi platform enabling yield farming, gaming, and NFTs. 17th December, 2020, Nur-Sultan, Kazakhstan – Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test. Indeed, innovative use cases like governance, yield farming, and non-fungible tokens (NFTs) will play an essential role in the future’s economy, but not all of them will survive.  GoldenPyrex Is Building a Sustainable and Independent Token Ecosystem A key reason behind failing projects is their improper liquidity assurance. Tokens require liquidity to strive, and this is normally generated via third-party trading. However, a key ...

Let’s say you’re a longtime Bitcoiner with some BTC laying around that you’d be willing to experiment with. ‘If that sounds like you, then maybe you’ve also heard about Ethereum’s rising decentralized finance ecosystem and how you can put your BTC to work in DeFi in various ways, though you don’t know where to start. If you fit the bill here, then look no further. Here’s a brief primer on Ethereum’s most popular BTC token to date, the BitGo-backed WBTC project, and a range of ways you can put this token to productive use around DeFi. The ERC-20 BTC Boom Has Begun As the leading smart contract platform, Ethereum is great for tokenizing just about anything. That said, Ethereum’s ERC-20 token standard can be used to easily represent and make tradable atop Ethereum assets that are otherwise ...