(VIANEWS) – Esports Entertainment Group, Inc. has provided an update on the implementation of ggCircuit’s crypto mining program for LAN facilities.
The crypto mining program, according to Proactive Investors, is an add-on to the ggLeap subscription service that allows center owners to use idle computer power to mine for Ethereum by opting into the project with the click of a button.
Since the beta launch in early May, over 100 centers have opted in, mining a total of more than $250,0000 in Ethereum.
Ethereum (ETH-USD) Cryptocurrency is currently on bullish momentum by 4.31% in the last 6 hours. At 04:50 EST on Wednesday, 21 July, Ethereum (ETH-USD) is at $1,874.6300.
Today’s last reported volume for Ethereum is 20617991816, 45.54% below its average volume of 37860216123.64.
All-Time High and Low
Ethereum’s current value is at $1874.63, 57.03% below its all-time high of $4356.99 on Wednesday, 12 May.
Ethereum’s current value is at $1874.63, 432302.17% above its all time low of $4356.99 on Tuesday, 20 October.
Market Cap and Supply
Ethereum’s current market cap is 218922038420.
Currently, Ethereum (ETH-USD) has 1441583 Twitter followers and 1043613 Reddit subscribers.
As of now, on Github, there are 11558 forks, 31488 stars, and 2106 subscribers.
Ethereum’s last week, last month’s, and last quarter’s current volatility was a negative 2.60%, a negative 0.62%, and a positive 5.13%, respectively.
Ethereum’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.63% (last week), 4.39% (last month), and 5.13% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Ethereum’s crypto is considered to be overbought (>=80).
Other News About Ethereum (ETH-USD)
According to FXStreet on Monday, 19 July, “Cryptocurrencies have consolidated around lower levels, with Bitcoin pressured under $32,000 and Ethereum hovering around $1,900.”
According to DailyForex on Tuesday, 20 July, “Speculators who have been tempted to buy ETH/USD based on the assumption that a volatile move upwards would be attained merely because Ethereum has slipped so badly and reversals are due to happen are likely seeing very bad outcomes. “, “The ability of Ethereum to crash below the 1900.00 and 1800.00 junctures and not demonstrate an abrupt reversal higher indicates technically that bearish sentiment remains steadfast. ”
According to Proactive Investors on Tuesday, 20 July, “The crypto mining application is an add-on to the ggLeap subscription offering that enables center owners to utilize idle computing power to mine for Ethereum by opting into the initiative with the click of a button. ”
News about Bitcoin
Bitcoin breaks $30,000 level, falls 2.7%. According to Bloomberg Quint on Tuesday, 20 July, “Bitcoin Dipped to 3-Week Low’I Put £2M Into Bitcoin’Ethereum Co-Founder Abandons CryptoMalaysian Seized 1,000 Bitcoin Mining RigsBitcoin Mining Difficulty Drops”
Bitcoin declines below $30,000 for the first time in a month. According to Bloomberg Quint on Monday, 19 July, “A selloff in Bitcoin accelerated Tuesday, pushing it below $30,000 for the first time in about a month.”, “Narratives that had propelled Bitcoin to a mid-April record of almost $65,000 are now being questioned. ”
Bitcoin loses ground as risk aversion takes over the markets – 20 July 2021. According to DailyForex on Tuesday, 20 July, “China is currently the main Bitcoin mining hub in the world, though China’s recent moves have made the country less attractive to miners, who are now moving to the United States, the world’s second-biggest mining destination.”, “China claims that it is aiming to become carbon neutral and that Bitcoin mining requiring a lot of energy is incompatible with its goals. ”
Btc/usd forecast: Bitcoin pressures major support – 19 July 2021. According to DailyForex on Monday, 19 July, “The Bitcoin market fluctuated during the trading session on Friday as we continue to hover just above the $30,000 level. “, “Nonetheless, I think there are far too many things working against Bitcoin to make it go much higher in the short term. ”
More news about Ethereum (ETH-USD).