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Month: January 2020

cryptocurrency January 31, 2020

Ethereum’s valuation received another boost over the past 24-hours as the price spiked from $170.36 to $186.40. Major resistance at $175.06 was breached in the process as the asset managed to cross the $180 mark. At press time, Ethereum continued to consolidate above at $182.78 but major indications for a pullback were surfacing in the […]

cryptocurrency January 31, 2020

Tether [USDT] has claimed the position of being the largest stablecoin in the cryptocurrency market through its strong market capitalization of $4.65 billion. When Tether started swapping USDT on Omni to Ethereum, though the reason behind the decision was not made public, the cumulative transfer volume of USDT exceeded the transfer volumes of ETH on […]

cryptocurrency January 31, 2020

Other than being one of the top digital assets in the world, Ethereum‘s blockchain facilitates a large array of decentralized applications and enterprises that operate their businesses based on blockchain technology. In a recent interview with BlockTV, Tim Beiko, Core Ethereum Developer discussed why Ethereum blockchain is the best option available for enterprises in the […]

cryptocurrency January 31, 2020

Today, Aztec Protocol, a highly-anticipated privacy layer, launched its mainnet on Ethereum. The protocol obfuscates inputs and outputs using zero-knowledge proofs, and several DeFi projects have already shown interest in integrating the technology. Programmable Money, Programmable Privacy Since announcing the project over a year ago, Aztec’s vision to bring secret transactions to public blockchains has […]

cryptocurrency January 31, 2020

Stablecoins in the cryptocurrency sphere have had a polarizing effect on the community since their emergence. Existing on Ethereum and other blockchains, many feel stablecoins are not true cryptocurrencies and are being stymied with pegs to existing fiat currencies, but there is a growing feeling that they are the pathway to mass adoption. In fact, […]

cryptocurrency January 31, 2020

Ethereum price surged more than 5% and broke the key $180 resistance area against the US Dollar. ETH traded as high as $187 and it is currently correcting gains.Ethereum is showing a lot of positive signs and it recently climbed above $180 against the US Dollar.The price remained well bid above the $170 support and […]

cryptocurrency January 30, 2020

A vast majority of 2019 went away discussing the price action of major digital assets, tussling between the narrative of a bull or bear scenario. 2020 started on the same note as a major part of the community is currently backed the ‘bull-run’ bandwagon with Bitcoin’s 30 percent increase in January. In between all the […]

cryptocurrency January 30, 2020

Decentralized Finance (DeFi) has been a steadily-growing trend in the digital asset industry, recently reaching new highs in terms of the amounts that have been locked away. DeFi adoption exploded in 2019 and recent trends indicate that adoption will continue to grow in 2020. In fact, it has just broken a new record in 2020 […]

cryptocurrency January 30, 2020

Stablecoins on Ethereum had a cumulative transfer volume greater than its native ETH in 2019. This point indicates larger trends at play that could change the broader crypto landscape.  The Advent of Stable Money in Crypto Data from Messari Research suggests ETH’s trailing 12 month transfer volume fell from approximately $430 billion to $150 billion […]

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