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Month: January 2020

cryptocurrency January 16, 2020

DeFi protocols are proving their value after providing profit-making opportunities during diverse market conditions. Advertisements Building Financial Utility  In the first half of 2019, as the cryptocurrency market started to rise from multi-year lows, DeFi got its first taste of a bull market as loans on Maker hit an all-time high of $505 million.  Source: […]

cryptocurrency January 16, 2020

Ethereum rallied towards $170 and bitcoin jumped towards $9,000 before starting a downside correction. However, dips in ETH price remains supported near $158 and $155.Ether price started a downside correction the new 2020 high at $172 against the US Dollar.The price is currently trading below $165 and it could extend its decline.There is a major […]

cryptocurrency January 15, 2020

It has been a good start to the year for Ethereum. Advertisements After registering minor hikes on 3rd and 6th January, the world’s 2nd largest crypto-asset recorded a significant pump on the 14th, recording a hike of 18.88 percent. The valuation pushed the price of Ethereum from $143 to $170 as major resistances at $150 […]

cryptocurrency January 15, 2020

Ethereum is up more than 15% and it broke the key $150 and $160 hurdles versus the US Dollar, while bitcoin jumped above $8,800. However, the current price action suggests ETH could correct towards $160 before it continues higher.Ether price rallied significantly after it broke the $148 resistance area against the US Dollar.The price even […]

cryptocurrency January 14, 2020

South Korea-based cryptocurrency exchange, Upbit, recently announced the re-opening of deposits and withdrawals for Ethereum on the platform. These services had been closed for a long time following a hack that stole ~$50 million in crypto-funds from the exchange. Advertisements “A new wallet system has been adopted for deposit and withdrawal of cryptocurrencies,” Upbit said, […]

cryptocurrency January 14, 2020

The Cardano ecosystem has been in full swing development mode after the success of the incentivized testnet. As it approaches the Shelley mainnet launch, the focus has mostly been on network stability and other improvements. Advertisements In a more recent update, the CEO of IOHK, Charles Hoskinson, revealed that the next-generation protocol on Shelley, dubbed, […]

cryptocurrency January 13, 2020

Advertisements The Ethereum Classic Cooperative is warning the public against an apparent scam that is attempting to exploit users the day after the altcoin completed its hard fork. An Ethereum Classic (ETC) development organization is warning the public against a possible scam that is attempting to exploit users the day after the altcoin completed its […]