The competitive drive between Ethereum, EOS, and Tron over decentralized applications or DApps continued to escalate in 2020. Justin Sun’s Tron was able to surpass EOS DApps for the first time last month, however, it continued to lag behind Ethereum’s dominance. In terms of popularity as well, Ethereum‘s DeFi sector grabbed all the attention as […]
Ethereum has been caught within an explosive and highly bullish uptrend throughout 2020, which has led ETH to significantly outperform both Bitcoin and the aggregated cryptocurrency market over the past several days.This bullishness has reached a boiling point after the cryptocurrency broke above $200, with its movement above this key psychological resistance level opening the […]
This week the total value of USD locked in DeFi platforms topped $1 billion and Ether price broke through a key resistance to rally to a new 2020 high. Altcoin price action has been the talk of the town for the past two weeks — and for good reason. Since the start of 2020, altcoins […]
January’s bullish sentiment has managed to permeate February as well with the market’s major crypto-assets registering a positive 1st week. Bitcoin registered another hike of 5.13 percent and the world’s largest crypto-asset breached its key resistance at $9700 on 5 February. However, the altcoins managed to rally better than BTC over the same time period. […]
RSK is launching a bridge into Ethereum that lets its users directly access a Bitcoin-pegged token, which could lead to its use as collateral for DeFi. The RSK project announced the creation of Token Bridge, an interoperability protocol between the Bitcoin-pegged sidechain and Ethereum, on Feb. 6. It could have important implications for the burgeoning […]
Whenever the issue of Ethereum’s monetary value is raised, a vast majority of the space is quick to react and criticize the world’s 2nd largest digital asset’s credentials based on various factors such as network centralization, pre-mined tokens, and uncertainty in governance and policy. In Ryan Sean Adams’ latest bankless newsletter, David Hoffman, COO at […]
Since the start of the year, Ethereum has been moving steadily upwards, sometimes violently, to form a steep vertical channel. And yesterday’s sharp gains saw a breach of the key $200 level.As such, analysts expect this to be a massive turning point for the number two cryptocurrency, which up until the start of the year, […]
Ethereum‘s blockchain is popular in the industry for the promotion and creation of Decentralized Applications or dApps. EOS and Tron account for the development of DApps as well, and over the past few years, these decentralized applications have carved out a billion-dollar ecosystem for themselves. Although it was previously reported that 2019 was a lucrative […]
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