After briefly falling under the crucial resistance of $229 towards the tail end of February, Ethereum has managed to bounce back above the mark and has consolidated at a higher range. With a 2.84 percent hike over the past-24 hours, ETH was priced at $245.63 with a market cap of $27.02 billion, at press time. […]
Ethereum blockchain has been embraced by some of the world’s largest industry players. The world’s most popular smart contracts platform not only dominates the realm with respect to decentralized applications [DApps], but also in the field of decentralized finance [DeFi]. Enterprise Ethereum is essentially “a term that is used to holistically refer to blockchains built […]
A few days ago, Bitcoin advocate and venture investor from Morgan Creek Digital, Anthony Pompliano, compared the world’s largest altcoin to fiat money and stated that ‘the idea that ETH is money is fundamentally flawed.’ Drawing comparisons between fiat currency and Ether, he wrote, “The issue is that Ether is no different than fiat currency. […]
To answer the problem of slow adoption, an increasing number of companies have put their focus on bringing cross-chain liquidity to DeFi. Ren Protocol and Provable Things are two notable companies developing these advancements. Last month, Ren Protocol introduced its cross-chain interoperability tool RenVM, while pBTC, an interoperability token aimed to bring Bitcoin’s liquidity to […]
Despite Bitcoin closing 2019 up 90%, Ethereum didn’t fare all too well. The second-largest cryptocurrency actually registered a negative performance last year, crushed under the pressure of continued ICO selling and at-times questionable fundamentals.Analysts, however, have rapidly changed their outlook on ETH in the early stages of 2020, citing a confluence of positive technical factors […]
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