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Day: March 12, 2020

cryptocurrency March 12, 2020

Advertisements The recent crash in the cryptocurrency market followed the first big dip of the year that began at the end of February and sent many investors into the red. However, there are cases of savvy Ethereum whales who have managed to make a profit dumping their coins at opportune moments. Traditional markets, oil, and cryptocurrencies […]

cryptocurrency March 12, 2020

Advertisements The cryptocurrency community isn’t buying a theory suggesting that a coronavirus-prompted recession will make Ethereum decentralized financial (DeFi) applications more popular. Investor Ryan Sean Adams made the case that efforts to mitigate the impact of an increasingly likely recession would create further confidence in Ethereum, driving DAI rates up and attracting “millions” of users. […]

cryptocurrency March 12, 2020

Advertisements Gas prices on Ethereum have spiked to their highest level in more than a year. Prices tanking across the entire industry have investors rushing for the exits and driving the cost to use the network up. After a rocky week or so, cryptocurrency prices made some of their most dramatic moves to date today. […]

cryptocurrency March 12, 2020

Ethereum, the second-largest cryptocurrency by market capitalization, plunged by a massive 35 percent on Thursday, logging its biggest decline in a day since the 2018 ICO bust.The ETH-to-dollar exchange rate fell from $195.64 to $126.28 in 30 minutes, following the leading cryptocurrency Bitcoin’s frenetic sell-off within the same timeframe. The implosive move downhill led Ethereum’s […]

cryptocurrency March 12, 2020

Advertisements After camping around the support area at $7,800 for the past few days, Bitcoin has resumed its retreat and is currently trading at $7,600 at the time of publishing. As if the current woes of the market weren’t bad enough, Binance users in Turkey are suspecting that the exchange may have been somehow compromised. […]