There are quite a few factors that influence the growth and consolidation of the digital asset industry. Whether it is institutional involvement or popular market sentiment or even a political event, the market has shown a tendency to be affected by a host of variables. However, recent data suggests that the contributory factors to the […]
It has been close to 2 weeks since the market crash took place and since then, the charts of major assets have significantly stabilized. Ethereum continued to exhibit sideways movement between $123 and $135 but at press time, it remained just above the resistance at $135. At press time, the market cap continued to be […]
Showing clear signs of revival, Bitcoin went up by a whopping 21% between 23 and 24 March. During this time, the king coin’s price climbed close to the $7,000 level. However, despite continuously trying to establish a higher foothold after the great fall in the second week of March, Bitcoin again retraced its steps back […]
Ethereum kicked off 2020 with an explosive rally following the rapid growth and expansion of the decentralized finance sector, which nearly doubled the value of the asset in just a couple of month’s time.
Bitcoin has cemented itself as the world’s largest cryptocurrency, with Ethereum in second place with a market cap of $15 billion. However, in the digital asset lending market, Ethereum’s decentralized finance applications and DeFi have also established themselves. In fact, earlier in 2020, the total value locked in DeFi had exceeded $1 billion. Interestingly, the […]
Ethereum co-founder Vitalik Buterin suggests a DEX-bridge solution to the “embarrassing” lack of easy movement between Bitcoin and Ethereum networks. Ethereum co-founder Vitalik Buterin posted a tweet on March 24 claiming that the continuing lack of easy movement between the Ethereum and Bitcoin networks was embarrassing. As a solution, he proposed putting resources into building […]
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