Ethereum failed to clear the $142 resistance and started a fresh decline against the US Dollar, similar to bitcoin. ETH price could soon test the main $120 support area, where the bulls might emerge.ETH price is currently trading in a bearish zone below the $135 level against the US Dollar.There are many hurdles on the […]
Ethereum-based video sharing platform Pepo has integrated Zoom to facilitate live streams amid the COVID-19 lockdown. The Ethereum-based social media app, Pepo, has integrated with video conferencing platform, Zoom, to facilitate live streaming. Pepo Live Events is currently exclusively available in beta on the platform’s website and has not given an estimate for when it […]
Slowly but steadily, “complex” smart contract transactions are overtaking standard Ethereum transactions. As these transactions need more gas to execute, the network risks becoming much more expensive as it makes room for DeFi operations. DeFi Slowly Competing with Value Transfer According to Ganesh Swami, CEO of Covalent, Ethereum transactions can be classified into three broad […]
Altcoins faced the wrath of the market after Bitcoin slid from $9,000 to $4,000. This brutal dip in the value of Bitcoin came following the sudden correlation with the stock markets. However, for altcoins, such falls are usually due to their correlation with Bitcoin. With Bitcoin being the most widely traded cryptocurrency [excluding stablecoins], it […]
For the Ethereum ecosystem, decentralized finance (DeFi) has become one of its most promising ventures. In a world where finance and tech seem to overlap more often than not, coupling finance with the immense benefits of a decentralized blockchain can revolutionize the ecosystem drastically. On the latest episode of the Epicenter podcast, Joseph Lubin, Founder […]
The fag end of 2019 saw a rise in the decentralized finance [DeFi] market. Bitcoin (BTC) was the first implementation of decentralized finance, with the second wave of DeFi including the Ethereum blockchain, a development that added another layer of programmability to its blockchain. Investors could now borrow, lend, trade, exchange, hedge, and store cryptographic […]
Ethereum, much like Bitcoin and all other major cryptocurrencies, is currently caught within a bout of range-bound trading that has led it to hover within the mid-$130 region.This lackluster price action may not last long, however, as analysts are now widely noting that the crypto may soon “dive hard” during the next major Bitcoin selloff.This […]
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 […]
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