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 […]
Ethereum has had a tough journey this bear market, following its strong correlation with Bitcoin. Despite the losses incurred by the second-largest cryptocurrency, however, it was still reporting 4.01% in returns for investors in 2020. In the meantime, ETH’s correlation with the traditional asset class seemed to have surged over time and was, at press […]
After several retracing attempts, Ethereum could finally be on its way to recovery. At press time, following Bitcoin’s footsteps, Ethereum was up by 9.24% over the last 24-hours and was trading around the crucial resistance level of $137.06. As the second-largest cryptocurrency geared up for a bullish reversal, its network fundamentals were also observed to […]
Ethereum is up around 10% and it traded above the key $130 resistance against the US Dollar. ETH price is likely to continue higher towards the $150 resistance if it clears $140.Ethereum is showing a few positive signs above the $135 level against the US Dollar.The price is now approaching the key $140 resistance area.There […]
Ethereum-based VR platform Somnium Space has moved from scalability solution Loon Network to Matic to scale better. Ethereum-based virtual-reality (VR) platform Somnium Space has moved from scalability solution Loom Network to Matic to enhance scaling. On March 23, Somnium Space said that it hopes the transition will allow it to achieve scalability and provide a […]
The month of March has been chaotic for most crypto-assets after they faced devaluation, followed by a sudden pump, followed by more prices getting slashed. The world’s largest altcoin, Ethereum, has also been trying to stay away from the market’s bearish sentiment, but has not been successful. However, the correlation between Bitcoin and Ethereum has […]
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