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Day: April 22, 2020

cryptocurrency April 22, 2020

Aside from Bitcoin, the most talked-about cryptocurrency over the past few weeks has seemingly been Tether.The fourth-largest cryptocurrency by market capitalization, the stablecoin, which trades on markets as USDT, has become increasingly important to the crypto market. So much so that just the other day, data shared by Unfolded suggested that Tether’s market capitalization hit […]

cryptocurrency April 22, 2020

The largest altcoin, Ethereum, soared by 4.38% over the last 24-hours which pulled the coin to a valuation of $179.89, at press time. Despite the bullish revival, ETH bulls have lacked the necessary strength to attempt a crucial breach to the upside. Ethereum [ETH] Daily Chart: Source: ETH/USD on TradingView Ascending channel formation on the […]

cryptocurrency April 22, 2020

After a cruel Black Thursday, Ethereum is finally enjoying a period of sustained performance in the cryptocurrency charts. Over the past week, Ethereum’s valuation had improved steadily as the 2nd largest asset continued on its path of recovery. Source: coinstats ETH/USD on Trading View From the chart above, it can be observed that Etherum’s current […]

cryptocurrency April 22, 2020

Ethreum spot price was slashed by 7.53% due to a market-wide correction on 21 April. Due to intense selling pressure, ETH’s valuation fell from $180 to $167. According to the insight provided by Santiment, the fall called attention to a great spike formed in ETH’s Token Age Consumed. The metric, Token Age Consume, indicates the […]

cryptocurrency April 22, 2020

Some crypto analysts and experts believe the ETH 2.0 revamp will transform DeFi and trigger a major bull run. With the first phase of Ethereum 2.0 due to launch within months, some analysts and experts believe it could trigger a major bull run and transform finance as we know it.  Adam Cochran, a partner at […]

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