Ethereum has seen a slight climb higher that has allowed it to surmount the $200 region. This momentum has been primarily rooted in that seen by Bitcoin, which tapped $10,000 overnight before seeing a slight decline that led it to $9,600.Although ETH has underperformed Bitcoin today, it is important to note that its climb above […]
Even after the halving event, volatility in the space has continued to persist. Two days ago, it was identified that Ethereum was noting massive bearish sentiment from investors as the 3-month and 6-month skew moved under zero to -11.1% and -8.4%, respectively, on 10 May, indicating that the panic of the fall contributed to many […]
Bitcoin has been noting a lucrative turn of events in 2020, while also overcoming a difficult period that began in March. With the threat of COVID-19 on the world economy still a major concern, the digital asset industry has seemingly carried on with its business, with traders now seemingly content with the present market situation. […]
With Bitcoin‘s halving now behind us, all eyes in the crypto-community are on the launch of ETH 2.0. ‘Will it launch anytime soon?’ ‘Will it really address all the loopholes in ETH1,’ and many other questions are making the rounds in the ecosystem. ETH 2.0 project lead Danny Ryan addressed the sticking points with ETH […]
According to recent reports, prominent social media platform Reddit has revealed that it is currently running tests on two Ethereum-based tokens named $MOONS and $BRICKS that will be used to grant rewards to the platform’s users, especially those contributing to Reddit content. The entire reward system is currently being referred to as “Community Points” and […]
Wrapped Bitcoin aka WBTC is a way of getting Bitcoin on Ethereum, where WBTC is pegged 1:1 with BTC. This is supposedly the future of cryptocurrencies – cross-chain compatibility. WBTC is one such project working to get the Bitcoin ecosystem [liquidity], or at least a part of it, to ETH. Since the Ethereum chain consists […]
Following a low-key third halving (in terms of price), Bitcoin was maintaining a sort of quasi-stability in the high-$8,000s for nearly two days. On Wednesday, however, things started pacing up once again as the benchmark cryptocurrency crossed the psychological barrier at $9,000 and then went straight past the resistance at $9,200. Many observers were anticipating […]
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