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Day: May 25, 2020

cryptocurrency May 25, 2020

Advertisements Blockstream seems to be taking a page out of Ethereum’s book as it sponsored a game that uses Liquid to issue non-fungible tokens, despite earlier criticism of the platform. At Consensus Distributed on May 12, Blockstream presented Lightnite, a Fortnite-like game that uses the Liquid Network for storing non-fungible tokens (NFT) representing game items. […]

cryptocurrency May 25, 2020

Ethereum’s price action has been incredibly week in the time following its parabolic movement to highs of $290 in February.It appears that there has been a divergence between the cryptocurrency’s technical outlook and fundamental strength, however, as a key data metric suggests that ETH has built immense underlying strength over the past couple of years.This […]

cryptocurrency May 25, 2020

Advertisements While Ethereum 2.0 is still not set in stone, three key metrics show us that users and investors are optimistic about the price of ETH. The Ethereum developer community is nearing the launch of Ethereum 2.0, a major multiyear milestone for the blockchain network. Ethereum 2.0 will mark the start of a shift from […]

cryptocurrency May 25, 2020

The cryptocurrency market underwent a decline which drove the collective market cap to $246 billion, at the time of writing. Following this, Bitcoin fell below $9,000-mark while its dominance also took a minor plunge to 65.6%. Advertisements Source: CoinStats At press time, BTC was being traded at $8,797 after a slump of 5.06% over the […]

cryptocurrency May 25, 2020

Advertisements The volume of Bitcoin (BTC) tweets is on the rise once again pointing to a strengthening of bullish expectations among traders. Tweeting on Monday, analyst Zack Voell highlighted the significant surge in Bitcoin Twitter mentions over the past few months. In the past, social media metrics such as tweet volume or comments on platforms […]

cryptocurrency May 25, 2020

Advertisements Bitcoin started the week on a much weaker note after the bulls failed to keep the BTC-USD pair afloat over the key support line at $9,100. As of writing, the benchmark cryptocurrency is down more than 5% since the intraday high of $9,300+ on Saturday and is trading at just over $8,850. As BeInCrypto […]

cryptocurrency May 25, 2020

Advertisements Ethereum prices are starting to weaken again as Bitcoin fails to break over an important resistance. On-chain metrics and fundamentals for the ETH network are still looking positive, however. On-chain market analysis provider Glassnode has delved into addresses on the Ethereum network, identifying a bullish trend. There are now 40 million ETH addresses holding a […]