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Day: June 21, 2020

cryptocurrency June 21, 2020

Advertisements Quick summary: $228 is once again the level to watch ahead of Ethereum’s weekly close. This area has provided adequate support for ETH since the beginning of June.  With a new week ahead, and like Bitcoin, there is a 50:50 chance it could go either way for Ethereum in the crypto markets.  Another weekly […]

cryptocurrency June 21, 2020

The DeFi space has fairly recovered following the cryptocurrency market meltdown three months back and has gained major momentum as it recently surpassed the crucial $1 billion total value locked. In the latest development for the DeFi ecosystem, the total value [USD] locked climbed to a fresh all-time high as it stood at $1.48 billion […]

cryptocurrency June 21, 2020

As Bitcoin continues to trudge between the $9,500 and $10,000 range, altcoins prospects may be bolstered. The king coin’s stability off-late may have irked investors but for the top-ranking coins in the market, this stability means more time at the coattails of Bitcoin. Advertisements This sideways BTC movement, persisting for the better part of a […]

cryptocurrency June 21, 2020

The past week wasn’t particularly positive for most altcoins in the market. Bitcoin exhibited increased volatility with its price dipping under the $9500 mark. Currently, Bitcoin is being traded at $9379 and has registered a 24-hour trading volume of $8.1 billion. Advertisements Source: CoinStats This bearish momentum, as always, did influence the way prominent altcoins […]

cryptocurrency June 21, 2020

Key Takeaways The price of COMP has increased over 10x since launch, augmenting yields for participants in the protocol Compound gives borrower an edge over MakerDAO, but fundamentals were not the reason for this rally If the price of COMP decreases, the incentives for using Compound will also diminish Whether liquidity mining is a sustainable […]

cryptocurrency June 21, 2020

Advertisements While being a vital part of the transition to more scalable and secure blockchain, the Ethereum 2.0 upgrade can incur some risks for stakers, holders and traders. Alongside the ultimate scalability and security for the Ethereum network, the upcoming Ethereum 2.0 upgrade to a proof-of-stake model promises to bring additional, new benefits to its […]

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