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Month: June 2020

cryptocurrency June 24, 2020

The cryptocurrency market has been stuck in a rut lately, with the prices of most crypto-assets in the market moving sideways. This has been the case with the world’s largest and the second-largest cryptocurrencies, Bitcoin and Ethereum, both cryptos that have been moving crab-like with no change in their price trends. Despite such restricted movement, […]

cryptocurrency June 24, 2020

The narrative around decentralized finance (“DeFi”) has strengthened this year. While Ethereum is up nearly 90% since the beginning of 2020, some DeFi tokens, including Aave (LEND), have skyrocketed over 1,000%. Advertisements Investors’ interest seems to be shifting towards this market sector. Yet in the long-term Ethereum will benefit the most, according to Skew. The […]

cryptocurrency June 23, 2020

Key Takeaways Ampleforth has introduced liquidity rewards through its new “Geyser” feature Users who stake their crypto will earn Ampleforth’s native “AMPL” tokens The feature is powered by Uniswap, a non-custodial decentralized finance platform The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Advertisements Share this article DeFi supply-coin Ampleforth […]

cryptocurrency June 23, 2020

Ethereum has been noting stagnated market growth since the Black Thursday crash back in March. Despite making a recovery and irrespective of Ethereum 2.0 approaching, the crypto’s price has been moving sideways. While the community speculates about many reasons for this, researcher Joel John recently highlighted the Fat protocol thesis for the world’s second-largest cryptocurrency […]

cryptocurrency June 23, 2020

Disclaimer: This article attempts to foresee Ethereum’s price action over the next three weeks, leading up to a potential breakout in the second week of July Advertisements Following the latest swing towards the upside, Ethereum‘s price climbed over $245 on the charts. However, as it surged higher to breach its crucial resistance, it fell short […]

cryptocurrency June 23, 2020

Key Takeaways Aave has skyrocketed nearly 1,100%, but a particular indicator suggests that it could be bound for a steep correction. Along the same lines, Ren appears to be forming a double top pattern, which is an extremely bearish sign. SwissBorg, however, is trading at new all-time highs with massive support underneath it. The DeFi […]

cryptocurrency June 23, 2020

Ethereum’s DeFi space has been extremely lively over the past few days. The present set of events was triggered after it was reported that Compound had overtaken MakerDAO as the most staked asset on DeFi. At press time, the Total Value Locked (TVL) in DeFi for Compound was around $572 million, whereas MakerDAO remained second […]

cryptocurrency June 23, 2020

Advertisements Ethereum’s Ether (ETH) is taking advantage of Bitcoin rallying early this week and looks to break a key resistance level on the road to $300. Bitcoin (BTC) has been showing strength in recent days as the price rallied from $9,300 to as high as $9,800. However, more strength is seen from Ethereum’s Ether (ETH) […]

cryptocurrency June 23, 2020

Advertisements Decentralized finance is the hottest thing in the crypto industry at the moment. It is largely powered by Ethereum, which has remained relatively flat in comparison. Analysts are now beginning to ask when ETH prices will start to benefit from this DeFi momentum. Decentralized finance markets are hovering around their all-time high in terms […]