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Day: July 2, 2020

cryptocurrency July 2, 2020

Tesla’s CEO does not own any Ethereum, but he isn’t against the platform. Tesla’s eccentric CEO and co-founder, Elon Musk directly referenced Ethereum (ETH), saying he is not for or against the network.  “I’m not building anything on ethereum. Not for or against it, just don’t use it or own any,” Musk revealed in a […]

cryptocurrency July 2, 2020

Does this week’s 300 million USDT migration from the Tron to Ethereum blockchain mean trouble is brewing for TRX? On Tuesday, Tether announced a sizable swap of USDT from the Tron blockchain to the Ethereum protocol. Tether explained that the amount of USDT in circulation would remain the same, meaning that USDT (TRC-20) will be […]

cryptocurrency July 2, 2020

In brief: Real-time data reveals that Ethereum is still the most active smart contract platform.  Tron (TRX) ranks second with EOS, Tezos (XTZ) and Cardano (ADA) coming in third, fourth and fifth respectively.  Ethereum’s dominance in this regard, will continue for the foreseeable future. Real-time data from the team at Messari reveals that Ethereum (ETH) […]

cryptocurrency July 2, 2020

The crypto dominance race is being commanded by the decentralized finance (DeFi) landscape, as its relative protocols and tokens have outperformed Bitcoin and its brethren so far this year. Ethereum is the foundation of this new financial landscape, and it has been pulling more and more BTC into the mix. DeFi markets have instantly rebounded […]

cryptocurrency July 2, 2020

Ethereum is holding strong above the $225 support level against the US Dollar. ETH is slowly rising and it is likely to continue higher towards $235 and $240. Ethereum is following a bullish path and it recently spiked above the $230 resistance level. The price could correct a few points, but the $228 and $225 […]

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