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Day: July 11, 2020

Ethereum Could Lose its $200 Support Zone With a Delay of ETH 2.0

cryptocurrency July 11, 2020

Advertisements In brief: Ethereum investors could be in for another tumultuous ride as ETH2.0 faces possible delays. One estimate pushes the launch to January 2021. The Ethreum Community wants ETH2.0 launched in 2020. ETH/USDT risks losing the crucial $200 support zone due to FUD related to the delay.  From the beginning of the year, Ethereum […]

Bitcoin’s Low Social Dominance & a Bullish ETH/BTC Pair = Alt Season

cryptocurrency July 11, 2020

Advertisements Quick take: Bitcoin has been in a state of continuous sideways movement since early June.  Social media dominance of BTC has been dropping and could point to an alt season.  A bullish ETH/BTC chart hints of altcoins gaining in the crypto markets.  Additionally, the Shit-coin Perpetual contract on FTX recently hit a new All-Time […]

Here’s Why DeFi Tokens Are Leaving the Price of ETH in the Dust

cryptocurrency July 11, 2020

Key Takeaways Ethereum network data shows adoptions in troves, but this hasn’t reflected on ETH price. DeFi protocols used ETH as the primary form of collateral until stablecoins took over. With Synthetix’s model of using its own token as collateral and Maker’s mission to expand its balance sheet, ETH’s role in DeFi further diminished. EIP-1559 […]

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