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Month: July 2020

cryptocurrency July 28, 2020

Share this article Although many of the significant DeFi protocols are built on Ethereum, there’s still a nascent cross-chain ecosystem being built across Cosmos and other blockchains. With FTX’s recent announcement, investors are starting to get excited about cross-chain DeFi. Advertisements DeFi Off Ethereum From MakerDAO and Compound to Synthetix and Uniswap, all of the […]

cryptocurrency July 28, 2020

Ethereum started a downside correction from the $335 swing high against the US Dollar. ETH price is currently approaching a major support zone near $305 and the 100 hourly SMA. Advertisements Ethereum is losing bullish momentum and it is now trading below $320. The price is likely to find a strong buying interest near $305 […]

cryptocurrency July 28, 2020

Advertisements Developers released the validator launchpad for ETH 2.0 on July 27, allowing users to participate in the testnet’s Proof-of-Stake. With the Ethereum 2.0 final testnet set to be released on August 4, developers have now opened the doors to validators. According to a July 27 Ethereum blog, the research team behind ETH 2.0 has […]

cryptocurrency July 27, 2020

Ethereum has just announced the validator launchpad for the Medalla multi-client testnet. The release comes after Ethereum posed a weekly appreciation of 34%. Advertisements The launchpad is the first tangible milestone for the general public in a while. After years of delays, the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) seems to be gaining momentum. […]

cryptocurrency July 27, 2020

Ethereum futures and options volume has been picking up in the month of July, particularly over the past week. The spike suggests that the market is gaining confidence, just as Bitcoin crossed the $10,000 mark for the first time since June. Advertisements Market data platform Skew has shown that ETH volume has exceeded a three-month […]

cryptocurrency July 27, 2020

Key Takeaways A month after being trounced by Compound, MakerDAO is once again DeFi’s most valued protocol. The rise in value comes primarily from ETH’s appreciation rather than a new influx of fresh funds. The rush to capitalize on ETH’s rally is causing the DAI debt ceiling to fill up quickly. Maker needs to put […]

cryptocurrency July 27, 2020

Ethereum is up over 8% and it broke the $325 resistance zone against the US Dollar. ETH price tested the $330 level and it is likely to continue higher towards $350. Advertisements Ethereum is surging and it is now trading well above the $300 handle. The price traded to a new monthly high at $300 […]

cryptocurrency July 26, 2020

Advertisements In brief: Ethereum has ploughed through the $290 resistance level.  $320 is the next big hurdle for Ethereum. With a bullish Bitcoin and crypto environment, Ethereum can recapture lost ground and reach levels last seen in the 2017/2018 crypto market season.  Ethereum (ETH) has exceeded the expectations of crypto traders and investors by zooming […]

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