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Month: July 2020

cryptocurrency July 24, 2020

Advertisements Today brings about yet another all-time high for DeFi markets, which seem unstoppable at the moment. Bitcoin has yet to truly benefit, but the future of decentralized finance is likely to include the cryptocurrency front-runner as well. The growth in the DeFi markets appears to be going parabolic. Today, total value locked has hit […]

cryptocurrency July 23, 2020

Advertisements Traders bought $720 December call options as Ethereum price rallied 17% this week, but what’s the likelihood of ETH rallying another 160%? Since the start of the week Ether (ETH) has gained more than 17% and the gains appear to be connected to increasing stablecoin use and the rise of DeFi applications.  As reported […]

cryptocurrency July 23, 2020

Advertisements Quick take: For 3 days, before ETH broke $250, whales moved 700,000 Ethereum.  The move could signal a pending top for ETH and whales are orchestrating an exit. Ethereum (ETH) opened the week at a value of $234 and was trading below $250 until yesterday when news broke that US banks can now offer […]

cryptocurrency July 23, 2020

The number of active Ethereum addresses rose by 100 percent in 2020, according to data fetched by Messari. The volume picked momentum on signs of growth within the decentralized finance sector (DeFi). Meanwhile, the ETH/USD exchange rate also grew higher, breaking above $250 for the first time since February 2020. Ethereum addresses that either send […]

cryptocurrency July 23, 2020

Advertisements The bridge integration will make the stablecoin available on the Syscoin blockchain for the first time. Major cryptocurrency exchange Binance plans to use a bridge between the Syscoin and Ethereum blockchains to move its Binance USD (BUSD) stablecoin between them. The bridge developed by Blockchain Foundry — the firm powering the Syscoin blockchain — […]

cryptocurrency July 23, 2020

Advertisements Quick take: The OCC has formally given the green light for US banks to offer crypto custody solutions for their customers. Bitcoin (BTC) and Ethereum (ETH) have rallied as a result. US Banks being allowed to offer crypto custody is bullish for they will provide faster fiat onramps. Bitcoin and Ethereum have reacted positively […]

cryptocurrency July 23, 2020

Advertisements It was only a matter of time before Ethereum finally woke up. Today, the world’s second-largest digital asset has made a significant move, but what is really driving the momentum for ETH? Over the past few hours, Ethereum prices have cranked to levels not seen for five months. It has yet to revisit the […]

cryptocurrency July 22, 2020

Ethereum gained bullish momentum above the $240 resistance against the US Dollar. ETH price is currently correcting gains, but it is likely to resume its upside above $245. Advertisements Ethereum settled above the $235 resistance and it climbed above the $242 resistance. The price traded as high as $247 and it is currently correcting lower. […]

cryptocurrency July 22, 2020

Advertisements As Ether transaction fees hit 100 gwei, the project’s co-founder warns that a failure to respond could undermine the security of the network. Ethereum (ETH) co-founder Vitalik Buterin has called for reform to the cryptocurrency’s fee system, warning that rising transaction fees could undermine the security of the network. The idea is based on […]

cryptocurrency July 22, 2020

Advertisements The final public testnet for ETH 2.0 aims to launch just two weeks from now. The long awaited Ethereum 2.0 network upgrade has taken one step closer to launch with a preliminary date announced for the final planned public testnet.  The platform’s launch coordinator, Danny Ryan (@djrtwo) shared the news on the testnet’s discussion […]

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