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Month: November 2020

cryptocurrency November 3, 2020

Ethereum’s decentralized finance (DeFi) space has received a lot of attention in recent months. This sector of the crypto space has seen a rapid uptick in capital involved as the yields and incentives to use these DeFi applications have increased at a dramatic clip. Data shows that the number of DeFi users has literally gone […]

cryptocurrency November 2, 2020

The Ethereum (ETH) price has struggled to retrace significantly since it dropped sharply at the beginning of September. Advertisements The price is currently trading inside a significant support area, the loss of which would go a long way in confirming a bearish trend. Ethereum Struggles to Maintain Support The ETH price reached a high of […]

cryptocurrency November 2, 2020

Advertisements Ethereum-based traders turn their noses up at Huobi’s latest wrapped assets, including BSV and LTC Following the success of HBTC — the wrapped Bitcoin tradable on Ethereum currently securing nearly $70 million in BTC — Huobi Global has released the latest in its “H-token” series: Litecoin and Bitcoin SV.  However, traders and developers thus […]

cryptocurrency November 1, 2020

Advertisements Summary: The number of Ethereum addresses holding 32 or more ETH has reached a new all-time high of 125,540 Ethereum’s current value provides an opportunity to accumulate ETH in anticipation of staking on ETH2.0 Ethereum staking pools are expected for those who cannot accumulate 32 ETH The number of Ethereum addresses holding 32 ETH […]

cryptocurrency November 1, 2020

Advertisements Summary: Retail users make up a vast majority of DeFi users but professionals move the market Fund sent to DeFi platforms from retail users are usually below $10,000 Most of the value sent to DeFi platforms comes from transfers above $10k and from professional users 47% of the total value sent to DeFi platforms […]