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Day: December 3, 2020

cryptocurrency December 3, 2020

Advertisements Quick take: The amount of Ethereum locked in DeFi has dropped by 2.23 Million ETH since mid-November The current amount of ETH locked in DeFi is 6.7M compared to 8.929M in mid-November The drop coincided with ETH staking on ETH2.0 Staking on ETH2.0 might be a safer alternative to DeFi where rug pulls and […]

cryptocurrency December 3, 2020

Advertisements This is a first for the traditionally Bitcoin-centric exchange. The Kraken cryptocurrency exchange announced that it would match $150,000 in donations to support open-source Ethereum projects on Gitcoin. Gitcoin is a developer-funding platform relying on a hybrid model of sponsored donations and direct community support. Through its quadratic funding model, community donations are used […]

cryptocurrency December 3, 2020

Advertisements Popular crypto data provider Messari has predicted that roll-ups will beat out layer-one alternatives as the dominant scaling solution amid Eth2’s multi-year incubation. Crypto data aggregator Messari believes that roll-ups will beat out layer-one solutions in the race to scale Ethereum. Although Eth2’s beacon chain genesis successfully took place on Dec. 1, analysts predict […]

cryptocurrency December 3, 2020

Ethereum found support above $580 and corrected higher against the US Dollar. ETH price is facing a strong resistance near the $600 and $602 levels. Advertisements Ethereum started a decent recovery wave above the $585 and $590 levels. The price is approaching the $600 barrier and it is above the 100 hourly simple moving average. […]

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