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Month: December 2020

cryptocurrency December 15, 2020

Share this article Coinbase Pro has announced that it will be adding support for Aave, Synthetix, and Bancor. Trading is set to begin this Tuesday at 9 AM Pacific Time (PT). Advertisements Coinbase Adds 3 DeFi Tokens Users will soon be able to send AAVE, SNX, and BNT to their respective Coinbase Pro accounts. These […]

cryptocurrency December 15, 2020

Advertisements Quick take: The number of non-zero addresses on both the Ethereum and Bitcoin network is continually increasing Both have hit an all-time high of 50.651M for ETH and 32.925M for Bitcoin Such activity on both networks is a clear sign of investor interest as well as the adoption of each digital asset Price appreciation […]

cryptocurrency December 15, 2020

Ethereum remained in a positive zone above $580 against the US Dollar, similar to bitcoin. ETH price is likely to accelerate higher once it clears the $595 and $600 resistance levels. Advertisements Ethereum found support near the $575 level and started a fresh increase. The price is now trading above the $590 zone and the […]

cryptocurrency December 14, 2020

Ethereum started a steady increase and climbed above $580 against the US Dollar, similar to bitcoin. ETH price is consolidating gains and it could correct lower in the short-term. Advertisements Ethereum gained bullish momentum above the $565 and $575 levels. The price is now trading above the $580 pivot zone and the 100 hourly simple […]

cryptocurrency December 13, 2020

Advertisements Ethereum price is closing in on $600 and multiple metrics suggest the top altcoin is ready to notch a new 2020 high. Ether (ETH) price might have had a disappointing week after its price failed to hold the $600 level, but the fundamentals of the network and cryptocurrency remain solid. Traders are known for […]

cryptocurrency December 13, 2020

Advertisements Quick take: 10.7% of Ethereum 2.0 validator deposits are from Kraken Coinbase and Bitfinex hold 5.8x more Ethereum than Kraken 2 crypto exchange could control 1/3 of the validators, 5 exchanges could control 1/2 of the validators 1.436 Million ETH is locked in the deposit contract with more being sent daily 10.7% of the […]

cryptocurrency December 13, 2020

Advertisements Quick summary: Total Value Locked in DeFi recently breached $15B before dipping back to$14B levels The current total value locked stands at $14.66 Billion DeFi’s total value locked has a chance at breaching $20B before year’s end DeFi tokens are also posting impressive triple-digit gains and high trade volume The total value locked in […]

cryptocurrency December 13, 2020

Ethereum is recovering higher from the $535 support zone against the US Dollar. ETH price must surpass $580 to start a strong rally towards $600 and $620 in the near term. Advertisements ETH price found support near $535 and started a steady recovery against the US Dollar. The price is currently trading above $560 and […]

cryptocurrency December 12, 2020

Advertisements In summary: Grayscale Investments has accumulated 388,714 ETH in 30 days This is the equivalent of $215.7 Million using an Ethereum value of $555 Grayscale’s Ethereum trust now has $1.61 Billion in Ethereum holdings ETH2.0 staking might be one reason for the accumulation Staking might be a good way to utilize all that Ethereum […]

cryptocurrency December 12, 2020

Share this article By connecting with Ripple, Flare will introduce XRP to the DeFi ecosystem built on Ethereum. XRP token holders will be airdropped native Flare tokens, called Spark, to initiate activity. Advertisements Ripple’s Investment Finally Pays Off In a webinar organized by cryptocurrency platform Uphold, Ripple CTO David Schwartz said Flare Networks would finally […]

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