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Month: December 2020

cryptocurrency December 9, 2020

Ethereum started a strong decline after it failed to surpass $600 against the US Dollar. ETH price declined over 6% and it is now trading near the $550 level. Advertisements Ethereum started a strong decline after it failed to clear the $600 and $602 resistance levels. The price broke the key $585 support and settled […]

cryptocurrency December 8, 2020

Advertisements Eth2’s rollout could result in enterprises flocking to a more secure and scalable Ethereum network. The highly anticipated security and scalability upgrade to the Ethereum network launched as planned on Dec. 1, marking a huge milestone for the Ethereum community. On the surface, the Eth2 Beacon Chain will help ensure an increase in scalability […]

cryptocurrency December 7, 2020

Advertisements He believes that rising adoption will drive Bitcoin higher next year, and that DeFi will have a similar effect on Ethereum. 2021 is shaping up to be a tremendous year not only for gold but for cryptocurrencies as well, according to Frank Holmes, CEO of U.S. Global Advisors.  In a Monday interview with Kitco […]

cryptocurrency December 6, 2020

Yearn.finance’s native token, YFI, is expected to outperform into 2021 due to fundamental and technical trends. Advertisements A leading crypto-asset analyst recently shared that YFI’s recent price action looks extremely similar to that of Ethereum prior to the cryptocurrency’s major bull run in 2017. This fractal comparison suggests that Yearn.finance’s native token will undergo an […]

cryptocurrency December 5, 2020

Advertisements First conceived by Vitalik Buterin in Ontario, Ethereum is now available to Canadians in the form of an ETF. Next week, Canadian digital asset investment manager 3iQ will be launching an IPO for the world’s first Ethereum ETF, The Ether Fund, on the Toronto Stock Exchange (TSX) under the ticker QETH.U. The maximum offering […]

cryptocurrency December 5, 2020

Key Takeaways The total number of DeFi users is currently at 1,001,461, according to data from Dune Analytics. The site analyzed usage of Ethereum-based DeFi protocols such as Uniswap, Compound, Aave, and MakerDao. The site registers the number of unique Ethereum addresses to estimate the number of users. Share this article There are now over […]

cryptocurrency December 5, 2020

While Bitcoin has been the center of attention for the past two weeks, Ethereum has started to garner traction again. CNN recently covered altcoins in an article published in its Business column, highlighting trends in non-BTC cryptocurrencies. Advertisements This cements the fact that altcoins are once again starting to enter the minds of investors following […]

cryptocurrency December 4, 2020

Key Takeaways Bounce Finance has integrated YFI as an auction pair and opened a yGift store. Users of the decentralized auction house will be able to buy and sell yGift NFTs with YFI. It’s the latest in a series of extensions from Andre Cronje and the yEarn team. Share this article Popular DeFi protocol, Bounce […]

cryptocurrency December 4, 2020

Advertisements The asset manager says Ethereum’s mass appeal is growing. Bitcoin (BTC) got many investors hooked on crypto, but it’s Ethereum’s Ether (ETH) that’s beginning to garner more attention, according to Grayscale.  In a phone interview with Bloomberg, managing director Michael Sonnenshein said 2020 has seen a significant rise in “Ethereum only” investors, underscoring the […]