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Year: 2020

cryptocurrency March 17, 2020

The cryptocurrency market has been treading bearish territory lately, especially after Bitcoin [BTC] recorded a significant fall in its value over the last week. However, the second-largest cryptocurrency in the market, Ethereum, an altcoin that shares a strong correlation with Bitcoin, has incurred more losses over the period. Advertisements Ethereum has shed all its gains […]

cryptocurrency March 17, 2020

Digital asset transfer platform Fireblocks announced today it has integrated with Compound, marking the first-ever institutional implementation of multi-party computation (MPC) on a DeFi protocol. Advertisements Institutional Players Enter DeFi Starting today, OTC desks, market makers, hedge funds, and exchanges can safely deploy assets onto Compound, an algorithmic, autonomous interest rate protocol offering 3% to […]

cryptocurrency March 17, 2020

Advertisements NEO-based decentralized exchange Switcheo partnered with Zilliqa blockchain to allow trading of assets from the Ethereum and EOS blockchains on the platform. NEO-based decentralized exchange (DEX) Switcheo partnered with the Zilliqa blockchain to allow trading of Ethereum- and EOS-based assets on the platform. According to an announcement on March 16, after the launch, Zilliqa […]

cryptocurrency March 17, 2020

Bitcoin is the king. With Bitcoin being the front runner and the most dominant cryptocurrency in the market, it has inevitably managed to influence other cryptocurrency assets with even its slightest price movements, particularly, the second-largest cryptocurrency by market cap – Ethereum. Advertisements Source: ETH/USD on TradingView Ethereum and Bitcoin have an interesting correlation pattern. […]

cryptocurrency March 16, 2020

What appeared to be a huge upward momentum for the second-largest cryptocurrency by market cap, Ethereum’s rally to the psychological level of $300 was halted by several market corrections and the subsequent crash on March 12th. The coin has been trading in troubled waters for some time now. It was valued at $124.2 at press […]

cryptocurrency March 15, 2020

Advertisements The world economy experienced a meltdown last week that saw almost all assets fall across the board. Let’s look at which ones were the most affected. Coronavirus fears have infected the entire global economy, whipping it into a hysteria unlike anything we’ve ever seen before. Depressed demand coupled with strict travel restrictions may induce […]

cryptocurrency March 15, 2020

For Ethereum, the world’s second-largest cryptocurrency, finance seems to be the most important use case. Decentralized finance (DeFi) powered by Ethereum’s smart contract blockchain can provide valuable benefits to those who currently do not have access to traditional forms of finance. However, with suspicion regarding the degree of decentralization that has been achieved so far, […]

cryptocurrency March 15, 2020

Advertisements A recent tweet is gaining buzz in the cryptocurrency community claiming that we are ‘in 1997’ when it comes to decentralized finance (DeFi). In other words, it’s still very early. If you’re a believer in the potential of decentralized finance (DeFi), then you probably view it as a long-term bet. The prevailing opinion on […]