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Year: 2020

cryptocurrency January 17, 2020

Ethereum found support near the $158 level and started a fresh increase, similar to bitcoin. ETH is gaining momentum and it could soon break the $170 resistance.Ether price started a fresh increase after it found support near $158 against the US Dollar.Bitcoin price is also rising and trading nicely above the $8,650 level.Yesterday’s highlighted key […]

cryptocurrency January 16, 2020

Malta-based cryptocurrency exchange Binance launched a function that allows users to instantly convert other stablecoins into BUSD, on January 16, 2020.  Advertisements The announcement stated, “The ratio to convert PAX, USDC, and TUSD into BUSD will be set at 1:1 with zero fees. The ratio to convert USDT into BUSD will vary based on the […]

cryptocurrency January 16, 2020

CoinGecko recently published its yearly report for 2019, which talked about the developments in the DeFi space and its potential for growth in 2020. The report suggested that DeFi will continue to push through 2020, with over $1 billion locked into its apps on the Ethereum blockchain. Advertisements According to CoinGecko, products like interest rate […]

cryptocurrency January 16, 2020

DeFi protocols are proving their value after providing profit-making opportunities during diverse market conditions. Advertisements Building Financial Utility  In the first half of 2019, as the cryptocurrency market started to rise from multi-year lows, DeFi got its first taste of a bull market as loans on Maker hit an all-time high of $505 million.  Source: […]

cryptocurrency January 16, 2020

Ethereum rallied towards $170 and bitcoin jumped towards $9,000 before starting a downside correction. However, dips in ETH price remains supported near $158 and $155.Ether price started a downside correction the new 2020 high at $172 against the US Dollar.The price is currently trading below $165 and it could extend its decline.There is a major […]

cryptocurrency January 15, 2020

It has been a good start to the year for Ethereum. Advertisements After registering minor hikes on 3rd and 6th January, the world’s 2nd largest crypto-asset recorded a significant pump on the 14th, recording a hike of 18.88 percent. The valuation pushed the price of Ethereum from $143 to $170 as major resistances at $150 […]

cryptocurrency January 15, 2020

Ethereum is up more than 15% and it broke the key $150 and $160 hurdles versus the US Dollar, while bitcoin jumped above $8,800. However, the current price action suggests ETH could correct towards $160 before it continues higher.Ether price rallied significantly after it broke the $148 resistance area against the US Dollar.The price even […]

cryptocurrency January 14, 2020

South Korea-based cryptocurrency exchange, Upbit, recently announced the re-opening of deposits and withdrawals for Ethereum on the platform. These services had been closed for a long time following a hack that stole ~$50 million in crypto-funds from the exchange. Advertisements “A new wallet system has been adopted for deposit and withdrawal of cryptocurrencies,” Upbit said, […]