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Year: 2020

cryptocurrency November 5, 2020

After a strong drop earlier this week, Ethereum finally gained some strength on Wednesday. The price of the leading cryptocurrency surged 8% higher in the past 24 hours from $375 to a high around $409. Ethereum currently trades for $404 after a slight pullback from the daily highs. Advertisements Analysts are optimistic about Ethereum’s prospects […]

cryptocurrency November 4, 2020

Advertisements Is the DeFi bubble over? Bitcoin network activity spike may indicate that attention is shifting towards crypto’s largest asset. The DeFi bubble seems to be slowing down in the last months of 202, with fees and confirmation times retreating back to less formidable levels. “ETH fees are way down suggesting the DeFi madness has […]

cryptocurrency November 4, 2020

Advertisements Summary: ETH2.0 Phase 0 will be launched on the 1st of December v1.0 of ETH2.0’s specifications are available online The mainnet deposit contract address is live A minimum of 16,384 32 ETH validator deposits are required 7 days prior to December 7 to trigger the genesis event of ETH2.0 The team behind the development […]

cryptocurrency November 4, 2020

Advertisements The first day of December is likely to be the launch date. Ethereum 2.0 Phase 0 has now been formalized for launch at some time around Dec. 1. The deposit contract is live and can collect the necessary funds to trigger staking. An update by the Ethereum Foundation released on Wednesday explains how the […]

cryptocurrency November 4, 2020

Advertisements Summary: An Ethereum ETH2.0 deposit contract has been launched on GitHub There has been no official announcement from Ethereum developers The launch has been overshadowed by the US Election saga If the deposit contract turns out to be legitimate, the highly anticipated ETH2.0 is now a go A few hours ago, what seems like […]

cryptocurrency November 4, 2020

The launch of Ethereum 2.0 (ETH2 or Serenity) has long been expected. It was first slated to arrive earlier this year, but multiple delays have pushed back the launch date to ensure that security is maximized. Advertisements There was recently a scare that it was delayed once again. Ethereum Foundation researcher Danny Ryan said that […]

cryptocurrency November 3, 2020

Advertisements Summary: Crypto exchanges experienced an inflow of 8,170 ETH before yesterday’s dip to $370 This translates to around $3.1 Million using an Ethereum rate of $380 Of this amount 4,000 ETH was deposited to Binance before the brief meltdown Selling of Ethereum could indicate buying exhaustion and a correction in the pipeline for ETH […]

cryptocurrency November 3, 2020

Ethereum’s decentralized finance (DeFi) space has received a lot of attention in recent months. This sector of the crypto space has seen a rapid uptick in capital involved as the yields and incentives to use these DeFi applications have increased at a dramatic clip. Data shows that the number of DeFi users has literally gone […]

cryptocurrency November 2, 2020

The Ethereum (ETH) price has struggled to retrace significantly since it dropped sharply at the beginning of September. Advertisements The price is currently trading inside a significant support area, the loss of which would go a long way in confirming a bearish trend. Ethereum Struggles to Maintain Support The ETH price reached a high of […]

cryptocurrency November 2, 2020

Advertisements Ethereum-based traders turn their noses up at Huobi’s latest wrapped assets, including BSV and LTC Following the success of HBTC — the wrapped Bitcoin tradable on Ethereum currently securing nearly $70 million in BTC — Huobi Global has released the latest in its “H-token” series: Litecoin and Bitcoin SV.  However, traders and developers thus […]