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Year: 2020

cryptocurrency June 25, 2020

Advertisements In brief: Bitcoin’s correlation with the S&P 500 is still very much intact as witnessed in yesterday’s dip. Ethereum is also highly correlated to BTC.  Therefore, logic dictates that Ethereum is also highly correlated to the S&P 500.  If ETH is a measure of the alt-market, then the entire alt-coin market is also correlated […]

cryptocurrency June 24, 2020

The Ethereum-based DeFi sector has been consuming the bandwidth of the crypto sphere in recent times, being at the forefront of most conversations due to its exploding popularity. Advertisements One new trend dubbed “yield farming” has also garnered significant attention from investors, as it has allowed users to see massive yields on their capital – […]

cryptocurrency June 24, 2020

Bitcoin’s market has been laying low over the past couple of weeks, with traders were getting antsy predicting the future of the market. However, in order to predict any price movement or the direction, the crypto-market will take, just looking at the chart wasn’t enough. This is evident in the case of the market’s top […]

cryptocurrency June 24, 2020

The cryptocurrency market has been stuck in a rut lately, with the prices of most crypto-assets in the market moving sideways. This has been the case with the world’s largest and the second-largest cryptocurrencies, Bitcoin and Ethereum, both cryptos that have been moving crab-like with no change in their price trends. Despite such restricted movement, […]

cryptocurrency June 24, 2020

The narrative around decentralized finance (“DeFi”) has strengthened this year. While Ethereum is up nearly 90% since the beginning of 2020, some DeFi tokens, including Aave (LEND), have skyrocketed over 1,000%. Advertisements Investors’ interest seems to be shifting towards this market sector. Yet in the long-term Ethereum will benefit the most, according to Skew. The […]

cryptocurrency June 23, 2020

Key Takeaways Ampleforth has introduced liquidity rewards through its new “Geyser” feature Users who stake their crypto will earn Ampleforth’s native “AMPL” tokens The feature is powered by Uniswap, a non-custodial decentralized finance platform The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Advertisements Share this article DeFi supply-coin Ampleforth […]

cryptocurrency June 23, 2020

Ethereum has been noting stagnated market growth since the Black Thursday crash back in March. Despite making a recovery and irrespective of Ethereum 2.0 approaching, the crypto’s price has been moving sideways. While the community speculates about many reasons for this, researcher Joel John recently highlighted the Fat protocol thesis for the world’s second-largest cryptocurrency […]

cryptocurrency June 23, 2020

Disclaimer: This article attempts to foresee Ethereum’s price action over the next three weeks, leading up to a potential breakout in the second week of July Advertisements Following the latest swing towards the upside, Ethereum‘s price climbed over $245 on the charts. However, as it surged higher to breach its crucial resistance, it fell short […]

cryptocurrency June 23, 2020

Key Takeaways Aave has skyrocketed nearly 1,100%, but a particular indicator suggests that it could be bound for a steep correction. Along the same lines, Ren appears to be forming a double top pattern, which is an extremely bearish sign. SwissBorg, however, is trading at new all-time highs with massive support underneath it. The DeFi […]