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Year: 2020

cryptocurrency June 16, 2020

Bitcoin’s price performance marked a strong April for the king coin, with Ethereum following up in May with strong positive returns of its own. However, the month of June has been quite lackluster, especially for Bitcoin. Over the month, Bitcoin has shaved 7.5 percent of its valuation, while Ethereum has registered losses of close to […]

cryptocurrency June 16, 2020

Advertisements Ethereum price is set for a major breakout and hitting as high as $330 next shouldn’t be ruled out. Recently, several altcoins have been showing strength. A few good examples are Theta Token (THETA), Zilliqa (ZIL), and Elrond (ERD). However, the large caps are lagging heavily and the only large-cap performing well has been […]

cryptocurrency June 16, 2020

Advertisements In brief: The owner of the Ethereum address that paid approximately $5 Million in ETH fees has finally been identified.  According to the team at PeckShied, it belongs to a small P2P exchange in Korea called Good Cycle.  The Good Cycle crypto exchange appears to be a Ponzi Scheme. The mystery owner of the […]

cryptocurrency June 16, 2020

Disclaimer: This article attempts to analyze Ethereum’s price movement leading up to a potential breakout in the first week of July.  Advertisements Ethereum has been one of the best performing cryptocurrencies this year. After facing a couple of bearish days, Ethereum has once again started consolidating above the $230-mark. After surging by 3.19% over the […]

cryptocurrency June 16, 2020

Advertisements Quick take: Three Ethereum transactions with high ETH fees were mined last week.  StarkPool and Ethermine mined two of the transactions and had requested the sender to contact them for possible discussions.  Almost a week later, the sender has not reached out and both mining pools have opted to distribute the fees to miners.  […]

cryptocurrency June 16, 2020

Advertisements Decentralized finance markets have largely weathered the economic storm this year and continue to mature despite the crypto market remaining relatively flat. This new financial landscape could have a much greater impact on Ethereum than the ICO boom. Ethereum provides the foundation for DeFi since it is currently the global standard for smart contracts […]

cryptocurrency June 15, 2020

Ethereum has declined over the past 24 hours alongside Bitcoin and the aggregated cryptocurrency market. Despite flashing some signs of strength in recent times, this has not been enough to break its tight correlation with BTC. Advertisements Analysts do believe that the cryptocurrency is now positioning itself to post a massive upwards breakout in the […]

cryptocurrency June 15, 2020

Key Takeaways Ampleforth (AMPL) is a cryptocurrency protocol with an elastic supply that can expand and contract based on market demand The protocol’s unique token dynamics make it a promising form of collateral for DeFi AMPL is not entirely a stablecoin because it doesn’t eliminate volatility—its protocol aims to reduce volatility Ampleforth describes itself as […]

cryptocurrency June 15, 2020

Disclaimer: This article attempts to determine the price action of Ethereum on the 15th of June. Advertisements Ethereum dropped by 5.26% over the last 24-hours owing to another downside market correction. Despite multiple attempts to break above the $250-mark, the largest altcoin has so far failed to break that barrier. The two consequent pullbacks have […]

cryptocurrency June 15, 2020

Over the past couple of months, Ethereum has witnessed strong network fundamentals indicating a positive sentiment as it neared its biggest transition. In another milestone for the coin, Ethereum gas usage was currently at an all-time high. This was noted by the crypto-analytic firm, Glassnode, which further revealed that there was an increase of 58% […]