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Day: January 11, 2021

cryptocurrency January 11, 2021

The foundation was laid for Ethereum 2.0 in 2020, and expectations are positive for the future of the smart contract platform in 2021. Ethereum has consistently followed a roadmap for its continual evolution to a proof-of-stake consensus protocol, and 2020 saw the groundwork for Ethereum 2.0 soundly laid. The smart contract blockchain has firmly established […]

cryptocurrency January 11, 2021

Hermez, an Ethereum scaling solution, has partnered with Tether to offer cheaper USDT transactions via zk-Rollups. Popular stablecoin Tether (USDT) is the first token to go live on the Hermez layer-two network, the company announced on Monday. As part of the collaboration, batched USDT transactions will be possible once the Hermez network officially launches in […]

cryptocurrency January 11, 2021

Ethereum started a sharp downside correction below $1,200 against the US Dollar. ETH price is down 20%, but is approaching a crucial support at $1,000 and the 100 hourly simple moving average. Ethereum failed to stay above the $1,200 support and declined heavily below $1,150. The price is down 20%, and it is approaching the […]

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