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Month: February 2021

cryptocurrency February 10, 2021

Cardano’s native asset ADA was among the best performers on Wednesday as bulls pushed its price up by more than 18 percent. Advertisements The fourth-largest cryptocurrency hit $0.87, its highest levels in more than three years, as traders increased their bids for top Ethereum rival assets. They include Polkadot’s DOT (+5%), Avalanche’s AVAX (+60%), Chainlink’s […]

cryptocurrency February 9, 2021

Advertisements The Layer-two protocol plans to become an aggregator and interoperability facilitator for Ethereum scalability solutions. The Matic Network, a project developing an Ethereum-based layer-two solution and an independent proof-of-stake blockchain, announced Tuesday that it would rebrand to Polygon. While the existing products and the token would remain largely the same, the new branding signals […]

cryptocurrency February 9, 2021

Advertisements In brief: Ethereum has returned to bullish territory after the CME ETH Futures went live yesterday Ethereum’s bullishness is partly due to Tesla buying Bitcoin and the general crypto market excitement surrounding the event Technical analysis also points to another push up by Ethereum towards $2k Ethereum (ETH) CME futures contracts went live yesterday, […]

cryptocurrency February 9, 2021

Ethereum gained momentum above $1,650 after bitcoin’s surge against the US Dollar. ETH price is still struggling near $1,760, but it is likely to break higher. Advertisements Ethereum rallied above $1,650 and it traded to a new all-time high near $1,777. The price is now trading well above $1,650 and the 100 hourly simple moving […]

cryptocurrency February 8, 2021

Ethereum started a downside correction and traded below $1,600 against the US Dollar. ETH price found support near $1,487 and it is currently recovering losses. Advertisements Ethereum started a downside correction below the $1,650 and $1,600 levels. The price is now trading below $1,650 and the 100 hourly simple moving average. There is a key […]

cryptocurrency February 7, 2021

Advertisements In brief: Ethereum has entered what looks like a brief correction ETH’s previous all-time high of $1,480 will be an area of interest should the dip continue Ethereum traders are of the opinion that ETH will drop just like Bitcoin did when the CME BTC Futures went live on December 18th, 2017 However, institutions […]

cryptocurrency February 7, 2021

The IOHK CEO Charles Hoskinson gave his perspective on why Cardano will outshine Ethereum 2.0. In an interview with Ben Armstrong, AKA Bitboy Crypto, Hoskinson spoke about Cardano having a simpler and more robust design than Ethereum. Advertisements What’s more, he doubts whether this added complexity will result in higher throughput, better scalability, and more […]