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Month: March 2021

cryptocurrency March 18, 2021

Ethereum, the second-largest blockchain network by valuation, has the potential to jump to replace Bitcoin to become the top digital asset, says Ryan Watkins of Messari. Advertisements The senior research analyst cited a flurry of catalysts that could lead to the so-called flippening event. Firstly, Ethereum’s full protocol upgrade to proof-of-stake from proof-of-work blockchain would […]

cryptocurrency March 17, 2021

Key Takeaways Anchor is a lending platform built on the Terra blockchain. The anticipated release saw the price rise from $0.05 to $3.6. Terra has been on the rise in 2021 and is widely popular in Korea. Share this article Anchor is a DeFi protocol on the Terra blockchain that allows users to borrow or […]

cryptocurrency March 17, 2021

Key Takeaways Solana and Serum recently hosted a hackathon for DeFi projects building on their ecosystem. Mango Markets and PsyOptions came in joint first place at the event. Sam Bankman-Fried and Anatoly Yakovenko praised the quality of projects that participated in the hackathon. Share this article The Solana and Serum ecosystem has several promising new […]

cryptocurrency March 17, 2021

Ethereum is facing a strong resistance near $1,800 against the US Dollar. ETH price must settle above $1,800 and the 100 hourly SMA to move into a bullish zone. Advertisements Ethereum traded towards the $1,710 support before correcting higher. The price is now facing a strong resistance near $1,800 and the 100 hourly simple moving […]

cryptocurrency March 16, 2021

Advertisements Ethereum miners and developers might be fighting over network upgrades but derivatives data shows investors are still wildly bullish. As Bitcoin price dropped below $55,000 on March 15, Ether (ETH) pulled back to confirm the $1,750 level as support. This signals optimism from professional traders despite the 12% drop that occurred after Ether price […]

cryptocurrency March 16, 2021

Advertisements Summary: The Ethereum network has seen a rise in daily active addresses Such an increment in network activity points towards Ethereum retesting $2k Ethereum balances on crypto exchanges continue to decrease Ethereum is probably being diverted to DeFi, NFTs, Cold Storage and ETH 2.0 Staking Only a weak Bitcoin will delay Ethereum from retesting […]

cryptocurrency March 16, 2021

Advertisements Ether miners coming out in force against the Ethereum Improvement Proposal that can slash the reward ratio by over 50%. The EIP-1559 is a network upgrade that seeks to send a small fraction of the fee associated with all ETH transactions directly to the network. The tokens will be subsequently burned, thereby reducing the […]

cryptocurrency March 16, 2021

Ethereum is started a major decline from well above $1,850 against the US Dollar. ETH price is trading near the key $1,700 support, below which it could decline heavily. Advertisements Ethereum declined further below the $1,800 and $1,750 support levels. The price is now trading well below $1,800 and the 100 hourly simple moving average. […]

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