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Month: May 2021

cryptocurrency May 21, 2021

Advertisements Ethereum could reclaim $3.2k to $3.5k in the short term This price target is reliant on Ethereum breaking the $3k ceiling Ethereum’s 50-day moving average is also acting as a resistance at the $3k price area The London Upgrade in July could assist Ethereum in rallying back to $4k Ethereum (ETH) could reclaim the […]

cryptocurrency May 21, 2021

Ethereum recovered nicely above the $2,750 resistance zone against the US Dollar. However, ETH price must clear $3,000 for a steady increase in the coming sessions. Advertisements Ethereum is up over 15% and it cleared the $2,750 resistance zone. The price is still well below the $3,000 level and the 100 hourly simple moving average. […]

cryptocurrency May 20, 2021

Ethereum declined heavily and it even tested the $2,000 support zone against the US Dollar. ETH price is attempting a recovery and it must clear $2,800 for a steady rise. Advertisements Ethereum is down over 40% in a week and it even tested the $2,000 support zone. The price is now well below the $3,000 […]

cryptocurrency May 19, 2021

After a display of strength in the past weeks, Ethereum dropped below $2,000 for a brief moment. The cryptocurrency seems to be recovered, but the crypto market could still face some resistance to return to its pre-crash levels. Advertisements A report by Wu Blockchain claims that ETH’s price barely escaped from a bigger fall. Data […]

cryptocurrency May 19, 2021

Key Takeaways Maple Finance is creating an institutional loan marketplace for crypto-native companies. The first nine candidates will receive up to $2 million each. Capital efficiency is a complex problem for DeFi as undercollateralized loans are not possible without some form of KYC. Share this article Maple Finance is building a decentralized marketplace for institutional […]

cryptocurrency May 19, 2021

Advertisements 657,770 Ethereum worth $1.973 Billion has left crypto exchanges in the last week 11,933 Bitcoin has been sent to exchanges in the same time period ETH investors continue to play the long game with Ethereum The Ethereum 2.0 deposit contract now has 4.697 ETH worth $14 Billion locked Ethereum is currently battling to maintain […]

cryptocurrency May 19, 2021

Advertisements Ark’s Q1 SEC report revealed holdings of 639,069 shares in Grayscale’s Ethereum Trust, worth more than $20 million. Cathie Wood’s Ark Investment has reported holdings of 639,069 shares in Grayscale’s Ethereum Trust for Q1 — currently worth around $20.9 million at today’s prices. ARK Investment has bought 639,069 shares of the Grayscale Ethereum Trust. […]

cryptocurrency May 18, 2021

Advertisements The investment round was led by ParaFi Capital alongside Defiance Capital, Lightspeed Venture Partners, Blockchain Ventures, Fenbushi Capital, OKEx, StarkWare and Longhsh Ventures. Angel investors from Synthetix, Aave and Enzyme also participated. DeversiFi, an Ethereum-based layer-two decentralized finance platform, has secured $5 million in strategic investments from some of crypto’s biggest venture capital firms, sending […]