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Month: July 2021

cryptocurrency July 21, 2021

Ethereum started an upside correction from the $1,720 zone against the US Dollar. ETH price could correct further higher, but upsides might be capped near $1,850. Advertisements Ethereum formed a base above the $1,720 support zone before starting an upside correction. The price is still trading well below the $1,850 resistance and the 100 hourly […]

cryptocurrency July 20, 2021

Advertisements Running on a proof-of-authority consensus algorithm, Cronos is powered by Ethermint, a proof-of-stake chain interoperable with Ethereum and EVM-compatible chains. The Crypto.com chain testnet allowing projects built on Ethereum to transfer over to its ecosystem from chains compatible with Ethereum Virtual Machine is now live. In a Tuesday announcement, Crypto.com said it had launched […]

cryptocurrency July 20, 2021

Share this article Flurry Finance has closed a $3 million funding round. Advertisements Flurry Finance Outlines Plans for DeFi Protocol Flurry Finance, the team behind FLURRY, a DeFi protocol offering yield aggregation, recently closed its latest investment round worth $3 million. Investors include AU21 Capital, GenBlock Capital, Shima Capital, CoinUnited.io, One Block, Soul Capital, and […]

cryptocurrency July 20, 2021

Advertisements Solana CEO Anatoly Yakovenko said Neon Labs’ Ethereum Virtual Machine “represents a commitment to a multi-chain future.” Blockchain developer Neon Labs has created a compatibility bridge between Ethereum and Solana, opening the door to more cross-chain development opportunities for Ethereum programmers. Neon’s Ethereum Virtual Machine, or EVM, has deployed via testnet on Solana, the company […]

cryptocurrency July 20, 2021

Ethereum is gaining bearish momentum below $1,800 against the US Dollar. ETH price is likely to continue lower and it might even test the $1,500 level in the near term. Advertisements Ethereum started a fresh decline and it even traded below the $1,850 support zone. The price is still trading well below the $1,800 resistance […]

cryptocurrency July 20, 2021

Advertisements Ethereum, Uniswap, Binance Smart Chain, and Aave are all beating out Bitcoin by daily fee revenue. Ethereum appears to be extending its fee dominance over Bitcoin by roughly 10 times, with Bitcoin currently ranking just sixth by weekly fee generation. According to CryptoFees’ data for July 18, the Bitcoin network had generated $725.7 million […]

cryptocurrency July 19, 2021

Share this article Asset management giant Grayscale is doubling down on DeFi.  Advertisements Grayscale Unveils DeFi Fund  Grayscale Investments is launching a new diversified fund focusing on DeFi.  The firm’s CEO Michael Sonnenshein announced the update on CNBC’s Squawk Box Monday. He explained that the growing demand for DeFi assets had inspired Grayscale’s decision to […]

cryptocurrency July 19, 2021

Advertisements Slated to premiere in winter 2023, the film will approach Ethereum as an “infinite garden,” laying out its blockchain as a “decentralized ecosystem with soil, plants, and insects.” The cryptocurrency community is highly anticipating the release of a new documentary about the Ethereum blockchain, with the film’s funding campaign exceeding expectations. A crowdfunding round […]

cryptocurrency July 19, 2021

Advertisements Despite co-founding the world’s second-largest cryptocurrency, Anthony Di Iorio believes society is in little need of digital assets. Ethereum co-founder, Anthony Di Iorio, has announced his intention to exit the crypto industry, expressing concerns over his personal safety. According to a July 17 report from Bloomberg, Di Iorio is looking to sell his digital […]