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Month: October 2021

cryptocurrency October 28, 2021

Ethereum is following a bearish path below $4,100 against the US Dollar. ETH could recover, but upsides might be capped near $4,050 and $4,110. Advertisements Ethereum extended its decline below the $4,100 and $4,000 support levels. The price is now trading below $4,100 and the 100 hourly simple moving average. There was a break below […]

cryptocurrency October 27, 2021

Ethereum started a fresh increase above $4,175 against the US Dollar. ETH could gain pace if there is a clear break above $4,300 in the near term. Advertisements Ethereum was able to climb above the $4,175 and $4,200 resistance levels. The price is now trading above $4,200 and the 100 hourly simple moving average. There […]

cryptocurrency October 26, 2021

Advertisements The Altair upgrade later this month will be the first update to the Beacon Chain, marking the first preparatory move for the upcoming Merge. The price of Ether (ETH) nearly hit a new all-time high on Oct. 21 before falling below $4,000 after the $435-million options expiry on Oct. 22 soured the mood. The […]

cryptocurrency October 25, 2021

Advertisements Total value locked across all decentralized finance projects topped $247 billion on Monday. Near and other smart contract platforms are looking to capitalize. Smart contract ecosystem Near Protocol has earmarked $800 million for new funding initiatives aimed at growing its decentralized finance capabilities, offering the latest evidence that the highly lucrative DeFi market is […]

cryptocurrency October 25, 2021

Launched on the Ethereum network, the LABEL platform has one of the most original governance and incentive mechanisms in the crypto space. Set out to revolutionize the Massive Open Online Course (MOOC) industry with a blockchain-based entertainment-education platform, it has gathered support from major partners. Advertisements Per an announcement by the LABEL Foundation, the project […]

cryptocurrency October 24, 2021

Advertisements RUNE looks ready to extend its gains after the reactivation of ETH-based pools resulted in a 78% rally last week. Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the […]

cryptocurrency October 23, 2021

Advertisements By incorporating scaling solutions, such as rollups and sidechains, Ethereum has the potential to implement the true vision of DeFi. The Ethereum network has come a long way over the last few years. Everything from the rise of decentralized finance (DeFi) to the recent London upgrade has made the network the most compelling attempt […]

cryptocurrency October 22, 2021

Ethereum NFTs have gained the most clout in the crypto space. These NFTs have recorded sales of up to 69.3% for a single piece of artwork. Investors are moving towards owning NFTs as a form of long-term investment in addition to their cryptocurrency holdings. Although other blockchains are coming up where NFTs can be minted, […]

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