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Year: 2021

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. […]

cryptocurrency March 15, 2021

Key Takeaways The round was led by CMS Holdings, Alameda Research, and eGirl Capital. Alchemix has stormed the DeFi space by offering loans that reimburse themselves. Alchemix builds on Yearn Finance vaults and uses their yield to reimburse the loans. Share this article Newcomer to the scene, Alchemix has already raised $4.9 million from some […]