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Month: January 2022

cryptocurrency January 4, 2022

Advertisements A mix of technical, macroeconomic and on-chain indicators point toward a price rally in the Ethereum market this quarter. Ethereum’s native token Ether (ETH) has plunged by more than 20% after establishing its record high at around $4,867 on Nov. 10, 2021. Nonetheless, the sharp price pullback does not mean ETH can’t pursue a […]

cryptocurrency January 4, 2022

Ethereum failed to clear the $3,850 resistance and resumed decline against the US Dollar. ETH price is holding the $3,680 support, but there is a risk of more downsides. Advertisements Ethereum started another decline from the $3,850 resistance zone. The price is trading below $3,750 and the 100 hourly simple moving average. There was a […]

cryptocurrency January 4, 2022

Advertisements The chief product officer of Coinbase foresees that there will be more advances in layer-one to layer-two bridges and rollup technologies. Coinbase chief product officer Surojit Chatterjee is the latest to publish his predictions for the crypto industry in 2022, and he foresees major advances in the scaling of Ethereum. Industry leaders, analysts and […]

cryptocurrency January 3, 2022

Key Takeaways The stablecoin yield optimizer Convex Finance has become the second-biggest protocol by total value locked. Convex has roughly $21.3 billion locked value, trailing only Curve Finance. The protocol has taken a central role in a battle for DeFI liquidity that’s been dubbed the “Curve wars.” Share this article URL Copied Advertisements Convex Finance […]

cryptocurrency January 3, 2022

With Bitcoin wavering between $47,000-$48,000, the market has not yet been able to propel a strong recovery. Ethereum seemed to recover from an oversold position but struggled to gather enough volumes. Besides, Dogecoin consolidated in a range that offered the highest liquidity while flashing mixed signs. Advertisements Solana, on the other hand, headed to test the […]

cryptocurrency January 2, 2022

As Ethereum struggled to cross the $3,766 resistance, most alts found it difficult to sustain an uninterrupted rally. The overall sentiment still remained in the ‘fear’ zone. Advertisements While gathering hefty volumes was a substantial hurdle, SAND and NEAR exhibited an increasing bearish influence.  Ethereum (ETH) Advertisements Source: TradingView, ETH/USD Following a massive sell-off, ETH […]

cryptocurrency January 2, 2022

Advertisements Buterin still believes that “the internet of money should not cost more than 5 cents per transaction” and highlighted Ethereum’s continued efforts to improve the blockchain’s scalability capabilities. Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than […]

cryptocurrency January 1, 2022

Ethereum has fallen beneath the $4000 mark and tested the $3800 level as resistance in the past few days. The $3620 mark has been tested twice already. Bitcoin Dominance bounced from 39.94% to 40.22% in the hours prior to press time. Buyers were not in a position of strength at these levels for Ethereum. Well, […]