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Day: April 6, 2022

cryptocurrency April 6, 2022

Advertisements ETH sold-off alongside the rest of the crypto market, leading analysts to warn of a drop to $2,900 if the current support at $3,200 fails. The cryptocurrency market is nearly completely red on April 6 after hawkish comments from multiple members of the Federal Reserve highlighted their opinion that aggressively raising interest rates and cutting […]

cryptocurrency April 6, 2022

Key Takeaways A new standard for yield-bearing DeFi tokens has been finalized. ERC-4626 aims to make yield-bearing tokens more secure and easier to integrate into other DeFi protocols. Several protocols, including Yearn Finance, Alchemix, and Balancer, are planning to implement the finalized ERC-4626 standard.  Share this article URL Copied Advertisements A new Ethereum token standard […]

cryptocurrency April 6, 2022

Advertisements From a Google trends spike to depleting supply, multiple catalysts have been hinting at more upside for Ethereum. Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike  Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially […]

cryptocurrency April 6, 2022

Ethereum started a sharp decline from the $3,530 zone against the US Dollar. ETH price dived to $3,260 and is currently correcting higher. Advertisements Ethereum started a major decline from the $3,530 resistance zone. The price is now trading below $3,400 and the 100 hourly simple moving average. There is a major bearish trend line […]

cryptocurrency April 6, 2022

Asset correlations can put a lot of investors on edge, and sometimes, rightly so. For several months, analysts were probing and critiquing Bitcoin for its correlation to more traditional non-crypto stocks, worrying this might affect its status as an inflation hedge. That being said, new data from Santiment suggests that the crypto asset to watch […]

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