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cryptocurrency

cryptocurrency January 25, 2022

The sell-offs over the past few weeks were aggravated after the crypto-market suffered massive price correction. At the time of writing, the global crypto-market capitalisation stood at just $1.62T. However, digital asset investment products experienced inflows last week for the first time this year (2022). A small, yet significant development. Advertisements A ‘buy-the-dip’ underway? According […]

cryptocurrency January 25, 2022

Ethereum 2.0 is one of the most-anticipated upgrades in crypto presently. The upgrade which will bring better scalability and cheaper prices to the network is nothing short of needed given that demand has driven these two things to its brink on the network. This is why Ethereum developers have been hard at work for two […]

cryptocurrency January 25, 2022

Key Takeaways Fantom’s DeFi ecosystem has soared to new all-time highs in total value locked, trailing only Ethereum and Terra. The boom has been fueled in part by Andre Cronje and Daniele Sestagalli’s forthcoming Solidly project. Several DAOs have formed in the lead-up to Cronje and Sestagalli’s project launch. Share this article URL Copied Advertisements […]

cryptocurrency January 24, 2022

Considering the situation across traditional markets and global macroeconomic factors, the crypto-market has seen a crash over the past two days. As a result, Ethereum, Dogecoin, and AAVE dove to poke their multi-month/yearly lows on 22 January. Advertisements Now, these cryptos need to reclaim their lost support levels on increased volumes to make way for […]

cryptocurrency January 24, 2022

Ethereum’s latest price decrease was fueled by increased altcoin inflows to cryptocurrency exchanges. Experts attribute the drop in Ethereum’s price to direct transfers from the NFT marketplace OpenSea. Advertisements OpenSea Transaction Volume Dangerous For Ethereum According to Etherscan data, OpenSea has been unloading thousands of ETH on the market in the last few weeks. Similarly, […]

cryptocurrency January 24, 2022

‘Buy the dips and sell the rally,’ would be any seasoned trader’s piece of advice for timing the market. But, this timing can seldom be accurate in real-time. Advertisements But, interestingly, a recent observation by trader Edward Morra seems to suggest that Ethereum’s all-time highs are matching with the sell-offs by Ethereum Foundation. $ETHFriendly reminder […]

cryptocurrency January 23, 2022

In a previous article, it was pointed out that Ethereum was struggling to wade out of the $3300 area. There appeared to be no buyers in sight and bidders have been overwhelmed once the price fell below $3287 and almost retested the same level as resistance. Ethereum’s movement on the chart would depend on Bitcoin, […]

cryptocurrency January 22, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements For Ethereum, the fundamentals remain positive even though the price has been strongly bearish. The on-chain data on Ether holders is encouraging and the Ethereum 2.0 upgrade is eagerly awaited. On the charts, traders […]

cryptocurrency January 21, 2022

Advertisements ETH price has been in a downtrend for 3 months, and derivatives data shows pro traders are almost ready to throw in the towel. Ether (ETH) price lost the $3,600 support on Jan. 5 as minutes from the Federal Reserve’s December FOMC meeting showed that the regulator was committed to decreasing its balance sheet […]