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cryptocurrency

cryptocurrency November 4, 2020

Advertisements Summary: An Ethereum ETH2.0 deposit contract has been launched on GitHub There has been no official announcement from Ethereum developers The launch has been overshadowed by the US Election saga If the deposit contract turns out to be legitimate, the highly anticipated ETH2.0 is now a go A few hours ago, what seems like […]

cryptocurrency November 4, 2020

The launch of Ethereum 2.0 (ETH2 or Serenity) has long been expected. It was first slated to arrive earlier this year, but multiple delays have pushed back the launch date to ensure that security is maximized. Advertisements There was recently a scare that it was delayed once again. Ethereum Foundation researcher Danny Ryan said that […]

cryptocurrency November 3, 2020

Advertisements Summary: Crypto exchanges experienced an inflow of 8,170 ETH before yesterday’s dip to $370 This translates to around $3.1 Million using an Ethereum rate of $380 Of this amount 4,000 ETH was deposited to Binance before the brief meltdown Selling of Ethereum could indicate buying exhaustion and a correction in the pipeline for ETH […]

cryptocurrency November 3, 2020

Ethereum’s decentralized finance (DeFi) space has received a lot of attention in recent months. This sector of the crypto space has seen a rapid uptick in capital involved as the yields and incentives to use these DeFi applications have increased at a dramatic clip. Data shows that the number of DeFi users has literally gone […]

cryptocurrency November 2, 2020

The Ethereum (ETH) price has struggled to retrace significantly since it dropped sharply at the beginning of September. Advertisements The price is currently trading inside a significant support area, the loss of which would go a long way in confirming a bearish trend. Ethereum Struggles to Maintain Support The ETH price reached a high of […]

cryptocurrency November 2, 2020

Advertisements Ethereum-based traders turn their noses up at Huobi’s latest wrapped assets, including BSV and LTC Following the success of HBTC — the wrapped Bitcoin tradable on Ethereum currently securing nearly $70 million in BTC — Huobi Global has released the latest in its “H-token” series: Litecoin and Bitcoin SV.  However, traders and developers thus […]

cryptocurrency November 1, 2020

Advertisements Summary: The number of Ethereum addresses holding 32 or more ETH has reached a new all-time high of 125,540 Ethereum’s current value provides an opportunity to accumulate ETH in anticipation of staking on ETH2.0 Ethereum staking pools are expected for those who cannot accumulate 32 ETH The number of Ethereum addresses holding 32 ETH […]

cryptocurrency November 1, 2020

Advertisements Summary: Retail users make up a vast majority of DeFi users but professionals move the market Fund sent to DeFi platforms from retail users are usually below $10,000 Most of the value sent to DeFi platforms comes from transfers above $10k and from professional users 47% of the total value sent to DeFi platforms […]

cryptocurrency October 31, 2020

Key Takeaways B.Protocol attempts to solve the inefficiency of DeFi liquidations, which hamper the sector’s growth. The project offers extra yield for users and makes liquidations more predictable for liquidators. The protocol seamlessly connects to platforms like Maker, Compound, and Aave without requiring any actions from their side. $1.5 million ETH was deposited on Maker […]

cryptocurrency October 31, 2020

Advertisements Summary: Ethereum looked set to retest $400 as a result of general bullishness in the crypto-markets However, Bitcoin’s dominance has continued to grow and ETH might have to wait for the BTC excitement to subside Bitcoin is on a path to close the month of October on a very bullish note Ethereum’s push towards […]