After Bitcoin registered corrections on 15 and 19 February, market speculators are now pinning their hopes on Bitcoin, hoping that the king coin shifts its gears and records another bullish rally soon. However, the situation has only moved south since the middle of the month. Bitcoin recorded another drop of over 6 percent over the […]
Bitcoin’s volatility has been on the rise for the past few weeks now. The king coin, while it was once aiming to surpass the $10k resistance, now has to deal with immediate resistances around $9.6k and $9.3k The coin bid a temporary goodbye to $10k on 25 February, following which its value took a dive […]
The Antminer E3 has stopped mining Ethereum Classic (ETC) and will cease mining Ethereum (ETH) by next month. In less than a month, Ethereum Classic’s hash rate has dropped by almost half. Many miners are dropping out of the network, especially those who run the Antminer E3. The Antminer E3 mining rig is the first […]
Of the top-ten digital currencies, Ethereum has managed to outperform the rest of the lot since the start of 2020. Valuation-wise, Ethereum had managed to hold a 100%+ hike at press time and its fundamental data statistics have relatively improved as well. Following the performance of Ethereum over the first two weeks in February, the […]
Ethereum is down close to 10% and it broke the key $255 support area against the US Dollar. ETH price might continue to slide, but the $230 and $225 levels are likely to provide support.Ethereum is declining heavily and it recently broke the $255 and $250 support levels against the US Dollar.The price is now […]
With so much innovation going on in the space, DeFi has become a big rising star over the years. In a more recent milestone, DeFi apps on the Ethereum network hit an all-time high of $1.21 billion on 15 February. And while it has had its problems, given its short history, maybe hiccups are merely […]
Polkadot has progressed through the initial stage of integrating Chainlink oracles, which signals a systematic approach of porting Ethereum infrastructure. Polkadot is gearing up for its upcoming network launch as it revealed an integration with Chainlink (LINK) on Feb. 25. The integration of Chainlink oracles may be crucial for the development of Polkadot decentralized finance […]
After recently locking down over a billion-dollars worth of digital assets in DeFi, it is safe to say that Ethereum’s decentralized finance applications are making a name for themselves in the lending market of digital assets. Ethereum is currently the largest form of collateral in the DeFi medium, but with growing interest, other assets are […]
A new investor entering the digital asset market right now, without any prior information of the industry, may potentially be inclined towards Ethereum. The second-largest crypto-asset has risen by 106.44 percent in 2020, outshining the likes of Bitcoin and the rest. Although the price has been slightly bearish over the past two weeks, the overall […]
Set Protocol, a DeFi-native investment platform, has added a new token set that rebalances between Chainlink’s LINK token and stablecoin USDC depending on the former’s daily Relative Strength Index (RSI). LINK has been one of crypto’s top performers along with KNC in 2020. Set Protocol Automates LINK Investments ETH, BTC, USDC, and DAI were the […]
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