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cryptocurrency June 28, 2020

Bitcoin as a financial asset has drastically grown in popularity in the past few years. As adoption continues to grow and fiat on-ramps and off-ramps become easily accessible, Bitcoin’s user base has grown and diversified significantly. The past few years saw greater institutional interest. While the Hodl culture within the community continues to be dominant, […]

cryptocurrency June 28, 2020

Advertisements Quick take: Support for Ethereum Improvement Proposal 1559 is gathering traction. The ETH community is crowdfunding efforts to have it developed and implemented on the Ethereum blockchain.  43 ETH and $16,800 in DAI have been raised thus far.  The EIP aims at solving the issue of high transaction fees such as the ones witnessed […]

cryptocurrency June 27, 2020

Ethereum and the ecosystem it hosts have been on a ride this last week, particularly the DeFi ecosystem. This was mainly due to the recent hype around yield/liquidity farming. Interestingly, all of this is happening at a time when ETH is transitioning into PoS. Advertisements Regardless, ETH is still the second-largest cryptocurrency in the market, […]

cryptocurrency June 27, 2020

The cryptocurrency market saw a lot of its momentum evaporating after many of its coins underwent corrections on the charts after a brief upside. At the time of writing, the collective market cap had fallen to $262.45 billion, while Bitcoin’s dominance stood at 64.5%. As Bitcoin’s price slid to $9,189 at the time of writing, […]

cryptocurrency June 26, 2020

Advertisements PlusToken recently moved $186 million worth of Ethereum, leading investors to fear a dump in ETH price. Earlier this week PlusToken, one of the largest scams in the cryptocurrency world, tried to move 789,500 Ether (ETH), but the movement of these stolen funds were temporarily held up by congestion issues within the Ethereum network. […]

cryptocurrency June 26, 2020

Disclaimer: The following price prediction should materialize in the next 24-48 hours. Advertisements As the collective market underwent a bearish pullback, Ethereum’s price dropped below its support at $233 for the first time since 18th June. Although the coin attempted to sustain a position above $233, the selling pressure brought down the asset under the […]

cryptocurrency June 26, 2020

Key Takeaways A service overload on The Graph rendered a number of DeFi frontend’s non-responsive. The Graph will soon roll out a reliable, decentralized network that will help reduce downtime. Even if DeFi interfaces are down, the protocol’s themselves are always active, as they are smart contracts on Ethereum. Share this article In two weeks, […]