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News

cryptocurrency December 15, 2019

ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar.The price is declining and it seems like it could continue to drop below $140.There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair […]

cryptocurrency December 14, 2019

\n Advertisements A new strategy is being tried out by the notorious Upbit hackers. They are attempting to use a decentralized exchange to convert their holdings to an EOS-pegged token. On-chain analysts and exchanges have been closely monitoring the movement of stolen funds from Upbit since late November. The nearly $50M of stolen ether has […]

cryptocurrency December 13, 2019

Bitcoin and XRP were the world’s largest virtual assets going into 2019. However, while Bitcoin continues to dominate the market over the year, Ethereum did manage to overtake XRP on the cryptocurrency charts. Advertisements Over the course of the last twelve months, Bitcoin and Ethereum have recorded a period of prolific performance, with the two […]

cryptocurrency December 13, 2019

\n Advertisements Ethereum is making progress, but the timeline for a full ETH 2.0 release is not coming any closer. According to a recent official blog post, we can expect “potentially many years before a full ‘Ethereum 2.0’ roll-out.” With the recent Istanbul hard fork update, many in the Ethereum community were enthusiastic about Ethereum […]

cryptocurrency December 13, 2019

The future of finance is evolving and Ethereum based DeFi is at the forefront of it. This year has seen explosive growth in decentralized finance despite bearish crypto asset performance. 2020 is set to be even bigger with bold predictions of where DeFi will go next.2020 Could Be Huge for DeFiDecentralized finance has literally exploded […]

cryptocurrency December 12, 2019

It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector.Ethereum Hits $140Ethereum is still deep in a two […]

cryptocurrency December 11, 2019

\n Advertisements $85M worth of USDT was just moved on Ethereum’s blockchain. The total cost of the transfer was just $0.03. Recently, Tether has been token swapping its USDT on the Omni blockchain to Ethereum. Yesterday, around $200M of USDT was converted to Ethereum and represented on the public chain. Binance was the third-party that […]

cryptocurrency December 11, 2019

\n Advertisements Investments in Ethereum-based decentralized finance (DeFi), a much-vaunted sphere of digital assets, has been increasing at a staggering rate, up over 200% from the same time last year. DeFi services include lending, decentralized exchanges, derivatives, payments, and assets. Considered an overall indicator of the health of the space, the $650 million locked up […]

cryptocurrency December 11, 2019

Ripple price declined recently below the $0.2240 and $0.2220 support levels against the US dollar.The price is currently correcting higher, but facing resistance near $0.2240 and $0.2260.There is a key bearish trend line forming with resistance near $0.2240 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is facing an increase in […]