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cryptocurrency December 10, 2020

Key Takeaways Yearn has released its quarterly report, which breaks down its revenue and expenses over the past three months. This is the first quarerly report isused by a major DeFi platform. The report ensures that Yearn is accountable to the public. Share this article The popular yield farming platform Yearn Finance has released its […]

cryptocurrency December 10, 2020

Advertisements Most major DeFi tokens will be available for trading on Eos. Eosfinex, the Bitfinex-backed noncustodial exchange running on the Eos network, announced the listing of more than 15 ERC-20 tokens, primarily consisting of governance tokens of major decentralized finance protocols on Ethereum. The listing is made possible by a collaboration with pNetwork, a crypto-asset […]

cryptocurrency December 10, 2020

Key Takeaways The crypto industry triumphed despite devastation around the world this year, with Bitcoin and Ether leading the charge. Crypto believers will remember 2020 as the year that institutional investors finally warmed to Bitcoin, and DeFi started to blossom. Signs of mainstream adoption are on the horizon, though there will be regulatory challenges ahead. […]

cryptocurrency December 10, 2020

Ethereum declined towards the $530 zone before recovering above $550 against the US Dollar. ETH price is now facing a strong resistance near the $580 level and the 100 hourly SMA. Advertisements Ethereum started a strong recovery wave above the $550 and $565 resistance levels. The price is now facing hurdles near the $580 level […]

cryptocurrency December 9, 2020

Advertisements Bulls swooped in to buy Ethereum as it dropped to a critical support level and now they’ve set their sights on $590. Bitcoin’s Dec.8 breakdown to $17,650 weighed heavily on most altcoins and Ether was not spared from the carnage.  Daily cryptocurrency market performance. Source: Coin360 As the price of Bitcoin (BTC) dropped precariously […]

cryptocurrency December 9, 2020

Advertisements Blockchain interoperability has been a long-time dream for the Ethereum network, and ConsenSys eyes the latest release to deliver it. Enterprise blockchain applications are slowly but surely making their way to public networks, especially as new upgrades and features are being implemented into the Ethereum ecosystem. While Eth2 promises to bring scalability, security and […]

cryptocurrency December 9, 2020

Advertisements Quick take: Ethereum’s correlation to Bitcoin had dropped to as low as 0.42 in late November Such levels were last seen in 2018 Ethereum’s correlation to Bitcoin has since increased to 0.75  This is an increment of 178% in two weeks Ethereum’s price is once again in bearish territory However, a bounce is likely […]

cryptocurrency December 9, 2020

Ethereum started a strong decline after it failed to surpass $600 against the US Dollar. ETH price declined over 6% and it is now trading near the $550 level. Advertisements Ethereum started a strong decline after it failed to clear the $600 and $602 resistance levels. The price broke the key $585 support and settled […]

cryptocurrency December 8, 2020

Advertisements Eth2’s rollout could result in enterprises flocking to a more secure and scalable Ethereum network. The highly anticipated security and scalability upgrade to the Ethereum network launched as planned on Dec. 1, marking a huge milestone for the Ethereum community. On the surface, the Eth2 Beacon Chain will help ensure an increase in scalability […]

cryptocurrency December 7, 2020

Advertisements He believes that rising adoption will drive Bitcoin higher next year, and that DeFi will have a similar effect on Ethereum. 2021 is shaping up to be a tremendous year not only for gold but for cryptocurrencies as well, according to Frank Holmes, CEO of U.S. Global Advisors.  In a Monday interview with Kitco […]

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