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cryptocurrency June 5, 2021

Advertisements Ethereum balances on crypto exchanges have hit a 2-year low of 12.447 million ETH Ethereum outflows from crypto exchanges have exceeded 1 million ETH in the last 30 days The outflow of ETH from exchanges continues despite the slowdown in the price of Ethereum ETH is still having a hard time breaking the $2,800 […]

cryptocurrency June 5, 2021

Advertisements The total value locked on Polygon (MATIC) grew by 1,102% in the month of May Address activity on Polygon also grew by 4x in the same time period Polygon’s growth has been fueled by DeFi apps migrating from Ethereum and new projects Polygon (MATIC) has experienced remarkable ecosystem growth during the just concluded month […]

cryptocurrency June 4, 2021

Advertisements Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or ultra-bearish. Currently, there are large […]

cryptocurrency June 4, 2021

Advertisements Ethereum could be on track to surpass Bitcoin in terms of market cap Ethereum’s market cap is currently half of Bitcoin’s Ethereum will thrive due to continual use-case such as DeFi  Ethereum should consolidate for a while between $2k and $4k The team at Bloomberg has released their monthly Crypto Outlook Report in which […]

cryptocurrency June 4, 2021

Key Takeaways Crypto prices plummeted Thursday after Elon Musk posted a tweet suggesting he’d broken up with Bitcoin. Bitcoin, Ethereum, and various DeFi tokens are in the red. The crash liquidated $600 million worth of futures positions in the crypto derivates market. Share this article The cryptocurrency market slumped Friday morning after Elon Musk called […]

cryptocurrency June 4, 2021

Advertisements Institutional investors can get USD on credit without liquidating their ETH. Crypto custody bank Anchorage Digital is expanding its services into crypto-backed loans for institutional investors. Clients at Anchorage can now access a line of USD credit backed by Ethereum through its partnership with U.S. commercial bank BankProv. Advertisements Anchorage Financing will introduce a […]

cryptocurrency June 3, 2021

Advertisements Ether price has outperformed Bitcoin by 32% since May, but derivatives data shows pro traders are feeling less bullish about the top altcoin. Ether (ETH) has outperformed Bitcoin (BTC) by 32% since May, and even though there has been a steady flow of bullish reports from JPMorgan Chase and Goldman Sachs, derivatives metrics show […]

cryptocurrency June 3, 2021

Ethereum has seen some recovery in the past days, after the crypto market experienced one of its worst months since March 2020. At the time of writing, the second cryptocurrency by market cap trades at $2,823. Advertisements ETH moves sideways in the daily chart. Source: ETHUSD Tradingview A recent report published by Bloomberg Intelligence’s Senior […]

cryptocurrency June 3, 2021

Advertisements NortonLifeLock has launched a new feature dubbed Norton Crypto Norton Crypto will enable users to safely mine crypto, specifically Ethereum Select users will be invited to mine Ethereum beginning today Norton Crypto aims at easing the process of mining crypto by providing a secure platform to do so NortonLifeLock, the parent company of the […]