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Analysis

cryptocurrency February 14, 2020

Ethereum jumped to a new 2020 high at $278 before correcting lower against the US Dollar. ETH is now consolidating and it is likely to continue higher above $275.Ethereum seems to be struggling to clear the $275 resistance area against the US Dollar.The price is currently consolidating gains above the $260 support area.There is a […]

cryptocurrency February 13, 2020

The proliferation of DeFi protocols was the crypto story of last year. But how do the major token valuations compare? Advertisements Valuing DeFi Protocol Tokens DeFi protocols earn money by charging usage fees. The fees are distributed to token holders in the form of earnings or through burns that reduce the supply of tokens. Earnings […]

cryptocurrency February 12, 2020

A dollar invested in Ethereum upon its pullback eighteen days ago is now worth about $60. And according to a very prominent analyst, it could yield more returns heading further into 2020.Full-time trader Crypto Cred highlighted the possibility of Ethereum continuing its bull run as the cryptocurrency tested a key high timeframe resistance at 0.024 […]

cryptocurrency February 11, 2020

Ethereum price started a downside correction from the $230 swing high against the US Dollar. ETH is currently declining and it remains at a risk of more losses below $215 and $2152.Ethereum declined below the $225 and $220 support levels against the US Dollar.The previous support at $225 is now acting as a major resistance […]

cryptocurrency February 9, 2020

Ethereum gains a strong bullish momentum above the $200 resistance against the US Dollar, similar to bitcoin. ETH price is likely to continue higher towards $250 in the near term.ETH price climbed higher significantly and settled above $200-$210 high against the US Dollar.The price even broke the $225 resistance and traded to a new 2020 […]

cryptocurrency February 8, 2020

Over the past few days, Ethereum has been one of the top-performing crypto-assets in the industry. The token recently breached the $200 mark and since 5 February, the crypto-asset has surged by over 20 percent. Bitcoin recorded a hike of 7.75 percent over the same time period. Advertisements At press time, Ethereum was priced at […]

cryptocurrency February 8, 2020

Oracle platform Chainlink, the stablecoin lending platform Maker, and the EOS resource exchange REX led the growth in the DeFi segment of the cryptocurrency markets, according to TokenInsight’s latest report. Advertisements Blockchain data company TokenInsight has published its annual cryptocurrency report for 2019, with a partial focus on decentralized finance (DeFi) applications. The report delves […]