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Analysis

cryptocurrency January 28, 2020

Maker, the Ethereum-based DeFi protocol, remains dominant in decentralized finance, but competitors such as Compound, Uniswap, and Synthetix showed strong growth in 2019. Advertisements Maker Remains the King of DeFi MakerDAO, creator of “the world’s first unbiased currency” DAI, enjoyed first mover advantage in the burgeoning DeFi market. With almost $850 million worth of collateral […]

cryptocurrency January 28, 2020

Ethereum’s price breached its strong resistance at $168 after the asset registered another spike on January 26th. The digital asset surged over 9 percent in the last 3 days, briefly touching the $173.40 mark and at press time, ETH was valued at $170.76. Advertisements Over the past 24-hours, ETH spiked over 2.34 percent and the […]

cryptocurrency January 27, 2020

CherrySwap v2, an automated market maker for interest rate swaps, is an early insight into how DeFi can absorb traditional finance by recreating similar mechanisms in a permissionless manner.  Advertisements Hedging Positions and Swapping Money  Bitcoin was the direct result of technologists and cryptographers experimenting in the world of finance. More than 11 years on, […]

cryptocurrency January 27, 2020

Ethereum found support near the $158 area and climbed around 5%, just like bitcoin. However, ETH price is facing a strong resistance near $170, above which it could continue higher.After forming a support base near the $158 level, Ethereum recovered above $162 against the US Dollar.The price is up more than 5% and it broke […]

cryptocurrency January 26, 2020

Ethereum is making headway, in terms of real-world applications. Especially, with the smart contract feature and in the DeFi sector. As for the price of ETH, it stood at $162 at the time of writing with a market cap of $17.8 million. The coin has witnessed a growth of over 1.59% in the last 24 […]

cryptocurrency January 25, 2020

Over the past week, Bitcoin, Ethereum (ETH), and other leading digital assets have finally begun to stall. The price of these assets have tanked across the board, losing over 10% since the highs put in last week.Despite this, analysts are certain that the outlook for some cryptocurrencies remains bullish. Specifically, one trader recently noted that […]