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Cryptocurrency

cryptocurrency March 9, 2021

Ethereum prices rallied on Tuesday as a recent sell-off in the cryptocurrency market prompted traders to buy the dip. Advertisements The world’s second-largest cryptocurrency climbed to its two-week high of $1,859.62 on Coinbase, a US-based crypto exchange, during the early Asian session. It started correcting lower on short-term selling sentiment but maintained its weekly upside […]

cryptocurrency March 3, 2021

Key Ethereum Takeaways Ethereum (ETH/USD) looks poised to pursue a bull run towards $2,000 after flipping key resistance levels into interim supports. More tailwinds come from Citi and Goldman Sachs’s latest endorsements for the cryptocurrency sector. Volatility in the US government bond market continues to pose risks to rally. Ethereum prices surged on Wednesday, turning […]

cryptocurrency February 19, 2021

This week, transaction fees on the Ethereum blockchain grew to a level that made the decentralized applications (dapp) operating atop it practically unusable. In some cases, transferring as little as $5 across the second-largest public chain started costing as high as $300. Advertisements With no choice left, many of the dapp developers decided to run […]

cryptocurrency February 18, 2021

Ethereum, the world’s second-largest cryptocurrency by market capitalization, established a new record high on Thursday. Advertisements The ETH/USD exchange rate reached $1,927 ahead of the London opening bell after surging 4.12 percent. Later, the pair gave up a small portion of its gain to profit-takers. It was trading at $1,896 as of 1224 UTC, still […]

cryptocurrency February 10, 2021

Cardano’s native asset ADA was among the best performers on Wednesday as bulls pushed its price up by more than 18 percent. Advertisements The fourth-largest cryptocurrency hit $0.87, its highest levels in more than three years, as traders increased their bids for top Ethereum rival assets. They include Polkadot’s DOT (+5%), Avalanche’s AVAX (+60%), Chainlink’s […]

cryptocurrency February 4, 2021

Ethereum achieved a new milestone this Thursday as its price almost touched $1,700 for the first time in history. Advertisements The ETH/USD exchange rate hit $1,699 on the Coinbase exchange after rallying 29.79 percent this week. Traders flocked into the Ethereum market in the wake of its futures contracts’ launch on the Chicago Mercantile Exchange […]

cryptocurrency February 3, 2021

Cryptocurrencies rallied Wednesday, led by gains in the Bitcoin and the Ethereum markets as traders pinned hopes on additional stimulus packages in the United States. Advertisements The cost to purchase one Bitcoin shot past $36,000 while Ethereum’s native token Ether notched a new record high at $1,574. Other large-cap tokens, including Polkadot’s DOT, Litecoin’s LTC, […]

cryptocurrency February 2, 2021

Ethereum rose on Tuesday, partially because of its positive correlation with Bitcoin, the top cryptocurrency that also notched gains, and partially because the Chicago Mercantile Exchange will offer Ethereum Futures effectively from February 8, 2021. Advertisements Trades flocked into the second-largest cryptocurrency during the early European session, pushing its prices against the US dollar up […]

cryptocurrency October 24, 2020

Advertisements Summary: Bitfinex CTO and Tether CTO, Paolo Ardoino, has clarified that Tether (USDT) is indeed regulated Mr. Ardoino announced via Twitter that Tether was also registered with FinCEN His comments come after Tether competitors have been using the ‘regulation’ card to gain favor with users Tether recently hit $16 Billion in market capitalization There […]