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cryptocurrency June 9, 2020

Advertisements Decentralized financial markets (DeFi) have made a remarkable recovery since the mid-March COVID-19 crash. So much so, that the total locked value has again surpassed $1 billion. The DeFi ecosystem took a big hit three months ago when the Ethereum price crashed by 50%, wiping out a considerable amount of locked-up crypto collateral. The […]

cryptocurrency June 3, 2020

Advertisements Ethereum, and it’s prodigal co-founder Vitalik Buterin continue hitting the headlines. That’s no surprise with the much-heralded upcoming launch of Ethereum 2.0 (ETH 2.0). ETH 2.0 represents a new blockchain concept innovating in the cryptocurrency space. Ethereum 2.0 – a New Way Forward? The fundamental change for ETH 2.0 involves a move away from […]

cryptocurrency May 30, 2020

Advertisements Coinbase is about to airdrop OmiseGo tokens to its customers that have stored Ethereum in their wallets for the last three years. The news of this airdrop came to light when Twitter user Jordan Spence (@spencecoin) shared a message that he received from Coinbase. The message explained, since he had stored Ethereum in his […]

cryptocurrency May 29, 2020

Advertisements Ethereum’s evolution into a completely decentralized financial ecosystem is progressing steadily. Stablecoin issuance on the network has surged, and almost 50% of its total value is now in ERC-20 tokens. Messari crypto researcher, Ryan Watkins (@RyanWatkins_), has observed that ERC-20 tokens are approaching 50% of the total value stored on Ethereum. Over the past […]

cryptocurrency May 28, 2020

Advertisements Bitcoin may have stumbled at resistance and could be heading for a prolonged period of consolidation at lower levels. Ethereum, however, could be on the cusp of another bull market as on-chain metrics and signs continue to improve. In a lengthy thread, DTC Capital head Spencer Noon (@spencernoon) posted several charts and metrics that […]

cryptocurrency May 25, 2020

Advertisements The volume of Bitcoin (BTC) tweets is on the rise once again pointing to a strengthening of bullish expectations among traders. Tweeting on Monday, analyst Zack Voell highlighted the significant surge in Bitcoin Twitter mentions over the past few months. In the past, social media metrics such as tweet volume or comments on platforms […]

cryptocurrency May 25, 2020

Advertisements Ethereum prices are starting to weaken again as Bitcoin fails to break over an important resistance. On-chain metrics and fundamentals for the ETH network are still looking positive, however. On-chain market analysis provider Glassnode has delved into addresses on the Ethereum network, identifying a bullish trend. There are now 40 million ETH addresses holding a […]

cryptocurrency May 22, 2020

Advertisements Margin-longs for Ethereum are exploding today on both BitMEX and Bitfinex. Some 85% of all margin-calls are currently long for Ethereum compared to shorts. The massive amount totals around 2% of the entire circulating supply. Indeed, 2.3M or so ETH is now now margin-long. The longs have continued to accumulate, as shown in the […]