The evening of 9 May saw the bears walking in the market and caused a lot of damage to the price of most major cryptos. While major alts suffered some loss in terms value, others 2020 gains were mostly wiped-off. Advertisements Ethereum [ETH] Source: ETH/USD on TradingView Advertisements The second-largest coin in the market in […]
Ethereum made a retreat to $189 after the latest price plunge. The price of the largest altcoin, ETH had turned red following the increasing downward pressure. It appears that ETH’s tryst above the $200-level was short-lived as significant gains were wiped following the drop. In addition, the market indicators are pointing towards a risk of […]
The collective crypto market was in a consolidation phase; as Bitcoin’s awaiting its third halving, conversations about the direction of its price engulfed the community. Advertisements Currently, the cryptocurrency market exhibited of convergence of Ethereum and Bitcoin price volatility despite the general notion that the price of the latter is expected to show some drastic […]
The crypto-market noted a minimal surge on 4 May, resulting in the value of Bitcoin [BTC] surpassing $9k. And while most altcoins did note rising prices, the price momentum of these cryptocurrencies was not enough to turn around the existing market trend. Advertisements Ethereum [ETH] Source: ETH/USD on TradingView Advertisements On 4 May, Ethereum rejoiced […]
After noticing a constant rise in Bitcoin locked in Decentralized Finance [DeFi], the total BTC on the platform stood at 2.1k. Despite the tremendous losses noted by the DeFi in March, the value of BTC did not waver, rather remained stable. Adding to this stability, Maker approved WBTC as the collateral asset. Could WBTC become […]
The market crash in March sent all coins on a rollercoaster ride and surprisingly, most of them, at the moment, have recovered from the losses incurred. The second top coin ETH which was trending at $140 level in March has recorded a significant increase in April. A similar pattern was followed by BNB and Cosmos. […]
The second-largest cryptocurrency has been surging since the drop on Black Thursday. In total, ETH has surged by a whopping 152% from peak to trough. At press time, however, this surge was at 138%. Advertisements With 1 ETH priced at $213.76 and a market cap of $23.85 billion, the token showed promise with a 1% […]
Ethereum, unlike Bitcoin, does not have a fixed supply. While some see this as a disadvantage for the coin, many others believe that Ethereum’s minimum necessary issuance (MNI) provides greater network security. Advertisements ETH’s concept of minimum viable issuance as the monetary policy raises a few questions. How can one determine what is minimally viable? […]
After an extremely fast-paced rally towards the fag end of April, the crypto-market registered minor corrections on the last day of the month. Since then, however, the market has been trying to catch its breath back, precipitating a minor rise in the charts over the past 48-hours. Advertisements Ethereum [ETH] Source: ETH/USD on Trading View […]
Leaving all its miseries from March behind, the collective cryptocurrency market has been on a heroic run over the past 24-hours. In fact, the total market cap of the industry rose from $216 billion to $266 billion, a surge of over $50 billion. However, tides change abruptly in the digital asset ecosystem and a phase […]
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