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Ethereum (ETH)

BitMex En Route to Launching a Mobile App to Trade Crypto Futures

Quick take: BitMex has indirectly announced that it has been working on a mobile version of its trading platform. The revelation came in the form of a poll on the popular messaging platform of Telegram. This comes after competitors such as Binance and Deribit, slowly but slowly gaining momentum as ..

Ethereum’s (ETH) Push Above $250 Halted by Bitcoin’s Flash Crash

In brief: $250 is a major resistance zone for Ethereum. ETH had managed to break this price level and briefly traded at $253. The push was short-lived as Bitcoin dumped hard taking down the entire crypto market with it. Stats show that whales moved a lot of Bitcoin to Binance and Bitmex before the ..

Bitcoin & Crypto’s Dr. Doom Had Warned About Riots back in March

In brief: In early March, Professor Nouriel Roubini had warned of the looming US and Global economic crisis due to the spread of the Coronavirus. He had predicted that there would be a ripple effect of unemployment and a disruption in the global food supply chain that would lead to riots. The unfor..

Litecoin (LTC) Struggles to Recover from March’s Coronavirus Crash

In summary: Bitcoin and Ethereum have regained losses witnessed during the Coronavirus crash of mid-March. Litecoin seems to be struggling to regain a footing after dropping below $50. LTC risks losing the $40 psychological support. However, the weekly chart prints a falling wedge offering some hop..

Why $7,050 is the Level to Watch During Bitcoin’s (BTC) Weekly Close

In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300. At the same time, its trade volume has been dropping together with its dominance in the crypto markets. In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on ..

$424M in ETH is Locked in DeFi Platforms, Can Tron (TRX) Catch Up?

In summary: Decentralized Finance (DeFi) has blossomed in the last year as more projects utilize the Ethereum blockchain due to its smart-contract capabilities. Currently, there is over 2.7 Million ETH locked up in DeFi DApps. Maker DAO transactions take up 49.36% of the ETH locked up in DeFi platf..

Tron (TRX) Ventures Into DeFi With its Revolutionary DApp, JUST

In brief: The team at Tron had been working on a DeFi platform known as Djed. The Mainnet was launched today, April 4th. The DApp has been rebranded to JUST. Decentralized Finance, or simply DeFi, has been one of 2020’s highly anticipated use cases of cryptocurrencies and blockchain. As the name su..

Ethereum Price Analysis: With BTC Dominance Firmly at 65%, What’s Next for ETH?

In brief: The Bitcoin dominance on Coinmarketcap is steady at around 65%. Ethereum’s dominance in the market currently stands at 8.23%. In the past few days, ETH has had a hard time reclaiming the $140 support zone. The ETH/USDT 6-hour chart is exhibiting bearish signs that are further confirmed by..

Binance to Distribute ETH to DGD Holders as DigixDAO Initiates Dissolution

In brief: Binance has announced that it will be supporting the upcoming DigixDAO (DGD) dissolution. The exchange will distribute ETH to qualified DGD holders at a rate of 1 DGD = 0.193054178 ETH. Earlier this year, the DigixDAO community voted on dissolving the project and burning the DGD in circul..

Ethereum 2.0 Well On Its Way: Serenity Phase Zero Spec Finalized

Ethereum 2.0 in the Pipeline For a while now, Serenity, the next step in the Ethereum (ETH) blockchain, has been somewhat of a quixotic dream for developers. But, the upgrade, which developers say will dramatically increase the efficiency and decrease the power consumption of the network, is rapidly..

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Central Bank Digital Currencies Will Not Affect Bitcoin

With greater interest by central banks around the world to create digital versions of sovereign fiat currencies, there are some concerns about how this...

Venezuela is Serious About Building Up Bitcoin Reserves

Holding reserves in currencies and investment commodities is something that nearly all central banks practice. The United States Federal Reserve, for example, keeps ample...

Cryptocurrency Market Surging on Fundamental Developments

The world of digital currency trading posted very solid transaction volumes on May 8 as Bitcoin returned to its highly anticipated $10,000 level. The...

South Korea is Preparing for a Sovereign Cryptocurrency Future

Over the next two years, the central bank of South Korea will be working on a blockchain project that would create a digital version...

How Blockchain Applications Are Being Used During the COVID-19 Pandemic

A couple of major blockchain development conferences have been canceled, and the cryptocurrency markets are feeling the economic impact of the coronavirus pandemic, but...
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