Ethereum (ETH)

Protocol to be fully integrated and launch all its DeFi services on BSC.EasyFi’s decentralized lending platform is already available on Ethereum, the most popular smart contract platform, and Polygon, but it has now expanded through a new partnership. EasyFi will be bringing its unique defi lending platform to Binance Smart Chain, one of the fastest-growing blockchains in the industry. This will mark the third network that EasyFi is available on as it continues on its mission for complete...

Ethereum price found support near $1,280 and started a fresh increase against the US Dollar. ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours). There was a break a major bearish trend line with resistance near $1,550 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher towards the $1,920 and $2,000 resistance levels in the near term. Ethereum price is gaining pace from $1,300 against the US...

ETH/USD – Bulls Meet Resistance At Bearish .618 FibKey Support Levels: $1680, $1620, $1500.Key Resistance Levels: $1755, $1800, $1875.Ethereum is now up by a total of 21.6% over the past week as it hit the resistance at $1755 today (bearish .618 Fib). The coin had started heading lower toward the end of February until it found support at $1425 (previous ATH).It rebounded from there and it pushed higher into resistance at $1580 (bearish .382 Fib Retracement). It struggled at this level during...

Although Ethereum’s price has tumbled by a few hundred dollars since its peak in February, whales have continued to accumulate large portions of the second-largest digital asset. Recent data revealed that large ETH investors own nearly 70% of the total supply – the highest level since late 2017.ETH Whales At a 3-Year HighThe price of ETH has been on a roller-coaster since the start of the year. The asset entered 2021 at $720 before the bull run took it above the previous all-time high at...

[PRESS RELEASE – Please Read Disclaimer]Given increasing Ethereum costs and the high friction associated with L1, Polygon and Router are teaming up with leading crypto projects to enable instant, gasless trading, and farming for Defi.Background: Router Protocol is building a cross-chain liquidity protocol and the first node of the Router Protocol is Dfyn.network which is a functional AMM-based DEX on Polygon (Previously Matic). This yield farm will be based on Dfyn.network, i.e. the projects...

Historically, stimulus checks have been pumping the cryptocurrency market. Let us see if we see another round of bullish marathons this time. Today’s picks are AAVE, LINK and ETH.There was a theory that whenever the US Stimulus bill was accepted, the cryptocurrency market will skyrocket and the signing of the Bill by President Biden will establish a new bullish cycle. Yesterday, March 6, the Senate approved the $1.9 trillion bill, on Tuesday the House Democrats are expected to pass the bill...

Chinese tech company Meitu has announced a massive purchase of 380 BTC and 15,000 ETH, representing an entry of about 40M USD, as of writing these lines, into the cryptocurrency market.This came just one month after tech mogul Elon Musk, the founder of Tesla, announced that the company would be purchasing 1.5B USD worth of Bitcoin.Although a large Hong Kong-listed firm publicly buying Bitcoin is undoubtedly noteworthy in and of itself, it’s interesting to note Meitu founder Cai Wensheng’s...

The contentious Ethereum Improvement Proposal (EIP) 1559, will be included in its codebase in July this year. This became clear during the All Core Developers call today.EIP 1559: What Does it Mean for Fees?Ethereum’s Improvement Proposal 1559 is aimed at improving the overall Ethereum’s user experience when it comes to transaction fees.Typically, a user would have to send a gas fee to a miner for their transaction to be included in a block. What EIP-1559 proposes, however, is to send that...

After flirting with the coveted $50,000 price tag, BTC has initiated a leg up that has spiked the price above it. Will this flit be longer than the last ones? only time will tell.Meanwhile, most altcoins have also followed their leader on its way north. Ethereum, the second-largest crypto, has neared $1,700 just two days after bottoming at $1440. The total market cap has added $100 billion in a day.Bitcoin Takes Down $50K (Once Again)Ever since BTC retraced by $7,000 from the $52,500 price...

A team of analysts with the firm D.A. Davidson suggests that the new Coinbase public listing is going to be an “Amazon” moment for the world of crypto. Coinbase Is Going to Set a “Crypto Precedent” For the most part, the Coinbase listing is a big deal for the digital asset space. The industry has longed for mainstream status and legitimacy for quite some time, but the fact remains that the space has been wrought with fraud and crime, and the volatility of most mainstream...