Ethereum (ETH)

[PRESS RELEASE – Tortola, British Virgin Islands, 9th July 2021] OpenOcean, a pioneering DeFi & CeFi full aggregator that supports interoperability across multiple networks, is delighted to announce the aggregation of Polygon to expand its trading universe and offer users the best prices with low slippage. The decision to aggregate Polygon was influenced by the community. When OpenOcean asked its community which network they wanted to see aggregated next, a staggering...

Bitcoin After another volatile week, Bitcoin is currently down 2% on the weekly. BTC rebounded from $33K on Monday and pushed higher to meet the upper angle of a symmetrical triangle pattern, as seen on the charts below. Unfortunately, BTC could not break out and quickly rolled over from there into $33,520 support on Tuesday. After another failed retest of the upper angle on Wednesday (at $35K), BTC heavily rejected and broke to the downside. Since the breakdown of the...

[Featured Content] It is not unusual for blockchain and crypto-related firms to burn off a portion of their token supply. Token supply is regulated within the crypto market according to demand and supply and firms often burn off a portion of their supply to ensure that the tokens in the market do not exceed a certain number. This, in turn, ensures a healthier and more robust ecosystem. The latest of these companies to announce a token burn is Crypterium, a prominent crypto...

In a recent tweet by the Tesla CEO, he is again seen extending support to Dogecoin over Bitcoin and Ethereum.Business magnate and entrepreneur Elon Musk has again extended his support to Dogecoin (DOGE) over Bitcoin and Ethereum. In a recent tweet by the Tesla billionaire, he is seen reinforcing the scalability of the meme-based currency to take over the world.The tweet was meant to be a reply to Youtuber Matt Wallace’s Twitter post on the upcoming Dogecoin update. BTC & ETH are pursuing...

Die Deutsche Börse erwirbt eine Mehrheitsbeteiligung an der Crypto Finance AG, die institutionellen und professionellen Kunden den Handel, die Verwahrung und die Anlage in digitale Assets anbietet. Die Finanzgruppe steht unter der konsolidierten Aufsicht der schweizerischen Finanzmarktaufsicht (FINMA). Durch die Übernahme schafft die Deutsche Börse einen direkten Einstiegspunkt für Investitionen im Bereich digitaler Assets, einschliesslich Nachhandelsdienstleistungen wie der...

Barely two days since the launch of ShibaSwap, a DeFi platform coming from the popular Ethereum-based meme project, Shiba Inu, more than $1.5 billion worth of assets have been locked on the exchange. ShibaSwap Records $1.5 in TVL As with many DeFi projects, ShibaSwap also introduced a yield farming program that allows users to stake their tokens for rewards. The project’s pseudonymous “Top Dog,” Shytoshi Kusama, noted in a Medium post that the Shiba Inu army can stake either...

The executive of the PBoC says that digital currencies raised potential threats to financial security and social stability.The central bank of China has said it is “quite worried” about the worldwide financial risks from privately developed digital currencies, particularly, stablecoins.“Some commercial organizations, so-called stablecoins, especially global stablecoins may bring risks and challenges to the international monetary system, and payments and settlement system,” said Fan Yifei,...

Litecoin price failed to continue above the $150 resistance zone against the US Dollar. LTC price is now trading below $140 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $132 and $130 support levels in the near term. Litecoin price is slowly gaining pace below $140 against the US...

In a bid to equip decentralized application (dApp) developers with the necessary tools for maximum production, Ethereum blockchain developer platform Alchemy has announced a partnership with Polygon to enhance the network’s capabilities.  Alchemy Integrates Polygon The firm made the announcement today, stating that the move would supercharge the development of Polygon and the Ethereum network.  Furthermore, the partnership would also provide the necessary tools to dApp...

Bitcoin, Ethereum, Dogecoin, Tesla, and Facebook… Over the past several months, many analysts have talked about how all these entities are potentially related and how they correlate with each other. It is widely believed that altcoins like ETH follow bitcoin’s patterns, while it is alleged that bitcoin and stocks will mimic each other’s behavior. Either way, per Sam Bankman-Fried – the CEO and founder of popular cryptocurrency exchange FTX – believes that all these...