Ethereum (ETH)

The Ethereum DeFi ecosystem has hit 2 million users. The number of unique Ethereum addresses that have interacted with Ethereum-based protocols, as shown in the chart below by Dune Analytics, has seen a sharp increase recently, with volume ramping up heavily within the last 2 months. Source: Dune AnalyticsRecord Users and Record Prices During this period, ETH has been hitting record highs, going from $738 at the start of the year to $2,637 right now. Today, the price also...

Let’s get it straight, Defi has exploded in the last year and it is poised to grow exponentially in the near future. Last week Uniswap’s trading volume surpassed $10B, yes, $10B. There are a handful of well-known DEXs, and to trade in those, either, users have to use their own funds or transfer funds from lending platforms and transfer for trading. It is a time-consuming, laborious and expensive process to transfer from lending platforms to DEXs. Introducing Lever Lever...

The altcoins including Ethereum (ETH), XRP and Binance coin (BNB) have also seen gains this week, contributing to the crypto market rebound.Bitcoin (BTC) price is up by 10%, leading a crypto market rebound, after suffering a drastic fall last week. The biggest cryptocurrency lost 18.3% of its value last week, fell to a seven-week low of $47,079, its biggest fall since mid-March this year. Before last week’s price drop, Bitcoin was steadily embarking on a bun run, reaching an all-time high of...

[Press Release – San Francisco, CA, 27th April, 2021] Public Mint and Unmarshal have formed a strategic partnership that would see the full integration of the Public Mint blockchain on Unmarshal’s blockchain data platform, allowing seamless access to data for developers building applications that interface with Public Mint. Public Mint is the first fiat-native blockchain platform, focused on providing users with a seamless experience with blockchain-based payments while...

Ethereum price started a fresh increase after testing the $2,000 support against the US Dollar. ETH price is currently trading well above $2,300 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,200 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher towards the $2,600 level or even $2,800. Ethereum price is showing positive signs above $2,300 against the US Dollar. ETH/USD...

After being listed by Coinbase Pro, Tether (USDT) price has experienced sharp growth. Tether (USDT), the oldest and leading stablecoin in the cryptocurrency market, has surpassed $50 billion market cap. Notably, there has been a significant demand for the dollar-pegged stablecoin, particularly Tether (USDT) as indicated by a sharp increase in daily traded volume.According to metrics provided by CoinGecko, Tether (USDT) had a daily traded volume of approximately $131 billion. To put the...

Polygon could help the Ethereum blockchain to achieve up to 65,535 transactions per block. Polygon (MATIC) price jumped over 32% today and was trading at around $0.4927 at the time of reporting according to metrics provided by CoinGecko. The sudden spike in MATIC in the past few months has been attributed to a high rate in its blockchain adoption by major decentralized financial platforms including SushiSwap, Aave, Curve Finance, and Open Sea.Polygon Network, previously known as the Matic...

The rapidly increasing popularity of PancakeSwap – the decentralized exchange running on Binance Smart Chain – has caught the attention of bad actors. The project warned that a group of scammers is promoting fake airdrops trying to lure victims into claiming them through a fraudulent link. Fake CAKE Airdrops The popularity of the DEX employing the Binance Smart Chain has gone through the roof in the past several months. The fast and cheap transactions resulted in high...

The New York wine seller Acker, Merrall & Condit, or simply known as Acker, announced it now accepts digital currencies as a form of payment at its auctions and retail store. The company supports some of the most popular cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, and Dogecoin. Acker Catches the Crypto Wave After the massive impact that the COVID-19 pandemic caused on global economies, many organizations turned their heads to the potential of digital...

ETH/USD – Market Trades Inside Symmetrical Triangle Pattern Key Support Levels: $2400, $2280, $2162.Key Resistance Levels: $2517, $2642, $2680. Etheruem saw a strong 10% price hike today as the cryptocurrency pushed higher from $2300 to reach the current level. With today’s movement, ETH managed to break the resistance at $2402.50 (1.414 Fib Extension) that it failed to close a daily candle above last week. If today’s daily candle can close above here, it will be a solid...