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Ethereum (ETH)

Harmony Joins Hands with Knit Finance to Promote Synthetic Cross-Chain DeFi, ONE Price Shoots 10%

This partnership creates a win-win for both Harmony and Knit Finance. Users can use the Harmony (ONE) token on the Knit Finance marketplace, whereas Knit can unlock several other potential use cases in DeFi.On Monday, May 17, Harmony, the sharding protocol with a trustless Ethereum bridge, announced its partnership with Knit Finance. Soon after the news, Harmony’s native crypto ONE token has shot 10%. At press time, Harmony (ONE) is trading at a price of $0.16 with a market cap of $1.5...

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Cook Finance Announces Launch of Testnet Version for Community Feedback

[PR – Sunnyvale, United States, 17th May, 2021] The cross-chain decentralized asset management platform Cook Finance today announced the launch of its first DApp on Ethereum Rinkeby Testnet. The project has also invited its community members to preview the Testnet platform and share their feedback to help improve it. Soon after the Testnet version, Cook will then launch its Columbus version on the Ethereum Mainnet. The excitement around the Testnet launch of the Cook Finance...

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Ethereum Price Analysis: ETH Battles With Critical Support Following 8% Daily Drop

ETH/USD – Ether Attempts To Hold 20-Day MA Key Support Levels: $3430, $3250, $3140.Key Resistance Levels: $3750, $3800, $4000. Etheruem fell beneath its rising price channel over the weekend as it rolled over from above $4000 and dropped on Saturday. The cryptocurrency had been trading inside this channel since the end of April, which allowed it to go on a strong bull run over the past two weeks to set a new ATH at $4373. Today, ETH continued to slide lower as it spiked down...

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Dfinity’s Internet Computer (ICP) Continues on Its Price Decline amid Ongoing Market Correction

The price of ICP is down. While Bitcoin is leading the market correction, the top altcoins including Ethereum (ETH) have also been dragged into the nosediving market.The price of the Dfinity’s newly launched blockchain web protocol, Internet Computer (ICP) has continued to bear the brunts of the ongoing global crypto market correction.Despite the coin’s price falling from its debut price of $731 to $258 over the past weekend, the network’s native digital currency has continued to nosedive....

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$2.4 Billion Liquidated in a Day Following Elon Musk Bitcoin Debacle (Market Watch)

Elon Musk continues to drive volatility in the crypto market as bitcoin fell by $7,000 in a day before it recovered $3,000. Most altcoins are also deep in the red, with ETH dipping below $3,500 and BNB beneath $500. Bitcoin’s 24H Wild Ride It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t that long ago as it traded above $58,000 on May 12th. However, Elon Musk’s statement that Tesla had stopped receiving BTC payments for its electric...

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Ethereum Co-Founder Vitalik Buterin Burns $6.7 Billion in Shiba Inu (SHIB) Tokens

Vitalik Buterin, who was gifted half of Shiba Inu’s total supply, has burned 90% of his holdings worth nearly $7 billion. The Ethereum co-founder further said he would allocate the remaining 10% to charitable organizations while also praising the “dog token community” for its generosity. Buterin Burns $6.7B in Shiba Inu The Dogecoin rise to the top led to the creation of numerous copycats that garnered significant attention in the past several weeks. Perhaps none became more...

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The Rise of NFTs: Exploring the Use Cases Beyond the Art Industry

[Featured Content] Non-fungible tokens will surely go down in the history books of the cryptocurrency saga. Despite marking its powerful comeback in 2021, this mania still bears the strong scent of the crowdfunding trend. A considerable amount of time has gone after the insane popularity of CryptoKittens Dapps that managed to take down the whole Ethereum network back in the day. The new market development spiral can ring the bell again and attract more sharks due to the...

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Did Vitalik Buterin Cause a Drop in Crypto Prices?

Earlier today, it was announced on Live Bitcoin News that the price of BTC had taken a drastic fall thanks, in part, to actions taken by Elon Musk, who announced that his company Tesla had decided not to accept bitcoin payments for goods and services. As it turns out, the price of BTC – along with several other leading altcoins – may have also fallen thanks to Vitalik Buterin, the co-founder of Ethereum. Vitalik Buterin Moved a Bunch of Money Buterin has donated more...

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Wird Ethereum Bitcoin als Nummer 1 Cryptocoin ablösen?

Elon Musk hat den Markt mit einem Tweet in eine Rezession gestürzt. Im Schnitt verloren die führenden Cryptocoins zehn Prozent, nachdem Musk auf Twitter verlautete, dass Bitcoin nicht umweltfreundlich sei und Tesla den BTC nicht mehr als Zahlungsmittel akzeptieren wird. Doch wenn wir den BTC mit dem ETH Kurs vergleichen, dann konnte Ethereum sogar weiter zulegen. Bitcoin News: Wird Ethereum Bitcoin als Nummer 1 Cryptocoin ablösen?Seit Mitte April konnte Ethereum seinen Kurs im Vergleich zum...

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Cardano (ADA) Price Hits ATH of $2.18, Bitcoin Struggles Around $50K

The Proof-of-Stake Cardano surged 18% today smashing past $2 for the first time and hitting its new all-time high. Cardano co-founder Charles Hoskinson said it is 1.6 million times more energy-efficient than Bitcoin.After this week’s major market correction, the cryptocurrency market, especially altcoins, has recovered strongly. Earlier today, Cardano (ADA) price surged all the way to its new all-time high of $2.18. The Cardano (ADA) valuations touched $70 billion making it the fourth-largest...

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