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Ethereum (ETH)

Tether (USDT) to Launch on Polkadot and Kusama

The largest stablecoin by market capitalization, Tether (USDT), has announced plans to launch on two more blockchains – Polkadot and Kusama. Tether aims to become the first-ever stablecoin operating on Polkadot, but it will first launch on Kusama due to the availability of parachains. USDT Goes on Polkadot and Kusama Tether Operations Limited is the company behind the most widely-utilized stablecoin – Tether (USDT). With over $40 billion of market capitalization, USDT...

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Ethereum Price Analysis: ETH Eyes Upside Break above $2,200

Ethereum price started a fresh increase above the $1,850 resistance against the US Dollar. ETH price is currently trading well above $2,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,080 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but the bulls are likely to aim more gains above $2,150 and $2,200. Ethereum price is now showing a lot of positive signs above $2,000...

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Anthony Scaramucci Bullish on Ethereum But Institutional Demand Goes to Bitcoin Only

After expressing a pro-Bitcoin opinion for several consecutive months, SkyBridge Capital’s Anthony Scaramucci has outlined the merits of the second-largest cryptocurrency – ETH. Although he admitted that most institutions are still focused only on BTC, he hinted that his company could launch an Ethereum Fund in the future as well. Scaramucci Positive on Ethereum The former White House Director of Communications has been quite vocal regarding the cryptocurrency space since the...

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Crypto Market Tops $2 Trillion As Bitcoin Price Eyes $60K Once Again

The crypto market has reached a new all-time high today and is now worth over 2 trillion dollars. The push from financial institutions has played a crucial role in boosting the price of several high-market cap currencies like Bitcoin, Ethereum, and others. Another Milestone for the Crypto Community While this is an excellent achievement for the crypto-space, many crypto-users believe an even greater bull run is ahead, considering the institutional push and adoption for...

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DEEPSTAKE Launching DeFi Staking and Yield Farming Platform

Deepstake is a staking platform that eases the staking of cryptocurrencies with deep liquidity. Interestingly, it automatically conforms to liquidity needs on a 24-hour basis.Deepstake Finance, a new protocol that powers an innovative staking ecosystem, has finally gone live, offering some of the highest yields on leading coins in the conventional crypto space and the decentralized finance (DeFi) sector.For example, staking Bitcoin with a lockup period of 30 days results in an annual...

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Mark Cuban: I’m Really Starting to Like Ethereum

In the past, it has appeared that Mark Cuban – a billionaire investor and owner of the Dallas Mavericks basketball team – was never a huge fan of cryptocurrency. While he acknowledged that bitcoin had a loyal set of followers and thus permitted BTC payments for Mavericks-related merchandise and tickets, he did not speak highly of the asset, claiming in the past that he would rather have “bananas” than BTC. Mark Cuban Is Getting Into BTC and Ethereum Now, however, some...

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US MLB to Employ NFTs for Bolstering Fan Insterest, Confirms Toronto Blue Jays’ CEO

The rapidly expanding popularity of non-fungible tokens (NFTs) has far exceeded the realm of the music industry and has reached the US Major League Baseball (MLB). The President and CEO of the Toronto Blue Jays recently said that his team and the entire league are actively looking for ways to employ NFTs to bolster fan interest in the sport. The MLB Heads for NFTs NFTs are arguably the hottest trend in the cryptocurrency space, perhaps only sharing the popularity crown with...

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Unicly, the Sushiswap Fork for NFTs, Readies for its Fair Token Launch

[PRESS RELEASE – Hong Kong, Hong Kong, 4th April, 2021] Unicly, an innovative project developing an ingenuous protocol to combine, fractionalize, and trade NFTs with guaranteed liquidity, is getting ready for an imminent launch on Ethereum mainnet. A Nonfungible token is a provably unique representation of an item, usually a piece of digital art or video game item. NFTs come in many types and representations, sometimes referring to a single art piece, and sometimes an entire...

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Ethereum Price Analysis: Bulls Defend $2,000 as ETH Slips Away From ATH

ETH/USD – Buyers Defend $2000 and Eyeball ATHs Again Key Support Levels: $2000, $1914, $1840.Key Resistance Levels: $2060, $2141, $2207. Ethereum started the month off on an extremely bullish tone as it pushed above $2000 to set a new ATH at $2141. There, it ran into resistance at a 1.272 Fib Extension level and was unable to break above it. As a result, it rolled over yesterday and headed lower. Today, ETH managed to find support at $2000, provided by a .236 Fib Retracement...

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This Explains Why Ethereum Broke ATH: Rising Network Activity and Declining Exchange Deposits (Analysis)

Ethereum has stolen the show in the past few days price-wise as the asset surged to a new all-time high at around $2,150 (as of writing these lines). While this may be surprising to some, on-chain data reveals the rapidly growing adoption of the network behind the second-largest cryptocurrency with new records for active addresses. Network Activity Behind ETH’s Latest ATH? The date was March 24th, and a market-wide correction wiped billions off the entire crypto space....

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