Bitcoin’s inability to overcome $60,000 has caused him a massive chunk of its dominance in the past few weeks as the metric is down to a 7-month low well beneath 60%. In contrast, some altcoins have charted impressive gains, including new all-time high records for Ethereum and Polkadot. Polkadot’s ATH Takes it to 4th Place The past several days have been quite bullish for the altcoin market. Ethereum led the charge with several consecutive green daily candles, resulting in...
Read More »Was ist DeFi? Decentralized Finance – Nur ein Hype oder die Zukunft?
Was ist DeFi – Kurze Übersicht Decentralized Finance, kurz DeFi, bilden herkömmliche Finanzprodukte mit Hilfe von Smart Contracts auf verschiednen Blockchains ab. DeFi bietet im Gegensatz zur Bitcoin HODL Mentalität, neue und vielfältige Möglichkeiten seine Coins einzusetzen. In 2019 und 2020 steigt die Zahl der Anwendungen und Nutzer insbesondere bei Ethereum stark an, doch Binance Smart Chain (BSC) und Tron (TRX) verzeichnen starkes Wachstum. Erfolgreichsten Projekte sind auf Ethereum...
Read More »Bitcoin Closes Best Q1 Ever Looking to Reclaim $60K: The Weekly Crypto Recap
This week was undoubtedly bullish for the entire cryptocurrency market, which came inches away from $2 trillion. This happened as Bitcoin looks to reclaim $60K, Ethereum surged above $2,000, and BNB saw a brand new all-time high. In retrospect, it was up only for the entire market during the last seven days. Bitcoin started trading at around $54K and progressed slowly but steadily through the week. On Monday, the price skyrocketed to above $58K before another leg up Tuesday,...
Read More »PayPal Is Now Allowing Customers to Pay with Crypto
Early this week, PayPal began allowing cryptocurrency payments through its platform. The company has been on track to become a major haven for crypto-related activity since October of last year, and the platform’s goals just got much more serious. PayPal Says “Yes” To Digital Currency Payments While the service isn’t available to everyone just yet, many of PayPal’s users – when they purchase items – will be given several payment options when it’s time to check out, some...
Read More »Ethereum (ETH) Breaks All-Time High Following 7% Daily Price Increase
Ethereum has been on a roll in the past week or so by gaining over $500 of value. This has resulted in a new all-time high reached today of over $2,080. Just a little over a week ago – on March 24th – ETH dropped to a low of $1,520 during a market-wide retracement that drove all crypto assets south. However, the second-largest crypto has decisively reversed the trend since then. In the following nine days, ether added about $500, which led to breaking above $2,000 earlier...
Read More »Crypto Price Analysis & Overview April 2nd: Bitcoin, Ethereum, Binance Coin, Cardano, and Polkadot
This week was undoubtedly bullish in the cryptocurrency market. The major coins saw serious increases. The same is true for small-cap cryptocurrencies, as the notion of a booming altcoin season is strengthening. Bitcoin Bitcoin is up by a strong 15.8% this week as the cryptocurrency starts to push back toward the $60,000 level. It found support at the 50-day MA last week, at around $50,200, and started to rebound. Throughout the course of the week, Bitcoin managed to push...
Read More »Ethereum Price Trading Above $2,000, Mark Cuban Says ETH Is ‘Closest to a True Currency’
Ethereum price is now up 1365% in the past year and over 33% in the past one month according to CoinGecko.Ethereum price has begun April on a positive note after consolidating for the past two months. The asset just broke above the $2000 level for the second time on the higher timeframe. According to market data provided by Coinmarketcap, Ethereum price was hovering around $2,000 after adding approximately 2.64% in the past 24 hours, while some prominent investors, including Mark Cuban,...
Read More »BNB Price Hits ATH, Solidifies Its Position as Third Crypto by Market Cap
With its use as the primary cryptocurrency powering the fast-rising Binance Smart Chain network, now being tagged as an Ethereum killer thanks to its advantages, the Binance Coin has received a remarkable boost.Binance Coin (BNB), the cryptocurrency native to the Binance exchange has soared to a new all-time high (ATH) in price following increased buying sentiments that have lasted for days. The coin has also bolstered its rally drawing on the bullish momentum in the broader market. Binance...
Read More »ParallelChain and XPLL: Solving Critical Issues in Existing Blockchains to Further Adoption
[Featured Content] Blockchain technology is growing in popularity at a rapid rate. From downright retail applications to complex enterprise solutions and even governmental infrastructure, the power of distributed ledgers has been recognized as a revolutionary development for applications and building Web 3.0. When discussing blockchains, it’s impossible to disregard Bitcoin and Ethereum. They are considered the most secure and widely-adopted networks for a reason. They serve...
Read More »Aave Exploring Polygon’s Layer 2 System to Provide Scalability and Cheaper Transactions
Aave, the third-largest non-custodial lending protocol, is taking a multi-market approach and exploring scalability solutions in a project called “New Frontiers.” Aave is now exploring Polygon (formerly known as Matic), an Ethereum layer 2 protocol that enhances scalability using an adapted version of the Plasma framework. The Polygon sidechain system will be the first to integrate Aave as part of this plan to bring scalability and low-cost transactions. DeFi Should Be for...
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