Ethereum (ETH)

Popular trading app Robinhood has announced it’s looking to add a healthy number of staff members to its cryptocurrency department due to the increasing demand for and interest in digital currencies. Robinhood Will Build on Its Digital Currency Offerings Crypto has no doubt come a long way over the past several months. Bitcoin, for example, was initially trading for less than $4,000 during March of last year. Today, it is worth nearly $60,000. The currency has...

It was a tough week in the cryptocurrency market as the majority of it is in the red. The big exception this week is THETA which skyrocketed and found a place in the top 10.BitcoinBitcoin is down by a total of 8% over the past week of trading as the cryptocurrency currently trades at $53,330. It attempted to break resistance at $60,000 last weekend but failed. As a result, it started to head lower on Sunday and went on to break beneath the March ascending trend line on Monday.After that,...

The L2 solution has been highly anticipated especially by most Defi projects that run on the Ethereum mainnet.High transaction fees that have characterized the Ethereum ecosystem are expected to continue being a challenge until July, according to project insights reported by Cryptonews.com. The Ethereum community was expecting the layer 2 scaling solutions to be deployed in March but the developers have pushed the launch up until July.According to the developers who spoke to the media outlet,...

The founder of Cardano, Charles Hoskinson, tuned in through another video, explaining some of the next steps ahead of the team. In the laid-out roadmap, he outlined that a testnet for the long-awaited smart contracts on Cardano should be rolled out in late April or early May.Cardano Smart Contracts Getting CloserAt the time of this writing, Cardano’s native cryptocurrency, ADA, is trading at around $1.20 and sits on a market cap of almost $40 billion. This makes it the fourth-largest project...

Cardano poses a serious risk to Ethereum and is taking great strides towards overtaking it.As 2021 has progressed, one thing in the world of financial markets has become clear: cryptocurrencies have now entered the mainstream. With the likes of Bitcoin achieving unprecedented growth, the race is on for who is number 2 when it comes to crypto. With Ethereum previously sitting comfortably in that spot, it appears that Cardano may be hot on its heels and looking to take its place. Given that the...

Institutions taking profits and rising interest rates have pushed bitcoin down in the past week, said the Director of Research at Forbes Crypto – Steven Ehrlich.Simultaneously, he outlined Ethereum’s growing adoption among institutions and the role it plays behind DeFi and NFT as the main reasons why ETH has outperformed BTC last year and continues to do so in 2021.Bitcoin’s Run Is in Exhaustion PhaseEver since October 2020, the primary cryptocurrency has been on a roll that saw its price...

Despite dumping by nearly $10,000 in a few days, bitcoin’s price has still increased by about 80% in the first quarter of the new year. This makes it the best-performing Q1 in eight years, and history shows that it could propel an even more impressive Q2.BTC’s Best Q1 in Eight YearsThe primary cryptocurrency entered the new year at around $29,000. It didn’t take long to reaffirm its bull run and overcome several round-numbered milestones such as $30,000, $40,000, $50,000, and just a few weeks...

Kevin O’Leary – aka Mr. Wonderful on “Shark Tank” just keeps changing his mind on bitcoin. Not that there’s anything wrong with that, but he suggests he’s able to change his mind considering how accepting society has become of the world’s number one digital currency by market cap. O’Leary Felt He Couldn’t Talk About Bitcoin in the Past In a recent interview, O’Leary commented that at one point in time, it was rather difficult to like bitcoin or admit one liked it...

Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.Since the start of the week, the prices of Bitcoin (BTC), and Ethereum (ETH) have experienced a heightened level of volatility, pushing them from resistance level to new support at relatively short intervals. While the market showed promises of revival yesterday, a twist has been introduced, pushing both coins even to their lowest points in the past...

Skrill digital wallet users in the selected states can now purchase Bitcoin, Ethereum, Bitcoin Cash, and Litecoin through Coinbase.Paysafe Group Limited subsidiary Skrill digital wallet has partnered with Coinbase to venture into the United States crypto market. Through the partnership, Skrill digital wallet customers across 37 states and territories can now access the crypto market through the Coinbase cryptocurrency exchange.Paysafe through Skrill has taken notable steps to venture into the...