Ethereum (ETH)

Coinbase Pro is one of the leading trading platforms in the United States and its support of Polygon, Skale, and SushiSwap makes a credible case for the growing strides of DeFi in the crypto sphere.Coinbase Pro has announced its support for three new digital assets including Polygon (MATIC), an Ethereum-based token that powers the Polygon Network, Skale (SKL), a leaderless consensus protocol, and SushiSwap (SUSHI), a decentralized exchange and automated market maker. According to the official...

Jack Dorsey, the CEO of one of the largest social media platforms, Twitter, will be converting the proceeds of the sale of the genesis tweet in Bitcoin and donate it to the GiveDirectly’s Africa Response Campaign.Earlier during the weekend, CryptoPotato reported that Jack Dorsey has put up the genesis tweet for sale.This became possible through a platform that allows individuals to tokenize and sell their tweets in the form of a non-fungible token (NFT).At the time, Justin Sun, the founder of...

It’s been approximately one year since the COVID-19 threat infiltrated the Western World and caused massive disruptions. Consequently, it has been a little less than twelve months since the US government initiated considerable relief packages and sent $1,200 to every adult earning less than $75,000 per year.While highly unlikely, this particular amount could have resulted in mindboggling returns if the US citizens had decided to allocate the funds in some assets. One stands out the most as...

The cryptocurrency market started the week on a good note with Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization breaking past the $50,000 psychological level, a great rebellion from the bear forces that has kept it down for days.The market has received renewed energy, and the appropriate palliatives to chart a new course evident in the current price movements today. At the time of writing and according to the price feeds obtained from CEX.IO, Bitcoin is trading at...

Protocol to be fully integrated and launch all its DeFi services on BSC.EasyFi’s decentralized lending platform is already available on Ethereum, the most popular smart contract platform, and Polygon, but it has now expanded through a new partnership. EasyFi will be bringing its unique defi lending platform to Binance Smart Chain, one of the fastest-growing blockchains in the industry. This will mark the third network that EasyFi is available on as it continues on its mission for complete...

Ethereum price found support near $1,280 and started a fresh increase against the US Dollar. ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours). There was a break a major bearish trend line with resistance near $1,550 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher towards the $1,920 and $2,000 resistance levels in the near term. Ethereum price is gaining pace from $1,300 against the US...

ETH/USD – Bulls Meet Resistance At Bearish .618 FibKey Support Levels: $1680, $1620, $1500.Key Resistance Levels: $1755, $1800, $1875.Ethereum is now up by a total of 21.6% over the past week as it hit the resistance at $1755 today (bearish .618 Fib). The coin had started heading lower toward the end of February until it found support at $1425 (previous ATH).It rebounded from there and it pushed higher into resistance at $1580 (bearish .382 Fib Retracement). It struggled at this level during...

Although Ethereum’s price has tumbled by a few hundred dollars since its peak in February, whales have continued to accumulate large portions of the second-largest digital asset. Recent data revealed that large ETH investors own nearly 70% of the total supply – the highest level since late 2017.ETH Whales At a 3-Year HighThe price of ETH has been on a roller-coaster since the start of the year. The asset entered 2021 at $720 before the bull run took it above the previous all-time high at...

[PRESS RELEASE – Please Read Disclaimer]Given increasing Ethereum costs and the high friction associated with L1, Polygon and Router are teaming up with leading crypto projects to enable instant, gasless trading, and farming for Defi.Background: Router Protocol is building a cross-chain liquidity protocol and the first node of the Router Protocol is Dfyn.network which is a functional AMM-based DEX on Polygon (Previously Matic). This yield farm will be based on Dfyn.network, i.e. the projects...

Historically, stimulus checks have been pumping the cryptocurrency market. Let us see if we see another round of bullish marathons this time. Today’s picks are AAVE, LINK and ETH.There was a theory that whenever the US Stimulus bill was accepted, the cryptocurrency market will skyrocket and the signing of the Bill by President Biden will establish a new bullish cycle. Yesterday, March 6, the Senate approved the $1.9 trillion bill, on Tuesday the House Democrats are expected to pass the bill...