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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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....
Read More »Bitcoin Dominance at 7-Month Low: Polkadot Soars 20% To New ATH (Market Watch)
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,...
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