[Featured Content]The cryptocurrency industry is booming throughout the past year, and the increase in the total market capitalization is definitive proof.The market is, at the time of this writing, valued at about $1.5 trillion. The same can be said about the DeFi industry. The total value locked in various protocols exceeds $39 billion, and the direction has been up only for quite some time.However, this has also brought certain inefficiencies in different solutions, including Ethereum....
Read More »PayPal envisage d’acquérir Curv
Selon Coindesk et le média israélien Calcalist, PayPal serait actuellement en train de négocier l’acquisition de Curv, société spécialisée dans la conservation de cryptomonnaies, pour un montant allant de 200 à 500 millions de dollars selon les sources. Ni Curv, ni PayPal n’ont pour l’instant commenté cette information. Si elle se confirme, cette acquisition marque une nouvelle étape dans...
Read More »Ethereum Price & Technical Analysis: ETH Will Use Any Chance to Grow
Yesterday the ETH grew noticeably, and on Tuesday, March 2nd, it keeps looking for a foothold, trading at 1,541 USD. The market looks clearly positive.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.On D1, ETH/USD keeps trading under 23.6% Fibo. The MACD histogram is below zero and keeps declining, which is a signal for a correction. Meanwhile, the signal lines of the indicator have formed a Black Cross, which is another reason for a pullback. Judging by the previous dynamics, the...
Read More »Green on The Crypto Screens Following Wall Street: BTC Touched $50K (Market Watch)
After several consecutive days of price drops, bitcoin initiated an impressive leg up yesterday and even touched the coveted $50,000 tag. Most alternative coins have also reacted positively, including ETH overcoming $1,500, LINK nearing $30, and BNB reaching $250.It’s worth noting traditional financial markets are also recovering. Yesterday, the S&P 500 is up by more than 2%, the NASDAQ Composite – by more than 3%, and the NASDAQ 100 by almost 3%.Bitcoin Taps $50K AgainEver since BTC...
Read More »Ethereum Price Analysis: ETH is Facing Uphill Task Near $1,650
Ethereum price corrected lower towards the $1,300 zone before recovering higher against the US Dollar. ETH price is currently trading well above $1,500 and the 55 simple moving average (4-hours). There was a break a key bearish trend line with resistance near $1,480 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher if it clears the $1,650 and $1,700 resistance levels in the near term. Ethereum price is recovering from $1,300 against...
Read More »Japanese E-commerce Rakuten Incorporates Bitcoin, Ethereum and Bitcoin Cash to Its Platform
Rakuten users will be able to shop using Bitcoin, Ethereum, and Bitcoin Cash.Japanese e-commerce and online retailing company Rakuten Inc (TOKYO: 4755) has added crypto services to its payment platform. According to an announcement through its official webpage, Rakuten users will be able to shop using Bitcoin, Ethereum, and Bitcoin Cash.The move by Rakuten to adopt cryptocurrencies in its platform is a major plus for the entire crypto market. The firm is reported to have over 95 million...
Read More »American DJ 3LAU Sells The World’s First NFT Collection of a Music Album for $11.6 Million
Can you imagine having an album of your favorite artist, with a song made to your specifications and that only you could listen to it? How much would you pay for that privilege?The well-known American DJ 3LAU wanted to find out. His fans are willing to pay millions: Specifically, $3,666,666 for one song and over 11 Million collectively for an entire collection of digital art tokenized on the blockchain in the form of NFTs.Step Aside, Billboard!The auction for 3LAU’s Ultraviolet album...
Read More »Polkadot Gears Up for Parachains Launch: Unveils ‘Common Good’ Parachains
Polkadot, the interoperable blockchain protocol spearheaded by Ethereum co-founder Gavin Wood, has announced its forthcoming parachain launch.Parachains – application-specific blockchains that connect to the main network and benefit from its security and computing capacity – are viewed as the building block of Polkadot’s ecosystem. Initially, the plan was for 100 parachain slots, with an auction process determining who gets to ‘lease’ parachains for defined time periods.However, according to...
Read More »ETH Price Analysis: After Losing 30% This Week, Ethereum Facing Crucial Support At Previous ATH
ETH/USD – Market Returns To January 2018 Previous ATHKey Support Levels: $1400, $1291, $1250, $1200.Key Resistance Levels: $1400, $1465, $1500, $1600.Ethereum is now down by a total of 30% over the past seven days of trading. The cryptocurrency had spiked above $2000 only last week as it hit the upper boundary of the following marked ascending price channel. From there, the coin retraced, broke down the price channel and lost over $600 of its value.It happened on Monday, that ETH price closed...
Read More »Binance CEO: Ethereum is For The Rich Guys, But Soon They’ll Be Poor
This is Binance Smart Chain’s time to shine, and the Binance CEO CZ knows it and is ready to take advantage of it.The increasing use of DeFi protocols, dApps, and applications built on top of Ethereum, has overloaded the network to the point where its fees are almost unsustainable. Several blockchains are vying to emerge as the new Ethereum killer, and CZ is rooting for BSC as the best option.CZ has been known to be a funny yet respectful guy when it comes to measuring his words. Still, his...
Read More »