Ethereum (ETH)

The data from Messari shows that all the platforms built on Ethereum have a combined market cap of $63.7 billion. This is nearly 20% of the total market capitalization of the coin.Ethereum has proven to be the most valuable asset class in 2020. This was reported by Messari, the market data aggregator firm. According to them, Ethereum and decentralized apps built on it have shown massive appreciation with a 130% year to date growth.This is coming in the heels of a market slump associated with...

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Litecoin price gained bullish momentum above the $45.00 and $50.00 resistance levels against the US Dollar.LTC price traded to a new monthly high at $58.07 and settled above the 55 simple moving average (4-hours).There is a short-term contracting triangle forming with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could start a fresh rally if it clears the $55.50 and $56.00 resistance levels in the near term.Litecoin price is trading in a...

Following a steady recovery from $216, Bitcoin Cash pushed above the crucial $280 level with 25% gains in 7 days. Against Bitcoin, the price continues to remain in a consolidation phase after three months decline. BCH/USD: BCH Waiting After A Slight Breakout Key Resistance Levels: $352, $409, $428 Key Support Levels: $280, $258, $245 BCH/USD. Source: TradingViewFollowing the massive surge in Bitcoin’s and Ethereum’s price, Bitcoin Cash has also seen decent growth over the...

Ethereum went live five years ago changing the entire blockchain and crypto sector with developers envisioning a new form of money and social interactions and it has so far revolutionized the nascent industry.Five years ago, an ambitious project went live. The ETH network changed the landscape of the crypto and blockchain sector. The developers envisioned a world computer era that would change money and social interactions significantly. It was designed to push boundaries of what might be...

Messari crypto researcher, Ryan Watkins, has recently delved into the market values of the decentralized finance sector, comparing it to some of the other players in the crypto industry. He concluded that DeFi is still a minnow despite its massive growth in popularity this year.The entirety of what we call DeFi is worth less than both XRP and Bitcoin Cash alone.Despite its rerating over the past couple months, DeFi is still extremely small in perspective.1/ pic.twitter.com/rd4LZbDeu6— Ryan...

Grayscale Investment, operators of the largest crypto hedge fund, is close to reaching a $5B valuation after adding $500M to its assets under management (AUM) is less than a week. Meanwhile, other cryptocurrency funds like Tetras Capital are shuttering after low returns despite market-wide recovery since Black Thursday. Grayscale Crypto Fund AUM at $4.8B Tweeting on Monday, Grayscale revealed that its crypto fund AUM was currently at $4.8B. Comparing with the figures from five days ago, it...

For the first time in the history of Ethereum, its futures contract has generated unprecedented interest as it has eclipsed $1 billion. This indicates that the biggest altcoin of the coin market enjoys greater adoption, sending signals that speculators are backing Ethereum for the future. According to Skews, the market Analytics firm, this comes on the heels of the current price movement as the platform prepares for Ethereum 2.0. Futures contracts are based on speculations that the price of...

Ethereum saw a small price drop today as the coin falls to $316. This comes after ETH managed to increase by a total of around 30% this week. Against Bitcoin, Ethereum reached as high as 0.0317 BTC but has since dropped to 0.0288 BTC. ETH/USD: Bullish Push Stalls At $323 Key Support Levels: $306, $300, $288Key Resistance Levels: $323, $333, $342. Ethereum went on a rampage over the past week after breaking the previous consolidation phase at $250. The coin continued higher as it broke above...

A1 recently announced that users of its cashless payment app can now conduct crypto payments which retailers will receive in fiat.Austrian A1 Telekom (WDAG: TKA) has introduced the use of crypto for payment. According to a report on the company’s website, A1 Payment now accepts digital currencies like Bitcoin, Ethereum, and Dash for cashless payments. With this development, retailers in Austria will have other payment options apart from common methods with Maestro or credit cards.On the 27th...