Ethereum (ETH)

Bitcoin is doing rather well as of late, but among all the reasons why, one of them has really got advocates scratching their heads. It looks like the world’s number one cryptocurrency by market cap is getting a lot of support from its biggest competitor: Ethereum.Ethereum Has Really Moved BTC ForwardAs the second-largest cryptocurrency in the world, Ethereum was introduced in 2015, roughly six years after bitcoin was first brought to the trading table. The currency is widely recognized for...

In the DeFi world, Opium is renowned for the provision of various credit default swap-like products, including those of wBTC and Aave.Crypto derivatives platform Opium has managed to raise almost $3.25 million in a new funding round. Sam Bankman-Fried’s Alameda Research, Kenetic Capital and QCP Soteria, Hashkey Group, CMS Holdings and Galaxy Digital are some of the investors involved in this new fresh cash injection. Through the funding, The Amsterdam-based startup will enable users to users...

Ethereum price started a fresh decline from well above $392 against the US Dollar.ETH price is currently trading below the $385 support and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $397 on the 4-hours chart (data feed from Coinbase).The pair is testing the $372 support and there is also a major support at $365.Ethereum price is declining and trading below $390 against the US Dollar. ETH/USD must stay above the $365 support to...

As the U.S. election remains a hot topic for the world, Bitcoin price seems to be on a significant rise and fall trajectory. A price drop even came at a time when BTC blew out its 12th birthday candles.Over the past couple of days, while the election in the U.S. was coming closer, Bitcoin continued to register an impressive run hitting even several new yearly highs. Bitcoin was heading towards $14,000, and other projects followed suit. Crypto markets on Friday, just before Bitcoin White Paper...

ETH/USD – Ethereum Resting At Trend Line Support Key Support Levels: $377, $364, $360.Key Resistance Levels: $390, $400, $410. Ethereum struggled to break the resistance at $416 (bearish .618 Fib) earlier in October which saw the coin heading lower this the past week. During the weekend, Ethereum managed to rebound from $380 and push as high as $390. Today, the bulls spiked above $400 but the coin has since dropped to the current level at $380. It is resting at the support...

The Reserve Bank of Australia has partnered with two major local banks and ConsenSys to explore the potential use of Ethereum-based wholesale central bank digital currency. The announcement from Australia’s central bank named the other partners – Commonwealth Bank, National Australia Bank, and the financial services company Perpetual.  The research group will develop a “proof-of-concept (POC) for the issuance of a tokenized form of CBDC that can be used by wholesale market...

The latest blog post from ConsenSys developer Ben Edgington suggests that things are getting very close to the highly anticipated launch of Phase 0 of Ethereum 2.0. The first part of this milestone event is the deployment of the deposit contract which has already been slightly delayed as developers wanted to wait for an audit on a performance and security focused signature library called blst. Edgington stated that the results of this are expected this week although there are...

CryptoPotato recently had the opportunity to interview Brian Kerr – the CEO of the DeFi project Kava. Built on Cosmos as a proof-of-stake blockchain, Kava allows users to stake tokens and participate as validators in the network. The project saw the light of day as an IEO on Binance Launchpad. Kerr’s project description said it’s a “stand-alone blockchain that has interoperable bridges, Chainlink oracles, unique validators, and other infrastructure that allows it to provide a...

NEO galt lange als die chinesische Version von Ethereum. Mittlerweile ist das NEO Blockchain Projekt komplett international aufgestellt. Mittels einem kurzen Statement, welches an die gesamte Community des bekannten Krypto-Projekts „Neo“ gerichtet war, hat die Neo Foundation einen kurzen Rückblick über die erfolgreichen letzten Jahre des Krypto-Projekts gegeben und zudem einen...

Bitcoin The Bitcoin price surge continued this week and it managed to increase by 4.5% to reach $13,60 at the time of this writing. The coin was trading slightly above $13,000 last Friday and moved sideways along this level over the weekend. On Tuesday, Bitcoin started to surge higher as broke resistance at $13,415, climbed above $13,500, and reached the resistance at $13,815 (1.272 Fib Extension). The bulls could not close a daily candle above this resistance, which led to...