A new report is out thanks to the work of both Tie and the cryptocurrency exchange e-Toro. According to the document, cryptocurrencies everywhere are continuing to mature at a rapid rate.e-Toro Lets Us in On New Data About CryptoThe latest material in the report contradicts several anti-crypto theories that they are either not real assets or are strictly driven by the fear of missing out (FOMO). In addition, cryptocurrencies are suggested to be completely unique and do not share market...
Read More »Exchange-Custodied Bitcoin DeFi Outperforms Trustless Solutions
Although the Bitcoin blockchain lacks the infrastructural model to enable interoperability and power a DeFi landscape like Ethereum, the asset is increasingly being used to provide liquidity in the DeFi market.Without any doubt, the Ethereum blockchain remains the core foundation of the DeFi narrative due to the ever-growing network of applications and developers relying on its infrastructure to power innovative financial systems. Hence, for a while, it was almost impossible for crypto...
Read More »Börse Stuttgart Digital Exchange führt Handel mit Ethereum, Litecoin und XRP ein
Börse Stuttgart Die Börse Stuttgart Digital Exchange (BSDEX) ist Deutschlands erster regulierter Handelsplatz für digitale Vermögenswerte. Zusätzlich zum Währungspaar Bitcoin/Euro hat die BSDEX nun den Handel von Ethereum, Litecoin und XRP gegen Euro eingeführt. Ebenfalls neu ist die Möglichkeit, Ethereum, Litecoin und XRP aus einer privaten Wallet zur BSDEX zu übertragen. Die...
Read More »Near-Doji Day for Bitcoin, Modest Correction in Ethereum
On Wednesday, 14th October, BTC/USD was trading in the price range between $11,430 and $11,568.Bitcoin Takes a Day Off in VolatilityStarting at 11,436, BTC/USD advanced slightly to $11,500. Then the pair was trading mostly sideways until 13:00 UTC, when a moderate spike to the day’s high at $11,568 followed. However, the gains were very short-lived and retraced back down to $11,420 in the next hour. Later in the day, the pair slipped to $11,325 but bounced off the day’s lows to $11,429 at the...
Read More »Over 60% Of All ETH Hasn’t Moved In More Than A Year: Will Ethereum 2.0 Change That?
Ethereum investors prefer to HODL their assets, according to recent data. About 60% of all ETH tokens haven’t moved in at least one year. The question remains how and if this trend will change in the following months after the launch of the long-anticipated Ethereum 2.0, enabling investors to stake their ETH holdings. ETH Investors In HODLing Mood The “Hold Wave” chart provided by the analytics company Glassnode displays a macro view of how long a given coin is held before...
Read More »Bitcoin Price Stalls At $11,400 While Altcoins Mark Minor Losses (Market Watch)
Apart from a brief spike to above $11,500, Bitcoin has remained relatively calm around $11,400 in the past 24 hours. Most alternative coins have marked minor losses, with Ethereum dipping below $380 and Ripple beneath $0.25. Bitcoin Stays Around $11,400 As reported yesterday, Bitcoin traded around $11,400, despite US President Donald Trump’s call for additional economic stimulus. In the past 24 hours, BTC initiated a leg up towards its daily high of $11,550 (on Binance)....
Read More »Litecoin (LTC) Price Analysis: Key Supports Nearby, Bulls In Control
Litecoin price traded above the $48.00 and $50.00 resistance levels against the US Dollar.LTC price is currently trading above the $48.50 support level and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $48.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its upward move unless it breaks the $48.50 support zone in the near term.Litecoin price is showing positive signs above $48.00 against...
Read More »Ethereum Bulls Back in Town Following 13% Weekly Increase (ETH Price Analysis)
ETH/USD – Bulls Spike Into Bearish .5 Fib Retracement. Key Support Levels: $376, $364, $356.Key Resistance Levels: $396, $400, $410. Ethereum has been on a bullish footing since breaking out of the consolidation phase last week. Over the past seven days, Ethereum managed to rise by a total of 12% to reach the current level. It had surged higher at the start of this week as it reached as high as $396, where it ran into resistance at a bearish .5 Fib Retracement level. It has...
Read More »Investor Loses 940 ETH ($360K) Overnight with YFI Founder’s Newest ‘Experiment’
Andre Cronje, the founder of the popular Yearn Finance protocol and its governance token YFI, deployed another ‘experimental’ contract yesterday. Expectedly, a lot of people bought the token despite Cronje’s warnings, and most of them ended up losing money. One investor, in particular, put in 1000 ETH in the token, and his stash is currently worth about 80 ETH. Regardless, a lot of prominent commentators and industry experts have spoken out that, at some point, it becomes...
Read More »Ethereum 2.0 Zinkel TestNet Gives Reassurance for Launch in 2020
The progress made with the Ethereum 2.0 testnet Zinkel, Medalla as well as others, gives a renewed hope of the migration of the network before the end of this year.The proposed 2020 launch of Ethereum 2.0 just got a pat in the back following the successful launch of the Zinkel testnet. Per reports from Cointelegraph, the Ethereum 2.0 Zinkel testnet is the network’s first trial that beat expectations as it gave the expected results within minutes of launch.With months of work put into the...
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