Ethereum (ETH)

The whole fever of DeFi and high-risk investments may soon turn into Ethereum’s worst nightmare, and those responsible for this debacle may not be the yield farmers.Rather, it could be the participants of a giant investment plan cataloged as a Ponzi/MLM scheme by several experts and authorities around the world.For those unfamiliar with the situation, Forsage is a high-risk project (financially and legally) in the Dapp ecosystem. Like other sad examples in the crypto industry such as...

The price of Ether has dropped significantly over the course of the last week. After peaking at $486 last Wednesday, ETH dropped as low as $320 before recovering to roughly $336, where it sat at press time.While we have witnessed a 30% price drop at the beginning of September, more than 68 Ethereum (ETH) whales have been making enormous transactions, adding millions in holdings that way.As per Crypto Twitter user Ali Martinez, data from analytics site Santiment shows the number of investors...

Ethereum’s price has been freefalling in the past few days, losing nearly $200 of value at one point. According to a recent report, the price drop came shortly after the top 100 ETH exchange addresses dumped over 1 million tokens.ETH’s Recent Price Dump Predicted By Sell-Offs?Just until a few days ago, ETH’s price was on a roll. The second-largest cryptocurrency by market cap soared to a 2-year high at about $490. With such an impressive bull run, the community wondered how long it would take...

Ethereum recovered 15% today after dropping almost as low as $300 on Binance.The coin has been on a freefall in September but recently bounced from the .618 Fib Retracement.Against Bitcoin, ETH dropped as low as 0.0311 BTC but managed to close the daily candle above the 0.0329 BTC support (.5 Fib).ETH/USD: Etheruem Bulls Attempting To Stall FreefallKey Support Levels: $324, $300, $280.Key Resistance Levels: $355, $364, $380.Etheruem has been in a freefall since the start of September as it...

Sushiswap is all the rage within the cryptocurrency community right now. The protocol that’s intended to be a fork of Uniswap had all eyes turned to it as the lead developer dumped all of his tokens on the market, essentially crashing the price of its native SUSHI token by more than 50%.However, since then, the lead developer has transferred control over the protocol to the CEO of FTX, which was seen as a boost of confidence by the community. Consequently, the price surged.Sushiswap Lead Dev...

Bitcoin continues above $10,000, while Ethereum’s free fall has only intensified in the past 24 hours.The DeFi space is also facing major hurdles, but over the past few hours, a lot of DeFi coins have bounced following new developments with SUSHI.Bitcoin Fights To Stay Above $10KAs CryptoPotato reported yesterday, Bitcoin bottomed at about $9,825 (on Binance). The asset managed to recover some ground in the next few hours to approximately $10,200.Bitcoin bounced off the critical support at...

Just four days ago, one Bitcoin was trading for over $12,000. However, the cryptocurrency markets followed the global markets, and as of writing these lines Bitcoin fights to close the daily candle above $10,000.If the bad blood coming from the equity markets was not enough, then came the SUSHI sell-off by its creator. This led the defi tokens, mainly Ethereum, to severe drops, which did not skip Bitcoin as the primary cryptocurrency.As of now, Bitcoin marks $9850 as of today’s low, which is...

Earlier on Saturday, the lead developer behind the popular Sushiswap protocol sold all of his tokens, causing a massive drop upwards of 50% in the token’s price.Elsewhere, the entire cryptocurrency market is feeling the pressure as the total capitalization is down by more than $11 billion in the last few hours.Sushi Seloff Headstarts a Market CollapseCryptoPotato reported earlier that the lead developer of the popular Uniswap fork, Sushiswap, swapped all of his tokens for ETH. In a trade...

The only way to know if Ethereum can outperform Bitcoin in 2020 or 2021 is to ask — is Ethereum a good investment? Because a good investment is more than just the price of something versus something else. A good investment requires a number of boxes to be checked. Let’s see how many of these boxes Ethereum can check off. Ethereum’s Price — Is it Accurate? The price of an investment should reflect its value. If the price is lower than it’s value then an investor will typically...

The number of web developers building applications on Ethereum has increased year-on-year since 2018. According to data from npm.stat, which displays the number of times a JavaScript code library has been downloaded, more Ethereum-specific code packages were downloaded in 2020 than in 2018 and 2019 combined.Ethereum ‘Buidlers’ Keep on BuildingThe two most commonly used JavaScript libraries in Ethereum are Ethers.js and Web3.js. Seen below, courtesy of ChainShot.com, the use of both code...