Ethereum (ETH)

The Syscoin Foundation announced that the Syscoin Ethereum Bridge would be used and explored by the stablecoin of the world’s largest exchange, Binance (BUSD).Per the agreement, BUSD will be available on Syscoin’s network. The stablecoin, issued by Binance and Paxos, pegged 1:1 with the US Dollar, is approved and regulated by the New York State Department of Financial Services (NYDFS).Syscoin’s Network to Feature BUSDAccording to a press release shared with CryptoPotato, the stablecoin issued...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 931. Heute sprechen wir über folgende Themen: US Banken Krypto Geschäft, Steve Wozniak verklagt Youtube aufgrund Krypto-Scam Videos & Vitalik Buterin will Ethereum Transaktionsgebühren Reform. 1.) US Banking Regulator Greenlights Crypto Custody at Federally Chartered Bankshttps://cointelegraph.com/news/us-banking-regulator-green-lights-crypto-custody-at-federally-chartered-banks 2.) Apple Co-Founder Steve...

Undoubtedly, 2020 will go down in history as the year Decentralized Finance (DeFi) has started to assert its control over the cryptocurrency industry. This development has been underscored by the rise of Compound as the leading DeFi lending platform, surpassing MakerDAO in value locked. Looking at the DeFi market as a whole, the total value locked in DeFi smart contracts rose almost fourfold since the turn of the year.Next to COMP, many other DeFi tokens such as Aave (LEND), Kyber Network...

The latest data from on-chain analytics firm, Glassnode shows that the dollar value of transactions on the Bitcoin blockchain has been steadily increasing. Also, crypto research firm Messari has dispelled misconceptions regarding the failure of public blockchains like Bitcoin and Ethereum as payment channels.Median BTC Transfer Volume up 100 Percent Since 2020 BeginningAs per a tweet on Glassnode’s official handle, the median Bitcoin transfer is standing at around $195. This marks a 100...

Just in March, Tether (USDT) had a market cap of $5 billion, today it has already reached a $10 billion mark.Digital currency Tether (USDT) has hit a landmark market cap of $10 billion advancing the surge in altcoins. The positive stride has also helped position the ‘United States Dollar backed’ cryptocurrency as the third-largest cryptocurrency to displace XRP following Bitcoin (BTC) and Ethereum (ETH).The announcement was made on Tether’s official Twitter account and it highlights the...

The cryptocurrency market was overwhelmed by bulls over the last 24 hours.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Bitcoin added 2% and was trading close to $9,400. Today, the asset is correcting. At the moment, any somewhat significant impulse is perceived as the start of another mid-term wave. However, this time these expectations may be justified....

Ethereum saw a small increase today as it attempts to break the resistance at $245.Against Bitcoin, Ethereum retested the 0.0263 BTC level.ETH/USD: Bulls Looking To Break Above Ascending Triangle.Key Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Ethereum was trading at the lower boundary of an ascending triangle pattern earlier in the weekend. From there, it rebounded and pushed higher to reach the current resistance at $245 (bearish .786 Fib Retracement).ETH has...

The continuous growth of the most widely utilized stablecoin Tether (USDT) has pushed its total market capitalization above the coveted $10 billion mark. On a monthly scale, the rise is even more impressive as it has doubled since March 2020.Tether Takes Over $10B Market CapTether, or as it was initially named – Realcoin, saw the light of day in 2014 as an innovative coin holding a stable value in an ever-fluctuating cryptocurrency market. The so-called stablecoin is pegged (almost) 1-to-1...

Often referred to as the ‘Chinese Ethereum,’ NEO has teamed up with the state-backed BSN to drive mainstream adoption. NEO will become one of the technological pillars of the BSN, which includes tech and payment giants such as China UnionPay and China Mobile, in addition to the Chinese State Information Center, the official announcement stated.It’s official! United by our shared commitment towards greater #blockchain adoption and innovation #Neo and @bsnbase will work hand in hand to provide...

Litecoin price started an upside correction from the $41.50 support zone against the US Dollar.LTC price is now trading well below the $42.50 level and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $44.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could struggle to clear the $44.50 and $45.00 resistance levels in the near term.Litecoin price is slowly moving higher towards $45.00 against the US...