“DeFi” might sound a little mysterious, but there is no reason to feel overwhelmed. It is just a portmanteau, which comes from compressing two familiar words: “decentralized” and “finance”. Both are at the core of the proposed operations, being currently developed in California’s famed Silicon Valley.It is true that both words were already used to describe cryptocurrencies for at least a decade. But DeFi is on track to build an interlocking financial system, using blockchain technology to...
Read More »Top 5 Cryptocurrencies to Follow in 2020
The total number of cryptocurrencies crawling all over the crypto space is now no less than a thousand. And more cryptocurrencies are rising by the minute.A little more than a decade since the first digital currency and we’ve had cryptocurrencies that failed their hyped potential and other ones that surprised us. In this article, we will be listing the top five cryptocurrencies you are better off paying attention to at the start of a new decade.We will touch on the past history, performance,...
Read More »Bitcoin Is Doing Well, but Will the Bears Soon Take Over?
Bitcoin has been doing quite well as of late. Over the past month, it has entered and stayed within bearish territory, and it’s currently trading for approximately $9,300.Bitcoin May Be Heading Back Down SoonYet, not everyone is convinced that everything is going to stay pleasant and positive. Many are worried that the currency is about to strike an anvil, and the bears are about to take over for good.Analysts are suggesting that bitcoin is above the “upper-band limit of the GTI Vera Band...
Read More »Ethereum Price Analysis: ETH Finally Breaks Above The Critical EMA-200 And Aims For $200
TL;DREthereum had increased by 6% over the past three days to reach the $185 resistance, before stalling.Against Bitcoin, ETH rebounded from the 0.0185 BTC to return to the 100-days EMA.Ethereum is now trading above the 200-days EMA as it sets sights to $200.Key Support & Resistance LevelsETH/USDSupport: $172, $165, $158.Resistance: $185, $194, $200.ETH/BTC:Resistance: 0.02 BTC, 0.0204 BTC, 0.021 BTC.Support: 0.0185 BTC, 0.0182 BTC, 0.0179 BTC.ETH/USD – ETH Breaks 200-days EMASince our...
Read More »CFTC Chairman: We Could See Ethereum Futures Launching Soon
Ethereum Futures might be the next significant product coming to the cryptocurrency scene, said the CFTC Charmain, Heath Tarbert.Furthermore, he expressed his hopes once again that the United States can lead the race for both digital assets and blockchain adoption. This aligns with Bakkt plans, as CryptoPotato reported this week.Ethereum Futures Coming Soon?Bitcoin has dominated the cryptocurrency Futures market, but Ethereum might soon have its own similar product, according to Tarbert. The...
Read More »Verasity Starts 2020 with Slew of Achievements and Promising Roadmap
Verasity, the attention-based rewards platform for content creators, finished 2019 on the right note. And 2020 is looking even better.The team has been working hard on key relationships, which culminated in its partnership with Jun Capital, a gateway to the lucrative Asian streaming market. Outside of promising professional relations, Verasity released its metrics for a fervent Q4 2019 that entailed a 20X increase in videos watched and a 10X increase in wallet registrations since the launch...
Read More »The Flippening: Stablecoins’ Transfer Value On The Ethereum Network Just Surpassed ETH
Stablecoins now have a larger share of value transferred on the Ethereum network than its native cryptocurrency – ETH.Even though the continuously increasing interest towards stablecoins appears as a concern to some, Changpeng Zhao believes that they are still needed for mass adoption.Stablecoins’ Flip On The Ethereum NetworkYesterday, new research by Messari, found out that ETH is no longer carrying the most substantial transfer value on the Ethereum network as stablecoins have surpassed...
Read More »#803 Ethereum Classic Kursrallye, Kommt jetzt Bitcoin Dump & Virgil Griffith Gerichtsverhandlung
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 803. Heute sprechen wir über folgende Themen: Was steckt hinter Ethereum Classic Kursrallye, kommt jetzt der nächste Bitcoin Dump, Virgil Griffith Gerichtsverhandlung Nordkorea Sanktionen. 1.) Ethereum Classic steigt in kürzester Zeit 280% an – Was steckt hinter dieser Kursrallye?https://cryptomonday.de/ethereum-classic-steigt-in-kuerzester-zeit-280-an-was-steckt-hinter-dieser-kursrallye/ 2.) Dieser Faktor deutet...
Read More »Crypto Price Analysis & Overview January 30th: Bitcoin, Ethereum, Ripple, Monero, and IOTA.
BitcoinBitcoin saw a further 10% price surge over the past week as the number 1 ranked cryptocurrency breaks above the $9,000 level. It had found major support at $8,255 (short term .382 Fib Retracement), which allowed it to rebound and climb. Bitcoin went on to rise into resistance provided by the November high at $9,430 before stalling. If the buyers continue to drive Bitcoin higher, the first level of resistance is located at $9,476 (1.618 Fib Extension). Above this, resistance lies at...
Read More »XRP Price Could Reach $14 Breaking Out from Two-Year Bear Market
XRP, that is widely used by Ripple Labs in its advanced solutions, is on the verge of breaking out from the downtrend resistance that got it hooked at low prices for more than two full years of the bear market.The crypto world has been dominated by headlines of the imminent rise of the XRP within the last couple of hours. People are anticipating a breakout from the asset that could produce a huge shock to the crypto market with fast and massive gains that could raise the XRP price to as high...
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