Market analytics site DappRadar made a big disclosure earlier this week on Tuesday, November 19. DappRadar, which ranks and tracks decentralized apps recently discover $3.8 billion worth “hidden activity” on the Ethereum blockchain network.Besides this, DappRadar also uncovered $73 million trading volumes in the last seven days, within Ethereum Dapps. Thus, after this finding, the Ethereum Dapps volume has reportedly surged from $27 million to above $100 million. Surprisingly, this finding...
Read More »Ethereum: Mehr als eine halbe Milliarde US-Dollar sind aktuell in dApps investiert
Treibt Microsofts Ethereum-Plattform bald die ETH-Preise in die Höhe? Dezentrale Finanzdienstleistungen befinden sich nach wie vor auf dem Vormarsch. Das Gesamtvolumen der Krypto-Währungen, die als Sicherheit hinterlegt werden, beträgt aktuell etwa 670 Millionen USD. Der Begriff der dezentralen Finanzierung wird dabei durch „DeFi“ abgekürzt. Generell meint die Bezeichnung...
Read More »Monetary Authority of Singapore Considering Bitcoin and Ethereum Derivatives Trading
According to the recently revealed information the Monetary Authority of Singapore (MAS) is allegedly looking into allowing cryptocurrency-based derivatives to be traded on regulated platforms within the city-state.This development may seem to be related to the fact that the crypto trading on mainstream platforms has become more of a reality in the last few years as cryptocurrencies have made appearances on stock exchanges around the world and there is a constant push within the industry to...
Read More »EOS Price Analysis: Sell On Rallies Towards $3.250
EOS price is back in a bearish zone below the $3.300 support area against the US Dollar.The price is currently trading above the $3.000 support area and struggling to correct higher.There is a key contracting triangle forming with resistance near $3.100 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides below the $3.000 support area.EOS price is facing an increase in selling against the US Dollar, similar to bitcoin. The price is...
Read More »Litecoin (LTC) Price Analysis: Primed To Test $50 Before Higher
Litecoin price is facing an increase in selling interest below $60.00 against the US Dollar.LTC price is currently trading below the key $59.80 and $57.00 support levels.There is a crucial bearish trend line forming with resistance near $57.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to break the $54.00 support area and continue lower in the near term.Litecoin price is back in a downtrend against the US Dollar and bitcoin. LTC price remains at a...
Read More »Why Is the Bitcoin Price Still Suffering?
Bitcoin’s gains are short lived, and the world’s number one cryptocurrency is now trading where it was during late September when Bakkt initially failed to make a solid impression on crypto traders.Bitcoin and Its Comrades Are SufferingAs it would seems, positive blockchain comments from Chinese president Xi Jinping and Bakkt ultimately picking up and attracting several bitcoin futures contracts trades weren’t enough to keep bitcoin where it was. The $9,000 proved difficult for the currency...
Read More »Ethereum Price Analysis: ETH Slips Below $180 But Bulls May Be Plotting a Comeback
Ethereum has seen a small increase of 0.45% over the past 24 hours and it currently trades at $177.46. Over the past week, ETH dropped by a total of 5.58%, falling beneath the short term consolidation pattern that it was previously trading within.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $19.26 billion. Looking at the ETH/USD 1-day chart:Since our last analysis, ETH dropped beneath the symmetrical triangle and fell into the current support at $176.19,...
Read More »Crypto Price Analysis November 20: BTC, ETH, EOS, LTC, BCH
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.The Bitcoin quotations failed to secure above the resistance level, and now a decline is very probable. However, if the buyers manage to push the price above $9800, growth will also become possible. The Bitcoin Cash chart looks interesting: there is a reversal pattern forming, promising growth,...
Read More »Bitcoin-Friendly Singapore Considers Approving Crypto Derivatives Trading
Singapore has released the consultation paper on the proposed Bitcoin derivatives. Retail investors might not be allowed to trade in the crypto products. The Monetary Authority of Singapore says the move is driven by demand. Singapore’s central bank could soon authorize the trading of derivatives referencing cryptocurrency assets such as Bitcoin and Ethereum. As part of the preliminary plans being undertaken, the Monetary Authority of Singapore has released a consultation paper...
Read More »Ripple’s Technological Advantage Forms Positive Outlook for XRP: Here’s What to Expect
Ripple co-founder Chris Larsen said he thought digital assets such as XRP would play a major role in the movement of money around the world. Recently, Larsen discussed the role of digital assets in the economy and the regulatory environment that must exist to advance blockchain and crypto.Ripple is the blockchain that has the highest number of transactions recorded on its blockchain in recent days. Having 1,151,101 more transfers which were almost 54% higher than the transactions executed on...
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Ethereum (ETH)
