The potentials in the price of Ethereum to soar to new levels is backed by the rise in the coin’s Total Value Locked (TVL) on DeFi platforms.The price of Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been constantly touted to break past the $2,000 psychological level, and the latest key fundamentals in the crypto point towards this. There has been a mix of bullish and bearish runs in the crypto market space with Ethereum known to experience these upswings on...
Read More »L’info du vrai : Bitcoin, par ici la monnaie
Alexandre Stachtchenko, cofondateur et DG de Blockchain Partner, et Olivier Barbeau était hier les invités d’Yves Calvi dans l’émission L’info du vrai sur Canal Plus. « On n’est tellement pas habitué à avoir une émission positive, qu’on s’est emballé sans rappeler les conseils essentiels : Ne jamais investir que ce qu’on est prêt à perdre. – En bull market, il est facile d’être un génie du trading. Gardez les pieds sur terre. » – Alexandre Stachtchenko....
Read More »Cardano (ADA) Price Analysis: Why It Could Soon Test $1
ADA price traded towards the $1.00 resistance level before correcting lower against the US Dollar.The price dived below $0.8000, but it recovered and settled above the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $0.8650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.9000 and $0.9200 resistance levels in the near term.Cardano price is showing positive signs above $0.8500 against the US...
Read More »Market Cap Tops $1.5 Trillion as Polkadot Replaces Cardano on the Top 4 (Market Watch)
Over the past 24 hours, we saw the cryptocurrency market recovering from a mild correction that took place on early Monday morning. Bitcoin touched $50,000 for the first time, the total cryptocurrency market capitalization increased above $1.5 trillion, while Polkadot became the 4th biggest project by market cap, surpassing Cardano by an inch.Bitcoin Price Taps $50KFor the first time in history, the primary cryptocurrency tapped the coveted mark of $50,000. This is a major milestone for...
Read More »Ethereum Price Analysis: ETH Bulls Aim A Test of $2,000
Ethereum price is holding gains above the $1,600 and $1,700 resistance levels against the US Dollar.ETH price is currently trading well above $1,750 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $1,730 on the 4-hours chart (data feed from Coinbase).The pair is likely to start a strong surge if it clears the $1,840 resistance level.Ethereum price is eyeing more upsides above $1,850 against the US Dollar. ETH/USD may soon test the $2,000...
Read More »Uniswap Surpasses $100 Billion Cumulative Trading Volume Milestone
Uniswap (UNI) has become the first decentralized exchange (DEX) to reach $100 billion in cumulative trading volume as the appetite for the decentralized finance (DeFi) market continues to grow. Meanwhile, the UNI token recently set a new all-time high, with the platform now boasting about $4 billion in total value locked (TVL).Uniswap Crosses $100B LandmarkTweeting on Monday (Feb. 15, 2021), platform creator Hayden Adams revealed that Uniswap had surpassed $100 billion in cumulative trading...
Read More »Non-Fungible Token (NFT) Market Recorded Impressive Growth in 2020, Set to Soar Higher This Year
The most expensive NFT sale was made after the successful purchase of virtual plots of land on Axie Infinity valued at $1.5 million.The global Ethereum-based Non-fungible token (NFT) market saw impressive growths in 2020 according to details from a new report by NonFungible and L’Atelier. Per the report, as detailed by Decrypt, the total transactions of the NFT market grew triple-fold in 2020 with the total valuation topping $250 million.The digital asset ecosystem is booming in a dynamic...
Read More »Crypto Regulations in 2021: What to Expect in EU and Overseas?
However, during today’s global uncertainty and sluggishness of regulatory framework development, private companies are determined to steer clear of grey areas and be compliant to the maximum extent while serving their user base as effective on-ramps into digital finance. At the moment, some experts are worried that MiCA (Markets in the Crypto-Assets framework, which defines cryptocurrencies and stablecoins) will hamper the existence of the DeFi market in Europe since it aims to provide a...
Read More »FAANG Stocks Suffer, Only Google and Netflix Records Gain
The last days were not very successful for the FAANG stocks, however, Google and Netflix enjoyed some gains.The global stock markets have continued on its upward trend as Wall Street was able to close the previous week with a new high. During this period stocks on Nasdaq, S&P 500 and Dow Jones recorded gains ranging from 1% to almost 2%. Nasdaq recorded the highest with a move up the with 1.73%. However, despite the gains recorded by these stocks, the big-five technological company stocks...
Read More »SEC’s Hester Peirce Urges for Crypto Regulations as Institutional Interest Piles
The recent boom in institutional interest in Bitcoin and cryptocurrencies might be a fresh sign that the market needs crypto regulations. SEC Commissioner Hester Peirce pointed out that the wide range of investors would also improve price formation.Institutional Interest as the Long-Awaited Sign for Crypto RegulationsUS Securities and Exchange Commission (SEC) commissioner Hester Peirce has said that there is a need for precise cryptocurrency regulation. According to a recent news report, the...
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