Tag Archives: ethusd

Most of the cryptocurrency market has been relatively calm in the past 24 hours. Bitcoin trades around $11,000, and Ethereum jumps by 2% to $385.Most of the attention went to Uniswap’s governance token (UNI) that launched yesterday. After listings on the most prominent digital asset exchanges, UNI trades at $5.3.Bitcoin Remains Below $11KAs reported yesterday, the primary cryptocurrency attempted to overcome the $11,000 mark. It seemed successful initially, but the move rapidly reversed,...

Ethereum bulls are currently trying to defend the 2019 high price at $364.The cryptocurrency is forming a descending triangle pattern on the 4HR charts.Against Bitcoin, ETH shows weakness as it starts to head back to the September support around 0.0329 BTC.ETH/USD – Etheruem Starts To Form Short Term Descending TriangleKey Support Levels: $364, $355, $336.Key Resistance Levels: $390, $400, $410.Ethereum dropped from the $390 resistance at the start of the week, but the bulls have defended the...

They say crypto’s biggest appeal lies in how fast one can acquire ‘Lambos,’ fly ‘to the moon’ and get their ‘numbers to go up.’ The Lambo aspect is still relevant as folks are making insane money day in and day out. The other two, not so much.Although traders still bet on prices of Bitcoin, Ethereum (ETH), and other crypto assets, cryptocurrency trading or investing is not the set method for generating humongous wealth presently. DeFi’s yield farming has taken the centre stage in the quest to...

That is until today when the lead developer has submitted the first official proposal for the Phase 0 stage of the migration to Ethereum 2.0.Phase 0 EIP SubmittedEthereum developer Danny Ryan has submitted the first Ethereum Improvement Proposal (EIP) 2982 to the Github repository. This marks the first official step to getting Phase 0, or Beacon Chain, nearer to launch.ITSHAPPENING.GIF@dannyryan has submitted an EIP for eth2 phase 0 ?https://t.co/eqvEDiT3FT pic.twitter.com/NHM3DJ8i4D— Anthony...

Popular DeFi protocol Cream Finance’s staking mechanism has stopped working because of an input error in its smart contract, which has increased the distribution speed ten-fold.At the same time, the Cream Finance (CREAM) token continues plummeting in value and is down by 50% in the past 24 hours alone.Cream Finance’s Tech ProblemThe DeFi protocol took it to Twitter to explain the technical difficulties it’s experiencing. The crCREAM Staking was stopped “for maintenance due to an input...

Swisscom Blockchain will begin work on a cloud-based security layer for Polkadot after it was awarded a development grant by the Web3 Foundation. The security solution will focus on providing an extra layer of security for users who stake coins on Polkadot’s Proof-of-Stake (PoS) network.Swisscom Awarded Web3 Foundation GrantThe Web3 Foundation oversees the development of the Polkadot ecosystem. On September 10th it was announced that the foundation had awarded an undisclosed development grant...

Etheruem saw a 6.3% price rise this week as it hits $375 today.The coin bounced 7% from yesterday’s low.Against Bitcoin, ETH reached as high as 0.0371 BTC during the weekend. It has since dropped to 0.0352 BTC.ETH/USD – Ethereum Bulls Attempting To Wake UpKey Support Levels: $364, $350, $336.Key Resistance Levels: $390, $400, $410.Last week, Etheruem managed to rebound from the support at $336 as it started to push higher. It managed to reach as high as $390 over the weekend before it fell...

Bitcoin and cryptocurrencies present numerous advantages over the traditional financial systems, including faster transactions, while paying only a fraction of the cost. The decentralized nature, meaning a lack of central authority behind them, has attracted lots of fans, investors, and users over the past decade.However, this same feature could also display some serious issues if one is not careful. Some of these problems could lead to the loss of funds, as the story of Yaniv reveals...

In yet another jolt to the decentralized finance (DeFi) community, margin, and leverage-based lending and trading platform, bZx became the target of another hack. In the hack, which was much bigger than the previous attacks, hackers made away with $8 million worth of cryptocurrencies.bZx Hackers Deal 8 Times More Damage To The DeFi Protocol This TimeDeFi lending protocol bZx was attacked again. This time hackers drained a little more over $8 million worth of cryptocurrencies leveraging a...

After the gains registered during the weekend, most cryptocurrencies are retracing today. Bitcoin declined from its weekly top of $10,560 to $10,350, while Ethereum lost 4.5% of its value to $370.Bitcoin Rejected At $10,560During the weekend, Bitcoin broke above the resistance at $10,500. BTC topped at $10,560 yesterday, but it couldn’t maintain its position above that level and quickly fell.As such, the primary cryptocurrency bottomed at $10,220 just a few hours later. It has recovered some...