Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC …
Read More »Ethereum is On the Brink of Setting Fresh All-Time Highs as Bulls Take Control
Ethereum has seen some intensely bullish price action throughout the past couple of days, with bulls sparking a massive upside movement as the cryptocurrency rallies against BTC Where it trends in the short-term should depend largely on whether or not bulls can close a high time frame candle around its …
Read More »$100 Swaps: Ethereum Dex Volumes Saw $39 Billion Last Month Despite ‘Insane’ Trading Fees
During the last 12 months, Ethereum-based decentralized finance (defi) solutions and decentralized exchange (dex) platforms have been very popular. Dex applications, in particular, have seen massive demand and during the last 30 days, dex trade volumes have reached $39 billion in swaps. However, one of the biggest issues confronting dex …
Read More »After Ethereum, 'next stop will be higher risk alts,' says Bitcoin investor Raoul Pal
Raoul Pal says higher risk altcoins are likely to follow Ethereum, which rose 60% in the first two weeks of 2021. Source link
Read More »TA: Ethereum Struggles Near $1,250: Why ETH Remains Attractive On Dips
Ethereum gained bullish momentum above the $1,150 resistance against the US Dollar. ETH price broke the $1.200 resistance, but it struggled to clear the $1,250 level. Ethereum started a steady increase above the $1,150 and $1,200 resistance levels. The price is facing a resistance near $1,250 level, but it is …
Read More »Capital Manager: Ethereum Will Double In Two Weeks Once ATH Is Broken
Ethereum beat even Bitcoin in terms of overall gains in 2020, but the altcoin still hasn’t broken its former all-time high, while Bitcoin has since left its record far behind. However, according to one crypto capital manager, as soon as Ethereum does take out its former peak, the altcoin will …
Read More »Grammy winner Portugal. The Man launches fan token on Ethereum blockchain
In a first for the blockchain world, the Grammy Award-winning band will use cryptocurrency tokens to distribute previously unreleased material. Source link
Read More »TA: Ethereum Fails Again At $1,150: Why Dips Could Be Limited
Ethereum started a decent increase above $1,080, but it failed again near $1,150 against the US Dollar. ETH price is consolidating and it could make another attempt to clear $1,150. Ethereum is still struggling to clear the main $1,150 resistance zone. The price is now trading near the $1,100 zone …
Read More »Ethereum Just Hit a Key Support Level: Here’s the Next Level to Watch
Ethereum has faced a strong correction after peaking near $1,350 last week. The cryptocurrency currently trades for $1,050, though fell as low as $950 on Monday due to an influx of selling pressure. During the drop, the funding rates of the ETH futures markets were extremely overleveraged. In some cases, …
Read More »TA: Ethereum Facing Major Hurdles: Why 100 SMA Could Trigger Fresh Rally
Ethereum struggled to clear $1,150 and started a fresh decline against the US Dollar. ETH price is currently trading well below the 100 hourly SMA and $1,100. Ethereum is showing a few bearish signs after getting rejected from the $1,150 resistance zone. The price is now trading well below $1,100 …
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