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Bitcoin, Ethereum and Altcoins Try To Recover, Face Resistance
24.2.2021
Bitcoin price tested the USD 45,000 support zone, where the bulls appeared. BTC started a decent recovery wave above USD 48,000 and USD 50,000. It is currently (05:00 UTC) trading above USD 50,000, but it must settle above USD 52,000 for a fresh increase to USD 58,000.
Similarly, there was a steady...
DeFi user pays $36K for one Uniswap transaction, as EIP-1559 draws closer
24.2.2021
Ethereum transaction fees are at their highest levels but even the proposed solution wouldn’t have helped this fat-fingered user
Jigstack DAO Acquires Icorating.com Platform to Strengthen Its Token Launch Pad Lemonade
24.2.2021
A decentralized finance (defi) protocol announced that it officially acquired an initial coin offering (ICO) listing platform. Jigstack, who bought icorating.com, will migrate all the platform’s assets to its Lemonade’s solution. Jigstack’ Direct Email Database on Icorating.com...
Solana (SOL), Cosmos (ATOM) buck the trend to hit new highs after protocol upgrades
24.2.2021
Solana (SOL) and Cosmos (ATOM) each saw the price of their tokens surge after new interoperability upgrades were revealed
Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021
23.2.2021
Loopring’s increasing DEX volume and token price show the project is emerging as one of the leading layer-two solutions working to address the high gas fees on the Ethereum network
Ethereum Miners Are Likely to Accept EIP-1559 Activation - Analysts
23.2.2021
The vast majority of Ethereum miners are unlikely to protest EIP-1559, a proposed change to Ethereum’s ‘crazy high’ fee market that would potentially cut a fair share of miners’ revenue, according to popular crypto analyst Hasu and Georgios Konstantopoulos, Research Partner at Paradigm,...
‘Extreme Selling’ Caused Kraken Ethereum Flash Crash - CEO
23.2.2021
Jesse Powell, CEO of Kraken. Source: a screenshot, Instagram/krakenfx
“Extreme” ethereum (ETH) selling caused yesterday’s flash crash to USD 700 on Kraken, according to Jesse Powell, CEO and Co-founder of the crypto exchange giant.
The CEO was speaking to Bloomberg TV, and claimed that his firm...
Bitcoin Rebounds From USD 45K, Ethereum and Altcoins Pair Losses
23.2.2021
Bitcoin price extended its decline below the USD 50,000 support level. BTC even declined below the USD 47,500 support level and tested USD 45,000. However, the price rebounded sharply, jumping to almost USD 49,000 (12:58 PM UTC) and trimming its daily losses to 8%.
Similarly, there was a strong...
Solana-powered AMM Raydium proposes SushiSwap integration to reduce fees
23.2.2021
SushiSwap is exploring integrating with high-speed AMM, Raydium, on Solana to alleviate high gas fees
Bitcoin Tests USD 50K, Ethereum and Altcoins Drop
23.2.2021
Bitcoin price is down over 10% and it broke many important supports near USD 55,000 and USD 52,000. BTC is currently (05:00 UTC) struggling to settle above USD 50,000. A daily close below USD 50,000 may possibly open the doors for more losses towards USD 45,000.
Similarly, there were strong bearish...
Crypto influencer warns Ethereum fees will drive users away
23.2.2021
Crypto YouTuber Lark Davis is urging Ethereum’s to launch ETH 2.0 quickly, warning its devs must act soon to prevent rival networks from taking over amid high gas fees
Binance Suspends Ethereum and ERC-20 Token Withdrawals Before Quickly Reversing Course
23.2.2021
The rollercoaster-ride in cryptocurrency prices on Monday was accompanied by Binance’s fresh restrictions for ethereum and ERC-20 tokens. Ethereum Network Congestion Fingered as the Culprit for the Temporary Halt Through the official Binance Twitter account, one of the world’s largest...
Price analysis 2/22: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM
22.2.2021
Bitcoin and altcoins both saw a strong bounce off their intraday lows, which signals that traders still view dips as buying opportunities
Evolving the DAO: How decentralized companies can dominate Web3
22.2.2021
Are decentralized autonomous organizations reaching their full potential? The current focus on governance means that many other opportunities are being missed
Is Binance Going to Topple Ethereum Soon?
22.2.2021
Binance’s value is continually rallying upwards over the past few months and has made BNB coins the world’s third most valuable cryptocurrency asset. On the day of publishing, the Binance coin’s current price is $284.12, and it has a daily trading volume of $7,162,003,099.44. BNB’s market cap...
Binance Blamed for Purposely Choking Ethereum’s Network
22.2.2021
The recent ramp higher in cryptocurrency prices has assuredly attracted its fair share of cheerleaders and detractors alike, but the reality of this climb has been a concurrent increase in network fees from rising transaction volumes. Binance is Blamed for Purposely Choking Ethereum’s Network...
Bitcoin, Ethereum and Altcoins Extend Decline, Key Support Nearby
22.2.2021
Bitcoin price started a downside correction from the USD 58,360 high. BTC broke the USD 57,000 and USD 56,200 support levels to move into a short-term support zone. It even broke the USD 54,000 support and it is currently (13:00 UTC) down over 5%.
Similarly, there were additional losses in most...
Nvidia Limits the Efficiency of Mining Ether Using Its GPUs by 50%
22.2.2021
Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U.S. hardware maker said this limitation will feature first on its new Geforce RTX 3060 card...
Did $50K 'trigger' Peter Schiff to buy BTC? 5 Things to watch in Bitcoin this week
22.2.2021
As Bitcoin wobbles following a spurt to above $58,000, concerns mount about the depth of a possible inbound correction
Bitcoin, Ethereum and Altcoins Correct Gains, XRP Rallies
22.2.2021
Bitcoin price remained strong and it extended its rally above USD 58,000. BTC even traded to yet another all-time high near USD 58,641 (per Coingecko.com) before it started a downside correction. It is currently (05:00 UTC) trading below USD 57,000, with key supports at USD 55,000 and...