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Ethereum (ETH) Failing to Hold the Gains!
14.7.2021
Ethereum network has been growing at a much higher rate as compared to Bitcoin because of their scalability features. Being a decentralized cryptocurrency with the ability to offer smart contracts has been at the forefront of ETH. It is perhaps one of the most important reasons that can eclipse...
Bitcoin, Ethereum and Altcoins Consolidate Losses
14.7.2021
Bitcoin price extended its decline below the USD 32,000 support zone. BTC tested USD 31,500 before recovering higher. It is currently (12:11 UTC) consolidating above USD 32,000, but it might face hurdles near USD 33,000 and USD 33,200.
Similarly, most major altcoins are consolidating losses. ETH...
Ethereum and Uniswap Tank Despite Optimism News
14.7.2021
Decentralized finance (DeFi) startup Optimism has launched the long-awaited Alpha layer-two (L2) solution for major decentralized exchange (DEX) Uniswap (UNI) through the Optimistic Ethereum (OΞ) mainnet. Despite the news, both ethereum (ETH) and UNI dropped together with the rest of...
Uniswap v3 launches Optimistic Ethereum layer two scaling in alpha
14.7.2021
Long-awaited layer two scaling is finally being launched on Uniswap v3, albeit in a limited format initially
Bitcoin, Ethereum and Altcoins Trend Turns Bearish
14.7.2021
Bitcoin price remained in a bearish zone and it extended its decline below USD 32,500. BTC even broke the key USD 32,200 support zone. It is currently (04:28 UTC) showing bearish signs and it might accelerate lower towards USD 30,000.
Similarly, most major altcoins are trading in the red zone....
Ethereum price dragged down below $2K as US inflation hits highest level since 1991
13.7.2021
The second-largest cryptocurrency sells off in line with Bitcoin as traders assess the latest U.S. inflation data
Axie Infinity Game Tokens Skyrocket in Value, AXS and SLP Capture All-Time Price Highs
13.7.2021
While most digital currency markets are down in value, a token called axie infinity, the native coin tethered to the blockchain-based trading and battle game of the same title, has reached new price highs jumping to $21.55 on Tuesday. The Axie Infinity platform has seen massive demand in recent...
Bitcoin, Ethereum and Altcoins Consolidate Above Major Support
13.7.2021
Bitcoin price is trading in a short-term bearish zone below USD 33,500. The current (12:20 UTC) price action is negative and suggests more downsides below USD 32,500. If BTC fails to stay above USD 32,200, there could be a sharp decline in the coming sessions.
Similarly, most major altcoins...
Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’
13.7.2021
According to Tom Jessop, president of Fidelity Digital Assets, the company is planning to increase staff by 70% because demand for cryptocurrencies continues to keep the firm busy. Fidelity Digital Assets, the subsidiary of the wealth management firm Fidelity Investments Inc., has also seen...
Bitcoin, Ethereum and Altcoins At Risk of Major Breakdown
13.7.2021
Bitcoin price failed to overcome selling pressure and it remained well below USD 35,000. As a result, BTC saw a fresh decline below the USD 33,500 support. It is currently (04:25 UTC) showing a few bearish signs, but the USD 32,200 support holds the key.
Similarly, most major altcoins are slowly...
Hop Protocol launches USDC bridge between Ethereum, Polygon, and xDai
13.7.2021
Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks
Institutions cautious as crypto products post weakest volume since October
13.7.2021
Sophisticated investors appear to be spreading their risk across the crypto sector, with multi-asset products beating out BTC and ETH by inflows
Price analysis 7/12: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
12.7.2021
Bitcoin price is drifting lower, pulling altcoins to critical support levels and testing the resolve of traders who were looking for a bullish reversal
Incoming Squeeze? Bitcoin Shorts on Bitfinex Spike, BTC Long Positions Tap Fresh New Highs
12.7.2021
The entire market capitalization of all 10,800 cryptocurrencies in existence is down 2.8% on Monday as bitcoin has lost over 2.4% during the last 24 hours. Meanwhile, bitcoin shorts are rising again after bitcoin shorts tapped a two-year high on the derivatives exchange Bitfinex on June 25. Bitcoin...
'Intelectual Posturing' Highlights Ethereum's Extractable Value Vulnerability
12.7.2021
A "personal project" by a developer might bring even more controversy into the so-called Miner Extractable Value (MEV) practice on the Ethereum (ETH) blockchain, possibly tempting some miners to extract all the value they can from Ethereum before it moves to a proof-of-stake consensus...
Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch
12.7.2021
The SNX/USD exchange reached $13.76 on Monday for the first time since June 3
ShibaSwap Causing Hike in Ethereum Gas Prices
12.7.2021
The high gas fees associated with Ethereum are attributed to the record growth in the DeFi transactions achieved by ShibaSwap. The protocol has recently tweeted that it has created history by having more than 1 billion dollars of the total value that has been locked on its platform in one day....
Blockchain ‘Immutability’ Dispute Sparked by Ethereum Request for Reorg Contract
12.7.2021
Just recently, a software developer and “Solidity nerd” called Bunny Girl has sparked heated conversations within the cryptocurrency community over a smart contract that reveals a process called a “Request For Reorg contract (RFR).” On Twitter, Bunny Girl explained that...
Bitcoin and Ethereum Continue To Fail Near Key Hurdles
12.7.2021
Bitcoin price climbed above the USD 34,000 resistance zone, but it failed to continue higher. BTC failed to clear the USD 35,000 resistance and it trimmed most of its gains. It is currently (12:11 PM UTC) consolidating below USD 34,000, with many important supports on the downside.
Similarly, most...
Crypto Market Sentiment Goes Up Again, Led by Uniswap and Ethereum
12.7.2021
We're seeing a rise in the market sentiment for the second week in a row now. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins went from 4.87 recorded a week ago to 5.03 recorded this week, according to the data provided by the market sentiment analysis service...