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Major ShapeShift, Crypto Boom at Revolut, Interest In Ethereum Peaks + More News
6.1.2021
Source: A screenshot, Instagram/shapeshift_io
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
ShapeShift said it has integrated decentralized exchange protocols and is sunsetting...
Kraken Users Are Staking More Than $1B in Crypto
6.1.2021
The value reflects the many long positions investors are trading in cryptocurrencies
Ethereum & Bitcoin Locked in DeFi Plunge; ETH Staked Rises
6.1.2021
Ethereum (ETH) locked in decentralized finance (DeFi) has seen a significant drop of 30%, while more than 50% of bitcoin (BTC) left DeFi during past several months as both cryptoassets have been rallying. At the same time, the number of coins staked in the Ethereum 2.0 (ETH 2.0) deposit contract...
Valid Points: New Year, New Price Gains For ETH
6.1.2021
Bullish price activity has tipped the total value of ETH locked into Ethereum 2.0 past $2.4 billion
Bitcoin Hits New ATH, Ethereum and Altcoins Start Fresh Rally
6.1.2021
After clearing the USD 32,500 resistance, bitcoin price started a fresh surge. It is up over 12% and it broke the USD 34,000 resistance. BTC broke the USD 35,000 resistance, traded to a new all-time high near USD 35,750, and it is currently (05:00 UTC) consolidating gains.
Similarly, there was...
Grayscale's ETHE shares tumble 50% as Ether skyrockets
6.1.2021
A long-term arbitrage play from institutional investors may explain why shares in Grayscale’s Ethereum Trust have tanked by 50% in two weeks while Ether rallied 75%
AAVE price soars to $123 all-time high as TVL rises and fundamentals improve
6.1.2021
Aave’s rising total value locked, improving fundamentals and renewed interest in DeFi tokens triggered a double-digit rally in AAVE price
Ethereum: The Last Bastion for Yield
5.1.2021
U.S. Treasury and corporate bonds are returning lower yields than ever. Ethereum's currency ether (ETH) presents an alternative
First Mover: As Bitcoin Rally Pauses, DeFi Keeps Astounding
5.1.2021
Don't even think of using the term "DeFi winter," because DeFi might be hotter than in the summer of DeFi.
Ethereum Fans Brag About All-Time High Fees As L2 Solution Coming
5.1.2021
Ethereum (ETH) fees hit a new an all-time high, with its supporters arguing it's a proof of high demand, while Ethereum moves towards a new Layer 2 (L2) scaling solution.
Ethereum has been experiencing significantly high fees on and off for several months now, particularly with the decentralized...
Bitcoin, Ethereum & Stablecoin Tribes Fight Over Benefits Of OCC News
5.1.2021
Following a major announcement by the US Office of the Comptroller of the Currency (OCC), major tribes within the crypto space - be it stablecoins, Bitcoin (BTC), Ethereum (ETH), etc. - started claiming the news is beneficial for them specifically.
On Monday, the OCC published Interpretive Letter...
Ethereum Rally Fails to Spark Chinese Interest as Bitcoin Hogs Limelight
5.1.2021
Racing ethereum (ETH) prices have seemingly failed to impress Chinese crypto users, with interest in the token – as well as blockchain technology – almost unchanged despite record-breaking recent altcoin rallies.
Data from WeChat shared on Twitter by Primitive Crypto co-founder Dovey Wan showed...
Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up
4.1.2021
Profit-taking helped lead bitcoin lower Monday while more investors are eyeing ether with great interest
Price analysis 1/4: BTC, ETH, XRP, LTC, DOT, BCH, ADA, BNB, LINK, BSV
4.1.2021
After today’s sharp downside move, Bitcoin and altcoins could trade in a sideways range as bulls and bears fight to control the market’s momentum
5 factors show bulls control Ethereum price even after a 26% correction
4.1.2021
Multiple data points show investors are strongly bullish on Ethereum price even after today’s sharp rejection at $1,160
Bitcoin Price Drops 17%, Large CME Futures Gap Filled, BTC Spot Markets Rebound
4.1.2021
On January 4, 2020, the price of bitcoin slid to the lowest point of the year dropping from Sunday’s high of $33,800 per unit to $27,734 a few minutes after 5 a.m. (EST). In fact, the price dip filled CME Group’s large futures gap after the regulated exchange has seen six consecutive...
Bitcoin and Ethereum Correct But Bulls Remain In Driver’s Seat
4.1.2021
Bitcoin price started a downside correction below the USD 32,500 support. BTC declined over 15% and it even spiked below USD 30,000. The bulls were active near USD 28,500 and the price is currently (13:00 UTC) trading above the USD 30,000 level.
Similarly, there was a sharp downside correction...
Ethereum price spikes to $1,161 for the first time in three years: What’s next?
4.1.2021
Ether, the native cryptocurrency of Ethereum, rose to $1,161 but immediately corrected thereafter
Ether Price Passes $1,150 to Hit Highest Since January 2018
4.1.2021
Ethereum's native cryptocurrency, ether, jumped to its highest level since early 2018 following a 43% gain last week
Ethereum Surpasses USD 1,000, Bitcoin Stable While Altcoins Rally
4.1.2021
After a strong upward move, bitcoin price struggled to test the USD 35,000 resistance. BTC topped near USD 34,750 and recently started a downside correction. It corrected lower to USD 32,500 and it is currently (05:00 UTC) consolidating in a range.
Also, there were strong bullish moves in most...