Huobi launches two wrapped assets but traders do not show interest

A while ago, crypto exchange Huobi launched HBTC — a wrapped version of Bitcoin, which can be traded on Ethereum. The coin saw quite a bit of success, and Huobi believed that it had found a formula for success.

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Ethereum Lags Behind Bitcoin, But Analysts Think a Big Move is Coming

Ethereum’s price has been significantly underperforming that of Bitcoin as of late While the benchmark cryptocurrency is now trading at fresh yearly highs, Ethereum is still down nearly 30% from its 2020 highs This underperformance is quite surprising to investors, as this latest Bitcoin rally is one of the few that has occurred in full isolation Altcoins have not been able to match its momentum throughout the past few days, but it remains unclear as […]

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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […]

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Ethereum to Hit $240 as Analysts Claim Market Structure Looks “Abysmal”

Ethereum’s price action has been strikingly similar to that of Bitcoin, and the crypto has been unable to garner any independent momentum This has led ETH to consolidate between $340 and $360 throughout the past couple of days Its reaction to any signs of weakness from BTC has been quite pronounced, which could mean that it will see an extreme reaction to any Bitcoin downturn Analysts are now noting that Ethereum’s market structure looks “abysmal” […]

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Ethereum is Stuck Below a Crucial Level as Weekly Close Fast Approaches

Ethereum’s price has been consolidating alongside Bitcoin’s throughout the past few days, with buyers and sellers reaching an impasse This has come about as the entire cryptocurrency market struggles to find any significant directionality Where the market trends next will likely depend on Bitcoin, which has been performing quite well despite a myriad of bearish news developments ETH’s consolidation phase has grown quite narrow as of late, and it remains stuck below a crucial level […]

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Responding to 1,000%+ spike in Ethereum fees, Synthetix is testing layer-2 tech

It’s been quite the year for DeFi.

The post Responding to 1,000%+ spike in Ethereum fees, Synthetix is testing layer-2 tech appeared first on CryptoSlate.

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Ethereum Could See a “Violent Dump” to $250 as It Taps Key Resistance

Ethereum’s price action as of late has been quite turbulent, as it has been closely tracking that of Bitcoin, but amplifying but the gains and losses seen by the benchmark crypto Today has been relatively quiet for ETH, as its price is consolidating following its recent rally This push higher came about shortly after it saw a capitulatory decline down towards $318, and bulls were able to push it as high as $355 This is […]

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NEO hits a new YTD high after surging by 30% in a week

The cryptocurrency project NEO, also known as Chinese Ethereum, has had quite a busy week. While most other cryptos spent the past 7 days in a slow recovery, or perhaps seeking stability — NEO saw a strong surge that just allowed it to reach its two-year high.

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Crypto Price Analysis September 16: BTC, ETH, LTC, TRX, EOS

Coinspeaker Crypto Price Analysis September 16: BTC, ETH, LTC, TRX, EOSThe cryptocurrency market is trying to recover. And if such assets as Bitcoin and Ethereum are looking quite confident in favor of further growth, the other ones, like Litecoin and EOS are very likely to fall and test their respective support areas.

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An Article About DeFi And Ethereum’s SushiSwap Just Hit Bloomberg Terminals

It’s been quite the past few days for Ethereum, decentralized finance, and the entire crypto industry due to SushiSwap. SushiSwap marked a revolution in how protocols complete; the project, forked from Uniswap, has also marked a revolution in how and if anonymous developers can operate multi-million-dollar protocols.

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Ethereum (ETH) price ready for recovery after a 30% drop

Ethereum price has seen quite a bit of volatility over the last month, and especially in the last two weeks. The coin saw a massive surge, followed by just as strong correction, that took it down by quite a bit.

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Investor: This Pyramid Scheme Is Keeping the Ethereum Price Afloat At $350

Ethereum has seen quite the volatility over recent months. After surging hundreds of percent from the March lows until the recent highs, the asset has undergone a strong 35% retracement. ETH remains much higher than it was just a few months ago, which is a bullish sign.

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How to Leverage Uniswap – Ethereum’s Noncustodial Defi Trading Platform

In 2020 decentralized exchanges (dex) have grown quite mature compared to just a few years ago. One specific dex gathering a lot of steam this year in the defi world is Uniswap, a trading platform that held $1.

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Is it time for DeFi to look beyond Ethereum?

Bitcoin may have been confined to certain price levels, forcing it to endure quite a bit of sideways movement, over the past few months. However, parallelly, the DeFi space has registered a major boomThe post Is it time for DeFi to look beyond Ethereum? appeared first on AMBCrypto.

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Bitcoin Trends on Twitter as Price Flirts With $12,000

It’s been quite the day for the Bitcoin and crypto-asset market, with the price of BTC breaking above $12,000 after a strong rejection around two weeks ago. Ethereum also saw an extremely strong day, rallying as high as $490 as buying pressure spiked.

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Charles Hoskinson Reveals Upcoming Cardano Stablecoin; Will Be ‘Significantly Better Than MakerDAO’

The IOHK CEO and founder of Cardano blockchain, Charles Hoskinson, appears quite obsessed with the Defi hype. Decentralized Finance (DeFi), an Ethereum based protocol, has taken the whole crypto ecosystem by surprise with its phenomenal growth in 2020.

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Bitcoin and Ethereum Close the Month on the Bullish Side

Coinspeaker Bitcoin and Ethereum Close the Month on the Bullish SideBitcoin’s price action on Monday, August 31st, was quite uncertain. Although it seemed like a double bottom pattern had formed over the weekend, the erratic behavior seen on this day left many scratching their heads.

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Ethereum's DeFi & Yield Farming - Why the honeymoon won't last

Yield farming has been quite the rage lately, with some going as far as calling it the "rocket fuel" that DeFi needs. The hyperbole is well and good, but the question remains - Is Yield Farming the reThe post Ethereum's DeFi & Yield Farming - Why the honeymoon won't last appeared first on AMBCrypto.

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Ethereum doesn't want to be Bitcoin, and that's okay

Ethereum's growth in the year 2020 has been quite astounding. Not only has the decentralized finance platform built on top of it prospered, but the integration of prominent stablecoins like Tether [USThe post Ethereum doesn't want to be Bitcoin, and that's okay appeared first on AMBCrypto.

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Coinbase releases new upgrade for USD Coin (USDC)

The Ethereum network has seen quite a significant surge in transaction fees lately. In fact, the increase has been so big that it has become a major problem for crypto users. As a result, many different crypto businesses and projects were trying to find a solution, with the latest one on that list being The US’ largest crypto exchange, Coinbase.

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DeFi market review: what is it and how to make money on the new trend?

Summer 2020 has become really hot for the cryptocurrency community. All major coins are showing very good growth, and some, like Ethereum, even break price records in two years. For the first time in many months and years, the predictions for BTC at $15 – $20 thousand seem quite real. But, not only the dominance […]

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Crypto Tidbits: Dave Portnoy Drops Bitcoin, Tether Supports Ethereum’s OMG Network, DeFi Still Hot

Another week, another round of Crypto Tidbits. It’s been quite a week for the Bitcoin market. In the past seven days, the leading digital asset has traded at both $12,500 and $11,400, facing volatility due to crypto market trends and the macroeconomic trends.

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Ethereum price goes up by 10% in 24 hours

Over the course of the last month, ETH price saw quite a bit of growth. After sitting at a support level of $240 for some time, the price finally saw growth, until it was once again stopped by a strong resistance.

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Ethereum Price Close to $400 Today, ETH Has Confidence

Coinspeaker Ethereum Price Close to $400 Today, ETH Has ConfidenceOn Thursday, the ETH price is up and the coin is trading at $396. The cryptocurrency is looking quite good and even confident.

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Medalla Testnet Hits 1 Million Staked ETH; Triggers Speculations of Ethereum 2.0 Launch in 2020

The Medalla ETH 2. 0 testnet, which was launched last week, is well on track and could set the stage for the final Mainnet to be rolled out later in 2020. This milestone is quite significant, given the ETH 2.

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Here’s Why One Analyst Expects Ethereum to Tap $275 Before Pushing Any Higher

Ethereum has been struggling to break above $400 for the past several days The selling pressure here is quite significant, and a sustained break above this level would be a highly bullish technical development Because ETH has been consolidating just below it throughout the past few days, bulls may be gearing up for a major push higher Despite being technically strong, one analyst is still expecting the cryptocurrency to see another “scam wick” that leads […]

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This Indicator Suggests Ethereum is on a “Moon Mission” with a Target of $460+

Ethereum has been seeing some incredibly strong price action throughout the past several weeks, and there’s no end in sight to its ongoing uptrend. The cryptocurrency is currently reaching up towards a key high time frame resistance level that analysts have been closely watching for quite a while, but the overtly bullish market structure formed […]

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Ethereum 2.0: Closer Than Ever, Still Plenty of Work to Do

Five years later, Ethereum is still chugging along as a decentralized platform for self-executing code. Eth 2.0 is quite close, but for real this time.

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Top developer doubles down, says Ethereum 2.0 will launch in 2020

Ethereum Foundation researcher Justin Drake caused quite the stir earlier this month when he said that for Ethereum 2 (a.k.a. The post Top developer doubles down, says Ethereum 2.0 will launch in 2020 appeared first on CryptoSlate.

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Will Ethereum 2.0 see its November launch-date materialize?

The Ethereum ecosystem has had quite a few developments taking place on Decentralized Finance [DeFi] and with regard to the stablecoins based on its platform. As the market gathers interest, the launcThe post Will Ethereum 2.

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Ripple Is Becoming a Dumping Ground for Bitcoin Spam Transactions

As Ethereum attracts more and more precious Bitcoin into its network, Ripple is attempting something quite similar. The results, however, appear far from convincing. Everyone Wants a Piece of Bitcoin...

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What’s Behind High Ethereum DeFi Yields? A Top Investor Explains

Ethereum-based decentralized finance has seen quite the frenzy over the past few weeks. After taking a large hit due to March’s liquidation event, this segment of the cryptocurrency market has been back on the rise.

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Bitcoin, Ethereum face turning point as Realized Volatility dips

Bitcoin's price performance marked a strong April for the king coin, with Ethereum following up in May with strong positive returns of its own. However, the month of June has been quite lackluster, esThe post Bitcoin, Ethereum face turning point as Realized Volatility dips appeared first on AMBCrypto.

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Ethereum-dominated crypto market in store this year

For the world's top two cryptocurrencies Bitcoin and Ethereum, this year has been quite significant. While Bitcoin underwent its third halving, Ethereum is soon to transition to ETH 2.0 that will moveThe post Ethereum-dominated crypto market in store this year appeared first on AMBCrypto.

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Ethereum to Target $300 Once it Reaches This Massive Support Zone

Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255. The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been able to form a...

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Crypto Tidbits: Bitcoin Halving, Reddit Using Ethereum, JP Morgan Dabbles in Crypto

Another week, another round of Crypto Tidbits. Bitcoin has seen quite the tumultuous week, The cryptocurrency started off the week with a bang, collapsing from ~$9,700, the weekly open price, to a low of $8,100, in a dramatic sell-off that liquidated over $200 million worth of long positions on BitMEX and hundreds of millions of more...

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Nearly Everyone Flocks to Ethereum to Issue Crypto Tokens

When it comes to issuing new tokens on any blockchain, there are ample options waiting to be explored. Unsurprisingly, it would appear that Ethereum remains the market leader by quite a landslide, as every other chain is quickly losing traction.

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Flipside Crypto Report Finds Probable Cause Behind XRP’s Drop In Trade During Weekends

XRP, the third-largest cryptocurrency has maintained its spot for quite some time now only behind Bitcoin and Ethereum. However, XRP has managed to hold onto its position despite the token’s spot price failing to make any significant gain over the past two years.

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Chilling Fractal: Ethereum’s 150% Rally From March Lows Is About to Reverse

No multi-billion-dollar asset has performed quite as well as Ethereum over the past seven weeks. Since the $88 lows that were sustained after March’s “Black Thursday” crash, the cryptocurrency has rallied by 150%, reaching as high as $228 earlier today at the local peak of the ongoing rally.

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BOLT Accused of Fudging Numbers to Enrich Itself During Token Swap

BOLT has been conducting a token swap from Binance Chain to Ethereum for some time. However, some are noticing that the transaction history recorded on the blockchain doesn’t quite add up. Since last year, BOLT has been promoted as ‘gem’ with a low market capitalization.

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Ethereum Rises as Hex Goes Heck Up

Ethereum has been rising quite a bit more than bitcoin for the past few days, up 6.3% at the time of writing compared to bitcoin’s 3.7%. It wasn’t quite clear... The post Ethereum Rises as Hex Goes Heck Up appeared first on Trustnodes.

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Bitcoin's 0.97 correlation index is nothing new for Ethereum

There are quite a few factors that influence the growth and consolidation of the digital asset industry. Whether it is institutional involvement or popular market sentiment or even a political event, The post Bitcoin's 0.

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Bitcoin, Ethereum prices renew their ascent as selling pressure falls

Like a crashing wave, Bitcoin's spot price has been on a downward motion over the past few days. While sellers are closing their positions, the low price of the crypto-asset has been quite inviting foThe post Bitcoin, Ethereum prices renew their ascent as selling pressure falls appeared first on AMBCrypto.

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Here’s Why Even as a Bitcoiner you Shouldn’t Ignore Ethereum

Ethereum (ETH) is on a rising spree in 2020 w. r. t price. But its network is also established and increasingly proving quite significant. Bitcoin Supporters Should Own Some ETH for Upside Potential BTC blogger, Sylvain Saurel, looked at the reasons Ethereum is here to stay, and why Bitcoiners should not diss the project outright.

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Building Bridges: Ripple’s Xpring Proposes Interoperability Between Ethereum And XRP

Crypto tribalism has been a thorn in the industry’s flesh for quite some time now. This toxic tribalism has been holding back the cryptocurrency industry as proponents of the different visions of bitcoin spend too much time attacking each other instead of doing real work.

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What is Tendermint? How does Tendermint consensus work?

The world of blockchain can be a confusing place even when looking at the “simplest” of protocols like Bitcoin. Things get quite a bit more complicated when we move onto newer protocols like Ethereum, or even newer ones that take what generations 1 and 2 taught us and look to build upon that with new […]The post What is Tendermint? How does Tendermint consensus work? appeared first on CaptainAltcoin.

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Crypto Tidbits: Bitcoin Nears $10,000, Tron CEO’s Warren Buffett Rendezvous, Ethereum DeFi Hits $1B

Another week, another round of Crypto Tidbits. Bitcoin saw quite the past week in terms of price action, rallying from a low of $9,100 to as high as $9,900 (a high just set hours ago as of the time of this article’s writing).

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Binance’s Enjin-Based Digital Collectibles Make a Splash on OpenSea

The largest digital collectibles market on Ethereum, OpenSea, has reported that Binance’s non-fungible tokens made quite the splash, accounting for a significant portion of its January activity.

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Ethereum Breaking This Level Could Lead to a Massive Technical Breakout

Ethereum’s firm 2020 uptrend has been quite significant, as it has drastically altered the cryptocurrency’s market structure, making ETH look to be incredibly bullish at the moment. It is important to note that ETH is currently on the cusp of breaking above a key resistance level that could catalyze a significant upwards movement against its... The post appeared first on NewsBTC.

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