Ethereum News

Believing, not seeing: Institutions still predict $100K Bitcoin price

Believing, not seeing: Institutions still predict $100K Bitcoin price

Despite Bitcoin price cooling off in recent days, with the premier cryptocurrency currently hovering around the $32,000 mark, it is still showcasing strong technicals as well as a thirty-day price gain of nearly 40%. Not only that, but even since its recent dip — which has seen the digital asset fall from its recently established …

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Blockchain Bites: Clearing the Record on Yellen's Crypto Concerns and the Bitcoin Double-Spend Fracas - CoinDesk

Blockchain Bites: Clearing the Record on Yellen’s Crypto Concerns and the Bitcoin Double-Spend Fracas – CoinDesk

After dropping 13% yesterday, bitcoin is once again on the ascent. Meanwhile, Janet Yellen has offered a more nuanced view of crypto and small Ethereum mining pools are organizing a campaign against a potential network upgrade. Top shelf Miners revolt!Eight Ethereum mining pools amounting to around 30% of the network’s hash power have formed a …

Blockchain Bites: Clearing the Record on Yellen’s Crypto Concerns and the Bitcoin Double-Spend Fracas – CoinDesk Read More »

Wen? Now! BadgerDAO’s synthetic rebasing Bitcoin, DIGG, goes live

Wen? Now! BadgerDAO’s synthetic rebasing Bitcoin, DIGG, goes live

After weeks of anticipation and a closely-watched series of preparatory steps, BadgerDAO’s synthetic rebasing Bitcoin, DIGG, is now live and claimable for qualified addresses on Ethereum mainnet.  The release will be eagerly welcomed by a perhaps-overzealous community, one which has been lighting up Twitter with “wen DIGG” for weeks. For all the memes and excitement, …

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DeFi surge, rising TVL and new partnerships underpin Ren’s 100% rally

DeFi surge, rising TVL and new partnerships underpin Ren’s 100% rally

Interoperability between blockchains is rapidly becoming one of the buzz phrases being thrown around when discussing decentralized finance and the coins most likely to rally during an altcoin bull run.  The rapid growth of DeFi, its ever expanding total value locked and soaring ETH gas fees further highlight the sector’s need for a layer 2 …

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Ethereum

Ethereum Could See an Explosive Move Higher Following Massive 20% Surge

Ethereum has been trading as a higher beta asset to Bitcoin as of late, closely tracking the benchmark crypto but seeing more drastic movements Last night’s Bitcoin selloff proved to be somewhat dire for ETH, with it sending the cryptocurrency down to lows of $1,040 This decline marks a 30% retrace from ETH’s recent highs …

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Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021 - CoinDesk

Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021 – CoinDesk

Crypto markets have reversed course across the board and are flashing green Friday. Bitcoin crossed over $32,000 and ether is rallying hard in 2021 so far. Bitcoin (BTC) trading around $33,608 as of 21:00 UTC (4 p.m. ET). Gaining 5.3% over the previous 24 hours. Bitcoin’s 24-hour range: $28,845-$33,873 (CoinDesk 20) BTC above the 10-hour …

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Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM

Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM

Bitcoin price has rebounded above a key trendline but resistance at higher levels may limit the recovery in altcoins. Aggressive profit-booking sent Bitcoin (BTC) spiraling below $29,000 on  Jan. 21 but was this a sign that institutional investors dumped their positions? This is one of the main questions bothering traders because large institutional inflows primarily …

Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM Read More »

NFT boom and platform upgrades back Decentraland’s (MANA) 100% rally

NFT boom and platform upgrades back Decentraland’s (MANA) 100% rally

In the past year non-fungible tokens (NFT) have been gaining ground as the digital art market exploded and developers experimented with a variety of use cases. Data from NonFungible shows that over the past 30 days there were 58,400 NFT sales and $12.7 million worth of volume. In the same time period, MANA, the token …

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Retail is here: The virtuous cycle of social engagement with crypto

Retail is here: The virtuous cycle of social engagement with crypto

One of the tropes that observers commonly invoke to explain the forces behind the crypto markets’ surge at the end of 2020 and in early 2021 is that the process has been mainly driven by the inrush of institutional investment.  While there are many good reasons to believe that the race among the big players …

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