Financial Industry News
Ethereum is now the second major cryptocurrency from the last bull run to break its former all-time high. One author and economist, however, claims that this is only the beginning of the top altcoin following in Bitcoin’s footsteps, and will soon rally to $20,000 mimicking the epic 2017 bull run. Here’s the theory behind the […]
Continue ReadingEther (ETH), the native cryptocurrency of the Ethereum blockchain network, has broken its previous all-time price high, according to historical data on some major exchanges. Prices surged on Tuesday to reach $1,439.33 – that’s over Bitstamp’s recorded high of $1,420. Coinbase and Bitfinex have previous record peaks listed around the same level. At press time, […]
Continue ReadingEthereum (ETH) reached levels it last tested in January 2018 as a less volatile Bitcoin kept creating upside opportunities in the $105 billion altcoin market. Ethereum blasts upwards towards its record high levels from early-2018. Source: ETHUSD on TradingView.com The second-largest cryptocurrency (by market cap) surged by roughly 10 percent on Monday to hit an […]
Continue ReadingOptimism has “soft launched” its solution to Ethereum’s transaction problem, the Optimistic Virtual Machine (OVM). The startup announced Friday that OVM is now live, at a time when gas fees have reached near all-time highs for decentralized finance (DeFi) traders. Indeed, the cost to send a single Ethereum transaction has hovered in the low single-digit […]
Continue ReadingThere’s a decentralized autonomous organization (DAO) that lets ETH holders back Ethereum 2.0 without losing liquidity, and it wants to give its participants a vote. Until Feb. 12, ETH holders have a chance to earn some of the governance token for Lido, a new decentralized finance (DeFi) and staking protocol. There will be other opportunities […]
Continue ReadingAs the recent price rally in bitcoin and ether cools down, investors and traders are taking a closer look at alternative tokens (“altcoins”), particularly those from the decentralized finance (DeFi) subsector. Multiple DeFi tokens this week saw double-digit gains, including 0x (ZRX), aave (AAVE), and maker (MKR). Prices for 0x were at $0.52 at the […]
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Continue ReadingThe recent euphoria in cryptocurrencies morphed into a severe sell-off, as bitcoin prices dove 12% on Monday, which would be the most for a single calendar day since March. Prices for the largest cryptocurrency had soared last week to an all-time high of $41,962, and that level was apparently sufficient to prompt some cryptocurrency miners to take […]
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