Ethereum is trading at $238, but can bulls take $246 to push bears out of the way? Ethereum has failed to break above a key resistance level that has capped numerous upsides over the past several weeks. Ethereum has been confined between $230 and $245, the flatlining unsurprisingly similar to that of Bitcoin’s tight range […]
Category: STO News
Binance Records Largest BNB Burn; CZ Says, “More Certain About The Future Of Crypto Than Ever”
Today, Binance announced the twelfth quarterly burn of its native token Binance Coin (BNB) which was the largest ever yet, reducing about 3.4 billion BNB from the circulation. Not only was this the largest ever burn in terms of BNB supply but also in USD value at $60.5 million. The leading spot crypto exchange first […]
Bitcoin Tokenized on Ethereum ‘Dominates the Off-Chain Space,’ Pushing ETH’s Fees Higher Than BTC
In 2020 so far, Ethereum made 80% gains, more than 3x the gains recorded by Bitcoin. However, ETH moves compared to bitcoin have been tighter over the years. During 2015-17, the price of ETH appreciated 6% to 8% versus bitcoin when the leading digital asset went up and a 4% to 6% fall on days […]
DeFi FOMO is Strong But What’s to Come Once This Craze is Over?
The DeFi space has been picking up heat for some time now as the tokens gained a lot of interest after their prices skyrocketed. In 2020 so far, some of the DeFi coins like Aave have jumped 3,185%, Kyber Network 898%, Bancor 498%, Loopring 493%, REN 445%, Synthetic 235%, 0x 112%, and Augur 101%. In […]
Why Are Only Small-Cap Coins Surging & Large-Cap Crypto’s Looking like ‘Trash’
In the past month, a lot of cryptocurrencies have popped and run a good rally. Dogecoin was covered by the mainstream media when zoomers on Tik Tok made it their mission to take this altcoin to $1 which wasn’t realized, but its volume surely skyrocketed with coins dormant for three years also getting active. Today, […]
Investing in Ethereum – Everything You Need to Know
Ethereum is an open-source distributed blockchain network that simplifies smart contract scripting. Importantly, the platform allows developers to streamline build decentralized applications that function on blockchains. Consequently, the platform has introduced the world to host of new functionalities and applications. ETH Popularity It’s nearly impossible to venture into the crypto market without hearing about Ethereum. […]
Compound’s DeFi Craze Continues As Institutional Crypto Custodian, Curv, Opens Up Support
Curv, the crypto custody startup, is using the Compound protocol to help institutions earn passive income on their crypto assets. The startup has gained popularity among asset managers, exchanges, and other institutional clients. However, as of now, only deposits are made possible on the platform, and Curv said that as it reaches more people, it […]
Canadian Tech Startup Sues ConsenSys For Stealing Payment Coding; Lawsuit is Fabricated
Canadian tech startup, BlockCrushr, is taking Ethereum developer, ConsenSys, to court over the stolen intellectual property of a payment solution. The plaintiff claims ConsenSys stole its source code when they participated in a ConsenSys-sponsored hackathon to create a rival payment system to theirs. In a filing to the Eastern District of New York Court, BlockCrushr […]
Government Agencies Are Now on the Bitcoin Trail to Identify Twitter Hackers
The US Federal Bureau of Investigation (FBI) is now leading a federal inquiry into the Twitter scam after hackers seized control of “approximately 130 accounts” including those belonging to Jeff Bezos, Elon Musk, Barack Obama, Warren Buffett, Joe Biden, Kim Kardashian, and others in a bitcoin-related scam, reported Reuters citing unnamed two sources familiar with […]
Coinbase Lists Algorand Due To Customer Demand; ALGO’s Price Jumps 32%
An official post on the Coinbase blog confirms the listing of Algorand (ALGO), a blockchain focusing on providing sustainable blockchain infrastructure. Users on the most significant U.S. crypto exchange will now be able to trade, buy, and sell ALGO on the web version and Coinbase app, the further post states. The statement reads, “Coinbase customers […]
