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Ethereum World News 05/06/2020 14:41
Quick take: Bitcoin (BTC) has once again reclaimed $9,000 with 5 days until halving. Pantera Capital’s CEO, Dan Morehead, sees a scenario where BTC hits $115,212 by August 2021. His analysis is based on the change in the stock-to-flow ratio across each halving. The hype and excitement surrounding the Bitcoin halving event is once again evident in the current price of BTC. At the time of writing this, Bitcoin has just broken both the $9,000 and $9,100 resistance levels and […]
Ethereum World News 05/05/2020 11:30
In brief: In a recent tweet, the team at BitTorrent (BTT) has highlighted why the BTFS file system is better than Filecoin (FIL). The teams behind both projects have been throwing jabs at each other ranging from accusations of plagiarism and going as far as claiming the other is ‘vaporware’. Filecoin’s (FIL) Mainnet is set to be launched between mid-July and mid-August. In a recent tweet, the team at BitTorrent (BTT) highlighted why its BTFS file system is better than […]
Ethereum World News 05/05/2020 10:30
In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation. The funding will drive a push to expand the platform globally. Robinhood also plans on scaling the platform and offering more products to users. The team at the popular trading platform of Robinhood has announced that the firm has secured $280 Million series F funding after an $8.3 Billion valuation. The round of funding was lead by Sequoia Capital which is an existing investor of […]
Ethereum World News 05/04/2020 12:52
The fully-decentralized network of stablecoins, PegNet, announces the launch of the first mobile wallet for Android users to easily convert pegged asset tokens. PegNet wallet hosts 42 stable pegged asset tokens of the top fiats, cryptocurrencies, and commodities gold and silver PegNet is the first proof-of-work oracle-based stablecoin network for DeFi Fixed $0.001 cost for all transactions and conversions within the PegNet system PegNet community launches the first mobile wallet for users on the android app store. Cryptocurrency users now […]
Ethereum World News 04/21/2020 16:46
In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory. Such an event had not been anticipated by the team at the EMX exchange. The team halted trading of its USOIL-Perp contract. Trading of the perpetual contract is yet to be reopened as the team decides on a way forward. Yesterday’s price movement of US Crude Oil shocked everyone. The majority of traders were confident that the price of the […]
Ethereum World News 04/21/2020 07:28
In brief: The price of US Crude oil fell hard to $0 with its futures contracts going as far down as $-40. The once in a lifetime event, shook the crypto markets with Bitcoin (BTC) going back below $7,000. At the time of writing this, the price of Ethereum (ETH) is holding the $168 support zone. Analysts across the world have constantly been calling for a recession but no one was prepared for yesterday’s (April 20th) price action of US […]
Ethereum World News 04/20/2020 09:33
In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically. The report also indicates that members of the XRP army have continued to decline since January 2018. The new stats could indicate a continuous trend of capitulation by XRP investors. Times have drastically changed for XRP since the exciting days of late 2017 and early 2018. Back then, XRP was also known as Ripple and the company had […]
Ethereum World News 04/20/2020 08:24
In brief: On the 19th of April, the Tron network recorded its highest daily increase in new accounts. This feat was noticed by a senior Tron Community member. Justin Sun was baffled by the sudden increase. However, it could be due to the Just (JST) token scale next month and the allure of staking TRX. The Tron (TRX) network has continued to run smoothly since its mainnet was launched in mid-2018. Additionally, the number of total accounts on the network […]
Ethereum World News 04/19/2020 12:16
In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious. The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading. Staking crypto on the various exchanges has provided an alternative to trading and/or storing value in stablecoins. The Bitcoin (BTC) and crypto market crash of mid-March was one event that not too many traders believed would happen. The majority of Bitcoin enthusiasts believed that […]
Ethereum World News 04/19/2020 10:08
In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300. At the same time, its trade volume has been dropping together with its dominance in the crypto markets. In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on a slow and tense journey towards $8,000. We also identified a few support zones that include $7,050, $6,900, $6,800 and $6,600. Why $7,050 is the Level to Watch […]
Ethereum World News 04/18/2020 15:25
In brief: Evidence points towards US citizens using there $1,200 stimulus checks to buy Bitcoin (BTC). Grayscale Capital’s recent quarterly report provides a clue as to institutional interest in Bitcoin (BTC). The King of Crypto is hovering around $7,200 and looks set to start a climb up to $8,000. For the last 72 hours, Bitcoin (BTC) has been hovering above $7,000. It is attempting a move up that would guarantee bullish momentum and erase all the losses brought about by […]
Ethereum World News 04/18/2020 13:18
In brief: The team at Binance has completed one of the largest coin burns of BNB to date. The Binance Chain community recently released a whitepaper outlining plans to enable smart contracts. Binance Coin has its eyes set on erasing all losses experienced in March. In December of 2018, Ethereum World News hinted that Binance Coin (BNB) was one of those coins every long term crypto investor should have on their radar. Back then, the coin was valued at approximately […]
Ethereum World News 04/17/2020 03:27
In brief: Stablecoin market capitalization has reached a whopping $8 Billion. This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC). With central banks minting fiat, stablecoins are backed by currencies prone to inflation. An ideal future is where all trading is denominated in Satoshis. Recent news has highlighted that the crypto market cap of stablecoins has reached a whopping $8 Billion further providing fuel to the question of whether such tokens/coins are harmful to the […]
Ethereum World News 04/17/2020 02:07
In brief: In a previous analysis of ETH/USDT, we had identified $148 as a solid support zone. ETH/USDT tested this support zone twice, bouncing off of it on the 16th of April. ETH/USDT is currently valued at $170 and looks set to continue on its upward trajectory towards $200. With the Bitcoin (BTC) halving now officially less than a month away, the crypto markets have continued to surprise us on a daily basis. With regards to the King of Crypto, […]
Ethereum World News 04/15/2020 11:20
In brief: Some traders thrive during crypto market volatility and can make profits regardless of the trend. A variety of savings options are available for holders who prefer to play the long game. One method is to save using popular exchanges such as Binance. A second is through MyCred which has a liking to Litecoin (LTC). To a certain degree, trading cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and XRP, in a bear market can be particularly difficult […]
Ethereum World News 04/15/2020 10:14
In brief: Gold is thriving as the Feds and other global Central Banks continually print fiat to cushion against the possibilities of a recession. The IMF has warned that the world is on track to experience its worst recession since the Great Depression of the 1920s. Bitcoin and Crypto enthusiasts have been monitoring Gold in these trying times. Bitcoin (BTC) is currently consolidating above the $6,600 support zone. Bitcoin (BTC) enthusiasts and traders have tracked the price increment of Gold […]
Ethereum World News 04/14/2020 06:08
In summary: Decentralized Finance (DeFi) has blossomed in the last year as more projects utilize the Ethereum blockchain due to its smart-contract capabilities. Currently, there is over 2.7 Million ETH locked up in DeFi DApps. Maker DAO transactions take up 49.36% of the ETH locked up in DeFi platforms. Can Tron (TRX) exceed this with Just (JST)? Decentralized Finance has been hailed as the best way of managing ‘money’ away from traditional banks and into the hands of DAOs (Decentralized […]
Ethereum World News 04/14/2020 03:48
In brief: Binance Launchpad will conduct its second crowdfunding campaign of 2020 with the Cartesi Project. In an earlier analysis, $15.50 had proved a difficult ceiling to break for Binance Coin (BNB). BNB has since broken this resistance and looks set to attempt erasing all losses of March. Opening the twitter page belonging to the Binance crypto exchange always has a level of excitement to it. Every day, there is always a new development or an announcement further stating the […]
Ethereum World News 04/13/2020 06:49
Quick take: Litecoin’s halving in August 2019, was uneventful with LTC’s price failing to meet the expectations of fans and traders. LTC is frequently considered as Bitcoin’s little brother. Some analysts believe that first doing technical analysis on LTC could provide insights into Bitcoin’s future. It is Easter Monday and the King of Crypto followed our previous analysis of holding the $6,600 support level. To note is that we did not expect that there might be a slight pump before […]
Ethereum World News 04/12/2020 05:04
Quick take: CEO of Morgan Creek Digital, Mark Yusko, was a recent guest on Thinking Crypto, a Youtube crypto news channel. In the interview, Mr. Yusko discussed the current state of the stock market, COVID19, the genesis of Morgan Creek Capital, CBDCs and more. He further explained that XRP and XLM were too closely held by Ripple and the Stellar foundation respectively. In a recent interview on Thinking Crypto, the CEO of Morgan Creek Capital, Mark Yusko, talked about the […]

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