Category: Ethereum

A popular crypto trader and analyst thinks Ethereum (ETH) and Chainlink (LINK) are due for another run towards new all-time highs. The crypto trader known as Pentoshi tells his 270,500 Twitter followers that the smart contract platform Ethereum (ETH) is looking bullish on both the USD and BTC pairing after breaking downwards resistance. “$ETH /

ARK Invest’s Cathie Wood says it’s clear that Ethereum (ETH) is satisfying a huge unmet need in the digital asset space. In a new interview with Bankless, the noted investment management firm founder says that ETH is showing up as a strong second to Bitcoin (BTC) as a potential reserve currency.   “I have been

The European Securities and Markets Authority (ESMA) has published its report on trends, risks and vulnerabilities in the European Union markets during the first half of 2021 (1H21). Its takeaways included the argument that crypto markets’ extraordinary volatility and growth make a compelling case for the need for a targeted regulatory regime, as sketched out

Crypto analyst Justin Bennett sees further market corrections for altcoins on the horizon. The popular trader tells his 67,600 Twitter followers that the native asset of the smart contract blockchain Cardano (ADA) could be in for a serious pullback.   Cardano’s native asset ADA is trading at $2.39 at time of writing and is down

Bitcoin (BTC) is leading the recovery in the crypto sector and the cryptocurrency briefly rallied to $48,429 on Sept. 15, before pulling back to test the underlying support levels. While speaking during a live stream at the SALT conference, Ark Invest CEO Cathie Wood said that Bitcoin is the default currency of the crypto space

Nonfungible tokens, or NFTs, have taken the cryptocurrency sector by storm in 2021. The growing interest in these digital collectibles resulted in record-breaking trading volumes during the month of August, with individual NFT sales exceeding more than $1 million dollars on a regular basis.  Yet with so many NFTs currently on the market, it can be

High-performance blockchain Solana (SOL) is growing in popularity among cryptocurrency investors, threatening more established crypto asset investment products. According to digital asset management firm CoinShares, the seventh-largest cryptocurrency by market cap saw more inflows than Bitcoin and Ethereum during the week ending September 13th.   During the period when the cryptocurrency market largely saw declines,

According to derivatives markets, Ether (ETH) traders are still confident that there is the chance formore upside even though the 23% correction on Sept. 7 took a hit on prices.  Ethereum network congestion also peaked on Sept. 7 when the average transaction fee reached $60, and since then it has remained above $17. As a

Immutable, a layer-two nonfungible token (NFT) protocol built on the Ethereum blockchain, has announced a $60 million Series B funding raise from a multitude of corporate venture firms, including Sam Bankman-Fried’s Alameda Research and Gary Vaynerchuk’s VaynerFund. The funding round was co-led by gaming investment platform Bitkraft Ventures and venture firm King River Capital. The

Nearly all significant real-world use cases of cryptocurrency are DeFi use cases.  Ethereum (ETH) is arguably the real star of the blockchain world, and even as Bitcoin (BTC) continues its extended bull run, ETH has also continued to prosper.  According to a July Consensys report, there are now 161 million unique Ethereum addresses, a 10%