Ethereum Classic Labs and Fantom Foundation are joining forces to promote decentralized finance, using Fantom’s ecosystem for the base and ETC as collateral. ETC Labs and Fantom Foundation are collaborating to bring decentralized finance (DeFi) to Fantom’s ecosystem, a Feb. 10 press release announced. Ethereum Classic (ETC) will serve as collateral for issuing a stablecoin…
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The top crypto performers of this week have resumed their up move and are now likely to rally to their next overhead resistance levels. Several major altcoins have outperformed Bitcoin in January 2020. However, with the reward halving just over three months away, Bitcoin might play catch up. During the previous two halvings, Bitcoin rallied…
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The bears are attempting to stall the current rally but bulls are likely to defend the closest support levels, suggesting each dip represents a buying opportunity. Morgan Creek Capital CEO Mark Yusko believes that Bitcoin should be a part of every investment portfolio. The performance analysis of the past five years shows that even portfolios…
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Bitcoin and a few other altcoins have broken above their 200-day SMA, which indicates the possibility of the start of a new uptrend. Japanese consulting firm Nomura Research Institute, which is an affiliate of financial services giant Nomura Holdings, has launched a tradable cryptocurrency index in partnership with cryptocurrency investment solution provider Intelligence Unit. The…
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Most major cryptocurrencies have risen sharply from their recent lows which shows that bulls are building positions on every dip. Investors are rushing into various safe haven assets as the coronavirus death toll in China rises and the virus spreads in various Asian countries, the US, parts of Europe and Australia. Usually, the initial reaction…
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The next few days will decide whether cryptocurrencies will fall in tandem with equity and crude oil due to coronavirus or will they buck the trend. The coronavirus outbreak that started in China has gradually spread to a number of countries across the world. This is creating panic among investors as the death toll continues…
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After the recent run-up, most top crypto performers of the past week are showing signs of entering a minor correction or consolidation. Most major cryptocurrencies have started the new year on a positive note. However, in the past 24 hours, the crypto markets are witnessing a sea of red. This shows that the rally has…
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Most major cryptocurrencies have resumed their up move, which shows that the rally can extend for a few more days. The total crypto market capitalization has risen from about $190.5 billion at the start of the year to over $243 billion. That is a rise of about 27.55% within 17 days. This shows that the…
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The Ethereum Classic Cooperative is warning the public against an apparent scam that is attempting to exploit users the day after the altcoin completed its hard fork. An Ethereum Classic (ETC) development organization is warning the public against a possible scam that is attempting to exploit users the day after the altcoin completed its hard…
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Few of the top five cryptocurrency performers of the past seven days are showing signs of bottoming out. Can they start a new uptrend? Coinbase CEO Brian Armstrong believes that rising cryptocurrency prices will generate massive wealth for the crypto investors in the 20s. His friends, Olaf Carlson-Wee and Balaji Srinivasan expect Bitcoin’s price to…
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