ETH price has stalled around the $1,100 level, but several data points suggest the altcoin’s sell-off is far from complete. Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. 10,…
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Global politicians’ claims that crypto is the criminal world’s currency of choice may be wide of the mark, another report reitarates. The findings were detailed in an annual report by the American blockchain analytics firm CipherTrace, which was bought up last year by the payments giant Mastercard…. Read More: Another Report Confirms That Criminal…
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On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency have been swirling. On June 12, around…
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ETH managed a sharp rebound after falling to $950. But the ETH/USD bearish continuation setup could have it revisit it. Ethereum’s native token Ether (ETH) fell to as low as $950 on Uniswap—a decentralized crypto exchange— this June 13, about 20% lower than its spot rate across other exchanges. ETH/USD hourly price chart. Source: Uniswap…
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Data points to capital flight among most major DeFi protocols. On Monday, a heavy cryptocurrency sell-off in the markets caused significant ripples for projects and entities alike. On popular decentralized finance, or DeFi, lending protocol Aave, utilization rates have fallen across nearly all stablecoin borrowings. Most notably, borrowings for Binance USD (BUSD) now stand at…
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Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with the objective of making a “better, more…
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Ether’s price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different? Ethereum’s native token Ether (ETH) entered its “oversold” territory this June 12, for the first time since November 2018, according to its weekly relative strength index (RSI). This is the last time $ETH went oversold on…
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While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since May 18, to roughly $104 billion, and…
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You probably aren’t yet aware of this but non-fungible tokens (NFTs) represent an untapped passive income-generating opportunity. Read on to learn how you can earn passive income with NFTs using a variety of methods that actually work. The convergence of NFT technology and decentralized finance (DeFi) protocols has led to the potential for staking…
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