Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ETH
WMA: Bitcoin price drops after failing to conquer the $10k barrier
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $267 billion. Bitcoin failed to go over the $10K level, and it ends the week trading in the red. Ethereum decreased by 2.5% over the past week but looking to surge again. XRP lost more than 4% and fell below $0.20 again Fears of a second wave of COVID-19 infections have shaken the markets…
5 years ago
5 Blockchain Platforms That Will Dominate the Dapp Ecosystem in 2020
Decentralized applications (dApps) have significantly changed the field of blockchain tech. They are a new software application that does not undergo downtime and is not owned by any central authority. In recent months, Dapps have made inroads in various fields like gambling, technology, education, finance, and others areas. Ethereum (ETH) was the first blockchain that unlocked Dapp's true potential by allowing developers worldwide to create unique apps on the platform. However, many other blockchain networks joined with time, resulting in…
5 years ago
80 Percent of Ethereum’s Supply is Profitable, What Will Happen to ETH?
Technically, the performance of Ethereum has recently been relatively dull, with bulls striving to gather any remarkable uptrend as the cryptocurrency asset closely tracks the performance of Bitcoin. A data metric reveals investors’ heavy accumulation when ETH incurred a recent downturn. Hence, they have gained profit which has attained a historical area of barrier, as 80 percent of ETH’s supply is now in a state of profitability. Analytics platform Glassnode noted that 80 percent of the aggregated ETH supply is currently profitable.…
5 years ago
About 120,000 Ethereum Wallets Hold Minimum Tokens For ETH 2.0 Staking
ETH 2.0 staking node requires Ethereum wallets to have a minimum of 32 ETH and according to data provided by Arcane Research and Nansen AI, the number of Ethereum wallets with the minimum number of tokens have increased by 13 percent in 2020. The cryptocurrency space is awaiting the TBD launch of Ethereum 2.0, while ETH buyers are accumulating tokens in anticipation of the update apparently in an attempt to claim the supposed staking nodes that will be important to ETH’s upgrade. The analytics…
5 years ago
WMA: Bitcoin teases with early surge only to fall below the dreaded $10K barrier again
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $274 billion Bitcoin jumped to almost $10,500 mid-week but slumped back to $9,400 support Ethereum is pushing against the $245 resistance level for another week XRP falls below $0.20 and loses (again) its 3rd position in the market cap table to Tether Cardano surprises the market with a spectacular increase of 35% Most legacy…
5 years ago
It Seems Ethereum Will Outperform Bitcoin Ahead, Says Macro Analysts
The price of Ethereum has dipped by almost 80 percent from its lifetime high of $1.4k. This is due to the ICO bubble collapse and the history of a shift from altcoins to Bitcoins. However, by comparison, Bitcoin has only declined by 50 percent from its lifetime high of almost $20k. Numerous cryptocurrency market participants believe that Bitcoin will keep outperforming altcoins while a renowned investor is throwing his weight behind Ethereum. It is clear that the performance of Bitcoin…
5 years ago
WMA: Bitcoin wobbles again, but did it finally spend its last week under $10k?
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $269 billion Bitcoin slumped to almost $8,700 but surged back to $9,500 over the weekend Ethereum is flying high on a 10% increase during the week XRP finally climbs above the $0.20 mark and stays there for more than a day Argentina defaults on $65 billion worth of foreign debt Crypto Trends 25th -…
5 years ago
TRON Is “Getting Ready” for Version 4.0 – Here’s All You Need to Know
TRON Founder and CEO Justin Sun recently set Twitter on fire with the TRON 4.0 launch announcement. Founded in 2017, TRON is mainly designed to exploit blockchain technology and the Peer-to-Peer network to erase the need for middlemen in its ecosystem. Fuelled by the ambition to create a fully decentralized blockchain, the platform has partnered with various firms and attracted many developers and users. Sun's latest tweet about TRON 4.0 triggered new excitement among blockchain users and fans. But what…
5 years ago
WMA: Bitcoin struggles to make it past the $10k mark as Tether becomes 3rd-highest trading crypto
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $254 billion. Bitcoin lost almost 4% in a flash crash on Thursday and missed the chance to reach $10,000 Ethereum is up over 3.5% against BTC, and it hints towards $215 XRP price zig-zags across the $0.20 barrier Tether becomes the 3rd-largest trading crypto after overcoming Ripple’s XRP. Crypto Trends 18th - 24th of…
5 years ago