Ethereum

Ripple (XRP) has joined the bullish run that has engulfed the crypto market since October. The popular altcoin peaked today at $0.53, its highest price since 2019. It is also the best performing major crypto asset of the week, with a price rise of 83% during this period. Ripple Experiencing A Renaissance The recent bullish trend for Ripple has been remarkable and shows that the coin is gaining relevance among traders. Ripple began the past week, struggling within the $0.3…

Leading altcoin, Ethereum achieved a major milestone as its price touched the $500 mark for the first time in two years. Ethereum experienced a major surge in the early hours of the day and moved past the $500 barrier. There was a sharp correction for the altcoin, which retracted to $495 for a few hours. However, at the time of publication, Ethereum is valued at $505, an increase of 8.35% in the past 24 hours. The altcoin has also seen…

Bitcoin’s rise in the past few weeks has been an exciting ride for traders and investors who have been able to rack in profits. However, the recent developments in the last 24 hours show the thin line between profits and losses. $805 million Liquidated Bitcoin made quick gains in the early hours of the day, surging past the $18,000 barrier to set a new yearly high of $18,472.  Soon after achieving this milestone, Bitcoin suffered a flash crash within minutes,…

Bitcoin is the oldest and largest cryptocurrency on the market. It has colossal support from the entire crypto industry and several billion US dollars in liquidity reserves. Even those who are strangers to the world of digital assets know that Bitcoin is King. Nevertheless, for those who have a deep understanding of the Crypto Universe, Bitcoin is showing signs of lethargy regarding getting with the times. While the BTC token is still riding high and close to establishing a new…

Cardano has released its latest roadmap for the rollout of its highly anticipated Goguen updates. This was revealed in a tweet with Cardano expected to deliver most parts of the update by the end of February 2021. Goguen is important in Cardano's development, as it enables the blockchain to become a smart contract platform. This is because it brings a shift in the Cardano network from making transactions alone to becoming a utility platform.  Thus startups and developers can build…

Decentralized finance (DeFi) has enjoyed a significant year with several protocols exceeding expectations. Crypto enthusiasts poured into the sector as several DeFi protocols managed to increase their value exponentially. Ethereum leads the way. DeFi protocols have always been at the forefront of discussions within the crypto community since its boom began. Several blockchain projects have tried to focus on decentralized finance, but not surprisingly, Ethereum holds commanding dominance.   DappRadar revealed in its latest report that 96% of DeFi transactions are made…

Ethereum miners made a huge fortune in September thanks to the Decentralized Finance boom, which resulted in a steep increase in Gas fees on the Ethereum Network. The rise and fall of decentralized finance (DeFi) 2020 has been the year of decentralized finance (DeFi), as this sector has garnered massive popularity and interest within the crypto community. Although DeFi has been spoken of for many years, nobody predicted the massive rise this year. DeFi protocols boomed overnight, with tons of…

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 $368 billion. Bitcoin loses 4% over the week as a result of increasing sales. Ethereum loses more than 6% throughout the week but recovers slightly on the weekend. XRP gets back over $0.27 on the weekend after losing 10% during the week There is no stopping for the DeFi craze, which now has reached…

The Ethereum 2.0 update continues to be one of the most anticipated crypto events of the year. Ethereum 2.0 is a multi-lab initiative that seeks to take the world's second-most popular cryptocurrency to new heights. The upgrade will introduce a host of new features and functionalities to the network. Specifically, the new protocol improves speed, efficiency, and scalability. In addition, developers believe the integration will alleviate congestion and lower gas costs for smart contract developers. Importantly, gas is the currency…