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“# Ethereum hits a new all-time high as CME futures go live: Why is ETH price rallying? ” The price of Ether (ETH), the native cryptocurrency of Ethereum, achieved a new all-time high on Feb. 9, 2021. On Binance, ETH rallied to as high as $1,830 merely hours after it started to trade on CME….
“# Can the launch of Colony v2 relieve DeFi’s governance woes? ” Colony, an early Ethereum project aimed at building decentralized governance tooling, announced today that it is preparing for a relaunch that’s been five years, multiple missteps, and a few half-starts in the making. If successful, however, the new app could be a boon…
“# Matic rebrands to Polygon in pursuit of ‘Polkadot on Ethereum’ strategy ” The Matic Network, a project developing an Ethereum-based layer-two solution and an independent proof-of-stake blockchain, announced Tuesday that it would rebrand to Polygon. While the existing products and the token would remain largely the same, the branding change signals a strategic change…
“# ETH represented 80% of last week’s institutional crypto inflows ” Crypto asset manager CoinShares has reported that investment inflows into institutional cryptocurrency funds surged last week, and the majority of it was Ethereum. The report states that of the $245 million crypto inflow last week, 80% of it or $195 million was invested into…
“# Bitcoin volatility almost returned to ‘Black Thursday’ levels in January ” With Bitcoin rallying from $30,000 to $42,000 and back again during January, BTC’s annualized volatility rose to levels last seen in April 2020, according to a new report from U.S. crypto exchange Kraken. January was a roller-coaster ride for Bitcoin, with BTC rallying…
“# Price analysis 2/8: BTC, ETH, ADA, XRP, DOT, BNB, LTC, DOGE, LINK, BCH ” Bitcoin (BTC) broke out to a new all-time high today, buoyed by the news that Tesla has purchased $1.5 billion worth of Bitcoin, according to a filing with the Securities and Exchange Commission. In addition to the Bitcoin purchase, Tesla…
“# Chinese GPU miners reportedly bulk buying Nvidia laptops to mine Ether ” Chinese cryptocurrency miners are reportedly buying Nvidia’s new laptops to mine Ether (ETH) amid the altcoin hitting new all-time highs. Nvidia’s latest GeForce RTX 30 laptops have become increasingly popular in China as a tool for mining cryptocurrency, according to several sources. On…
“# Cointelegraph Consulting: Gauging the impact of ETH shortages on exchanges ” Many researchers and influencers have pointed this out as a bullish sign that illustrates increasing demand for the native token that powers many popular DeFi apps. Others look at this as more of a critical flaw that could make the asset harder to…
“# DeFi snowball will turn into a Web 3.0 avalanche ” Decentralized finance has exploded over the past 12 months. The swapping, staking and yield farming successes have been well touted. The DeFi market cap has reached $45 billion, and there’s over $28 billion total value locked in DeFi today. That’s up from $600 million…
“# CME Ethereum futures go live, Bitcoin caps its best week ever: 5 things to watch this week ” Bitcoin (BTC) bulls seem firmly in the driving seat this week as the largest cryptocurrency begins Monday at near $40,000. After climbing through much of the previous week’s trading, BTC/USD is now up 15% compared to…