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“# Ethereum vs. Bitcoin: Do or die as Ether price drops to a critical level against BTC ” It’s been all about Bitcoin (BTC) in recent months with altcoins suffering as a result and BTC dominance reaching a new local high of 67.5% over the past few days. However, a reversal typically occurs once altcoins…
“# Here’s why pro traders barely flinched at today’s 8% Ethereum price drop ” On Dec. 17 , Ether (ETH) price rallied to $677, its highest level since May 2018, and it seems the top altcoin’s price was driven by Bitcoin’s (BTC) swift move above $21,000. It’s also possible that the CME’s ETH futures launch…
“# Price analysis 12/21: BTC, ETH, XRP, LTC, BCH, LINK, ADA, DOT, BNB, XLM ” MicroStrategy CEO Michael Saylor recently tweeted that he purchased another 29,646 Bitcoin (BTC) at an average price of $29,646. With this purchase, the company has deployed the $650 million raised through a recent convertible debt offering. The business intelligence firm…
“# DEXs launch ‘L2 Squared’ alliance to promote Ethereum scalability ” Layer two decentralized exchanges Loopring and DeversiFi are joining forces by forming a committee dedicated to promoting usage of layer two solutions, named “L2 Squared” or just L². Announced on Monday, the alliance wants to ease the transition for users into these higher performance…
“# CME explains why it waited three years for ETH futures ” The Chicago Mercantile Exchange, or CME, recently announced plans to add Ethereum (ETH) futures to its offering — three years after launching Bitcoin (BTC) futures. Market development has impacted the exchange’s decision to branch out. “Since we launched the CME CF Ether-Dollar Reference…
“# How should investors value DeFi projects? A new paper might have some answers ” A new paper released on Thursday from a team of crypto researchers hopes to add to a body of work that will eventually identify “the Black-Scholes of decentralized finance (DeFi)” — an equation that will allow investors and users to…
“# Australia’s crypto ecosystem 2020: The spark for a DeFi explosion ” For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long been enthusiastic adopters of new technology, from cell phones to smart homes, and it’s little surprise they’ve embraced crypto…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, LTC, ADA, BNB ” When the price of an asset hits a new all-time high, momentum traders plow in as they sense an opportunity to ride the trade higher. The same was seen after Bitcoin (BTC) price broke above the $20,000 mark on Dec. 16….
“# After exploit, Warp Finance compensation plan takes promising strides ” In a blog post on Saturday night, Warp Finance — the latest decentralized finance (DeFi) protocol to suffer a smart contract exploit — announced promising strides towards recompensating users following a nearly $8 million flash loan attack. As Cointelegraph reported on Friday, the DeFi…
“# A lifetime in 24 Tweets: The rise of Inverse.Finance ” Consisting of 24 Tweets over a 48-hour period, Inverse.Finance’s social media presence reads like a decentralized finance (DeFi) startup story in hyperdrive. Over the course of its short life the fledgling protocol has already attracted $4.3 million in total value locked (a figure that…