Category: ETH

In brief: Evidence points towards US citizens using there $1,200 stimulus checks to buy Bitcoin (BTC). Grayscale Capital’s recent quarterly report provides a clue as to institutional interest in Bitcoin (BTC). The King of Crypto is hovering around $7,200 and looks set to start a climb up to $8,000. For the last 72 hours, Bitcoin…

In brief: The team at Binance has completed one of the largest coin burns of BNB to date.  The Binance Chain community recently released a whitepaper outlining plans to enable smart contracts. Binance Coin has its eyes set on erasing all losses experienced in March.   In December of 2018, Ethereum World News hinted that Binance…

In brief: Stablecoin market capitalization has reached a whopping $8 Billion.  This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC).  With central banks minting fiat, stablecoins are backed by currencies prone to inflation. An ideal future is where all trading is denominated in Satoshis. Recent news has highlighted that the…

In brief: In a previous analysis of ETH/USDT, we had identified $148 as a solid support zone. ETH/USDT tested this support zone twice, bouncing off of it on the 16th of April. ETH/USDT is currently valued at $170 and looks set to continue on its upward trajectory towards $200. With the Bitcoin (BTC) halving now…

In brief: Some traders thrive during crypto market volatility and can make profits regardless of the trend. A variety of savings options are available for holders who prefer to play the long game. One method is to save using popular exchanges such as Binance. A second is through MyCred which has a liking to Litecoin…

In brief: Gold is thriving as the Feds and other global Central Banks continually print fiat to cushion against the possibilities of a recession. The IMF has warned that the world is on track to experience its worst recession since the Great Depression of the 1920s. Bitcoin and Crypto enthusiasts have been monitoring Gold in…

In summary: Decentralized Finance (DeFi) has blossomed in the last year as more projects utilize the Ethereum blockchain due to its smart-contract capabilities.  Currently, there is over 2.7 Million ETH locked up in DeFi DApps. Maker DAO transactions take up 49.36% of the ETH locked up in DeFi platforms. Can Tron (TRX) exceed this with…

In brief: Binance Launchpad will conduct its second crowdfunding campaign of 2020 with the Cartesi Project. In an earlier analysis, $15.50 had proved a difficult ceiling to break for Binance Coin (BNB). BNB has since broken this resistance and looks set to attempt erasing all losses of March. Opening the twitter page belonging to the…

Quick take: Litecoin’s halving in August 2019, was uneventful with LTC’s price failing to meet the expectations of fans and traders. LTC is frequently considered as Bitcoin’s little brother.  Some analysts believe that first doing technical analysis on LTC could provide insights into Bitcoin’s future.  It is Easter Monday and the King of Crypto followed…

Quick take: CEO of Morgan Creek Digital, Mark Yusko, was a recent guest on Thinking Crypto, a Youtube crypto news channel. In the interview, Mr. Yusko discussed the current state of the stock market, COVID19, the genesis of Morgan Creek Capital, CBDCs and more.  He further explained that XRP and XLM were too closely held…