Ethereum beat even Bitcoin in terms of overall gains in 2020, but the altcoin still hasn’t broken its former all-time high, while Bitcoin has since left its record far behind. However, according to one crypto capital manager, as soon as Ethereum does take out its former peak, the altcoin will “double” within “two weeks.” Here’s…
Over the summer months, Ethereum transaction fees ran hot, causing the DeFi trend and Uniswap token swapping boom to finally run out of steam. But as transaction fees begin to pick up again after a period of inactivity and downtrend, could it be a signal that another phase of DeFi dominance is about to start?…
The crypto market is a confusing space. Not only do investors need to pay careful attention to Bitcoin market cycles driving the overall sentiment, but also to the relationship between BTC and altcoins like Ethereum and Litecoin. As two of the top altcoins with the most longevity in the market, Ethereum and Litecoin can be…
A confluence of bullish fundamental and technical indicators sees Ethereum rallying upward towards $500 in the fourth quarter. The second-largest blockchain asset by market capitalization has rallied by more than 200 percent in 2020, with its price trading just shy of $490 in early September. Nevertheless, its uptrend paused as traders migrated to Bitcoin, the…
Ethereum spent most of 2020 outperforming Bitcoin by a large margin, thanks to the burning hot DeFi trend and the related tokens’ reliance on the second-ranked crypto asset. But since things have reversed and Bitcoin has gone on its own individual run, on the ETHBTC trading pair, Ethereum has reached a point of “do or…
Since the summer peak of the DeFi explosion, top Ethereum-based tokens from the space have dumped considerably due to becoming overvalued too quickly, and Bitcoin suddenly stealing up any flowing capital share. But while this happened, the total USD value locked in DeFi applications continued to climb right along as if nothing ever happened. Is…
Ethereum, aside from Chainlink, is the best performing cryptocurrency in the top ten by market cap. The top-ranked altcoin has had enjoyed a substantial rebound from bear market lows and surged all throughout 2020 on the heels of the DeFi trend. But despite the greater crypto market recovery, one crypto analyst sees a bearish Elliott…
Bitcoin has done well for itself in 2020, making it the top mainstream investment of the year so far. But deeper in the crypto market, Bitcoin’s gains look meager next to even its next closest asset in line, Ethereum. Ethereum and DeFi tokens outperformed Bitcoin easily this year so far, but that trend is “done”…
The Ethereum wallet interface and browser extension MetaMask has recently achieved a milestone 1 million monthly active users, highlighting the enormous adoption underway. The rise runs in parallel with the DeFi trend, capped off recently by the explosion in users rushing to claim new Uniswap tokens. Here’s how all these different projects and applications are…
Ethereum has been holding up well compared to the rest of the DeFi space, but the recent news that the second-round of stimulus checked proposed by the House was rejected by Trump has changed that. The top-ranked altcoin just took 3% off its value in a matter of thirty minutes or less following the tweet…