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Not All DeFi Users Are Dedicated To Utilizing Ethereum: New Study

It’s no secret that Ethereum has benefited the most from the ongoing decentralized finance (DeFi) craze. After all, nearly all DeFi protocols and coins are based on the blockchain, the second-largest by market capitalization. ETH’s dominance is not really unexpected: it has the most active developers, the most brand recognition, and most importantly, has the…

JPMorgan: Young Investors are Putting Cash into Bitcoin at a Fast Speed

Investors are beginning to turn towards “hard assets” like gold and Bitcoin to protect their capital from imminent inflation resulting from the massive money printing seen across the globe. This demand has driven gold’s price to a fresh all-time high of over $2,000 per ounce that was just set yesterday. It is also likely one…
Crypto Is Up Over 80% in 2020– and Google Users Are Taking Notification

Crypto Is Up Over 80% in 2020– and Google Users Are Taking Notification

The cryptocurrency market is on fire again, after spending several years locked in a cold and painful crypto winter. Bears came out of hibernation and swatted down valuations, and with it, interest plummeted. But with a new dawn here, search interest in the asset class is suddenly springing up once again according to Google Trends…
Zcash Simply Rose 12% as Bitcoin Stagnates: Here’s Why

Zcash Simply Rose 12% as Bitcoin Stagnates: Here’s Why

One of the best-performing crypto assets of the past 24 hours has been Zcash (ZEC). According to data from Trading View, the cryptocurrency has gained 12% over the past day’s trading session, outperforming Bitcoin’s 4% gains and Ethereum’s 2.5% gains. Analysts expect the altcoin, which was one of the worst performers throughout the 2018 bear…
Ethereum Might Quickly Set “New Highs” as $400 Resistance Damages: Expert

Ethereum Might Quickly Set “New Highs” as $400 Resistance Damages: Expert

Ethereum has bounced back quickly after last weekend’s 26% crash from its highs. As of the time of this article’s writing, the leading cryptocurrency has a price of $399 — just 4% below the year-to-date high. Analysts say that pressure is building for a large move higher as the $400 resistance comes under fire. Further…