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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, February 28th, the emotional selling of the ETH has stopped, and the digital currency has got a chance for stabilization. It is generally trading around $227.23. On H4, the quotations have broken the Triangle downwards by a strong impulse and reached 38.2% Fibo. In the short … Read more
Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit funds from the Bzx platform twice, as … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, February 21st, emotional sales in the ETH have stopped. The digital currency is stabilizing around $260.75. On H4, the Ethereum demonstrates the development of a correctional phase shaped as a Triangle. The Triangle is forming around 61.8% Fibo in relation to the previous downtrend. Judging by … Read more
Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App … Read more
Cryptocurrency markets have been climbing higher in value as coins like BTC have gained over 19% during the last 90 days. However, many other digital assets have seen much larger gains and BTC dominance has been sliding downwards consecutively for the last 14 days. Also Read: Craig Wright’s $100B Theft Claim – BTC and BCH … Read more
On February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than 100,000 Poynt retailers worldwide. Also Read: Ethereum vs Tron: Comparing Data, Defi … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, February 11th, the ETH is declining, trading at $219.78. This is the second day in a row in the “red zone”. On D1, the Ethereum keeps demonstrating an uptrend as a correction of the previous decline. By now, the quotations have broken out the resistance line … Read more
According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.” The term refers to any of the thousands of prevalent cryptocurrencies that … Read more
On February 7, Cold Card and Opendime creator, Rodolfo Novak (also known as NVK), tweeted a picture of himself with Tron founder Justin Sun and Blockstream’s CEO Adam Back. Novak said “Ethereum was over” and the three had a plan to move Tron to Liquid, a network that leverages the BTC chain. Whether the tweet … Read more
The total value locked (TVL) in decentralized finance applications has surpassed $1 billion, prompting celebrations from the Ethereum community. Not everyone has been swift to toast the milestone, however, with suggestions that the true value locked into defi protocols is materially lower. Meanwhile, creeping competition from centralized lenders shows that defi will have to innovate … Read more