As Ethereum Embraces Tether's USDT, ETH's Value is Threatened

Over the past few weeks, Ethereum has been subject to a trend few expected: stablecoins — cryptocurrencies tied to the value of a “stable” asset external to the industry — have flocked to the blockchain. Stablecoins have become a trend so relegated to the blockchain that there is now $5.6 billion worth of Tether’s USDT stablecoin issued on Ethereum, as […]

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Half of the 1.5 Million Ethereum Mined in 2020 Bought by Grayscale Investors | BTCMANAGER

Institutional investors on digital asset management firm, Grayscale Investments, have bought almost half of all Ethereum (ETH) mined so far in 2020. Grayscale continues to be the leading vehicle for big-money players gaining exposure to the nascent cryptocurrency market. Grayscale Institutional Investors Loading up on Ethereum According to figures shared by Redditor “nootropicat,” Grayscale institutional buyers have purchased close to […]

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Ethereum to See Brutal Rejection as Bearish Trendline Test Approaches

Ethereum caught some notable upwards momentum earlier today that has led it up towards the $180 region This momentum has led it towards a key descending trendline that could spark a brutal rejection ETH also faces some intense horizontal resistance just a hair above its current price Ethereum and the aggregated cryptocurrency market is currently caught within a firm upswing […]

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This Macro Trend Signals Ethereum Will Soon Reach $40, Notes Analyst

Ethereum has seen all of its recent upswings grow weaker throughout the past several months Underlying weakness amongst ETH buyers could be enough to lead the cryptocurrency to as low as $40-50 by the end of 2021 Ethereum, like Bitcoin and most other cryptocurrencies today, has further extended the downwards momentum that was first sparked yesterday when the crypto lost […]

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Ethereum Surges 14% Today, Here's 3 Reasons Why

Ethereum price has surged in value over the past week, posting its largest gains in the last twenty-four hours. Several notable factors have contributed to this rise, which could have strong effects on the platform moving forward. DEFI IS REDEFINING THE PLATFORM Over the past year, decentralized finance (DeFi) has emerged as a major element of the blockchain space. DeFi […]

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Coronavirus Infects 2 More Ethereum Event Attendees

The Ethereum Community Conference (EthCC) held in Paris on March 3-5 turned out to be a hot spot for COVID-19 transmission. Eighteen of a supposed one thousand attendees have now tested positive, with many more results pending. 18 Ethereum Event Attendees Now Infected The exact number in attendance is unknown, although approximately one thousand had registered for the event. Since […]

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DeFi Confidence Returning as Ethereum Deposits Surge

The embryonic decentralized finance ecosystem took a beating last month following a couple of protocol exploits. Ethereum deposits are now increasing again as confidence returns. Ethereum Deposits Back Up In the wake of the flash loan exploit which resulted in attackers netting a tidy profit, decentralized finance took a beating. The bitcoin maximalists came out in force deriding this nascent […]

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