Summary: ETH and Stablecoins running on Ethereum settled over $1.6 Trillion in 2020 The three major stablecoins driving transaction volume on Ethereum are Tether (USDT), USDC and DAI Stablecoins are a bridge between traditional finance and crypto markets ETH, together with stablecoins running on the Ethereum network settled over $1.6 Trillion in transactions last year. This is according to a […]

Reddit is expanding its role in the Ethereum ecosystem to develop blockchain tools. Reddit Increasing Commitment to Blockchain On Wednesday, the social media platform announced that it is expanding its collaboration with the Ethereum Foundation to provide resources for developing scaling tools. In a statement posted on r/ethereum, a Reddit employee said that the move increases its commitment to technology […]

Ethereum (ETH/USD) extended its recent pullback early in today’s North American session as the pair depreciated to the 1224.01 area after trading as high as the 1375.91 area during the Asian session, a test of the 50% retracement of the depreciating range from 1477.30 to 1245.00 and the 50-hour simple moving average.  Stops were elected below the 1239.81 area during […]

On Tuesday, January 26th, Ethereum is growing a bit, trading at 1,322 USD. On D1, ETH/USD is renewing the highs, forming a correction. We can expect the quotations drop to 61.8% Fibo. Upon testing the level, they might end the pullback and go on growing. The MACD histogram remains above zero but is declining gradually, which is another signal for […]

A Fundstrat Global Advisors LLC strategist, David Grider, predicts the Ethereum price to reach $10,500. This is a day after the second most valuable digital asset rose to all-time highs above $1.4k, Bloomberg reported on Jan 20. Ethereum Stands out In a note to clients on Wednesday, David said Ethereum has the best risk/reward investment play in crypto. The strategy […]

Ethereum, the world’s second-largest cryptocurrency by market capitalization, has been blossoming with decentralized finance, better known as DeFi, and some market pundits believe the cryptocurrency could see further upside after recently hitting a new lifetime high.  An analyst at leading market research firm Fundstrat Global Advisors, David Grider, says ETH could easily surge more than seven-fold to $10,500 by year-end, […]

Ethereum has in the last 24 hours made a stride that has left it an inch away from reaching its ATH. With the breakout looking stronger than ever, the coin is set to discover a new high with most analysts expecting a week-close above $1,500. Some further predict that ETH will pull a stance like Bitcoin by doubling from its […]

Former Goldman Sachs executive Raoul Pal, who is seen as an important influencer in the crypto community, revealed on Monday (January 18) that he had increased his ETH holdings. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm GLG Partners (which is […]

Crypto-investment firm Pantera Capital has revealed that it is “overweight” on Ethereum in the firm’s most recent investor letter. Despite the fact that ETH, at press time, was down by over 35% from its all-time high, the investment firm believes that it is undervalued on a relative basis to Bitcoin. Given that Bitcoin’s dominance has been trending on the higher […]