Tether’s USDT has now become part of the OMG Network. The collaboration with the OMG Platform, as per sources, is aimed at reducing the delays that the Ethereum network is very susceptible to. As per Bitfinex, the switch will support USDT get to be a lot more effective, both with receipts and payments. The time […]
Large cryptocurrency exchange Binance announced the launch of options contracts for Ethereum and XRP. According to the announcement, Binance users will initially be able to access new products only through the Binance mobile app. Last month, Binance announced the possibilities of Bitcoin for its users. With the new offer, ETH and XRP options are available […]
According to the fund manager, the upcoming and anticipated version of ETH 2.0 may not have a positive impact on the Ethereum network, as expected. Even though there is a lot of unrest in the crypto community, not everyone is excited. Kelvin Koh of Spartan Group, a crypto hedge fund, and financial advisory company, said […]
Key Resistance Levels: $225, $250, $275Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: BullishEthereum has been on a downward correction after the breakdown on May 10. Buyers find penetration difficult at the $200 and $205 resistances. After the resistance at $205, ETH fell to $191 low. At the low of $195, ETH rebounded twice […]
To be used on the Reddit website, two subreddits have declared their tokens. The assets kicked off on May 13. The two subreddits, r / Cryptocurrency, and r / FortNiteBR plan to use their digital tokens on the site as “group points.” The coins are known as MOON and BRICK. These subreddits are composed of […]
The society of MakerDAO has taken down the Single-Collateral DAI (Sai) process as the complete protocol converts to the latest Multi-Collateral DAI (MCD or Dai) process. MCD was enabled on MakerDAO in November 2019 as an update to Dai protocol. Whereas Sai is only supported by ETH collateral, MCD is supported by many asset forms, […]
ErisX, a derivatives clearing firm headquartered in Chicago, today announced the introduction of physically settled Ether contracts to its current futures products. ErisX previously provided settled Bitcoin (BTC) contracts in physical form. Although BTC retains the dominant cryptocurrency position, second-placed ETH has trailed behind. While it’s no coincidence that ErisX wants to introduce an Ether […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bearish Ethereum has been trading above $200 after a rebound on May 7. However, the king altcoin suffered another setback after a breakdown yesterday. The coin dropped to $180 low but price corrected upward above $185. On the downside, ETH […]
Li Lihui, a leading member of the blockchain research team at China’s National Internet Finance Association (NIFA), believes the cryptocurrency release of the central bank is inevitable. Showing up inside a podcast hosted by People’s Daily reporting China’s digital yuan issuance or how it might affect the flow of money and financial regulation, the Bank […]
