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Ethereum Network’s High Transaction Costs Could Persist Despite PoW Upgrades: CoinMetrics

According to a recent report by CoinMetrics on the prevailing issue of high transaction fees on the Ethereum network, costs are now at levels twice as expensive as they were in the 2017/2018 bull market. The report also cautioned that the impending EIP-1559 upgrade might not solve the cost issue. The Ethereum blockchain is currently […]

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Argo Blockchain to Pursue Renewable Energy-Based Mining Pool as Bitcoin Value Increases

Argo Blockchain has announced its plans to construct the world’s first clean energy Bitcoin (BTC) mining pool. The London-based company revealed that it was partnering with DMG Blockchain Solutions to carry out the pioneering task. The environmental concerns of Bitcoin mining activities have always been a concern for many critics, given the hefty electrical requirement […]

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NZD/USD Continues Its Downward Move, a Drop To Level 0.6762 Likely

Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair has continued to fall on the downside. The pair faces another rejection at level 0.7300 resistance zone. On March 5 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the Kiwi will […]

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Ethereum (ETH) Price Analysis: Ether Recovers and Resumes a Brief Rally, Faces Initial Resistance at $1,720

Key HighlightsEthereum plunged to $1,560 support after retesting the $1,740 highThe biggest altcoin recovers as bulls buy the dips Ethereum ETH) Current StatisticsThe current price: $1,716.07Market Capitalization: $197,697,937,620Trading Volume: $17,205,200,124Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 28, 2021 Following its fall to $1,560 low, ETH price […]

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USOIL (WTI) Continuous Downward Move, Targets Level $55.14

Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downward move after rejection at level $66. On March 18 downtrend; the crude Oil fell to the low of level $58.25 and resumed consolidation above it. The retraced candle body tested the 61.8% Fibonacci retracement level. This implies […]

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Cryptocurrency Scams to Increase by 75% in 2021: Bolster

According to the Cryptocurrency Scam Report by Bolster—a fraud prevention company—the boom in cryptocurrency use, coupled with the coronavirus pandemic, made cryptocurrency scams more rampant in 2020. In the study, Bolster analyzed the activities of over 300 million websites and discovered that more than 400,000 cryptocurrency scams were created last year alone. According to the […]

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