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Cryptocurrency News Ethereum

Tether Moves 1 Billion USDT to Ethereum Amid Sky-High Fees and Congestion

Ethereum’s network is on the brink of its highest congestion rate, while the transaction fees are still particularly high. Amid all of this, Tether has moved over 1 billion USDT from Tron’s network to Ethereum. Tether Moving 1 Billion USDT to Ethereum Earlier today, Tether, the company issuing the most popular stablecoin, USDT, announced that Read more…

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Cryptocurrency News DeFi Ethereum

Defi Is Coming to Qtum as Ethereum Rival Launches $1M Defi Dev Fund

Blockchain smart contract network Qtum has become the latest ecosystem to woo Ethereum developers. Unlike many of its rivals, however, Qtum can boast compatibility with Ethereum’s EVM, meaning developers can port projects directly over. On August 17, the Qtum Foundation announced a $1 million DeFi development fund that will be allocated to solo devs and Read more…

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Bitcoin Cryptocurrency News Ethereum

$217M Invested In Crypto As Grayscale Marks Its Best Week Following Nationwide Commercial Launch

The leading cryptocurrency asset management company – Grayscale Investments – has recorded its most significant fundraising week in its 7-year history. Interestingly, the massive spike followed a nationwide advertising campaign the company ran in the U.S. Grayscale Commercial Worked As CryptoPotato reported a week ago, the digital asset manager planned to run a widespread advertising Read more…

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Cryptocurrency News Ethereum

Following Today’s Action Will ETH Finally Close Above $400? (Ethereum Price Analysis)

Ethereum saw a 3.4% price rise today as it hit the $389 level. The cryptocurrency had reached as high as $408 earlier in the week and went on to drop into the $380 support. Against Bitcoin, Ethereum fell lower from the 0.035 BTC resistance but found strong support at 0.0326 BTC. ETH/USD: Bulls Set Targets Read more…

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Crypto Analysis Cryptocurrency News Ethereum

Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level

Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling the crypto higher in the near-term Where ETH trends next as it hovers around this crucial level may depend on Bitcoin, as it guided the market’s Read more…

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Cryptocurrency News Ethereum

Analyst: It’s “Hard to See” Ethereum Going Fully Bullish Without Wall Street

Despite a brutal bear market that shook out most investors, Ethereum is fundamentally stronger than ever. David Hoffman, the CCO of RealT and a podcaster in the industry, accentuated this in the tweet below. The tweet notes that a number of Ethereum’s usage metrics and use cases are at all-time highs, despite the meager price Read more…