Why Ethereum (ETH) Key Indicators Suggest Fresh Drop Below $2K

Ethereum failed to stay above $2,100 and it is now moving lower against the US Dollar. ETH price is likely to continue lower and it could even break $2,000. Ethereum started a fresh decline from well above the $2,200 support zone. The price is now trading below $2,100 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $2,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline heavily if there is a break below…

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Nexo Initiates Cardano Integration with Exchange, Borrow & Earn for ADA – CoinCheckup Blog

London, United Kingdom, 30th June, 2021, Nexo, the leading institution for digital assets has initiated the integration of ADA, the native asset of Cardano, to its full suite of financial services. The initial launch includes buy and sell services for ADA on the Nexo Exchange, yields of up to 8% interest, and the option to borrow against the asset at 6.9% APR. The ADA integration comes following extensive demand from both Nexo’s existing clients and the wider Cardano community. It further adds another top tier cryptocurrency to Nexo’s Earn on…

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Ethereum Price on Verge of Massive Breakout! Is It Right Time to Buy ETH?

Ethereum’s value has risen dramatically in recent months, prompting more investors to rush to purchase the cryptocurrency. The increasing popularity of decentralised finance (DeFi) and non-fungible tokens has been credited to the emergence of the second-largest cryptocurrency (NFTs). The current price increase in Ethereum is also due to recent modifications to the Ethereum network.  BitBoy Crypto, a popular analyst, offers insight on the Ethereum network’s planned upgrades and the ramifications these upgrades will have on the network and its native asset. The biggest difficulty that ETH has faced is congestion,…

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The intrinsic value of crypto beyond the financial cycles

Over the past three years of operation, my colleagues at ARPA and I have had the opportunity to reflect in-depth on the nature of blockchain technology and its applications. What do these obscure terms like decentralization, immutability, fairness, and transparency mean for human society? We share our thoughts, which we’ve formulated into eight concepts, with you today in this article. Human beings are diverse in their pursuits; the desire for wealth, companionship and fame is part of human nature. The anticipation of the future helps make humans creative, but humans…

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USDC Is The Most Dominant Ethereum-Backed Stablecoin

The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset. In coming weeks it is very likely USDT’s share of the stablecoin supply on Ethereum will fall below 50% for the first time. USDC is quickly emerging as the dominant stablecoin on Ethereum in large part due to its growing role in DeFi. 1/ pic.twitter.com/LklIUagMWj — Ryan Watkins (@RyanWatkins_) June 29, 2021 According to the analytics research, there is…

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Decentralized liquidity underwriter KUU partners with BENQI to scale DeFi on Avalanche – CoinCheckup Blog

New York, USA, 1st July, 2021, Avalanche-based lending and borrowing protocol BENQI,  and KUU, a decentralized liquidity underwriter for the Avalanche DeFi ecosystem, have announced a partnership to support BENQI’s on-chain liquidations. Additionally, KUU will be putting its under-utilized assets into BENQI to receive yield and maximize profitability. KUU provides reinforcing liquidity by offering flash loans using pooled liquidity on the protocol. Its name is derived from “Kuutar,” who is the Goddess of the moon in Finnish mythology. The decentralized liquidity underwriter allows on-chain keepers to efficiently capture on-chain profits…

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Bitcoin Price Replicates 2019 Recovery Pattern, May Hit $127K Soon!

The majority of the crypto assets continued to follow a downtrend for the second consecutive day. Most of the crypto assets yet again consolidate, following a narrow trend which may result in a massive leg up in the coming days. Moreover, Bitcoin price which just faked its breakout above $40K recently, again visited similar levels around $33K. Yet the BTC price rally is expected to propel above $100k gaining immense bullish momentum. The rally was however, looked as following the Wyckoff Accumulation as the price movements were resembling the pattern.…

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Little known ‘Baby Doge Coin’ jumps 100% after Musk tweet

Elon Musk tweeted about the recently launched Baby Doge Coin token leading to a huge price spike. Similarly, Musk earlier tweeted “Release the Doge!” accompanied by a meme from The Godfather movie. The price of Dogecoin responded by painting a big green hourly candle. Baby Doge, doo, doo, doo, doo, doo,Baby Doge, doo, doo, doo, doo, doo,Baby Doge, doo, doo, doo, doo, doo,Baby Doge — Elon Musk (@elonmusk) July 1, 2021 At this point, it’s clear that Musk is unconcerned about the potential threat of SEC action on charges of…

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The Next 6 Months Will Make Or Break Famed Bitcoin Model

The next 6 months will make or break S2F, the most famous Bitcoin model, says PlanB who popularized the method. The Stock-To-Flow Model The S2F model is a simple method used to predict asset prices. PlanB first posted a chart for Bitcoin based on the technique back in 2019. Here is new chart based on the S2F method for Bitcoin’s current price prediction, posted by PlanB on Twitter: BTC’s S2F model | Source: PlanB The trend predicted by S2F is remarkably close to the real thing. There are a few…

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VEGAS GOLDEN KNIGHTS LAUNCH FIRST SERIES OF COLLECTIBLE NFTs FEATURING UNIQUE VGK-THEMED DESIGNS AND PREMIUM REDEEMABLES – CoinCheckup Blog

Vegas, Nevada, 1st July, 2021,  VEGAS GOLDEN KNIGHTS LAUNCH FIRST SERIES OF COLLECTIBLE NFTs FEATURING UNIQUE VGK-THEMED DESIGNS AND PREMIUM REDEEMABLES Seven one-of-one digital collectibles will be available via auction starting Thursday, July 1 at 9 am PT on Crypto.com/NFT  Vegas Golden Knights Chief Marketing Officer Brian Killingsworth announced today, July 1, that the team has launched their first series of collectible NFTs (non-fungible tokens). There is a limited run of only eight VGK NFTs in the inaugural batch, seven of which will be featured on Crypto.com/NFT in an auction…

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