3 Primary Reasons Why Ethereum (ETH) Could Hit $500 in Q4
A confluence of bullish fundamental and technical indicators sees Ethereum rallying upward towards $500 in the fourth quarter. The second-largest blockchain asset by market capitalization has rallied by more than 200 percent in 2020, with its price trading just shy of $490 in early September. Nevertheless, its uptrend paused as traders migrated to Bitcoin, the […]
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The Bitcoin price has risen above $35,000 for the first time since early May 2022, for which there are a number of reasons beyond mere speculation. These are the five most important reasons. #1 BlackRock’s Spot Bitcoin ETF Approval Looms Large The primary driver behind the surge seems to be the growing anticipation surrounding the […]
Ethereum has lost just over 80% of its value since reaching an all-time high in November 2021, but some market factors point towards it reaching $3,000 again. Let’s explore the reasons that it could become a reality and not just another hype phase that the crypto market has experienced so many times. Why Will Ethereum […]
The price of Ethereum (ETH) hit $500 on Binance for the first time since July 2018. The timing of the ETH rally is noteworthy because it comes merely two days after it dropped to $456. Within two days, from its lowest point on November 18, ETH has rallied by nearly 10%. Several key reasons appear […]
Mergers between sector leaders, rising TVL, and traders looking for fast returns are the primary factors behind the current DeFi boom. Data from Messari shows that over the past 30 days, the majority of tokens listed on the site’s DeFi Assets index have rallied by more than 20%. A few standouts such as Maker's MKR, Synthetic Network Token (SNX) and SushiSwap's SUSHI gained more than 100% during the same time frame. DeFi assets index. Source: Messari.ioFrom Jan. 1 to Jan. 9, the decentralized finance sector saw its total value locked (TVL) rise from $15.678 billion to a record-high $23.092....
This week, former British politician, author, and more, Godfrey Bloom revealed his plan to buy his first Bitcoin. But why? Here are the three primary reasons that the former parliament member would consider investing in the leading cryptocurrency by market cap. Who Is Godfrey Bloom, And Why Did He Decide To Buy Bitcoin? Godfrey Bloom was born in 1949 in London, England. From an early military career, Bloom turned his expertise toward economics. Later on, […]