Category : EthereumWorldNews

Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving

Quick take: Bitcoin (BTC) has once again reclaimed $9,000 with 5 days until halving. Pantera Capital’s CEO, Dan Morehead, sees a scenario where BTC hits $115,212 by August 2021. His analysis is based on the change in the stock-to-flow ratio...

BitTorrent (BTT) Throws Another Jab at Filecoin (FIL)

In brief: In a recent tweet, the team at BitTorrent (BTT) has highlighted why the BTFS file system is better than Filecoin (FIL). The teams behind both projects have been throwing jabs at each other ranging from accusations of plagiarism and going...

Robinhood Secures $280M in Series F Funding, Plans to Expand Globally

In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation. The funding will drive a push to expand the platform globally. Robinhood also plans on scaling the platform and offering more products to users. The t...

PegNet Launches Mobile Wallet for Android

The fully-decentralized network of stablecoins, PegNet, announces the launch of the first mobile wallet for Android users to easily convert pegged asset tokens. PegNet wallet hosts 42 stable pegged asset tokens of the top fiats, cryptocurrencies,...

EMX Exchange Halts Trading of USOIL-Perp After Crude Oil Crash

In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory. Such an event had not been anticipated by the team at the EMX exchange. The team halted trading of its USOIL-Perp contract. ...

Ethereum’s (ETH) Price Holds $168 Support Amidst Historic Oil Dump

In brief: The price of US Crude oil fell hard to $0 with its futures contracts going as far down as $-40. The once in a lifetime event, shook the crypto markets with Bitcoin (BTC) going back below $7,000. At the time of writing this, the price of Et...

XRP’s Price Could Keep Falling as Holders Decrease

In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically. The report also indicates that members of the XRP army have continued to decline since January 2018. The new stats could indi...

Justin Sun Baffled By a Jump in New Tron (TRX) Accounts

In brief: On the 19th of April, the Tron network recorded its highest daily increase in new accounts. This feat was noticed by a senior Tron Community member. Justin Sun was baffled by the sudden increase. However, it could be due to the Just (JST)...

Why Staking Crypto such as TRX, KAVA and more is Gathering Steam

In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious. The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading. Staking crypto on the various...

Why $7,050 is the Level to Watch During Bitcoin’s (BTC) Weekly Close

In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300. At the same time, its trade volume has been dropping together with its dominance in the crypto markets. In our analysis of Bitcoin (BTC) a few hours ago, we were...

Stimulus Checks and Hedge Funds, Why Bitcoin (BTC) is headed to $8,000

In brief: Evidence points towards US citizens using there $1,200 stimulus checks to buy Bitcoin (BTC). Grayscale Capital’s recent quarterly report provides a clue as to institutional interest in Bitcoin (BTC). The King of Crypto is hovering ar...

3 Reasons Why Binance Coin (BNB) Has its Eyes Set on $21

In brief: The team at Binance has completed one of the largest coin burns of BNB to date. The Binance Chain community recently released a whitepaper outlining plans to enable smart contracts. Binance Coin has its eyes set on erasing all losses expe...

How Stablecoins are Harmful to the Price of Bitcoin (BTC)

In brief: Stablecoin market capitalization has reached a whopping $8 Billion. This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC). With central banks minting fiat, stablecoins are backed by currencies pro...

How Ethereum’s (ETH) Price is Back in Bullish Territory

In brief: In a previous analysis of ETH/USDT, we had identified $148 as a solid support zone. ETH/USDT tested this support zone twice, bouncing off of it on the 16th of April. ETH/USDT is currently valued at $170 and looks set to continue on its upw...