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Ether's Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global

Ether’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global

Even after setting a new record high of $1,439 on Monday, the rally for Ethereum’s ether cryptocurrency may have only just begun, according to Fundstrat Global Advisors strategist David Grider. Basing his prediction partly on use cases for Ethereum’s blockchain technology, Grider wrote in a note Tuesday that ether has scope for a rally to …

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Yearn, YAM and the Rise of Crypto's 'Weird DeFi' Moment

Yearn, YAM and the Rise of Crypto’s ‘Weird DeFi’ Moment

Decentralized finance (DeFi) started out by imitating the regular financial world, but the way its pieces can be mixed and matched has become so easy that new entrants are starting to get strange. Yearn Finance (YFI), YAM, Spaghetti, Based, whatever today’s variant is – the “Weird DeFi” cohort keeps growing. Yearn.Finance seems to have been …

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Bitcoin's price 'unlikely' to rise following 2nd stimulus payments

Bitcoin’s price ‘unlikely’ to rise following 2nd stimulus payments

On 22 June, the President of the United States, Donald J. Trump, hinted that the second round of stimulus payments could be on its way as the U.S economy continues to recover from the pandemic-induced crash. After 27 March’s historic $2.2 trillion stimulus bill, many expected the 2nd stimulus check to have a positive impact …

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Bitcoin: Is the rise of unregulated crypto-exchanges affecting its growth?

Bitcoin: Is the rise of unregulated crypto-exchanges affecting its growth?

Bitcoin‘s third halving, the most-anticipated event of the year, is finally done and dusted. With regard to the same, many analysts had predicted that the selling pressure from miners would drop and the selling pressure from the exchanges would increase. In a recently released podcast [just hours before the halving event], Willy Woo, an on-chain …

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