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Ethereum eSports Betting: How to Get Started

Nowadays, if you are interested in gambling, it’s hard to say you have never heard of cryptocurrency. It is no longer the question of what is cryptocurrency but rather which cryptocurrency is the best option. When you looking at one’s financial options, it is hard to make a blanket call on what is the best route to go, but as far as what we can see, when it comes to online gambling one of the best and most rewarding routes to go would be making use of Ethereum in the

Bitcoin is Overvalued at $11,000, Analyst Explains Why

Bitcoin stands overvalued at $11,000 in the short-term, according to analysts at Phi Deltalytics. The statement followed a drop in net positions on Chicago Mercantile Exchange’s Bitcoin Futures last week. It showed institutional investors are bearish, a sentiment that amounts to a correction in the Bitcoin market. A cheerful Bitcoin price rally above $11,000 is unlikely to sustain in the short-term, according to analysts at Phi Deltalytics. Bitcoin CME Positions Fall The crypto-focused investment consultation portal said the BTC/USD stands overvalued above $11,000. It reasoned the analogy with a drop

UBS Expects Gold to Hit $2,000; What Does It Mean for Bitcoin?

UBS Global predicts that gold would climb to $2,000, at least by September, just as the metal’s correlation with Bitcoin reaches a new high. Wayne Gordan, executive director of Commodities and Forex at UBS, projected negative US real yields as the core reason behind the increasing bids for gold. The other key point, Mr. Gordon stated, is the ongoing plunge in the US dollar. Bitcoin traders should brace for a decent upside momentum led by the gold market. It is because of the increasing realized correlation between the two assets.

Ethereum DeFi’s Ampleforth (AMPL) Drops 20% Despite “Whale” Accumulation

Ampleforth (AMPL) has been one of the top-performing cryptocurrencies over the past month. The asset, whose long-term price performance is measured by its market capitalization rather than its nominal price, gained ~5,000% in July. The asset has seen a steep correction over the past week as the focus of crypto investors has been on Bitcoin and Ethereum. After a recovery, AMPL is dropping once again. This drop comes in spite of positive on-chain and social media signs, according to blockchain analytics firm Santiment. Ampleforth Drops 20% Despite On-Chain Data Indicating

Ampleforth: A Guide to the AMPL DeFi Protocol

Imagine the possibilities of reinventing money. One that is powered by blockchain and crypto-based solutions. That is what Ampleforth hopes to achieve within and beyond the crypto community. Since the inception of decentralized finance (DeFi), various notable projects have spawned, giving life to a new sector in the cryptosphere. At the moment, investors and crypto traders alike are quite stoked with DeFi and liquidity mining. We have witnessed several protocols like Maker, Aave, and Compound attracting hundreds of thousands of users, enabling the DeFi ecosystem to proliferate far and wide.

What Are Analysts Saying After Ethereum Crashed 26% in Under Ten Minutes?

After a nearly unstoppable rally, Bitcoin and Ethereum faced an extreme correction just an hour ago. After moving above $12,000 for the first time in a year, BTC slipped by about $1,500 in five minutes while Ethereum crashed upwards of 26%, per some reports. Chart of ETH's recent price action from TradingView.com This extreme move — which was arguably one of the fastest drops in the history of this market — sent ripples throughout the market. According to one trader, $1 billion worth of Bitcoin and Ethereum futures positions were

Blockchair In Blockchain World | Let Us Explore The Explorer In 2020

Table of Contents Rate this post Blockchain technology has the whole new world to explore whether in term of applications, tools, features, compatibility with other technologies and many more. In earlier days, when Bitcoin was launched in 2009, it was considered that Blockchain is meant for the financial system only. But, as the potential of technology was analysed by the various communities, they concluded that Blockchain is meant for exploration. In this article, we will limit our nerves to explore to cryptocurrency. In the crypto marketplace, investors generally keep track

Why This DeFi Exchange is a One Way Ticket for Ethereum’s ERC-20 Tokens?

advertisement Uniswap is a decentralized exchange with a unique mechanism for trading ERC-20 tokens on its platform. Apparently, its the perfect platform for pumping tokens. CryptoGainz, prominent crypto trader tweeted, Advertisement there’s no orderbook to scare buyers or induce selling, only a bullish narrative and sell side liquidity crisisUniswap evaluates the price of a token based on the balance of Ethereum and of the token. On a successful trade or exchange, the value is added in accordance with the Ethereum swapped for the token. Hence, there are no order books

There’s More To Bitcoin’s Rally Than Just Inflation Fears

While some analysts are pointing to inflation fears to explain bitcoin’s recent rally, there are so many other factors at play that affect the cryptocurrency’s rise.Neil Johnston was a creature of habit, and it was one of the things which his wife of twenty-four years Dorothy, both loved and loathed about him. While Dorothy appreciated Neil’s dependability, she was wondering if things were getting a little stale.So naturally Dorothy grew a little worried when Neil, who would walk through the door almost like clockwork at 7 pm every evening for