CryptoAcademy: Your Bridge to the Crypto World
This Week’s Cryptocurrency Trade is Ethereum which has a market cap of $181 billion and is ranked #2 on Coinmarketcap.
Ethereum (ETH) is on the eve of its major migration from Proof of Work to Proof of Stake consensus model. The stock price has rebounded vigorously from the low of $882 in mid-June. This was accompanied by fairly high volume. This is a strong sign and with it, the sprice has also rebounded convincingly above 8, 21, 35 and 55.
[Lees meer…] overCrypto Trade of the Week: EthereumThis Week’s Crypto Trade is PancakeSwap (CAKE) which has a market cap of $538.2 million and is ranked #75 on Coinmarketcap. PancakeSwap is an automated market maker (AMM) – a decentralized financial (DeFi) application.
This application allows users to exchange tokens, provide liquidity through Yield pharming and earn fees in return. It is thus a decentralized exchange or DEX.
[Lees meer…] overCrypto Trade of the Week: PancakeSwap (CAKE) with first target $5The attached overview from Coin360 shows the dramatic performance of the crypto market over the past seven days. The total crypto market cap dropped significantly over the past week to $1,236 billion.
In the process, however, Bitcoin’s market dominance showed an increase to 43.48%. Bitcoin’s market cap fell over 27% in the past week to $553 billion. The market dominance of Ethereum (ETH) remained stable around 19%, while the market cap of the number 2 coin dropped significantly to $237 billion.
[Lees meer…] overWeekly Crypto Digest: Crypto market crashes in wake of Terra/USTThe attached overview from Coin360 shows the performance of the crypto market over the past seven days. The total crypto market cap remained fairly stable consolidating around $2,000 billion over the past week.
Bitcoin’s market dominance also did not move from its place with a percentage of 40. Ethereum’s (ETH) market dominance also remained stable at 19%. The market cap of the number 2 coin increased slightly to $376 billion.
[Lees meer…] overCrypto Market cap consolidates around $2,000 billionThe attached overview from Coin360 shows the performance of the crypto market over the past 7 days. The picture is clear: blood red numbers on the board. The total crypto market cap fell hard over the past week towards the total amount of $1,580 billion.
Bitcoin’s market dominance remained at 42%. The market dominance of number 2 Ethereum (ETH) decreased slightly to 18%. Ethereum’s market cap dropped significantly by -17% to $284 billion.
