Ethereum Targets $200 as Network Fundamentals Strengthen

Ethereum Targets $200 as Network Fundamentals Strengthen
фото показано с : bitcoinist.com

2020-2-3 15:00

Ethereum has had a solid weekend with further gains lifting it towards $200. Network fundamentals have also been strong so far this year which has seen ETH gain 45%. Ethereum Up 5% ETH prices have gained 5% over the past 24 hours, topping $190 for the first time since early November. According to Tradingview.com Ethereum touched $195 briefly before pulling back slightly a few hours ago. Prices started out in January at around $130 and have since made over 45% to reach current levels. The psychological $200 barrier lies ahead and beyond that, analysts are targeting $220. Ethereum is still attractively priced at 86% down from its peak and can still be considered in a bear market. This will remain the case until it can top $400 which may well happen this year. ETH Trade update 50% profit booking target for COINBASE:ETHUSD by wallstreetsharks https://t.co/QrO1ifCNkH pic.twitter.com/BAroBYdG82 — Bitcoin (@bitcoinagile) February 3, 2020 Fundamentals Looking Solid Ethereum has had a good month in January both technically and fundamentally. ConsenSys has been looking into the figures which continue to strengthen for the Ethereum network. It has been a good month for decentralized finance with record amounts of ETH being locked up. There is over 3 million ETH locked as collateral for DeFi markets and in USD terms a record $909 million in total value according to defipulse.com. DeFi markets are not far off the $1 billion mark which could be just around the corner with rising Ethereum prices. Maker’s multi-collateral DAI surpassed the 100 million DAI threshold while MakerDao’s Oasis platform now provides a Dai Savings Rate (DSR) of 7.75%. The review added that popular no-loss gambling app Pool Together achieved its highest weekly payout to date of 700 DAI. More bullish Ethereum figures followed including the number of dApps on the platform which currently stands at over 3,300. January had 5,200 dApp smart contracts in use, and over 40,000 traders using DEXes. There are now three ETH 2.0 Testnets are available on Github and $650k in grants awarded by the Ethereum Foundation to infrastructure projects. Additionally, Gitcoin conducted a widely successful pilot of quadratic voting which provided 200k in grants to technology and media categories. Ethereum staking has already started to take off with over 1 million ETH already primed for Beacon Chain. The ETHDenver event is also less than two weeks away and this, the largest Ethereum hackathon in the world, is also attracting some huge sponsors. Ethereum has enjoyed a bullish start to the year and it is currently showing no signs of slowing down. Will ETH prices top $200 this week? Add your comments below. The post appeared first on Bitcoinist.com.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3426.59 (-0.05%)
Объем 24H $35.754b
Изменеия 24h: 2.52 %, 7d: 8.92 %
Cегодня L: $3393.39 - H: $3446.97
Капитализация $412.668b Rank 2
Цена в час новости $ 173.25 (1877.83%)

ethereum fundamentals network 200 eth gained past

Источник: bitcoinist.com

ethereum fundamentals → Результатов: 120


Фото:

3 reasons why Ethereum fundamentals are strong: ConsenSys co-founder

Ethereum has seen an increase in user activity throughout 2019. Backed by the strong growth of DeFi, the ecosystem is expected to expand rapidly entering into 2020. According to Joseph Lubin, the co-founder of ConsenSys which is considered to be the largest blockchain development software firm, the fundamentals of Ethereum are strengthening.

2019-12-14 12:20


Are we still bullish on NEO? If you care about fundamentals, then the answer is yes!

It has been pretty quiet around NEO in the recent months – the chinese Ethereum killer is still in limbo over what will their government do about blockchain in general. But that didn’t stop them to improve the technical side of the project, nor the teams that launched their tokens on NEO network to keep […] The post Are we still bullish on NEO? If you care about fundamentals, then the answer is yes! appeared first on CaptainAltcoin.

2018-11-28 17:47


Фото:

Why An SEC Announcement Is What Stands Between Bitcoin (BTC) and a $7,200 Price Value

From the onset of this article, I would like to let the reader know that I am not a Technical Analysis expert. Any further opinion in this piece is based purely on fundamentals and observations. Therefore, looking at the performance of BTC since the expiration of last month’s CME Bitcoin Futures contracts on the 26th […] The post Why An SEC Announcement Is What Stands Between Bitcoin (BTC) and a $7,200 Price Value appeared first on Ethereum World News.

2018-11-7 14:24


дальше еще 71 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

DeFi protocol Sky considering a return to MakerDAO

The decentralized finance (DeFi) landscape is ever-evolving, and the recent developments surrounding the stablecoin-focused protocol Sky, formerly known as MakerDAO, highlight the complexities of brand identity and community engagement in the crypto space.

Maker (MKR) soars after Grayscale launches a MakerDAO Trust

Maker (MKR) has experienced a notable surge following the announcement of Grayscale Investments’ Grayscale MakerDAO Trust. Grayscale, the world’s largest crypto asset manager, has introduced this innovative investment vehicle to provide exposure to MKR, the governance token of MakerDAO.

MakerDAO DAI supply gains $200M as interest rate surges to 8%

MakerDAO DAI‘s stablecoin supply increased by $200 million after its interest rate increased by 8% for holders depositing into the protocol. On Aug. 6, MakerDAO’s founder Rune Christensen revealed that Dai Savings Rate (DSR) was paying the high yield rate for the stablecoin holders “at no additional risk.