Tag: Support

Decentralized Exchange THORSwap to Support Cross-Chain Swaps for Over 4,300 Ethereum-Based Tokens

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“The benefit of using a decentralized exchange protocol like THORSwap is always having self-custodial control of your assets,” THORSwap’s pseudonymous product manager “paperx” explained in a Twitter message to CoinDesk. “Users connect their own native chain wallets (Bitcoin, Ethereum, BNB Chain, Cosmos, Litecoin, Dogecoin and THORChain, among others) to swap assets on one and receive assets on another directly into their personal wallet.” Source

Uniswap Community Behind DEX Establishes Foundation to Support Open-Source Development

“There’s no organization within the Uniswap ecosystem focused on reducing the friction in governance, and that is one area that the foundation will be focused on and is excited to work on,” Devin Walsh, a Uniswap community member who proposed the foundation alongside Kenneth Ng, told CoinDesk. “We want to ensure that there will be a large, thriving ecosystem of organizations that are building on, integrating with, and organizing events in support of the protocol.” Source

XRP Price Falls To $0.34, Will Bulls Defend Support Of $0.33?

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XRP Price was constantly consolidating on its four hour chart. The bulls have faded out from the market but are consistently trying to protect price from falling below the immediate support level. Despite the 1.5% appreciation over the last 24 hours, XRP price doesn’t seem to be out of the woods yet. Over the last one week the coin lost 10% but the coin has maintained its price above the vital support line. Technical outlook for the coin also indicated bearishness. After XRP price lost the $0.39 price level, the…

Ethereum Price Lost 20% Weekly, What’s The Key Support Now?

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Ethereum price has witnessed a tough time lately, the altcoin logged heavy losses over the past one week. Broader market weakness could be blamed for the coin’s current price momentum. Bitcoin slid on its chart and was trading at $21,000 at the time of writing. Other altcoin also depreciated following BTC’s price action. Over the last 24 hours, Ethereum price fell by 4%. It has been a consistent downtrend after the coin lost the $2,000 price mark. The technical outlook for Ethereum price was also bearish as sellers had taken…

Solana SOL Eyes Key Support At $31, Will It Survive The Next Leg Down?

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Solana SOL trades below $35 against Tether (USDT) after flipping its support into resistance in recent weeks. The price of BTC failed to sustain its bullish structure as it breaks below key zones, this breakdown in prices affected other altcoins like Solana leaving investors confused as to where the market is headed. Solana (SOL) Price Analysis On The Weekly Chart Weekly SOL Price Chart Analysis | Source: SOLUUSDT On Tradingview.com From the chart, the price of SOL saw a weekly low of $31, which bounced from that area and rallied…

Crypto Exchange Gemini Rolls Out Staking for Polygon (MATIC), Says Support for Other Top Altcoins Coming Soon

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Crypto exchange platform Gemini is rolling out staking services for blockchain scaling solution Polygon (MATIC). The exchange is making Polygon staking available to customers in the United States (excluding New York), Hong Kong and Singapore, per a new announcement. Gemini also plans to roll out staking for other prominent altcoins, such as Ethereum (ETH), Solana (SOL), Polkadot (DOT) and Audius (AUDIO) soon. Says the New York-based exchange of the new feature, “At Gemini, we simplify and secure the staking process, allowing you to stake your assets with more confidence in just…

Crypto Exchange Coinbase Adds Support for Altcoin Built on Ethereum (ETH) As Markets Pause

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An interoperability protocol focused on ease of use just joined the leading US-based crypto exchange’s trading roster. In a new post, Coinbase says that Celer Network (CELR) is now live across its entire platform, including on the iOS and Android apps. The Celer Network scaling platform was built on Ethereum (ETH) and is designed to enable off-chain transactions in a secure manner. The project aims to be a “multi-blockchain operating system” that offers a one-click user experience for a variety of niches, including decentralized finance (DeFi), non-fungible tokens (NFTs), gaming,…

TA- Ethereum ETH Shows Bearish Signs, Eyes $1,700 As Nearest Support

The price of Ethereum (ETH) has struggled to hold above $2,000 against Tether (USDT) after being rejected from that region.   Ethereum price in the past few weeks outperformed the price of Bitcoin (BTC) but has shown bearish signs indicating the ETH price could be set to retest the nearest support. Ethereum (ETH) Price Analysis On The Weekly Chart Weekly ETH Price Chart | Source: ETHUSDT On Tradingview.com From the chart, the price of ETH saw a weekly low of $1,700, which bounced from that area and rallied to a price…

Crypto Exchange Gemini Introduces Staking Support for US Investors

“It’s now more clear than ever that people are interested in staking, especially now that we’re on the cusp of the Ethereum Merge,” Amjadi told CoinDesk. “With Ethereum being a staking option for them on Gemini soon and after the Merge, and with there being more liquidity and higher yields, staking is becoming more and more appealing for people.” Source