With celebrities beginning to jump on the cryptocurrency bandwagon, are we nearing a repeat of the 2017/18 market crash?
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After 3 long years ETH finally breaks its all time high.
2020 has been a year unlike any other. The Covid-19 pandemic led to an unprecedented crash across global markets with cryptocurrencies taking on huge losses in March and ETH suffering its worst decline since the 2017/18 bubble.
On Wednesday Bitcoin came within a few hundred dollars of breaking its all time high before rapidly correcting after a nervous market – already expecting resistance at this key level – caught wind of a potential regulatory storm brewing in the US Treasury.
All eyes on Eth2 as worry mounts over whether the Beacon Chain will trigger its genesis slot on December 1st.
As the world dips into one of the most uncertain economic times in living memory, we may well witness a repeat of the cryptocurrency crash of March 2020.
Optimism’s Layer 2 solution for Ethereum is soon to go live as the macroeconomic outlook wreaks havoc on ETH’s price once again.
Ethereum in 2020 has seen a period of high volatility following the infamous March crash to $80 and its subsequent slow grind up towards establishing a bullish market trend.
As decentralized autonomous organizations begin to gather strength, is it possible that they expedite the already parabolic growth of DeFi?
A look back at the 2017 bubble and how the mania compares to the DeFi-driven bull market that we are now entering into.