Crypto Markets Experience Mixed Trading Session, Analysts Expect Ethereum and Litecoin to Drop in Near-Future

The crypto markets have continued to gradually drift lower following last Friday’s market surge. Most cryptocurrencies have dropped today, with Ethereum trading down marginally, and XRP dropping nearly 2% due to concerns regarding the newly announced JP Morgan crypto (JPM Coin) possibly being a competitor. Many analysts now expect major cryptocurrencies, including Litecoin and Ethereum,

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Nasdaq’s Bitcoin and Ethereum Indices Solve a Major Problem for Crypto

Nasdaq may have just removed one of the most significant barriers before a potential cryptocurrency adoption. The US stock market exchange on Monday announced two cryptocurrency indexes which provide real-time spot or reference rate for Bitcoin and Ethereum. Dubbed as the Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX), both the indexes extract price

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What Crypto Winter? Ethereum Based MakerDAO Posts Staggering Growth

Ever since the crypto asset market began to express signs of onset bear market blues, investors have clamored for oases. While many have cast aside investments in decentralized application-centric platforms, like Ethereum and EOS, for Bitcoin to hedge their formerly-diversified portfolios, many have glossed over MakerDAO, a platform that exemplifies the decentralization and democratization of

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Ethereum-Based Maker Surges 50% in 10 Days While Crypto Market Slumbers: What’s Fueling it?

Since February 4, the price of Maker (MKR), a crypto asset that represents a stablecoin, collateral loans, and decentralized governance platform on Ethereum, increased by exactly 50 percent against the U.S. dollar. In the same time frame, the valuation of the crypto market has slightly increased by 6 percent in a corrective rally fueled by the strong performance of Bitcoin and other major digital assets like Litecoin and Ethereum. Factors Fueling the Rally of Maker While Crypto Market is Stable In the last several hours, the price of MKR exceeded $700 on some cryptocurrency market data platforms. But, the price

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