Binance will list a new set of FTX leveraged tokens that will allow users to open 3x long or short positions for Bitcoin and Ethereum. This comes less than a month after the Maltese-based exchange made a strategic partnership with the derivatives exchange, FTX. Binance Lists New Type Of Leveraged Tokens The leading cryptocurrency exchange...Read More
After touching $115 on December 18, ETH grew by nearly 50% in the month that followed. While 2019 was not too favorable for Ethereum, 2020 might push it to greener pastures. Valued at $161 at the time of writing, ETH has a market capitalization of nearly $17.7 billion, with almost $14.6 billion worth of ETH...Read More
Cryptopia, Christchurch-based cryptocurrency exchange, recently announced that its directions hearing has been rescheduled to Feb. 11-14 at Christchurch High Court. The hearing was earlier scheduled with a New Zealand court for February 3, 2020. The exchange’s tweet on Jan 17 read, The #Cryptopia directions hearing has been rescheduled to 11-14 Feb @ Christchurch High Court....Read More
After an extended period of trading sideways around $8,800, Bitcoins bears have been able to push the cryptocurrency lower and put it at risk of breaking below multiple key support regions that have been bolstering its price. Analysts are now widely noting that BTC is currently sitting at a key short-term support level that bulls...Read More
In November last year, the South Korean cryptocurrency exchange, UPbit, was hacked. The perpetrators took approximately $50 million worth of Ethereum. A new report shows that $3.2 of the stolen funds is already laundered using small transactions towards numerous other exchanges. $3.2 M Of ETH Laundered During November in 2019, Cryptopotato reported that the popular...Read More
Malta-based cryptocurrency exchange Binance launched a function that allows users to instantly convert other stablecoins into BUSD, on January 16, 2020. The announcement stated, “The ratio to convert PAX, USDC, and TUSD into BUSD will be set at 1:1 with zero fees. The ratio to convert USDT into BUSD will vary based on the current...Read More
Ethereum has seen some sizeable gains over the past several days and weeks, although this uptrend may be short lived due to a top formation that it just posted on its daily chart right below a key resistance level. This comes shortly after the cryptocurrency broke below its macro adoption curve, and the confluence of...Read More
It has been a good start to the year for Ethereum. After registering minor hikes on 3rd and 6th January, the world’s 2nd largest crypto-asset recorded a significant pump on the 14th, recording a hike of 18.88 percent. The valuation pushed the price of Ethereum from $143 to $170 as major resistances at $150 and...Read More
The Cardano ecosystem has been in full swing development mode after the success of the incentivized testnet. As it approaches the Shelley mainnet launch, the focus has mostly been on network stability and other improvements. In a more recent update, the CEO of IOHK, Charles Hoskinson, revealed that the next-generation protocol on Shelley, dubbed, ‘Hydra,’...Read More
Since mid-July 2019, Ethereum has been unable to cross above 0.0227 BTC, priced at around 0.176 BTC at the time of writing. While the short-term looks like more downward for Ethereum, the long-term looks a little more optimistic, and could push ETH back above 0.02 BTC. At the time of writing, ETH was valued at...Read More
Popular crypto personality Ran NeuNer declares the beginning of ‘alt season.’ | Image: shutterstock.com A popular host and crypto investor has made a bullish statement on altcoins. Ran NeuNer’s tweet was met with heavy criticism. Nevertheless, it is difficult to deny that large market cap coins are showing signs of strength. It’s not a secret...Read More
While the Ethereum community has promised great developments for this year, the question of when still remains. Ethereum 2.0 developer community is expected to launch Beacon chain, with the first phase – Phase 0 of Serenity – promised to go live in the first quarter of 202o. However, the launch date was, once again, postponed...Read More
Blockchain in the gaming industry is an experiment that’s been ongoing for some time now. It started with the introduction of ‘Huntercoin’, the first real blockchain and decentralized strategy MMO game, introduced way back in 2014, which was basically an experiment to gauge the decentralized ledger technology’s ability to support the gaming industry. With Huntercoin’s...Read More
The leading crypto-asset management firm, Grayscale Investments registered a total of $2.2 billion in Assets Under Management [AUM] on 10th January 2019. Its official tweet read, “01/10/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products. Total AUM: $2.2 billion” According to the investment firm’s latest update,...Read More
On the latest episode of the Unconfirmed podcast, host Laura Shin spoke to Nate Maddrey, senior research analyst at CoinMetrics, a Bitcoin and crypto-asset data analytics firm. During their conversation, Maddrey mentioned how 2019 had been a big year for stablecoins overall, and that Tether is still, by far, the most dominant stablecoin in terms...Read More
Ethereum Classic’s Agharta protocol upgrade went live on the Mainnet on 12th January 2020. The planned hard fork went live on block 9,573,000. Prior to this, its test networks – Morden, Mordor, and Kotti were successfully implemented. ETC’s Agharta essentially added the ETH Constantinople opcodes to ETC mainnet. The proposed changes for Ethereum Classic’s Agharta...Read More
If we look at the blockchain infographic today, we see overall positive figures for the tech that has been the foundation of the world’s most popular and oldest cryptocurrency. What was fascinating at the beginning was how it branched out from being just the underlying tech of cryptocurrencies to developing numerous use-cases. Be it bringing...Read More
With all eyes fixed on Bitcoin‘s valuation at the moment, the lesser-known assets with medium-range market caps were seen performing better than the large market cap assets. According to Arcane Research, the best performing tokens over the past week has been outside the major altcoins with only Monero and Bitcoin SV making the cut from...Read More
Ethereum, Tron, and EOS mainnets have continued to lead the DApp space. In the December 2019 edition, DAppReview stated, “At present, these three major public chains have accounted for more than 98.65% share of the total transaction volume of the dapp market, forming the ‘Big Three’ in dapp space.” Source: DAppReview Ethereum still remains the...Read More
By Kenzan Boo On July 26, 2019, Coinbase Earn launched the Dai Advanced Task. In a few days, users created more CDPs (Collateralized Debt Positions) than ever existed. In the previous 11 months, about 9,000 CDPs were created on the blockchain with MakerDAO. We chose to launch on a Friday. On the weekend after the...Read More
The term decentralized currency was meant to signify a virtual currency that would be based on the logic of mathematics and economics, mined from the blockchain and stored in one’s digital wallet, assigned by a private key. However, that is not the case. In a recent piece on the Bankless blog, Coinmetrics co-founder Nic Carter...Read More
Ethereum’s long-term fundamentals are intact, but short-term price action is expected to bring pain, analyst claims. | Image: shutterstock.com Ethereum may be due for one last leg down. Despite ether’s bearish price action in 2019, it has made significant progress. The cryptocurrency’s growing fundamentals will likely eventually catalyze a new bull market. Just like bitcoin,...Read More
Bitcoin saw a 7.51% price increase over the past week that allowed it to rise above the previous range it was trading within. The cryptocurrency broke above the upper boundary at $7,800 and continued to surge much higher as it reached expected resistance at the 200-days EMA at around $8,160. The cryptocurrency did climb even...Read More
The world of cryptocurrencies is often talked about in the context of future developments, which is why Bitcoin mining has been largely spoken of in the background of the upcoming halving. However, altcoin mining has been fairly unnoticed. Unlike Bitcoin mining, altcoin mining is considered more complex. Thus, it is still at a relatively nascent...Read More
‘Ethereum 2 is coming’ has been the tagline of the Ethereum community for the past several years. However, the new phase, Serenity, is set to come to fruition soon, with the team outlining 2020 as the year it would start rolling out. Serenity would be launching in three phases – phase zero, phase 1, and...Read More
Ethereum, the leading smart contract platform, will be taking the first step towards its most awaited upgrades this year. The platform will initiate its shift from proof-of-work to proof-of-stake with the launch of phase zero of Serenity. The main aspect of this stage is the rollout of Beacon Chain, while the other phases will see...Read More
When it comes to the massive adoption of cryptocurrencies and blockchain-based technology, decentralized applications (DApps) are considered as one of the pathways to it. According to a recent report, 2019 has seen a serious number of new DApps coming out. More interestingly, though, TRON has managed to establish itself as the second most-used platform for...Read More
Ethereum Foundation Researcher, Virgil Griffith, who was last in the news after he was arrested by the FBI for traveling to North Korea and attending a conference in Pyongyang, has now been formally indicted for “conspiracy to violate the International Emergency Economic Powers Act.” The latest development was first revealed by Inner City Press on...Read More
The prices of most major cryptocurrencies have responded positively to the new year. With the price of Bitcoin [BTC] rising, other altcoins are following its lead and noting a spike in price too. Ethereum [ETH], the second-largest crypto in the world, completed its crucial Muir Glacier update recently, having noted an almost 12% growth since....Read More
The research team at Malta-based crypto-exchange Binance recently published its third report on decentralized finance applications. The report analyzed network data provided by DAppReview, as well as recent developments in the DeFi space, focusing mostly on Ethereum. The report claimed that Ethereum’s spectrum of applications is more extensive than other blockchains, adding that its primary...Read More
