Decentralized finance [DeFi] has continued to gain steam in the past couple of months. The latest milestone includes surpassing $1 billion Total Value Locked [TVL]. Source: Binance Research | Monthly unique users in Ethereum DeFi in 2019 Interestingly, Ethereum’s use in DeFi continues to expand since most of the decentralized financial ecosystem, so far, is...Read More
Thanks to its innovation around building decentralized applications [DApps], Ethereum became crucial for the ICO space. However, the 2017 ICO boom and bust attracted a lot of bad press for the ecosystem since a large portion of many ICO scams leveraged Ethereum blockchain. Highlighting the ICO phase, Camila Russo, the Founder of The Defiant, in the...Read More
Over the past few days, Ethereum has been one of the top-performing crypto-assets in the industry. The token recently breached the $200 mark and since 5 February, the crypto-asset has surged by over 20 percent. Bitcoin recorded a hike of 7.75 percent over the same time period. At press time, Ethereum was priced at $225.30...Read More
The competitive drive between Ethereum, EOS, and Tron over decentralized applications or DApps continued to escalate in 2020. Justin Sun’s Tron was able to surpass EOS DApps for the first time last month, however, it continued to lag behind Ethereum’s dominance. In terms of popularity as well, Ethereum‘s DeFi sector grabbed all the attention as...Read More
Ethereum has been one of the best performing major altcoins over the past several weeks, with the cryptocurrency surging past its previous resistance at $200 as its slow upwards grind begins turning into a parabolic rally. This momentum has allowed ETH to significantly outperform both Bitcoin and the aggregated crypto markets, leading many analysts to...Read More
January’s bullish sentiment has managed to permeate February as well with the market’s major crypto-assets registering a positive 1st week. Bitcoin registered another hike of 5.13 percent and the world’s largest crypto-asset breached its key resistance at $9700 on 5 February. However, the altcoins managed to rally better than BTC over the same time period....Read More
Two of the largest multinational investment banks in the world, Goldman Sachs and Citigroup, recently conducted a successful transaction utilizing the blockchain technology. Both giants made the first of its kind equity swap, but 13 more are waiting to be fulfilled, as well. Equity Swap On Blockchain As reported by Forbes, Citigroup and Goldman Sachs...Read More
The cryptocurrency market has been witnessing a rise in the price of most crypto-assets. Led by Bitcoin, most major cryptos were a part of this bullish wave. Ethereum, the world’s second-largest coin reported YTD gains of around 57%, outperforming BTC’s gains of 35%. With the price of digital assets climbing, DeFi also managed to mark...Read More
Ethereum’s imminent switch to a Proof-of-Stake consensus algorithm has been picking up significant traction over the past year. The divide between Proof-of-Work and Proof-of-Stake assets has also been increasing lately with Proof-of-Stake assets continuing to promote mainnet launches. However, PoW assets had an upper hand in 2019. According to a recent report, Bitcoin remains the...Read More
According to Coinmarketcap, a total of 5093 digital assets currently exist in the industry, at press time. This is a significant number since the larger crypto-community is involved in the investment and development of only a handful of these crypto-projects at the time. And while questions about the larger sustenance of the crypto-market remain, Bitcoin...Read More
In a quick update to the community, Ethereum 2.0 developer Danny Ryan provided an outline of the progress made toward eth2 development and the optimization improvements made over the last few weeks. He spoke about the recently completed audit and formal verification of the eth2 deposit contract bytecode by Runtime Verification, and how it is...Read More
Blockchain solutions provider, Block.one, recently announced that it would be offering $200,000 to the individual, team, or organization that is able to complete its proposed challenge. The challenge entails creating an EOSIO smart contract capable of storing and invoking “Ethereum Virtual Machine (Solidity) smart contracts in an Ethereum-like environment.” According to the announcement post, the...Read More
The California-based digital asset management company, BitGo, now offers instant trading services to its institutional clients. The new feature comes as a result of BitGo’s partnership with a company providing unified digital asset trading infrastructure, SettleBit. BitGo Offers Trading From Its Cold Storage BitGo is a digital asset financial service company operating with institutional investors....Read More
Creator of the Bankless program and Mythos Capital founder, Ryan Sean Adams, recently published an article discussing why stablecoins are not parasites on the network, but one of the biggest reasons to be bullish about Ethereum. In the article, Adams explained how Ethereum is the dominant network for fast-paced, growth-oriented stablecoins, with bank and protocol...Read More
Bitcoin’s price noted a boost of just over 8% over the past week. This push caused the price of the world’s largest cryptocurrency to rise above its $9k resistance and it was valued at $9,336.77, at press time. Such growth was also noted among major cryptocurrencies, with Ethereum [ETH] surging by over 12%. According to...Read More
The second-largest cryptocurrency aka Ethereum [ETH] has pumped more than 7% in the last 4 hours or so. In terms of BTC, it has pumped by 4.25% making 1 ETH equivalent to 0.0202 BTC at press time. However, this rally is running on fumes and is bound to head lower in the upcoming day. Pumping...Read More
Ethereum has been able to secure a relatively strong foothold within the $180 region over the past several days and weeks, with its multi-week uptrend allowing it to post consistent gains in tandem with Bitcoin and other major altcoins. It is important to note that Ethereum could now be on the cusp of posting a...Read More
Ethereum’s valuation received another boost over the past 24-hours as the price spiked from $170.36 to $186.40. Major resistance at $175.06 was breached in the process as the asset managed to cross the $180 mark. At press time, Ethereum continued to consolidate above at $182.78 but major indications for a pullback were surfacing in the...Read More
Ethereum Futures might be the next significant product coming to the cryptocurrency scene, said the CFTC Charmain, Heath Tarbert. Furthermore, he expressed his hopes once again that the United States can lead the race for both digital assets and blockchain adoption. This aligns with Bakkt plans, as CryptoPotato reported this week. Ethereum Futures Coming Soon? Bitcoin...Read More
Stablecoins now have a larger share of value transferred on the Ethereum network than its native cryptocurrency – ETH. Even though the continuously increasing interest towards stablecoins appears as a concern to some, Changpeng Zhao believes that they are still needed for mass adoption. Stablecoins’ Flip On The Ethereum Network Yesterday, new research by Messari,...Read More
Wanna buy Bitcoin in anonymity? But unaware of which exchange provides the best platform to invest? Ok! there you are in a dilemma. Relax! As you know many exchanges claim they are best, but we filter them from safety to trust. One such platform solely made for bitcoin lover i.e BitQuick Exchange. Do you know why...Read More
Blockchain technology continues to make waves around the world. And today, the world has witnessed what many believe to be the first major step towards a new way for startups to access capital. According to a press release by Andriotto Financial Services, dated January 29th, 2020, the country of Switzerland has recently approved OverFuture SA’s...Read More
YouTube has for the longest time defined and influenced our day-to-day life along with other social media platforms such as Facebook, Instagram, and Tiktok. News breaks here, trends are set here, money is made here; they are the go-to platforms. YouTube alone has contributed to the success of several people like Justin Bieber, PewDiePie, Jeffree...Read More
September 2019 saw ETH drop from $220 to $254 in just a matter of days, and Ethereum hasn’t been able to move back above the $210 mark ever since. However, the daily chart indicated that this level might not be out of reach for much longer. CoinMarketCap showed, at the time of writing, ETH with...Read More
DeFi continues to be a contentious topic in the blockchain industry. In recent months, the total USD locked in DeFi hit an ATH and is likely to see a significant increase. However with regard to DeFi adoption, many are still a bit more skeptical. Aleks Larsen, Investment Associate at Blockchain Capital in a recent conversation...Read More
Ethereum Classic [ETC] recently underwent a successful network upgrade on 12 January. The Agharta hardfork included features from the Ethereum Constantinople opcodes, with the same contributing significantly to the interoperability between ETC and Ethereum. During an AMA hosted by Messari, Bob Summerwill, Executive Director at ETC Cooperative and Kevin Lord, Ethereum Classic Community Manager at...Read More
With Bitcoin gaining more importance in the current market, certain centralized institutions fear that Bitcoin‘s decentralized monetary policy might eventually take over and destabilize the authority or control major central banks wield. Bitcoin’s monetary policy has been discussed fervently for a while now, with many major assets trying to follow the path set by the...Read More
Ethereum stands with the second highest market cap in the cryptocurrency space. So it’s obvious to attract the attention from the investors. With this growing attention that need to find a secure place to store Ether. So, today we’ll talk about Ethereum wallets. The official Ethereum Wallet is usually known as the “Ethereum Mist Wallet”....Read More
It is a great time to speculate prices in the digital asset industry with the apparent presence of bulls in the market. January 2020 catalyzed the dormant markets, and the curiosity of various analysts was piqued, on whether the current momentum would persevere over the next few weeks. Ethereum’s valuation surged past $160 mark on...Read More
The Chicago-based crypto derivatives platform, ErisX has partnered with Etale’s institutional trading platform. This partnership aims to enhance the trading experience for institutional investors. According to the official release, this would enable users of the Wall Street-backed cryptocurrency exchange operator to view real-time market data, manage account balances as well order execution via a secure...Read More
