Tagged: eth

BitPay Says Fintechs Square and PayPal will Drive Bitcoin and other Cryptos to Become Globally Accepted Payment Method

The team at BitPay, a blockchain payment technology firm that allows users to accept and send Bitcoin and other cryptocurrencies, notes that even though 2020 was a “rollercoaster of a year for the world,” digital currency remains at the “forefront” of the future of finance…. Read More

Over $400 Million Now Staked as Part of Ethereum 2.0 Staking Service Offered by Digital Assets Exchange Kraken

Digital asset exchange Kraken has issued an update on cryptocurrency staking options for Ethereum 2.0, a major (and very gradual) system-wide update of the Ethereum blockchain from its current proof-of-work (PoW) based consensus algorithm to a proof-of-stake (PoS) consensus mechanism. In December 2020, Kraken introduced… Read More

Bitcoin, Ethereum and Other Digital Assets May Experience Price Correction due to Spike in US Dollar, Stablecoin Borrowing Rates: Report

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that 2020 was “arguably crypto’s best year yet.” Blockchain.com writes in a blog post that Bitcoin (BTC) investors have had an “extraordinary” holiday season, and the new year is… Read More

Two New York City Bars Might Make History by Selling for Bitcoin (BTC) or Ethereum (ETH) as Crypto Prices Surge

Two New York City bars could potentially make history by selling for Bitcoin (BTC), the flagship cryptocurrency that’s currently trading at almost $41,000, up from only $3,800 back in March 2020 (which was when the digital asset crashed briefly along with the broader financial markets… Read More

Telos, One of the Most Active Blockchain or DLT Networks, Introduces its Uniswap Liquidity Implementation Plan

Telos, which is one of the most active public blockchain networks according to Blocktivity data,  with over 500,000 accounts, has introduced an innovative plan in order to bring liquidity and added value to the TLOS DLT ecosystem: The Telos Uniswap Liquidity Implementation Plan (TULIP). According… Read More

Bitcoin Analyst Tom Lee from Fundstrat Predicts BTC Price May Quadruple from Current Levels, As Ethereum Surges Past $1K

Bitcoin could potentially quadruple this year as the digital asset is currently experiencing a massive rally that’s somewhat comparable to the historic crypto bull market of late 2017, according to Fundstrat Global Advisors’ Thomas Lee. Bitcoin’s (BTC) near 300% price increase in 2020 might be… Read More

Bitcoin (BTC) and Ethereum (ETH) Mining Firm Riot Blockchain Stock has Surged Nearly 1,500% During 2020

As the Bitcoin (BTC) price continues to set new all-time highs (now approaching nearly $30,000), Riot Blockchain’s (NASDAQ:RIOT) stock surged almost 1,500% in 2020. There were very few assets in 2020 that outperformed Bitcoin, however, the shares of Riot have been rising along with Ethereum… Read More

Aave Ltd, which Received E-Money Authorization from UK’s FCA, Reveals that Depositors Earned Major Returns for USDC, USDT, Dai Stablecoin

Isa Kivlighan from Aave (AAVE), an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, states that 2020 was an “incredible year” for DeFi, as the sector grew dramatically from a little over… Read More

Bitcoin and Ethereum Adoption Reaches Unprecedented Levels, Supported by Professional Athletes and Major Companies

Bitcoin (BTC) has become more intertwined with traditional financial markets because of changing macro conditions and a significant increase in institutional interest, according to a report from Coin Metrics.  Coin Metrics has noted that many researchers have looked into the fundamental differences between Bitcoin and… Read More

Huobi Group Explains how Ethereum will be Merging Two Digital Assets, BETH and ETH, as It Transitions to ETH 2.0

Digital asset exchange Huobi noted earlier this month that the ongoing upgrade of Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps), is expected to make the original smart contract enabled blockchain “much more usable, scalable, and effective” — but it will also… Read More

Digital Assets Market Cap Surpasses $700 Billion as Bitcoin (BTC) Surges to $27,000+: Report

Digital asset exchange Binance notes in its crypto market overview report that Bitcoin (BTC) continued its previous week’s bull run. The flagship digital currency managed to break its all-time high several times within 24 hours, stopping only slightly above the $24,000 mark on Saturday (December… Read More

Bitcoin (BTC) Remains “Single Most Watched” Digital Asset with Ethereum Dominating DeFi throughout 2020: Report

As 2020 comes to an end, Binance has shared some key crypto and blockchain industry trends and highlights for this year. The exchange notes that the total market cap for all digital currencies surged by over 3.3x in 2020 alone, expanding the crypto-assets market significantly…. Read More

Ethereum based NFTs Axie Infinity, Sorare and SuperRare Record Over $1 Million in Trading Volume in Past Month: Report

The team at Interdax, a digital assets derivatives trading platform, recently took a close look at some of the leading (non-fungible token) NFT initiatives across several different categories. The report from Interdax took a closer look at the highest volume Non-Fungible Tokens (NFTs) projects during… Read More

DeFi Tokens Take it Relatively Slow as Bitcoin Surges to $23,800, Prominent Investor Says Ethereum May Eventually Surpass BTC Market Cap: Report

Decentralized finance (DeFi) tokens took it “relatively slow” this past week when compared to Bitcoin (BTC) while crypto and blockchain industry developments strengthened Ethereum’s (ETH) support, according to a report from OKCoin. The digital asset exchange notes that DeFi tokens are still lagging behind BTC… Read More

Ethereum Platform Improvements like Better Blockchain Developer Experience, Sufficient Scalability will Help ETH Maintain Dominance: Report

Researchers at Coinbase recently looked at Ethereum (ETH) competitors (often referred to as Ethereum “killers”) and several other new blockchain or distributed ledger technology (DLT) platforms. Ryan Yi and Justin Mart from Coinbase Ventures analyzed the current landscape of DLT-powered smart contract platforms and emerging… Read More

Blockchain Dev Ernesto Boado from Aave Confirms DeFi Protocol Launches Version 2.0, Now Seeking Community Feedback for Governance

The developers of Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, recently noted that as part of the platform’s focus on security and transparency, the Aave Genesis team will be… Read More

Ethereum Gaining Interest as Institutional Asset Class as Decentralized Finance Gets Boost with Bitcoin focused DeFi Platform: Report

Ethereum (ETH), the world’s largest smart contract platform, and major decentralized finance (DeFi) assets have dropped during the past week. However, DeFi-related infrastructure is getting a boost from Bitcoin (BTC), according to a report from OKCoin. During the last week, top DeFi platforms such as… Read More

Ethereum Might have taken Permanent Lead Versus Bitcoin in 2020 in Terms of Economic Value Transferred on its Rails: Report

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Bitcoin (BTC) has been trading sideways as some crypto analysts have warned that the digital asset’s price may become unpredictable in the short-term, according to a new report from OKCoin. The digital currency exchange confirmed that Bitcoin continues to gain institutional support. BTC’s recent price… Read More

Ethereum 2.0 Staking Support has been Announced by Digital Asset Exchanges Kraken and OKEx

US-based digital asset exchange Kraken has announced that it will allow clients to stake their Ethereum (ETH) on its crypto trading platform. After staking their funds, users will be able to earn rewards of “approximately 5% to 17%,” Kraken confirmed. The network reward is “variable… Read More

Bitcoin Reaches All-Time High but BTC Dominance Fails to Break Records as Ethereum, XRP and Altcoins Surge: Report

Last month, the digital asset markets were “on a tear” as many cryptocurrencies experienced significant gains, Binance notes in its market report. The leading digital currency exchange confirms that Bitcoin (BTC) continues to dominate global headlines as its price surged from below $14,000 on November… Read More

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