Tagged: eth

November 14, 2020 @ 4:26 pm By Omar Faridi  |  

After experiencing a strong correction earlier this month, leading decentralized finance (DeFi) tokens have been able to recover strongly, OKCoin reports. The San Francisco-based crypto exchange notes that DeFi tokens crashed in late-October 2020 and were performing poorly earlier this month as investors appeared to… Read More

November 8, 2020 @ 6:22 pm By Omar Faridi  |  

The Bitcoin (BTC) and Ethereum (ETH) price continued to increase this past week. Bitcoin had been trading above the $15,500 mark, however, its price has now dropped to around $15,000 at the time of writing. Ethereum is also down over 5% during the past 24… Read More

November 8, 2020 @ 10:54 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has noted in its weekly crypto market report that for most of the past week, Bitcoin (BTC) had been trading between the relatively tight $13,300 and $13,900 range. But then, over the span of just 48 hours, the… Read More

November 4, 2020 @ 9:34 pm By Omar Faridi  |  

Bitcoin (BTC) fundamentals continue to remain strong, however, uncertainty in the crypto and traditional financial markets due to the US elections appear to have positioned BTC in “a consolidation phase,” according to a report from OKCoin. The digital asset exchange notes that the Bitcoin price… Read More

November 1, 2020 @ 11:26 am By Omar Faridi  |  

Binance, the world’s largest digital currency exchange, notes in its latest Crypto Market Overview report that Bitcoin (BTC) almost managed to break past the $14K mark, as it “massively outperformed” altcoins (alternative coins or all coins besides Bitcoin). Binance points out that Bitcoin began moving… Read More

October 31, 2020 @ 6:37 pm By Omar Faridi  |  

Several major decentralized finance (DeFi) assets have experienced correction as Bitcoin (BTC) surged this past week. However, the “fundamental” developments continued, “pointing to long-term momentum,” according to a report from OKCoin. The crypto exchange notes that Bitcoin continued its ascent during the past week. The… Read More

October 28, 2020 @ 7:55 am By Omar Faridi  |  

As Bitcoin (BTC) approaches the $14,000 mark, the “institutional wave” continues and the global financial markets experience uncertainty around US fiscal stimulus, according to a report from OKCoin. The San Francisco-based crypto exchange notes that Bitcoin price has surged during the past week as “a… Read More

October 27, 2020 @ 10:55 pm By Omar Faridi  |  

Indorse (IND) is now available on Kyber Network, a protocol that facilitates automated, “decentralized,” instant, and low-cost exchanges of Ethereum-based digital assets. As noted in the announcement, Indorse will be running an Automated Price Reserve for the IND token on Kyber Network. As confirmed by… Read More

October 24, 2020 @ 11:10 am By Omar Faridi  |  

The system-wide Ethereum 2.0 upgrade is now just a few weeks away. As the date of the planned update gets closer, the ETH price keeps rising. Ethereum (ETH), the world’s second-largest cryptocurrency by market cap and adoption, has surged 15% this past week (trading at… Read More

October 23, 2020 @ 4:19 pm By Omar Faridi  |  

Waves (WAVES), a blockchain-based platform for developing enterprise-grade applications, will be issuing an ERC-20 compliant token as part of its collaboration with the Ethereum (ETH) network. The Waves development team noted: “As Waves continues to foster interoperability between various protocols, the WAVES token has been… Read More

October 22, 2020 @ 8:03 am By Omar Faridi  |  

Anchorage, a company that aims to help institutional investors with adopting digital assets, has teamed up with Tokensoft to bring wrapped layer-one crypto-assets to the Ethereum (ETH) blockchain. Diogo Mónica, Co-Founder and President at Anchorage, explained that his organization will work with Tokensoft to offer… Read More

October 21, 2020 @ 10:33 pm By Omar Faridi  |  

The CoinList team confirms that on October 15, 2020, their friends at NuCypher were able to launch their mainnet, bringing the NuCypher WorkLock period on CoinList to “a successful end.” CoinList noted that participants in the WorkLock were able to stake their Ethereum (ETH) directly… Read More

October 21, 2020 @ 10:01 am By Omar Faridi  |  

Decred (DCR), a cryptocurrency that focuses on ensuring security and achieving scalability, is launching DCRDEX, which is the first “decentralized” digital asset exchange of its kind. DCRDEX won’t be charging trading fees and it’s reportedly the first non-custodial exchange to use a new order matching… Read More

October 18, 2020 @ 5:03 pm By Omar Faridi  |  

Many decentralized finance (DeFi) assets have experienced a strong bounce or recovery as Ethereum (ETH) fundamentals appear to look “stronger than ever,” according to a report from OKCoin. The report pointed out that DeFi tokens have been following Bitcoin (BTC) and Ethereum’s (ETH) price movements…. Read More

October 14, 2020 @ 9:32 pm By Omar Faridi  |  

Jay Hao, CEO at OKEx, one of the world’s largest crypto exchanges, has provided a breakdown of the number of Bitcoins (BTC) held by major entities. Since the pseudonymous virtual currency’s genesis (or very first) block of transactions was mined back in early 2009, there… Read More

October 10, 2020 @ 2:00 pm By Omar Faridi  |  

  Binance, the world’s largest digital asset exchange, notes that cryptocurrency markets took a major hit in September 2020 as Bitcoin (BTC) and Ethereum (ETH) recorded their first down month since June of this year. Binance also mentioned in its monthly report that despite the… Read More

October 7, 2020 @ 11:34 pm By Omar Faridi  |  

The developers at Kyber Network, which provides a tool that allows traders to exchange tokens instantly without having to use exchanges, have announced the launch of The Sandbox – which will be running an Automated Price Reserve for the SAND token on the Kyber Network,… Read More

October 4, 2020 @ 4:55 pm By Omar Faridi  |  

Chainalysis, a leading blockchain analysis and security firm, has provided an update regarding the recent KuCoin exchange hack, which led to around $280 million in digital assets being stolen (according to estimates confirmed by many industry participants). Chainalysis noted that on September 25, 2020, hackers… Read More

September 30, 2020 @ 8:28 am By Omar Faridi  |  

The decentralized finance (DeFi) ecosystem has reached new heights during the past few months, as many projects have launched and large amounts of capital has been invested into these so-called decentralized platforms. The Coin Metrics team confirms that most DeFi solutions have been launched on… Read More

September 28, 2020 @ 9:49 pm By Omar Faridi  |  

Crypto exchange OKCoin confirms that they recently listed Uniswap’s UNI governance token and are now planning to list cUSDC and cUSDT tokens from Compound, which is another major algorithmic money market developed on Ethereum (ETH). As explained by the OKCoin team, UNI is the governance… Read More