Tagged: ethereum

December 12, 2020 @ 3:54 pm By Omar Faridi  |  

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

December 11, 2020 @ 9:58 am By Omar Faridi  |  

The developers of the Kyber Network (KNC), which provides a tool that allows traders to exchange tokens instantly without having to use exchanges, recently released their monthly progress report. The Kyber Network team notes that 2020 is now almost behind us and it’s been a… Read More

December 9, 2020 @ 8:46 pm By Omar Faridi  |  

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

December 7, 2020 @ 12:38 pm By Omar Faridi  |  

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

December 5, 2020 @ 2:01 pm By Omar Faridi  |  

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

December 4, 2020 @ 7:31 am By Omar Faridi  |  

Huobi Global, a leading digital asset exchange, claims that when it comes to the blockchain and crypto sector, there are “arguably no blockchain projects more important than Ethereum.” The second-largest digital currency by market cap has also been credited with being “the mother of ‘Generation… Read More

December 3, 2020 @ 1:41 pm By Omar Faridi  |  

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based crypto exchange Kraken) has carried out its second VIP client sentiment survey for this current year. According to Kraken, the goal of the survey is to assess digital asset market… Read More

December 2, 2020 @ 10:27 am By JD Alois  |  

Grayscale Investments, sponsor of Grayscale Ethereum Trust (OTCQX: ETHE), has announced that it has declared a 9-for-1 split of the Trust’s common units. Shareholders of record as of December 14, 2020, will receive 8 additional shares of the Trust for each share held. The split… Read More

December 1, 2020 @ 7:42 am By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has announced that with the launch of Ethereum 2.0 (a major system-wide update to Ethereum, the world’s second-largest cryptocurrency network), they’re planning to introduce staking rewards for customers. Staking allows users to deposit digital assets on a platform or exchange… Read More

November 29, 2020 @ 5:36 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, notes in its latest crypto market overview report that it hasn’t seen prices this high since December 2017 (which was during the historic bull market that led to Bitcoin surging to nearly $20,000 and Ethereum reaching a price… Read More

November 29, 2020 @ 3:11 pm By Omar Faridi  |  

Amadeo Pellicce, Product Manager at Blockchain.com, a leading crypto wallet provider and blockchain explorer service, notes that last year, they had teamed up with digital asset firm CoinShares to introduce DGLD, a crypto-asset representing allocated physical gold that’s kept securely in a Swiss vault. Pellicce… Read More

November 28, 2020 @ 2:45 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is considered a legitimate store of value (SoV) by many investors, as it allows them to hedge against “expansionist monetary policies,” according to a blog post by Ledger Vault, a digital asset security solution for financial institutions, powered by Ledger… Read More

November 28, 2020 @ 1:33 pm By Omar Faridi  |  

The TokenInsight team notes that once again (unsurprisingly), we all received a “big gift” from the digital asset market for Thanksgiving with Bitcoin (BTC) crashing – which came right after it surged past the $19,000 mark for the first time in around three years. The… Read More

November 27, 2020 @ 8:10 am By JD Alois  |  

A report claims that the US Director of National Intelligence (DNI) John Ratcliffe has contacted SEC Chairman Jay Clayton regarding China’s influence in the crypto market including mining. According to the Washington Examiner, the DNI is worried that China has too much control when it… Read More

November 26, 2020 @ 9:45 am By Omar Faridi  |  

Ahead of the upcoming Ethereum 2.0 upgrade, ETH has been experiencing “significant momentum,” according to a report from OKCoin. The digital asset exchange notes that during the past week, the Ethereum price surged 30% to a high of over $600, but it has corrected sharply… Read More

November 25, 2020 @ 6:12 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is approaching its all-time of nearly $20,000 which it set back in December 2017 during the historic crypto market bull run. Bitcoin peaked at $18,950 this past week, and has begun to move higher toward its new year-to-date highs at… Read More

November 25, 2020 @ 4:12 pm By Omar Faridi  |  

The developers at Loopring, which allows anyone to create “high-throughput,” non-custodial, orderbook-based exchanges on Ethereum by leveraging Zero-Knowledge Proofs or ZKPs (for financial privacy), have introduced a beta version of the Loopring Wallet – which is notably the first Ethereum smart wallet with built-in zkRollup… Read More

November 25, 2020 @ 7:08 am By Omar Faridi  |  

Anchorage, a company that aims to help institutional investors with adopting digital assets, has partnered with Tokensoft to bring wrapped Filecoin (wFIL) to the Ethereum (ETH) blockchain. Diogo Mónica, Co-Founder and President at Anchorage, states that his organization is looking forward to welcoming wrapped Filecoin… Read More

November 21, 2020 @ 4:33 pm By Omar Faridi  |  

The United Arab Emirates (UAE) is reportedly leading the MENA region’s Fintech sector with a projected valuation of around $2.5 billion by 2022 (which is still not significant compared to international standards). Regional and multinational financial services providers have been launching digital platforms in order… Read More

November 20, 2020 @ 7:10 am By Omar Faridi  |  

The Ethereum (ETH) price is up around 25% during the month of November 2020. ETH, the world’s second-largest cryptocurrency by market cap and adoption, is trading at a little over $500 at the time of writing. During this past week, Ethereum managed to reach a… Read More