Category: ETH

Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion

Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 BillionDigital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are […]

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Tiger King’s Archnemesis Big Cat Rescue Accepts Bitcoin

Tiger King's Archnemesis Big Cat Rescue Accepts BitcoinThe number one show on Netflix in the U.S. right now is a television series called “Tiger King: Murder, Mayhem and Madness,” and American audiences are eating it up like candy. While the docuseries costar Joseph Maldonado, aka “Joe Exotic,” spends 22 years behind bars, costar Carole Baskin is still the owner of the Big […]

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Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs

While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market valuation of eight different stablecoins combined is well over […]

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Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K

Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6KBitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future price of bitcoin as “safe-haven” theories have […]

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400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020

400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s survey respondents think BTC prices will touch a new all-time high at $22,866 per coin. Also read: 2x […]

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‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu

'Bull Run May Not Come Immediately After Bitcoin Halving,' Says Bitmain's Jihan WuBitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central banks’ loose monetary policy infecting the world will bolster the value of […]

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Binance Lending Adds Bitcoin Cash to Flexible Deposits Letting Users Earn Interest on BCH

Binance Lending Adds Bitcoin Cash to Flexible Deposits Letting Users Earn Interest on BCHBitcoin cash users now have another venue to earn interest on their digital asset holdings. Binance has added support for BCH flexible deposits on its lending platform, alongside ETH and EOS. This development comes just as competition in the crypto lending field is heating up. Also Read: Binance Users in Turkey Can Now Deposit and […]

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Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues

Devs Debate Using USDC for Collateral After Stablecoin DAI Faces Liquidity IssuesSince March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However, the auction might not be enough and the […]

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Market Update: Cryptocurrency Market Cap Sheds $90B, Margin Calls Spike, Futures Slide

Market Update: Cryptocurrency Market Cap Shed $90B, Margin Calls Spike, Futures SlideDigital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto proponents face uncertainty amidst the ongoing coronavirus scare and economic […]

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ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao

ETH Price Strains Defi Collateral Loans as 'Black Swan' Event Strikes MakerdaoThe price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s undercollateralizition was also blamed on price oracle discrepancies. Also read: The 35 Most Influential […]

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Ethereum Community Enthralled Over Controversial ProgPoW Proposal

The Ethereum community has been debating a proposal called ProgPoW as many ETH proponents believe the Programmatic Proof-of-Work function will alter the network significantly. The contentious topic has seemed to galvanize the community, with the ProgPoW proposal favored by a significant proportion while being detested by others. A few Ethereum participants were shocked on February […]

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Cryptocurrency Airdrops and Giveaways: What They Are and What’s Next

Cryptocurrency Airdrops and Giveaways: What They Are and What's NextThere are a number of ways people can obtain cryptocurrencies and one of them is through airdrops, a type of distribution where creators send free coins to numerous crypto wallet addresses in order to drive adoption. Airdrops have been leveraged for years and token distributors believe that it’s a great way to disburse coins fairly […]

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USDZ Capital Group Launches USDZ Stablecoin

USDZ Capital Group Launches USDZ StablecoinStablecoin is a cryptocurrency pegged to less volatile external assets such as official currencies, precious metals, or oil. The value of a stablecoin can also be pegged to other crypto-assets or fixed by algorithms. Stablecoins retain the same value as the underlying asset and are not subject to sharp price fluctuations. The general idea behind a stablecoin is to maintain a stable value over a long period of time.

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Cryptocurrency Payment Gateway Gocrypto Onboards 1,000 Locations Worldwide

Cryptocurrency Payment Gateway Gocrypto Onboards 1,000 Locations WorldwideOn February 28, Gocrypto CEO Dejan Roljic revealed the payment gateway has officially onboarded 1,000 merchant locations during a recent company update that expanded upon the firm’s growth. Roljic also explained Gocrypto now has several locations in five countries and the company recently started expanding into South America in November 2019. The Latin American expansion […]

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Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price Predictions

Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price PredictionsDigital currency markets have been consolidating since the initial price drop on February 26 that saw $25 billion shaved off the entire cryptocurrency market. At the time of publication, the cryptoconomy is hovering just above the $245 billion zone and a few coins today are making slight gains. Also read: MTV Airs Only the Negative […]

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Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems

Understanding Defi Flash Loans - Complex Attacks, Inflation and Composable SystemsTwo recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit funds from the Bzx platform twice, as […]

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Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium

Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC's 41% PremiumCryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App […]

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Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices

Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale DevicesOn February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than 100,000 Poynt retailers worldwide. Also Read: Ethereum vs Tron: Comparing Data, Defi […]

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What Are Altcoins and Why Are There Over 5,000 of Them?

What Are Altcoins and Why Are There Over 5,000 of Them?According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.” The term refers to any of the thousands of prevalent cryptocurrencies that […]

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Ethereum vs Tron: Comparing Data, Defi and Stablecoins from Both Chains After Viral Tweet

Ethereum vs Tron: Comparing Data from Both Networks After Viral TweetOn February 7, Cold Card and Opendime creator, Rodolfo Novak (also known as NVK), tweeted a picture of himself with Tron founder Justin Sun and Blockstream’s CEO Adam Back. Novak said “Ethereum was over” and the three had a plan to move Tron to Liquid, a network that leverages the BTC chain. Whether the tweet […]

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Defi Market Surpasses $1 Billion – But There’s a Catch

Defi Market Surpasses $1 Billion – But There’s a CatchThe total value locked (TVL) in decentralized finance applications has surpassed $1 billion, prompting celebrations from the Ethereum community. Not everyone has been swift to toast the milestone, however, with suggestions that the true value locked into defi protocols is materially lower. Meanwhile, creeping competition from centralized lenders shows that defi will have to innovate […]

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Market Update: Bitcoin Cash Shines as Crypto Markets Show Bullish Signals

Market Update: Bitcoin Cash Price Shines As Crypto Markets Show Bullish SignalsDigital currency markets are in the green again today after seeing some moderate losses the day prior. The leading cryptocurrency in the top 10 is the fourth-largest blockchain by market cap, bitcoin cash, which is up 14% today. A variety of other digital asset markets are doing well as the overall market valuation of all […]

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