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Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
5.9.2020
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...
Tim Draper Heaps Praise on Bitcoin Cash
5.9.2020
Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well as buying it, Draper encourages his followers to do likewise. Draper’s endorsement comes as the Bitcoin Cash (BCH) community braces for a fork instigated...
Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps
4.9.2020
Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or...
Binance Coin is Undervalued, KuCoin Shares Overvalued - TokenInsight
4.9.2020
Certain exchange platform tokens like binance coin (BNB) are undervalued, while others, like kucoin shares (KCS) are overvalued, according to the latest report by token data and rating agency TokenInsight. Some, however, have 'left' their grade at the time of the writing.
The report noted that...
Price analysis 9/4: BTC, ETH, XRP, LINK, BCH, DOT, LTC, CRO, BNB, BSV
4.9.2020
A dead cat bounce from Bitcoin and altcoins’ critical support levels may attract further selling that could result in lower levels over the next few days
Privacy Options Underutilized in Cryptocurrency Usage: Report
4.9.2020
Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s...
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
4.9.2020
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged...
DeFi meme coin Hotdog dumps 99.9% in hours after launch
3.9.2020
Food themed DeFi project Hotdog dumps from $4,000 to $1 in five minutes
Price analysis 9/2: BTC, ETH, XRP, LINK, BCH, LTC, BNB, CRO, BSV, ADA
2.9.2020
If the bearish patterns on Bitcoin and altcoins complete the current correction could see prices drop to new lows
Enjin Coin Draws Higher High Pattern with YTD High at $0.266
2.9.2020
Enjin Coin is one of the lucrative tokens amongst the top 100 of the global crypto market and has revised the way people commonly use blockchain technology. The Enjin platform is building blockchain games and apps along with a wallet to keep the digital assets safe. It also helps to trade the rare...
Who cares about privacy? Not crypto users, says Coin Metrics
2.9.2020
‘Uptake of privacy features and assets has been slow,’ the report stated
Prepping for an Airdrop: Prominent BCH Community Members Bid Bitcoin ABC Devs Farewell
2.9.2020
On August 18, 2020, the Bitcoin ABC development team announced a “feature freeze,” which will include a new Infrastructure Funding Plan (IFP) and a week later explained it was also initiating a “governance council.” Despite the recent announcements, Bitcoin ABC has lost...
Binance Launches Smart Contract-Enabled Blockchain, Adds Staking for Its Coin
1.9.2020
Crypto exchange Binance has launched the mainnet for its smart contract-enabled blockchain and is also introducing staking for BNB tokens
You Think Crypto Isn’t Ready to Be Money? Consider the Coin Shortage
1.9.2020
If the United States had a digital dollar, we wouldn't need to worry about a lack of coins at retailers like Target and Kroger
Coin Race: Top Winners/Losers of August; Chainlink Up Most, BSV Least
1.9.2020
Was August a good month? Depends on which coin you ask. For many in the wider market, it was an excellent month, yet for many in the top 10 coins by market capitalization, the month ended in red.
August was a month filled with decentralized finance (DeFi) developments, particularly in the yield...
Price analysis 8/31: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, EOS
31.8.2020
Bitcoin and altcoins have bounced off their range lows but they are likely to encounter resistance at higher levels
Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K
30.8.2020
The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently...
Price analysis 8/28: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, EOS
28.8.2020
Bitcoin and altcoins are holding key support levels, suggesting bulls will try to break above overhead resistance levels soon
Price analysis 8/26: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, ADA
26.8.2020
Bitcoin and altcoins are likely to remain range-bound in the short-term as the bulls and the bears attempt to assert their dominance
ConsenSys Acquires JP Morgan’s Quorum Blockchain
25.8.2020
Quorum, the enterprise blockchain platform developed by mega-bank J.P. Morgan, is to be acquired by ConsenSys, the Brooklyn-based Ethereum venture studio