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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...
Ethereum Transaction Fees Set a Record Once Again as DeFi Becomes Even Pricier
1.9.2020
Average Ethereum transaction fees reached $10.33 on Tuesday
Highs, Lows, Flipping, Bridging and 20 Crypto Jokes
29.8.2020
This week in the Cryptoverse, bitcoin mining difficulty hit a new all-time high and rose further, RyanAir CEO said to avoid bitcoin like a plague, deVere Group CEO said that 2020 was a breakout year for bitcoin, and Snappa joined the group of companies diversifying their cash holdings into bitcoin....
The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power
25.8.2020
The SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of electrical consumption powering industrial bitcoin mining today consumes as much as seven nuclear...
$50K Bitcoin Is ‘Reasonable’ if BTC Hits New Highs, Says Tone Vays
20.8.2020
Tone Vays says $45,000 to $50,000 is a reasonable bull market target for Bitcoin if it surges past $20,000
Bitcoin and Altcoins Target Fresh Monthly Highs, Ethereum Rallies
14.8.2020
Bitcoin price managed to recover above the USD 11,500 resistance level. BTC followed a bullish path and climbed above USD 11,800. It is currently (08:30 UTC) consolidating gains and it seems like the bulls are aiming a strong upward move above the USD 12,000 resistance in the coming sessions.
On...
Decentralized Finance Frenzy Drives Ethereum Transaction Fees to All-Time Highs
13.8.2020
Average transaction fees broke all-time highs as median fees hover just below its high
Price Highs, Bull Runs, and Thieves: Bad Crypto News of the Week
9.8.2020
Check out this week’s Bad Crypto podcast
Bitcoin Market ‘Much Different Now’ as New BTC Wallets Approach 2017 Highs
7.8.2020
As the price of Bitcoin consolidates under a key resistance level, on-chain data show an optimistic trend
Bitcoin P2P Trading Soars in India as New Exchange Launches
6.8.2020
Bitcoin P2P trading volume in India has been growing rapidly, hitting record highs over the past weeks. Meanwhile, a new P2P trading platform has launched in India as the crypto industry awaits the government’s decision on a cryptocurrency law. P2P Trading Volume Soars in India Peer-to-peer...
Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High
6.8.2020
Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrencies with bitcoin (BTC) briefly trading above $12,000. As data from Usefultulips...
While Compound’s Locked Value Grows, COMP Tanked 60% Since June Highs
5.8.2020
Following a divergence between the price of the Compound platform’s COMP token and the total value locked (TVL) in the DeFi (decentralized finance) platform, early token investors are now being accused by some for dumping their tokens on the market.
Popular crypto investor Andrew Kang wrote...
Bitcoin and Altcoins Continue to Fail Near Major Range Highs
5.8.2020
Bitcoin price is holding the USD 11,000 and USD 11,050 support levels. BTC is currently (08:30 UTC) trading above USD 11,200, but it is facing many hurdles near USD 11,400 and USD 11,450. A clear break above USD 11,400, followed by a close above USD 11,500 could open the doors for more...
Crypto Derivatives Set New Records, ETH Futures Set All-Time Highs, CME Open Interest Spikes
5.8.2020
Digital currency derivatives have been on fire during the last two weeks as ethereum futures volumes touched an all-time high on Sunday. The popular derivatives trading platform Deribit saw 1.9 million ETH contracts traded and CME Group is now the third-largest exchange in terms of bitcoin futures...
As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures
31.7.2020
During the last few weeks, gold has skyrocketed in value over the concerns fueled by the faltering global economy. Despite the fact that gold has always been a safe-haven, many investors are looking to bitcoin because they fear central banks will dilute the market or even confiscate the gold. Prior...
Dai Supply Hits New Highs as Efforts to Restore Peg See Limited Success
31.7.2020
The total supply for DAI tripled since June as the community keeps raising the supply limits to bring the peg down to $1
Bulls Control Bitcoin Price Even as Funding Rates Reach Record Highs
29.7.2020
As Bitcoin rallied through $10K, derivatives markets started to show signs of excessive leverage but the market remains tilted toward bulls
Market Wrap: Bitcoin’s Price and Ether’s Dominance Sit at 2020 Highs
28.7.2020
The two biggest cryptocurrencies are hitting 2020 highs, though for different reasons
Bitcoin Price Hits 10-Month Highs as BTC Aims at $10.5K Resistance
27.7.2020
$10,390 briefly appears as optimism spills over into the new trading week, with safe-haven gold already at record highs against the dollar
Chainlink Surges to New Highs Fuelled by DeFi Boom
8.7.2020
On its third consecutive day of strong price gains, LINK, the native token of decentralized oracle platform Chainlink, today surged to yet another all-time high, fuelled partly by massive interest from across the cryptoverse in Decentralized Finance (DeFi) applications.
As of press time today...