The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Sideways Bitcoin price allows DeFi, Ether and altcoins…
For the past two days, Bitcoin price has traded within the $14,800–$15,500 range, but the top digital asset has struggled to flip $15,500 to support. A positive is that Bitcoin (BTC) continues to make higher lows,…
Sideways Bitcoin price allows DeFi, Ethereum, and altcoins…
For the past two days, Bitcoin price has traded within the $14,800 to $15,500 range but the top-digital asset struggled to flip $15,500 to support. A positive is BTC continues to make higher lows and…
Almost 1M Ether would have been burnt in…
The controversial Ethereum Improvement Proposal (EIP) 1559 would have burnt 970,000 Ether (ETH) — with a total value of $360 million — in the last year, if it had been implemented. EIP-1559 seeks to reduce…
Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed…
There’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1.4 million from blockchain investors. The project called Boringdao, a decentralized bridge between Ethereum and alternative blockchains, plans to…
DeFi craze propels Uniswap monthly volume to $15.3B,…
Data from Dune Analytics shows that in the month of September Uniswap decentralized exchange processed $15.371 billion in volume. In the same period, reports indicate that Coinbase processed $13.6 billion. Monthly decentralized exchange volume. Source:…
Uniswap Captures $2 Billion Locked, Dex Volume Outpaces…
The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the…
First Mover: Bitcoin Low Exchange Balance Looks Bullish…
There’s a degree of transparency in cryptocurrencies that doesn’t exist in traditional markets like stocks and bonds: Thanks to data that’s easily extracted from blockchains, everyone can see everyone else moving their money around. That…
Bitcoin Balances on Exchanges at 2-Year Low and…
The balance of bitcoin on major exchanges has hit its lowest levels since November 2018. Yet unlike that time, when bitcoin was in the depths of the crypto winter, some see this current spate of…
Bitgo Plans to Launch Wrapped Bitcoin on the…
Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the…
First Mover: Tron’s Play for WBTC Shows Competition…
Compared with the traditional financial system, the cryptocurrency industry is evolving fast. Technologists are experimenting with the vast-reaching potential of blockchain. And regulation is typically immature, inconsistent and unevenly applied across international borders, allowing entrepreneurs…
Tokenized BTC Crosses $1B Notional: Ethereum Cements Role…
Years ago when the Bitcoin network started suffering from higher fees and congestion, a number of bitcoiners advocated the use of sidechains in order to relieve the main chain’s duties. However, they didn’t realize that…
Supply of Tokenized Bitcoin on Ethereum Now Tops…
To the surprise of many, bitcoin (BTC) has been a breakout star in Ethereum’s decentralized finance (DeFi) moment. Taking the form of wrapped or tokenized bitcoin, the digital asset takes the best of both blockchains…
Over 15% of ETH Supply Locked in Smart…
The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked,…
$700 Million Worth of Synthetic Bitcoin Is Circulating…
According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins…
How to Leverage Uniswap – Ethereum’s Noncustodial Defi…
In 2020 decentralized exchanges (dex) have grown quite mature compared to just a few years ago. One specific dex gathering a lot of steam this year in the defi world is Uniswap, a trading platform…
Powering DeFi market: Overview of the top 5…
One of the most groundbreaking advancements to come out from within the realm of blockchain technology is the concept of a decentralized exchange. In its most basic form, a DEX can be thought of as…
Market Wrap: Bitcoin Over $11.7K; Uniswap Passes $500M…
Bitcoin is trending upward and volume on decentralized exchange Uniswap is soaring to an astounding new high. Bitcoin (BTC) trading around $11,724 as of 20:00 UTC (4 p.m. ET). Gaining 0.61% over the previous 24…
Defi Platform Uniswap Outpaces Coinbase Pro in Global…
The decentralized exchange (dex) Uniswap has seen a massive amount of trade volume during the last seven days. Following Uniswap’s rapid increase in global trade volumes, the platform’s founder Hayden Adams celebrated the dex outpacing…
Total Value Locked in Defi Jumped 85% in…
A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85%…
Onchain Data Shows $449M Worth of Bitcoin on…
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on…
Dex Platforms Trade Over $2.4 Billion in 7…
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber,…
Blockchain Bites: Coinbase’s Loans, Ethereum’s Fees, YAM’s Bug
Ethereum users are paying through the nose while miners profit. Coinbase is offering bitcoin-backed loans and nearly a quarter of the Tor Network may be compromised by a crypto-loving scammer. You’re reading Blockchain Bites, the daily…
Blockchain Bites: Hedge Fund Down, Banana Bets and…
Another crypto hedge fund is winding down, Huobi launched a new unit to invest in DeFi and the Twitter hacker is reportedly a bitcoin millionaire. You’re reading Blockchain Bites, the daily roundup of the most pivotal…
Curve’s Daily Volume Increases 50x in Two Months
Decentralized finance (DeFi) liquidity pools continue to surge in popularity, with the Curve Finance decentralized exchange (DEX) consistently hosting more than $60 million in daily volume for the first time this past week, according to…
For Some Reason, Wash Trading Happens on Decentralized…
Decentralized exchanges are generally liked for their transparency and lack of custody, reducing the trust requirements in their operators. Many centralized exchanges have been caught in a peculiar type of manipulation used to inflate their…
Market Wrap: Bitcoin Near $9,600 as Gold Hits…
As bitcoin closes in on $9,600, gold surpasses $1,900 and DeFi liquidity steadily grows. Bitcoin (BTC) trading around $9,592 as of 20:00 UTC (4 p.m. EDT). Slipping 0.03% over the previous 24 hours. Bitcoin’s 24-hour…
Market Wrap: Bitcoin Fails to Stay Above $9,400…
Bitcoin’s performance the past 24 hours is flat as the world’s oldest cryptocurrency loses ground from Tuesday’s jump to over $9,400. Bitcoin (BTC) trading around $9,378 as of 20:00 UTC (4 p.m. EDT). Gaining 0.05%…
Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses,…
The number of active Ethereum addresses has grown aggressively in 2020 because of the decentralized finance (defi) boom. Active Ethereum addresses doubled in size leaving networks like Tron, Cardano, and EOS in the dust. There’s…
Tether Freezes Millions of Dollars USDT in 40…
Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to…
Tether Blacklists 39 Ethereum Addresses Worth Over $46…
Tether (USDT) has blacklisted 39 Ethereum addresses worth $46 million in USDT, with 24 holding a total of over 5.5 million USDT being blacklisted this year. This revelation comes on the back of Centre’s first…
Market Wrap: With Low Volatility, Traders Seem to…
Over the past month, while market action has been relatively quiet, crypto traders have punched the buy button when bitcoin’s price drops below $9,000. Bitcoin (BTC) trading around $9,208 as of 20:00 UTC (4 p.m.…
Market Wrap: As Stocks Rally, Bitcoin Trades Above…
A rising tide in equities is lifting all boats – including in the bitcoin market. Bitcoin (BTC) is trading around $9,295 as of 20:00 UTC (4 p.m. ET), gaining 2.7% over the previous 24 hours.…
Market Wrap: A Sea of Red Across Markets…
Bitcoin started the week with a bullish run, but it has now given back all of those gains. Bitcoin (BTC) was trading around $9,296 as of 20:00 UTC (4 p.m. ET), slipping 3.5% over the…
3 Reasons Why DeFi Tokens Are Outperforming Bitcoin…
Decentralized Finance (DeFi) has been a rapidly growing sector in the crypto space and although the volume of the DeFi ecosystem yet to surpass that of the general crypto market, the new way of lending…
Market Wrap: Bitcoin Spot Volumes Are Weak While…
Bitcoin spot volume may have been low this week, but the real action in crypto has been in the options market and decentralized finance. Bitcoin (BTC) was trading around $9,274 as of 20:00 UTC (4…
DeFi Records ‘Exponential’ Growth in Assets
Decentralized finance (DeFi) continues to grow at an exponential rate with the number of new DeFi assets increasing by almost ten fold over the same time last year. Zerion DeFi project founder Evgeny Yurtaev shared…