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…
High Gas Fees Prevent Ethereum From Being Ethereum
High Ethereum gas prices make it impossible for ERC-20 projects to run any microtransaction payments on Ethereum. This defeats the idea of using the Ethereum network for one of its principal use cases. Gas fees…
Trader Warns Of “Capitulation Volume” And “Heavy Downside”…
The DeFi space rose to incredible heights all throughout 2020 but could have come to a roaring peak over the summer months. Assets like Yearn.Finance (YFI), Uniswap (UNI), or Aave (LEND) are all on the…
How Uniswap & DeFi Drove Ethereum Wallet MetaMask…
The Ethereum wallet interface and browser extension MetaMask has recently achieved a milestone 1 million monthly active users, highlighting the enormous adoption underway. The rise runs in parallel with the DeFi trend, capped off recently…
Ethereum Leads DeFi Tokens On A 60% Average…
Ethereum is the top dog when it comes to DeFi. Other decentralized finance tokens are built on its blockchain and require ETH gas fees to transact. This also could be why the top-ranked altcoin is…
ETH Volumes Top $119.5 Billion in Q3: High-Risk…
A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or…
Matic Takes Step Towards Solving High Ethereum Gas…
Matic has just announced that Tether is now available on their network. The Matic team tweeted that this would help Ethereum immensely by diverting activity away from the mainchain. 1/ The industry’s leading stablecoin, Tether…
DeFi Overtakes Ethereum In The Media, Data Shows
Ethereum is the primary cryptocurrency benefiting from the DeFi trend. And while a rising tide lifts all boats, the demand for the top-ranked altcoin is second-to-none. And while Ethereum is dominating the crypto market right…
Why Top Global Brands Like the NBA and…
Developed by the team behind some of the most successful crypto applications in the world, Flow is a blockchain re-designed from the ground up to be user- and developer-friendly as well as modular and future-proof.…
Survey: Large Number of Yield Farmers Can’t Read…
A new Coingecko survey has found that a large number of yield farmers do not know how to read smart contracts despite claiming they understand the risks that come with such investments. According to the…
Uniswap UNI Token FOMO Brings Ethereum Fees To…
Last week, Uniswap launched its UNI token and set the crypto market ablaze with renewed interest in the DeFi project. The 400 free tokens essentially acted as a stimulus check, and as investors rushed to…
Ethereum’s Market Dominance is Poised to Surge; Here’s…
Ethereum has been at the center of some of the largest developments within the crypto market throughout the past several weeks and months. Nearly the entire DeFi ecosystem is built upon the Ethereum blockchain, which…
Ethereum’s Gas Spike Forces Coinbase Pro to Pass…
While Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The move followed the exchange listing…
Uniswap Activity Sends Ethereum Gas Fees Sky High
The issue of high Ethereum gas prices isn’t going away anytime soon. Just last month, total daily fees on the Ethereum network managed to reach an all-time high of $8.6 million. Following a brief respite…
Analyst Sees Ethereum in “Reversal Stages” as Price…
Ethereum is on the track of registering more losses eves as it trades 196 percent higher on a year-to-date timeframe. A pseudonymous analyst highlighted a string of technical and fundamental catalysts that could push the…
Daily Ethereum transactions hit a new historical high…
Daily transactions on the Ethereum blockchain have just recorded a new all-time high amid the general surge of congestion on the network. On Sept. 17, the amount of daily transactions on the Ethereum network amounted…
Coinbase Pro passes gas fees to users as…
Ethereum miners’ hourly revenue has hit a five-year record, with fees currently bringing in 2,275 ETH ($880K) per hour. The spike was triggered by yesterday’s announcement that Uniswap would airdrop it’s governance token UNI to…
Is Uniswap’s UNI Token Behind Ethereum’s 6% 24…
Last night, Uniswap debuted its Ethereum-based UNI token to the world and began distributing 400 of the suddenly hot tokens to early users of the platform. Substantial interest surrounding the new token has led Ethereum…
Tether market cap increases almost 4X in 2020…
The surging DeFi sector has resulted in a mass minting of Tether in 2020 — including $3B last month alone — which has pushed its market capitalization over $15 billion. At the beginning of the…
No, Another $1 Billion In Tether (USDT) Wasn’t…
This week, over $5 billion in Tether (USDT) was minted and added to the stablecoin’s circulating supply and market cap. A correlation with newly minted USDT and Bitcoin pumping has sent the crypto community into…
DeFi mainstreaming impossible until DEXs integrate layer 2,…
The rapid growth of the decentralized finance sector (DeFi) took a shock after the recent 17.5% drop in Bitcoin (BTC) price. However, it is likely that the DeFi sector will continue to grow as Bitcoin…
DeFi Effect: Ethereum Network Grows 25% In 2020,…
Ethereum has had a remarkable year thanks to the DeFi explosion. Not since the ICO boom has the crypto asset seen this much demand, development, and network activity. And despite the recent plunge in Ethereum…
Declining ETH Gas Cost Still Higher Than BTC…
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still…
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…
Defi Boom Fueling ETH Gas Fees, Threatens Viability…
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…
Why Soaring Gas Fees Won’t Let An Ethereum…
Ethereum has both benefitted and its rep been harmed from the recent explosion in farming for DeFi tokens. As investors poured liquidity into these tokens, sending and locking up so much ETH sent prices of…
Perfect storm leads to big sell-off for Bitcoin…
Digital asset markets were on a parabolic surge until investor confidence took a major hit to close out the week with a bearish tilt due to a perfect storm of negativity. Before reading the rundown,…
Crypto Markets See Red: BTC Headed Back to…
Bitcoin has steadily been falling since Thursday of this week–last Friday, Bitcoin was sitting comfortably around $11,440, where it largely remained before peaking just over $12,000 on Wednesday. The Most Diverse Audience to Date…
Fees Bonanza: Ethereum Miners Pocket a Record $113…
Ethereum miners are making a killing from transaction fees. In August alone, the miners raked in a total of $113 million in profit, up more than 3,660% from the $3 million earned in April, according…
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…
No End in Sight For High Ethereum Gas…
Mid-August saw total Ethereum gas fees top a record $8.6 million in one day. Following a brief respite, which coincided with the collapse of YAM Finance, total gas fees are starting to creep back up…
Market Wrap: Bitcoin Dips to $11.1K; Ether Mining…
Bitcoin is looking bearish while Ethereum miners are reaping more fee revenue than ever before. Bitcoin (BTC) trading around $11,298 as of 20:00 UTC (4 p.m. ET). Slipping 3.8% over the previous 24 hours. Bitcoin’s…
OMG Network’s Token Climbs 252% This Week; What’s…
OMG Network’s native token OMISEGO (OMG) logged a milestone price rally in the running week. The 25th largest cryptocurrency surged by up to 252 percent in the days leading to its integration into the world’s…
Ethereum 2.0 and EOS Crossing Swords Over Scalability…
When the EOS network launched in 2018, it looked to be one of the biggest contenders to Ethereum (ETH) — not just in terms of providing a scalable development platform for decentralized apps, or DApps,…
Exploring Decentraland: A Review of the Virtual World…
During the last two weeks, I’ve been roaming around the virtual world Decentraland in order to get some perspective on the platform supported by the Ethereum Blockchain. The following is a review of my experience…
Ethereum Options Traders Jump the Gun as ETH…
Since the start of the week Ether (ETH) has gained more than 17% and the gains appear to be connected to increasing stablecoin use and the rise of DeFi applications. As reported by Cointelegraph, Ethereum…
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…
$6M Worth of Tether on the Bitcoin Cash…
During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation…
Matic Network Gives a Glimpse Into How Big…
Crypto staking on the Matic mainnet went live just over two weeks ago. On launch, Matic co-founder and CEO, Sandeep Nailwa took to Twitter to boast of the incredible 150% annual yield available for early…
Cardano Gains Momentum as Ethereum 2.0 Release Continues…
Ethereum co-founder, Vitalik Buterin, recently appeared on the Hashing It Out podcast to discuss the latest developments with Ethereum. Hosts Corey Petty and Dean Eigenmann quizzed Buterin on his regrets over Ethereum’s initial launch, and…
Surge in Stablecoin and DeFi Growth Bring Ethereum…
The median transaction fees on the Ethereum network are the highest they have been in two years and have risen above Bitcoin fee for the second time in the last three months. Recently, Coinbase researcher…
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…
Hundreds of Sites Now Earn Crypto Trading Fees:…
A couple of months ago, a new WordPress (WP) plugin launched that allows anyone to host a digital currency trading platform. With the application, WP website owners can earn fees from various crypto asset trades.…
Ethereum Network Use Hits a New All-Time High…
According to a recent report by Delphi Digital, the total gas used on the Ethereum blockchain has reached an all time high and it seems like this the figure is set to increase. Gas is…