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…
CyberFi – An Intelligent Trading and Automation Platform…
sponsored While the decentralized finance (DeFi) space is not new, it has experienced massive growth to surpass $37 billion. Consequently, the sector attracted a lot of attention, which, in turn, led to the unearthing of…
NEXT.Chain, the Next DeFi Powerhouse to Host Its…
press release PRESS RELEASE. While Ethereum has given way to a brave new world of decentralized financial applications that are completely permissionless, accessible and groundbreaking in many ways. However, it has done so on an…
Binance Coin Explodes 45% on Heels of Bitcoin…
Binance Coin (BNB/USD) emerged as the best-performing asset among the top ten cryptocurrencies this week as traders measured its potential against a flurry of adoption-friendly updates. The fifth-largest cryptocurrency, which serves as a settlement token…
Cosmos (ATOM) Jumps 36% WTD: What’s Driving Its…
ATOM rallied by up to 36 percent on a week-to-date timeframe as traders assessed the prospects of a major technological update on its parent blockchain Cosmos on February 18. Dubbed as “Stargate,” the upgrade would…
Ethereum fundamentals signal $2,000 ETH price is closer…
In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs.…
ATOM rallies 100% in a week: What’s behind…
ATOM, the native cryptocurrency of the Cosmos blockchain protocol, has rallied by over 100% in the past week. Analysts are attributing the rally of ATOM to two major fundamental factors. First, in recent weeks, layer…
Finance Redefined: Is this the escape from Ethereum?…
Finance Redefined is Cointelegraph's DeFi-centric newsletter, delivered to subscribers every Wednesday. It seems that this week, finally, the community has had enough of Ethereum’s gas fees. That is obviously a bit of hyperbole, as gas…
Cointelegraph Consulting: Gauging the impact of ETH shortages…
Many researchers and influencers have pointed this out as a bullish sign that illustrates increasing demand for the native token that powers many popular DeFi apps. Others look at this as more of a critical…
Growing list of billion-dollar crypto ‘unicorns’ suggest the…
In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong fundamentals and oftentimes a first-mover…
Whales profit as high Ethereum gas fees sideline…
Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative high yield opportunities offered to cryptocurrency holders. Despite these features, this week’s record-high…
Bitcoin eyes $50K less than a month after…
Bitcoin’s (BTC) price broke through the crucial level at $35,000 and continued its run above $40,000 on Feb. 6, just days after MicroStrategy's pitched Bitcoin to over 1,4000 companies. This breakout above $35,000 earlier this…
Curve liquidity providers see $3M windfall from $11M…
DeFi protocol Yearn Finance has reported that its V1 yDAI vault was exploited by a hacker to the tune of $11 million on Feb. 5. However, the hacker failed to reap the lion’s share of…
Ether price breakout to $1,750 sees Ethereum network…
Largest altcoin Ether (ETH) built on its recent all-time highs on Feb. 5 to climb ever closer to $2,000. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingViewEther price hits record $1,750 Data from Cointelegraph Markets and…
Curve liquidity providers see $3M windfall from $11M…
DeFi protocol Yearn Finance has reported that its V1 yDAI vault was exploited by a hacker to the tune of $11 million on Feb. 5. However, the hacker failed to reap the lion’s share of…
FunFair (FUN) gains 183% as the blockchain-based gaming…
Many DApps and blockchain-based games are designed with casino-style and RPG features that allow players to use cryptocurrency for gambling. FunFair is essentially a white-label, turnkey blockchain-based casino and the platform aims to provide services…
Exchange temporarily halts Ether withdrawals as gas fees…
Japanese cryptocurrency exchange Liquid has temporarily disabled Ether (ETH) withdrawals as the altcoin hits new all-time highs. According to a Feb. 4 announcement, Liquid has halted withdrawals for ETH and some ERC-20 tokens due to…
Total crypto market cap hits new all-time high…
The combined value of all cryptocurrencies broke a new record of close to $1.139 trillion at 8:50 a.m. UTC on Feb. 4 . While long-term analysts often eye Bitcoin's solo chances of eating into gold's total…
DeFi users flock to Flamingo (FLM) to escape…
Decentralized finance is rapidly becoming a cornerstone of the cryptocurrency sector but the ecosystem has become increasingly centralized on the Ethereum network and this is causing the entire sector to be plagued by high gas…
Band, Loopring (LRC) and Cream secure a slice…
The U.S. dollar lost about 7% of its value in 2020, while Bitcoin rallied about 300% during the same period. As Bitcoin’s institutional adoption increases, United States companies may start to diversify their treasury with other…
Axie Infinity escapes Ethereum gas fees as Ronin…
Pokemon-inspired blockchain game Axie Infinity has announced that its long-touted Ethereum sidechain, Ronin, has gone live. Developer Sky Mavis developed the sidechain to ease the pressure of Ethereum network congestion and gas fees on players.…
Uniswap (UNI) and Compound (COMP) hit new highs…
On Jan. 30 Uniswap (UNI) and Compound (COMP) both rallied to new all-time highs as the entire DeFi sector continued to heat up. UNI soared to a new all-time high at $19.93 and COMP price…
Finance Redefined: What can you do about those…
This is a repost of Finance Redefined's latest installment, where Cointelegraph unpacks the latest developments in DeFi. The newsletter is delivered to subscribers every Wednesday. DeFi was reasonably quiet in terms of major fundamental developments,…
Here are the best and worst times of…
Anyone who has used Ethereum in 2020 knows the frustration of paying for gas, the measure that represents a transaction’s computational weight. With gas prices sometimes rising up to 100 to 200 gwei, a unit…
DeFi surge, rising TVL and new partnerships underpin…
Interoperability between blockchains is rapidly becoming one of the buzz phrases being thrown around when discussing decentralized finance and the coins most likely to rally during an altcoin bull run. The rapid growth of DeFi,…
NFT boom and platform upgrades back Decentraland’s (MANA)…
In the past year non-fungible tokens (NFT) have been gaining ground as the digital art market exploded and developers experimented with a variety of use cases. Data from NonFungible shows that over the past 30…
DMEX Integrates xDAI for Cheap Decentralized Perpetual Contracts…
PRESS RELEASE. In response to rising gas prices during the last weeks, DMEX has moved its trade processing to xDAI sidechain that allows for much cheaper transaction recording. Customer funds are still stored on an…
Highly Anticipated Ethereum Fee Model Upgrade is Expected…
High gas prices are a thorny subject for the Ethereum community. The issue gained widespread coverage during the summer of DeFi when demand and network usage were sky-high, resulting in less than palatable charges. Ethereum…
Metaverse: The Bridge Over NFT To Integration
You can now go to a museum in Japan to experience moving digital art. You can also go to a digital platform like Somnium Space, or Superworld, to experience further digital rabbit holes. Something has…
Perpetual Protocol emerges as sixth-largest DEX after just…
Perpetual Protocol, a DeFi project offering decentralized perpetual contracts using the layer-two Ethereum scaling solution xDai, has emerged as the sixth-largest DEX by weekly trade volume after operating for only one month. Based on data…
3 reasons why Ethereum has been rising faster…
The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has been soaring since the beginning of the new year. What's more, it has outperformed Bitcoin (BTC) since Jan. 1, gaining roughly…
DeFi integration and layer-2 tech back Matic Network’s…
The exponential growth of the decentralized finance sector increased activity on the Ethereum blockchain, and this has resulted in slow transaction times and incredibly high fees. In the last month, Ether (ETH) price has also…
Ethereum Options Contract Hints At The Altcoin Closing…
Ethereum is nearing its former all-time high of $1,440 set back in 2018 at the peak of the crypto bubble. Those who hed the altcoin throughout the bear market are finally getting the comeback they…
Why is the Price of ETH So High–And…
Crypto prices have been getting a lot of air time so far this year–and for good reason. After all, Bitcoin has shown signs of stabilization above $30,000; at press time, BTC was pushing $35K.…
AAVE price soars to $123 all-time high as…
As the crypto bull market continues to gain traction, the price of Aave’s native token, (AAVE), is pushing toward new all-time highs. The growth of the decentralized lending platform appears to be bolstered by improving…
Ethereum “Anti-Network Effect” Shows “DeFi Has Outgrown” The…
Ethereum broke out over the weekend and looks primed to follow in Bitcoin’s footsteps by shattering its former all-time high and soaring far higher. But while Bitcoin prices climb, there has been minimal impact on…
Ethereum Shoots Past $1k But High Gas Fees…
Ethereum spiked as high as $1.1k after a 30% advance on Sunday, a level not seen since February 2018. The market has since cooled off, back to just below the $1k level at the time…
‘Rat poison squared’ Bitcoin passes Warren Buffett’s Berkshire…
Bitcoin (BTC) has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market. Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already…
Rat poison squared Bitcoin passes Warren Buffetts Berkshire…
Bitcoin (BTC) has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market. Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already…
Crypto’s Big Rupture Is Coming in 2021
After a crazy year with predictably strong growth in decentralized finance (DeFi) and store-of-value (SoV) crypto assets generally, things are about to get weird. Diversification is the only way to stay sane. Crypto is set…
YieldFinanceFarm Next Generation Rewards Maximizing DeFi Farm –…
PRESS RELEASE. Yield Finance Farm attempts to correct a few major issues plaguing the market at this time. Primarily, YieldFinanceFarm provides new crypto users an easier alternative to earn a passive income with the use…
YieldFinanceFarm Is Next Generation DeFi Farm to Maximize…
PRESS RELEASE. Yield Finance Farm (YIF) is a high-yield Defi farm that allows you to Stake, Farm, Lend, Borrow, and Earn. Bringing real value to yield farming, it’s a modern-age project designed to meet the…
Market Wrap: Bitcoin Holding at $18K; Active Ethereum…
Bitcoin is struggling to make gains as an expected low-volume weekend could push price further down. Meanwhile, the increasing number of active Ethereum addresses this year is a testament to the network’s growth. Bitcoin (BTC)…
ABEY Chief Scientist Highlights the Future Of Crypto…
When Bitcoin ballooned to $20,000 the last time around, the network became so congested, slow transactions put a damper on the excitement surrounding the cryptocurrency industry, and the hype and the valuations it drove all…
Finance Redefined: You get hacked, they get hacked,…
If people actually used insurance against hacks, this week would definitely have bankrupted a great many insurers. In the span of one week, a total of four flash loan-enabled exploits were registered (one actually happened…
Finance Redefined: You get hacked, they get hacked,…
If people actually used insurance against hacks, this week would definitely have bankrupted a great many insurers. A total of four flash loan-enabled exploits were registered in the span of one week (one of them…
Investors are back into Bitcoin but DEXs are…
Bitcoin’s long-waited bull run and the recent wave of corporate and institutional investors allocating significant portions of their reserves to Bitcoin (BTC) are all signs that the pace of crypto’s mainstreaming is rapidly accelerating: But…
Bitcoin Transaction Fees Spike 350% in a Month,…
Bitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred in the last week, as the price of…
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…
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…