One analyst suggests staking may trigger a bull run for ETH, but how likely is ETH 2.0 to generate this amount of demand? Ethereum 2.0 has dragged its feet. But when it does finally ship, it could provide the “largest economic shift in society” — or so it’s believed. The launch of ETH 2.0 is […]
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Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin in deposits — worth over $380,000,000 — since its launch back in August 2018. Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in August 2018. With over 100,000 active […]
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Data shows that $1,000 intraday surges in Bitcoin price often lead to double digit corrections shortly thereafter. This week Bitcoin price pulled off an incredible rally that appears to have exceeded the expectations of many investors. Data from Cointelegraph Markets and CoinMarketCap shows record trading volume across multiple crypto exchanges occurred as Bitcoin rallied to […]
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Bitcoin might not be the most stable asset out there, but it is more stable than some economies. The demand for cryptocurrency in certain countries is growing amid the COVID-19 pandemic. Bitcoin (BTC) peer-to-peer trading volume in Argentina, Chile, Venezuela and Morocco has peaked over the past few weeks, marking new all-time highs. Additional reports […]
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As the global economy trembles, investors continue to find sanctuary in stablecoins, which have increased their market cap dramatically. As the global economy trembles, investors continue to find sanctuary in stablecoins. In the most recent 12-month period (ending April 29, 2020), the three top stablecoins — Tether (USDT), Circle (USDC) and Paxos (PAX) — increased […]
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SmartPy and Cryptonomic are adding Chainlink price oracles to the Tezos network, filling a perceived gap in the ecosystem. Two leading Tezos (XTZ) teams, SmartPy and Cryptonomic, are making Chainlink (Link) oracles natively available on the Tezos network. The two teams received a grant from the Tezos Foundation to integrate Chainlink oracles into Tezos smart […]
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A VC believes that Link could soar 700% in the next month or two to overtake Ether as DeFi insurance policy. A venture capitalist believes that Link could soar above $25 and overtake Ethereum (Ether) as number two cryptocurrency by market capitalization. Michael Anderson, co-founder of Framework Venture and an early Chainlink (Link) investor, in […]
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Ahead of Bitcoin’s upcoming halving, all major trends surrounding the premier cryptocurrency seem to be positive. For over a month, the global crypto community has been talking about the upcoming Bitcoin halving event with great gusto. However, because of the economic slump that has affected the entire planet at the moment from the spread of […]
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A manual audit of Ethereum’s top 10,000 wallet addresses suggests an incredibly bullish outlook for the transition to Proof-of-Stake. Adam Cochran, the analyst who predicts Ethereum 2.0 staking will cause a new bull run, released a 109-strong Tweetstorm on April 29, revealing his findings from a manual audit of Ethereum’s 10,000 fattest wallets. The conclusion […]
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Arab Bank Switzerland has closed a $10 million+ Series A financing round for Swiss digital asset infrastructure firm Taurus Group. Arab Bank Switzerland has closed a Series A financing round for Swiss digital asset infrastructure firm Taurus Group. While undisclosed, the amount is reported to be an “8-digit” figure in Swiss francs — implying a […]
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