Market Wrap: Bitcoin Tests $12K; Ethereum Fees Fall to 3-Month Low

Bitcoin’s price passed $12,000 for the first time since September as Ethereum fees dipped.Bitcoin (BTC) trading around $11,910 as of 20:00 UTC (4 p.m. ET). Gaining 1.8% over the previous...

R3 Corda Network Set to Go DeFi With XDC Digital Currency

A group of former bankers building on R3’s public Corda Network are touting the first digital currency for that ecosystem, dubbed XDC. Announced Tuesday, the Cordite Society, a co-operative registered in...

Market Wrap: Bitcoin Bounces to $11.8K; Over 10K BTC Locked in Harvest Finance

Bitcoin traders hit the buy button Monday while a DeFi project gains $135 million in BTC locked since the start of September.Bitcoin (BTC) trading around $11,689 as of 20:00 UTC...

Ethereum 2.0 deposit contract to launch this week: ConsenSys dev

ConsenSys developer Ben Edgington has published an update that predicts the ETH 2.0 beacon chain genesis will happen within the next six to eight weeks.In a post announcing the launch...

Price analysis 10/19: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV

Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins. Source link

The OKEx Drama Exposes a Weakness in Crypto Market Infrastructure

This week saw more exchange drama rock the crypto markets. OKEx, one of the industry’s largest crypto-fiat exchanges, suspended all cryptocurrency withdrawals, saying one of the exchange’s key holders has “been...

Blockchain to curb fake news

With the United States Presidential Election set for next month, the concern over fake news has once again dominated public discourse. Fake news — the deliberate spreading of verifiably false...

Cryptocurrency Is Just a Minor Threat to the State- CoinDesk

Are cryptocurrencies a new form of money and, if so, do they threaten state power? Our friend Nic Carter has recently commented on these questions in dialogue with the Federal Reserve Bank of New...

Market Wrap: Bitcoin Has Light Response to OKEx While Ether Options Traders Make Beacon...

Bitcoin rebounded from an OKEx-related drop; ether options traders may be beacon chain bearish. Bitcoin (BTC) trading around $11,327 as of 20:00 UTC (4 p.m. ET). Slipping 2% over the previous...

Price analysis 10/16: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV

Bitcoin and altcoins must rebound off their immediate support levels to recapture bullish momentum and resume the uptrend. Source link

More than half of all Ethereum hasn’t moved in 12 months

More than half of Ethereum’s circulating supply has not moved in more than a year, with only 39.6% of Ether (ETH) changing hands over the past 12 months.According to Glassnode’s...

Bitcoin and Ether now account for 44% of the value locked in DeFi

The recent explosive growth of decentralized finance has seen the sector lock nearly $4 billion worth of Bitcoin (BTC) and Ether (ETH) in less than five months.According to DeFi Pulse,...

Almost 1M Ether would have been burnt in past year if fee proposal approved

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...

Ethereum’s on-chain activity surges and bullish sentiment spikes

The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicates that discussions around Ethereum have switched from highly bearish to predominantly bullish. Historically, this hasn’t meant good news...

Market Wrap: Bitcoin Tests $11.5K; Ether Futures Open Interest Flattens

Bitcoin is turning bullish Thursday while ether futures open interest sticks around $1 billion the past month.Bitcoin’s price is on the rise Thursday, moving from a mostly flat trend to...

Foresight or folly? Data show 70% of exchanges are unmoved by DeFi volume

A recent survey by cryptocurrency data aggregator, CryptoCompare, shows that centralized exchange operators do not see the emergence of decentralized trading venues like Uniswap as a threat despite growing volume...

Bitcoin News Roundup for Oct. 15, 2020

With bitcoin falling back towards $11K and news out of CoinDesk’s invest: ethereum economy conference, CoinDesk’s Markets Daily is back for your latest crypto news roundup!Today's stories:The search for profit...

Yearn Finance’s founder says he ‘doesn’t build for speculators’

The founder of Yearn Finance, Andre Cronje, has seen a fair share of criticism lately as he deployed some smart contracts that ended up losing users’ money. Cronje defended himself...

Can DeFi and on-chain governance change human nature? Oct. 7-14

This week, one bit of news really grabbed my attention: Dharma getting criticized for allegedly trying to capture Uniswap governance.Dharma is the company behind a crypto payments and exchange app,...

Multiple data points suggest Bitcoin’s 2017-style bull run has begun

Last week, Bitcoin (BTC) saw its price rise 6.95%, rising from $10,804 on October 5 to $11,555 by October 12. The surge marked the best performing week for the price...