Market Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull Mode

The price of bitcoin is trending up in a low-volume environment. Meanwhile, some rebalancing from bitcoin into ether has been occurring on exchanges since late November.Bitcoin (BTC) trading around $19,363...

Analysts say surging Bitcoin whale inflows heighten chance of BTC correction

Since hitting a new all-time high, Bitcoin (BTC) price has been unable to flip the $19,400 level to support. This is likely due to the possibility that whales are selling...

95% of Ripple’s customers are not from the US, CEO Garlinghouse says

As Ripple reportedly prepares to relocate its headquarters outside of the United States, it turns out that only 5% of the company’s clients are based in the country, according to...

Dangers of hosting your own Eth2 node, explained

Allnodes can offer an affordable alternative to doing everything yourself, reducing the risks of financial penalties and slashing. The company offers an intuitive user interface, and two easy-to-understand hosting...

Protocol Hosting Google reCAPTCHA Competitor Expands to Polkadot

Human Protocol, the backbone for anti-bot system hCaptcha, announced Thursday it will be expanding beyond Ethereum to a future Polkadot parachain, Moonbeam. The move also prepares for the addition of a...

S&P Dow Jones launching crypto indexes in 2021

S&P Dow Jones Indices — a joint venture between S&P Global, the CME Group and News Corp — will debut cryptocurrency indexes in 2021, it has confirmed.In a press release...

Kraken pledges $150,000 to Ethereum devs in latest Gitcoin Grants Round

The Kraken cryptocurrency exchange announced that it would match $150,000 in donations to support open-source Ethereum projects on Gitcoin.Gitcoin is a developer-funding platform relying on a hybrid model of sponsored...

DeFi project Aave unlocks collateral with version 2 release

The decentralized finance niche of crypto has boomed in 2020, paying users interest on locked funds (collateral) in exchange for loans. DeFi protocol Aave recently unveiled its second version, V2,...

First Mover: Ether Eyed as Value Play With Bitcoin Pressing $20K

Bitcoin was rising back toward the all-time high price of $19,920 notched earlier this week. “So far, prices remain constrained, either with sellers unwilling to part with their coins at any...

Institutions rushing into $19K Bitcoin as GBTC premium hits 6-month high

The demand for the Grayscale Bitcoin Trust (GBTC) continues to rise with its premium surpassing 30% on Dec. 3. This indicates that Bitcoin (BTC) is seeing increasing institutional demand as...

What’s a DeFi merger, anyway? Nov. 25–Dec. 2

The biggest events in DeFi this week all involved Yearn.finance, the yield farming optimization protocol. I covered the first, Pickle Finance, in my last installment.Since then, we’ve seen integrations with...

Canada could launch CBDC sooner than expected, central bank exec says

Timothy Lane, Deputy Governor of the Bank of Canada and head of research at the bank’s fintech and crypto department, claimed that Canada’s central bank digital currency, or CBDC, might...

First AMM Layer2 DEX ZKSwap Announces Testnet Incentive Program with 1 Million ZKS Tokens...

Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded NoteOn November 25, the asset manager Vaneck announced the launch of an exchange-traded product (ETP) called the “Vaneck Vector Bitcoin ETN.” The exchange-traded...

Ridesharing Giant Cabify to Track and Offset Carbon Emissions Using Blockchain Platform

One of the world’s largest ridesharing companies, Cabify, is moving to offset its carbon emissions with the help of blockchain technology.Announced last week, the Latin American ridesharing business has tapped...

Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline

Slush Pool, the world’s oldest mining pool, put a Reuters headline about Bitcoin’s 2020 bull run in a block on Dec. 2.“Dollar plummets on U.S. stimulus hopes; Bitcoin hits all-time peak” is now part...

Roll-ups to preserve Ethereum’s DeFi monopoly despite competitors: Messari

Crypto data aggregator Messari believes that roll-ups will beat out layer-one solutions in the race to scale Ethereum.Although Eth2’s beacon chain genesis successfully took place on Dec. 1, analysts predict...

The challenges of Eth2 staking, explained

There are three key roles within the Stkr ecosystem. Providers deliver the computing resources that drive the Eth2 nodes — and they pay insurance that acts as a guarantee...