Why Is Ethereum’s Trading Volume Declining Despite Gas Fee At a 6-Month Low?

June 27th, 2021

Ethereum has just recorded its lowest transaction or gas fee in 6 months. As with Bitcoin and other digital assets, Ethereum has witnessed a massive plunge in price and capitalization since it attained its ATH price of $4,362.35 back in May. From this ATH, the cryptocurrency is now trading at $1,828.69, up 3.87% in the…

Chainlink Address Activity and Network Growth Falls to October 2021 Lows

June 25th, 2021

Oracle service provider Chainlink (LINK) has been under severe pressure with the altcoin market correction over the last month. The LINK cryptocurrency has corrected more than 60% now from its all-time high of $50 on May 10, 2021. As a result, LINK has slipped multiple ranks from the top ten cryptos to now being the…

Will Elon Musk Take the Jack Dorsey Challenge to Discuss Bitcoin Adoption by Institutions?

June 25th, 2021

A new war of words has triggered on Twitter between the two business tycoons Elon Musk and Jack Dorsey, who are currently in opposite camps with their views on Bitcoin. Earlier on Thursday, June 24, Dorsey announced “The B Word” community to expand the Bitcoin development and push further its use among institutions and companies….

Simplex Tie-Up With Kava Brings Fiat Directly to Defi

June 23rd, 2021

As Kava works to expand its multi-asset defi platform’s appeal, the inclusion of Simplex’s fiat-to-crypto processing infrastructure will provide a fresh avenue for users to enter the defi ecosystem with fewer steps and conversions. New On-Ramp to Streamline Defi Accessibility and Participation As decentralized finance (defi) regains its footing following the May decline in total-value-locked…

Asian Algorithmic Trading Company Amber Group Reaches Unicorn Status

June 23rd, 2021

Amber Group, a Hong Kong-based cryptocurrency trading company, has attained “unicorn” status. The company managed to raise $100 million in its Series B funding round. With the new influx, the company is now valued at one billion dollars, making it a unicorn. Amber Group’s strategy is said to make them market neutral, allowing customers to…

Student Coin Terminal Will Let You Easily Create Your Own Token for Free

June 23rd, 2021

The STC Terminal will be launched by the end of July 2021 and will be a major milestone in the wide-scale tokenization of the economy. It will make issuing a token accessible to everyone, including individuals, organizations, corporations, startups, and decentralized finance (DeFi) projects. What Is the Student Coin Terminal? Student Coin is a platform…

Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade

June 22nd, 2021

According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around June 24, 2021.”…

Dogecoin, Polkadot Price Analysis

June 21st, 2021

The cryptocurrency market is like a sea of bloody waters after losses ensued during the weekend session. Stability has been ousted from the market, hinting at continued widespread retracements. Bitcoin is heading back to the support at $33,000 while Dogecoin (DOGE) and Polkadot (DOT) are the worst hit in the top ten. Dogecoin:- Dogecoin lost…

OpenSea to Permit NFT Creators to Decentralize their Metadata Using IPFS

June 18th, 2021

Decentralized Non-Fungible Token (NFT) marketplace, OpenSea has announced the boost to its provisions for its creators to store their NFT Metadata using the Interplanetary File System (IPFS) and Filecoin when creating on the platform. The blockchain and crypto ecosystem is agog with the obvious potentials of NFTs. These tokens, which largely represent one of the…

Bitdao Collects $230 Million in Private Capital From Investors

June 17th, 2021

As the decentralized finance movement proves it’s staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi R&D, Funding, & Liquidity As decentralized finance (defi) slowly regains its footing following the May…