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Month: January 2020

cryptocurrency January 29, 2020

Although only a month in, 2020 is quickly looking like it may be a strong year for the growth of derivative trading, and investment in cryptocurrencies. While Bitcoin has been performing well, there has also been some interest in Ethereum derivatives. There has long been futures trading for Bitcoin at places like BitMEX, OKEx, Huobi, […]

cryptocurrency January 29, 2020

Previously touted as the holy grail of Ethereum scalability, Plasma’s significant weaknesses appear to have made the developers quietly drop the technology. In a Jan. 27 post, Dragonfly Research proclaimed Plasma to be dead, noting that the Ethereum (ETH) community is converging on Optimistic Rollup, despite initial enthusiasm. The news comes in stark contrast to […]

cryptocurrency January 29, 2020

YouTube has for the longest time defined and influenced our day-to-day life along with other social media platforms such as Facebook, Instagram, and Tiktok. News breaks here, trends are set here, money is made here; they are the go-to platforms. YouTube alone has contributed to the success of several people like Justin Bieber, PewDiePie, Jeffree […]

cryptocurrency January 29, 2020

Ethereum Classic’s price saw a 158% boost in the past 27 days and ranked at the 11th position on CoinMarketCap. This boost pushed the price of the asset from $4.557 to $11.770 and has been noting consecutive growth over the past three days. This sudden surge in price followed the Agharta hard fork that took […]

cryptocurrency January 29, 2020

Blockchain data analytics firm CoinMetrics recently published the 35th issue of their ‘State of the Network’ series or reports. In this issue, they spoke about the performance of cryptocurrencies like Bitcoin, XRP and Ethereum over the week, and provided insights into Tether usage on different blockchains. The report shows Bitcoin had a relatively stable week, […]

cryptocurrency January 29, 2020

Swiss regulators have given the go-ahead for what is reportedly the country’s first fully compliant initial public offering on the blockchain. Swiss regulators have given the go-ahead for what is purportedly the country’s first fully compliant initial public offering (IPO) on a blockchain. Swiss blockchain firm Overture will launch a compliant IPO and offer ordinary […]

cryptocurrency January 28, 2020

Maker, the Ethereum-based DeFi protocol, remains dominant in decentralized finance, but competitors such as Compound, Uniswap, and Synthetix showed strong growth in 2019. Maker Remains the King of DeFi MakerDAO, creator of “the world’s first unbiased currency” DAI, enjoyed first mover advantage in the burgeoning DeFi market. With almost $850 million worth of collateral locked […]

cryptocurrency January 28, 2020

Ethereum’s price breached its strong resistance at $168 after the asset registered another spike on January 26th. The digital asset surged over 9 percent in the last 3 days, briefly touching the $173.40 mark and at press time, ETH was valued at $170.76. Over the past 24-hours, ETH spiked over 2.34 percent and the trading […]

cryptocurrency January 28, 2020

Nimbus received a $650,000 grant from Ethereum Foundation to realize its vision of light Ethereum 2.0 clients running on smartphones and Raspberry Pi devices. The Ethereum Foundation awarded a $650,000 grant to Nimbus for continuing its work on light Ethereum 2.0 clients, a Jan. 28 press release announced. The project’s goal is to allow smartphones […]

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