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Month: April 2020

cryptocurrency April 24, 2020

On 23 April as the market relished in the surging price of Bitcoin [BTC], altcoins also enjoyed a similar trend. Ethereum [ETH], the second-largest coin has been sharing a strong correlation with Bitcoin and according to data provided by CoinMetrics’, the BTC-ETH correlation has reported a new all-time high. Advertisements Source: CoinMetrics The correlation saw […]

cryptocurrency April 24, 2020

Notice how it’s 2020 and Bitcoin‘s Lightning Network is not fully operational yet? Lightning Labs CEO Elizabeth Stark had announced the initial release of lnd 0.4-beta for developers way back in 2018.  Advertisements ETH 2.0‘s delayed launch is now making people wonder if there’s a strong risk that ETH 2.0 might also face the same […]

cryptocurrency April 24, 2020

BitMEX announced on Friday, the launch of a new product “ETHUSD Quanto Futures”. As the name suggests, the product will be a futures contract with a 50X leverage and will launch on May 05, 2020, a week before the scheduled Bitcoin halving. Advertisements Borrowing the definition from Investment and Finance, quanto futures in a stock […]

cryptocurrency April 23, 2020

Advertisements Why hasn’t the Ethereum blockchain found the perfect solution for its scalability problem since 2014, and does one really exist? The Ethereum team has been trying to solve the blockchain scalability problem since 2014. During that time, solutions such as Raiden, Plasma, zk-SNARKs, sharding and rollups appeared in the developers’ tool kit. However, the […]

cryptocurrency April 23, 2020

A bankless world seems exciting. There’s no central authority keeping track of transactions, there’s no identity leak, and everything is under individual control. However, as many still see Bitcoin as being in its experimental phase, a completely bankless world feels like a distant dream. Advertisements Ryan Sean Adams, the host of the Bankless podcast, recently […]

cryptocurrency April 23, 2020

Like the rest of the crypto market, Ethereum, too, has performed extremely well over the past hour. The second-largest cryptocurrency, which traded around $183 for most of Wednesday, surged as high as $195 just minutes ago on the back of a short squeeze in the Bitcoin derivatives market, which pushed the asset up nearly 10% […]

cryptocurrency April 23, 2020

Advertisements Two mining pools on Ethereum are continuing to dominate the competition and now make up over half of the entire hashrate for the network. Hashrate is often used as an indicator to judge the strength of a network. However, it is also important to look at how distributed this hashrate is. In the case […]

cryptocurrency April 23, 2020

Advertisements Bitcoin price continues to flash bearish signals but Ether’s bullish trend may prevent a BTC downtrend. Ether price has rallied 114% since March 13 and the altcoin could be on the verge of rallying higher.  Increased activity on the Ethereum blockchain and the approaching ETH 2.0 launch appear to be bolstering Ether price and […]

cryptocurrency April 22, 2020

Aside from Bitcoin, the most talked-about cryptocurrency over the past few weeks has seemingly been Tether.The fourth-largest cryptocurrency by market capitalization, the stablecoin, which trades on markets as USDT, has become increasingly important to the crypto market. So much so that just the other day, data shared by Unfolded suggested that Tether’s market capitalization hit […]