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Day: July 28, 2020

cryptocurrency July 28, 2020

Key Takeaways ICOs and IEOs both emerged during times of positive sentiment when investors were eager to allocate capital to new ideas IDOs are a reinvention of IEOs, where the token sale is instead conducted on a decentralized exchange Uniswap IDOs put genuine investors at a disadvantage and incentivize speculators to get in early to […]

cryptocurrency July 28, 2020

Advertisements In summary: Ethereum has long been known for high gas fees during times of network congestion.  The DeFi boom and related stablecoin activity are two reasons for Ethereum’s current congestion that results in high ETH fees. Developers are working on scaling solutions to solve this issue as well as other EIPs to cap Ethereum […]

cryptocurrency July 28, 2020

Share this article Although many of the significant DeFi protocols are built on Ethereum, there’s still a nascent cross-chain ecosystem being built across Cosmos and other blockchains. With FTX’s recent announcement, investors are starting to get excited about cross-chain DeFi. Advertisements DeFi Off Ethereum From MakerDAO and Compound to Synthetix and Uniswap, all of the […]

cryptocurrency July 28, 2020

Ethereum started a downside correction from the $335 swing high against the US Dollar. ETH price is currently approaching a major support zone near $305 and the 100 hourly SMA. Advertisements Ethereum is losing bullish momentum and it is now trading below $320. The price is likely to find a strong buying interest near $305 […]

cryptocurrency July 28, 2020

Advertisements Developers released the validator launchpad for ETH 2.0 on July 27, allowing users to participate in the testnet’s Proof-of-Stake. With the Ethereum 2.0 final testnet set to be released on August 4, developers have now opened the doors to validators. According to a July 27 Ethereum blog, the research team behind ETH 2.0 has […]

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