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Day: July 31, 2020

cryptocurrency July 31, 2020

Key Takeaways Transaction and gas costs on Ethereum have surged in 2020 While the increase in Gas costs coincided with the DeFi craze, data shows that the sector is not the primary reason behind Ethereum’s clogged network The Ethereum-based Ponzi scheme Forsage drives transaction fees up because of its expensive registration procedure Share this article […]

cryptocurrency July 31, 2020

Advertisements How far has the Ethereum blockchain come in the five years since its inception? We explore key developments, changes and challenges. It would seem that five years is a relatively short time for an information technology company, but Ethereum has made colossal progress during this time, growing from its own initial coin offering project […]

cryptocurrency July 31, 2020

Key Takeaways yEarn was technically born in January 2020 as iEarn, until rebranding and launching new features last month. The platform automates much of the complexity behind yield farming and is controlled by holders of its native governance token, YFI. Andre Cronje has developed a cult-like following due to his software prowess, speed, and creativity […]

cryptocurrency July 31, 2020

Advertisements In brief: Ethereum turning 5 years old has had a bullish effect on the price of ETH. Ethereum has bulldozed past several resistance levels including $320. At its current momentum, ETH could retest the 2019 high of $365. Breaking this level could open the gateway to prices last seen in the 2017/2018 crypto market […]

cryptocurrency July 31, 2020

Bitcoin is eyeing a breakout towards $12,000, according to crypto-chart analyst Josh Rager. The analogy appears out of Ethereum’s latest upside move from a consolidation range. Mr. Rager sees Bitcoin repeating the same bullish action as it trades inside a similar sideways pattern. Bitcoin is at the cusp of hitting $12,000 in the coming sessions, […]

cryptocurrency July 31, 2020

Advertisements Messari estimates that 20% of Ethereum-based DEX volume is driven by DeFi aggregators. Crypto market data firm Messari estimates that 20% of all decentralized exchange (DEX) volume on Ethereum is routed via DEX aggregators. In a newsletter, Messari writes that “the 21st century is dominated by aggregators,” adding, “Amazon aggregates consumers and merchants. Uber […]

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