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Year: 2020

cryptocurrency March 29, 2020

Advertisements Due to significantly increasing numbers of mobile users worldwide, Ethereum should focus on mobile applications to adjust to reality. We live in an increasingly mobile world where I can order a vehicle driven by a complete stranger to take me anywhere, I can get food delivered in minutes, and I can conduct almost all […]

cryptocurrency March 29, 2020

Ethereum saw a dip in its ‘funding rate’, observed across three exchanges- BitMEX, ByBit, and Deribit. Although a dip in funding rate is not an important update, the extent of the dip was noteworthy. Advertisements ‘Funding rate’ is used on margin trading platforms like BitMEX, Deribit, etc to maintain the peg of derivative products. Take, […]

cryptocurrency March 29, 2020

Advertisements Analysis of Ethereum network activity reveals an increase in complex transactions associated with DeFi. Data published by Ganesh Swami, the co-founder of Ethereum (ETH) analysis firm, Covalent, indicates that decentralized finance, or DeFi, transactions are representing an increasing share of Ethereum block space at the expense of ETH transfers. Swami analyzed the gas costs […]

cryptocurrency March 29, 2020

Ethereum failed to clear the $142 resistance and started a fresh decline against the US Dollar, similar to bitcoin. ETH price could soon test the main $120 support area, where the bulls might emerge.ETH price is currently trading in a bearish zone below the $135 level against the US Dollar.There are many hurdles on the […]

cryptocurrency March 29, 2020

Advertisements Ethereum-based video sharing platform Pepo has integrated Zoom to facilitate live streams amid the COVID-19 lockdown. The Ethereum-based social media app, Pepo, has integrated with video conferencing platform, Zoom, to facilitate live streaming. Pepo Live Events is currently exclusively available in beta on the platform’s website and has not given an estimate for when […]

cryptocurrency March 28, 2020

Slowly but steadily, “complex” smart contract transactions are overtaking standard Ethereum transactions. As these transactions need more gas to execute, the network risks becoming much more expensive as it makes room for DeFi operations. Advertisements DeFi Slowly Competing with Value Transfer According to Ganesh Swami, CEO of Covalent, Ethereum transactions can be classified into three […]

cryptocurrency March 27, 2020

For the Ethereum ecosystem, decentralized finance (DeFi) has become one of its most promising ventures. In a world where finance and tech seem to overlap more often than not, coupling finance with the immense benefits of a decentralized blockchain can revolutionize the ecosystem drastically. Advertisements On the latest episode of the Epicenter podcast, Joseph Lubin, […]

cryptocurrency March 27, 2020

The fag end of 2019 saw a rise in the decentralized finance [DeFi] market. Bitcoin (BTC) was the first implementation of decentralized finance, with the second wave of DeFi including the Ethereum blockchain, a development that added another layer of programmability to its blockchain. Investors could now borrow, lend, trade, exchange, hedge, and store cryptographic […]