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Month: June 2021

cryptocurrency June 23, 2021

Advertisements The Bank of Israel has experimented with using Ethereum and nonfungible tokens for a pilot as part of its ongoing digital shekel research, a local report claims. Israel’s central bank has allegedly completed a pilot — under the radar — for a central bank digital currency (CBDC) using Ethereum’s technology. The claim was made […]

cryptocurrency June 22, 2021

Cardano founder Charles Hoskinson has predicted a quick victory of Ethereum over Bitcoin. Advertisements Charles Hoskinson talked about cryptocurrencies and why he believes ethereum is poised to overtake bitcoin in the near future. He started by talking about the speed of bitcoin transactions. Pointing to the sluggishness of the network and how slow it is […]

cryptocurrency June 22, 2021

Advertisements Ethereum has lost its $2k support zone hitting a local low of $1,700 today However, Ethereum’s top 10 non-exchange whale addresses keep holding Other Ethereum investors have sent $500M worth of ETH to crypto exchanges in the last week Ethereum looks set for its very own death cross in mid-July Yesterday, Ethereum lost its […]

cryptocurrency June 22, 2021

Advertisements Digital Currency Group will purchase shares of the Grayscale Ethereum Classic trust worth $50 million Digital Currency Group is the parent company of Grayscale Investments The purchase will not be immediate and will depend on numerous factors Ethereum Classic’s value has been hit hard by the ongoing crypto market pullback led by Bitcoin dropping […]

cryptocurrency June 22, 2021

Advertisements DeFi users have stuck with Polygon despite lower gas fees on Ethereum DeFi on polygon continues to experience record growth due to its affordability Total DeFi users on MATIC have exceeded 420k On June 15th, the total value locked on Polygon hit an all-time high of $11.85 Billion DeFi users that have interacted with Polygon […]

cryptocurrency June 21, 2021

Advertisements Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder Charles Hoskinson. IOHK CEO and Ethereum co-founder Charles Hoskinson has argued that Bitcoin (BTC) sits at a significant competitive disadvantage due to its slow speeds and will be usurped by proof-of-stake networks.  In a five-hour podcast with computer scientist and […]

cryptocurrency June 19, 2021

Advertisements Ether could take longer than 12 months to regain ground versus Bitcoin due to increased uncertainties surrounding the shift to ETH 2.0 and reservations from institutional investors. Ether (ETH) price outperformed Bitcoin (BTC) by 173% from March 28 to May 15. The incredible bull caused the token to reach a $4,380 all-time high. However, […]

cryptocurrency June 19, 2021

Advertisements The Polygon (MATIC) development team has opened discussions for the implementation of EIP-1559 on its network MATIC has a fixed supply therefore implementation of EIP-1559 would mean restructuring payouts The development team proposes the implementation of EIP-1559 on Polygon without burning the base fee They propose that the base fee be sent to the […]

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