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Month: December 2021

cryptocurrency December 10, 2021

Bitcoin’s utility as an inflation hedge has been a big push for the adoption of the cryptocurrency by investors. Ethereum on the other hand is fast-rising to become the preferred crypto for hedging against inflation for investors. The digital asset’s performance over the past couple of years has proven that it is a strong contender […]

cryptocurrency December 10, 2021

Ethereum is struggling to gain pace above the $4,300 zone against the US Dollar. ETH price is correcting gains, but it might find support near $4,000. Advertisements Ethereum corrected lower below the $4,220 and $4,200 support levels. The price is now trading below $4,300 and the 100 hourly simple moving average. There was a break […]

cryptocurrency December 10, 2021

Key Takeaways Joseph Delong has left Sushi following internal conflict with other developers. The news comes amid a wave of controversies and several months after co-founder 0xMaki stepped down from a leadership role to an advisory role. Sushi has historically been controversial but is still regarded as one of the most notable DeFi projects. Share […]

cryptocurrency December 10, 2021

Since the NFT sector is known for both famous collections and individual works by artists, it’s easy to view the market in fragments. However, Chainalysis’ 2021 NFT Market Report sheds light on broader trading trends and investor behavior. Advertisements Time to ‘Gogh’ into the facts Experts and analysts are fond of describing the NFT ‘summer’ […]

cryptocurrency December 9, 2021

Advertisements One Ethereum transaction uses enough energy to power a house all day, but how much does the fiat financial system use? According to Cointelegraph Research’s original investigation into the most energy-efficient blockchains for nonfungible tokens (NFT), the Ethereum network is currently using more energy than Costa Rica does during an entire year. To put […]

cryptocurrency December 8, 2021

Key Takeaways Enso Finance, a new DeFi index and social trading platform, has announced its mainnet launch due on Dec. 9. The launch will involve bootstrapping liquidity through a simultaneous vampire attack on six competing protocols. Users migrating liquidity to the platform will be rewarded with NFTs and Enso’s native tokens. Share this article URL […]