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cryptocurrency November 8, 2021

Advertisements The world’s second-largest cryptocurrency crossed the $4,700 mark following Bitcoin’s rally. Ethereum blockchain’s native asset, Ether (ETH), touched a new record high on Nov. 8, supported by a rally across the top cryptocurrencies ahead of a key United Stat inflation report this week. ETH’s price rose by 3.30% in the past 24 hours to […]

cryptocurrency November 8, 2021

Ethereum gained pace and traded to a new all-time high above $4,700 against the US Dollar. ETH is showing positive signs and it could extend gains above $4,750. Advertisements Ethereum gained pace above the $4,600 and $4,650 resistance levels. The price is now trading above $4,600 and the 100 hourly simple moving average. There is […]

cryptocurrency November 6, 2021

Digital asset marketplace Bakkt on Friday announced that users and partners will soon be able to buy, sell and hold ether (ETH). Users will also be able to send Ethereum to family and friends through its app. Institutional clients can also choose the Bakkt Warehouse for custody of ether. Advertisements Related Reading | Bakkt and CME launch […]

cryptocurrency November 6, 2021

Key Takeaways A pending crypto infrastructure bill in the United States could impact DeFi services, according to a law expert. The bill, passed by Senate in August, initially raised concerns for centralized crypto exchanges and brokerages. It remains to be seen how heavily the bill will be enforced if it passes through the next stage […]

cryptocurrency November 5, 2021

Advertisements The firm selected the Polygon blockchain for its low transaction fees and fast transaction time. Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, […]

cryptocurrency November 5, 2021

Advertisements Avalanche Foundation showcases a six-figure ecosystem fund, wXRP set to launch smart contracts on Ethereum, and AllianceBlock joins forces with Flare — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. For many years, Ethereum and XRP held the second and third-ranking spots in […]

cryptocurrency November 4, 2021

Advertisements Since October, Multi-chain compatible DeFi platforms saw record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees. High transaction fees have been a persistent thorn in the side of investors and blockchain projects since at least 2014 when Ethereum Network co-creator Vitalik Buterin stated in reference to […]

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