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cryptocurrency February 19, 2021

F1 Delta Time will be the first title deployed on the layer-two network to alleviate the problem. The publisher of F1 Delta Time, Animoca Brands, announced a partnership with Ethereum layer-two solution, Polygon, on Feb. 18. Under the partnership, the entirety of the REVV token motorsport ecosystem will be deployed on the Polygon network, starting […]

cryptocurrency February 19, 2021

Binance paused ERC-20 withdrawals without offering a credible explanation, letting speculation about its true motives run wild. Binance had a hiccup with its withdrawals for Ether (ETH) and all ERC-20 assets on Friday, with users being unable to access any of their Ethereum-based assets for about one hour. The pause came abruptly, as the exchange’s Twitter account […]

cryptocurrency February 19, 2021

This week, transaction fees on the Ethereum blockchain grew to a level that made the decentralized applications (dapp) operating atop it practically unusable. In some cases, transferring as little as $5 across the second-largest public chain started costing as high as $300. With no choice left, many of the dapp developers decided to run the […]

cryptocurrency February 18, 2021

Data suggest retail traders are over-optimistically using leverage to long Ethereum, whereas pro traders remain skeptical about ETH’s short-term prospect of reaching $2,000. In the last 24-hours, Ether (ETH) rallied above $1,900 to a new all-time high and this breakout reflects a strong 45% gain for just February alone. Aside from Ether following Bitcoin’s (BTC) […]

cryptocurrency February 18, 2021

Harmony price surged in February after adding a trustless Ethereum bridge to avoid high gas fees. Since the start of February, Harmony (ONE) has rallied by 230% and while the proof-of-stake smart contract platform benefited from Ethereum’s skyrocketing gas fees, the recent meteoric rise appears to be driven by more fundamental factors. Harmony (ONE), ATOM, […]

cryptocurrency February 18, 2021

Ethereum, the world’s second-largest cryptocurrency by market capitalization, established a new record high on Thursday. The ETH/USD exchange rate reached $1,927 ahead of the London opening bell after surging 4.12 percent. Later, the pair gave up a small portion of its gain to profit-takers. It was trading at $1,896 as of 1224 UTC, still up […]

cryptocurrency February 17, 2021

In brief: The daily trade volume of the CME Ethereum futures hits $75.8M 9 days after launch Open interest on the CME Ethereum futures has hit $62M These numbers point towards institutional demand for Ethereum trading products Grayscale has accumulated 194,522 ETH in the last 30 days further confirming institutional demand It has been roughly […]

cryptocurrency February 17, 2021

Key Takeaways Accredited investors can buy shares of the new DeFi Index Fund launched by Bitwise. The fund consists of nine DeFi tokens and will be rebalanced on a monthly basis. Investors need to invest a minimum of $25,000. Share this article Bitwise has announced the launch of a DeFi Index Fund. Institutional investors can […]

cryptocurrency February 17, 2021

In brief: Bitwise has launched a new Defi crypto index fund for accredited investors to gain exposure to the sector The DeFi index includes UNI, AAVE, SNX, MKR, COMP, UMA, YFI, ZRX and LRC in weighted proportions The fund’s custodian is Anchorage Digital Bank which is the first federally chartered digital asset bank Institutional investors […]

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