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Bitcoin

cryptocurrency May 16, 2020

Bitcoin has proved itself to be one of the best-performing crypto-assets post the market crash on 12 March 2020. In fact, the top coin has not only outperformed crypto-assets, but has also overtaken a few traditional assets. However, there’s one other altcoin that has performed equally well – Tezos. Advertisements Tezos has been on its […]

cryptocurrency May 16, 2020

Ethereum may present itself as the decentralized version of the Internet in the face of Bitcoin, the decentralized currency, with it creating a more principled image. But on the price front, it still trails the largest cryptocurrency on the market. Advertisements The Robin to Bitcoin’s Batman, Ether, the currency connotation of Ethereum, has since the […]

cryptocurrency May 14, 2020

Bitcoin has been noting a lucrative turn of events in 2020, while also overcoming a difficult period that began in March. With the threat of COVID-19 on the world economy still a major concern, the digital asset industry has seemingly carried on with its business, with traders now seemingly content with the present market situation. […]

cryptocurrency May 14, 2020

Wrapped Bitcoin aka WBTC is a way of getting Bitcoin on Ethereum, where WBTC is pegged 1:1 with BTC. This is supposedly the future of cryptocurrencies – cross-chain compatibility. WBTC is one such project working to get the Bitcoin ecosystem [liquidity], or at least a part of it, to ETH. Since the Ethereum chain consists […]

cryptocurrency May 13, 2020

The cryptocurrency market has been tough on many of the market’s cryptos, largely owing to the constant fluctuation in prices. XRP has been one such coin whose price has been restricted under $0.20 since the market crash in March. However, its low trading price and low transaction fees have provided an alternative to many Ethereum […]

cryptocurrency May 12, 2020

DeFi leverages decentralized networks to transform old financial products into trustless and transparent protocols. The platform that supported Ethereum as collateral along with USDC and BAT recently added Wrapped Bitcoin (WBTC), an Ethereum-based token backed 1:1 by Bitcoin to its list of collateral types. Advertisements Even though ETH was one of its oldest collateral, ETH […]

cryptocurrency May 10, 2020

The collective crypto market was in a consolidation phase; as Bitcoin’s awaiting its third halving, conversations about the direction of its price engulfed the community. Advertisements Currently, the cryptocurrency market exhibited of convergence of Ethereum and Bitcoin price volatility despite the general notion that the price of the latter is expected to show some drastic […]

cryptocurrency May 8, 2020

Etheruem surged higher Thursday alongside Bitcoin as a prominent hedge fund tycoon declared he would invest in bitcoin futures.The ETH/USD exchange rate eyed an extended move to retest its local top near $226.With halving coming on May 12, the pair could rise further owing to its positive correlation with Bitcoin. But there are risks.Ethereum moved […]