Transaction fees on the Ethereum network have fallen to their lowest since the beginning of the year as the crypto market cools down following its recent crash. The entire crypto market witnessed a massive correction in mid-May. The crash was fuelled by an announcement that Tesla was no longer going
In mid-April, the Ethereum Berlin upgrade went live. The hard fork included several Ethereum Improvement Proposals (EIPs), particularly EIPs-2718, 2929, 2565, and 2930. Sadly, it didn’t include the much-anticipated EIP-1559, which has been touted as the Holy Grail to solving the network’s high transaction fees. According to Ethereum
Analysis
The last few months have been phenomenal for the cryptocurrency industry. From the influx of institutional investors to Bitcoin’s Bull Run, and of course the ongoing NFT frenzy, it appears that digital assets are finally going mainstream. However, one of the major hurdles new users may have to cross
Analysis
The rate of innovation in the 21st century is unprecedented. Every existing solution in the physical world has a better alternative in the digital realm. The shift has been beneficial, especially for centralized corporations in the first two decades of the new millennium. The advent of blockchain and the demonstration
On Wednesday, May 19, 2021, the entire crypto market was thrown into a sea of red, with several digital assets recording double-digit losses. Bitcoin dropped to a low of $30,200 after months of trading around $50k, representing a dip of over 50 percent from its all-time high of $64k.
On May 5, Uniswap’s v3 iteration went live. The buildup preceding the launch was remarkable and even earned Uniswap v3 the title of “DeFi’s most-anticipated DEX upgrade.” The catch was that Uniswap would introduce concentrated liquidity, multiple fee tiers, and increase capital efficiency by up to 4,000
Analysis
As Bitcoin's rally pushes ahead, even its harshest detractors have been forced to mute their criticisms. Blockchain is the next frontier for financial applications, and with Bitcoin's market capitalization rivaling the GDP of some small countries, the world of finance is definitely in for some decentralization.
Analysis
The crypto derivatives market has grown by leaps and bounds in 2021, with digital assets exchange platforms reporting record-high trading activities. Notably, the growth of the derivatives market is exemplified by the growing demand for Bitcoin futures contracts. The global open contract, which was worth $3 billion back in January
Analysis
The number of enthusiasts interested in mining cryptocurrencies is growing every day. But not everyone knows how to choose the best mining machine. In this article, we want to recommend the best crypto mining machines with high profitability in 2021. Then you as miners of Bitcoin and other cryptocurrencies will
On January 19, Treasure Secretary Nominee, Janet Yellen, responding to a question during her Senate confirmation hearing stated that cryptocurrencies are “a particular concern.” According to Yellen who has now backtracked on her earlier statement, digital assets are primarily used for illicit financing. Her comments about cryptocurrencies do not come
There has been a lot of buzz about Bitcoin’s whitepaper in the last 24 hours with self-proclaimed Satoshi Nakamoto, Craig Wright, threatening to sue sites that fail to take down his whitepaper. In his recent spree of legal actions, Wright, an Australian computer scientist threatened the owners of Bitcoin.
Analysis
The increasing popularity of cryptocurrencies has led to an increase in the number of crypto service providers in the market. There's no doubt that the increasing number of crypto service providers have spoilt the crypto users for good. But, at the same time, almost every crypto user is
One of the major highlights and selling points of Bitcoin is decentralization. Satoshi Nakamoto in his original Bitcoin whitepaper wrote: A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. In simpler terms, Bitcoin
News
FinCEN is crafting legislation that will require banks to keep records on many crypto wallet holders but should you care? For hardcore Bitcoiners, increased adoption has been a double-edged sword. The price of Bitcoin (BTC) has skyrocketed with individual investors trading in disparate ways as well as increased institutional investment.
News
DeFi is currently the hottest trend within the cryptocurrency space, and for a reason. The sector aims to decentralize every aspect of the traditional financial industry, making services like credit, insurance, and others available to all. Services that haven't been easily accessible to all society members, especially those
Analysis
It is a gravitational law that whatever goes up must come down. And since we are still on earth, many crypto pundits have called for a Bitcoin correction. Unless the digital asset has finally gone to the “moon,” the warnings of several industry analysts and observers may come to pass