Centralised Exchanges have played a pivotal role in the crypto asset ecosystem, acting as fiat ramps, custodians, exchange, market makers and VCs. Algorithmic smart contract based Decentralised Exchanges (DEXes) offer a non-custodial alternative and have turned into serious competition. Bitcoin started in 2010 as the first crypto asset, and the only way to acquire it […]
Visa announced it will allow the use of the USD Coin (USDC) stablecoin to settle transactions on its payment network. The company is launching a pilot program with a payment and crypto platform Crypto.com, with plans for more partners later this year. According to the announcement, Visa spent the last year enabling the capacity for digital […]
Ethereum 2.0 is the next evolutionary phase of the Ethereum blockchain. It will mark the transition from proof-of-work algorithm to proof-of-stake. In the process, the Ethereum 2.0 Staking Contract recently reached an all-time high of 3.6 million ETH – over 3% of the total supply. Glassnode is reporting that at its current price of approximately $1’631, the […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Consolidation below 60’000 USD In the reporting week, a correction phase dominated, with its lowest point occurring on Thursday. Right at the beginning of the week, losses led to a first correction, which brought the price back to the zone of 54’000 USD. The triangle formed […]
After stunning the market earlier this year with a bold bet on Bitcoin, Tesla Inc. has now started accepting Bitcoin (the world’s largest electronic currency) as a means of payment for its electric cars. On Wednesday, Elon Musk, founder and CEO of Tesla, announced that American customers can now buy their Tesla with Bitcoin. This is […]
Fidelity Investments and Goldman Sachs have filed applications to list a Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). These would be the first Bitcoin ETFs in the United States. In what is a major step forward for the crypto market, both Fidelity Investments and Goldman Sachs have filed for Bitcoin exchange-traded funds (ETF) with the U.S. SEC. Goldman […]
Most Stablecoins are pegged to the US dollar. They close the gap between the advantages of Cryptocurrencies and the more stable fiat currencies. The first and largest of these is Tether (USDT), with a market capitalization of nearly $40 billion. Stability to currency can come in a variety of ways. In early times, Tether was […]
The long-awaited official announcement on the launch of Uniswap version 3 has finally arrived. However, it dashed hopes for vast improvements in transaction costs and speeds. What’s new and why were some user disappointed? Following a teaser posted on March 23, the team behind the world’s most popular decentralized exchange, Uniswap, has finally released details on the specifications of version […]
Central banks are concerned that they may lose the race for digital currencies to a private digital currency like Bitcoin (BTC). But Bitcoin and CBDCs are very different, with the former being of fixed supply while the latter are backed by fiat currencies. A brief comparison of the two. As digital assets grow in popularity, […]
2017 feels like it happened a decade ago for most people, but many of people still have vivid memories of it, especially those who invested actively in the past bull run. There have been a lot of comparisons between the ICO bubble and recent DeFi hype, most of them unsubstantiated. The bull run of 2017/18 […]
