First Mover: Digital Gold Narrative Could Be Bitcoin’s Lone Ace as Ethereum Gains – CoinDesk
It’s pretty much guaranteed at this point that higher inflation is coming. The Federal Reserve, which has already printed about $3 trillion of new money this year, is now explicitly devoted to reducing the dollar’s purchasing power in a bid to revive the economy. Higher inflation also typically happens when a country gets laden with debt and interest…
HIVE Blockchain Reports Record Ethereum Mining Production Driven by DeFi Demand
VANCOUVER, BC / ACCESSWIRE / September 30, 2020 / HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(OTCQX:HVBTF)(FSE:HBF) (the "Company" or "HIVE") announces that it has achieved a record amount of Ethereum production in the current quarter driven by the continued strong usage of the blockchain network, notably for decentralized finance ("DeFi") applications, and the positive impact this has…
$1 Billion Of Bitcoin On Ethereum Gets Major Boost As BitGo Adds Proof Of Reserves Via Chainlink
A visual representation of the cryptocurrencies Bitcoin, Ethereum, Litecoin and Ripple on November ... [+] 20, 2018 in London, England. (Photo by Jordan Mansfield/Getty Images) Decentralized finance (DeFi) has come into sharp focus this year amid a cambrian explosion of products, massive interest, and plenty of busts. Perhaps the most underappreciated development, though, has been…
Market Wrap: Blame BitMEX as Bitcoin Dumps to $10.4K; Record Month for Ethereum Fees – CoinDesk
Derivative exchange BitMEX’s legal issues with U.S. regulators took a toll on bitcoin’s price while DeFi gave Ethereum miners more fee revenue than ever. Bitcoin trading on Coinbase since Sept. 29.
Top 3 Price Prediction Bitcoin, Ethereum and Ripple: Bitcoin tumbles as selling pressure intensifies
The cryptocurrency market is still swimming in turbulent waters, even as the weekend session is ushered in. It has been a week with minor price movements, especially to the upside. The flagship cryptocurrency retreated to $10,400 on Thursday before making a quick swing above $10,600. The majority of cryptoassets followed in Bitcoin's footsteps. For instance,…
Ethereum Classic may be a lost case as community opens up about the blockchain’s flaws
The Decentralized Autonomous Organization, or DAO, was a form of investor-directed venture capital fund that allowed users to raise capital and invest in startups. The project was launched in April 2016 and went bust in September of the same year due to a massive hack attack that cost the platform 3.6 million Ether valued at…
Former Block.one Execs Launch Tech to Make Ethereum More Secure – Decrypt
A team of former executives from crypto startup Block.one—the company that famously raised a purported $4 billion in an ICO to launch Ethereum competitor EOS—today launched a new decentralized finance (DeFi) protocol that wants to change the way blockchain networks reward the people who secure them.
Top 3 Price Prediction Bitcoin, Ethereum and XRP: Rejection opens the Pandora box
The cryptocurrency market lost steam over the weekend, somehow giving way for bears to regain control. For instance, the largest cryptoasset Bitcoin closed in on $11,000 after overcoming the resistance explored on Friday at $10,800. However, the king of digital assets failed to break the resistance at $11,000.