Summary: Crypto exchange Bitfinex has launched Chain Split Tokens for ETH users. The feature was announced as the Merge is a few weeks away. Chain Split Tokens would allow users to trade possible tokens from a hard fork of Ethereum’s network. Prominent miner Chandler Guo previously disclosed plans to maintain an ETH Proof-of-Work ecosystem by …
Continue reading “Ethereum (ETH) Chain Split Tokens Launched By Bitfinex Ahead Of PoS Upgrade”
On the 20th of August, the BCH/USD market was in a total deadlock following a previous strong bearish market trend that was ended by a fruitless tug-of-war between demand and supply. The standoff between the buyers and the sellers resulted in that day’s stagnant market. This may be a sign that announces the end of …
Cryptocurrencies made it big in 2021, and part of the credit for their recognition can be attributed to the wild popularity of meme coins. These meme coins overwhelmed investors with their returns, setting much-needed benchmarks for this entirely new ecosystem of cryptocurrencies. Dogecoin led the phenomenon, followed by many other similar coins including Shiba Inu. …
Continue reading “Memecoins are here to Stay – at Least the Price Action Says so”
It would not be an understatement to say that crypto traders have shown a significant amount of interest in Tamadoge’s offerings. Tamadoge has placed a wager that turned out to be successful by adding play2earn elements, which constitute a real-world application, to the Memecoin ecosystem. Tamadoge is inching closer and closer to raising $7 million, …
Continue reading “Tamadoge Reaching Closer to Presale Target: Is It Still Worth Investing?”
The crypto strategist who nailed Bitcoin’s (BTC) 2018 bear market bottom is predicting a strong year-end performance for Ethereum (ETH). The pseudonymous analyst known in the industry as Smart Contracter tells his 210,600 Twitter followers that while he sees Ethereum rallying nearly 70% in Q4, he predicts rough days for ETH for the rest of …
Modern exchanges are aggregating deeper liquidity to ensure sufficient funds in pools. The number of modern platforms is rising, making it hard for a user to choose the most suitable option. KyberSwap is one competitive DEX on the market, operating with the ability to aggregate liquidity from over 80 exchanges across 11 chains extending from …
Continue reading “Where today’s DEXs are falling short, explained”
India is now home to an estimated 115 million cryptocurrency investors despite a historically negative attitude toward the sector from the government, according to new data. The latest gauge on the number of users in India comes from cryptocurrency exchange KuCoin, which released the findings of its ‘Into The Cryptoverse India Report’ survey on Tuesday. …
Continue reading “One-third of estimated 115M Indian crypto users concerned about regulations”
Bitcoin (BTC) hodlers are feeling the squeeze this week as repeated tests of lower levels spark increasing losses. Data from on-chain analytics firm Glassnode shows more wallets are in the red as of Aug. 23 than at any time in the past month. Over 17.5 million wallets in the red BTC/USD has seen five trips …
Continue reading “Bitcoin addresses in loss hit 1-month high as BTC price retests $21K”
In the aftermath of the first officially reported crypto payment in the sanctioned country’s foreign trade, Iran’s importers point to the necessity of stable regulations to continue trade via cryptocurrencies. On Saturday local reports cited the head of Iran’s Importers Group and Representatives of Foreign Companies (Import Association), Alireza Managhebi, who emphasized that stable regulations and …
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Traditional financial assets make up the majority of an investor’s portfolio, but they are looking at methods to diversify their holdings using cryptocurrencies such as Bitcoin and alternative coins. Despite the fact that the cryptocurrency market has been falling since the beginning of the year, there are certain crypto assets that have a history of …
Continue reading “5 Smart Strategies to Help You Make Big Crypto Gains In 2022”
Hodlnaut said that it was not the subject of an investigation by the Singapore Police Force. It offered a summary of events in the judicial review case. The company paused withdrawals earlier this month and is facing a $193 million financial deficit. Crypto firm Hodlnaut has announced that it is not the subject of an …
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Founder of Telegram Pavel Durov teases creating a new marketplace to auction usernames. Durov’s idea seems to have been inspired by the TON DNS auction conducted by the open network earlier in July Pavel Durov, the founder of the instant messaging application Telegram has suggested a new idea that involves creating a marketplace to auction …
Decentralized exchanges (DEXs) are a core Web3 infrastructure with a proven use case. People will need a place to exchange tokens without intermediaries or centralized entities if they continue participating in the blockchain economy. However, comparing the dozens of platforms for sustainability and potential is more challenging than making a case for the technology as …
Continue reading “Using Share of Trade Volume (SOTV) to Assess DEXs”
A Twitter poll by node operator @cryptovium revealed that most Ethereum miners intend to mine Ergo after the Merge. “With the imminent #PoS $ETH merge, I’m curious what all the #miners out there are planning on moving their rigs to.“ The Ethereum Merge is imminent Recent estimates give September 19 as the date the Merge …
Continue reading “Most PoW miners intend to mine Ergo, not Ravencoin or Ethereum Classic post-Merge”
After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ primary reserve requirements. One expert has said President Nana Akufo-Addo must trim the size of …
