Tether (USDT) Active Addresses Exceed 6M, 3M on ETH and 3M on TRON

USDT active addresses have exceeded 6 million Half the amount is on Ethereum with the other half on Tron Tether’s market cap has exceeded $48B and still dominating the stablecoin market worth $75.4 Billion Tether’s growth has been organic based on the growth of the crypto markets and DeFi The number of USDT active addresses …

Binance CEO: We Will Eventually Burn All Team Allocated BNB From ICO

The Binance team was allocated 40% of the BNB minted during the ICO back in 2017 The 80 million BNB is now worth $37 Billion CZ has clarified that all team allocated BNB from the ICO will be burned Binance Coin (BNB) dropped to a local low of $428 due to the crypto market crash …

Ethereum Reaches New All-time High as Berlin Hard Fork Goes Live

The latest update to the Ethereum network was released on April 15th around 10:07 UTC, implementing new proposals that boosted its cryptocurrency’s value to an all-time high of $2,544.30. The Berlin hard fork was scheduled to start once the network processed block #12,244,000, implementing 4 Ethereum Improvement Proposals (EIPs) designed to improve the efficacy of …

LINK Soars to All-time Highs on Launch of the Chainlink 2.0 Whitepaper

The team at Chainlink has launched the whitepaper to version 2.0 of the project The new whitepaper proposes hybrid smart contracts on Chainlink The digital asset of LINK has set a new all-time high of $44.1447 – Binance rate Chainlink 2.0 might signal a new phase of growth for LINK in the crypto markets The …

Bitcoin Could Be in the Greed Stage Based on High Leverage Being Used

Bitcoin’s market could have entered the ‘greed stage’ based on the high leverage being used by BTC traders The amount of leverage has increased since February The weekly Bitcoin chart is hinting of exhaustion and a top might not be too far away The Bitcoin market might have entered the ‘greed stage’. This is according …

USDT on TRON Exceeds USDT on Ethereum 729 Days After Launch

USDT issued on Tron (TRX) has eclipsed that issued on Ethereum The milestone was achieved 729 days after TRC20-USDT was launched Justin Sun marked the milestone through Twitter by thanking the Tron community TRX has had an impressive run in the markets but a pullback could be on the horizon The amount of Tether (USDT) …

Coinbase Closes Day 1 of Trading as the World’s Most Valuable Exchange

Coinbase (COIN) closed the first day of trading at a value of $328 Coinbase closed the first day of trading COIN as the most valuable exchange in the world Coinbase managed to eclipse the CME Group, the Hong Kong Exchanges and Clearing, and ICE The market cap of COIN has also exceeded that of Binance …

Coinbase Launches Ethereum 2.0 Staking Rewards Waitlist

As the development of the Etheruem 2.0 upgrade progresses, cryptocurrency exchange Coinbase has announced that investors can now join the waitlist to be first in line when new Ethereum staking features launch. One of the most prominent features of Ethereum 2.0 will be the transition to a proof of stake (POS) consensus mechanism, which will …

Ethereum Development Progresses: 2.0 Contract Now Holds Over 3M ETH

As the deployment of Ethereum 2.0 continues to develop, its deposit contract now holds over 3M ETH which will contribute to the security of the ecosystem. These deposits are worth over $5.4 billion for a contract that was launched just 4 months ago and secured the amount required by the Beacon Chain for its launch …

Why Staking Crypto such as TRX, KAVA and more is Gathering Steam

In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious.  The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading.  Staking crypto on the various exchanges has provided an alternative to trading and/or storing value in stablecoins.  The Bitcoin …

Why $7,050 is the Level to Watch During Bitcoin’s (BTC) Weekly Close

In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300.  At the same time, its trade volume has been dropping together with its dominance in the crypto markets.  In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on a slow and …

Amazon Adds Support for Ethereum on Amazon Managed Blockchain

Amazon Web Services (AWS), Amazon’s subsidiary in charge of cloud computing services, has announced that the Ethereum Network has now been integrated to allow users to provision Ethereum nodes and connect to the network in a matter of minutes. The service only supported Hyperledger in the past but will now also support not only Ethereum’s …

Chainlink Off-Chain Reporting (OCR) Goes Live: Boosts Efficiency of Network

The popular oracle network Chainlink announced the launch of Chainlink Off-Chain Reporting (OCR) on February 24th, which is a highly anticipated upgrade that has been months in the making. Chainlink claims that OCR will not only significantly improve the efficiency of the network’s data computing but it will also reduce costs by up to 90% …

Pylon.finance: Crypto Token Backed by Ethereum Mining Operation

Pylon.finance is a newly launched project that aims to create profits from Ethereum and the Decentralized Finance (DeFi) ecosystem, while providing an independent mining platform and token that is less influenced by the open market. Working towards that vision, Pylon.finance was announced in June 2020, introducing an efficient and competitive way of mining and yield …

Unstoppable Domains & Cloudflare: Allows Any Browser to Access Ethereum-Based Domains

Unstoppable Domains, a San Francisco-based startup focused on creating domains in blockchain, has announced that Cloudflare has enabled native resolution of .crypto domains. The platform allows people to use public blockchains to host websites, which are likely harder to take offline, as blockchain isn’t able to be easily censored. The integration will allow more than …

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