Ethereum

'Crypto is exactly like dot com bubble; Bitcoin, Ethereum can survive it'

‘Crypto is exactly like dot com bubble; Bitcoin, Ethereum can survive it’

American television personality and entrepreneur, Mark Cuban thinks that the current Bitcoin market trend is similar to the dot com bubble burst caused by much speculation that inflated the stocks of internet companies.  Bitcoin had been on a rally and set a record for another ATH of over $40k. However, as experts predicted, an incoming …

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December was a record volume month for Ethereum options

December was a record volume month for Ethereum options

December of 2020 beat out the previous month’s all-time high for Ethereum options trading volume, according to data compiled by The Block. November generated $1.83 billion worth of options while December had $2.24 billion — a 22.4% increase.  Deribit had 83.4% of the Ethereum options trading volume. Next was OKEx with 13.9% of the volume, …

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Bitcoin SV, Maker, Ethereum Classic Price Analysis: 29 November

Bitcoin SV, Maker, Ethereum Classic Price Analysis: 29 November

Ethereum appeared to form a strong region of demand around the $500-zone, a bullish development for the crypto’s long-term outlook. In fact, ETH has been climbing steadily over the past few days, something that could be bullish for a part of the altcoin market. And yet, taken individually, some of these coins had a short-term …

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Blockchain Bites: Ethereum 2.0 Deposit Contract Fully Loaded, IRS Sends Befuddling Letters – Again

Blockchain Bites: Ethereum 2.0 Deposit Contract Fully Loaded, IRS Sends Befuddling Letters – Again

More than 500,000 ETH have been locked and loaded into Ethereum 2.0’s deposit contract, kick-starting the network’s major, multi-year development phase. JPMorgan analysts say institutions are piling into bitcoin. And the IRS has again sent out (possibly erroneous) letters to crypto traders indicating they owe taxes on unrealized gains.  Top shelf Taxman knockethThe Internal Revenue …

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Legitimate volume on spot crypto exchanges fell to $125.8 billion in October

Aggregated open interest on Bitcoin, Ethereum options hit all-time highs this weekend

The aggregated open interest on bitcoin options reached $4.53 billion on Nov. 22, having grown $1.13 billion since Nov. 15. That’s nearly a 25% increase in a week, according to data from The Block Research. In addition to Bitcoin, the aggregated open interest on Ethereum options reached $780.05 million. Ethereum option open interest jumped $221.09 …

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Binance launches Ethereum mining pool, with lower fees than rivals

Binance launches Ethereum mining pool, with lower fees than rivals

Crypto exchange Binance has launched an Ethereum mining pool, seven months after launching a Bitcoin mining pool. The expansion means Binance Pool users can now also mine ether (ETH), in addition to bitcoin (BTC). Binance will charge a 0.5% pool fee for ETH mining, half of what its competitors are charging. Ethermine and SparkPool, for …

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After deposit contracts, Ethereum 2.0 needs to avoid further delays

After deposit contracts, Ethereum 2.0 needs to avoid further delays

Ethereum 2.0 is finally undertaking fundamental strides in the developmental direction. Through months of anticipation, delayed launches, online spats with other proponents (i.e BTC maximalists), deposit contract for ETH 2.0 was finally deployed by the community. The immediate effect of the announcement was emphatic. Reports suggested that $1 million worth of ETH was locked in …

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Why DeFi is Fundamentally Strong

Why DeFi is Fundamentally Strong Despite Correction in Ethereum

Since the highs of August and September, top coins in the decentralized finance (DeFi) sphere have plunged dramatically. VirgoX market data indicates that coins such as Chainlink (LINK), Curve DAO Tok Since the highs of August and September, top coins in the decentralized finance (DeFi) sphere have plunged dramatically. VirgoX market data indicates that coins …

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