For a while, many across the crypto industry thought Polygon had a chance of seizing the coveted title of “Ethereum killer.” However, a recent change to the network – and the way it was made – might just throw it off course. From 1 to 30 Around 12 October, Polygon Scan showed a sharp drop …
Polygon sees this turn of events as gas prices rise to 30 gwei Read More »
The explosive growth of DeFi assets was for all to witness back in Summer 2020, and the narrative is picking traction yet again. Back in 2020, Yearn Finance or YFI was leading the rally but now other assets are picking up popularity points as well. However, the trend might be shifting towards a collective exposure …
DeFi: Will the next rally see the rise of this DeFi-ETP? Read More »
Even after setting a new record high of $1,439 on Monday, the rally for Ethereum’s ether cryptocurrency may have only just begun, according to Fundstrat Global Advisors strategist David Grider. Basing his prediction partly on use cases for Ethereum’s blockchain technology, Grider wrote in a note Tuesday that ether has scope for a rally to …
Ether’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global Read More »
Decentralized finance (DeFi) started out by imitating the regular financial world, but the way its pieces can be mixed and matched has become so easy that new entrants are starting to get strange. Yearn Finance (YFI), YAM, Spaghetti, Based, whatever today’s variant is – the “Weird DeFi” cohort keeps growing. Yearn.Finance seems to have been …
Yearn, YAM and the Rise of Crypto’s ‘Weird DeFi’ Moment Read More »
On 22 June, the President of the United States, Donald J. Trump, hinted that the second round of stimulus payments could be on its way as the U.S economy continues to recover from the pandemic-induced crash. After 27 March’s historic $2.2 trillion stimulus bill, many expected the 2nd stimulus check to have a positive impact …
Bitcoin’s price ‘unlikely’ to rise following 2nd stimulus payments Read More »
Bitcoin‘s third halving, the most-anticipated event of the year, is finally done and dusted. With regard to the same, many analysts had predicted that the selling pressure from miners would drop and the selling pressure from the exchanges would increase. In a recently released podcast [just hours before the halving event], Willy Woo, an on-chain …
Bitcoin: Is the rise of unregulated crypto-exchanges affecting its growth? Read More »