Crypto news

The second stimulus check that allegedly got bitcoin moving in a northward direction hasn’t arrived yet. For many, the idea of a second stimulus check likely meant more bitcoin in their pockets, but according to bitcoin analyst of Quantum Economics Jason Deane, using stimulus money to buy more crypto could wind up being a rather disastrous decision.Deane: Stimulus Money Shouldn’t Be Used to Purchase CryptoNews of a second stimulus check has been meandering throughout the headline space over...

The Uniswap fork that got all the attention during the past week, Sushiswap, is moving forward with the migration of the liquidity locked in it.According to DeFi monitoring resource Zippo, there’s about $830 million locked in the protocol that will be migrated from Uniswap to Sushiswap. Spearheading the operation is the CEO of FTX.Liquidity Migrating Away from UniswapSushiswap is a fork of Uniswap with a twist – it adds a governance token, essentially turning it into a community-owned...

[PRESS RELEASE – Please Read Disclaimer]The long-awaited ability to exchange fiat for crypto using bank cards is now available on the KickEX exchange.Many Kick Ecosystem users used to have difficulties buying cryptocurrency via third-party services, so the KickEX team made it possible to buy digital assets for fiat with just a few clicks. Now it is convenient and simple, even for those who have never bought cryptocurrency and do not know even how to start.To trade on the exchange, you no...

Bitcoin and cryptocurrency exchange Kraken says that the drop in BTC’s volatility is not the end of the story. Historical observations suggest that after losing gains and remaining lifeless on the trading front, Bitcoin will galvanize into action soon, to end the year on an explosive note.Despite September Crash, Kraken Bitcoin Volatility Report Has Optimism Written All Over ItA few hours ago, cryptocurrency exchange heavyweight released its August 2020 Bitcoin volatility report. As per the...

[PRESS RELEASE – Please See Disclaimer]Decentralized finance activity continues to push related services to new records. This time, Uniswap became the first decentralized exchange protocol to exceed the 1 billion mark in 24 hours.According to the tracking portal CoinGecko, Uniswap is the third largest platform in terms of adjusted trading volume, including centralized ones, second only to Binance and OKEx.Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency...

Despite the short-term adverse price developments for Ethereum, ETH whales have continued to accumulate. Data from Santiment revealed that the top non-exchange whale addresses had increased their holdings by over 80% in August alone.ETH Whales Increased Their HoldingsSimilarly to the ICO boom in 2017, Ethereum’s popularity surged in 2020 as its blockchain serves as the underlying technology behind the hottest trend this year – DeFi.ETH reacted with a massive YTD increase. Ether is up by 170%...

An Ethereum Improvement Proposal (EIP) which seeks to radically restructure the Ethereum fee pricing mechanism is gaining traction among developers. Known as EIP-1599, the proposal floats the idea of increasing Ethereum’s gas limit, while setting an elastic base transaction fee which is burned automatically.This is expected to return ETH transaction fees to usable levels, after heavy congestion saw unwanted all-time highs recorded all throughout 2020.What Will EIP-1559 Change?Currently,...

Bitcoin has had a rough week of trading. Roughly about eight days ago, the cryptocurrency was hovering above $12,000, causing many to believe that the bull run will take it above the current yearly highs and push forward.The entire community was ecstatic, and there were little to no signs of bearish sentiment. As it’s commonly the case, however, things took a turn for the worst as peak euphoria usually leads to maximum pain, according to a popular cryptocurrency analyst.A Trading Lesson to...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 966. Im heutigen Video geht’s um folgende Themen: Mit Bitcoin in 15.000 Restaurants bezahlen, Japans junge Crypto Trader & Ist der DeFi Boom schon vorbei? 1.) Mit Bitcoin in 15.000 Restaurants bezahlenhttps://www.btc-echo.de/schlagzeilen/15-000-restaurants-akzeptieren-bitcoin-zahlungen/ 2.) Most New Customers at Japanese Exchange BitFlyer Are in Their 20shttps://www.coindesk.com/bitflyer-new-customers...

Without reiterating too much, this past week has been rather rough for bitcoin. The currency has lost about $2,000 and fallen from $12,000 all the way down to the low $10,000 position. To say that things are bearish for the coin would be something of an understatement.Labor Day Is Here, and That Could be Good for BitcoinAnd yet according to some analysts, this week is going to prove pivotal for the world’s number one cryptocurrency by market cap. This is Labor Day week, which just last month,...