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The Plan to Cut Ethereum Transaction Fees Gains Steam: Meet EIP-1599

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,...

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Peak Euphoria Usually Leads to Maximum Pain: Is This Why Bitcoin Lost Almost 20% In a Week?

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...

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#966 Bitcoin in 15.000 Restaurants, Japans junge Crypto Trader & DeFi Boom schon vorbei

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...

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Why This Labor Day Week Could Be Huge for Bitcoin

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,...

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FINMA: Sygnum gets regulatory clearance

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Using Sygnum’s digital asset trading facility, investors can broaden their investment opportunities and add diversification by trading previously non-accessible securities in a tokenized form, including equity, debt, and real estate. They also benefit from instant settlement via the Sygnum-issued digital CHF (DCHF), the flexibility of moving between...

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Would Regulating Bitcoin Like Stocks Be a Bad Idea?

One of the big problems that everyone seems to have with bitcoin and crypto is that they are not as regulated as other financial markets. For the most part, they are designed to be decentralized and give more monetary power to users, but without any regulation at all, things are bound to get out of hand.Bitcoin Regulation May Take On a Different FormNow, some are promoting the idea of bitcoin being regulated the way India regulates its stock market. The idea comes from Deepak Kapoor, a...

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What Is Yield Farming? DeFi’s Hottest Trend Explained

Yield farming is a popular topic in the DeFi space for some time now. We know you may have many questions regarding yield farming – What is it? Why is it generating so much buzz?Let’s start with a simple statistic. In 2020, the DeFi space is so far growing at a rate of 150% in terms of total value locked (TVL) in dollars. In comparison, the crypto market capitalization has so far grown at a rate of only 37%.Many experts give credit to yield farming for the astounding growth of the DeFi space...

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California Considers Universal Basic Income Via Cryptocurrency

The state of California has long played with the idea of leaving the union and becoming its own region. In other words, it would look to stand alone and sever any ties to the United States.California Looks to Become an “Island”Known as “Calexit” (similar with “Brexit” in the United Kingdom), the state of California would not be governed by U.S. federal regulators and look to potentially govern itself. One of the biggest steps in the movement to break California’s attachment to the American...

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MLM Ponzi Sheme: Diese Plattform kann Ethereum schaden

Laut dem chinesischen Krypto-Beobachter Dovey Wan gibt es ein neues Ponzi-Schema namens Foresage, das auf Ethereum aufbaut Laut dem chinesischen Krypto-Beobachter Dovey Wan gibt es ein neues Ponzi-Schema namens Foresage, das auf Ethereum aufbaut. Langfristig könnte dies dem Preis von Ethereum schaden. Wenn das Vertrauen in dieses System zerbricht, könnten Investoren ihre Ether...

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Cryptocurrency Lending Platform Cred Joins Visa’s Fast Track Program

The cryptocurrency-backed lending and borrowing platform, Cred, announced today that it had joined Visa’s Fast Track program. The company plans to leverage several Visa features to facilitate lending and borrowing of digital assets globally.Cred Joins Visa’s Fast Track ProgramThe San Francisco-headquartered company announced its latest milestone in a press release shared with CryptoPotato. According to it, upon joining Visa’s program, Cred will speed up the integration process with the giant...

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