Crypto news

The leading decentralized exchange has recorded more volumes in August than it did in July.Uniswap saw more than $300 million in trading volume over the past 24 hours and $2.5 billion in the last seven days, according to data on Dune Analytics.Uniswap Spends The Most Gas FeeUniswap’s impressive volume is also putting smiles on Ethereum miners’ faces as they cash out more gas fees to process and verify transactions on the network.According to data on EthGasStation, transactions on Uniswap...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 958. Im heutigen Video geht’s um folgende Themen: Bitcoin auf 16k oder 9,6k & Wash-Trading-Verdacht: Razzia bei Bitcoin-Börse Coinbit 1.) Traders say Bitcoin now faces 2 main scenarios: $16K or $9.6K — Here’s whyhttps://cointelegraph.com/news/traders-say-bitcoin-now-faces-2-main-scenarios-16k-or-96k-heres-why 2.) Wash-Trading-Verdacht: Razzia bei Bitcoin-Börse...

Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at.Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap.Bitcoin Spikes And DropsAs CryptoPotato reported yesterday, the US Federal Reserve announced new plans to target inflation averaging 2% over time....

Centre Consortium members Circle and Coinbase have just launched an upgraded version of their popular USDC dollar-pegged stablecoin. Going live on August 27, USDC 2.0 aims to tackle high gas fees by allowing developers to delegate it to other wallets or take fees in USDC instead.Removing ETH From The PictureThe official announcement explained that most users need to keep a balance of Ether in their wallets to make transactions. It added that this resulted in unnecessary complexity:“This...

Bitcoin cash price started a major decline from well above the $300 level against the US Dollar.The price is currently trading well below the $280 level and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $272 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase if there is a clear break above the $272 and $275 levels.Bitcoin cash price is declining and it is trading in a bearish zone...

Money attracts money, and Barry Silbert, CEO of Digital Currency Group, knows it. His company has already established itself as one of the most influential corporations in the entire crypto ecosystem. Today, it announced a new venture that will expand its reach into a whole new frontier: the crypto mining industry.In a recently issued press release, DGC announced the creation of a new subsidiary focused on cryptocurrency mining. Foundry, a company quietly founded last year, has received $100...

Riot Blockchain has announced that it has signed a $17.7 million purchase with China’s Bitmain – the largest and most dominant crypto mining firm in the world – and that it will buy more than 8,000 next generation Antminer machines to extract new coins.Riot Blockchain Is Expanding Its HorizonsAccording to the terms of the purchase, Bitmain will deliver approximately 2,000 machines per month to Riot Blockchain beginning in January of next year and ending four months later in April. Riot is a...

Many people are seeing bitcoin as a potential hedge against inflation, but as of late, that sentiment is growing, largely because of Jerome Powell, head of the Fed.Bitcoin Could Potentially Surge in the Coming WeeksAs the U.S. Federal Reserve chairman, Powell will be speaking this week at the annual Jackson Hole conference in Wyoming. He’s expected to lay down the law and instill a new set of rules and regulations that will potentially bring inflation in the United States even higher. Among...

Bankkonto von Google anyone? Quelle: Cornerstone Advisors Google wird den Verbrauchern in Kürze Girokonten anbieten. Das Projekt wird voraussichtlich im nächsten Jahr mit Konten der Citigroup in Verbindung mit der Stanford Universität, gestartet. Und jetzt das spannende: Einer Umfrage von Cornerstone Advisors zufolge, würden 27% der befragten sofort ein Bankkonto bei Google...

Everyone is so worried about inflation as of late that we’re starting to resort to the old ways of keeping cash stuck between a mattress, only this time, it’s not cash that has been the object of everyone’s affection. Rather, everyone is looking to stock up on bitcoin and gold as much as they can.Gold and Bitcoin Are Getting AheadRichard Hodges of London says that he’s been preparing for moments like these for many years. He bought his first physical bar of gold in the year 2009 and has been...