Ethereum has been one of the best-performing digital assets this year. The digital coin’s year-to-date gains are over 480% and despite its slight slide, its value is up by 65% over the last 30 days and 7.4% in the last 24 hours. The crypto coin market has now surpassed $2.5 trillion in total market cap as many digital coins continue to put up impressive performances this year. The total market cap of crypto assets over the last 48 hours has seen a rise of $228.13 billion and now stands at...
Read More »Uniswap Surpassed Bitcoin in Daily Revenue on 7-Day Average
As of the press moment, Uniswap has generated $7.1 million in fees over the past 24 hours. Meanwhile, Bitcoin’s 1-day fees reached $4.6 million. Both Uniswap and Bitcoin are remaining behind Ethereum the daily fees’ revenue of which has reached $117.2 million.For two days in a row, Bitcoin (BTC) has been superseded by Uniswap (UNI), the leading decentralized crypto exchange built on the Ethereum (ETH) blockchain. Uniswap beat Bitcoin in terms of the daily revenue that comes from fees.Hayden...
Read More »Balancer V2 is Live Promising Lower Fees and Improved Experience
The automatic market maker (AMM) running on top of Ethereum, Balancer, announced that Version 2 of its platform is already live. It promises lower gas costs, a redesigned interface, and an enhanced user experience. Balancer V2 Arrives Built on Ethereum, Balancer is a DeFi protocol enabling users to trade ether and ERC-20 tokens in a trustless, permissionless environment. By providing liquidity to a Balancer pool, they can also earn a portion of the trading fees paid to the...
Read More »Shield Finance Completes a $780K Round to Create a DeFi Insurance Aggregator
[PRESS RELEASE – Chiang Mai, Thailand, 11th May 2021] Shield Finance, a multi-chain DeFi insurance aggregator that will deploy across the Polkadot, Ethereum, Binance Smart Chain, and Solana blockchains announced today the completion of their private fundraising rounds, having successfully reached the hard cap amount of $780 000. Private Investors. Shield Finance’s potential combined with its seasoned team attracted immense support from industry innovators including Master...
Read More »Ethereum Price Analysis: ETH Trims Gains From $4,220, But Dips Limited
Ethereum price started a fresh rally above the $4,000 resistance against the US Dollar. ETH price is currently trading well above $3,500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,800 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it is likely to find bids near the $3,800 and $3,600 levels. Ethereum price extended its rally above the $4,000 level against the US Dollar....
Read More »Bitcoin Price Can Reach $250K in 5 Years: Morgan Creek Capital’s CEO
Morgan Creek Capital Management’s CEO believes Bitcoin’s price can skyrocket to $250,000 in the next five years. He opined that many investors underestimate and ignore the potential of the primary cryptocurrency. Bright Future for BTC Bitcoin saw some turbulent times in recent weeks after reaching an ATH of almost $65,000 in the middle of April. And while the current value of the digital assets has been struggling below $60K, Mark Yusko envisions a significantly more...
Read More »Data Agnostic Oracle Network ORAO Chooses TRON’s Blockchain Over Ethereum’s
The data-agnostic oracle network supporting multiple blockchains, ORAO, will launch its general data product on top of TRON. The two parties announced a partnership earlier, with ORAO claiming it chose TRON due to the significantly lower transaction costs compared to other networks. ORAO to Launch Products on TRON Described as a “blockchain agnostic oracle platform built to support any number of chains,” ORAO operates with protocols working on top of Polkadot, Ethereum,...
Read More »Metis Closes $4 Million Investment Round to Fund Its Layer 2 Solution Development
Ethereum layer-two protocol, Metis, announced that they’ve successfully closed $4 million in a brand new funding round. $4 Million of Funding for ETH Layer Two Solution Metis Metis is an Ethereum layer-two protocol. According to a press release shared with CryptoPotato, the company managed to raise another $4 million in a growth round that was led by the likes of Master Ventures, Oasis Capital, AU21, BMW Capital, Consensus Lab, Genblock Capital, M6, and so forth. This gives...
Read More »Huobi and OKEx Add Support for DFINITY’s ICP – Internet Computer Governance Token
In addition to announcing ICP support, OKEx also revealed that its new investment arm Blockdream Ventures would invest up to $10 million in the development of the Internet Computer ecosystem.Huobi Global Ltd and OKEx exchanges have announced the launch of ICP – the native crypto asset of the Internet Computer built by the DFINITY Foundation. On Huobi, ICP deposits will be available at 16:00 (UTC).Huobi x $ICP – The #InternetComputer is finally here!? Huobi announces the launch of $ICP...
Read More »Ethereum (ETH) Tops New All-Time High Above $4100 and $475 Billion Market Cap
Ethereum (ETH) continues its mega rally taking its year-to-gains at above 460%. As ETH Mega bull run continues, the demand for Ether derivative products increases. The world’s second-largest cryptocurrency Ethereum (ETH) has surged 5% further to a new all-time high above $4100. At press time, ETH is trading at a price of $4126 with a market cap of $478 billion. This makes Ethereum now the 19th most valuable asset in the world toppling giants like Walmart and Johnson & Johnson.At its...
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