Markets

The EIP 1559 is a welcome move for Ethereum users that standardize the transaction fee across the network and reduces volatility. However, mining pools have placed a strong opposition to it.As per the latest development, July 2021 is the scheduled period when the Ethereum Improvement Protocol (EIP) 1559 will go live. As per Ethereum’s core developers’ call on Friday, March 5th, five other EIPs along with EIP 1559 are likely to join the London hard fork.The Ethereum fraternity has been eagerly...

Following a few days of price slides and choppy price action, bitcoin has bounced off from yesterday’s low and eyes $50,000 once again. The altcoins have also reacted positively, with Ethereum surging by 8% to nearly $1,600, as of writing these lines.Bitcoin Has $50K In Sight (Once Again)The BTC bulls didn’t seem to like the price action since Wednesday, when the situation seemed to be going in the cryptocurrency’s way as it reached as high as $52,500 just days after bottoming at $43K....

Edgecoinpay was designed after in-depth research into the end-user and the students’ perspective for the ease of use of the current payment system in the education arena.In a radical move that will change the infrastructure of the payment facility within the education payment system via blockchain technology forever.A team managed by L.A Investment Ltd and supported by Mr. Chandra, who is the director & shareholder of Global Universities have announced alongside many more universities the...

Who says that bitcoin and the stock market aren’t correlated? Following bitcoin’s meteoric rise beyond the $50,000 line a few days ago, it looks like several crypto-based stocks are potentially following in the asset’s footsteps and are now trading at new highs for the year. Crypto Stocks Have Been Firing on All Cylinders Bitcoin has been on a serious roll as of late. In fact, it can be said that the currency has been on a bullish run for almost a year now, having shot...

This week was tough across the board, not just in the cryptocurrency market. It was marked by a serious correlation between Bitcoin and the S&P 500, as well as the entire legacy market, in general.As CryptoPotato reported, the abovementioned correlation reached a 5-month high. While this seems to be bearish in the short term, given that the stock market slumped following government bond yield that gave the market a jolt, there’s also a bullish argument to be made.Last weekend, the US...

Virgin Galactic has had to postpone several space flights prompting SPCE stock investors’ lack of confidence.Virgin Galactic Holdings Inc (NYSE: SPCE) stock extended yesterday’s dip during Friday’s premarket and is still down after the market opened. According to market data provided by MarketWatch, SPCE stock closed Thursday trading at $30.30, down 5.4%. Meanwhile, they were down approximately 7.49% during Friday’s pre-market and are down 13% at the time of writing.The dip has been...

[Featured Content]Cryptocurrencies are growing in popularity as the market has entered a parabolic state, attracting more investors by the day.This is true for both retail and institutional participants as the interest from both is skyrocketing. As CryptoPotato reported earlier in February, “buy crypto” searches on Google have reached a new all-time high record and it continues to grow.With the above in mind, CoinLoan is a comprehensive platform that offers a variety of tools targeted at...

Yearn Finance (YFI) and Cover Protocol (COVER) announced today that the merger process between both, initiated last November, will come to an end. The breakup between both has resulted in a big hit for the price of COVER.Yearn Finance Breaks up With Cover ProtocolIn November 2020, Yearn Finance’s founder and arguably one of the most influential figures in the field of decentralized finance (DeFi) announced that they will join forces with the market coverage provider Cover Protocol.Today,...

The TimeCoinProtocol’s TMCN token sale is a well-structured one with an accompanying lock-up period.The TimeCoinProtocol, a blockchain-based decentralized sharing economy platform built atop the Ethereum blockchain is set to expand the reach of its native token with the ticker symbol, “TMCN,” by bringing it to the mainstream market. Per a press release shared with Coinspeaker, the project which brings to the crypto ecosystem unique functionalities and offerings particularly in the growing...

The Federal Reserve chairman acknowledged the surge in the US Treasury bond yields but didn’t suggest any action to keep the long-term yields under check.On Thursday, March 4, the US stock market remained under pressure with the Dow Jones Industrial Average closing 345 points down. DJIA (INDEXDJX: .DJI) ended the trading session 1.1% down closing at 30,924 levels. During the trading hours on Thursday, the blue-chip benchmark tanked 700 points. Not only Dow is losing points. The tech-heavy...