Nivesh from Engineering Background is a full-time Crypto Analyst at Coingape. He is an atheist who believes in love and cultural diversity. He believes that Cryptocurrency is a necessity to deter corruption. He holds small amounts of cryptocurrencies. Faith and fear are two sides of the same coin. Follow him on Twitter at @nivishoes or mail him at nivesh(at)coingape.com
Uniswap’s UNI token has been in a downfall ever since its launch. The token which created tremendous hype in the space still faces a number of hindrances to make new all-time highs. Contents About Uniswap Uniswap’s UNI Token Launch UNI Price Comparison with other Governance Tokens UNI Price History UNI Price Prediction for 2020 UNI
Uniswap’s UNI token has been in a downfall ever since its launch. The token which created tremendous hype in the space still faces a number of hindrances to make new all-time highs. Contents About Uniswap Uniswap’s UNI Token Launch UNI Price Comparison with other Governance Tokens UNI Price History UNI Price Prediction for 2020 UNI
As Uniswap steals the DeFi swap protocols, there are Uniswap alternatives. These decentralized protocols are among the tools that are leading the DeFi revolution. You can simply refer to them as Best Unuswap alternatives. Concurrently, this makes your search for where to swap your tokens easier. Also, you are not limited to Uniswap. For instance,
As Uniswap steals the DeFi swap protocols, there are Uniswap alternatives. These decentralized protocols are among the tools that are leading the DeFi revolution. You can simply refer to them as Best Unuswap alternatives. Concurrently, this makes your search for where to swap your tokens easier. Also, you are not limited to Uniswap. For instance,
yEarn started as a yield aggregator for DeFi platforms. Built by Andre Cronje, it is now a leading DeFi platform with it’s USP shifting towards vaults and insurance offerings. Behind the scenes, Yearn Finance is a decentralized application built using Ethereum smart contracts. The contracts work closely with Curve.fi which is a liquidity pool for
yEarn started as a yield aggregator for DeFi platforms. Built by Andre Cronje, it is now a leading DeFi platform with it’s USP shifting towards vaults and insurance offerings. Behind the scenes, Yearn Finance is a decentralized application built using Ethereum smart contracts. The contracts work closely with Curve.fi which is a liquidity pool for
Bitcoin price dropped as low as $10,000 yesterday with the altcoins following the pursuit. The dip began on Wednesday when leading crypto exchanges like Bithumb, Binance and Coinbase experienced issues like police raids and congestion due to high network fees on Ethereum. Investors still holding bullish sentiments are looking for reversal signs to buy the
Bitcoin price dropped as low as $10,000 yesterday with the altcoins following the pursuit. The dip began on Wednesday when leading crypto exchanges like Bithumb, Binance and Coinbase experienced issues like police raids and congestion due to high network fees on Ethereum. Investors still holding bullish sentiments are looking for reversal signs to buy the
The increase is the gas fees for Ethereum is having a negative impact on the usability of the network. Binance CEO Changpeng Zhao mentions that the exchange is looking at a loss of $10-$20 per withdrawal. Zhao tweeted, The high ETH network gas fees is causing problems for most exchanges, running with $10-20 loss on
The increase is the gas fees for Ethereum is having a negative impact on the usability of the network. Binance CEO Changpeng Zhao mentions that the exchange is looking at a loss of $10-$20 per withdrawal. Zhao tweeted, The high ETH network gas fees is causing problems for most exchanges, running with $10-20 loss on
The DeFi search continues to rage as the total number of DeFi users has surpassed 400,000. The monthly volume on DEX has increased 60 times in August. Uniswap is the dominant platform accounting for 57% of users. The cumulative volume on DEXs in the last 30 days is more than $10 billion. Uniswaps’ weekly volume
The DeFi search continues to rage as the total number of DeFi users has surpassed 400,000. The monthly volume on DEX has increased 60 times in August. Uniswap is the dominant platform accounting for 57% of users. The cumulative volume on DEXs in the last 30 days is more than $10 billion. Uniswaps’ weekly volume
Ethereum [ETH] has moved towards its yearly highs, as the market sentiments are starting to turn back bullish. The recent pullback (last ween on Tuesday and Wednesday) saw swift recovery with a 7.6% rise yesterday. The price of Ethereum [ETH] on 14: 3o hours UTC on 31st August 2020 is $232. The volume-profile ratio indicator
Ethereum [ETH] has moved towards its yearly highs, as the market sentiments are starting to turn back bullish. The recent pullback (last ween on Tuesday and Wednesday) saw swift recovery with a 7.6% rise yesterday. The price of Ethereum [ETH] on 14: 3o hours UTC on 31st August 2020 is $232. The volume-profile ratio indicator
The futures monthly contract on CME saw the strongest declines in its history post-expiration on Friday. While the price of the monthly contract for August closed ($11,350) around the opening ($11,630) itself. The high and lows of the futures contract on CME were $12,625 and $11,115. Apparently, the massive short position closing towards the end
The futures monthly contract on CME saw the strongest declines in its history post-expiration on Friday. While the price of the monthly contract for August closed ($11,350) around the opening ($11,630) itself. The high and lows of the futures contract on CME were $12,625 and $11,115. Apparently, the massive short position closing towards the end
$SUSHI, the governance token for a Uniswap lookalike drops over 99% in minutes as the top token holder dumps on the market. The price of SUSHI fell from over $170 to $1.07 in no time. The launch of the platform was as recent as the 26th of August. Hsaka, a prominent crypto trader tweeted, Top
$SUSHI, the governance token for a Uniswap lookalike drops over 99% in minutes as the top token holder dumps on the market. The price of SUSHI fell from over $170 to $1.07 in no time. The launch of the platform was as recent as the 26th of August. Hsaka, a prominent crypto trader tweeted, Top
UMA, a platform for creating synthetic financial contracts is quickly rising up the ranks as it’s governance token takes on MakerDAO (a leader before May) in market capitalization. A close second to MakerDAO is yearn.finance’s $YFI token; which is only short $4 million in total market capitalization compared to MakerDAO. UMA enables synthetic derivative contracts
UMA, a platform for creating synthetic financial contracts is quickly rising up the ranks as it’s governance token takes on MakerDAO (a leader before May) in market capitalization. A close second to MakerDAO is yearn.finance’s $YFI token; which is only short $4 million in total market capitalization compared to MakerDAO. UMA enables synthetic derivative contracts
Reportedly, about 21 mining farms running a 2000 MW mining unit in the Inner Mongolian region in China are getting affected by restrictions from the local government. We interviewed with Thomas Heller, a mining expert formally the Global Business Director at F2Pool, now working with HASHR8, to study the effect of the clampdown on the
Reportedly, about 21 mining farms running a 2000 MW mining unit in the Inner Mongolian region in China are getting affected by restrictions from the local government. We interviewed with Thomas Heller, a mining expert formally the Global Business Director at F2Pool, now working with HASHR8, to study the effect of the clampdown on the
Many Bitcoin Maxis were once again caught in an old debate involving the issuance of INX security tokens on Ethereum. It reignited on 24th August as the SEC granted effectiveness for the sale of INX Security Tokens. According to the press release, … initial public offering (the “Offering”) of up to 130 million INX Security
Many Bitcoin Maxis were once again caught in an old debate involving the issuance of INX security tokens on Ethereum. It reignited on 24th August as the SEC granted effectiveness for the sale of INX Security Tokens. According to the press release, … initial public offering (the “Offering”) of up to 130 million INX Security
The SEC announces amendment to the Securities Law w.r.t. to the definition of “accredited and institutional investor.” The U.S. Governmental agency is looking to recognize the knowledge and expertise of individuals to freely participate in the financial markets. The new definition seeks to provide favourable treatment for “qualified and knowledgable” individuals in addition to the
The SEC announces amendment to the Securities Law w.r.t. to the definition of “accredited and institutional investor.” The U.S. Governmental agency is looking to recognize the knowledge and expertise of individuals to freely participate in the financial markets. The new definition seeks to provide favourable treatment for “qualified and knowledgable” individuals in addition to the
After Ethereum’s rising fees due to DeFi boom, now Tether surpasses the 7-day average adjusted transfer value on Bitcoin. Another report by Chainalysis on the east Asian markets shows considerable institutional interest in cryptocurrencies. As reported earlier on CoinGape, stablecoins and Ethereum have come at par with (even surpassed) Bitcoin [BTC] in terms of volume of
After Ethereum’s rising fees due to DeFi boom, now Tether surpasses the 7-day average adjusted transfer value on Bitcoin. Another report by Chainalysis on the east Asian markets shows considerable institutional interest in cryptocurrencies. As reported earlier on CoinGape, stablecoins and Ethereum have come at par with (even surpassed) Bitcoin [BTC] in terms of volume of
Two recent announcements from the U.S. government on the improvement of trade with the European Union and its economic rival, China, are faring well for the stocks market. However, it seems to be causing a downturn in Gold and Bitcoin. Worries around inflation are also not bading well for the ‘safe haven’ assets. The U.S.
Two recent announcements from the U.S. government on the improvement of trade with the European Union and its economic rival, China, are faring well for the stocks market. However, it seems to be causing a downturn in Gold and Bitcoin. Worries around inflation are also not bading well for the ‘safe haven’ assets. The U.S.
The primary view of the markets suggests an evolution of Ethereum as an exclusive layer for financial settlements. However, Vitalik Buterin doesn’t agree with the narration and sticks to the ‘world computer’ idea. As reported yesterday on CoinGape, the top applications on Ethereum are all DeFi-based. Today, leading crypto analyst and partner at Castle Island
The primary view of the markets suggests an evolution of Ethereum as an exclusive layer for financial settlements. However, Vitalik Buterin doesn’t agree with the narration and sticks to the ‘world computer’ idea. As reported yesterday on CoinGape, the top applications on Ethereum are all DeFi-based. Today, leading crypto analyst and partner at Castle Island
Data suggests that Bitcoin [BTC] hodlers are exhibiting strong hands as the post halving bull market continues to rage. Both institutional and retail investment, on-chain, is at an ATH, looking to ‘stack sats.’ Store of Value The velocity of ‘money’ is a measurement of the rate of exchange of the ‘currency’ in the market. High
Data suggests that Bitcoin [BTC] hodlers are exhibiting strong hands as the post halving bull market continues to rage. Both institutional and retail investment, on-chain, is at an ATH, looking to ‘stack sats.’ Store of Value The velocity of ‘money’ is a measurement of the rate of exchange of the ‘currency’ in the market. High
A look at the top 30 dApps on Ethereum confirms that all but one decentralized applications (dApps) are finance based. The high GAS fee is acting as barriers to entry and growth for other applications such as games, service management, NFTs and so on. Ethereum Fees Dilemma The average fees on Ethereum is currently at
A look at the top 30 dApps on Ethereum confirms that all but one decentralized applications (dApps) are finance based. The high GAS fee is acting as barriers to entry and growth for other applications such as games, service management, NFTs and so on. Ethereum Fees Dilemma The average fees on Ethereum is currently at
After the enactment of the supply re-denomination, the total supply of $DOT has been scaled to 1 billion. With the supply denomination, the developers have also given up sudo user to assure complete decentralization of Polkadot. The price of $DOT at 13: 30 hours UTC on 22nd August is $3.88 on Binance; it is trading
After the enactment of the supply re-denomination, the total supply of $DOT has been scaled to 1 billion. With the supply denomination, the developers have also given up sudo user to assure complete decentralization of Polkadot. The price of $DOT at 13: 30 hours UTC on 22nd August is $3.88 on Binance; it is trading
Yearn.finance joins the billion-dollar club w.r.t. Total Value Locked (TVL). It becomes the fifth project along with Aave, Maker, Curve, and Compound with a TVL greater than $1 billion. Three of the top DeFi projects are based on a loaning platform, whereas Curve is a DEX pool specifically designed for stablecoins. Yearn.finance works as an
Yearn.finance joins the billion-dollar club w.r.t. Total Value Locked (TVL). It becomes the fifth project along with Aave, Maker, Curve, and Compound with a TVL greater than $1 billion. Three of the top DeFi projects are based on a loaning platform, whereas Curve is a DEX pool specifically designed for stablecoins. Yearn.finance works as an
