Nivesh Rustgi
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
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Articles by Nivesh Rustgi
Top Articles from Nivesh
Uniswap Alternatives
blog
Uniswap Alternatives
blog

Uniswap Alternatives: Which Decentralized Exchange Is Best For You

Nivesh Rustgi September 14, 2020

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 Vaults
blog
Yearn Vaults
blog

What Are Yearn Vaults And How To Invest In Vaults?

Nivesh Rustgi September 13, 2020

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 gemini buy the dip
Bitcoin News
bitcoin gemini buy the dip
Bitcoin News

Did Crypto Exchange, Gemini, Run Out of Bitcoins to Withdraw?

Nivesh Rustgi September 13, 2020

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

ethereum-image-coingape
Altcoin News
ethereum-image-coingape
Altcoin News

Binance CEO Hints at Increasing Ethereum Withdrawal Fees

Nivesh Rustgi September 3, 2020

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

DeFi
DeFi News
DeFi
DeFi News

Uniswap DeFi Platform is Set to Rule Over Centralized Exchanges

Nivesh Rustgi September 1, 2020

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
Altcoin News
ethereum
Altcoin News

Ethereum [ETH] Rides High on DeFi, Break-out of Yearly High in View

Nivesh Rustgi August 31, 2020

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

bitcoin gemini buy the dip
Bitcoin News
bitcoin gemini buy the dip
Bitcoin News

CME Bitcoin [BTC] Futures Sees Largest Drop in OI Since Launch: Report

Nivesh Rustgi August 30, 2020

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 token
Altcoin News
sushi token
Altcoin News

SUSHI DeFi Token Drops Over 99% as Top Holder Dumps on Uniswap

Nivesh Rustgi August 29, 2020

$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

uniswap pump dfi
Altcoin News
uniswap pump dfi
Altcoin News

Little Known DeFi Token OverTakes MakerDAO in MCap, Is YFI Next?

Nivesh Rustgi August 29, 2020

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

bitcoin mining in china
Bitcoin News
bitcoin mining in china
Bitcoin News

Bitcoin Mining Expert On the Impact of New Gov. Restrictions in China

Nivesh Rustgi August 28, 2020

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

Samson mow
Altcoin News
Samson mow
Altcoin News

‘Ethereum is Still Garbage’, Bitcoin Maximalist Refutes Hypocrisy Claims

Nivesh Rustgi August 26, 2020

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

sec sues ICOboc
Bitcoin News
sec sues ICOboc
Bitcoin News

Big Win for Bitcoin and Crypto as SEC Amends Definition of Accredited Investors

Nivesh Rustgi August 26, 2020

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

us bank charter stablecoin disruptor
Bitcoin News
us bank charter stablecoin disruptor
Bitcoin News

Tether Flips Bitcoin [BTC] as the Medium of Transfer with a Capital Flight to Stablecoins

Nivesh Rustgi August 25, 2020

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

Oil Crash Bitcoin BTC Gold USD
Bitcoin News
Oil Crash Bitcoin BTC Gold USD
Bitcoin News

Bitcoin [BTC] and Gold Drop with Positive Tidings in Global Trade

Nivesh Rustgi August 25, 2020

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.

vitalik buterin on ethereum scalability
Altcoin News
vitalik buterin on ethereum scalability
Altcoin News

Ethereum Co-Founder, Vitalik, Disagrees with Prolonging of High-Fees

Nivesh Rustgi August 24, 2020

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

whale
Bitcoin News
whale
Bitcoin News

On-Chain Bitcoin [BTC] Trends Suggest That Whales Are On A Stacking Spree

Nivesh Rustgi August 24, 2020

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

Ethereum ETH
Altcoin News
Ethereum ETH
Altcoin News

Top 20 Applications on Ethereum are DeFi Based. Fees Becoming a Barrier

Nivesh Rustgi August 23, 2020

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

Bitcoin BTC Bulls
Altcoin News
Bitcoin BTC Bulls
Altcoin News

Polkadot [DOT] Rises Over 30%, Rumors Around Coinbase Listing Adds Hope

Nivesh Rustgi August 23, 2020

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

Telegram All Set to Launch a multi-Billion Dollar ICO (TOM)
Altcoin News
Telegram All Set to Launch a multi-Billion Dollar ICO (TOM)
Altcoin News

Yearn Finance Joins the Billion Dollar DeFi Group with Four Others

Nivesh Rustgi August 21, 2020

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

bitcoin price
Bitcoin News
bitcoin price
Bitcoin News

Bitcoin [BTC] Futures Open Interest Reaches All-Time High Above $5 Billion

Nivesh Rustgi August 21, 2020

Bitcoin [BTC] futures Open Interest (OI) across leading derivatives platforms topped its ATH in February to a new high above $5 billion. Okex Exchange is leading the futures market with an OI of $1.11 billion followed by BitMEX at 0.97 billion. The spikes on institutional platforms like CME and Bakkt are particularly grabbing the attention

Bitcoin [BTC] futures Open Interest (OI) across leading derivatives platforms topped its ATH in February to a new high above $5 billion. Okex Exchange is leading the futures market with an OI of $1.11 billion followed by BitMEX at 0.97 billion. The spikes on institutional platforms like CME and Bakkt are particularly grabbing the attention