Popular commission-free trading platform Robinhood, which allows users to buy a number of financial assets including equities, options contracts, and cryptocurrencies, has listed the popular smart contract platform Cardano ($ADA). The platform now supports a wide number of cryptocurrencies after first launching its offering back in 2018, with...
The Ethereum-based trading protocol dYdX has ended its short-lived campaign today. The decentralized exchange has cited the overwhelming demand for its $25 deposit bonus promotion, as the reason for the immediate closure of this promotional campaign. However, there are different theories that are believed to have compelled dYdX to take this decision.
A popular cryptocurrency analyst has suggested that Cardano ($ADA) could soon start outperforming the flagship cryptocurrency Bitcoin ($BTC) as traders start using the cryptocurrency to hedge against Ethereum’s transition from a Proof-of-Work (PoW) consensus algorithm to a Proof-of-Stake (PoS) one. According to the host of Coin Bureau, which...
Published 1 hour ago Ethereum price analysis remains sidelined and offers no excitement for investors. ETH faces strong rejection near the critical $1,600 mark as it forms a resistance zone. On digging further, the $1,600-$1,650 is a challenge for the bulls. ETH hovers near $1,550 with mild gains amid dropping volumes. The 24-hour trading volume stands at $17.42 with more than 26% losses, implying low volatility. Ethereum price trades in a minimal price range with no clear directional bias. A decisive close...
The Ethereum Merge is now just fifteen days ahead of us as per the scheduled date of September. This will transition the Ethereum network to a Proof-of-Stake blockchain making it more scalable and efficient. The world’s largest NFT marketplace OpenSea said that they will be solely supporting NFTs only on the upgraded Ethereum PoS chain. In its latest update, OpenSea noted: While we won’t speculate on potential forks–to the extent forked NFTs on ETHPoW exist–they won’t be supported or reflected on...
Aave [AAVE] is starting to attract attention in the crypto community after its recent exploits. Dubbed as the “Ghost Protocol,” Aave has been actively addressing community proposals recently in the wake of the Merge. Most recently, the Aave community is yet to decide about pausing Ethereum [ETH] borrowing until the Merge. The voting for the “Temporary Pause ETH Borrowing” proposal started on 30 August and will conclude on 2 September. The proposal is based on mitigating the risks of high utilization...
The Global crypto market remained turbulent as it went down the crucial $1 trillion cap level to end the month of August. Biggest digital assets like Bitcoin (BTC) and Ethereum (ETH) went down by 13% and 6% respectively over the past month.
The Euro-zone is facing a series of financial challenges, as the effects of the Russian war escalate further. Amidst the downfall of the global financial scene, the Euro is underperforming. In a recent highlight of events, latest reports suggest that the inflation rate in the 19 countries using the Euro surged to 9.1% in August, marking the highest recorded data in the history of the Euro.
On Wednesday (August 31), $BONE, the governance token of the Shiba Inu ecosystem, got listed on one more centralized exchange. Here is what Binance Academy says about Shiba Inu: “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese dog breed. It was created in 2020 by an anonymous...
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