Ethereum miners’ revenue surges as monthly ETH transaction volumes surpass $24 billion September 8, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) tested the $12,000 mark but couldn’t break that level, seeing a subsequent correction down to the $10,150 mark where it currently stands. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week around $420 and moved up to $480 before BTC’s failure to break [...]
The Crypto circus is back in town! This year’s star attraction? DeFi (Part 2) September 8, 2020 When the gas escaped from the ICO bubble market in early 2018, speculators and developers scrambled to find a new way to generate the huge funds and rampant growth previously offered by now collapsed initial coin offerings. DeFi is just the latest in the line of new, and ultimately self defeating attempts to bring back [...]
Bitcoin slides to $10,000. Is the party over? September 8, 2020 In typical bitcoin-fashion, the number one crypto retained its commitment to spontaneity as the crypto market seemingly took a turn for the worst. However, given the macro-bull trend, could one reasonably expect a corrective move to be short-lived? Another bitcoin rug-pull Since the local high on the 17th of August, bitcoin experienced a level of [...]
Welcome to DeFI Kitchen – eating in or takeaway? September 7, 2020 What is on the menu? All dishes are very tasty and come fresh straight from the Farm. You will have to choose depending on your flavour – we have delicious PorkChop (CHOP), Spaghetti (PASTA) is still on our menu, unfortunately we had to dump our last HOTDOG and PIZZA. Alternatively, you can swap to Asian [...]
DeFi: Borrowing and Lending Crypto Deserves Scrutiny and Caution September 4, 2020 Crypto lending and borrowing in booming but the important questions are still the same: who are the lenders, and who are the borrowers? Why do they engage in these transactions? What forces shape the market, and how do the players involved react to those forces? The bigger story when it comes to crypto-backed crypto lending [...]
IMF Explains Crypto as Tether Surpasses Bitcoin and Paypal’s Daily Transfer Value September 1, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) started testing the $12,000 area once again, but moved back down below $11,200 during a correction. Since then, thanks to the Federal Reserve’s new attitude towards inflation, it has been moving up and is now trading at $11,600. Ether (ETH), the second-largest cryptocurrency by market [...]
The Crypto Circus is Back in Town! This Year’s Star Attraction? DeFi (Part 1) September 1, 2020 Roll up! Roll up! Step right up Ma’am! You too Sir, and yes, bring your kids!. The show is about to start. The most spectacular (crypspacular?) Razzle-Dazzle on the planet is just behind this curtain. Can’t you hear the crowds roar on social media? It’s our star attraction for this year. It promises access to [...]