Bitcoin Price Breaks $48,000 Setting New All-Time High
Bitcoin Price Breaks $48,000 Setting New All-Time High Bitcoin Price Breaks $48,000 Setting New All-Time High Bitcoin has painted yet another record, breaking the previous all-time high and setting a new one at around $48,480. This comes right after Mastercard announced they would potentially integrate cryptocurrencies in their network and the US oldest bank, BnY Mellon, revealing they would hold, transfer, and issue BTC and other cryptocurrencies on behalf of their asset-management clients. Bitcoin’s price just painted a fresh all-time high, surpassing the previous record. At the time of this writing, the ATH sits at $48.481 on Bitstamp. Did you miss our previous article…
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Bitcoin Price Breaks $48,000 Setting New All-Time High Bitcoin Price Breaks $48,000 Setting New All-Time High was originally published here https://newsarrivals.wordpress.com/2021/02/12/bitcoin-price-breaks-48000-setting-new-all-time-high/ Bitcoin Price Breaks $48,000 Setting New All-Time High was originally published here https://virginiacrenshaw.blogspot.com/2021/02/bitcoin-price-breaks-48000-setting-new.html
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Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up
Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up Ethereum has been facing extreme network congestion once again, which has been made worse by the cryptocurrency’s rapidly increasing price. At one point over the past week, it cost over $100 to trade on Uniswap, which caused even larger players—some that you could call “whales”—to lament about the extremely high transaction fees. This has caused a strong narrative shift to “alternatives” to Ethereum that can also support DeFi applications. Of course, there may be trade-offs regarding centralization and the usability of these other networks, though many seem to be willing to leave Ethereum, for now, to trade on other networks. Ethereum “alternatives” gain traction amid congestionEthereum alternatives are gaining traction amid this market congestion. Coins such as Avalanche’s AVAX, Binance Coin’s BNB, and others, which all act as payment mechanisms for transactions on other DeFi-focused blockchains, have begun to surge by literally dozens of percent over the past 72 hours as Ethereum has become congested once again. According to CryptoSlate market data, AVAX is up 250 percent in the past seven days while Binance Coin has gained over 140 percent. Also, the native coins of networks like Cardano, Qtum, Icon, and more have surged by over 80 percent as life is breathed back into these alternative blockchains that were dubbed Ethereum killers back in 2017. Incoming solutionsMany argue that there are solutions that can allow Ethereum to maintain its dominance but to process more transactions and at a lower cost. The first discussion has been to increase the block size of Ethereum blocks. Nikita Zhavoronkov from BlockChair recently suggested that the Ethereum gas limit, which determines the block size, should be increased to 15 to 20 million from 12.5 million. That would mark an increase of 20 to 60 percent, which is quite a large range. This would allow for a large increase in transactions. The exact numbers are unclear, as it depends on how much gas a transaction takes up. Zhavoronkov says that this is feasible because the “uncle rate,” which is sometimes used to determine the health of mining, is low. He believes that adding this capacity won’t threaten the security of the network. It’s time to raise the #Ethereum? gas limit from 12.5M to at least 15-20M. It’s safe to do this because the uncle rate is at its minimum. It’s not safe to fail to scale or introduce unpredictable fees, as seen with #Bitcoin, this pushes users to other blockchains. pic.twitter.com/rrsjGAgdLH — Nikita Zhavoronkov (@nikzh) February 4, 2021 Many have actually pushed back against Zhavoronkov’s comments because they say that he isn’t properly assessing the potential risk of what adding more block size would do to the network. Namely, there have been discussions around how an increase to the gas limit will result in a large increase in the “state size” of the Ethereum network, potentially causing increased latency or stress put on nodes, and as a result, more centralization. Positively, though, there has been good progress made on the front of layer-two scaling solutions such as Optimistic Ethereum, which projects like Synthetix, Uniswap, and Rari Capital are dabbling with right now. Disclaimer: This author is an analyst at ParaFi Capital. ParaFi Capital may hold positions in assets mentioned in this article. The views displayed in this article are opinions of the author—and the author only. The post Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up appeared first on CryptoSlate. Title: Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up Did you miss our previous article…
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up was originally published here https://newsarrivals.wordpress.com/2021/02/12/other-defi-focused-networks-are-surging-as-ethereum-congestion-narrative-spurs-up/ Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up was originally published here https://virginiacrenshaw.blogspot.com/2021/02/other-defi-focused-networks-are-surging.html
One of the world’s biggest NFT marketplaces will soon begin minting on Tezos (XTZ)
One of the world’s biggest NFT marketplaces will soon begin minting on Tezos (XTZ) One of the world’s biggest NFT marketplaces will soon begin minting on Tezos (XTZ) Prelude – OpenSea, a platform with the highest monthly volume in the NFT industry is going to be adding Tezos-based NFTs to their ecosystem. Tezos becomes the second blockchain to join the OpenSea ecosystem. What is OpenSea?OpenSea is an NFT marketplace with the highest monthly volume in the industry. So far, it only supported Ethereum-based NFT’s, but that’s about to change. OpenSea has just announced it will enable Tezos-based FA2 NFTs on their platform. This means that NFT’s minted on Tezos will be able to be stored, viewed, and traded on OpenSea. Currently, you can mint NFT’s on the Tezos-based minting platform OpenMinter. Another option to mint NFT’s on Tezos is through Hicetnunc (video tutorial here). A third option called Kalamint, will go live the 18th of this month. Kalamint is a full NFT platform for minting and trading NFT’s. A bridge that enables you to move your Ethereum NFT’s to Tezos will also be launched soon by BenderLabs. You should check out @BenderLabs_ , they are launching their Ethereum to Tezos bridge very soon with 20 assets. In addition, they will be implementing ethereum NFTs as well. — Tezos Commons (@TezosCommons) February 8, 2021 Why mint on Tezos?Tezos’ transaction fees are on average over 3,000 times cheaper than on Ethereum. So minting on Tezos is a great step forward for anyone who wants to mint quality NFT’s in an affordable way. Minting an NFT on Ethereum can cost as much as $20-$50, however with Hicetnunc on Tezos for example the cost is closer to $0.019, a 2361x reduction on the $50 price. Then you have transfer fees for the NFTs; currently, on Tezos, the transfer price for an NFT is around $0.01 on Hicetnunc. This makes the cross transfers well worth the effort, especially on high fee days that are more and more common lately. Last week the difference was even more astounding: transactions on Tezos were a staggering 20,000 times cheaper. Today, with average transaction costs of $17.43 on #Ethereum, it’s time to do the math again: #Tezos is $17.43 : $0.00088 = 19,806 times cheaper then #ETH — Allen Walters (@IgnoranceIt) January 5, 2021 Fully functional PoS (Proof of Stake) also means that Tezos’ carbon footprint is a lot lower than Ethereum’s, with a fraction of the energy requirement of PoW (Proof of Work). In a recent analysis on the energy an average NFT on Ethereum uses, it was found that a single Ethereum NFT’s total footprint was: …equivalent to a EU resident’s total electric power consumption for more than a month, with emissions equivalent to driving for 1000Km, or flying for 2 hours. Now there is an option to mint and transfer NFTs in a much more energy-efficient way, with no miners involved. Now that Tezos is also connected to the largest NFT ecosystem by transactions it makes even more sense. OpenSea has a bright outlook for TezosTezos has important qualities that can be similarly valued by Ethereum’s standards. High decentralization and thus safe, secure and trustless. Tezos combines that quality with fast transactions and a high TPS (~121). OpenSea commented: “We also find Tezos attractive because of its under-the-radar growth in developer activity. Tezos development teams are rapidly advancing Tezos with network upgrades every three months. This upgrade cadence is possible because Tezos significantly lowers the coordination costs of executing network upgrades in a decentralized manner at scale”. This post originally appeared on XTZ.news. The post One of the world’s biggest NFT marketplaces will soon begin minting on Tezos (XTZ) appeared first on CryptoSlate. Title: One of the world’s biggest NFT marketplaces will soon begin minting on Tezos (XTZ) Did you miss our previous article…
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together One of the world’s biggest NFT marketplaces will soon begin minting on Tezos (XTZ) One of the world’s biggest NFT marketplaces will soon begin minting on Tezos (XTZ) was originally published here https://newsarrivals.wordpress.com/2021/02/12/one-of-the-worlds-biggest-nft-marketplaces-will-soon-begin-minting-on-tezos-xtz/ One of the world’s biggest NFT marketplaces will soon begin minting on Tezos (XTZ) was originally published here https://virginiacrenshaw.blogspot.com/2021/02/one-of-worlds-biggest-nft-marketplaces.html
Kraken launches venture unit to invest in crypto and fintech startups
Kraken launches venture unit to invest in crypto and fintech startups Kraken launches venture unit to invest in crypto and fintech startups
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Kraken launches venture unit to invest in crypto and fintech startups Kraken launches venture unit to invest in crypto and fintech startups was originally published here https://newsarrivals.wordpress.com/2021/02/12/kraken-launches-venture-unit-to-invest-in-crypto-and-fintech-startups/ Kraken launches venture unit to invest in crypto and fintech startups was originally published here https://virginiacrenshaw.blogspot.com/2021/02/kraken-launches-venture-unit-to-invest.html
Cryptoverse and the Beauty of Mathematics: Interview with Analyst Benjamin Cowen
Cryptoverse and the Beauty of Mathematics: Interview with Analyst Benjamin Cowen Cryptoverse and the Beauty of Mathematics: Interview with Analyst Benjamin Cowen
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Cryptoverse and the Beauty of Mathematics: Interview with Analyst Benjamin Cowen Cryptoverse and the Beauty of Mathematics: Interview with Analyst Benjamin Cowen was originally published here https://newsarrivals.wordpress.com/2021/02/12/cryptoverse-and-the-beauty-of-mathematics-interview-with-analyst-benjamin-cowen/ Cryptoverse and the Beauty of Mathematics: Interview with Analyst Benjamin Cowen was originally published here https://virginiacrenshaw.blogspot.com/2021/02/cryptoverse-and-beauty-of-mathematics.html
LATAM crypto exchange Bitso acquires Quedex trading platform
LATAM crypto exchange Bitso acquires Quedex trading platform LATAM crypto exchange Bitso acquires Quedex trading platform CryptoNinjas » LATAM crypto exchange Bitso acquires Quedex trading platform Bitso, a Latin American-based crypto exchange company, today announced that it has acquired Quedex, a regulated, Europe-based crypto derivatives trading platform. This acquisition will integrate Quedex’s team and trading technology, as Bitso continues to expand throughout Latin America and globally. “We’re thrilled to announce the addition of the Quedex team and technology to Bitso,” said Daniel Vogel, CEO, and Co-Founder of Bitso. “We plan to continue expanding our product offering for all our users who use crypto in their daily lives. This acquisition is a testament to our commitment to continue to grow and to our mission of making crypto useful for everyone.” Founded in 2016 and headquartered in Gibraltar, Quedex is known for its high-performance, low-latency, and high-throughput trading engine built using cutting edge technology, which supports leveraged trading in cryptocurrency futures and options. Additional trading features include portfolio margining and a Liquidator Risk Transfer risk management system compliant with regulatory standards. Notably, Quedex was the first cryptocurrency derivatives company to be regulated in Gibraltar under the GFSC DLT license: the same framework that regulates Bitso. Quedex’s board of directors has stepped down and a new board was appointed. Quedex’s technology was built by an in-house expert team of software engineers and quants. The whole team has joined Bitso and will continue supporting the development of its trading technologies. “We’re excited to join the Bitso team to bring our tech to Latin America,” said Wiktor Gromniak, former CEO of Quedex and incoming Head of Trading Engine at Bitso Alpha. “Bitso and Quedex are united in our missions to make crypto useful. Bitso has done an excellent job of doing that, both for the mass market and for professional traders. This is a mutually beneficial development for both of our companies’ users.” Wojtek Kostrzewa, Quedex’s previous Chairman emphasized that “all co-founders at Quedex have decided to take equity positions in Bitso and intend to support its further development.” 2020 marked a year of significant progress for Bitso, as it expanded into several major Latin American markets and crossed the one million user landmark. In February 2020, Bitso launched its services in Argentina, capturing nearly 80 percent market share by the end of the year. In December, the company announced a $62 million Series B round led by distinguished investment firms Kaszek Ventures and QED Investors — both firms’ first investment in the crypto space. Bitso plans to use these funds to grow its presence in Brazil, the newest market for the company. CryptoNinjas » LATAM crypto exchange Bitso acquires Quedex trading platform Title: LATAM crypto exchange Bitso acquires Quedex trading platform
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together LATAM crypto exchange Bitso acquires Quedex trading platform LATAM crypto exchange Bitso acquires Quedex trading platform was originally published here https://newsarrivals.wordpress.com/2021/02/11/latam-crypto-exchange-bitso-acquires-quedex-trading-platform/ LATAM crypto exchange Bitso acquires Quedex trading platform was originally published here https://virginiacrenshaw.blogspot.com/2021/02/latam-crypto-exchange-bitso-acquires.html
Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH
Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH CryptoNinjas » Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH THORchain, a decentralized liquidity network, has announced its multichain exchange testnet is now live at https://testnet.asgard.exchange. Agard.Exchange is the primary interface for the multichain testnet until the Asgard desktop client is released later this week. Asgard Exchange is a community built entry point to THORChain and supports BTC and BNB chains, plus native RUNE. The other chains will be supported soon. Next MilestonesRelease ASGARDEX desktop client (this week)Asgard.Exchange support for ETH, LTC, BCH, and others (1–2 weeks)Asgard.Exchange community reskin (1–2 weeks)Multichain support on community products including: runestake, runedata, runebalance, etc. (ensuing weeks) What To TestWallet functionality worksPools are shown correctlySwaps are processedAdding & withdrawing liquidity is processedSend functionality worksPrices are calculated correctlySlippage is correct & price protection works Issue HandlingIssues are expected during public testnet. Prior to submitting any issues, search the @thorchain_org Telegram chat using the hashtag #issue to see if anyone else has logged that issue. Testers can submit an issue by filing it on the following GitHub repo: https://github.com/asgardex/asgard-exchange/issues. CryptoNinjas » Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH Title: Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH Did you miss our previous article…
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH was originally published here https://newsarrivals.wordpress.com/2021/02/11/testnet-for-thorchain-decentralized-exchange-goes-live-to-support-btc-bch-ltc-bnb-eth/ Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH was originally published here https://virginiacrenshaw.blogspot.com/2021/02/testnet-for-thorchain-decentralized.html
Crypto payment gateway COINQVEST gets EU provider license
Crypto payment gateway COINQVEST gets EU provider license Crypto payment gateway COINQVEST gets EU provider license CryptoNinjas » Crypto payment gateway COINQVEST gets EU provider license COINQVEST, a cryptocurrency payment gateway, and API solution, today announced the approval of its application for the European Union Virtual Currency Service Provider License from the Estonian Government. In addition to its current suite of online payment services, this allows COINQVEST to operate compliantly and provide custodial wallet solutions to clients as well as offer cryptocurrency and fiat exchange or cross-border remittance. “It has always been one of our goals to provide compliant cryptocurrency payment processing in order to increase transparency and trust in blockchain-based payments in general, and our solution in particular. Obtaining a crypto license is a major cornerstone in the organizational development of COINQVEST and will help us build new business relationships faster.” COINQVEST offers an online cryptocurrency payment processor service for merchants looking to accept cryptocurrency payments. The product converts sales in cryptocurrencies such as bitcoin to a fiat currency stablecoin; then is transferrable to a non-custodial crypto wallet or exchanged and deposited to a bank account. With this license, COINQVEST can now also provide secure and convenient custodial wallets for merchants, complying with mandatory regulations as well as AML/KYC standards. The COINQVEST platform is built on the Stellar Network, a leading blockchain in the market. Many companies, looking for solutions to bridge the gap between traditional and modern financial tools, choose Stellar as a foundation. Its transaction speed, native decentralized exchange (DEX), and secure protocols make it the ideal ecosystem for COINQVEST’s financial service. CryptoNinjas » Crypto payment gateway COINQVEST gets EU provider license Title: Crypto payment gateway COINQVEST gets EU provider license
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Crypto payment gateway COINQVEST gets EU provider license Crypto payment gateway COINQVEST gets EU provider license was originally published here https://newsarrivals.wordpress.com/2021/02/11/crypto-payment-gateway-coinqvest-gets-eu-provider-license/ Crypto payment gateway COINQVEST gets EU provider license was originally published here https://virginiacrenshaw.blogspot.com/2021/02/crypto-payment-gateway-coinqvest-gets.html
Crypto exchange CoinTiger launches inverse perpetual contracts
Crypto exchange CoinTiger launches inverse perpetual contracts Crypto exchange CoinTiger launches inverse perpetual contracts CryptoNinjas » Crypto exchange CoinTiger launches inverse perpetual contracts CoinTiger, a bitcoin/crypto exchange company, has announced the launch of inverse perpetual contracts, in order to bring a better trading experience for users. A coin-margined contract on CoinTiger is also called an inverse contract, and is settled in BTC, ETH, etc. CoinTiger coin-margined perpetual contracts support 1–100x leverage; which is freely adjustable. To start off, CoinTiger first launched coin-margined contracts for BTC, ETH, DOT, LINK, LTC, DOGE, and other popular cryptocurrencies. The coin-margined perpetual contract trading service will only be opened for some users at the initial launch stage. Those interested can apply to use the service on this form. The CoinTiget team will then review it and the service will be opened in 24 hours if a review is passed. CryptoNinjas » Crypto exchange CoinTiger launches inverse perpetual contracts Title: Crypto exchange CoinTiger launches inverse perpetual contracts
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Crypto exchange CoinTiger launches inverse perpetual contracts Crypto exchange CoinTiger launches inverse perpetual contracts was originally published here https://newsarrivals.wordpress.com/2021/02/11/crypto-exchange-cointiger-launches-inverse-perpetual-contracts/ Crypto exchange CoinTiger launches inverse perpetual contracts was originally published here https://virginiacrenshaw.blogspot.com/2021/02/crypto-exchange-cointiger-launches.html
Bitcoin (BTC) Whales “Bought the Dip,” Glassnode Data Says
Bitcoin (BTC) Whales “Bought the Dip,” Glassnode Data Says Bitcoin (BTC) Whales “Bought the Dip,” Glassnode Data Says
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Bitcoin (BTC) Whales “Bought the Dip,” Glassnode Data Says Bitcoin (BTC) Whales “Bought the Dip,” Glassnode Data Says was originally published here https://newsarrivals.wordpress.com/2021/02/11/bitcoin-btc-whales-bought-the-dip-glassnode-data-says/ Bitcoin (BTC) Whales “Bought the Dip,” Glassnode Data Says was originally published here https://virginiacrenshaw.blogspot.com/2021/02/bitcoin-btc-whales-bought-dip-glassnode.html |
Virginia Crenshaw
I am known as Virginia Crenshaw, I am a writer and an industrialist by profession. My age is 31 years. My aim is to gather the attention of the targeted audience without being boring and unexciting. I like to utilize the free time in writing my views and thoughts for my book lovers or readers. My most preferred articles are usually about consumer Goods and business; however, I have written various topics in my articles. I do not have a specific genre. I get very creative when I have to express myself, I often sing, write or draw to portray my feelings. When it comes to my free time or you can say ‘ME-TIME’, I love to play with my cat, sleep an extra hour, or play my favorite video games. ArchivesNo Archives Categories |