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A leading analytics platform says that one crucial metric is flashing a bullish signal for Bitcoin (BTC) and Ethereum (ETH).IntoTheBlock says the number of daily active addresses for both Bitcoin and Ethereum dropped off after surging above $60,000 for the first time in May 2021.The analytics firm now notes that the number of active addresses for BTC and ETH are stabilizing, indicating that more people are using the top two crypto today than before the previous bull run.“For Ethereum and Bitcoin, there was a clear drop off in daily addresses, after the May 2021 [high] for prices. The active addresses…
1Euro Coin (EUROC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has increased 0.04% to $1.05. InvestorsObserver is giving Euro Coin a 3 Volatility Rank. Find out what this means to you and get the rest of the rankings on Euro Coin! See Full Report Low Volatility InvestorsObserver gives Euro Coin a low volatility rank of 3, placing it in the bottom 3% of cryptos on the market. The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by…
by Jamie Redman On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s study indicates that bitcoin mining operations are flexible operations that can be beneficial to the Texas grid during the upcoming winter and extreme peak load times.The American organization that operates Texas’s electrical grid, ERCOT, has published a study that shows bitcoin mining operations are instrumental in direct response systems. The report’s researchers studied the installed generation capacity based on historical data and extreme peak load scenarios. The report indicates that bitcoin mining…
1Home » News » Industry NewsUndoubtedly, 2022 was a rather depressing year for the world of crypto and DeFi in general. Scams, hacks, rug pulls and other illicit activities have crippled the industry’s trust significantly. Market sentiment for cryptocurrencies has been significantly low compared to the previous two years. This has also hampered the progressions made by blockchain and DeFi protocols. As we are heading into the new year, it’s important to look at some of the key projections for the industry in 2023, and understand how the market might evolve or transform in the new year. Not everything has been grim…
1 by Lubomir Tassev Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in operations with tokens and smart contracts. The blockchain platform developed by Sber, Russia’s largest bank, will be technologically compatible with Ethereum, the world’s largest decentralized finance (defi) ecosystem. The financial institution made the announcement during an international meeting with members of the blockchain industry.During the event, organized by the Sber Blockchain Laboratory, the lender explained that the integration will allow…
1Stranded Palestinians in the Gaza Strip have reportedly shown an increasing appetite for cryptocurrencies.Numerous Palestinians in the blockaded enclave of Gaza have lost their lives due to the Israeli-Palestinian conflict, while others are on the edge of survival.The total destruction of the area has also negatively affected the local financial network. Trying to preserve their wealth and monetary independence from Israel, an increasing number of Gazans have turned to bitcoin and other digital currencies.The clash between the two nations, which started last century, is one of the most enduring global conflicts. The core of the problem is the fact that…
Home » Uniswap’s Fee Switch receives an on-chain vote Join Us on Google News In July 2022, Uniswap kept a proposal to start culminating fees on a small chunk of Uniswap liquidity pools. At the time of the proposal, Uniswap was foisting about a 0.3% fee for trading tokens on the platform. The offered fee switch, also known as the protocol charge, will transfer 0.25% of the 0.3% fee to LPs, and the left 0.05% will apparently go to UNI token holders. Follow-up votes for the DAO mentioned “temperature check” and “consensus check” were directly kept and the offer passed, but many…
Home » Stripe introduces fiat-to-crypto on-ramp Join Us on Google News The very famous path to on-ramp fiat-to-crypto at the present time is to buy cryptocurrencies by a centralized exchange. The centralized exchange such as Coinbase, Kraken, and the lately bankrupt FTX are some examples. To take a part in Defi, one then moves the cryptocurrency to a third-party wallet. As a vital payment processor for the very famous Web2 firms, like Apple and Walmart, the judgment of the company to move ahead in the crypto world at a time when centralized exchanges are under extreme scrutiny can aid Defi to become…