On-Chain Ethereum Trends Favor Bulls Despite 5% Drop From Local Highs

Santiment, a blockchain analytics firm, recently shared that Ethereum’s NVT is still “bullish” The NVT is the network value to transaction ratio, which is seen as a price-to-earnings ratio for blockchain networks. дальше »

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Bitcoin Miners Slow Down as Hash Rate Drops 26% But Miner Revenue Spikes

Over the weekend, the Bitcoin network's hash rate hit an all-time high as it has repeatedly been doing since the May halving when it dropped about 40%. During this time, the monthly miner revenue jumped from about $280 million (subsidy plus transaction fees) in June to $368 million in August. дальше »

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Джон Макафи заявил, что вернулся к управлению криптопроектом GHOST

Джон Макафи объявил, что вернул себе контроль в работе над криптопроектом Ghost. I have returned to controlling the $GHOST development. My feud with management has ended. With the announcement that we will soon release a private stable coin, will mark a new era in transacting crypto business. дальше »

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Bitcoin News Roundup for Oct. 19, 2020

With BTC transaction activity slowing and Filecoin miners striking, CoinDesk’s Markets Daily is back for your latest crypto news roundup! дальше »

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‘Boring’ Bitcoin Market Sends Miners’ Fee Earnings to 3-Month Low

Bitcoin's transaction activity has cooled amid the recent lull in price action – and that's hurting miners' earnings. дальше »

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Does high velocity mean high prices for Bitcoin?

Simply put, velocity is a measure of how quickly money is circulating in the economy. For Bitcoin, the figure is calculated by dividing the on-chain transaction volume (in USD) by the market cap, i. дальше »

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1,000,000 Ethereum would have been burned in the past year if EIP-1559 was live

Ethereum users have faced extreme transaction fees over recent weeks and months.  At one point, there were users paying $10-20 just to send ETH and ERC-20 tokens from address to address as the cost of gas spiked to 1,000 Gwei and beyond temporarily. дальше »

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Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations

The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1. 5% on gross transaction value, local media reported. дальше »

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Swyftx: Australia's premier crypto exchange providing more than 170 assets!

Earlier in 2020, The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced that there were over 300 digital currency exchange providers (312 in February 2020) enrolled with the AUSTRAThe post Swyftx: Australia's premier crypto exchange providing more than 170 assets! appeared first on AMBCrypto. дальше »

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Tether (USDT) transaction volume goes up to $600 billion

Tether (USDT) has been the world’s largest stablecoin for years now, but over the last year, it managed to climb quite high. It currently stands as the world’s third-largest crypto based on market cap, and its most recent milestone includes surpassing $600 billion in volume. дальше »

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Up or down? EOS price prediction for October

The price of EOS has weakened from $3. 91 below $2. 50 in less than three months and the current price stands around $2. 59. The main reason for this is a low transaction volume and the fact that EOS investors faced trust issues. дальше »

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Taproot Merged Into Bitcoin Core

Taproot, a BTC protocol upgrade designed to improve flexibility and transaction privacy, has merged into Bitcoin Core. The post Taproot Merged Into Bitcoin Core appeared first on Bitcoin Magazine. дальше »

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Cumulative USDT Transaction Volume Surpasses $600,000,000,000: Glassnode Data

Glassnode agency has reported that cumulative volume of USDT transactions has gone over the $600 bln level, while Skew analytics firm provided other positive data on USDT дальше »

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Despite Daily Transactions Peaking IRS Scare Tactics Have Monero Investors Spooked

Privacy coin Monero presses on full steam ahead as its daily transaction count reaches all-time highs. Data from bitinfocharts. com shows the daily number of XMR transactions peaked at 20. 136k on October 12, 2020. дальше »

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ChainLink Network Hits New Milestone Of Over $30 Billion In Cumulative Transaction Volume

The cumulative transaction on Chainlink has recorded a new all-time high transaction volume totaling $30 billion, following a resurgence of LINK Marines activity in the crypto market. This is according to data from Glassnode, which indicates that the Chainlink network has handled over $30 Billion in transaction volume following a steady rise since September 22. […] дальше »

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Both these metrics hint at a big buy signal for Bitcoin

Bitcoin's NVT [Network Value to Transaction ratio] metric is used to determine whether an asset is bullish or bearish. However, using it in tandem with other indicators/metrics works the best. What dThe post Both these metrics hint at a big buy signal for Bitcoin appeared first on AMBCrypto. дальше »

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Ripple Partner MoneyGram Celebrates 161 Percent Transaction Growth

Ripple partner MoneyGram had its ninth consecutive month of transaction growth this September дальше »

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Leading Ethereum dex Curve begins dabbling in layer-two solutions

Ethereum transaction fees have dropped dramatically since the summer highs when gas cost upwards of 1,000 Gwei. The post Leading Ethereum dex Curve begins dabbling in layer-two solutions appeared first on CryptoSlate. дальше »

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DeFi's DEX Aggregator - 1inch finds the best rates by splitting orders across multiple DEXes

Anton Bukov is the co-founder and CTO of the 1inch exchange. 1inch is a DEX aggregator that executes a swap of tokens at the best price in one single transaction. Anton is a software developer with more than 15 years experience. дальше »

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Revolut partners with Fireblocks for new crypto service

UK based financial technology firm has enlisted Fireblocks — a digital asset transaction and... The post Revolut partners with Fireblocks for new crypto service appeared first on Coin Journal. дальше »

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1xBit Offers Zero Transaction Fees and Faster Transaction Times with new EOS Support

Bitcoin Press Release: Leading Sportsbook and Casino 1xBit announces support for EOS cryptocurrency, as it strives to offer cheaper transactions to its users, and stay abreast of the rapidly evolving crypto betting market. дальше »

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China’s Digital Currency Pilot Project (DC/EP) Hits Over $160M (1.1B Yuan) In Transaction Volume

First reported by the South China Morning Post, the People’s Bank of China deputy governor, Fan Yi Fei, speaking at a SWIFT-organized virtual conference, Sibos 2020, stated massive progress in the digital currency and electronic payments (DC/EP) pilot projects. дальше »

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Stablecoin Growth Knocks Silvergate Exchange Network Volume Over $100B

All-time transaction volume on the Silvergate Exchange Network (SEN), a fiat pathway into bitcoin markets, has reached $100 billion. дальше »

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Ethereum transaction fees plummet 85% due to slower DeFi growth

Over the past three weeks, transaction fees, their volumes and number on the Ethereum network dropped significantly. This may be due to a decrease in the activity of speculators in the DeFi market. дальше »

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2020 Q3 Review - Decentralized Finance explodes

The on-chain effects for the boon in DeFi-related activities have been enormous, with a nearly 3x increase in the amount of Ethereum sent to DeFi contracts, and ETH transaction fees reaching stratospheric heights. дальше »

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RSK Bitcoin sidechain ports Dai to connect with Ethereum DeFi

Interoperable DeFi platforms can help with Ethereum's high transaction fees.

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Ethereum transaction fees drop as DeFi hype dies down

The transaction fee on the Ethereum network is down by 82% as the excitement...

The post Ethereum transaction fees drop as DeFi hype dies down appeared first on Coin Journal.

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Ethereum Transaction Fees Fall 82%, as Defi Hype Eases

The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11. 61, down to $2. 09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. дальше »

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A Solution To the Blockchain Scalability Problem – Meet Jax.Network

Being the next step in the evolution of human civilization, blockchain technology still hasn’t been mass-adopted. The biggest obstacle here is a limited transaction processing capacity. Existing blockchains like Bitcoin and Ethereum are only able to do about 7-10 transactions per second. дальше »

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Ethereum (ETH) price struggling at $355 resistance

Ethereum (ETH) price is struggling to get above the diagonal resistance at $355 as sellers remain in the control of the price action.   Fundamental analysis: Lower transaction fees attracting users Crypto behaviour analytics platform Santiment found that regular users are coming back to Ethereum, as a result of lower transaction fees. дальше »

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ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network

A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119. дальше »

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Gold Is Poised to Retake a Crucial Support—and That’s Bullish for Bitcoin

Bitcoin has seen muted price action over the past few days after plunging from the $10,900 weekly highs as a result of negative new regarding BitMEX. Gold may soon be primed to retake a crucial support level on a medium-term scale, which may help to boost BTC after the aforementioned correction. Related Reading: Ethereum Transaction […] дальше »

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These 3 Trends Show Bitcoin Is Primed to See a Strong Breakout

Bitcoin is expected to soon see a strong breakout as the price action of the cryptocurrency tightens after the news that the U.S. CFTC is charging BitMEX. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch Bitcoin Primed to Break Out, Technical Trends Show Bitcoin’s price action has undergone extreme tightening over […] дальше »

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Ethereum: 'Base-layer scalability is years away,' says Buterin

September was the first month in Ethereum's history when transaction fees surpassed the subsidy. In fact, miners made more from fees than from block rewards. Source: The Block Further, the tranThe post Ethereum: 'Base-layer scalability is years away,' says Buterin appeared first on AMBCrypto. дальше »

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Top 5 tokens for Staking in 2020

If you know how Bitcoin works, you probably are well aware of the fact that every blockchain uses some kind of consensus mechanism for transaction validation. Some of the most commonly used consensus mechanisms are Proof-of-Work (PoW) and Proof-of-Stake (PoS). дальше »

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Ethereum Miners Made Eight Times More Fees Than Bitcoin Miners in September

Ethereum has seen immense congestion as of late due to an influx of transaction demand. The transaction demand stems from the rise of decentralized finance applications, which take up a large amount of block space. дальше »

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Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq

Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq. Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp. дальше »

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Ethereum scaling project SKALE now live with Phase 2 mainnet

Scaling project SKALE Network, which aimed to ease traffic and lower transaction costs on the Ethereum blockchain, today announced the launch of its Phase 2 mainnet according to a release emailed to AThe post Ethereum scaling project SKALE now live with Phase 2 mainnet appeared first on AMBCrypto. дальше »

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DeFi Has a Front-Running Problem. Sparkpool’s Potential Fix Is Launching This Month

Ethereum mining pool Sparkpool will launch its new mining network, Taichi Network, complete with a “private transaction” feature this month. дальше »

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Flash Loans on Aave Protocol Close to Half a Billion Dollars

Coinspeaker Flash Loans on Aave Protocol Close to Half a Billion DollarsThe Aave Flash Loans service enables users to borrow instantly and easily, no collateral needed provided that the liquidity is returned to the pool within one transaction block. дальше »

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Monero Price Analysis - Bullish technicals and sound fundamentals

Fundamentals show active and continued incremental XMR network upgrades over the past two years, including decreased transaction costs, improved transaction efficiency, blockchain pruning, improved privacy, and improved custody solutions. дальше »

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Record $166M Ethereum Fees Last Month Were 6 Times Bigger Than Bitcoin’s

Ethereum continues to outpace Bitcoin in transaction fees, with DeFi mania helping push total fees to $166 million last month. дальше »

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DeFi Buzz Drove Record $12M Earnings This Summer, Says Ethereum Miner HIVE Blockchain

The ether miner has reported its best ever quarter, saying that surging interest in DeFi led to bumper transaction fee revenues. дальше »

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Winklevoss-Backed Gemini Exchange Rolls Out Zcash (ZEC) Shielded-Address Withdrawals For Transaction Privacy

A blog post on crypto exchange Gemini confirmed privacy-enabled Zcash (ZEC) users can now withdraw their tokens to private addresses instead of transparent addresses. Zcash provides users with a blockchain similar to Bitcoin but with added options to hide user data and transactions through the use of zero-knowledge proofs (ZKPs). дальше »

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Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot

This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth. ” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoin’s network fees. дальше »

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New Zealand Tax Authority Tells Crypto Firms to Disclose Traders Personal Info & Transaction History

In a statement obtained by the local radio news station, Radio New Zealand (RNZ), New Zealand-based crypto firms must submit their customer’s crypto transaction information to the country’s top taxation authority, Inland Revenue Department (IRD). дальше »

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Why the Lightning Network is so underrated

Bitcoin was introduced as digital electronic cash, however, to make it a viable payment system, the network needs faster transaction processing. Currently, the transaction processing time for Bitcoin The post Why the Lightning Network is so underrated appeared first on AMBCrypto. дальше »

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Flow Blockchain Combines DeFi And NFTs To Power Next-Gen Crypto Games

Like the internet, blockchain has been pitched as the next revolution that will disrupt all major industries and change the face of technology forever. But problems pertaining to scaling, high transaction fees, and clunky developer tools prevent expedited mainstream adoption from happening. дальше »

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Andreessen Horowitz Gets FTC OK for Unspecified Coinbase Transaction

It is unclear at press time whether the approval is for a16z’s previously disclosed purchase of shares in Coinbase or for a new purchase. дальше »

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Binance’s New Yield Farming Protocol PancakeSwap Promises Staking and Low Transaction Fees

Binance launched another yield farming protocol, PancakeSwap, a new platform that will enable users to provide liquidity using BEP20 tokens on the Binance Smart Chain. While acknowledging that the DeFi market doesn’t need another food-based yielding protocol, Binance stated that PancakeSwap introduces a new staking feature and will eliminate the high transaction fees problem on […] дальше »

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