Bitcoin is controlled by a group of powerful cartels ranging from Top Nations to Fortune 500 companies.
Most of us in the cryptocurrency industry should’ve heard these adjectives used to describe the nature of Bitcoin. Recently, the co-founder of Dogecoin accused the cryptocurrency industry of being controlled by some wealthy right-wing cartels. Bitcoin promises billionaire livelihood for ordinary people like you and me, the latter accused.
We are feeling uncertain about the future of Bitcoin, “the most underrated asset class” in the current world. So if Bitcoin is a better asset than gold, why should it fall from its all-time…
If you’re using ethereum for a while, then your only concern would be gas fees but it’s not for these guys, yes you’re right MATIC. The $15 billion L2 solutions for ethereum.
During the early days of 2021, ETH transactional costs were crazy. It was crazy enough for us to pay $50 for sending $1 worth of ethereum to other accounts. It’s the same for sending $5M too. But the fact is that the gas fees went as high as 500 GWEI.
Cryptocurrency is one of the biggest wealth creators in the 21st century. It’s neither a gamble nor a coincidence but the beginning of a new financial era. Most people are used to traditional stock market investment. However, the terminologies and trading mechanisms remain relatively the same in cryptocurrency and stock; the underlying asset class varies widely. So it’s pretty simple, to profit from a business, you should first understand it.
Cryptocurrencies are no rocket science for ordinary people. It’s a form of payment mechanism secured by a network of computers following a mathematical governance mechanism. …
The current world population is nearly 7 billion now, and the maximum amount of BTC that can ever exist is 21 million. Going by this logic, every individual in the world can own only 0.003 Bitcoin.
By the rule of thumb, the lower the number of digital coins available to the public, the higher its value will become. Currently, Bitcoin is reaching its maximum value, pushing its price high and making it challenging to mine further BTC.
The total supply of BTC will be entirely exhausted in coming years that means if you hold more than 0.003 Bitcoin, you are…
Rocket pool has recently announced the launch date of its mainnet release as of October 6th, 2021, and the mainnet staking site will be open at 00:00 UTC for the public.
On September 14th, 2021, Ribbon finance announced the launch of its first two Ribbon V2 Vaults on Twitter. The first one is ETH Covered Call vault, and the second one is WBTC Covered Call Vault.
Curve Finance is an Automated market maker platform offering an efficient way to exchange tokens. It maintains the lower fees for the liquidity providers by accommodating the liquidity pools made of similar assets, such as stablecoins.
The imbalance in the stETH-ETH pool of Curve Finance has been quite in talks for few days. The pool has reserves of 340,472.34 ETH (31.70%) and 733,655.65 stETH (68.30%).
On the curve, the stETH/ETH pool is the biggest, with more than $1.5 billion liquidity making the stETH one of the most liquid tokens. …
88mph, a DeFi protocol for providing the fixed term fixed-rate interest, recently announced the launch of its V3 version.
On September 7th, Antimatter announced its launch on Fantom for bringing the users perpetual options and financial NFTs. The growth of Fantom in recent times was one of the reasons to leverage the network.
For few years, DEXs have taken a major share in crypto trading due to their user-friendly nature and allowing the users to control their private key. It all started with the mining of the genesis block of BTC by Satoshi Nakamoto in 2009. Soon after that, Coinbase emerged as one of the largest centralized exchanges across the globe.
The majority of the crypto exchanges that are used in today’s time are centralized ones, including Binance, Bitmax, etc. But the success of decentralized finance has made our focus shift on DEXs, including Sushiswap, Uniswap, Compound Finance, etc.
You might probably know…