Mon Dec 23 1:26 AM

Australian central bank mentions “Ethereum” as digital currency push continues

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With all institutional attention on Bitcoin as of late, Ethereum has received little love from the corporations and governments of the world. But this is changing.The central bank of Australia recently mentioned the word “Ethereum” in an announcement of a new partnership.Australia’s central bank...

Despite 10% bounce in AAVE and YFI, analysts don’t think the DeFi bottom is in

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As the short-term future of decentralized finance (DeFi) coins has become uncertain over recent days, analysts and investors in the space have weighed in on what they think comes next.To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In. Join...

29th October: Bitcoin Up 2%, Ethereum Holds On To Above $389

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Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) price movements on October 29th.BTC/USDOn Thursday, 29th October, BTC/USD was rising steadily, with the price rate bouncing off the recently formed intraday support area between $12,930 and $13,150....

High DeFi Yields Threat to ETH 2.0 Staking, Says ConsenSys 

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ConsenSys expects DeFi providers and protocols to be fair enough and provide liquid tokens that resonate with the ETH value that an investor stakes. According to ConsenSys‘s latest Q3 DeFi report, the surge of DeFi and its high yielding liquidity provision opportunities could, in the...

Quantstamp Audit Greenlights Ethereum 2.0 Launch

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Ben Edgington, an Ethereum developer, confirmed the completion of the audit of the Ethereum 2.0 client by Quantstamp. Quantstamp, a smart contract auditing company, has announced that Ethereum 2.0 is almost ready for launch. The green light for the long wait of the Ethereum 2.0...

BitMEX Rides on New Futures Listings to Dive Deeper into DeFi 

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BitMEX plans to offer futures contracts for DeFi projects Yearn.finance (YFI), Polkadot (DOT), and Binance Coin (BNB). The Seychelles-based BitMEX exchange said via its blog post on Friday that it plans to launch three new Altcoin/USDT underlying quanto futures contracts. Yearn.finance (YFI) – an Ethereum-based...

Ethereum on Track to Complete $1 Trillion in Transactions During 2020

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The Ethereum network is well poised to be the first cryptocurrency network to process US$1 trillion in transactions by the end of 2020. The potential of the Ethereum network to hit this milestone was revealed by the cryptocurrency market data aggregator Messari who noted that...

Bitcoin Price Jumped 4% to Trade Above $12K Despite Most Altcoins Lagging Behind

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Bitcoin price has performed rather well during the pandemic in comparison to the Dow Jones that was down 0.80% year to date.Against all odds, Bitcoin price jumped over 4% on Tuesday to trade comfortably above $12K while many altcoins are in red. At the...

Weekly Recap: Bitcoin Remains Dormant While Ethereum Incurs Losses

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The pioneer cryptocurrency remained stagnant during the third week of October.Bitcoin Remains Dormant While Traders Wait for VolatilityIt kicked off on Monday, October 12th, trading at $11,374, and closed Friday, October 16th, at $11,372. The bulls nor the bears could control BTC’s price action,...

Ethereum 2.0 Developer Gives More Hint about Possible Launch Date, Progress Made

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Ethereum has made considerable progress particularly with the success of the Zinkel Testnet launched last week.As the anticipation for the launch of the Ethereum 2.0 Phase 0 mounts, one of the project’s developer Ben Edginton has given more inclination as to the project’s progress...