Ether, the native cryptocurrency of the Ethereum network, chalked up fresh multi-year highs early on Monday after a double-digit rally last week. At around 06:35 UTC, ether, the second-largest cryptocurrency by market value, reached $1,151 – a level last seen in January 2018, according to CoinDesk 20 data. Prices rose […]

Litecoin (LTC) and XRP briefly traded places in market capitalization rankings over the weekend, highlighting the impact of the recent lawsuit against Ripple filed by the United States Securities and Exchange Commission. The so-called “flippening” happened early Sunday when Litecoin’s market cap hit $9.95 billion following a more than 12% […]

Bitcoin topped $34,000 for the first time this weekend and has since seen a double-digital correction in price. The cryptocurrency’s most recent rally came as the Bitcoin network celebrated its 12th Genesis Block day, on Jan. 3 – the anniversary of when the first bitcoin block was mined in 2009. […]

Fees on the Ethereum network have reached an average of $10.20 per transaction as of Sunday, according to data from YCharts. The network’s fees went higher on only two occasions in 2020, briefly averaging $12.54 in early September. They again rose to $11.69 near the middle of the same month. […]

Cryptocurrency payments processor and exchange operator Uphold has formally clarified that it will not delist XRP for the time being. As part of an announcement made on Monday, Uphold stated it will not be removing XRP from its crypto offerings until the lawsuit filed by the United States Securities and […]

Тhe company introduces a new borrowing-adjusted mechanism, never seen in DeFi protocols before The rapidly evolving sector of decentralized finance, or DeFi, is a wonderful use case of the usage of smart contracts on a blockchain. The past several months were especially dynamic for DeFi, as the majority of lending […]

Quick Take 1 minute read A “high-stakes game of chicken“ has been allegedly going on between internal revenue service and holders of cryptocurrency you are failing to properly report their earnings.  This so-called “game“ will be going into a new phase this year as the government body will start to […]

At its current price of about $32,470, 2020 saw bitcoin march to all-time highs and a gain of around 300%. However, Bitcoin is not the only crypto project doing well. Today, the total value locked in the decentralized finance (DeFi) industry hit $17 billion, according to DeFi Pulse stats.  DeFi […]

Optimism, a firm that’s building a Layer 2 scaling solution for the Ethereum network, says that the solution’s preliminary mainnet should be available by January 15th. The Optimism mainnet’s first trial run will be held in conjunction with decentralized exchange protocol Synthetix. The solution aims to solve Ethereum’s scaling problem by […]

Programs to pilot and encourage widespread adoption of China’s central bank digital currency, known as DC/EP or the digital yuan, are continuing apace.  As a New Year’s offering, the city of Shenzhen is offering its residents the option to register to take part in a municipal lottery, as of Jan. […]