Tag: Ethereum

As the value of bitcoin soars and concerns rise about the energy-intensive process needed to obtain it, cryptocurrency entrepreneurs in the United States believe they have found a solution in flared natural gas. Profitably creating, or mining, bitcoin and other cryptocurrencies requires masses of computers dedicated to solving deliberately complicated equations — an endeavor that…

IDO has become one of the most popular ways to raise funds in the crypto industry. On what platforms do projects release their tokens, how to participate in the distribution and what is their disadvantage A fundraising method called IDO began to gain traction in 2020 amid growing interest in the DeFi field of decentralized…

Bitcoin price gained pace above USD 59,000, but it failed to extend its move to USD 60,000. BTC started a downside correction and traded below USD 58,500. It is currently (12:20 PM UTC) holding the USD 57,500 support and it still might rise again to test USD 60,000 in the near term. Besides, most major…

Memes are extremely important in the crypto market. Dogecoin (DOGE) may be the best recent illustration of the power of memes in a market powered by a combination of scarcity and user demand (note: some memes are more sustainable than others), but every cryptocurrency has their own memes that proliferate around Crypto Twitter and other…

A Tokyo city assemblyman has spoken out about ambitious plans to transform the Japanese capital into a crypto-powered financial hub – claiming that embracing cryptoassets could help put the city on a par with London and Hong Kong. Speaking to Finders (via Yahoo Japan), Yuu Ito, a member of the Tokyo Metropolitan Assembly currently serving…

In the first quarter of 2021 the Decentralized Finance (DeFi) industry shawn a wave of growth. The main indicator for assessing the DeFi industry is the total amount of locked funds on smart contracts (Total Value Locked). In April 2021, it crossed the $ 100 billion mark, according to the DeFi LIama tracker. Analysts at…