As AVAX, the native token of smart contract platform Avalanche, continued to soar in price over the weekend, a debate on the persistently high fees on the Ethereum (ETH) network is (re)heating up in the cryptoverse.
The latest discussion on Ethereum and its fees started when Zhu Su, co-founder of crypto hedge fund Three Arrows Capital, wrote on Twitter this weekend that he has “abandoned Ethereum despite supporting it in the past.”…
Read More: Ethereum Fee Debate Heats Up as Avalanche Enters and Exits Top 10…
Read more →
Sure, you can buy Bitcoin on the Cash App run by Square. But what if you could swap it via a decentralized exchange built by Square?…
Continue reading on https://decrypt.co/86501/square-releases-white-paper-decentralized-bitcoin-exchange
Read more →
Half of all users who provide liquidity on the third version of the decentralized exchange Uniswap are seeing lower returns than they would have if they simply held tokens in their own wallet, a new study claims….
Read More: Half of Uniswap’s Liquidity Providers See Negative Returns, Study Claims…
Read more →
“It’s one of the stupidest ideas I’ve heard in this space in a long time,” he said Wednesday….
Continue reading on https://decrypt.co/86346/robinhood-exec-calls-coinbase-crypto-regulator-proposal-just-plain-silly
Read more →
Decentralized exchange aggregator ParaSwap announced today the launch of the DeFi platform’s native cryptocurrency called PSP….
Continue reading on https://decrypt.co/86078/defi-project-paraswap-launches-airdrop-native-cryptocurrency-early-adopters
Read more →
US Securities and Exchange Commission (SEC) Commissioner Caroline A. Crenshaw identified two specific structural problems that the decentralized finance (DeFi) industry needs to address: a lack of transparency and pseudonymity….
Read More: DeFi Industry Must Tackle Lack Of Transparency, Pseudonymity: SEC Commissioner…
Read more →
Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found.
The correlation between the largest cryptocurrency and the S&P 500 stock index stood at 22% for the past 60 days, according to the report….
Read More: Most Cryptos Correlated with Stocks, Not with Gold - Analysts…
Read more →
Bitcoin price started a downside correction below USD 66,000. BTC even declined below USD 65,000 to move into a short-term bearish zone. It is currently (11:47 UTC) back above USD 65,400 but is still showing bearish signs.
Besides, most major altcoins are also trying to recover losses. ETH declined below USD 4,750 and it could extend losses towards USD 4,600. XRP managed to recover above the USD 1.20 resistance. ADA aims for a retest of the USD 2.20 resistance zone….
Read More: Bitcoin and Ethereum Struggle to Recover Higher, Small Altcoins Rally…
Read more →
The crypto index fund provider Bitwise Asset Management says it has withdrawn its application for a bitcoin (BTC) futures-backed exchange-traded fund (ETF) in the US, and will instead focus its efforts on getting a spot-based ETF across the finish line.
According to Bitwise’s chief investment officer Matt Hougan, the firm’s proposal for a futures-based ETF was withdrawn because of “added complexity” and higher than expected costs associated with such an ETF….
Read More: This Is Why Bitwise Withdrew BTC Futures ETF…
Read more →
As Ethereum (ETH) continues to be plagued by high gas fees, the layer 2 (L2) scaling solution Optimism is expected to launch a major upgrade on November 11….
Read More: Ethereum Fees Pushed Higher by DEX Trading as Optimism’s Upgrade Nears…
Read more →