Decentralized exchange Sushiswap has not lagged behind Uniswap Labs’ v3 announcement. In an official post, they have introduced new products called BentoBox and Kashi Lending. Now, users of the platform have a new tool to maximize their earnings: BentoBox is a vault, serving as a decentralized “App Store” where you can deposit assets within to…
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How to Earn Cryptocurrency in 2021: 5 Popular Ways Compared Are you looking to earn cryptocurrency in 2021? You are in the perfect place! 2020 has been an excellent year for crypto, and the industry has been booming in 2021 as well, reaching an almost $1 trillion market cap by the end of January. Since…
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When it comes to the likelihood of Bitcoin losing its crown as the leading cryptocurrency, Michael Saylor of MicroStrategy thinks there’s zero chance of that ever happening. But is he right? After all, when it comes to tech, Bitcoin is way behind the competition. The Case Against Bitcoin Since day one, Bitcoin has managed to…
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The starting point for the Bitcoin market’s recent declines is the prospect of faster-than-expected economic growth in the United States, thanks to the extreme fiscal expansion and a recent rebound in job growth to pre-pandemic levels, which has boosted the bond yields and, in turn, accelerated demand for the US dollar in foreign markets. But…
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At yesterday’s Cardano 360 event, IOHK CEO Charles Hoskinson gave an update on the long-awaited Alonzo upgrade. Due to stress testing and exchange integration, Hoskinson expects a rollout in mid-August. IOHK had previously penciled in a date of the end of March 2021 for this to happen. A five-month delay hasn’t gone down well with…
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Bitcoin fell from about $60,000 to nearly $50,000 this week, but it has not deviated retail interest, according to Robbie Liu of OKEx. The investment analyst cited renewed buying activity near the $50,000 level among retail investors, confirmed by the rising long/short ratio and the rising USDT premium in the Asian market. The long/short ratio…
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The high cost of gas fees has become a financial nightmare for regular users in the web3 space. Basically, the wide range of use cases within the Ethereum network serves as a key driver for the issue of scalability. According to ycharts report, the Ethereum average gas price is at a level of 141.12 Gwei…
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Ripple trimmed most gains from the $0.6000 resistance against the US Dollar. XRP price is now trading above $0.4500 and it could attempt a fresh increase above $0.5500. Ripple broke the $0.5500 support zone, but it stayed above $0.4500 against the US dollar. The price is now back above $0.5000 and the 100 simple moving…
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Ethereum is likely forming a strong support base above $1,580 against the US Dollar. ETH price could recover further, but it could face a strong resistance near $1,650. Ethereum remained strong above $1,550 and started a decent recovery. The price is still well below the $1,650 resistance and the 100 hourly simple moving average. There…
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Bitcoin price extended its decline and traded close to $50,000 against the US Dollar. BTC is now consolidating losses and it is likely to start a recovery towards $55,000. Bitcoin extended its decline below $52,500 and $51,200 support levels. The price is now trading well below $55,000 and the 100 hourly simple moving average. There…
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