WATCH: The Joy of Blockchain

Sep 3, 2020 at 11:34 UTCUpdated Sep 3, 2020 at 11:37 UTCBitcoin prices Sept. 1-3 (CoinDesk BPI)Bitcoin (BTC) may soon extend Wednesday’s price pullback, according to a data metric that suggests there’s increased selling pressure in the market. While the top cryptocurrency by market value fell by 4% on Wednesday, it defended the long-held support…

Oct 23, 2020 at 14:20 UTCMany active addresses. (ninita_7/Pixabay)Active Bitcoin Addresses at Highest Since 2017’s $20K Price RecordActive user participation in Bitcoin’s network has accelerated to levels last seen in December 2017, when the cryptocurrency printed record highs near $20,0000. The number of active entities, or clusters of addresses controlled by a single network participant,…

Popular blue-chip non-fungible token (NFT) collection Azuki is releasing a new collection inspired by the elements found within the Azuki ecosystem.According to a press release, Azuki Elementals will include 20,000 NFTs based on the four Azuki elements of earth, fire, lightning and water. The collection includes different levels of rarity traits that will be revealed…

Staking provider P2P.org said it has gone live with its Staking-as-a-Business (SaaB) model for institutions. The offering aims to help platforms like exchanges, wallet providers and custodians add staking and decentralized finance (DeFi) services to their businesses to diversify avenues of growth.The company said it currently has more than 1 million staked ether (ETH) and

Jul 20, 2020 at 16:01 UTCUpdated Jul 20, 2020 at 16:38 UTCTop FTX perpetual futures markets ranked by 24-hour trading volumeSwipe (SXP) futures volumes — $45 million at last check — equal 42% of its total market capitalization, a possible sign the market is overextended. SXP futures is the second-largest futures market on FTX, the…

Will a Sharded Ethereum Be Flexible Enough for Decentralized Finance?“Money legos” might be an apt metaphor for what decentralized finance (DeFi) does, but since the summer another one has applied: jackpot.Money legos is the term used to describe the way Ethereum allows different financial services to be plugged into each other, also known as composability.…

NEWSINBRIEF Ethereum developers are quietly planning strategies for advancing the world’s third-largest blockchain, as well as a previously undisclosed upgrade that could boost the capabilities of the technology more aggressively in the short-term. Specifically, the minutes from four private meetings that took place at an ethereum conference earlier this month, refer to an upgrade named “ethereum…

Non-fungible token (NFT) lending platform Astaria is launching publicly after a lengthy closed beta period.The platform, co-founded by former decentralized finance (DeFi) protocol SushiSwap CTO Joseph Delong, allows NFT holders to lease their assets to traders who may not be able to afford a blue-chip NFT in a single purchase. With support for over 300,000…

After a quick surge to start the year resulted in a near-doubling of its price, bitcoin (BTC) has mostly traded in an exceedingly tight range for the past few months, struggling to hold above $30,000 for a sustained period.Looking at the price action since April, and in particular since mid-June, there’s been a noticeable abruptness…