competition

Is this revenue stream sustainable for Ethereum

Source Node: https://ambcrypto.com/is-this-revenue-stream-sustainable-for-ethereum/
Time Stamp: September 7, 2021 9:30 PM - Modified On: September 7, 2021 - Published By:
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Republished By Plato

The rising interest in NFTs has been well-documented over the past few weeks. Whether it is Ethereum-based Crypto Punks or BSC’s CryptoBlades game, engagement and traffic has been consistent. This has fueled the development of a new marketplace altogether. While activity is bringing eyes to this new form of asset, it is also generating massive sales. In fact, according to data, in the month of August alone, total sales volume worth $5 billion was recorded. That is a whopping 1103% increase month-over-month from July. A total of 5.6 million NFT

Can These Surging Altcoins Compete With Ethereum? Glassnode Analyzes Three Growing Platforms

Source Node: https://dailyhodl.com/2021/08/28/can-these-surging-altcoins-compete-with-ethereum-glassnode-analyzes-three-growing-platforms/
Time Stamp: August 28, 2021 2:45 PM - Modified On: August 28, 2021 - Published By:
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A slew of smart contract platforms have been surging in price over the past 30 days, and blockchain analytics firm Glassnode is digging into the metrics to determine whether or not any of these platforms can compete with Ethereum (ETH) in the future. Avalanche (AVAX), Solana (SOL), and Terra (LUNA) have all exploded over the past month, gaining 292.9%, 212.2%, and 191.4% in value, respectively, according to CoinGecko. ADVERTISEMENT   Glassnode first discusses the “spike in interest” on AVAX and SOL. “Alternative smart contract platforms like Avalanche and Solana have

BIC’s Video News Show: Robinhood IPO

Source Node: https://beincrypto.com/bics-video-news-show-robinhood-ipo/
Time Stamp: August 28, 2021 5:54 AM - Modified On: August 28, 2021 - Published By:
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In this episode of the BeInCrypto video news show, host Jessica Walker takes a look at Robinhood. Sponsored Sponsored The company just had an IPO and experienced spectacular growth in terms of new users and revenue. They definitely made the most of the meme stock phenomenon and the hype around Dogecoin and Bitcoin. But what are they more focused on, democratizing access to the stock market and meme stocks, or crypto, where they’ll do battle with Coinbase and Binance? Crypto windfall Robinhood’s second-quarter earnings report late Wednesday revealed its reliance on

Wormhole 2.0 Mainnet Launch Links Smart Contracts

Source Node: https://beincrypto.com/wormhole-2-0-mainnet-launch-links-smart-contracts/
Time Stamp: August 11, 2021 11:00 AM - Modified On: August 11, 2021 - Published By:
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Wormhole, a Solana Labs-backed multichain connector, launched its mainnet. This new protocol aims to bring the key issue of interoperability to the forefront of the DeFi conversation. Sponsored Sponsored In a world increasingly open to innovation and fast-paced development, communication is of the utmost importance. That’s the ethos of the multichain connector Wormhole. The company intends to use its technology to make communication between different blockchains effortless.  Wormhole’s technology makes it possible for funds, votes, programs, and any other transferable information to effortlessly pass from one blockchain to the next.

JP Morgan and Its Bitcoin Trading Service to Face Stiff Competition from Cryptocurrency Exchanges

Source Node: https://coinidol.com/jp-morgan-bitcoin-trading/
Time Stamp: August 10, 2021 6:28 AM - Modified On: August 10, 2021 - Published By:
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Aug 10, 2021 at 10:28 // News JP Morgan is finally offering bitcoin investment options to its customers after years of aversion to crypto investing, and is reportedly promoting its bitcoin product to its retail customers. However, the bank should be prepared for competition from cryptocurrency exchanges and similar banks. Sceptic becomes a believer After JP Morgan Chase discovered the potential of cryptocurrencies, the bank added Bitcoin to the list of assets its clients can invest in. Everything JP Morgan is doing now in regards to Bitcoin has proven to

Here’s everything you need to know about Bitcoin’s ‘biggest’ buy signal

Source Node: https://ambcrypto.com/heres-everything-you-need-to-know-about-bitcoins-biggest-buy-signal/
Time Stamp: August 8, 2021 11:00 AM - Modified On: August 8, 2021 - Published By:
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To a fair extent, Bitcoin’s price managed to take people from the crypto community by surprise. The market’s largest coin was trading at $43.3k at press time. Before analyzing whether or not Bitcoin would be able to continue its uptrend, let’s deep-dive and decipher the signals exhibited by key indicators. Hash rate trend Until recently, Bitcoin’s hash rate was hovering around its November 2019 lows (86.2 million TH/s). However, this started improving since July. Interestingly, over the past ten days, this metric’s reading has risen from 98 million TH/s to

FUN token set to launch decentralized casino

Source Node: https://ambcrypto.com/fun-token-set-to-launch-decentralized-casino/
Time Stamp: August 3, 2021 4:35 AM - Modified On: August 3, 2021 - Published By:
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It has been an exciting year for FUN Token. In January, the unassuming ERC-20 token was given a new lease of life by a Bitcoin casino with over 46 million users. Subsequently, FUN Token made a brief but significant foray into the Top 100, rallying over 700% in three months. Since then, FUN has gone from strength to strength in its quest to bring decentralized gaming to the masses. Let’s take a brief look at its journey… 2021: The Year of FUN Token Conceived and created in 2017 by FunFair

Ethereum’s Time Is Coming – Here’s Why

Source Node: https://coinrabbit.io/blog/ethereums-time-is-coming-heres-why
Time Stamp: December 24, 2020 2:12 PM - Modified On: May 21, 2021 - Published By:
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On December 1, an event that has been anticipated for the latest several years took place — Ethereum 2.0 went live. Its launch has been rescheduled several times, while the expectations from a new stage of Ethereum development are extremely high.  With all the advances that will be implemented in the network in the next few years, Ethereum is to drastically increase its scalability, efficiency, and security without any harm to decentralization. From a widely recognized open-source platform for DApps’ developers, Ethereum is aiming to become a pillar of the

Coinbase Report Affirms ‘Killing Ethereum’ will Be Challenging

Source Node: https://beincrypto.com/coinbase-report-affirms-killing-ethereum-will-be-challenging/
Time Stamp: December 14, 2020 1:54 AM - Modified On: May 21, 2021 - Published By:
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The DeFi ‘food farming’ frenzy this past Summer took its toll on the Ethereum network in terms of demand. As a result, a slew of rival platforms emerged and a new report from Coinbase has taken a deep dive into some of them. In its latest report in the ‘Round the Block’ series titled “ETH Killers and New Chains” published on Dec. 12, the U.S.-based crypto exchange Coinbase has taken a closer look at rising competitors to Ethereum in the smart contract space. A number of new DeFi-focused blockchains have