We’re thrilled to announce that Parallel Finance (PARA) starts trading on Kraken today! Funding and trading Add PARA to your Kraken account by navigating to Funding, selecting Parallel Finance, and then Deposit. Trading begins September 7. Here’s what you need to know: Ticker PARA Tradable against EUR, USD Price precision 1 decimal places Minimum Order Size 5000 Minimum Deposit 50…
According to data from cryptoslam.io, the number of unique buyers for the nonfungible tokens (NFT) collection Bored Ape Yacht Club (BAYC) has fallen to 263 for the month of August, with 438 total transactions. These metrics were the second-lowest on record since the collection’s launch in April 2021. Since crypto winter began earlier this year, the average transaction value of…
Bitcoin cash fell to a two-month low on Wednesday, as a red wave swept through cryptocurrency markets. The token dropped by over 10% during today’s session, hitting its lowest level since July. Apecoin saw a similar fate, plunging by over 10%. Bitcoin Cash (BCH) Bitcoin cash (BCH) dropped to a two-month low in today’s session, as prices plunged by over…
Philip Karageorgevitch, Hereditary Prince of Serbia and Yugoslavia is a strong proponent of Bitcoin while he criticizes altcoins for being mere attempts to copy the original cryptocurrency. “People want to make fiat. They want to make money. And so they’re going to use Bitcoin‘s technology, Bitcoin’s ideas and try to make them their own and try to ride that fad”,…
Swan Bitcoin releases the first financial advisory platform focused purely on bitcoin. Swan Advisor Services can integrate with a financial advisor’s existing portfolio management activities. Advisors will be able to manage, view and custody their client’s bitcoin through the new platform. Swan Bitcoin, a bitcoin-only service provider, has launched Swan Advisor Services, a bitcoin wealth management and custody platform for…
Ethereum founder Vitalik Buterin said on Tuesday that the Ethereum merge is on target to happen “around” September 13 to September 15. That’s when the world’s second largest cryptocurrency will jettison its energy-intensive proof-of-work consensus mechanism. How will that shift affect Bitcoin, which still stands alone atop the crypto market and still uses proof of work? Shifting sands The merge…
Bitcoin (BTC) provided a long awaited breakout into Sept. 7 as BTC price action dashed bulls’ hopes of a recovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,000 relief bounce “still likely” says trader Data from Cointelegraph Markets Pro and TradingView captured snap losses for BTC/USD later on Sept. 6, with overnight lows coming in at $18,540 on Bitstamp. The…
High transaction fees have been a long recurring issue for users on popular blockchain networks like Ethereum and Bitcoin during periods of increased demand. However, there are protocols, platforms and methods that help users to reduce costs. What are transaction fees? Transaction fees are fees that users pay to send a transaction or interact with a smart contract on a…
ETC Group has joined the ranks of entities that have announced intentions to support a potential proof of work (PoW) version of the Ethereum network. The new chain, should it eventually appear following the network’s transition to a proof-of-stake (PoS) system, is tentatively called ETHPoW and doesn’t yet exist. Nevertheless, the London-based crypto firm ETC Group plans to list a…
The bitcoin mining industry continues to exhibit a broad range of activity stretching from rapid expansion to extreme capitulation as the price of bitcoin falls below $19,000 amid rising hash rate. During the month of August, Digihost Technology Inc. mined 69 BTC valued around $3.4 million which noted a 54% increase year-over-year (YoY). However, the company also canceled stock options…
