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Ethereum Price: ETH/USD Eyes $400 as Miner Fees Hit New Highs

Miners post bumper harvest on Ethereum as Uniswap activity pushes fees to record highs Ethereum price is eyeing a match back to highs of $400 after posting a sharp 7% rise in the past 24 hours. As of writing, the cryptocurrency is trading around $386, up nearly 3% on the day and likely to negotiate the key hurdle at the new psychological level. ETH/USD...

Uniswap (UNI) price jumps 135% to $6.00 highs

UNI/USD price has touched highs of $6.00 as total value locked jumps to $1.40 billion. UNI/USD has touched highs of $6.08 on Coinbase, despite fears that airdropping over $1,500 worth of UNI tokens to users would see users looking to cash in on the goodies dump prices. Instead, investors are now eyeing higher gains, with analysts forecasting Uniswap’s...

New hardware wallet feature that prevents Bitcoin dusting attacks

Nano S and Nano X maker Ledger recently announced an upgrade to its software suite that will offer better privacy and control over virtual currency transactions The new feature, Coin Control, is designed to help prevent dusting attacks. Dusting attack refers to the illegal activity where an individual sends small amounts of Bitcoin to a wallet to...

Number of daily ETH transactions hit new all-time high

The 1.4 million transactions witnessed on the Ethereum network on Thursday 17 set a new high exceeding the previous record achieved back in 2018 Ethereum’s previous all-time high was set in early January 2018. Between January 3 and January 11 that year, average daily transactions ranged between 1.238 million and 1.256 million. The all-time high at...

Tether’s market cap reaches $15 billion thanks to DeFi boom

The total market cap of Tether (USDT) has increased nearly fourfold in 2020, thanks in part to the boom of the decentralised finance (DeFi) sector The increasing popularity and market cap of the DeFi sector are resulting in a mass minting of USDT coins. In August, a total of $3 billion worth of USDT tokens were minted, leading to the market cap of...

Cardano price analysis: $0.090 critical as 30-day active supply on exchanges rises to 7.4 billion

Cardano users look more likely to sell their ADA than stake for rewards as price drops to $0.092 or 33% over the past month. Cardano’s price has dropped by about 33% since hitting a multi-year high in late July when the launch of its staking network saw bulls push ADA/USD to highs of $0.155. After a brief slowdown, the cryptocurrency traded as high...

29.9k addresses claim Uniswap (UNI) as Coinbase and Binance add support hours after launch

Uniswap’s new governance token is up 110% on the day; with nearly 30k addresses claiming the free 400 UNI tokens offered to historical liquidity providers. Close to 30,000 addresses hold the newly launched UNI token, a governance token for the decentralized trading platform Uniswap. The number is set to grow even further given the appetite within...

FinCEN prepares an overhaul of AML and CTF rules

The financial crimes network is looking to revamp its counter-terrorist financing (CTF) and anti-money laundering (AML) regulations — potentially having an impact on the crypto industry  The US Financial Crimes Enforcement Network (FinCEN) recently announced its plans to review and modify its AML and CTF regulations — a move that could have an impact...

South Korea to deploy blockchain voting in apartments

The South Korean Government is working on integrating blockchain technology into people’s homes to make it easier for them to vote and enjoy other services As the blockchain frenzy in South Korea continues, the government is taking the technology to the housing sector by pledging $1.27 million to the cause. The funds will go towards developing a blockchain-based...

Bitcoin price touches $10,950 as MicroStrategy confirms $425 million BTC haul

Firm buys $425 million worth of Bitcoin as price looks to break above $11,000. After touching an intraday high of $10,840 yesterday, the top crypto continued the upside by hitting $10,950. Although the declines registered in the altcoin market have meant the overall cryptocurrency market cap has lost nearly $6 billion in 24 hours, Bitcoin’s steady...

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