Market Wrap: Bitcoin Ascends to $16.8K; Uniswap and Tether 35% of Ethereum Tr...
Bitcoin is at bullish 2020 highs while Ethereum transactions prove out DeFi’s fundamental use case.
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Wrapped Ethereum is now available on Tezos. The cryptocurrency space just became a little bit more interconnected after developers created a cross-chain bridge between the Ethereum and Tezos blockchains. Following the launch of the WRAP Protocol, created by Bender Labs, Ethereum-based ERC-20 and ERC-721 tokens can be made Tezos-compatible, allowing ETH holders to interact with the Tezos ecosystem.Token wrapping has become a common way of connecting the users of disparate blockchain platforms, and is perhaps best exemplified by Wrapped Bitcoin (WBTC), which is an ERC-20 version of Bitcoin....
Bitcoin’s price is making gains for the second day in a row as investors park more crypto in decentralized exchange Uniswap.
Uniswap is currently the second-ranked crypto platform by daily fee generation after Ethereum. The world’s top decentralized exchange, Uniswap, is currently beating out Bitcoin’s daily fee generation by more than 50%.According to the data tracking website, CryptoFees, the leading Ethereum-powered decentralized exchange Uniswap has generated more than $4.8 million worth of fees over the past 24 hours. This has propelled the automated market maker into second place above Bitcoin — which has generated just $3.1 million.The top network by daily fees is Ethereum with $16.5 million — which beats....
Bitcoin’s price struggles to stick to $10,700 as Uniswap’s decentralized exchange trading volume falls to cap September.
China’s Center for Information and Industry Development (CCID), under the country’s Ministry of Industry and Information Technology, has released its 20th ranking of crypto projects. A total of 37 crypto projects are ranked this time around overall as well as in three separate categories: basic technology, applicability, and creativity. The top four positions remain unchanged overall from the previous ranking, with Dash replacing NEO in the fifth position. Bitcoin climbed from the 14th position to the 11th place while Bitcoin Cash rose slightly from the 30th to the 29th....