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.
Bitcoin price is dipping a bit while ether flows display Uniswap’s prominent market position.