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Daily Crypto News

DeFi users flock to Flamingo (FLM) to escape high Ethereum gas fees

Decentralized finance is rapidly becoming a cornerstone of the cryptocurrency sector but the ecosystem has become increasingly centralized on the Ethereum network and this is causing the entire sector to be plagued by high gas fees and slow transaction confirmations. Average Ethereum gas price. Source: Etherscan This explosive rise in gas fees is leading users […]

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Daily Crypto News

AAVE price soars to $123 all-time high as TVL rises and fundamentals improve

As the crypto bull market continues to gain traction, the price of Aave’s native token, (AAVE), is pushing toward new all-time highs. The growth of the decentralized lending platform appears to be bolstered by improving fundamentals, steady growth in the total value locked on the platform, and the creation of a DeFi based crypto-collectibles token […]

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Daily Crypto News

4 reasons why Ethereum options traders expect ETH price to reach $880

Ethereum (ETH) price has gained 88% since November, astonishing even the most bullish investors as the top altcoin secured a 2020 high at $750. Aside from the upcoming CME ETH futures launch scheduled for Feb. 8, the phenomenal growth of the total value locked (TVL) in Decentralized Finance protocols also played a major part. Total […]

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Daily Crypto News

Hoskinson: Partnership With SingularityNET is a Chance For Cardano to Become The Best

AI firm SingularityNET today announced a partnership deal with Cardano. Previously, SingularityNET operated exclusively on the Ethereum blockchain. As such, many…

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Daily Crypto News

Ethereum 2.0 Moves Closer But Hoskinson Raises Doubts Over its Security

Phase 0 of Ethereum 2.0 took a step forward today following the submission of EIP 2982. Phase 0, also known as…