Block Network

January 17, 2021

DeFi’s death by a thousand cuts

They said that 2020 was the year of DeFi. Perhaps 2021 should be the year of DeFi’s sensible regulation. One rule at a time, decentralized finance is gradually being outlawed. It is not that governments specifically aim to make it illegal. Rather, every proposal that comes out lately seems to enact rules that are impossible […]

Strategist: Bitcoin more likely to be successful ‘in the long run’ than Ethereum

Lyn Alden likens Ethereum to the Concorde aircraft: functional, but not “an economically sustainable project.” One reason strategist and investment guru Lyn Alden isn’t invested in Ether is she considers the Ethereum network an “unfinished product” when compared with Bitcoin. Alden’s economic analysis of Ethereum released today compares the smart contract network to the Concorde […]

Top 5 cryptocurrencies to watch this week: BTC, LINK, UNI, XTZ, ATOM

Bitcoin’s brief period of consolidation has opened a path for select altcoins to rally higher. Bitcoin (BTC) price has yet to recapture the $40,000 level and traders who were expecting a quick resumption of the uptrend may have been caught off guard by the recent pullback. This could have led to the liquidation of about […]

Decred co-founder explains the possible effects of a CBDC takeover

How would mass-scale CBDC issuance impact the crypto space? Over the course of 2020, numerous countries across the globe raced toward their own digital versions of their currencies, known as central bank digital currencies, or CBDCs. The crypto industry still has its selling points, however, even if most countries launched CBDCs, according to Jake Yocom-Piatt, […]

Secure Bitcoin self-custody: Balancing safety and ease of use

With Bitcoin’s price clocking $40,000 recently, safe and secure measures for storing the valuable digital asset are once again on the agenda. Bitcoin’s supply is capped at 21 million, but a significant proportion of that total sum is likely lost forever. This situation is due to a variety of reasons such as lost private keys […]

Why DeFi plus asset tokenization will take crypto to new heights

Blending real-world assets and DeFi is going to shake this whole market to its core. In previous years, we have seen numerous attempts to bring real-world assets to the crypto market. However, none of them has proven to be massively adopted among retail crypto users and traditional financial players. So, why hasn’t real-world asset tokenization […]

DeFi bull run: Why Aave and SUSHI are surging despite Bitcoin price uncertainty

Aave, SushiSwap, and other major DeFi bluechips are rallying hard despite Bitcoin’s consolidation. DeFi blue-chips, including Aave (AAVE) and SushiSwap (SUSHI), have been rallying hard in the past several days while Bitcoin is seeing range-bound consolidation at around $35,000 as of Jan. 17.  Both AAVE and SUSHI prices have risen by more than three-fold since December, within […]

Synthetic dreams: Wrapped crypto assets gain traction amid surging market

Synthetic crypto assets offer vast potential to shake up the crypto and traditional financial markets, but what’s behind the current growth? Amid all the excitement of crypto’s biggest bull run in history, some assets have been outperforming even the current high-performing market. In particular, Synthetix (SNX) has been on an epic tear, leading the growth […]

$500M in crypto futures liquidated as Bitcoin dips below $34K: What happens next?

The cryptocurrency market saw over $500 million worth of positions liquidated in the last 24 hours as Bitcoin slid below $34,000. Roughly $500 million worth of cryptocurrency futures positions were liquidated in the past 24 hours. The mass liquidation of positions happened before the price of Bitcoin (BTC) dipped below $34,000 on Jan. 17. Bitcoin […]

Institutional investors won’t take Bitcoin mainstream — You will

Real-world applications and users, not institutional investors, will challenge the failing fiat currencies and increase Bitcoin adoption around the world. Similar to 2017 and the popular cryptocurrency bull run, last year created a fresh buzz in the world of crypto and Bitcoin (BTC) particularly. From setting new all-time highs to making various news rounds and […]