Atul Ajoy

Blog Info CryptoSlate
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Stats Has written 13 posts about cryptocurrency

Jun 30 2021

Crypto exchange Coinbase is turning towards ‘decentralization’ in future products

Jun 30 2021 Published at CryptoSlate under tags  btcusd defi exchanges

Coinbase, among other centralized exchanges, are acknowledging a need for decentralization in the future. Coinbase shared plans to focus on global and 3rd party products According to Coinbase CEO Brian Armstrong, Coinbase believes that “our centralized (CeFi) products will continue to play a critical role in the growth of the crypto economy." However, Coinbase recognizes...

Jun 29 2021

Bitcoin ‘block times’ hit lowest point in 10 years after China mining ban

Jun 29 2021 Published at CryptoSlate under tags  analysis btcusd mining

Bitcoin reached its slowest block time in 10 years on June 27, in what indicates a clear consequence of China’s mining ban. Bitcoin block time averages reached 23 minutes this week According to research by institutional crypto firm Galaxy Digital, on June 27, the block time average reached 23 minutes which is well above the 10...

Jun 26 2021

Solana: How a unique consensus design powers the 65,000 tps, developer-friendly blockchain

Jun 26 2021 Published at CryptoSlate under tags  solusd technology

A key focus for blockchain developers and innovators are blockchains that is fast and cheap for developers to build decentralized apps (dApps) on. Solana has emerged as a top contender for such a blockchain in recent times, but what really goes inside it? Solana uses a new consensus system The consensus system for Solana is built off two main innovations:...

Jun 18 2021

Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investors

Jun 18 2021 Published at CryptoSlate under tags  btcusd edge investments price watch trading

Dan Morehead, the CEO of Pantera, believes that Bitcoin is “cheap” when compared to the price trend over the last 11 years according to their June investor report. Bitcoin has a 11-year trend of 20.3% Bitcoin’s price has had varying deviations from the 11-year...

Jun 15 2021

US SEC asks institutions to consider these 4 factors before trading Bitcoin

Jun 15 2021 Published at CryptoSlate under tags  btcusd derivatives investments regulation

The SEC and CFTC put out a bulletin outlining what they believe are risks that investors should factor before entering the Bitcoin futures market, a release showed. As per the SEC, a futures contract is a standardized agreement to buy or sell a specific...

Why Mexico’s ‘Club Necaxa’ is selling 1% of itself as an Ethereum NFT

Jun 15 2021 Published at CryptoSlate under tags  ethusd nfts tokens wallets

Club Necaxa owner, Al Tylis, spoke with CryptoSlate about working on selling a 1% stake in the club through a non-fungible token (NFT). Necaxa is a Mexican professional football club in Liga MX based in the city of Aguascalientes. It plays in the Estadio Victoria. LigaMX presents a major opportunity for NFT growth Tylis decided to enter the Liga MX market...

Jun 11 2021

How ‘Flashbots’ fighting MEV extraction help the Ethereum network

Jun 11 2021 Published at CryptoSlate under tags  eth 2.0 ethusd mining trading

Flashbots, a research and development organization backed by Paradigm, is focused on fighting the downside of current miner extractable value (MEV) extraction strategies. And here's how it adds value to the Ethereum network. DeFi traders’ arbitrage of MEV affects Ethereum transactions Miner extractable value measures the...

Jun 08 2021

Ethereum GAS prices fall below $1—here’s two reasons why

Jun 08 2021 Published at CryptoSlate under tags  analysis defi edge ethusd

According to Etherscan, Ethereum’s average gas price has dropped to under $1. Less than one month ago, as ETH’s price rose to an all-time high, gas prices were over $50. This temporarily lowers concern that high gas prices are causing users to leave crypto. Others are using the opportunity to send ERC20 at lower prices or interact with dApps like buying ENS...

Jun 07 2021

Mexican Football Federation stops Liga MX team from selling a stake in a NFT

Jun 07 2021 Published at CryptoSlate under tags  culture nfts

The ownership group for Necaxa, the Liga MX team, wants to capitalize on the NFT hype by selling a 1 percent stake in the team through an NFT. The ownership group which owns 50 percent of the team is led by DC United’s Al Tylis and Sam Porter and includes soccer star Mesut Ozil and the Miami Heat’s Victor Oladipo. The 1 percent...

May 29 2021

Early Ethereum designer to host DeFi Whiteboarding Weekend in the Bay Area

May 29 2021 Published at CryptoSlate under tags  adoption defi people

The Bay Area will be host to a new event, Defi Discussions Whiteboarding Weekend, focused on whiteboarding with “some of the brightest folks in the Bay Area DeFi scene”. The event is being organized by Ric Burton, an early Ethereum designer, and will run the weekend of June 5th....

May 22 2021

JPMorgan says Bitcoin’s true value is $35,000 amid price crash

May 22 2021 Published at CryptoSlate under tags  banking btcusd

JPMorgan research analysts have said that institutional investors are swapping Bitcoin for gold for the first time in six months. This is after crypto, including Bitcoin, took a major tumble dropping to lows just above $30,000. Earlier this year, JPMorgan analysts updated a Bitcoin price target to $130,000. According to...

Feb 07 2021

How decentralized exchange can benefit from the aftermath of the Robinhood saga

Feb 07 2021 Published at CryptoSlate under tags  adoption analysis exchanges

Since the apex of the GameStop saga, Robinhood has acknowledged its capital issues, raised $3.4 billion, and its co-CEO Vlad Tenev has called for the end of T+2 settlement. As defined by Wikipedia, T+2 settlement is "a shorthand for trade date plus two days indicating when securities transactions must be settled." Analyzing the flaws of traditional finance presents a massive growth opportunity for...

Jan 30 2021

How Robinhood halting GameStop trades led to DeFi and crypto recognition

Jan 30 2021 Published at CryptoSlate under tags  adoption culture defi

Robinhood’s shutdown of GameStop stock trading via its platform has led to a massive public uproar. As a beneficiary of this outcry, DeFi and crypto have gained the attention of politicians, retail investors, and entrepreneurs alike....

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