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Bitcoin in DeFi? Coinbase’s Latest Launch Could Change Everything!
- September 12, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
No CommentsCoinbase, one of the largest crypto exchanges globally, has launched a wrapped version of Bitcoin, cbBTC, designed to bridge the gap between Bitcoin and the decentralized finance (DeFi) ecosystem. This new ERC-20 token, backed 1:1 by Bitcoin held in Coinbase’s custody, allows users to seamlessly convert their Bitcoin into cbBTC, making it usable across Ethereum
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Ethereum’s Five-Year Gas Fee Low: A Hidden Danger for Investors?
- August 22, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, Market Insights, Market News
Ethereum (ETH) is currently navigating turbulent waters as it faces dual challenges of plummeting gas fees and struggling ETF performance. These factors are shaping the altcoin’s market outlook and could have significant implications for its future value. Gas Fees in Freefall: A Double-Edged Sword Ethereum’s gas fees have hit a five-year low, a development that