The Role of Liquidity Pools in Decentralized Exchanges
Decentralized exchanges (DEXs) provide users with a more open and permissionless way to trade digital assets. Due to liquidity and order book issues, DEXs evolved to include Automated Market Makers (AMMs) and liquidity pools. This article will discuss the role of liquidity pools in decentralized exchanges. What is a Decentralized Exchange? A decentralized exchange is […]
Google Searches for ‘AI’ Surpass Crypto-Related Terms
Since the introduction of ChatGPT last year, Google has seen a consistent rise in “AI”-related inquiries, above crypto-related queries. Artificial intelligence (AI) ranked significantly higher in search queries than “Bitcoin” or “crypto” this year, according to Google Trends data. Google data indicates that the trend of “Bitcoin” and, on occasion, “crypto” searches surpassing “AI” searches, […]
Bitcoin’s Price Gap in Korea Signals a Possible Market Top
Bitcoin is trading at a higher price in South Korea than in other markets, a phenomenon known as the Kimchi premium. This could indicate strong buying pressure from Korean retail investors but also a sign of an overheated market that may soon correct. The Kimchi premium is the difference between the price of Bitcoin on […]
Bitcoin Hash Rate Reaches New Peak
The Bitcoin network has achieved an all-time high of 540 exhashed transactions per second; however, profits are once again declining. On Christmas Day, the mining hash rate, or computing power, of the Bitcoin network attained a new all-time high. However, this has increased the pressure on miners amid a decline in profitability. Blockchain.com said Bitcoin’s […]
Mt. Gox Creditors Receive Long-Awaited Repayments via PayPal
After a decade of waiting, some creditors of the collapsed crypto exchange Mt. Gox have reported receiving fiat repayments for their Bitcoin via PayPal. The official confirmation from the trustee is still pending. Some creditors of Mt. Gox, the infamous crypto exchange that went bankrupt in 2014, have received a pleasant surprise in their PayPal accounts. According […]