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#Dogecoin vs #Bitcoin : Key Differences and Similarities-
What is Dogecoin?
Dogecoin is an alternative coin — more commonly known as an #Altcoin — that was established by co-founders Jackson Palmer and Billy Markus in 2013. It was initially created as a joke — based on the well-known “$DOGE ” meme.
How is Dogecoin different from Bitcoin?
Bitcoin is a widely-used, reputable coin that acts as legal tender in many countries across the world, as well as in transnational markets and industries. Dogecoin lacks the legitimacy and global infrastructure to reach the heights of Bitcoin.
Is Dogecoin better than Bitcoin?
If users are looking for transaction speeds and lower fees, Dogecoin is superior due to the #Ethereum-based blockchain, being designed specifically for rapid, seamless transactions.
What is Dogecoin?
Dogecoin is an alternative coin — more commonly known as an #Altcoin — that was established by co-founders Jackson Palmer and Billy Markus in 2013. It was initially created as a joke — based on the well-known “$DOGE ” meme.
How is Dogecoin different from Bitcoin?
Bitcoin is a widely-used, reputable coin that acts as legal tender in many countries across the world, as well as in transnational markets and industries. Dogecoin lacks the legitimacy and global infrastructure to reach the heights of Bitcoin.
Is Dogecoin better than Bitcoin?
If users are looking for transaction speeds and lower fees, Dogecoin is superior due to the #Ethereum-based blockchain, being designed specifically for rapid, seamless transactions.
1. Gas consumption within the #Ethereum-based NFT market has notably dropped, reaching levels reminiscent of June 2021. Transactions on major NFT platforms like OpenSea, Blur, LooksRare, Rarible, and SuperRare now constitute about 1.85% of Ethereum's total gas usage.
2. There has been a substantial contrast since the peak on January 9, 2022, when #OpenSea's NFT transactions alone comprised 28.69% of Ethereum's total gas consumption. This shift indicates a significant change in #NFT transaction patterns and their influence on Ethereum's network activity.
3. The reduced gas consumption in the NFT #market raises questions about shifts in user behavior and preferences within the NFT space. This trend could also reflect broader changes in Ethereum's ecosystem and how NFT-related activities #impact the network's overall usage.
2. There has been a substantial contrast since the peak on January 9, 2022, when #OpenSea's NFT transactions alone comprised 28.69% of Ethereum's total gas consumption. This shift indicates a significant change in #NFT transaction patterns and their influence on Ethereum's network activity.
3. The reduced gas consumption in the NFT #market raises questions about shifts in user behavior and preferences within the NFT space. This trend could also reflect broader changes in Ethereum's ecosystem and how NFT-related activities #impact the network's overall usage.
- Mori Finance, an #Ethereum-based stable asset protocol, launches alpha #mainnet .
- Introduces ETHS (ETH Stable) and ETHC (ETH Coin) assets.
- ETHS for low-volatility stable investment, ETHC for high-volatility derivative investment.
- #Protocol divides collateral into distinct assets based on volatility.
- Aims to offer innovative #investment choices and cater to varying risk appetites.
- Launch brings unique options to #Ethereum ecosystem and DeFi strategies.
- Monitoring adoption, impact, and demand for diverse investment options will be crucial as Mori Finance develops.
$ETH $BNB $BTC
- Introduces ETHS (ETH Stable) and ETHC (ETH Coin) assets.
- ETHS for low-volatility stable investment, ETHC for high-volatility derivative investment.
- #Protocol divides collateral into distinct assets based on volatility.
- Aims to offer innovative #investment choices and cater to varying risk appetites.
- Launch brings unique options to #Ethereum ecosystem and DeFi strategies.
- Monitoring adoption, impact, and demand for diverse investment options will be crucial as Mori Finance develops.
$ETH $BNB $BTC
Institutional Investors Favor Bitcoin Over Other Cryptocurrencies
Institutional Investors Favor Bitcoin: CoinShare
#CoinShares, a prominent institutional #crypto fund manager, recently reported a noticeable shift in institutional investors' interests in Bitcoin. Over the past week, the total inflows into crypto investment products amounted to $124.7 million.
This substantial inflow halted the previous trend of outflows, which had continued uninterrupted for nine weeks. Remarkably, Bitcoin alone accounted for 98% of all the inflows into digital assets. However, #Ethereum-based products experienced significantly less traction, attracting a mere $2.7 million. Geographically, Germany was the leader in inflows. On the other hand, investors from the United States displayed a higher level of caution.
Source - https://www.coingabbar.com/en/crypto-shorts-news/institutional-investors-favor-bitcoin
#CoinShares, a prominent institutional #crypto fund manager, recently reported a noticeable shift in institutional investors' interests in Bitcoin. Over the past week, the total inflows into crypto investment products amounted to $124.7 million.
This substantial inflow halted the previous trend of outflows, which had continued uninterrupted for nine weeks. Remarkably, Bitcoin alone accounted for 98% of all the inflows into digital assets. However, #Ethereum-based products experienced significantly less traction, attracting a mere $2.7 million. Geographically, Germany was the leader in inflows. On the other hand, investors from the United States displayed a higher level of caution.
Source - https://www.coingabbar.com/en/crypto-shorts-news/institutional-investors-favor-bitcoin
#Binance Labs invests in #Puffer to support Decentralized Liquid Restaking.
#BinanceLabs invests in Puffer Finance, an #Ethereum-based liquid restaking protocol built on EigenLayer. Binance Labs has not disclosed the investment amount, but it states that Puffer will use the funds to develop its #Layer2 network, operating as an EigenLayer Actively Validated Service.
Furthermore, the funds will facilitate the introduction of Puffer's native liquid restaking token, pufETH, to BNB Chain users, allowing them to earn staking and restaking rewards.
👉 binance.com/en/blog/ecosystem/binance-labs-invests-in-puffer-to-support--the-next-generation-of-decentralized-liquid-restaking-5382326849903026647
#BinanceLabs invests in Puffer Finance, an #Ethereum-based liquid restaking protocol built on EigenLayer. Binance Labs has not disclosed the investment amount, but it states that Puffer will use the funds to develop its #Layer2 network, operating as an EigenLayer Actively Validated Service.
Furthermore, the funds will facilitate the introduction of Puffer's native liquid restaking token, pufETH, to BNB Chain users, allowing them to earn staking and restaking rewards.
👉 binance.com/en/blog/ecosystem/binance-labs-invests-in-puffer-to-support--the-next-generation-of-decentralized-liquid-restaking-5382326849903026647
🖼️ The British Museum has teamed up with #Ethereum-based #TheSandboxGame to create a digital collection of artifacts as #NFTs
One #Ethereum ( $ETH )-based currency, according to a widely respected crypto analyst, is poised for a huge surge to the upside.
The #Ethereum-based supply-chain management blockchain VeChain ( $VET ) is set for a rally after reclaiming both its horizontal and diagonal support levels on the monthly timescale, claims pseudonymous analyst #Rekt Capital to his 347,000 #Twitter followers.
The #Ethereum-based supply-chain management blockchain VeChain ( $VET ) is set for a rally after reclaiming both its horizontal and diagonal support levels on the monthly timescale, claims pseudonymous analyst #Rekt Capital to his 347,000 #Twitter followers.