Gate.io Blog

Gate.io Blog, The latest official news

16:23

23 June

Ethereum vs Ethereum Classic | What is the difference between ETH and ETC

Introduction Ethereum is the most invested crypto after Bitcoin. It has a market cap of around $300 billion and is currently in the process of transitioning into Ethereum 2.0, which aims to improve the already feature-rich blockchain in multiple ways. However, there exists another crypto know...

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15:56

23 June

Who is Behind the Rise of the Polygon Network? Blockchain Consensus Mechanism Explained in One Article

Author: Gate.io Researcher Jacky. S According to Glassnode data, the 7-day average of the median Ethereum Gas fee on June 13 touched a 13-month low, reaching 19.955 Gwei. From May to mid-June, the gas fee on the Ethereum blockchain has been greatly reduced, and there are many fa...

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09:57

Today

Gate.io’s Daily Market Trends (June 23rd): Alipay Launches Dunhuang-themed NFT, Bitcoin Miner Plans to Use Renewable Energy

Author: Gate.io Researchers: Gazer. C & Charles.F Bitcoin’s price reached a low of $28,800 yesterday evening before recovering quickly. On the one-hour timeframe, Bitcoin’s price had exceeded the price of each moving average and there is now a clear upward test of the upp...

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17:32

23 June

Gate.io’s Daily Market Trends(June 22nd): Several Banks In China Ban Crypto Related Transactions, Cryptocurrency Market Panic Increases

Author: Gate.io Researchers: Gazer. C & Charles.F As of 12:00 GMT, Bitcoin‘s spot price was $34,669.30 and Ether’s price was $2,156.14. Prices in the cryptocurrency market plummeted on the back of announcements that several domestic Chinese banks and payment institutions have bann...

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16:51

23 June

Gate.io’s Daily Market Trends (June 21st): Venture Capital Investment at All Time High, Bitcoin Stops Falling and Enters Sideways Phase

Author: Gate.io Researchers: Gazer. C & Charles.F As of 12:00 on the 21st, Beijing time, the spot price of Bitcoin was $34669.3, and the price of Ethereum was $2156.14 .Bitcoin's price saw a slight increase from yesterday evening to early this morning. On the one hour time-f...

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09:08

Today

IMF Calling Out El Salvador, Will the First "Crab-Eater" Taste Any Sweetness?

On June 9th, El Salvador officially passed the Bitcoin as legal tender bill, which stipulates that goods can be priced in Bitcoin, Bitcoin can be used to pay taxes, and Bitcoin transactions will not face capital gains taxes. This is the first time that Bitcoin has become a legal tender at the nation...

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23:31

23 June

Looking at the Past and Present of NFT from "CryptoPunk #7523"

Author: Gate.io Researcher Hannah.H NFT is non-fungible token is known as non-fungible token, which has the characteristics of non-divisible, non-interchangeable, and unique. The corresponding concept to NTF is “Fungible Token (FT) )", that is, tokens that can be interch...

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10:47

Today

From Bitcoin to Ethereum: Why Ethereum is Blockchain 2.0

Author: Gate.io Researcher: Edward. H Vitalik Buterin, the founder of Ether, fits almost everything one would expect from a genius. Vitalik was born in Russia in 1994. His father, Dmitry, is a computer scientist. But when he was 5 years old, Vitalik's parents divorced, and he lat...

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16:40

22 June

Gate.io’s Daily Market Trends (June 20th): Funds Cut Down But Coin Holdings, Bitcoin Hashrate Falls Due to Mining Closures

Author: Gate.io Researchers: Gazer. C As of 12:20 on the 20th, Beijing time, the spot price of Bitcoin was $35,660.36, and the price of Ethereum was $2,200.29. Continuing the decline of the previous two days, the cryptocurrency market continued to fall. Bitcoin fell from $36,5...

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00:32

21 June

Gate.io’s Daily Market Trends (June 19th): Dollar Index Continues to Strengthen as Bitcoin Price Continues to Fall

Author: Gate.io Researchers: Gazer. C & Charles. F As of 11:00 BST, Bitcoin’s price was $35,519.63, Ether’s price was $2,212.29, and DOT’s price was $20.924. Bitcoin’s price took a small dive yesterday under the combined pressure of increased inflation expectations a...

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