The record-breaking sale is a cherry on top of Axie Infinity’s strong week and even stronger year While a rally in the latter half of the week saw major names across the decentralized finance (DeFi) ecosystem climb upwards of 100%, Axie Infinity — the Pokemon-inspired NFT game — carried the banner for the NFT space, […]
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Major media outlets have declared Joe Biden the winner of the 2020 election, leading analysts to speculate how a Biden presidency may impact Bitcoin price in 2021. On Nov. 7 several major media outlets announced that after 4 days of rigorous vote-counting in key battleground states Joe Biden had managed to secure enough electoral votes […]
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Check out this week’s Bad Crypto podcast It’s been a week. Whether the politics made it good or bad week depends on your view but if you’re holding Bitcoin, it was certainly good. The price is up more than 8.5 percent over the last seven days. It’s now well over $14,000 and has spent 100 […]
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YieldWars used Associated Press data to settle their prediction market, but some question the validity of using their call as an oracle Following the Associated Press’ call earlier today that President-elect Joe Biden had won victory over incumbent Donald Trump in the U.S. presidential race, the 174 year-old organization — which has been covering elections […]
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A crypto fund is buying up Bitcoin at a major discount in a high-risk, high-return game. What are the odds of outperforming BTC itself? Bitcoin has been one of the best-performing assets on the planet since its launch in 2009. The digital coin rose nearly 9 million percent in price between 2010 and 2019. Simply holding or […]
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High yields and frequent interest payments on Circle’s business accounts may be designed to compete with DeFi protocols Originally launched as an attractive alternative to traditional fiat business accounts for Internet-based ventures, the latest features for the Circle Business Account appear to take aim at a different kind of competitor: the decentralized finance (DeFi) ecosystem. […]
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Regulation can add value by strengthening the reputation of a marketplace and creating the conditions to unlock innovation and enhance it. Regulation is sometimes positioned as the enemy of innovation, an antagonistic force that reduces progress in the name of bureaucracy. However, when implemented sensitively and proportionately, regulation can strengthen a private sector’s reputation by […]
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Bitcoin price is defending the $15,000 support and on-chain data signal that the rally may continue beyond $16,000. After rejecting at $15,960 on Nov.6 Bitcoin (BTC) price has been defending the $15,000 support level with strength. Based on four on-chain data points, analysts believe the rally might continue beyond $16,000. Analysts have pinpointed lower Bitcoin […]
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Crypto and DeFi remain mostly a subculture in the world of global finance. What does the industry need to do to achieve real, mass adoption? Satoshi Natakmoto’s anonymity and powerful mining-incentive mechanism are key examples of what made Bitcoin (BTC) unique and led to its unparalleled success. But for truly democratized money and finance to […]
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Bitcoin on-chain analyst Willy Woo sees three reasons why a blow-off top is unlikely to happen anytime soon for BTC price. Despite Bitcoin’s (BTC) steep rally in November, the price is consolidating above $15,000 as on-chain analyst, Willy Woo says a blow-off top is unlikely for three main reasons. The three factors are the growing outflow of funds […]
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