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Crypto-powered prediction market flourish during US presidential election

November 4, 2020cashtechnews

Crypto-powered election futures have seen a wild 24-hours of trade, with decentralized platforms Augur and Polymarket posting record volumes. The 2020 U.S. presidential election has driven significant action across crypto-powered predictive markets. Ethereum’s co-creator Vitalik Buterin took to Twitter during the counting of votes to praise the success enjoyed by crypto-powered prediction platforms amid the […]

$5M staked in eight hours as community cautiously backs ETH 2.0

November 4, 2020cashtechnews

Staking is now available for Ethereum 2, but are the returns and conditions worth it? The long awaited deposit contract for Ethereum 2.0 has finally been deployed opening the doors to staking opportunities for ETH holders. Deposits began in earnest with over $1 million in ETH landing in the contract within the first half an […]

Pro-Bitcoin candidate wins Wyoming senate seat

November 4, 2020cashtechnews

Cynthia Lummis first bought Bitcoin back in 2013. Former Republican congresswoman and current Bitcoin holder Cynthia Lummis has won a seat in the U.S. Senate against Democratic challenger Merav Ben-David. According to a Nov. 4 report from Fortune, Lummis was an early adopter of Bitcoin (BTC), having first purchased the cryptocurrency in 2013 thanks to […]

Bitfury forms MaaS partnership to upgrade $35M Norway data center

November 4, 2020cashtechnews

The crypto mining firm’s 42-megawatt data center near Mo i Rana is reportedly already powered by 100% renewable energy. Crypto mining firm Bitfury has formed a partnership with a private equity firm allowing it to upgrade its existing $35 million blockchain infrastructure in Norway. According to a Nov. 2 announcement from the Luxembourg-based LIAN Group, […]

Record $2.9B Bitcoin options open interest follows BTC rally to $14,259

November 4, 2020cashtechnews

Open interest in Bitcoin options reached a new record at $2.9 billion, signaling that pro traders remain bullish on BTC price. The open interest on Bitcoin (BTC) options contracts has reached a new all-time high at $2.9 billion. Interestingly, this feat happened only five days after the October expiry, which liquidated $400 million worth of […]

Price analysis 11/4: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV

November 4, 2020cashtechnews

After reaching a new 2020 high, Bitcoin traders are fighting to flip $14,100 to support and Ethereum is attempting to do the same to the $400 level. Today Bitcoin (BTC) price briefly pushed through the $14,100 resistance to achieve a new 2020 high at $14,259 before pulling back to retest $14,100 as support. Although this […]

Record $816M in Bitcoin leaves Binance — Are whales preparing for a rally?

November 4, 2020cashtechnews

Binance saw its biggest Bitcoin outflow in history after $816 million (58,861 BTC) was withdrawn in one day. Binance saw its biggest Bitcoin (BTC) outflow in history on Nov. 3, according to data from CryptoQuant. A total of 58,861 BTC were withdrawn on a single day, equivalent to $816 million. The significant spike in outflows […]

Ethereum fees declining as DeFi markets cool

November 4, 2020cashtechnews

Is the DeFi bubble over? Bitcoin network activity spike may indicate that attention is shifting towards crypto’s largest asset. The DeFi bubble seems to be slowing down in the last months of 202, with fees and confirmation times retreating back to less formidable levels. “ETH fees are way down suggesting the DeFi madness has abated […]

Terra Virtua creates NFT collectibles ecosystem for the ComiCon crowd

November 4, 2020cashtechnews

$2.5 million private funding round will be used to develop first “mass-market” digital collectibles platform. Digital collectibles platform Terra Virtua announced Nov. 4 that it had completed a $2.5 million private funding round, attracting support from funds such as Woodstock, NGC Ventures, and AU21 Capital. The investment raised will be used to further develop what […]

Ethereum 2.0 begins launch process as deposit contract goes live

November 4, 2020cashtechnews

The first day of December is likely to be the launch date. Ethereum 2.0 Phase 0 has now been formalized for launch at some time around Dec. 1. The deposit contract is live and can collect the necessary funds to trigger staking. An update by the Ethereum Foundation released on Wednesday explains how the genesis […]

Category: All News

Crypto-powered prediction market flourish during US presidential election

$5M staked in eight hours as community cautiously backs ETH 2.0

Pro-Bitcoin candidate wins Wyoming senate seat

Bitfury forms MaaS partnership to upgrade $35M Norway data center

Record $2.9B Bitcoin options open interest follows BTC rally to $14,259

Price analysis 11/4: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV

Record $816M in Bitcoin leaves Binance — Are whales preparing for a rally?

Ethereum fees declining as DeFi markets cool

Terra Virtua creates NFT collectibles ecosystem for the ComiCon crowd

Ethereum 2.0 begins launch process as deposit contract goes live

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