RSK is launching a bridge into Ethereum that lets its users directly access a Bitcoin-pegged token, which could lead to its use as collateral for DeFi. The RSK project announced the creation of Token Bridge, an interoperability protocol between the Bitcoin-pegged sidechain and Ethereum, on Feb. 6. It could have important implications for the burgeoning […]
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Binance, one of the world’s largest crypto exchanges, plans to further bolster its fiat-to-crypto channels by hiring a former TradingView exec. Binance, one of the world’s largest cryptocurrency exchanges, is planning to further bolster its fiat-to-crypto gateways by hiring a former TradingView exec. Iskander Malikov, a former chief operating officer at major trading chart analysis […]
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Hot on the heels of surpassing the 500 million transaction milestone, Bitcoin daily confirmed transactions are soaring to levels not seen since September. Hot on the heels of surpassing the 500 million transaction milestone, Bitcoin (BTC)’s daily confirmed transactions (txs) are soaring too. The latest available data on Blockchain.com, for Feb. 6, indicates 315,370 daily […]
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CME Bitcoin futures investors were trading the equivalent of $10,000 per Bitcoin as weekly gains top 5%. Bitcoin (BTC) crossed the $10,000 mark for swathes of institutional investors this week as markets looked increasingly likely to surge higher still. Bitcoin 7-day price chart. Source: Coin360 CME reaches $10K per Bitcoin Data from CME Group’s Bitcoin […]
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With Ether breaking through the $200 mark yesterday, a bullish $1 billion in value is now locked in the DeFi markets. With Ether (ETH) breaking through the $200 mark yesterday, $1 billion in value is now locked in the DeFi markets. Total value locked in DeFi markets, Feb. 7. Source: defipulse.com As of Feb. 7, […]
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Crypto derivatives exchange FTX has created a new, specialized futures contract for traders to bet on President Donal Trump’s reelection in 2020. Cryptocurrency derivatives exchange FTX has created a new, specialized futures contract for traders to bet on President Donal Trump’s reelection in 2020. Dubbed TRUMP-2020 (TRUMP), FTX announced on Feb. 5 that the contract […]
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Twitter and Square make major gains following revenue reports, while Jack Dorsey-sponsored Lightning Labs sees $10 million funding. Perhaps the two most prominent supporters of Bitcoin’s (BTC) Lightning Network have seen their share prices rocket this week as the technology gains fresh recognition. Data covering the share prices of Twitter and sister company Square, the […]
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A mining farm is being shut down in China due to the coronavirus outbreak. Due to the Coronavirus outbreak in China, the government has taken a series of measurements to keep the situation under control. Businesses are being affected across the nation. With the existing quarantine control, people are staying right at where they are […]
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BitMex Open Interest hits a new high at $1.5 billion as Bitcoin traders attempt to push the price above the $9.8K resistance. The bullish sentiment continues to build in the crypto market as numerous altcoins post double-digit gains on a daily basis. Bitcoin’s spot price (BTC) on crypto exchanges also continues to push higher with […]
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Contradictory statements surround Novogratz’s relationship with XRP, which is a portfolio feature of his crypto merchant bank, Galaxy Digital. Controversial altcoin XRP is still “proving” itself, but Bitcoin (BTC) remains the recommended investment choice in the cryptocurrency world, Mike Novogratz says. In a series of tweets on Feb. 6, venture capitalist Novogratz, who is also […]
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