After two days of wild volatility for FIL, Filecoin’s Liftoff Week conference aims to chart a path forward Two days after a whiplash-inducing launch that saw Filecoin’s FIL token rocket 118% before a nearly 80% plunge, the blockchain-based data storage platform turns now to a weeklong digital conference in the hopes of righting the ship. […]
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The recent weakness in the dollar is giving Bitcoin some momentum to possibly test multi-year highs. Historically, a weaker United States Dollar leads to strength across other “safe haven” assets. By analyzing the correlation, such momentum and conclusion can also be drawn with Bitcoin (BTC) and the USD. Bitcoin has gained in 2020 as the […]
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Stablecoins are taking over the crypto space with increased utility and circulation. What is prompting this growth, and is it a threat to the market? Despite this year’s uncertainty that has plagued the global economy, 2020 will go down as the year of the stablecoins due to the digital sector’s tremendous growth, with new developments […]
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Germany’s blockchain solution for distributed energy resources puts interoperability to the test. Distributed energy resources, or DERs, have the potential to disrupt traditional electricity markets. Therefore, it shouldn’t come as a surprise that innovative countries are looking toward emerging technologies that will allow DERs to transform entire energy economies. Germany in particular is interested in […]
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Tether accounts for a huge percentage of transactions and is taking on Bitcoin and Ethereum in a variety of ways The latest data from analytics providers suggest that cumulative Tether transaction volume has just surpassed $600 billion as it begins to dominate crypto exchange trading. On-chain analytics provider Glassnode has revealed that Tether transaction volume […]
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The long awaited EIP-1559 would have seen almost 1 million ETH burnt in the last 365 days if it had been implemented, but miners are yet to get on board. The controversial Ethereum Improvement Proposal (EIP) 1559 would have burnt 970,000 Ether (ETH) — with a total value of $360 million — in the last […]
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Is Ethereum’s recent bullish online sentiment good or bad? Short-term holders are now in the black, is a ‘sell zone’ approaching? The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicates that discussions around Ethereum have switched from highly bearish to predominantly bullish. Historically, this hasn’t meant good news for the token’s price. […]
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“If you look at financial structures in history, everything worked out because of collaboration.” Jack Lu, 23, was struck by the idea for his new DeFi platform Bounce while working on his thesis on game theory and cryptocurrency at Reed College in California. “It took me quite a long time to think of it,” Lu […]
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Stellar joins the ranks of Ethereum and Algorand. The Centre consortium announced on Thursday that USD Coin (USDC) will soon be available on the Stellar blockchain. This marks the first time that a major stablecoin will be made available on the platform, joining the ranks of Anchor USD, WhiteStandard and some others. USDC is currently […]
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Decentralized community governance isn’t always so decentralized. This week, one bit of news really grabbed my attention: Dharma getting criticized for allegedly trying to capture Uniswap governance. Dharma is the company behind a crypto payments and exchange app, a sort of Ethereum-based cousin of Square’s Cash App. Or at least that’s what I previously used […]
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