Bitcoin and altcoins are facing selling near key resistance levels, but for now the possibility of a sharp fall remains low. The U.S. Federal Reserve recently hinted that it could keep interest rates near zero at least through 2023. The Bank of England went a step ahead and said that it could explore options for […]
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New developments at the state level in the U.S. defined this week’s regulatory news. By way of disclaimer, today’s Law Decoded is going to be especially America-centric. Writing to you from the ghastly swamp that is Washington, D.C., I generally try to keep these newsletters more globally minded, displeased as I am with how often […]
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Bitcoin whale clusters at $9,800 have grown in size in the past few days, indicating some whales may be preparing to sell. According to data from Whalemap, an on-chain analysis firm that tracks Bitcoin (BTC) whales, the $9,800 support has weakened. The researchers at Whalemap track whale activities by following addresses owned by whales — […]
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BurgerSwap has pumped BNB price, but how long can it last, and what does that mean for Binance? Cointelegraph talks to the Burger King. The food-related craze for yield farming is showing no sign of abating. So far this year, the crypto space has been treated to Yam, Shrimp, Spaghetti, Cream, and of course, the […]
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Binance’s interest in DeFi expands globally. The United States arm of Binance, the world’s largest cryptocurrency exchange, has entered a major organization focused on decentralized finance, or DeFi. According to a Sept. 17 blog post, Binance.US has officially joined the Chicago DeFi Alliance. Also known as the CDA, the association is backed by crypto fund […]
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Two exchanges, one goal. Crypto exchange KuCoin has unveiled dealings with another exchange, Poloniex, in an effort to move the crypto industry forward. “KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS [proof-of-stake] and PoW [proof-of-work] mining pools, and other industrial exploration,” said a statement provided […]
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Despite predictions Uniswap’s airdropped token would be dumped in the gutter, UNI has garnered a $217 million market cap. The token, which was airdropped to past Uniswap users in batches of 400 per wallet without warning yesterday, has defied predictions that the market would crash from its initial pricing of $3 as the 75,235 users […]
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Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour. Ethereum miners’ hourly revenue has hit a five-year record, with fees currently bringing in 2,275 ETH ($880K) per hour. The spike was triggered by yesterday’s announcement that Uniswap would airdrop it’s governance token UNI to past users of the decentralized […]
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Lured by the sirens’ call, traders are wrapping their Bitcoin at record levels in order to yield farm and trade DeFi tokens. After failing to hold the $11K mark and exposing what some analysts have described as a general apathy to trade BTC at these levels, Bitcoin (BTC) price is once again flirting with $11,000. […]
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Dapper Labs has partnered with its second major stablecoin this week, announcing the integration of BUSD for developers building on its Flow blockchain. The U.S. dollar stablecoin of top crypto exchange Binance, BUSD, has become the latest stable token to announce it will launch on Dapper Labs’ Flow blockchain. The news comes just days after […]
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