One person will beat all of them. Popular crypto futures trading platform Bybit is currently hosting thousands of participants for its World Series of Trading, or WSOT, competition. With roughly 12 days left before the competition concludes, 12,368 participants currently pursue 200 Bitcoin (BTC) in prize money, valued around $2.4 million, data from the exchange’s […]
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On-ramps and off-ramps are key components to bringing new users and new money into the crypto space, but not all are created equal. What are some of the biggest providers offering these services? There’s no shortage of options for on-ramps and off-ramps, including some of the most well known names in the industry. Starting with […]
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For the East and West, the paths to blockchain and cryptocurrency adoption are not the same and both have their own challenges. Ethereum recently turned five years old, and coincidentally, it also appears to have reached an inflection point for user adoption. In the second quarter of 2020, daily active Ethereum users nearly doubled to […]
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Gold–BTC correlation drops 20% one week after hitting all-time high of 68%, correlation metrics are often misleading for investors. The Bitcoin (BTC) and gold one-month correlation reached a record high of 68% as Bitcoin hit $12,000 early in August, but the correlation crashed by 20% the following week. Despite this, Bitcoin looks set to become […]
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Here is how Neutrino USD staking on Ethereum works. The Neutrino protocol, a price-stable multi-asset protocol running on major blockchain platform Waves, is introducing the Neutrino dollar (USDN) on Ethereum. The Neutrino dollar, an algorithmic stablecoin collateralized by the Waves (WAVES) native token, is now available for all Ethereum users as the token has been […]
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The world’s largest exchange keeps deepening its cooperation with law enforcement. Binance, the world’s largest cryptocurrency exchange, is collaborating with law enforcement authorities in Ukraine to take down some large-scale money laundering schemes. Working with the exchange, Ukraine’s cyber police identified and arrested a group of criminals involved in a $42 million ransomware and money […]
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The crypto rally of 2020 is not the biggest reason for 21Shares’ growth. 21Shares, formerly known as Amun, now has $100 million in assets under management, or AUM, posting major growth in 2020. Hany Rashwan, CEO of 21Shares, told Cointelegraph on Aug. 17 that AUM volumes spiked about 164% this year, up from just $39 […]
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As Bitcoin reaches a new yearly high of $12,470, its market cap is now greater than Bank of America’s and New Zealand’s fiat currency. As Bitcoin gets more support from first-time investors, its market capitalization has risen past Bank of America’s market valuation, and put it within striking distance of PayPal’s. According to AssetDash data […]
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Have the Winklevoss twins created a monster? Following his recent educational foray into the world of Blockchain, Barstool Sports founder Dave Portnoy now appears to be promoting crypto pump and dump schemes by shilling low-cap altcoins. Posting a number of videos on Twitter, Portnoy stated that he had found a new altcoin “that I’m interested […]
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Bitcoin’s strong move above the $12,200 resistance could boost sentiment and lead to a stronger rally in select altcoins. Investors usually buy large quantities of gold when they do not have faith in fiat currencies and want to protect their purchasing power against debasement. Berkshire Hathaway’s recent purchase of Canadian gold miner Barrick Gold suggests […]
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