Ether price dropped below $600 as altcoins are feeling the pressure from the SEC vs. Ripple lawsuit. XRP has been showing massive weakness as the cryptocurrency is being sued by the SEC. Its price tumbled significantly from $0.65 to $0.21 in four days, a crash of 67%. Meanwhile, other altcoins also corrected significantly in the past […]
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Experts in blockchain technology and the crypto space take on the question: What impact has DeFi had in 2020, and what can we expect in 2021? Figuring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start […]
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A major network of state banking regulators is renewing its attack on the OCC’s moves to register non-depository institutions. A leading association of state banking regulators is trying to put the U.S. national banking regulator in its place on the issue of fintech registration. Per a Dec. 22 filing, the Conference of State Bank Supervisors, or CSBS, […]
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If passed, the United States’ crypto wallet proposal would create significant hassles for digital asset exchanges. U.S. Treasury Secretary Steven Mnuchin recently dropped a proposal requiring exchanges and crypto platforms to verify the identity of customers exporting digital assets to self-hosted wallets. Crypto exchange OKCoin noted the proposal would create additional work for exchanges. “Upon […]
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A vote on $600 payments to Americans combines with bank buybacks as one analyst says that institutional buying could mean the Bitcoin bull run “never stops.” Bitcoin (BTC) surged to a new all-time high over the weekend, but what’s in store as a new week begins? With $24,000 still in play, Cointelegraph takes a look […]
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The Australian crypto ecosystem has flourished despite the pandemic, with a booming DeFi sector, a five year blockchain roadmap and the embrace of the technology by banks and the finance sector. For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long […]
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In a promising sign for the DeFi space, another project devotes itself to complete user compensation following an exploit In a blog post on Saturday night, Warp Finance — the latest decentralized finance (DeFi) protocol to suffer a smart contract exploit — announced promising strides towards recompensating users following a nearly $8 million flash loan […]
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Elon Musk is tweeting about Dogecoin again as DOGE rallies 25% on Binance. The price of Dogecoin (DOGE) rallied by roughly 25% on Dec. 20 as Tesla CEO Elon Musk once again drew attention to the meme-inspired cryptocurrency. Elon Musk and his enthusiasm toward Dogecoin is a long-running meme. Every once in a while, Musk […]
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2020 has been an epic year for crypto and blockchain, but some did more than most to help spur adoption. In future years, it’s possible that 2020 will be seen as a watershed moment for cryptocurrencies. When Black Thursday hit in March, it wiped billions off the markets in a matter of hours. Anyone would […]
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The Binance Futures funding rate overtook Deribit on Dec. 18, which has historically led to Bitcoin to consolidate or pull back. The Bitcoin (BTC) futures funding rate on Binance Futures overtook Deribit on Dec.18, according to data from CryptoQuant. Historically, when this happened, the dominant cryptocurrency saw a local top or consolidation. The funding rate […]
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