The DeFi sector will continue to grow in the future despite the difficulties that the industry has faced since the beginning of 2020, but be careful by choosing whom to trust. Decentralized finance, or DeFi for short, became a buzzword in 2019 following the valuations of MakerDao and Compound after both companies raised sizable rounds […]
Continue ReadingThe yearly average for BTC/USD is circling $9,000 for only the second time in history amid bullish halving sentiment. Bitcoin (BTC) may have reversed all price losses since its crash in March, but another price indicator is about to make a new all-time high. As noted by Yassine Elmandjra, crypto-asset analyst at investment advisor ARK, […]
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Bitcoin price corrected 11.36% after setting a multi-month high at $9,400 but bullish investors appear intent on recapturing $9,000. Thursday’s Bitcoin (BTC) price action was relatively uneventful compared to the past 48-hours of activity that the top-rated crypto on CoinMarketCap pulled off on Tuesday and Wednesday. On crypto-Twitter, one will easily find analysts calling for […]
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Crypto pioneer Charlie Shrem told Virtual Blockchain Week the combination of the halving and QE will spark a major bull run … but it might take some time. At Virtual Blockchain Week, crypto pioneer Charlie Shrem made a strong bull-case for Bitcoin, saying the combination of diminishing supply due to the halving, and wholesale quantitative […]
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Bitcoin might not be the most stable asset out there, but it is more stable than some economies. The demand for cryptocurrency in certain countries is growing amid the COVID-19 pandemic. Bitcoin (BTC) peer-to-peer trading volume in Argentina, Chile, Venezuela and Morocco has peaked over the past few weeks, marking new all-time highs. Additional reports […]
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Trading veteren Peter Brandt has taken aim at Tether, advising traders not to ‘hold it overnight’ as it was riskier than ‘the Nigerian Trinket’. Renowned veteran trader Peter Brandt has compared holding Tether (USDT) to the risk of holding ‘the Nigerian Trinket’. In a tweet earlier today, Brandt took aim at the controversial stablecoin, calling […]
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Bitcoin just breached $9,000, boasting a staggering recovery that puts the stock market in the shade. Bitcoin (BTC) just broke past $9,000 at 3.30am UTC. The price recovery far outpaces the Dow Jones Industrial Average, or Dow, one of the mainstream market’s key barometers. Since its bottom near $3,850 on March 13, Bitcoin has pumped […]
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Bitcoin.com chairman Roger Ver has called for an immediate end to the enforced coronavirus lockdown, on the grounds of economic and personal freedom. Speaking at Virtual Blockchain Week, Bitcoin.com chairman Roger Ver (also known as “Bitcoin Jesus”) has called for an immediate end to the enforced coronavirus lockdown on the grounds that it violates economic […]
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Binance hits an all time trading volume high during Bitcoin’s pump to nearly $9000. As the Bitcoin price skyrocketed close to $9000 on April 29, Changpeng Zhao, or CZ, announced that Binance, the world’s largest crypto exchange, has hit $11 billion in trading volume over the past 24 hours. This number is considered an all-time […]
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YouTube’s algorithm may be to blame for the platform recently deleting crypto-related content, but content creators are left to speculate. On March 16, YouTube released a statement warning its creator community that video removals may increase during the coronavirus pandemic. The popular video-sharing platform said that its system currently relies on a combination of people […]
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