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In an announcement on April 4, the Ethereum scaling solutions provider unveiled a new decentralized exchange (DEX). Its goal is to address capital efficiency in the DeFi ecosystem. The company stated that there is a risk of liquidity becoming fragmented between Layer 1 and multiple Layer 2 solutions. origin »
Ripple started a fresh rally above the $0. 6000 resistance zone against the US Dollar. XRP price even broke $0. 7000 and it seems like there are high chances of more upsides. Ripple gained strength after it broke the $0. origin »
Following the boom of non-fungible tokens (NFT) tied to NFT marketplaces and tools, oracle-based tokens are now seeing their valuations rise. During the last seven days, a number of oracle tokens have seen steep gains between 7% to even 45%. origin »
Bitcoin continues to consolidate in the high $50,000 area, meanwhile, its fundamentals are strengthening and seem to point towards a price breakout. Analyst Ali Martinez has shared data from Glassnode to predict the timing for a new BTC price rally. origin »
Ethereum traded to a new all-time high at $2,140 before correcting lower against the US Dollar. ETH price is now holding gains above the $2,000 support zone. Ethereum is showing a lot of positive signs above the $2,000 support zone. origin »
A swift 70% drop in the average price of non-fungible tokens (NFTs) is suggesting that the latest “crypto craze” might be fizzling out—just as fast as it took the world by storm recently, Bloomberg’s experts pointed out yesterday. origin »
Bitcoin price is currently facing resistance near $58,250 and $58,500 against the US Dollar. BTC could dip in the short-term, but the bulls are likely to remain active near $57,000. Bitcoin recovered above $57,500, but it is facing resistance near $58,250. origin »
On 2 April 2021, blockchain analysis startup Chainalysis raised approximately $100M in a fundraiser spearheaded by Paradigm, which uplifted its valuation above $2B. The Future of Cryptocurrency Several investment companies participated in the fundraising, including TIME ventures, Ribbit and Addition. origin »
Former congressman Ron Paul has warned of a government crackdown on bitcoin and safe-haven assets may not be safe from government intervention. “The government is the threat,” he said, noting that “they will crack down because they have the ability to do it. origin »
Personal finance expert Dave Ramsey has given some advice on what to do with bitcoin investments. While acknowledging that the cryptocurrency has had a “fabulous” run, Ramsey still prefers putting his money in more “proven” investments. origin »
Laina Morris, colloquially known as an “overly attached girlfriend” thanks to her viral YouTube videos, auctioned off her first non-fungible token (NFT) for 200 Ethereum (worth about $417,200 at press time). origin »
PRESS RELEASE. Launched on the 1st of July 2020, Torum is a social media platform specially designed for cryptocurrency users. Symbolizing the nature of the platform, the name Torum was born from the combination of “Tokenized” and “Forum”. origin »
Two things: One, DeFi is huge, so extensive it can describe any financial activity executable in a decentralized manner. While decentralized exchanges, trading, insurance, and more dominate, other areas under this umbrella remain under-explored but, nonetheless, a gold mine. origin »
BitTorrent Token (BTT), a core native token of BitTorrent decentralized data sharing system, witnessed an impressive upsurge in last seven days. What catalyzes its pump? origin »
Recently shared data by a popular analytics provider state that users are actively withdrawing Ethereum from digital exchanges, leaving ETH balances at a 20-month low origin »
Since February, Grayscale Bitcoin Trust (GBTC) has continued to trade at a negative premium. The Bitcoin fund, available to institutional investors on the traditional stock market, has traded below the price of Bitcoin since February 22, 2021 — a telling sign that its demand was drying up. origin »
Ethereum rival Enjin is facing the prospect of posting a massive breakout rally ahead, according to a classic technical indicator and a crucial network update. origin »
Bitcoin (BTC) update After creating a hanging man candlestick the week prior, BTC created a small bullish candlestick this week. Technical indicators are showing weakness. The MACD has created a lower momentum bar and the RSI is decreasing, nearly crossing below 70. origin »
Data from the platform shows ETH balances on major exchanges was at 14. 6 million ETH or about $29. 5 billion. The data includes information on exchanges like Binance, Bitfinex, Gemini, and Kraken. origin »
Bitcoin is expected to find a short-term bottom soon and resume its upward movement. Weekly BTC Close After creating a hanging man candlestick the week prior, BTC created a small bullish candlestick this week. origin »
Spend a few minutes in cryptoland on social media and you’re likely to find netizens speaking about celebrities or virtual artists ‘dropping’ their latest works in the form of a non-fungible token (NFT). origin »
ForceDAO, a shiny new decentralized finance (DeFi) project, got attacked by five hackers this morning, reviving concerns around the highly experimental sector and the seemingly unending amounts of money flowing into hours-old projects. origin »
The DeFi market is steadily heating up as yield farms, NFTs, and other non-custodian financial services gain popularity among mainstream audiences. The post Shopify CEO asks crypto community about how to integrate DeFi appeared first on CryptoSlate. origin »
Tobi Lutke, Chief Executive Officer of subscription-based platform Shopify, hinted that the subscription-based platform may soon enter the cryptocurrency space. He revealed this via his Twitter handle, adding that he has already started “dabbling” with Ethereum (ETH). origin »
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Norwegian billionaire Øystein Stray Spetalen, who once called bitcoin “nonsense,” has reportedly capitulated and invested in the cryptocurrency after seeing another billionaire in Norway embracing bitcoin. origin »
The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years 2016 to 2020 as well as other documents relating to their crypto […] origin »
South Africa’s Inter-governmental Fintech Working Group (IFWG) recently accepted Mercury FX, a UK-based e-money firm, into the first cohort of its regulatory sandbox. The firm, which harnesses the Ripplenet blockchain, says it wants to demonstrate its technology’s ability “to shorten the money transfer window to only minutes. origin »
After incredible excitement, investor craze for NFT tokens began to wane. Marketplace sales of non-fungible tokens plummeted.
origin »Bitcoin (BTC/USD) is paring a portion of its recent gains entering the new weekly session, trading just a little over $57,000 after breaching $60,000 last week. origin »
DeFine Art has completed the biggest video NFT drop event in Asia with Bart Baker, the No. 1 American social media influencer in China. It is another milestone for... origin »
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Xend Token (XEND) under the pair USDT/XEND on Apr 2 at 1:00 p. origin »
Leading US-based cryptocurrency exchange Coinbase will have its initial listing on Nasdaq. The IPO will take place on April 14.
origin »Jonathan Marriott, Electroneum’s Marketing Manager, said he’s incredibly excited to welcome Shopping.io into the ETN ecosystem. He said “Whilst ETNEverywhere.com houses more than 2,000 merchants accepting ETN, today’s announcement has... origin »
Stake.com will host one of the biggest gambling events of the year – a wagering race with a whopping prize pool of $1 million. This is the... origin »
Despite the ongoing global pandemic, Bitcoin Depot – The largest and fastest growing bitcoin ATM network – is continuing to see major growth, both within their company... origin »
as.exchange, the innovative derivatives exchange, today announces the launch of a peer-to-peer (P2P) trading feature on its platform with the purpose of empowering users to... origin »
Singing duo Bella Killa comprised of sisters Christa, 23 and Sophie Texeira, 20 announce the release of their debut album “Angel” on April 1st. “This... origin »
Singapore WOLOT Foundation today announced a strategic partnership with Benefit.X as a new addition to the TOOL ecosystem that is developing international services based on... origin »
Evergreen Podcasts is pleased to announce its partnership with IndustryPods, a California-based B2B podcast production company. This new partnership will allow Evergreen to showcase all of the IndustryPods... origin »
Immersive Network announced today that it has secured commitments for over $50 million through the Starport platform in the 24 hours since the launch of their pre-IDO... origin »
Digital arthouse, Crypto Buds announced a flurry of sales after launching its inaugural collection of 10,000 collectible Cbud NFTs. Selling nearly 2000 digital cards to... origin »
M&A transactions in the cryptocurrency market reached $1.1 billion in 2020. According to PWC forecasts, 2021 will be able to surpass last year both in value and number of M&A deals. origin »
Institutional investors continue to enter the cryptocurrency market, according to a new report from analyst firm CoinMetrics. The first three months of 2021 were also marked by a staggering rise of DeFi tokens. origin »
Billionaire Oystein Stray Spetalen called bitcoin a "nonsense currency", and nine days later reportedly bought a bulk of cryptocurrency and became a shareholder of Norway's largest cryptocurrency exchange. origin »
The US IT giant unveiled ION, an open-source decentralized identity solution that runs on the bitcoin blockchain.
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