A new DeFi report by crypto services platform Crypto.com dove into yield farming opportunities and DeFi adoption across newer blockchains such as Binance Smart Chain, Polygon, and others. The report, written by Crypto.com research manager Kevin Wang, concluded that the reasons for yield framing regaining popularity are the launch of new blockchains, layer 2 solutions …
Monthly archives: August 2021
Binance Coin Price Falls 3% to $481.92 – Where to Buy BNB
Binance coin is one of the cryptocurrencies that have the best utility in the crypto sphere. The coin is used to power the Binance Smart Chain network. It also gives stability to the largest cryptocurrency exchange, Binance. Despite the high utility, BNB is still prone to price movements caused by volatility. Binance coin is trading …
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Decentraland at $0.861 after 9.6% Dip – Where to Buy MANA
The crypto space has evolved from mere crypto trading to other initiatives that generate revenues. One of these initiatives is virtual land and properties. Decentraland has positioned itself in a position where it has become renowned for developing virtual land that investors can buy and sell later when values appreciate. Decentraland is trading at $0.861 …
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Bitcoin SV Price Dips 3.1% to $162.69 – Where to Buy BSV
Bitcoin Satoshi Vision (BSV) is one of the hard forks created out of Bitcoin. The purpose of the creators of this network was to ensure that Bitcoin SV keeps the original vision of Satoshi Nakamoto, the creator of Bitcoin. The network has gained its own set of supporters, who have supported the value of BSV …
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5 Top Crypto Smart Contract Platforms August 2021
With the introduction of Ethereum, smart contract platforms became a necessity in the crypto market. Today, they are the underpinning technology for some of crypto’s most interesting applications – including non-fungible tokens (NFTs) and decentralized finance (DeFi) applications. Below, we’ll look into 5 of the most popular smart contract platforms, as well as the coins …
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Wall Street Investors Not Ready for Bitcoin FOMO Phase, According to BTC Bull Anthony Pompliano
Crypto veteran and Bitcoin bull Anthony Pompliano, also known as Pomp, is predicting a Bitcoin FOMO (fear of missing out) phase that he says Wall Street investors aren’t ready for. In a new episode of The Best Business Show, Pomp says that he expects major FOMO to occur in the Bitcoin space that makes everyone, …
Ripple Cites Viral Tweet on Status of XRP in Legal Battle Against SEC
Ripple is citing a U.S. Securities and Exchange Commission (SEC) letter to a retail investor in its ongoing legal battle against the top US regulator. A Twitter user named “Frank” claims that he reached out to the SEC after buying XRP to see whether he purchased a security. ADVERTISEMENT In a viral tweet, the …
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Let’s be clear: Blockchain technology is infrastructure
In recent weeks, the blockchain industry made headlines as it engaged in intense discussions with lawmakers after a $28 billion crypto tax reporting proposal unexpectedly became part of the Bipartisan Infrastructure Deal (BID). Ultimately, the BID language was unchanged, leaving uncertainty for the companies that build on blockchain, especially those dedicated to its value beyond cryptocurrency …
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SingularityDAO appoints Chris Poulin as CTO and head of AI
DeFi portfolio manager SingularityDAO has appointed research scientist Chris Poulin as new chief technology officer and head of artificial intelligence, underscoring the company’s ambitions for AI-driven investment solutions. In his new role, Poulin will be tasked with developing SingularityDAO’s DynaSets, an AI-powered system for building a curated basket of crypto investments. DynaSets hold a collection …
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Bollinger Bands creator warns Bitcoin bulls as BTC price struggles below $50K
Bitcoin (BTC) prices have recovered by more than 60% to $47,486 after bottoming out below $30,000 on July 20, triggering anticipations of an extended bull market toward $100,000. But to John Bollinger, a celebrated contributor to the field of financial analysis, investors should refrain from buying the benchmark cryptocurrency at current prices. Bollinger advised in his …
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Facebook ‘definitely looking’ at NFTs, says exec
As Facebook now finalizes the development of its proprietary cryptocurrency wallet, Novi, the social media giant could soon be supporting nonfungible tokens (NFT). David Marcus, head of Facebook Financial and co-creator of Facebook-initiated cryptocurrency Diem, said Wednesday that the firm is “definitely looking” at possible ways to get involved in the NFT industry. Facebook is …
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Top Crypto Analyst Says Dogecoin Looking ‘Interesting Again,’ Updates Outlook on Binance Coin and Polkadot
Prominent crypto analyst and trader Justin Bennett says he’s keeping an eye on Dogecoin (DOGE), Binance Coin (BNB) and Polkadot (DOT) as the crypto markets flash signs of overextension. Bennett unveils to his 63,900 Twitter followers the possible short-term bullish and bearish scenarios for the meme crypto DOGE as it forms a symmetrical triangle in …
NFT innovator HODL Assets acquires blockchain social commerce firm CoinLinked
HODL Assets, a nonfungible token (NFT) aggregator platform, has announced the acquisition of blockchain-based social network and commerce platform CoinLinked. According to a release issued on Wednesday, Wall Street veteran and CoinLinked founder Jenny Ta will also join the HODL Assets team as chief operating officer. The CoinLinked acquisition is part of a broader plan …
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CoinDCX exchange joins ad regulator following Delhi high court notice
Mumbai-based crypto exchange CoinDCX has reportedly joined the Advertising Standards Council of India (ASCI). In what seems like a response to Delhi Hight Court’s notice regarding ad disclaimers from crypto exchanges, CoinDCX intends to use this partnership to improve advertising transparency and stay off the radar of the Indian regulators. ASCI is a non-governmental self-regulatory …
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Bitcoin loses $48K as analysts eye next zones for a potential BTC price bounce
Bitcoin (BTC) headed down to test new support on Wednesday after a breakdown of bullish trajectory sparked predictions of $44,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Old resistance provides a backdrop for BTC price rethink Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing around 2% overnight Wednesday. A rejection after an attempt to …
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