Uniswap is a kind of decentralized exchange or, in short, DEX that is on the ascent. The Uniswap platform has been in existence since 2018, working on the Ethereum blockchain. It is the second-biggest cryptocurrency program in terms of market capitalization globally, making it viable with all ERC-20 tokens and frameworks, for example, wallet services …
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Widely followed crypto strategist and trader Scott Melker is keeping a close watch on Cardano, Cosmos and three more altcoins that he says are poised to ignite huge rallies. In a new strategy session, the crypto analyst tells his 78,100 YouTube subscribers that it is clear skies for Cardano after the smart contract platform breached …
In an interview with CNBC’s Street Signs Asia released Tuesday, Sam Bankman-Fried expressed optimistic caution surrounding the pace of nonfungible tokens’ (NFT) growth over the last year, warning investors that they could become vulnerable to the volatile market dynamics if improperly educated in the space. The 29-year old crypto entrepreneur and founder of the trading …
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Canada-based Bitcoin (BTC) infrastructure firm Blockstream, co-founded by cryptographer and cypherpunk Adam Back, has hit unicorn status with its latest valuation at $3.2 billion. The company, which focuses on various Bitcoin-related areas — including operating as a mining service provider and developing renewables-based infrastructure intended to “green” the veteran cryptocurrency — has raised $210 million in …
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The latest rally in the Cardano (ADA) market has activated a classic bearish pattern that threatens to lower its prices by as much as 15%. Dubbed as Rising Wedge, the textbook pattern forms when the price consolidates between upward sloping resistance and support trendlines. Its occurrence typically prompts a bearish reversal, confirmed by a voluminous …
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Investment scams in Australia cost investors more than 70 million Australian dollars ($50.5 million) in the first six months of 2021, with crypto scams contributing to more than 50% of the losses, according to Scamwatch data. As reported by the Australian Competition and Consumer Commission (ACCC), Scamwatch data shows a 53.4% increase in investment scam-related …
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A pixelated picture of a rock from the EtherRock collection sold for over $1 million yesterday. It was no Hollywood starrer story of rock success either, but a live-action that’s occurring on the Ethereum blockchain. EtherRock 42 purchased for Ξ400 Ether($1,326,280.00) 7 mins ago (Aug-23-2021 08:31:58 PM +UTC) Txn: https://t.co/bSZvXGmCpt#EtherRock #EtherRocks pic.twitter.com/UGWCfAu1zx — EtherRock Price …
Continue reading “Single ‘EtherRock’ sells for over $1.3 million as NFT mania continues”
A regional high court in China’s Northern Shandong province’s high court said yesterday that crypto trades or investments are not “protected by law,” after reviewing a case involving the asset class, a report on SCMP stated. Local authorities feel the ruling could set a precedent for other courts in China. As such, the case marks …
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The cryptocurrency market is consolidating after its rise over the past couple of weeks. Its total value remains at $2.2 trillion, having stood at $1.9 trillion two weeks ago and $1.4 trillion last month. This represents increases of 15.8% and 57%, respectively, with certain coins rising by even bigger percentages. However, while most of the …
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A prominent crypto analyst and trader is issuing a warning to Bitcoin investors and traders alike as the leading cryptocurrency prints a new 90-day high above $50,000. The crypto strategist, known in the industry as Credible, tells his 228,100 followers that he sees Bitcoin pulling back as it inches close to a crucial resistance area. …
Japan’s financial regulator, the Financial Services Agency (FSA), has started discussions around imposing stricter regulations for cryptocurrencies in an effort to provide better protection to Japanese investors. Back in July, the FSA established a dedicated section, as well as a panel of financial experts to help the government oversee digital and decentralized finance. The agency …
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The return of Fame Lady Squad The Fame Lady Squad (FLS), a nonfungible token (NFT) avatar project purporting to have been created by an all-female team, is set to re-launch today with a new team after it was uncovered that three Russian men were behind the project earlier this month. SO EXCITING!! pic.twitter.com/V1LKgIU34c — Cadboros …
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Monero (XMR), the largest privacy-focused cryptocurrency by market capitalization, has posted a 20% price surge following the launch of the Atomic Swap implementation program last week. On Friday, the Monero Project officially announced a rollout of the Atomic Swap implementation developed by the cross-blockchain protocol COMIT, aiming to simplify trades between XMR and Bitcoin (BTC). Following …
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HodlX Guest Post Submit Your Post The US has one of the lowest cryptocurrency adoption rates, according to Finder’s global cryptocurrency adoption report, which compares ownership rates across 27 countries. A survey of over 42,000 people across the 27 countries reveals that just 9% of Americans report owning cryptocurrency, which is 10% less than the …
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Cardano and Algorand lead another week of gains for digital assets. Bitcoin has once again passed the key milestone of $50K after a week that saw some of the biggest global corporations make moves on the digital asset market. Retail giant Walmart posted a job for a crypto expert to investigate virtual payment options, Facebook …
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