[ad_1] Bitcoin has undergone a massive rally over the past two weeks. From the lows set after the news broke regarding OKEx, the leading cryptocurrency has surged higher by almost 25%. As of this article’s writing, Bitcoin trades for $13,800. Despite this rapid move to the upside, not all analysts are convinced that the true […]
[ad_1] Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH), bitcoin cash (BCH), and cash. […]
[ad_1] From what started as something of a “technological experiment” with Bitcoin (BTC) over a decade ago, the crypto asset industry has become a significant driver for change in global financial markets. Cryptocurrency exchanges started as a means to enable crypto enthusiasts to trade digital coins outside the traditional financial system on a decentralized and […]
[ad_1] It’s been a brutal past few days and weeks for altcoins despite Bitcoin’s strength. Top digital assets aside from BTC have plunged a handful of percent, even dozens of percent, against the U.S. dollar, even as Bitcoin hits new year-to-date highs. This divergence has shocked many investors in the space, especially those that entered […]
[ad_1] The world-class trading platform, Bitcoin.com Exchange announced it’s participating in the Cryptopia Exchange rescue consortium in order to help redistribute coins to customers. Bitcoin.com’s trading platform will provide an exchange environment in order to bolster the Cryptopia Rescue redistribution plan. Back in January 2019, the New Zealand cryptocurrency trading platform Cryptopia Exchange suffered a […]
[ad_1] Crypto startup Avanti Financial Group has been granted a license to offer banking services by the Wyoming State Banking Board. The license, or bank charter, means Avanti can now operate as a conventional bank – but one with a twist, capable of holding both crypto and dollars. It plans to launch in 2021. According […]
[ad_1] A splendid beginning for Yearn Finance in the third quarter is coming to an end with a brutal sell-off. The yield farming aggregator suffered a major blow this week as its governance token, YFI, plunged by 39 percent. In the last 24 hours alone, the cryptocurrency experienced a 10.35 percent price decline, a move […]
[ad_1] One often hears blockchain in the same breath as security and supply chains. This week, a winning entry to a competition organized by the United States Department of Defense cast both these aspects in a new light. To keep pace with the ever-more technologized battlelines of contemporary warfare, the DoD continues to explore ways to […]
[ad_1] Yearn Finance founder Andre Cronje’s new defi token called KP3R has soared more than 3,600% in just over 24 hours after official launch, as yield farmers pour in millions of dollars into the project. The token opened at just $10 on Uniswap on Oct. 28, but is currently trading at $373.58, as of press […]
[ad_1] COMP, a governance token associated with lending platform Compound, is back into rough waters after sailing calmy for days. The 37th-largest cryptocurrency by market cap fell by $25.14, or 20.15 percent, to $100.68. Its move downside started at a local top of $126.10, established after an eight-day upward consolidation of around 45 percent. That […]