Category: Altcoins
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Yearn.finance founder hints at collaboration with top DeFi protocol Curve
Over the past few months, Yearn.finance (YFI) has been on a collaboration spree. Late last year, project founder Andre Cronje announced that it would be absorbing Pickle Finance, a DeFi yield aggregator. This was followed by a series of other announcements in which Cronje revealed that Yearn.finance would be absorbing the resources of other protocols…
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Altseason returns, with Bitcoin SV, IOTA, EOS, and more surging by over 20%
Over the past three days, both Bitcoin and Ethereum have entered a holding pattern. For BTC, this has meant consolidation between $39,000 and $42,000. For ETH, this has meant consolidation between $1,100 and $1,250. While some fear that this consolidation is indicative of an impending market top, altcoins have begun to break higher, with BTC…
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Bitfinex whale “claims” $1.7 billion Ethereum long opened in March 2020
If you’ve been on Crypto Twitter any time over the past year, you’ve likely seen much discussion about Bitfinex’s Ethereum market. Bitfinex publishes a live feed of the number of longs there are open in its markets. Analysts had noted that there was a strong influx of Ethereum longs this past year. It reached a…
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Polkadot becomes first blockchain platform to rebrand through a bounty program
Blockchain platform Polkadot announced that it has hired leading design agency Koto to give the blockchain platform a complete design revamp. However, all key decisions regarding the rebranding process will be driven and approved by the Polkadot community and its representatives on-chain. Multichain blockchain platform Polkadot is rebranding Polkadot, a multichain blockchain platform focused on…
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Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory Chaos’ in the US In a Twitter thread on his official profile, Garlinghouse…
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Algorand (ALGO) eyes $100 billion use case with new partnership
A new partnership sees the Algorand blockchain being deployed for a large institutional client. Algorand’s institutional partner Algorand, a high-speed blockchain that powering secure and efficient frictionless exchange, has onboarded Instimatch Global,a digital platform for institutional short-term money market trading, as per a release shared with CryptoSlate. Instimatch processes hundreds of billions of dollars in…
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Asia’s Retail FOMO Could Be Behind XRP’s Rally Despite SEC’s Lawsuit
Data and traders reveal the source of XRP’s recent price rally could be Asia.
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Maker (MKR) rips 80% higher over past week after extended bear market against Ethereum
While MakerDAO, the decentralized loan platform, is at the core of decentralized finance, its native Maker (MKR) token has plunged against Ethereum over recent months. In March, MKR traded at 2.5 ETH, meaning that it cost 2.5 ETH to purchase one of the tokens. But since that date, the cryptocurrency has been on a continuous…
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Comparing the technicals of Polkadot (DOT), Cosmos (ATOM), and Avalanche (AVAX)
Polkadot, Cosmos, and Avalanche have all been created to solve the same set of problems—the low latency and scalability issues plaguing Ethereum. However, each of the blockchains took on a different approach to improving Ethereum. We explore the subtle differences between them and the ways each of them will complement the network they set out…
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Record Expected Ether-Bitcoin Volatility Points to Altcoin Season Ahead: Analyst
Peaking implied volatility spreads suggest the emphasis in the markets will shift to ether and other alternative currencies in the short term.