Category: crypto
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Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone and during the last seven days, $2.4 billion…
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Former Prudential Securities Chief Executive Ball Bats for Bitcoin
Bitcoin is both a long-term safe haven and short-term speculative asset, Ball said.
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Law Firm Sees Crypto Investors Flocking to St. Kitts & Nevis for Dual Citizenship
This week news.Bitcoin.com spoke with Jennifer Harding Marlin from the St. Kitts & Nevis islands law firm JH Marlin. The business specializes in all types of law practice and citizenship by Investment (immigration) is very popular. Marlin explained that recently, the company is getting “a lot of clients in the crypto space that are looking…
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Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading sessions. Crypto Market Cap Crosses $365…
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Defi’s Rise Is Inevitable, and Fusion Is Driving This Evolution of Conventional Finance
Four billion dollars This is the total amount of funds locked in “Defi”, growing from just one billion USD in 6 weeks. “Defi” has had a tortuous path ever since its inception, but now the concept of “Defi” is gaining more attention. So, what exactly is “Defi”? Is it just another blockchain hype, or could…
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Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High
Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrencies with bitcoin (BTC) briefly trading above $12,000. As data from Usefultulips shows, peer to peer bitcoin trading volumes for the week topped an equivalent…
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Over 90% of ETH’s Supply Now in Profit
More than 90% of ETH’s circulating supply is now in profit. The last time this level was observed was in early 2018 when the price of the cryptocurrency was $925. Research and analytics firm Glassnode reported Monday that the percentage of ETH’s supply in profit has reached a level not seen since early 2018. The…
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Litecoin & Stellar to Add $7.5+ Billion in Market Value to the Monarch Ecosystem
Litecoin & Stellar to Add $7.5+ Billion in Market Value to the Monarch Ecosystem Monarch Wallet combines single login and KYC, credit card purchase of cryptocurrency and earning interest on crypto through Celsius Network RENO, Nev — AUGUST 7, 2019 — Monarch (https://monarchwallet.com/), one of the most feature-packed decentralized wallets and suite of crypto services,…
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Monarch Wallet App Update Adds Crypto Transaction Export & BIP 21 QR Support!
Monarch Wallet App Update Adds Crypto Transaction Export & BIP 21 QR Support! A new App update enables users to export their transaction histories in a CSV file. The Crypto Wallet now also supports BIP 21 protocol allowing users to request & easily pay BTC using a QR code generator and scanner. The Monarch Wallet…