Crypto news

Bitcoin has failed to sustain its recent bullish run and has dropped to approximately $10,600. Most alternative coins have mimicked BTC’s move, resulting in a $10 billion loss from the total market cap.Bitcoin Fails At $10,800As reported yesterday, Bitcoin had reacted positively on news that US President Donald Trump left the hospital after a few days and returned to the White House. The primary cryptocurrency, copying gains on Wall Street, accelerated in price and peaked at $10,800.However,...

Erste Schweizer PR-Agentur akzeptiert ab sofort Bitcoin als Zahlungsmittel. Rent a PR zählt somit zu den ca. 500 Bitcoin Akzeptanzstellen der Schweiz Die Zürcher international tätige PR-Agentur Rent a PR akzeptiert ab sofort die Kryptowährung Bitcoin als Zahlungsmittel und zählt somit als erste PR Agentur zu den ca. 500 Bitcoin Akzeptanzstellen der Schweiz. Die PR Agentur, die...

Software and EOS developer Block.one announced the news of Google Cloud joining the community via a blog post published earlier today, on Oct. 6.According to the announcement, apart from joining the network, Google Cloud is also aiming to become a BP on the chain.The decision to allow Google Cloud to become a BP will be put to a vote among token holders. Currently, 21 BPs form the core part of the EOS network. Also, joining the public blockchain platform will mean that the tech behemoth will...

2020 has been a big year for bitcoin in many ways. It made people finally realize just how strong the asset can be considering it survived the drops it incurred thanks to the COVID spread. People began to view it as a “safe haven” asset that could potentially be utilized to keep one’s wealth stable during inflation and times of economic strife. 2020 also introduced us to the concept of yield farming, which is a new bitcoin-based “pastime” that is really taking the world by storm with its...

Contour, the trade finance enterprise based on blockchain, has officially launched. The digital platform is set to deliver a global network and services for trading finance over a distributed ledger, uniting buyers, suppliers, and banks on its platform.Contour Goes LiveSingapore-based Contour has officially announced its step forward, launching its trading network based on blockchain technology. Previously known as Voltron, the firm has a primary focus on Letters of Credit (LC). Few major...

Yearn Finance has become the hottest thing in DeFi over the past couple of months when it introduced high yielding liquidity vaults boasting three-figure annual returns.Since then, liquidity has fallen back, and collateral has been shifted to better yielding pools resulting in a slump in earnings. According to Defipulse.com, Yearn liquidity has fallen 26% over the past 30 days.The best example of this is the yETH vault, which, when launched, promised over 90% APY in ETH for those that...

Another bitcoin auction is in the books. This time around, the auction will take place in the country of Romania, a first for the European nation.Romania Is Having Its First Bitcoin AuctionRomania’s National Agency for the Management of Seized Assets will be responsible for finding a buyer for the small amounts of bitcoin and ether it will be looking to sell off. The money was taken following a fraudulent money scheme. Roughly 0.97 of ether is available for purchase, while more than 1,670...

2020 has been a good year for Ethereum: its price increased month after month, and its technological security is at a new peak now that its total hash rate is at ATH levels.The Ethereum hash rate is above 250 Terahashes per second for the first time in its history. This new record comes after an almost uninterrupted growth of 80% since January of 2020.A Steady Race to the MoonAccording to Glassnode, the recent influx of new miners seems to be caused by the rapid growth of the DeFi industry...

The DeFi space continues to expand as the total value locked in protocols has recently almost hit $11 billion. More interestingly, BTC value locked in DeFi is also on the rise as there are currently around 141,000 bitcoins locked in various lending protocols.RSK’s infrastructure framework (RIF) has recently integrated Maker’s DAI stablecoin into its ecosystem.RIF Integrates Maker’s DAI StablecoinThe RSK infrastructure framework (RIF) has integrated the DAI stablecoin on its Bitcoin-powered...

The volatility of bitcoin has fallen to a new low, according to both charts and analysts alike. Overall, the currency’s volatility has dropped to its lowest point in 23 months and has fallen by approximately 43 percent over the past week.Bitcoin Volatility Reaches a New BottomThe data is there in that all one needs to really do is look at the present price of bitcoin and its recent patterns. For one thing, the currency has remained above $10,400 for the past several days. $10,400 was...