Decentralized finance markets have reached their highest ever levels in terms of the total amount of crypto collateral locked in smart contracts across the nascent ecosystem.DeFi: The Quickest Growing Sector in CryptoThe recent liquidity farming craze has catalyzed DeFi markets so much that they have now become the quickest growing sector in the crypto industry. Total value locked (TVL), which is a measure of how much crypto collateral is locked up in smart contracts, has just hit an all-time...
Read More »InCore Bank integrates with leading global crypto exchange Kraken
InCore Bank integrates with leading global crypto exchange Kraken In line with its recently communicated strategy regarding digital assets, InCore Bank is now the first financial institution in Switzerland to offer banking services to Kraken clients. Kraken is the largest cryptocurrency exchange in Europe according to euro-based volume. With this integration, Kraken is offering clients another simple and secure method to fund their account...
Read More »DEX Volume Eclipses $5 Billion in First Half of 2020, 400% Up From Last Year
The trading volume of decentralized exchanges (DEX) has gone past the $5 billion milestone in the first six months of 2020, which is a significant increase from the 2019 performance.June 2020 Sets DEX Trading Volume ATHIn a tweet on Wednesday, Dune Analytics informed that the DEX trading volume for the first half of 2020 totaled about $5.1B. This figure represents a five-fold increase from the same period in 2019, providing further evidence of the significant growth of DEX platforms.We are...
Read More »Bitcoin Price Falls But at $107 Billion, Realized Cap Hits New ATH
Bitcoin broke past its stagnant price trend dropping to sub-$9000 levels a few hours ago. But all is well as a V-shaped recovery quickly followed the fall, and Bitcoin’s realized cap hit a record of $107 billion today.BTC’s Realized Cap Clocks New High, Tops $107 BillionAs per data from Glassnode alerts, the company’s Twitter account for on-chain crypto alerts, Bitcoin’s realized cap hit an all-time high of $107 billion.Bitcoin Realized Market Cap Hits $107 Billion, Source: Glassnode...
Read More »No, I’m Not Building Anything on Ethereum: Elon Musk Denies Rumors
A year after the famous Hollywood actor William Shatner tweeted that Elon Musk and Vitalik Buterin were deciding what to build on Ethereum, the Tesla CEO refuted the rumor but said that he had nothing against the network.Musk: Not Building On EthereumThe Canadian actor, arguably most well-known for his role as Captain Kirk on Star Trek, has been quite favorable towards blockchain and cryptocurrencies in the past.William Shatner (and his role as Captain Kirk). Source: Daily MailAside from...
Read More »#917 Ethereum Fundamentalwert Zwei-Jahres-Hoch, Salamantex macht Österreich kryptofit & Jeff Bezos Bitcoin
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 917. Heute sprechen wir über folgende Themen: Ethereum Fundamentalwert mit neuem Zwei-Jahres-Hoch, Salamantex bringt flächendeckendes Zahlen mit Krypto nach Österreich & Jeff Bezos Bitcoin. Die heutige Show wird gesponsert von PrimeXBT.com – Handel mit über 30 Vermögenswerten per Bitcoin –Erhalte einen 35% Willkommensbonus auf deine erste Einzahlung – https://bit.ly/PrimeXBT-Bonus 1.) Ethereum Fundamentalwert...
Read More »Binance Coin Price Analysis: BNB Follows Bitcoin’s Downturn Despite 7-Days Recovery, Charts 3% Daily Loss
Binance Coin lost 3% over the past hours following a quick drop in Bitcoin’s price.The price continues to face rejection at a crucial resistance line after seven days of recovery.After the breakout, BNB consolidated and dropped back inside a demand zone of 0.0165 BTCBNB/USD: BNB Rejects At Resistance LineKey Resistance Levels: $16, $16.7, $18Key Support Levels: $15, $14.7, $13.6BNB/USD. Source: TradingViewBinance Coin decreased by 2.80% overnight following yesterday’s drop in Bitcoin’s price,...
Read More »Bitcoin Dips Below $9,000 as Altcoins Bleed Out: Friday’s Price Watch
After failing to reclaim the $9,300 mark yesterday, Bitcoin’s price went on a negative spiral down to $8,950 on some exchanges.As it typically happens, most alternative coins followed the adverse move and have charted losses in the past 24 hours.Bitcoin Dips Below $9kAs reported yesterday, the primary cryptocurrency made an indecisive attempt to reconquer the $9,300 level. Although it failed, the asset managed to hover around $9,200.In just a few hourly candles, however, BTC went on a sharp...
Read More »Bitcoin Cash Analysis: Crucial Resistance Nearby, Can The Bulls Make It?
Bitcoin cash price declined sharply below $220 and traded close to $205 against the US Dollar.The price is currently correcting higher, but it is likely to face hurdles near $225.There is a key bearish trend line forming with resistance near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must surpass the $224 and $225 resistance levels to start a fresh increase in the near term.Bitcoin cash price is facing a major hurdle near $225 $225 against the US Dollar....
Read More »Kirobo Introduces New Reversible Crypto Transaction Technology
One of the biggest problems with bitcoin transactions is that they are not reversible. If money is sent to the wrong address, the receiver may not be noble enough to give the funds back. An Israel-based startup known as Kirobo is looking to change all that.Kirobo Is Looking to Change Transaction HistoryThe company has recently established a new method of reversing what were once considered to be “irreversible” bitcoin and cryptocurrency transactions. The method – known as “receivable...
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