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BNB Skyrockets To $20 As CZ Hints On A Binance DeFi IEO

Bitcoin maintains its position above the $9,500 level, while some altcoins mark impressive gains. Rumors from Binance CEO CZ about an upcoming DeFi involvement send BNB upwards.At the same time, the US stock market indexes decrease in value a bit while gold broke above the coveted level of $1,900 per ounce.Gains In The Crypto MarketAfter yesterday’s sudden loss of over $4 billion for the entire cryptocurrency market cap, today’s situation appears reversed. Bitcoin’s $9,500 support line...

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Binance Will Use Syscoin (SYS) Bridge for BUSD Stablecoin

The Syscoin Foundation announced that the Syscoin Ethereum Bridge would be used and explored by the stablecoin of the world’s largest exchange, Binance (BUSD).Per the agreement, BUSD will be available on Syscoin’s network. The stablecoin, issued by Binance and Paxos, pegged 1:1 with the US Dollar, is approved and regulated by the New York State Department of Financial Services (NYDFS).Syscoin’s Network to Feature BUSDAccording to a press release shared with CryptoPotato, the stablecoin issued...

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Bitcoin Dominance Records 5-Month Low: BTC Begins Another Week In Place

Altcoins continue gaining traction, while Bitcoin remains calm. This decreases BTC’s dominance over the cryptocurrency market down to 62%, which is the lowest point in five months.Altcoin Market Rises To The OccasionThe past 24 hours come as another example that the altcoin market is fluctuating massively lately. This is especially evident among lower-cap alternative coins. Today’s leader is Terra (LUNA), with a surge of nearly 40% towards $0.37.Band Protocol is next after going up by 32% and...

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5 Promising Cryptocurrencies Besides Bitcoin That Can Break Their All-Time High In 2020

While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms.Chainlink (LINK) continues to impress with its performance, marking new all-time high records one after the other. With that in mind, let’s have a look...

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Market Watch: Binance Coin Surging Following BNB Burn and IEO Rumors, Bitcoin Celebrates In Place

The weekend turns out to be a rather boring one again for Bitcoin’s price as the asset continues hovering at about $9,150.However, the fluctuations within the altcoin market attract attention, with numerous double-digit gainers, led by Binance’s most recent acquisition – Swipe.Twitter Hack And BitcoinAfter the blatant Twitter hack earlier this week, the situation around the social media giant continues to unfold daily. The FBI initiated an extensive investigation, and now recent reports...

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Europeans Can Apply for Binance’s Crypto Debit Card in August

After revealing its plans to enter the cryptocurrency debit card segment last week, Binance has officially debuted its Binance Card for users based in the United Kingdom and European countries, the blockchain behemoth told CryptoPotato on Tuesday.According to the release, the debit card allows holders to make crypto payments at more than 60 million merchants across 200 regions globally. Users will also be able to convert their crypto assets to fiat with ease.At launch, the Binance card will...

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A Massive Expected Bitcoin Price Move Could End The Ongoing 2020 Alt-Season

Cryptocurrency markets have remained in consolidation over the weekend with little movement from the high cap coins. Total market capitalization has increased slightly to $274 billion, but in general, things have remained in consolidation.Bitcoin prices dipped to a weekend low of $9,150 (Bitstamp), but things had recovered slightly during Monday’s first hours of trading. At the time of writing, prices were nudging $9,240, but the overall outlook for BTC was still range-bound.Bitcoin Price...

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DeFi On Top: Ampleforth (AMPL) 30% and Aave (LEND) Lead Today’s Altcoin Boom as Bitcoin Stagnates

The lack of substantial price movements from Bitcoin during the past 24 hours, while simultaneously altcoins and, DeFi tokens, in particular, rise, means that BTC’s dominance over the market continues to decline to its yearly low.Altcoins And DeFi On The RiseThe altcoin market indicates several impressive gainers throughout the past 24 hours. Above all now stands Ampleforth (AMPL), with a significant increase of over 30% to $4.This surge comes merely weeks after the company announced the...

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Study: Almost 90% Of Cryptocurrency Investors Worry About Their Funds If They Die

Nearly 90% of cryptocurrency investors worry about what will happen to their funds in case they pass away, a new study revealed. However, less than 25% of participants noted that they organized a comprehensive plan regarding their digital asset will.Cryptocurrency Funds After DeathThe digital asset field differs from traditional finance in various forms. Apart from the decentralized nature which attracts numerous proponents and investors, leaving a detailed will is not as simple.Due to...

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Bitcoin Charges to $9,300 as Altcoins Continue to Boom: Saturday Price Watch

Bitcoin remains in its quite familiar range between $9,000 and $9,300 after a 2% increase from yesterday’s low.The most prominent US-based indexes registered similar increases yesterday, confirming the high correlation levels between the two asset groups.Bitcoin And Altcoins RecoverAs reported yesterday, the price for the primary cryptocurrency decreased to $9,050 on some exchanges like Bitstamp. On its way down, Bitcoin broke below the $9,300 level. The significant support at $9,000 confined...

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