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“# CasperLabs readies blockchain platform for 2021 mainnet launch with $14M private sale ” CasperLabs has raised $14 million in a private validator token sale, with over a dozen investors participating in a round led by Digital Strategies. The company expects to launch its public mainnet in the first quarter of 2021, followed by a public…
“# Price analysis 10/21: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV ” Bitcoin hit a new 2020 high and altcoins rallied as PayPal announced that it will support crypto payments. <p>The crypto markets are cheering PayPal’s decision to allow its customers to use cryptocurrencies to shop from its vast merchant network. PayPal…
“# Bitcoin breaks above $12.3K after PayPal says Venmo will become a BTC wallet ” Bitcoin (BTC) gained almost 5% on Oct. 21 as bullish price action combined with fresh corporate adoption news to boost gains. Cryptocurrency market daily performance overview from Coin360 PayPal takes BTC price to $12,400 Data from Cointelegraph Markets and Coin360…
“# Tron opens ‘manual’ withdrawal option for TRX holders on OKEx ” The Tron Foundation has published an update on a decision it took yesterday to enable Tron (TRX) holders to withdraw their tokens from the OKEx cryptocurrency exchange. According to the foundation: “At present, TRON has helped 16 OKEx users withdraw their TRX, and…
“# DeFi deja vu as another stealth Andre Cronje project launches ” Yearn Finance creator Andre Cronje quietly published his third protocol to GitHub since August on October 19, dubbed Keep3r Network. Despite the lack of a formal launch announcement, and Keep3r’s documentation stating the protocol is in beta, over-exuberant investors once again rushed to…
“# Uniswap’s first governance vote fails … despite 98% support ” The first governance vote for decentralized exchange (DEX) Uniswap has ended in failure, despite the proposal attracting overwhelming support of 98% of votes cast. Despite this, it fell roughly 1% short of the 40 million votes threshold needed for approval by the close of…
“# Price analysis 10/19: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV ” Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins. <p>Crypto market sentiment appears to be improving across the board and the global push to mainstream…
“# Top 5 cryptocurrencies to watch this week: BTC, XLM, CRO, BNB, LTC ” Traders are accumulating Bitcoin on dips and a break above $11,600 could resume the uptrend to $12,000. <p>Data from Skew shows Bitcoin’s (BTC) spot volume on LMAX Digital, an exchange that mainly caters to institutions, has overtaken retail-oriented exchanges. This signals…
“# Will the dollar’s weakness result in Bitcoin finally breaking $12,000? ” Historically, a weaker United States Dollar leads to strength across other “safe haven” assets. By analyzing the correlation, such momentum and conclusion can also be drawn with Bitcoin (BTC) and the USD. Bitcoin has gained in 2020 as the U.S. Dollar Currency Index…
“# Stablecoins race ahead: Fiat-backed crypto booming amid uncertainty ” Despite this year’s uncertainty that has plagued the global economy, 2020 will go down as the year of the stablecoins due to the digital sector’s tremendous growth, with new developments emerging across the board. While some attribute this growth to the booming interest in decentralized…