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NIX Bridge Token, the Gateway to Private DeFi – Presale Now Live

17.10.2020
It has become impossible to imagine the cryptocurrency market without DeFi. The exponential growth this field is experiencing has also sparked interest among those concerned about the state of privacy. NIX Platform recently announced a unique advancement within the privacy field by developing...

Americas' Share in Crypto M&A and Fundraising is Shrinking

15.10.2020
The Americas are loosing their share in crypto mergers and acquisitions (M&A) and fundraising, according to major consulting company PwC. In their latest report which looks into the first six months of 2020, PwC found that the total value of crypto M&A in the first half of this year...

Digital Yuan Recipient Says Chinese CBDC Is ‘Just Like Using Alipay’

14.10.2020
Many of the recipients of the recent digital yuan giveaway have spoken out to news agencies and on social media as the first non-testbed users of the forthcoming central bank digital currency (CBDC) start spending their tokens – with some stating that using the token is “no different” from using...

Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting

10.10.2020
The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also...

Bitcoin and Altcoins Turn Red After Rejection Near Range Highs

2.10.2020
Bitcoin price failed to clear the key USD 10,950 and USD 11,000 resistance levels. As a result, there was a sharp bearish wave below the USD 11,650 support. The price is currently (08:30 UTC) down 4% and it could continue to move down towards the USD 10,200 support zone. Similarly, most major...

A Complete Guide to Earning 5K a Month Passive Income During Covid-19

2.10.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com. 2020 has been a challenging year for everyone. Many people have been hit hard as a result of COVID 19 and with ongoing lockdowns and layoffs people are looking for ways to earn a steady monthly income from...

'25 Million'-follower TikTok Star Bryce Hall Gets on Bitcoin Gravy Train

30.9.2020
A TikTok star who claims to have “around 25 million followers” has posted about bitcoin (BTC) on social media and launched a podcast series with Anthony “Pomp” Pompliano, a prominent crypto advocate and broadcaster – in a move that commenters believe will have “12-year-olds” spending their “lunch...

Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding

17.9.2020
The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy....

Pool-X Launches BurningDrop, Supporting KTSt Genesis Mining

17.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com. On September 16, 2020, KuCoin, an IDG-backed crypto exchange, announced that its Pool-X platform has launched the BurningDrop program and will provide services for the Kratos Genesis token (KTSt) Distribution....

MicroStrategy CEO On Buying Bitcoin While Trillions 'Melting' In Treasuries

17.9.2020
Michael Saylor, the co-founder of MicroStrategy, an American software company that famously used its balance sheet to buy over USD 400 million worth of bitcoin (BTC), said that his firm’s investment was “not a bet” – and claimed that big-business players may turn to crypto out of a “fiduciary...

Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining

17.9.2020
The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.5% from a year ago. This growth led to the inevitable decline of...

Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market

9.9.2020
Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets...

DeFi Frenzy Proves the Power of Bitcoin; Correction Incomming – Novogratz

2.9.2020
Mike Novogratz. Source: a video screenshot, Youtube, ConsenSysMedia The current macroecomic backdrop, as well as the frenzy surrounding decentralized finance (DeFi), has proven just how “powerful” bitcoin (BTC) is as a store of value, according to Mike Novogratz, founder and CEO of Galaxy Digital....

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