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Bitcoin on-chain volume hits a 1-year high with only 3.6% coming from exchanges
10.9.2020
Yet Bitcoin exchange trading volume has not declined
Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
10.9.2020
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent...
Minecraft is set to launch its own NFTs before the year is out
9.9.2020
This will be made possible thanks to an alliance between a number of top industry players
Crypto Exchange Kraken Returns to Japan After Two-Year Hiatus
9.9.2020
Kraken's Japanese subsidiary, Payward Asia Ltd., is expected to launch operations in mid-September
September is Bitcoin’s Worst Month & It Can Get Worse This Year - Kraken
9.9.2020
September is historically the worst month of the year for the price of bitcoin (BTC), with an average return of -7%, a new report from major crypto exchange Kraken warned.
This year, BTC has underperformed relative to historical monthly averages, which, according to the company, means that...
Crypto Exchange Kraken Makes Japan Return After Two-year Absence
9.9.2020
Major American crypto exchange operator Kraken is set to return to Japan after an absence of over two years – under the umbrella of its Tokyo-based Payward Asia subsidiary.
The San Francisco-based firm was forced to exit Japan back in April 2018, citing rising business maintenance costs. However...
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...
How to Leverage Uniswap – Ethereum’s Noncustodial Defi Trading Platform
6.9.2020
In 2020 decentralized exchanges (dex) have grown quite mature compared to just a few years ago. One specific dex gathering a lot of steam this year in the defi world is Uniswap, a trading platform that held $1.3 billion locked in value and dominated most defi applications by over 18% Friday...
Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year
4.9.2020
Bitcoin and ether can be used to pay taxes in the Swiss Canton of Zug starting next tax season. Zug’s crypto valley is home to many cryptocurrency businesses, and by accepting bitcoin and ether for tax payments, the canton aims to “promote and simplify the use of cryptocurrencies...
Not good for Bitcoin: US dollar is rebounding from multi-year support
3.9.2020
The U.S. dollar has rebounded from a crucial multi-year support area and the price of Bitcoin and gold are simultaneously rejecting
Swiss Canton Zug to Accept Taxes in Bitcoin, Ether From Next Year
3.9.2020
Citizens and companies in Zug will be able to pay up to $109,000 of their tax bill in either bitcoin or ether from February next year
Pornhub Accepts Bitcoin: Top Adult Site Expands Cryptocurrency Payment Options
2.9.2020
Pornhub now accepts bitcoin as the platform expands its cryptocurrency payment options. The leading adult video streaming website has over 12 million videos, more than 130 million daily visitors, and was visited 42 billion times last year, according to the platform. Pornhub Accepts Bitcoin Pornhub...
Loopring (LRC) Trades Bullishly & Breaches 2-Year Resistance
2.9.2020
Loopring is open-sourced protocol to give a high-level throughput. It powers highly scalable DEXs by batch-processing thousands of off-chain requests with completely correct executions through ZKPs. The native token of the decentralized exchange is one of the lucrative DeFi supporting cryptos...
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
2.9.2020
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. Earlier rate adjustments, one in March and another...
Major Swiss Insurer Adds Bitcoin and Ether Payments
2.9.2020
Atupri, a Swiss health insurance provider, said Monday that its 200,000 customers will now be able to make payments using bitcoin and ethereum. The 110-year old firm claims it is the “first” insurer in Switzerland to accept cryptocurrencies. In a statement, Atupri said payments will...
Come to Web Unleashed!
1.9.2020
(This is a sponsored post.)
Web Unleashed is a fun conference. I’ve been a number of times. I’m sure you won’t be surprised that it’s online this year, like most events.
And, hey, it’s coming up and will take place over three days, October 5-7, 2020. I’d really...
Kyber Network (KNC) Plummets After Breaching a 2-year High
1.9.2020
Kyber Network is a blockchain-based platform that provides liquidity, and the infrastructure is such that it supports Decentralized Finance. The network collects liquidity from various springs such as Market Makers, Token Projects, Liquidity Pools, Token Holders into a single pool, accessing...
Ether Price Hits 2-Year High
1.9.2020
The two-year high was reached alongside a drop in the number of coins held in exchange addresses
Bitcoin Will Break Out This Year, Says Devere CEO
30.8.2020
The CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. presidential election and the weak dollar. Amid political uncertainty and the Fed’s new inflation policy, investors will pile into safe-haven assets not tied to...
3.5 Million Crypto Wallets Downloaded in July, Active Users up 110% in the Year
29.8.2020
A record 3.5 million crypto wallet app downloads were recorded in July 2020, representing an increase of 81% when compared to the same period last year. In addition, the number of active users went up by 110% between January 1 and August 19, 2020. According to a report authored by Madeline Lenahan...