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Chainlink, Binance Coin Weekend Rally Stalls On Monday


On Monday, chainlink (LINK) and binance coin (BNB) corrected some of their gains gathered in a post-crash rally this past weekend. While BNB jumped by around 20% in a matter of three hours yesterday, LINK increased by 35% during the weekend. At pixel time, (11:28 UTC), LINK corrected some of...

Bitcoin and Altcoins Remain At Risk Of Further Correction


This past week, we saw a strong decline in bitcoin price below USD 11,000 and USD 10,500. BTC even dived below USD 10,000 briefly. It is currently (08:30 UTC) consolidating losses and facing many major hurdles on the upside near USD 10,350, USD 10,450, and USD 10,500. Similarly, most major altcoins...

Private Software Firm Says It Is Working on China’s CBDC Project


Another Chinese private sector company has admitted it is working with the nation’s central bank on its rapidly expanding digital currency pilot project – the second private firm to make such a claim this week. Per NetEase, a mobile pay software provider named Weifutong Technology has revealed...

Binance Coin is Undervalued, KuCoin Shares Overvalued - TokenInsight


Certain exchange platform tokens like binance coin (BNB) are undervalued, while others, like kucoin shares (KCS) are overvalued, according to the latest report by token data and rating agency TokenInsight. Some, however, have 'left' their grade at the time of the writing. The report noted that...

Brazil Dips a Cautious Toe in the CBDC Pool, Token May Debut in 2022


Brazil has become the latest nation to unveil plans for a central bank digital currency (CBDC), and may unveil the digital real in two years’ time – but the token’s would-be architects added an all-too-familiar, non-committal caveat. Per an official release from the Banco Central do Brazil (BCB)...

Tron Wins the Daily Market as JustSwap Shows Arguable Volume Change


Justin Sun. Source: a video screenshot, Youtube, Praxis Media Group Tron network's native coin TRX is continuing its rally, reaching the coveted spot of the top daily performer among the top 40, as well as the top weekly performer among the first 20 coins by market capitalization. This comes...

As 'Apathy Towards Privacy' Prevails, This Firm Says It Can Track Monero


While claims that US crypto intelligence firm CipherTrace can track transactions in monero (XMR), the most popular privacy coin, was met with skepticism, other analysts warned about "user apathy towards privacy." Yesterday, CipherTrace announced what it calls as the world’s first...

Bermuda and Stablehouse Join Forces To Launch New Stablecoin


The government of Bermuda has teamed up with stablecoin platform Stablehouse to launch a test pilot program for a stablecoin, which the territory calls a digital stimulus token, allowing purchases of food and other essential products, as well as services from participating merchants and retailers....

ADA Rallies After Founder Says He Is 'Very Obsessed with DeFi'


Charles Hoskinson. Source: a video screenshot, Youtube/Charles Hoskinson Despite smart contract rival Ethereum (ETH) already dominating the space, Cardano (ADA) founder Charles Hoskinson hinted strongly that decentralized finance (DeFi) is an area of intense focus for Cardano, saying in a live...

Coin Race: Top Winners/Losers of August; Chainlink Up Most, BSV Least


Was August a good month? Depends on which coin you ask. For many in the wider market, it was an excellent month, yet for many in the top 10 coins by market capitalization, the month ended in red. August was a month filled with decentralized finance (DeFi) developments, particularly in the yield...

Tron Soars as Genesis Mining of New SUN Tokens is Confirmed


As Justin Sun’s plan of driving more decentralized finance (DeFi) projects to the Tron blockchain moves one step forward, Tron’s native token TRX stands out as one of today’s top performers in the crypto market. As of 9:00 UTC today, TRX was up by nearly 14.5% over the past 24 hours, trading at...

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