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Cardano’s native asset ADA was among the best performers on Wednesday as bulls pushed its price up by more than 18 percent. The fourth-largest cryptocurrency hit $0.87, its highest levels in more than three years, as traders increased their bids for top Ethereum rival assets. They include Polkadot’s DOT (+5%), Avalanche’s
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The price of bitcoin blew through $46,000 for the first time ever like a light saber through cotton candy as Tesla’s announcement earlier Monday that it had bought $1.5 billion of the leading cryptocurrency added jet fuel to its record run.UPDATE (Feb. 8, 23:35 UTC): Updates to add bitcoin passed
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Ethereum pauses at record high, bitcoin's rally stalls, DOGE MoonsEther (ETH) prices were lower after surging 10% on Wednesday to a new record, climbing past $1,600 for the first time. The recent gains appeared driven by signs of growth on the cryptocurrency’s underlying Ethereum blockchain network, as well as interest from
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After gaining the spotlight due to a 980% pump on Jan. 28, Dogecoin (DOGE) briefly entered the top 10 ranking by market capitalization for the first time since 2015. Once the massive pump lost momentum and traders quickly took profits, it seemed that investors would move on past the meme-based
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A top gambling tech company has patented a way for bitcoiners to pay for their next digital roll of the dice with cryptocurrency.International Game Technology Plc, which builds slots and other tech for casinos, has yet to reveal any plans to integrate bitcoin, bitcoin cash and ether into its tech.
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Meanwhile, funds that trusted oil and gas, suffered losses. In particular, the Direxion Daily S&P Oil&Gas E&P 2X ETF lost 97.3% this year. The Direxion Daily Junior Gold Miners Bear 2X ETF plunged 95.5% in 2020.This year, the coronavirus pandemic has upended the market and challenged investors, both institutional and
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Gnosis, one of Ethereum’s earliest ICOs, is spinning up a DAO that uses a novel mode of governance you’ve probably never heard of.The newly launched GnosisDAO will allow Gnosis users to vote on platform governance and development.Gnosis CEO Martin Köppelmann told CryptoX the DAO’s voting proposals “can be really wide-reaching:
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Decentralized predictions platform Polymarket has passed DeFi protocol SushiSwap to become the fourth-highest blockchain project in terms of fees generated.According to Cryptofees, the platform is averaging over $100,000 in daily takings and currently trails behind first-place Bitcoin, Ethereum (second) and DeFi protocol Uniswap (third).The rise is partly due to
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The Dow Jones rallied strongly ahead of Tuesday’s presidential election as early voter turnout breaks records.There’s evidence of “blue wave” bets in the stock market as cannabis and solar ETFs outperformed.JPMorgan knocked Dow giants Apple and Microsoft after shifting to neutral on tech.The Dow Jones rallied 250 points on Monday,
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Institutions hold record bullish beets in CME Bitcoin futures as the cryptocurrency shows resilience to negative news. Source
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