Wednesday, January 20, 2021
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Election Bets Drive Fee Spike at Predictions Platform Polymarket

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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Fintech Firm Fasset to Launch Zero-Trade Fee Crypto Trading Platform for Countries in the Gulf Region

A new cryptocurrency trading platform is gearing up to offer zero-fee trades to users in six countries in the Gulf Region. Announced on Thursday, the platform Fasset Exchange (FEX)  has started sign-ups for its private beta and is planning a public rollout later this year.  Source

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Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage

Bitcoin took a dive Wednesday. Ethereum miners are benefiting from all that DeFi. Bitcoin (BTC) trading around $11,396 as of 20:00 UTC (4 p.m. ET). Slipping 4.8% over the previous 24 hours.Bitcoin’s 24-hour range: $11,159-$12,058BTC above its 10-day moving average but below the 50-day, a sideways signal for market technicians.Bitcoin trading

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