Monday, May 24, 2021
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DeFi growth helps push crypto’s share of the global money supply above 2%

This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE)

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African crypto exchange registers $3.2B in transactions ahead of global expansion

After nearly three years in operation, Nigerian cryptocurrency exchange Quidax has reported more than $3.2 billion in transactions, underscoring the rapid adoption of digital assets in Africa’s largest economy.Since launching in August 2018, Quidax has amassed over 400,000 customers across 72 countries, the company disclosed Monday. The figures were published

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Blockchain Global Market Report Shows Growth in Covid Era due to Demand for Safety and Transparency – Blockchain News, Opinion, TV and Jobs

With an annual growth rate (CAGR) of 79%, the blockchain market is looking towards a bright future. This recent growth (2020-2021) is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures

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Supply chain tokens see triple-digit gains as the global economy recovers

Over the last few weeks, blockchain projects focused on supply chains and logistics have seen tremendous growth as the coronavirus-induced economic gridlock begins to loosen and future concerns related to the global pandemic subside. Three logistics projects that have benefited from the improving economic outlook are OriginTrail (TRAC), Waltonchain (WTC)

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Bitcoin Holds $50,000 on Global Corporate FOMO; What to Expect?

An early morning sell-off in the Bitcoin market hinted at calming down after more corporates revealed their investments into the cryptocurrency. Meitu, renowned globally for its photo editing app, incorporated $17.9 million worth of Bitcoin and $22.1 million worth of Ether (the native cryptocurrency of the second-largest blockchain project, Ethereum) into

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Professional traders need a global crypto sea, not hundreds of lakes

Coinbase’s IPO announcement has been hailed as “a milestone for the crypto industry” by Fortune Magazine. Similar to the Netscape IPO announcement that signaled the legitimacy of the internet, Coinbase’s impending public offering signals to the public at large that cryptocurrency trading is legitimate, legal and secure in the eyes

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