Cryptocurrency Analysis and News Portal
Prices for MKR, an Ethereum-based governance token, surged to their highest levels in more than two years on Wednesday. MKR was trading at $1,068.53 as of press time, up 44% in the past 24 hours. However, it was trading at $1,251.14 earlier in the day, close to its Jan. 21,
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2020 was the most important year for the crypto derivatives market so far. Both Bitcoin (BTC) and Ether (ETH) derivatives steadily grew throughout the year, with their futures and options products available across exchanges such as the Chicago Mercantile Exchange, OKEx, Deribit and Binance. On Dec. 31, Bitcoin options open interest
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Bitcoin has been the best performing major cryptocurrency by far, with most large altcoins severely underperforming it throughout
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In today’s digital world, most people prefer cashless transactions to a cash payment and this is the reason why cryptocurrencies have become extremely popular among people all across the world. Way back in 2009, the introduction of the first major digital currency “Bitcoin”, transformed the financial sector. Ever since its
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Swiss-based Valour says its bitcoin ETP is the first with no fees. Source
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The price of VeChain (VET) extended its rally on Wednesday, building off a solid week of gains following discussions with Chinese government officials centered on a post-epidemic health response. VeChain rose 2% on Wednesday to reach $0.011669, according to CoinMarketCap. Over the past seven days, the supply-chain management cryptocurrency is up
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In Q3 2020, MoneyGram continued to receive huge “market development fees” from its investors. Its major partner Ripple handed over $9.3 million over the period. Money transfer company MoneyGram International Inc (NASDAQ: MGI) has joined other firms that shared their Q3 2020 financial results. The company has delivered its third-quarter earnings,
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Despite explosive third-quarter growth in the security token sector, Overstock’s Q3 2020 earnings report reveals that its tZERO alternative trading system (ATS) has continued to lose money.The ATS specializes in security tokens, consistently hosting more than 95% of the sector’s monthly trade volumes. tZERO saw dramatic growth in recent months,
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The Department of Commerce’s new report shows 33.1% annualized GDP growth in Q3, but does this really tell us much about the state of the economy?The Department of Commerce released its Q3 GDP numbers. Touted as record growth, this is actually a much more complicated story. In this episode, NLW
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The $1 billion in deposit growth from digital asset banking at crypto-friendly Signature Bank was driven in part by the bank holding the dollars backing stablecoins, CEO Joseph DePaolo said on a third-quarter earnings call Tuesday.Prominent stablecoins like USDC, PAX and TUSD are backed by actual dollars held in bank
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