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Bitcoin (BTC) has bounced back above the $32,000 level today, but Guggenheim chief investment officer Scott Minerd believes that the current institutional demand is not sufficient to keep the price above $30,000 for long. Despite this view, Minerd continues to believe that the current downturn does not alter the long-term
Read MoreKNC is the native cryptocurrency of the Kyber Network, an Ethereum-based decentralized exchange that aggregates liquidity (cash for executing trades) and facilitates instant swaps for ether and ERC-20 tokens.After an initial coin offering (ICO) in 2017 that raised $60 million, the project was launched in early 2018. The network is
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Kyber Network’s next protocol upgrade, dubbed Katalyst, is expected to go live on July 7. In an emailed announcement on Monday, Kyber said the upgrade will usher in changes around the role of its native token, the Kyber Network Crystal (KNC), aimed at attracting more participants to the protocol’s development. The Katalyst
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Kyber Network, the ethereum-based protocol focused on aggregating liquidity and facilitating swaps for ERC-20 tokens, is about to launch a major upgrade.Planned to go live in Q2 2020, the Katalyst upgrade is a major upgrade to the Kyber protocol to better meet the liquidity needs of the decentralized finance (DeFi)
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