Yearn.finance (YFI) Sees Disastrous Performance; Here’s What’s to Blame
Yearn.finance’s YFI governance token has seen its first relief rally in ages, with bulls moving to form a
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Sees
Bitcoin sees record 100 days above $10K as one analyst eyes ‘parabolic’ 2021
Bitcoin (BTC) has officially beaten a new record as BTC/USD trades above $10,000 for 100 days, and major gains should come next.As voting in the United States’ presidential election ended on Nov. 3, Bitcoin saw a landmark moment of its own — 100 days straight trading in five figures.Bitcoin sees
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Bitcoin’s Mining Difficulty Sees Largest Percentage Drop in 9 Years
Bitcoin’s mining difficulty just recorded its largest percentage decrease since the advent of ASIC mining machines in late 2012, dropping by just over 16% and giving miners a reason to celebrate as their profitability is set to increase significantly.Difficulty dropped to 16.787 trillion at around 9:00 UTC on Tuesday, its
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Decentralized VPN Sees Increased Use in Nigeria Amid #EndSars Protests
Nigerians are adopting more VPNs, including decentralized VPNs.The adoption comes as #EndSARS protestors are concerned the government may limit access to parts of the internet.Mysterium, a decentralized VPN, is trying to reach crypto users in parts of the world that grapple with actual and potential internet censorship.The decentralized virtual private
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Deribit Sees Record Bitcoin Options Volume as Activity in $36K Calls Surge
Daily volume for bitcoin options have hit lifetime highs on crypto derivatives exchange Deribit. Source
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Chainlink Could “Dumpster Dive” if Bitcoin Sees Continued Weakness
Chainlink has recovered from its recent lows and is in the process of pushing higher despite seeing a
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Bitcoin price sees pullback, but bulls still marching toward $20K
The price of Bitcoin (BTC) has increased by 36% in the last 35 days, showing a strong rally. The market sentiment has been optimistic due to rising institutional demand and the perception of BTC as an inflation hedge. But after a large uptrend, the belief that BTC may pull back has
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JPMorgan’s stablecoin finally sees commercial light of day
A year-and-a-half after it was first announced, JPM Coin — JPMorgan Chase's in-house stablecoin — is now live and in use by a major transnational tech firm for round-the-clock cross-border payments.According to a report on Oct. 27, this real-world proof that the technology is increasing efficiency and reducing costs has bolstered the megabank's
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Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers
Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020, according to an earnings report released before market-open on Monday.The cost of those deposits dropped from 0.37% down to 0.01% and the bank’s fee income for digital currency
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Bitcoin Sees Significant Breakout as Analysts Claim “$13,000 is on the Table”
After an extended period of consolidation that provided little insight into Bitcoin’s near-term outlook, the cryptocurrency was able
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