The cryptocurrency industry has evolved gradually over time, giving rise to a whole new industry segment, better known as DeFi – short for Decentralized Finance. With the implementation of smart contracts on a decentralized ledger, the crypto industry has successfully created an alternative to the traditional financial sector. Even though DeFi platforms are not going…
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Derivatives are one of the fastest-growing crypto markets, with futures volume vastly outstripping the spot. Once the preserve of pro traders only, derivatives exchanges have lowered the barriers to entry, making it easier for novice traders to gain exposure to futures products. The best of this new breed of exchanges balances offering high leveraged products…
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Ripple found is facing a major resistance near $0.5000 against the US Dollar. XRP price must stay above $0.4450 to avoid another downside break in the near term. Ripple is facing an uphill task near the $0.4950 and $0.500 resistance levels against the US dollar. The price is now consolidating above $0.4500 and testing the…
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Ethereum is consolidating gains above $1,750 against the US Dollar. ETH price is likely to start a strong increase towards $2,000 as long as it is above the $1,700 support. Ethereum failed to clear the $1,850 resistance and corrected lower below $1,800. The price is now holding gains above $1,750 and the 100 hourly simple…
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Bitcoin price is showing positive signs above $55,000 against the US Dollar. BTC is likely to surpass $58,000 and trade to a new all-time high in the near term. Bitcoin climbed further above the $55,500 and $57,000 resistance levels. The price is now consolidating above $55,000 and it is well above the 100 hourly simple…
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Bitcoin price is once again soaring, retesting resistance near the current all-time high. According to a top expert on the leading cryptocurrency, the asset’s price chart has become a sort of “manipulation gauge” that measures ongoing economic growth “engineering” by governments. If that’s the case, resistance won’t be able to hold Bitcoin back much longer,…
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Today, people can gamble using bitcoin at a variety of online casinos. Online gamblers seeking to avoid cumbersome regulations and enjoy seamless transactions now embrace Bitcoin-friendly casinos. Although some traditional online casinos have made it quite stressful and daunting for gamblers to use crypto, others are embracing digital currencies. With cryptocurrency that is powered by…
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Overnight last night, the Twitter accounts of many crypto influencers and top Bitcoin supporters mysteriously were suspended without warning. Speculation pointed to accounts being targeted that had previously been tweeting about the popularity of NFTs, causing conspiracy theories to circulate and other major accounts to go private. Here’s what’s really going on behind the strange…
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In the past few days, NFT marketplace Rarible has seen a new number one. The top sellers’ list is dominated by DeFi gaming platform AnRKey X, which has comprehensively taken over the NFT leaderboard with no celebrity attached as well. AnRKey X achieved a sales volume of over double its closest NFT selling competitor and…
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The trend started with CryptoKitties in 2017 but remained more of a gimmick for a while. In recent months, however, NFTs seem to have outgrown this stage. A booming market has emerged where platforms for trading NFTs, their issuers, and buyers meet. Among the issuers, Ethernity increasingly finds artists, institutions, and icons to create an…
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