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Nick Chong · 2 months ago · 2 min read
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Bitcoin and Ethereum may be crashing but this hasn’t stopped DeFi projects from gaining traction.
High-net-worth investors are not all that bearish on Bitcoin despite the recent drop.
On November 26, the Bitcoin futures market recorded nearly $800 million in long contract liquidations alone.
According to a report from CoinDesk, the Chinese government has seized $4.2 billion worth of cryptocurrencies.
Russia has enjoyed an on-and-off relationship with cryptocurrencies, with ever-changing regulations and official perceptions fluctuating between periods of yes crypto and no crypto.
Bitcoin’s market capitalization has exploded higher by approximately $100,000,000,000— or $100 billion — over the past 30 days alone.
Bitcoin’s latest price slump wiped out over $100 million in value from MicroStrategy’s crypto portfolio.
It’s the festive season and that time of the year where new deals, business offers, discounts, buy one get two free, and (err..and even scams?) offers light up internet buyers around the world.
Bitcoin has faced a steep correction since Wednesday’s highs of $19,600, the highest the cryptocurrency has traded since the late 2017 highs.
It appears we just saw our latest DeFi exploit/attack, but this one was much different than all the rest.
Veterans will say it’s the same story in a different dress.
The Bitcoin futures funding rate has declined across major cryptocurrency exchanges in the past 48 hours.
The crypto market has developed massively since 2017 and 2018, with the introduction of complex derivatives products, regulation, and liquidity through prominent market makers like Jump Trading and Alameda.
If you’ve been in the Bitcoin game long enough, you probably wake to new price targets daily, each more outrageous than the last one.
Avalanche, the highly-scalable, open-source platform for launching decentralized finance (DeFi) applications, has begun the final phase of testing of a bridge to connect its ecosystem to Ethereum, it said in a release shared with CryptoSlate.
The last time the total market capitalization of cryptocurrencies surpassed $500 billion, in December 2017, the industry had no idea a world-shattering crash was waiting just around the corner.
XRP has surged over 133% in the past week, and over 150% in the past month alone.
The price of Bitcoin has been hugely outperforming gold throughout November.
With a week left before the official November product update, Charles Hoskinson, the CEO of IOHK, took to YouTube to share a brief glimpse of what’s been accomplished at Cardano this month.
Economists at the Federal Reserve Bank of New York suggest that privacy concerns at “Big Tech” firms like Facebook—which are developing their own digital currencies—could help position Central Bank Digital Currencies (CBDCs) as a better alternative.
IOHK, the company behind Cardano, has introduced Smash—a new metadata framework that will act as a better and more accurate source of stake pool information.
Bitcoin has undergone a strong rally since the lows of September and October.
XRP has ripped higher over the past few days as the coin finally begins to catch up with Bitcoin and the decentralized finance (DeFi) market.