Day: October 3, 2020

DeFi tokens are oversold but revenue and TVL show traders expect a bounce

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Over the last month the crypto market has seen a significant amount of volatility as a 6-month altcoin bull market abruptly came to an end with the most recent Bitcoin (BTC) price rejection at $12,000. At the same time, the DeFi sector saw an amazing run as the total value locked in DeFi platforms surged above $10 billion but at the time of writing the sector is in the midst of a mild correction. DeFi index daily, weekly, monthly gains. Source: Messari.io As reported by Cointelegrah, when Bitcoin (BTC) and…

It’s Time Yoko Ono Stops Getting Hate Over The Beatles, Or John Lennon

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Yoko Ono is once again suing her husband’s former assistant, Frederic Seaman, over copyright infringement. This is the third time Ono has taken Seamen to the courts over publishing stolen photos of the Lennon family. When will Yoko be able to live her life in peace? She’s 87, but she’s proving she can still put up a fight. It’s crazy that after 50 years, people are still blaming Yoko Ono for breaking up The Beatles. Anytime a woman comes between something now, that woman is called a “Yoko”. Even Meghan…

All Currencies Will Be Pegged to Bitcoin, Says ‘Price of Tomorrow’ Author Jeff Booth

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Entrepreneur and popular author Jeff Booth has predicted a grim future for fiat currencies, expecting them to fail as central banks keep printing money. Foreseeing an unavoidable, severe depression and banking failure, he believes bitcoin will become the world’s reserve currency and all national currencies will be pegged to it. ‘Highly Likely’ Bitcoin Will Become the Reserve Currency The author of “The Price of Tomorrow: Why Deflation is the Key to an Abundant Future,” Jeff Booth, has made the case that bitcoin will become the world’s reserve currency and all…

Tron (TRX) Surges 10% Higher Amid Ongoing Pivot to DeFi

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Tron (TRX) has surged 10% in the past 24 hours, defying a stagnation in the price of both Bitcoin and Ethereum around local lows. For context, BTC and ETH have both gained around 1% in the past day. TRX’s rally comes as the blockchain has been seeing an ongoing pivot to offer decentralized finance (DeFi) applications to its users. This has been a successful pivot thus far, with blockchain analytics companies noting a strong uptick in transaction volumes. Tron’s 10% performance on Saturday also comes shortly after a critical report…

Carson Wentz Is Starting to Resemble Another Talented Disappointment

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A few years ago, Carson Wentz looked like a lock for MVP before a knee injury ended his season early. After dealing with injuries the last few years, he doesn’t look anything like his near-MVP self. His career is looking more and more like another former first-round quarterback. If that remains the case, the end could be near for Wentz. When the Philadelphia Eagles made Carson Wentz the No. 2 selection of the 2012 NFL Draft, people expected great things of the North Dakota State quarterback. During his sophomore season…

Kevin Durant Is Already Using Kyrie Irving Far Better than LeBron

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Kevin Durant had Kyrie Irving as the first guest on his new podcast. During the podcast, Irving said several controversial statements. Durant has just used Kyrie to bring more eyes to his new venture. Kevin Durant may never be quite as good as peak LeBron James on the basketball court. But he might get close to him as a businessman. He showed it with his new podcast, which featured Kyrie Irving in the first episode. Kyrie Irving Said What?! If you’re a basketball fan, you’ve no doubt heard the blasphemy…

Interest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment

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A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a huge spike in the number of members interested in bitcoin mining and trading. Egyptians Increasingly Attracted to Bitcoin Many Egyptians are drawn to bitcoin amid the coronavirus pandemic, economic crisis, and resulting unemployment, Al-Monitor news outlet reported last week. A bitcoin mining and trading expert, Muhammad Abd el-Baseer, is a leading member of the Bitcoin Egypt Community, one of Egypt’s professional online communities for people interested…

How Trump’s Covid-19 Case Could Impact Markets

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Stocks and oil slipped on Friday after Trump tested positive for coronavirus. Uncertainty is increasing volatility in the markets, sparking a rush to safe-haven assets. Another stimulus deal would support the stock market. Global stocks and oil slide after President Donald Trump announced that he and First Lady Melania Trump tested positive for the virus just weeks before the U.S. presidential election. Stocks Slide as Investors Rush Into Haven Assets Wall Street and global stocks declined across the board on Friday. Commodity markets were also under pressure, with crude oil…

LeBron James Is the Master of Subtle Shade

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Over the years, LeBron James has developed a reputation as a master of throwing subtle shade. Kyrie Irving appeared to take a shot at James during a recent appearance on Kevin Durant’s podcast. When asked about his relationship with Anthony Davis Thursday afternoon, James appeared to take a shot of his own at Irving—but much less obvious. LeBron James has been one of the best basketball players in the NBA for years. But he has also been more than a basketball player—he has been an entertainer, too. This is not…

Here’s Why You Should Buy Gold Ahead of These Whacko Elections

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The United States is sarcastically called a “third world country in a Gucci belt,” and things seem to be getting worse. The recent presidential debate between Donald Trump and Joe Biden doesn’t give the American people much hope for responsible and cohesive leadership any time soon. Investors should consider buying gold as a safe haven against the worsening political situation in the country. On September 29, incumbent President Donald Trump and his rival Joe Biden squared off in the country’s first presidential debate of the 2020 election. The two candidates…