November 24, 2020

Zcash Has Formed A New ATL 😅 | ZEC Technical Analysis (10 Nov 2020)

November 24, 2020 boss

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CNBC’s Ran Neuner launches world’s first 24/7 crypto call-in station

November 24, 2020 boss

The world’s first live-streaming platform dedicated to cryptocurrency is going live just in time for the 2021 bull market. Ran Neuner, host of CNBC’s Crypto Trader show, has launched the first call-in media channel devoted exclusively to cryptocurrency. Dubbed CryptoBanter, the station features a blend of news, opinions, interviews and live discussions with industry leaders. CryptoBanter aims to be the world’s first crypto-based streaming platform available 24 hours a day, 365 days a year. The new service is designed to provide viewers with an alternative source of “credible, live information”…

DeFi protocol 1inch set to be the first to expand to the NEAR blockchain

November 24, 2020 boss

The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch, will be the first Ethereum DeFi protocol to develop on NEAR, a sharded smart contract platform. As part of a collaboration announced on Tuesday, the 1inch team pledged to port its automated market maker protocol to NEAR. Sergej Kunz, CEO of 1inch, told Cointelegraph that its Pathfinder aggregation algorithm will be eventually implemented as well. The NEAR iteration of Mooniswap will remain independent from the existing version on Ethereum for the time being. While users will be able to use…

Bitcoin price now eyeing $20K after XRP shocked the crypto market

November 24, 2020 boss

The price of Bitcoin (BTC) surpassed $19,000 on Nov. 24 for the first time in nearly three years. It followed an XRP flash crash on Coinbase, which trembled the crypto market. The two incidents could be entirely coincidental. Although considering that BTC price surged almost immediately after the XRP drop, there could be a correlation. BTC/USDT 4-hour chart (Binance). Source: TradingView.com How XRP’s price rally could have triggered Bitcoin to new highs As Cointelegraph reported on Nov. 24, the price of XRP spiked by nearly 80% in 48 hours. As the…

Japan’s SBI Group Launches Crypto Lending Service

November 24, 2020 boss

Customers would be able to earn 1% on their deposits for 84 days. Currently, deposits of as low as 0.1 BTC and as high as 5 BTC will be allowed. Japanese financial giant SBI Group has announced that it has hit the ground running with crypto lending service starting today. According to the company, this is being done through its subsidiary SBI VC Trade. The company has decided not to charge any fee for account management or annual membership. Also, there would not be any fee on crypto and Japanese…

Bitcoin History: From Cypherpunk to Crypto Anarchy

November 24, 2020 boss

Start with the realization that the cypherpunks were right. Back in the early 1990s, prescient software guys got both excited about the internet and anxious about a future in which it would ruin every meaningful bit of privacy. The cypherpunks’ work and their writings laid out the assumptions that would drive the cryptocurrency industry, years before the Bitcoin White Paper was even committed to text. But as bitcoin’s price nears an all-time high, it’s important to understand one thing: The industry tends to give “cypherpunk” vibes a great deal of…

Why Ripple (XRP) Soared 140% This Week to Reclaim Third Spot From Tether

November 24, 2020 boss

In a surprising turn of events, Ripple’s XRP is up 140% this week, making it the biggest top ten gainer of the past seven days. There’s no denying that XRP is a divisive token that draws criticism on multiple fronts. Recent blasts include the uncertainty bought about by the SEC’s indecision over XRP as a security and condemnation over its practice of XRP dumping, which stopped at the end of 2019. The situation wasn’t helped by almost two years of price decline and stagnation. In fact, during this period, XRP…

AvePoint to Go Public via $2 Billion Merger with Apex Technology

November 24, 2020 boss

AvePoint’s business has gained from a spike in adoption of Microsoft Cloud with more users moving to work virtually during the COVID-19 pandemic. AvePoint Inc, a cloud data management firm that is backed by Sixth Street investment firm, is scheduled to go public. The move by AvePoint will involve a merger with blank-check firm Apex Technology Acquisition Corporation in a deal that is estimated to be worth $2 billion. On the back of that announcement, Apex shares gained over 2% on November 23. AvePoint is recognized as the biggest data…

West Coast Aquaculture (WCA) Completes $3.65M IPO with Over 89% Raised via Tether (USDT)

November 24, 2020 boss

West Coast Aquaculture (WCA) stocks are now listed on the Sydney Stock Exchange under the SSX code 833. As cryptocurrencies get globally accepted, an Australian-based West Coast Aquaculture (WCA) has announced that it successfully completed raising $3.65 million via IPO with over 89% through Tether (USDT). According to news outlet Coindesk, the WCA crypto IPO was facilitated by a fintech firm STAX. “The successful WCA capital raise and IPO, paves the way for the future of capital markets in Australia”, said STAX CEO Kenny Lee. The use of digital assets…

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November 24, 2020 boss

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