Day: January 27, 2021

3 reasons why Uniswap (UNI) token hit a new all-time high above $15

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Uniswap’s decentralized exchange has emerged as one of the critical pieces in the decentralized finance sector, with the DEX benefiting from the first-mover advantage after it became the go-to exchange for new projects and traders in 2020.  In late 2020, 400 UNI tokens were distributed to all wallet addresses that previously provided liquidity on the platform at at its peak thhe impromptu airdrop was worth north of $3,500. By late October of 2020 the DeFi market has sold-off sharply and this pinned UNI price below the $4.00 mark for weeks…

Ripple/XRP-SEC News,BItcoin New All Time High $25,000,OneThing-How You Know XRP Is Going To The Moon

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Cryptocurrencies Have Become Mainstream and Are Here to Stay, Bitcoin Reminiscent of Gold Rush – Featured Bitcoin News

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S&P Global says cryptocurrencies have become mainstream and appear to be here to stay, as more companies are offering crypto services and adoption is growing worldwide. Meanwhile, an S&P analyst believes that bitcoin’s rise is reminiscent of the U.S. gold rush. S&P Global Says Bitcoin Has Become Mainstream Financial information and analytics firm S&P Global released a special report on the current condition of cryptocurrencies last week. It states: Once considered an alternative trend, cryptocurrencies have become mainstream and appear here to stay. The report references a number of factors,…

Mega-whale Pranksy brings collectible highlights to the fore

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On the evening of Jan 25, longtime non-fungible token (NFT) collectors, developers, and believers witnessed a bizarre, but likely validating piece of blockchain history: legendary collector-whale Pranksy was interviewed on the Fox 5 New York evening news during a segment on NBA Topshot, an NFT-backed collectible highlights project.  NFTs on the nightly news is the culmination of a variety of intersecting trends. For one, it’s a testament to the developmental progress the NFT space has made since CryptoKitties, the last blockchain-based collectibles project to attract a hint of public attention…

Bitcoin ‘Underperforms’ During Tax Time: Analysis

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January ushers in a new tax season. It is also, historically, a time when bitcoin underperforms relative to the other months of the year. Some analysts say that may not be a coincidence. From 2014 to 2020, bitcoin was down in four out of seven Januarys and six out of the past seven Marchs. According to Delphi Digital, average losses for those months were 5.24% and 12.59%, respectively.  “As we enter tax season, [a period when] bitcoin has historically underperformed other months, this by no means is predictive on a…

Market Wrap: Bitcoin Drops to $29.9K While DeFi Hits Record $29B Locked

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Spot prices in bitcoin are sliding as investors get distracted by other market opportunities. Those include in the decentralized finance (DeFi) ecosystem, which hit a record level of value locked on Tuesday. Bitcoin (BTC) trading around $31,600 as of 21:00 UTC (4 p.m. ET). Slipping 1.2% over the previous 24 hours. Bitcoin’s 24-hour range: $29,298-$32,939 (CoinDesk 20) BTC above the 10-hour but below the 50-hour moving averages on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Bitstamp since Jan. 24.Source: TradingView The price of bitcoin lost…

The Ultimate Guide to Mining in Star Citizen

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Here is an updated guide touching on all the new changes coming to Star Citizen with a quick and simple guide on how to do everything related to mining in the game. Mining Worksheet: Space_Cutlet’s Video on Scanning: Ship Builds: Novice Prospector – Expert Prospector – Synergy Mole – ✜STAR CITIZEN SIGN UP✜ ✦FOLLOW✦ ◆ Twitch: Sunday-Friday 6:30am EDT ◆Twitter: ◆Discord: Intro 00:00 Mining Ships and Vehicles 00:17 Scanning 1:43 How to Mine in a Ship? 2:26 How to Mine in a…

BIS Chief Blasts Bitcoin’s Viability, Prompting Blowback From Advocates

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The chief banker at the bank for central banks, Agustín Carstens, cast doubts on bitcoin’s long-term viability Wednesday, saying it was only a matter of time before a 51% attack brings down the world’s original cryptocurrency. Carstens’ comments, which he delivered to the Hoover Institute, underscored his belief that bitcoin fails as a currency, a medium of exchange and a value storage mechanism, working only as a “speculative asset” and seldom as money. He also issued a dire warning to would-be bitcoin investors: the center cannot hold: “Above all, investors…