Day: February 5, 2021

African Hip Hop Artist Davido ‘Thinking of Starting a Bitcoin Trading Company’ – Emerging Markets Bitcoin News

boss

Popular Nigerian hip hop artist Davido has sparked off a buzz about crypto assets after tweeting about his intention to start a bitcoin trading company. With the short tweet, Davido becomes the latest African celebrity to express interest in starting a crypto business. Senegalese singer Akon is another prominent African personality to embrace crypto assets. Before the tweet, Davido revealed in October 2020 that he had entered into a partnership with Bitsika, a Ghana-based crypto payment firm. As part of the agreement with Bitsika, Davido, who has more than 8…

Federal reform could transform crypto’s cannabis use case

boss

The recent vow by United States Senate leader Chuck Schumer to end federal prohibition of cannabis could have knock-on effects for Bitcoin (BTC) and the wider cryptocurrency industry. Schumer and fellow Democratic senators Ron Wyden and Cory Booker released a joint statement on Feb. 1, declaring their intention to comprehensively reform federal cannabis legislation. The statement noted the disproportionate impact of the war on drugs on people of color. It stated: “The War on Drugs has been a war on people—particularly people of color. Ending the federal marijuana prohibition is…

DeFi Giant Aave Records New ATH Amid Increasing DeFi Sentiments

boss

Through the latest surge in the price of the DeFi giant Aave, the Total Value Locked (TVL) has also increased in a corresponding manner. Decentralized Finance (DeFi) lending giant Aave has recorded a new milestone as its price soared to a new all-time high on Thursday. According to CoinMarketCap, the DeFi token soared to $506.81 after seeing immense buying activity from enthralled investors. For a token that is less than a year old, Aave has positioned itself as one of the best performing DeFi tokens to date. This year alone,…

kriptohírek | coinbase | duckdao | tcap | trustswap

boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #trustswap #kriptohírek #coinbase A mai videóból kiderül, mi az a tcap! Remélem, izgatottan várod! A duckdao (inkubátorprogram) és a trustswap egyesítik erőiket, a cinbase pedig tőzsdei kibocsátásra készül! Zajlik az élet a kriptovilágban! Regisztrálj ingynes nyereményjátékunkra, ahol olyan díjakat nyerhesz, mint például egy ledger nano S, csekitatutos ajándéktárgyak mellett. hírlevél feliratkozás IvanOnTech Academy (blokklánc programozás) 40% kedvezménnyel blockfi – legalább $100 befizetése után $10 ajándék celsius – $200 befizetése után (30 napig bent kell tartani) $20 értékű BTC ajándék – kód 1334882f2a…

Bitcoin Will Likely Reclaim $42,000, Asserts OKEx Investment Analyst

boss

A recent downside correction in the Bitcoin market has done little to offset its long-term bullish bias, indicates Robbie Liu. The OKEx investment analyst listed a flurry of trading data readings that showed the cryptocurrency facing limited downside risks. He noted that the last week’s “Musk rally” of more than $6,000 helped the bullish sentiment recover, adding that closing above the run-up’s peak may prompt BTC/USD to challenge $40,000—or even reclaim $42,000. “The long/short ratio had little ups and downs during the week, hovering in a range of 1.07 to…

Altcoins To Watch: Theta, Neo, Stellar Lumens

boss

Finishing the business week with some big announcements made by Theta Network, Stellar Lumens and Neo. Theta announced today that it has launched the ThetaSwap v1, the first DEX for Theta Blockchain. The ThetaSwap is built on AMM (Automated Market Making) logic similar to UniSwap, which allows to seamlessly exchange TNT20 – Theta-native tokens built on Theta Network. Theta sees a great opportunity in use of Theta Network and ThetaSwap for influencers, streamers, who build their fan tokens and pools and DAOs to fund entertainment and media ventures. Theta team…

Theta blockchain launches first decentralized exchange dubbed ThetaSwap

boss

Theta (THETA) has launched ThetaSwap, the blockchain’s first decentralized exchange platform, according to an announcement issued on Friday. ThetaSwap v1 users will reportedly be able to swap Theta-based TNT-20 tokens in much the same way as is the case for automated market maker services like Uniswap and SushiSwap for ERC-20 tokens on the Ethereum chain. With the launch of ThetaSwap v1, the project says it is hopeful that users will become incentivized to interact with the TNT-20 token standard. Apart from TNT-20 tokens and Theta Fuel (TFUEL) — the Theta…

4 reasons Bitcoin is about to reclaim $38K putting all-time highs back in play

boss

The price of Bitcoin (BTC) has risen above $38,000 after nearly 21 days below this level with the exception of the “Elon Musk” rally last week. There are four major factors that have coincided with the rebound in BTC price above this key level that could see Bitcoin have another go at $42,000. These factors include the neutral Relative Strength Index (RSI) indicator, miner outflow decreasing, exchange netflow back into negative, and whale accumulation. Whale accumulation coincides with negative exchange netflow According to the pseudonymous cryptocurrency trader “Bitcoin Jack,” Bitcoin is…

DeFi Season? LINK, AAVE, ZRX and COMP Hit Record Price Highs, Outperforming Bitcoin

boss

Investors look to be temporarily shifting focus away from bitcoin and toward crypto tokens associated with decentralized finance (DeFi). In the past 24 hours, DeFi-linked coins such as COMP, AAVE, KNC and ZRX have all leapt to fresh lifetime highs. Compound’s governance token COMP clocked a new record of $500, taking the month-to-date gain to above 40%. The token jumped 130% last month and has risen by 20% in the past 24 hours, according to data provider CryptoCompare. Oracle provider Chainlink’s LINK token is also benefitting from the broad-based rally…

Surge in Bitcoin energy consumption sparks debate in crypto community

boss

The recent surge of Bitcoin (BTC) price has driven notable growth in the amount of electricity consumed by Bitcoin miners, spurring another wave of argument in the community over the ecology of the seminal cryptocurrency. According to the latest data from Digiconomist’s Bitcoin Energy Consumption Index, Bitcoin energy consumption has been at its highest historical levels since late 2020, with the estimated annual consumption level staying above 75 TWh for a record period of time. Bitcoin is now estimated to consume around 77.8 TWh per year, which is as much…