DeFi tokens take center stage as top lending protocols AAVE, Maker and Compound establish new all-time highs. Several DeFi tokens saw their prices breakout on Feb. 4 as Bitcoin (BTC) and Ether (ETH) prices traded sideways for the day. Aside from the general bullish trend permeating the DeFi sector, positive comments from big-name investors touting…
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Increasing interest and growth in the blockchain-based multiplayer gaming industry are the key factors pushing the price of FunFair (FUN) higher. Many DApps and blockchain-based games are designed with casino-style and RPG features that allow players to use cryptocurrency for gambling. FunFair is essentially a white-label, turnkey blockchain-based casino and the platform aims to provide…
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The blockchain network behind the Dash cryptocurrency posted impressive fourth-quarter and full-year results on Thursday. Dash, a cryptocurrency analog for electronic cash, recorded impressive growth in 2020 as average daily trade volumes, users and retail payments grew considerably. During its fourth-quarter livestream on Thursday, Dash Core Group reported that average trade volumes jumped 282% year-over-year, from…
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AAVE price rallied to a new high at $520, pushing the DeFi protocol’s TVL to $4.96 billion. Aave (AAVE) price has increased by 76% since the beginning of February and today the DeFi-token hit a new all-time high of $520. Currently Aave is the second-ranked DeFi platform by total value locked (TVL) and the protocol…
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Bitcoin price may have flipped $35,000 back to support but data shows this week’s 15% move may have prompted top traders to open short positions. After bouncing from the recent short-term low, Bitcoin (BTC) price posted a 15% gain over three days as it climbed from $32,400 to $37,200. This was an impressive move given…
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Now is the time to look beyond your own income-producing activities and look to your children’s crypto as well. The taxation of cryptocurrency is no longer just a young person’s problem. That changed the day the United States Internal Revenue Service made cryptocurrency a focal point of enforcement and added a crypto disclosure question on…
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63%of 800 respondents in the U.K. are planning to buy Bitcoin in 2021, according to a new survey by Investing.com. Bitcoin (BTC) is likely to hit $60,000 in 2021 amid the growing mainstream adoption, according to an analyst at major financial publication Investing.com. Jesse Cohen, a senior financial analyst at Investing.com, predicted that Bitcoin will…
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Flamingo’s (FLM) rally to a new all-time high is backed by record trading volume, increased governance capabilities and DeFi users searching for Ethereum alternatives. Decentralized finance is rapidly becoming a cornerstone of the cryptocurrency sector but the ecosystem has become increasingly centralized on the Ethereum network and this is causing the entire sector to be…
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Bitcoin bulls are chasing after $40,000, Ethereum price hit a new all-time high at $1,650 and DeFi tokens are still outperforming everything. Sentiment throughout the cryptocurrency sector continues to improve as Ether (ETH) price ventured into uncharted territory and notched a new all-time high of $1,653 on Feb. 3. Meanwhile, Bitcoin (BTC) bulls appear to…
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Traditional finance is a relic, and the GameStop saga is nothing but a prelude for what’s to come: the real decentralization of money. Earlier this week, Elon Musk made history when he placed his full support behind Bitcoin (BTC) during a Clubhouse stream. When discussing Bitcoin and the GameStop debacle with Robinhood CEO Vlad Tenev,…
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