Bitcoin and most altcoins are witnessing selling at every minor rally, increasing the possibility of a dip in the short-term. Bridgewater CIO Ray Dalio said that central banks have moved away from their traditional role and have become owners of assets since the 2008 Financial crisis. They now act as “market makers.” Therefore, the “capital…
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Tron becomes the fourth blockchain project to be assigned branded hashtags, outspending competition with five hashtags at once. Tron (TRX) becomes the fourth blockchain project to receive a custom Twitter emoji hashtag. Justin Sun, Tron’s founder, unveiled the new emoji in a tweet on Friday. As customary in Tron’s marketing campaigns, the new emoji comes…
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Ethereum’s 2020 DeFi boom came at the cost of its gaming ecosystem. Results for the second quarter of 2020 show tremendous growth for decentralized applications across all ecosystems, primarily spearheaded by Ethereum (ETH) decentralized finance, or DeFi. Decentralized exchanges were at the frontlines of the rise as Compound token mining activity trickled down to on-chain…
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The Ethereum co-founder cites an unlikely source to explain blockchain in-fighting. Ethereum (ETH) co-founder Vitalik Buterin tweeted that TRON (TRX) sympathizers within the Bitcoin (BTC) community are a “perfect example” of German Nazis aligning with Japan during the Second World War. Vitalik drew the questionable comparison in a reply to Bitcoin activist and independent developer…
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Does this week’s 300 million USDT migration from Tron to Ethereum blockchain mean trouble is brewing for TRX? On June 29, Tether announced a sizable swap of USDT from the Tron blockchain to the Ethereum protocol. Tether explained that the amount of USDT in circulation would remain the same, meaning that USDT (TRC-20) will be…
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While overall developer activity is down for most leading crypto assets, core code updates appear to be on the increase. A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects. In Outlier Ventures’ Blockchain Developer…
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A report by CoinMetrics has found at least 80% of the entire capitalization of five top stablecoin projects is held in less than six accounts on each respective network. A report published by CoinMetrics has found extreme wealth centralization among many top stablecoins, with at least 80% of the total capitalization for five top stable…
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Poloniex has launched support for Binance Coin and Binance USD, despite CZ’s recent vocal criticism of Justin Sun over his handling of Steem. Poloniex, a veteran exchange that was recently purchased by a consortium including Tron founder Justin Sun, has launched Binance Coin (BNB) and Binance USD (BUSD) pairings. As of June 6, BNB and…
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The altcoin market capitalization has steadily risen over the past few days, suggesting that the short-term price action has shifted away from Bitcoin. Although the Bitcoin (BTC) halving generated a lot of interest proceeding the event, it has failed to kickstart a trending move after completion of the event. This suggests in hindsight that the…
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It’s designed to capture attention from high-profile people that others want to hear from. A new kind of cryptocurrency tipbot allows users to pay others to answer their questions on social media, providing a new tool to pool data in the ecosystem. Liser Lee of CCTip told Cointelegraph that the system can help drive engagement…
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