In our previous blog post, we tackled different ways to earn with DeFi. Just to remind you, DeFi, which is short for “decentralized finance”, is a term that recently gained a lot of attention. So, in our previous blog post, we showed you different ways to earn with DeFi, including airdrops, yield farming, and video […]
BTC/USD Staring at 41794 Again: Sally Ho’s Technical Analysis 6 February 2021 BTC
Bitcoin Bitcoin (BTC/USD) extended recent gains early in today’s North American session as the pair appreciated to the 40589.52 area after trading as low as the 37716 area during the Asian session, with recent price activity having tested the 50-hour simple moving average as technical support. Stopswere elected above the 38858.34 and 39149.93 levels during […]
Ether is flying to the moon? Here’s what’s fueling the ETH rocket
DeFi, institutions and Eth2: What are all the factors fueling Ether’s current rally to its all-time highs? Ether hit its all-time high again on Feb. 2, reaching the psychological mark of $1,500. Since then, its price has remained above this level and is currently sitting at around the $1,700 mark. Along with Bitcoin (BTC) and […]
Asset tokenization project DeFi Money Market shuts its doors
DMG token holders take to Twitter to grieve as their holdings crash 75% DeFi Money Market, one of the earliest projects aiming to bring real-world assets on-chain, abruptly announced last night that it has “ceased operations.” “As a result of regulatory inquiries, DMM is shutting down,” a statement on the project’s website reads. “[…] DMM […]
Twitter, GameStop… enough! The world needs true decentralization
With Web 3.0, users will not only own their data, but they will also be able to own and govern the platform their data is generated from. GameStop and Twitter are both a mirage and an iceberg — but don’t try tweeting that. Not because you won’t own the tweet (because you won’t), but because […]
Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients
The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that fail to comply. Banks Taking Immediate Action Immediately following the letter’s publication, some banks and other financial […]
Celsius CEO Alex Mashinsky announces self-insurance all its users’ coins
Crypto banking and financial services platform Celsius Network (CEL) plans to self-insure its users’ funds against unforeseeable losses, its co-founder and CEO Alex Mashinsky announced on Twitter today. “You asked for it and we listened. We will be launching a self-insurance plan for all @CelsiusNetwork users that will cover all your coins, it will take […]
Launching in 3, 2… Here’s why Bitcoin breaking $40,000 is different than last time
Bitcoin broke $40,000 in a strong recovery rally over the past three days as BTC could stabilize above the key level in the foreseeable future. The price of Bitcoin (BTC) broke above $40,000 on Feb. 6 for the first time in 23 days. But this time, the market sentiment is a lot calmer with a […]
Bitcoin Climbs Past $40k, Analyst Expects Another Jump in BTC Value, ETH Taps New Highs
The price of bitcoin is nearing the crypto asset’s all-time price high on Saturday, as the digital currency has gained over 6% during the last 24 hours. The last time BTC was this high in value was during the first week of January when bitcoin touched a high of $42k that week. Crypto Prices Begin […]
Time to shine? Crypto should be given a chance after GameStop drama
The GameStop pump may lead a number of amateur investors to finally learn about DeFi and the advantages it puts forth. What happened to GameStop’s stock at the end of January will be remembered by investors for years to come, as it was probably the first time in the history of the “free market” that […]