PlanB stated that high net worth individuals, institutional investors and countries hedging against quantitative easing would be the funding source for Bitcoin.
Bitcoin for the first time since the early September crash, is showing signs of its comeback.
The Ethereum scalability project SKALE received a massive response as it raised $5 million by selling 167 million SKL tokens using the ConsenSys’s Codefi tool Activate.
To justify his stance on the suitability of the Binance chain for projects, CZ stated that the platform recently attained the milestone of 10% of Ethereum volume in terms of usage.
Bitcoin remains dormant awaiting major price movement.
The digital yuan introduction is seen as a silent way for the Chinese government to make a huge move in accordance with the global market need and also a way to control the fast-growing ‘uncontrolled’ crypto industry.
Bitcoin is up 0.68% today after losing 1.04% in price yesterday.
The fraud involved the promotion and selling of FLiK tokens, the native cryptocurrency of the FLiK platform that claimed to become the “Netflix of the blockchain”, however, it never saw the light of the day.
Americans who have been buying Bitcoin with their U.S. stimulus package may now buy more once the Senate approves the new bill.
DeFi networks show signs of the increase despite the current decrease on the market. Since September, 2 Bitcoins available in the networks have increased from 67,038 BTC until 87,752 BTC.
Defi Swap has now become available on Ethereum mainnet. Some of the coins supported at the start are: Wrapped Ether, Tether, USD Coin, Dai, Chainlink, Compound, and Crypto.com Coin. However, the company promises to widen the list.
On Friday, September 11th, XRP keeps trying to escape a narrow sideways channel but the attempts are not quite successful. The cryptocurrency is generally trading at $0.2413 USD.
Beginning next week, yearn.finance’s token is set to be available for trading on Coinbase Pro. Recently, the platform has added a number of new tokens, including UMA, CGLD, OMG, NMR, MKR, BAND and COMP.
Through this new partnership, 1inch users will get the best rates for TRON assets. Moreover, liquidity providers on the TRON blockchain will benefit from Mooniswap’s virtual balances.
Clear regulations together with the existing advantages of using XRP to send money from one point to another make the project be in a better position to take the crypto industry through the next mile.