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Beijing Comes for Its Tech Giants

April 18, 2021 Features Eddy 0

China Introduces Smart City Beijing’s crackdown on Alibaba (-0.17%) is worrying investors that it is part of a wider dragnet to bring Chinese tech companies to heel Sharp pullback in Chinese tech stocks is excessive as their long term prospects still strong, Beijing may want to exert its authority over its tech herd but is unlikely to […]

Total Value Locked in DeFi Smart Contracts Stays Above $60B Despite Ongoing Market Dump

April 18, 2021 aave, Altcoin News, COMPBNB, COMPBTC, COMPBUSD, COMPETH, COMPEUR, compound, compusd, compusdt, COMPUSDTPERP, COMPUST, COMPXBT, DeFi, DeFi News, ETHAUD, ETHBKRW, ETHBRL, ETHBTC, ETHBUSD, ETHDAI, ETHEOSDT, ETHEUR, ETHGBP, ETHHUSD, ETHJPY, ETHKRW, ETHMXN, ETHPAX, ETHRUB, ETHTRX, ETHTRY, ETHUSD, ETHUSDC, ETHUSDT, ETHUST, ETHZAR, Maker, News, SUSHIBNB, SUSHIBTC, SUSHIBUSD, sushieth, sushiswap, Sushiusd, SUSHIUSDT, SUSHIUSDTPERP, SUSHIUST, total value locked, UNIBNB, UNIBTC, UNIBUSD, UNIETH, UNIEUR, UNIKRW, uniswap, UNIUSD, UNIUSDT, UNIUSDTPERP, UNIUST, UNIXBT, YFIBTC, YFIBUSD, yfieth, YFIEUR, YFIKRW, YFIUSD, YFIUSDT, YFIUSDTPERP, YFIUST, YFIXBT Eddy 0

Amid the ongoing dip in the broader cryptocurrency market, the decentralized finance (DeFi) ecosystem is wielding a major resilience as the combined Total Value Locked (TVL) on major smart contracts stays above the $60 billion all-time high (ATH) level. According to data from DeFiPulse, a decentralized finance market aggregator, the TVL in dollar terms have […]

P2P Bitcoin Traders in Nigeria Think Outside the Box in the Wake of CBN Restrictions

April 18, 2021 Bitcoin ATM, Bitcoin Debit Card, Bitcoin Nigeria, CBN crypto ban, crypto assets, Emerging markets, Gift Card, P2P nigeria, Patricia Eddy 0

After the Central Bank of Nigeria issued a directive targeting the country’s cryptocurrency industry, bitcoin and altcoin trade volumes on centralized exchanges immediately plunged. Nevertheless, the new regulations seem to have succeeded in boosting crypto trade volumes on informal markets or on peer-to-peer trading platforms. Nigerian Crypto Traders Get Creative Still, the increasing trades on […]

JulSwap Listing on AscendEX

April 18, 2021 AscendEx, JulSwap, Press release Eddy 0

press release PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Julswap Token (JULD) under the pair USDT/JULD on Apr 16 at 1: 00 p.m. UTC. JulSwap is a community-centric decentralized exchange that helps crypto projects raise liquidity by conducting […]

Polars Platform Announced the Date of its Official Launch

April 18, 2021 Press release Eddy 0

[PRESS RELEASE – Please Read Disclaimer] Polars Platform announced the date of its official launch of beta testing of the main functionality of the application on the Ethereum Rinkeby testnet. Testing will begin on April 25. Users will be able to mint and burn polar tokens, add and remove liquidity, swap polar tokens, and farm […]

Blockcap Mines 544 Bitcoin in Q1

April 18, 2021 Bitcoin, Bitcoin Mining Firm, Blockcap, Blockchain Technology, News Eddy 0

In a recent press release, Blockcap announced that it had mined a total of 544 bitcoins in Q1 of 2021. Blockcap’s executive chairman and founder, Darin Feinstein stated that the continued growth was a testament to the company’s commitment to turning the United States into a major global hub for blockchain and bitcoin mining technology. […]

Lever.Network Successfully Closes a $600K Seed Funding Round

April 18, 2021 Press release Eddy 0

[PRESS RELEASE – Please Read Disclaimer] Lever.Network, the number one AMM-based decentralized margin trading platform is excited to announce the successful completion of a $600,000 seed funding round led by NGC Venture, ArkStream Capital, LD Capital and AU21 Capital, along with contributions from DAOMaker, YBB, DFG Crypto and other top VCs in the field. The […]

Bitcoin drops by $8,400, XRP crashes 29% in mysterious overnight flash crash

April 18, 2021 Bitcoin, bitcoin cash, News, XRP Eddy 0

The top cryptocurrency lost $8,400 to trade at its lowest price in three weeks, with altcoins faring much worse – XRP went down close to 30%, while BCH and BSV saw even bigger drops. The overnight crash is mysterious, but some analysts have attributed it to a rumor that the U.S Treasury was looking to […]

Sunday’s Crypto Price Analysis: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP)

April 18, 2021 BTC Analysis, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Crypto News, ETH Analysis, ETHBTC, ETHUSD, Price Analysis, XRP Analysis, XRPBTC, XRPUSD Eddy 0

Bitcoin (BTC) Price Analysis Bitcoin collapsed by almost 15% from today’s $60,000 opening price, reaching as low as $51,540 (as of now). The cryptocurrency had set a new all-time high price earlier in the week at $64,895 but failed to produce a daily closing candle above significant resistance at $63,760. Together with the bearish divergence […]

Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%

April 18, 2021 Bitcoin (BTC), Bitcoin mining, BTC, BTC Mining, China, coal mine, Colin Wu, Compass Mining, Dovey Wan, Mining, nic carter, sichuan, Thomas Heller, Wu Blockchain, Xinjiang, Xinjiang China, Xinjiang province Eddy 0

Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed Bitcoin’s Hashrate Down 49% At the time of writing, the […]