Altcoin

Poloniex Adds DeFi Token Decentr

Crypto exchange Poloniex announced it has added the DeFi token Decentr to its DeFi Innovations Zone.  Decentr, an immutable platform that collects and secures user data, allows people to monetize their internet activity. Its native toke, DEC, is used to buy and sell data and, according to Poloniex, “helps to determine the value of users’ …

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Ethereum Price Rally to $370 Depends on Bitcoin’s Upcoming Weekly Close

On Saturday Bitcoin (BTC) and Ether (ETH) price perked up as BTC briefly pushed above $9,700 and Ether set a 2020 high at $309.  The weekend surge comes as a bit of a surprise as weekends are typically marked by low trading volume and some traders avoid the markets due to the volatility that sometimes …

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Ethereum Options Traders Jump the Gun as ETH Price Soars to $280

Since the start of the week Ether (ETH) has gained more than 17% and the gains appear to be connected to increasing stablecoin use and the rise of DeFi applications.  As reported by Cointelegraph, Ethereum network usage surpassed Bitcoin’s, doubling the volume settled over the entirety of 2019. Another possibly bullish factor in the background …

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Cryptocurrency Exchange OKEx Lists Polkadot’s DOT Token

OKEx has listed the native token of Polkadot (DOT) on its trading platform. According to an announcement shared with Cointelegraph on July 17, DOT spot trading against Tether’s USDT stablecoin on OKEx started at 8:00 AM UTC today. As Cointelegraph recently reported, Pokadot’s technology allows developers to spin up a new blockchain within one hour. …

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Is Chainlink (LINK) a Bubble? On-Chain Data and DeFi Suggest Otherwise

On July 13 Chainlink (LINK) rallied more than 34% to reach a new all-time high at $8.48. Since then the price corrected back to the $7 range but at the time of writing the altcoin is making a renewed attempt at taking out the recent all-time high. LINK has rallied 167% in 2020 and remains …

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New ‘Altseason’ Visualized: Top 10 Cryptos Outperforming Bitcoin

Alternative cryptocurrencies, or altcoins, have started to record large gains across the board. Some small-cap coins have seen triple-digit percentage gains in recent weeks. But several larger-cap cryptocurrencies have also been posting serious gains such as VeChain (VET), Stellar (XLM), Cardano (ADA) and Chainlink (LINK). Cryptocurrency market performance in the past 7 days. Source: Coin360 …

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Bitfinex Lists Dogecoin After TikTok Fad Sends DOGE Price Over $0.005

Major cryptocurrency exchange Bitfinex is listing Dogecoin (DOGE) as excitement around the meme-based altcoin keeps mounting. In a Twitter announcement on July 10, Bitfinex said that deposits were already available and that it would begin supporting Dogecoin at 8.30 am UTC the same day. Dogecoin: Bitfinex “releases the gud boi” The move caps a bizarre …

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Is Ethereum (ETH) Price on Course to $300 as DeFi Coins Skyrocket?

Bitcoin (BTC) has been showing strength in recent days as the price rallied from $9,300 to as high as $9,800. However, more strength is seen from Ethereum’s Ether (ETH) — the second-ranked cryptocurrency by market capitalization — as this cryptocurrency rallied from $225 to $246. Let’s look at the ETH charts as Ether has been …

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VeChain (VET), Zilliqa (ZIL) Target Key Resistance Level to Resume Rally

As the price of Bitcoin (BTC) has been consolidating in a range, altcoins have been moving left and right. A few have managed massive triple digit rallies and others like Zilliqa (ZIL) have rallied 1,400% since March 12. VeChain (VET) has been another strong performer and to date the altcoin has rallied 650% since bottoming …

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Coinbase Pro Announces Support for Compound’s DeFi Token COMP

United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound. According to a June 18 announcement, COMP trading will start on June 23 at 9 AM Pacific Time if the liquidity requirements are met. Furthermore, users will be able to deposit their COMP tokens the day hours before …

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