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MCO Price Spikes After Crypto.com Announces Token Merging

The Hong-Kong-based company Crypto.com announced a token swap program on Monday. All MCO token holders have until the 2nd of November 2020 to swap their MCO for CRO. The announcement catalyzed MCO trading volume and caused the price to surge. However, several users note some red flags around the whole merging process. Is this operation legit? Is it possible that there’s been insider trading? The Year of Crypto.com 2020 is proving to be very profitable for Crypto.com. As BeInCrypto reported not long ago, the CRO token has been one of

Weekend Market Action Signals DeFi-Driven Bull Market Has Arrived

This weekend’s epic crypto market momentum has been a remnant of the volatile action witnessed in late 2017. Ethereum has been in the driver’s seat, but instead of the ICO-saturated market of yesteryear, DeFi platforms are now dominating the sector in 2020. Cryptocurrency markets have reached their highest levels this year in terms of total market capitalization. Trouncing February’s highs of $300 billion, the total market cap surged to $360 billion this past Sunday. The figure has yet to top the 2019 peak in mid-June when the total cap exceeded

Ampleforth: A Guide to the AMPL DeFi Protocol

Imagine the possibilities of reinventing money. One that is powered by blockchain and crypto-based solutions. That is what Ampleforth hopes to achieve within and beyond the crypto community. Since the inception of decentralized finance (DeFi), various notable projects have spawned, giving life to a new sector in the cryptosphere. At the moment, investors and crypto traders alike are quite stoked with DeFi and liquidity mining. We have witnessed several protocols like Maker, Aave, and Compound attracting hundreds of thousands of users, enabling the DeFi ecosystem to proliferate far and wide.

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance at $11,275, the ext target

Crypto As Payment Means Outlawed In Russia After Putin Law Signing

Vladimir Putin, the President of Russia, has recently signed a new law. This law will officially prohibit the usage of cryptocurrencies in order to facilitate payment within the country, and will be in effect by 2021. At the same time as this, Russia’s government has recently begun to utilize blockchain technology in order to facilitate its constitutional amendment Crypto Payments Illegal For Russia Come 2021 RIA, a local news outlet, went into detail on Friday about the matter. RIA explained that President Putin’s bill he just signed will see to

VET Geared For New Highs As VeChain Readies Latest Innovations

VeChain has seen a recent four-month rally, which only recently managed to die down. However, depending on the metrics you trust on the matter, a massive breakout event could happen, once more, which could see massive new highs for the currency. VeChain Getting The Best Of Things Of all the various cryptocurrencies the world has to offer thus far, VeChain stands as one that’s had a very good year of 2020. The pandemic may have caused a massive amount of chaos for the crypto industry at large, especially during Black

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance at $11,275, the ext target

Will Video Game Crypto Be the Catalyst for Adoption?

-More than one-third of humanity will play video games by the end of 2021. -A number of platforms provide blockchain opportunities not found in traditional gaming. -After several years of failures, blockchain adoption may finally be here. The video game industry may be the natural catalyst to bring blockchain technology into the mainstream. Most experiments have failed so far, but is that about to change? After years of trial and error with Bitcoin, some video game platforms are finding a way to exploit distributed ledger technology. Is humanity witnessing the

There’s More To Bitcoin’s Rally Than Just Inflation Fears

While some analysts are pointing to inflation fears to explain bitcoin’s recent rally, there are so many other factors at play that affect the cryptocurrency’s rise.Neil Johnston was a creature of habit, and it was one of the things which his wife of twenty-four years Dorothy, both loved and loathed about him. While Dorothy appreciated Neil’s dependability, she was wondering if things were getting a little stale.So naturally Dorothy grew a little worried when Neil, who would walk through the door almost like clockwork at 7 pm every evening for