Weekly

Yield farming: Is it worth taking a chance on SUSHI, ALGO, SNX, CAKE now

Source Node: https://ambcrypto.com/yield-farming-is-it-worth-taking-a-chance-on-sushi-algo-snx-cake-now/

Time Stamp: August 16, 2021 12:00 PM - Modified On: August 16, 2021 - Published By:

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34.5%, 33.2.6%, 20.79%, 20.3%: This is explicitly how the weekly returns of Synthetix, SuhshiSwap, Algorand and PancakeSwap looked like at press time. All the aforementioned tokens have a commonality – they sustain yield farming. People from the community usually generate additional income by farming. As such, whenever HODLers lock up their cryptos or provide liquidity, they are rewarded. Yield farmers typically keep moving their funds from different protocols in search of high yields. Even though the weekly returns seemed to be fairly decent for these tokens, their daily returns explicitly

DeFi Uncovered: Hunting for Value

Source Node: https://insights.glassnode.com/defi-uncovered-hunting-for-value/

Time Stamp: August 12, 2021 11:00 AM - Modified On: August 12, 2021 - Published By:

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Republished By Plato

Title image made using a planet from NFT collection Procedural Space. The ETH rally has continued, with prices breaching the $3,000 level. The rally accompanies continued enthusiasm surrounding NFTs and the successful implementation of EIP-1559 in the London hard-fork activated last week. On-chain activity has also seen an upswing, largely driven by the launch and excitement around a constant stream of new NFT collections.In this piece we will explore: The initial effects of EIP-1559 following launch.Explore relative valuation models for governance tokens.Assess token valuations across the space using on-chain data.

What are the odds of Dogecoin rallying to $1

Source Node: https://ambcrypto.com/what-are-the-odds-of-dogecoin-rallying-to-1/

Time Stamp: August 8, 2021 12:00 PM - Modified On: August 8, 2021 - Published By:

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Republished By Plato

Dogecoin’s price has significantly rallied by 21.21% over the past day. In fact, its weekly gains stood slightly lower (20.42%) than the daily gains at the time of writing. Amidst the recent price pump, the ‘DOGE to $1’ debate has resurfaced and the loyal community seems to be pretty excited at the moment. Are market participants buying? The buy-sell actions usually give an insight into whether or not a particular price trend can continue down the same path. Interestingly at the time of writing, the cumulative sell orders, by and large,

What Changed in Crypto Markets While You Were Sleeping — Aug 3

Source Node: https://beincrypto.com/what-changed-in-crypto-markets-while-you-were-sleeping-aug-3/

Time Stamp: August 3, 2021 4:43 AM - Modified On: August 3, 2021 - Published By:

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Republished By Plato

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.Sponsored Sponsored Bitcoin update On Aug 1, BTC reached a high of $41,599. This seemed to cause a breakout above the $40,550 resistance area, which had been in place since May 20. However, the price has been decreasing since and has fallen all the way to $37,966. This rendered the previous breakout a deviation, with the $40,550 area now expected to act as resistance again.Sponsored Sponsored BTC has nearly reached

EOS Price Prediction 2021, 2025, 2030

Source Node: https://www.cryptopolitan.com/eos-price-prediction/

Time Stamp: July 25, 2021 3:00 AM - Modified On: July 25, 2021 - Published By:

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Republished By Plato

What is EOS? EOS is one of the best-known cryptocurrencies today that allows building decentralized apps (DApps) in a simple and scalable way. EOS cryptocurrency was developed by a company called Block.one. Founded by software programmer Daniel Larimer and entrepreneur Brendan Blumer, who still hold the roles of CTO and CEO, the company began to work on the project in 2017. In June of 2018, the EOS officially went live after a year-long Initial Coin Offering (ICO). The ICO raised more than $4 billion, despite the prohibition to participate from

Bitcoin Consolidates Below $24,000 After Bullish Weekend Rally

Source Node: https://beincrypto.com/bitcoin-consolidates-below-24000-after-bullish-weekend-rally/

Time Stamp: December 21, 2020 3:37 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

The Bitcoin (BTC) price has reached a bullish weekly close well above the previous long-term resistance area. BTC is currently consolidating just below $24,000 and is expected to break out once more. Bitcoin Long-Term Movement During the week of Dec 14-21, BTC created a massive bullish candlestick, convincingly breaking through the $19,500 area to reach a high of $24,295. BTC is now in price discovery, having no resistances left to clear above the current price. Technical indicators are still bullish, despite showing that the rally is extremely overbought. BTC

Secret Network (SCRT) Review: Privacy Meets Compliance

Source Node: https://www.coinbureau.com/review/secret-network-scrt/

Time Stamp: December 20, 2020 10:34 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Since its creation, cryptocurrency has had a difficult task: balancing transparency and privacy. Once upon a time this balancing act was easy – transactions were publicly viewable but the people behind the addresses making those transactions were anonymous.Today, there are dozens of firms which specialize in analyzing these transactions. Some governments are even on the cusp of making it mandatory to tie your personal identity to your crypto wallet. This degree of regulatory overreach has been rightfully seen as unacceptable by many in the crypto space.However, the fact of the

Bitcoin Stumbles on Approach to Yet Another All-Time High

Source Node: https://beincrypto.com/bitcoin-stumbles-on-approach-to-yet-another-all-time-high/

Time Stamp: December 15, 2020 4:29 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

The Bitcoin (BTC) price reached a new all-time high on Dec. 1 but was not able to sustain the increase and has dropped back slightly since. However, the price movement suggests that Bitcoin will soon make yet another attempt at breaking out, though a short-term correction could occur prior. Bitcoin All-Time High Resistance The weekly chart shows that BTC is trading very close to a long-term resistance area, created by the all-time highs near $19,600. Last week, BTC created a hanging man candlestick, which is commonly considered a bearish

Kraken Exchange Now Allows Users to Stake ETH on Its Platform

Source Node: https://beincrypto.com/kraken-exchange-now-allows-users-to-stake-eth-on-its-platform/

Time Stamp: December 4, 2020 3:14 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Kraken, the online cryptocurrency exchange, has announced that it has enabled the ability for its users to stake ETH via the new ETH 2.0 Beacon Chain directly on the exchange. As far as major cryptocurrency exchanges go, Kraken appears to be one of the first to announce the opportunity for its users. At press time, Kraken had recently enabled the staking ability, marking a major step in the continued growth of ETH 2.0. A Win for the “Small” ETH Holder Kraken will be allowing ETH users of all sizes to

98% of All Bitcoin Is Now Worth More Than When You Bought It

Source Node: https://cointelegraph.com/news/98-of-all-bitcoin-is-now-worth-more-than-when-you-bought-it

Time Stamp: August 19, 2020 4:55 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Bitcoin (BTC) has delivered gains to its holders on almost 98% of all days since 2013, new data confirms. According to a dedicated social media-based monitoring resource which tracks profitability, buying Bitcoin has made its holder richer on 97.6% of days.BTC profitability “characteristic of bull runs”Put another way, as on-chain analytics service Glassnode noted in its The Week On-Chain weekly report on Monday, 97.6% of Bitcoin unspent transaction outputs (UTXOs) are in profit.This means that only 2.4% of UTXOs were created — as part of a transaction between wallets — when

Cryptocurrency News Roundup for August 18, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-august-18-2020/

Time Stamp: August 18, 2020 4:45 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Since the start of 2020, the net worth of assets locked in DeFi smart contracts have increased nearly 10x from $680 million to more than $6 billion. BeInCrypto covered it in-depth here, in case you missed it earlier. To bank in on that phenomenal growth and encourage greater cooperation among industry stakeholders, Huobi DeFi Lab has launched a new initiative called the Global DeFi Alliance. Several major players in the DeFi space have already joined the initiative to create a united front and pave the way for mainstream adoption in

Litecoin is Flashing a Bearish Breakdown Pattern as Analysts Eye Downside

Source Node: https://bitcoinist.com/litecoin-is-flashing-a-bearish-breakdown-pattern-as-analysts-eye-downside/?utm_source=rss&utm_medium=rss&utm_campaign=litecoin-is-flashing-a-bearish-breakdown-pattern-as-analysts-eye-downside

Time Stamp: August 18, 2020 4:00 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Litecoin has been flashing mixed price action in recent weeks, with its slow uptrend showing some signs of faltering Its momentum began stalling yesterday when it reached for highs of nearly $70 This seems to shine a light on some underlying weakness, potentially also signaling that further downside is imminent Analysts are noting that this weakness may lead it significantly lower in the near-term One trader is pointing to a breakdown pattern that LTC has formed against its BTC trading pair as another reason why downside is imminent Despite climbing

Yield farming: Is it worth taking a chance on SUSHI, ALGO, SNX, CAKE now

DeFi Uncovered: Hunting for Value

What Changed in Crypto Markets While You Were Sleeping — Aug 3

Bitcoin Consolidates Below $24,000 After Bullish Weekend Rally

Bitcoin Stumbles on Approach to Yet Another All-Time High

Kraken Exchange Now Allows Users to Stake ETH on Its Platform

Cryptocurrency News Roundup for August 18, 2020

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