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Ampleforth: A Guide to the AMPL DeFi Protocol

Source Node: https://www.asiacryptotoday.com/ampleforth-a-guide-to-the-ampl-defi-protocol/
Time Stamp: August 2, 2020 9:53 AM - Modified On: May 21, 2021 - Published By:
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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.

What Are Analysts Saying After Ethereum Crashed 26% in Under Ten Minutes?

Source Node: https://bitcoinist.com/what-are-analysts-saying-ethereum-dove-26/?utm_source=rss&utm_medium=rss&utm_campaign=what-are-analysts-saying-ethereum-dove-26
Time Stamp: August 2, 2020 2:04 AM - Modified On: May 21, 2021 - Published By:
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After a nearly unstoppable rally, Bitcoin and Ethereum faced an extreme correction just an hour ago. After moving above $12,000 for the first time in a year, BTC slipped by about $1,500 in five minutes while Ethereum crashed upwards of 26%, per some reports. Chart of ETH's recent price action from TradingView.com This extreme move — which was arguably one of the fastest drops in the history of this market — sent ripples throughout the market. According to one trader, $1 billion worth of Bitcoin and Ethereum futures positions were

Bitcoin Reddit Roundup – July 2020

Source Node: https://bitcoinmagazine.com/articles/bitcoin-reddit-roundup?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-reddit-roundup
Time Stamp: August 1, 2020 12:07 PM - Modified On: May 21, 2021 - Published By:
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Welcome to the second edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This roundup contains 45 links to the best quality content that was uploaded to Bitcoin Reddit this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other forums as well, such as r/BitcoinMining. In this roundup there are 10 different categories of links: Privacy, Adoption, Development, Security, Mining, Business, Education, Regulation & Politics, Archaeology (Financial Incumbents) and, last but not least, Memes, Fun, And Other. Big shoutout to Sam Wouter,

VET Geared For New Highs As VeChain Readies Latest Innovations

Source Node: https://insidebitcoins.com/news/vet-geared-for-new-highs-as-vechain-readies-latest-innovations
Time Stamp: August 1, 2020 9:09 AM - Modified On: May 21, 2021 - Published By:
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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

International Group of Finance Leaders Says Ripple’s XRP Remittance Network Leapfrogs Traditional Banking System

Source Node: https://dailyhodl.com/2020/08/01/international-group-of-finance-leaders-says-xrp-leapfrogs-traditional-remittance-system/
Time Stamp: August 1, 2020 9:00 AM - Modified On: May 21, 2021 - Published By:
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ADVERTISEMENT An independent body of global finance leaders says Ripple’s XRP-powered cross-border payment platform “leapfrogs” the efficiency of traditional remittance methods. The Group of 30 published the report, calling on central banks and financial authorities around the world to be proactive in terms of regulating digital assets. G30 experts discuss the theoretical possibility of a “systemic hegemonic currency,” which some academics have posited could possibly reduce “spillover shocks” that come with the US dollar acting as a reserve currency. The systemic currency could come in the form of a stablecoin

Will Video Game Crypto Be the Catalyst for Adoption?

Source Node: https://beincrypto.com/will-video-game-crypto-be-the-catalyst-for-adoption/
Time Stamp: August 1, 2020 6:59 AM - Modified On: May 21, 2021 - Published By:
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-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

Blockchair In Blockchain World | Let Us Explore The Explorer In 2020

Source Node: https://www.cryptoknowmics.com/news/blockchair-in-blockchain-world-let-us-explore-the-explorer-in-2020
Time Stamp: August 1, 2020 6:20 AM - Modified On: May 21, 2021 - Published By:
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Table of Contents Rate this post Blockchain technology has the whole new world to explore whether in term of applications, tools, features, compatibility with other technologies and many more. In earlier days, when Bitcoin was launched in 2009, it was considered that Blockchain is meant for the financial system only. But, as the potential of technology was analysed by the various communities, they concluded that Blockchain is meant for exploration. In this article, we will limit our nerves to explore to cryptocurrency. In the crypto marketplace, investors generally keep track

3 Reasons Why Bitcoin Transactions Are Slow

Source Node: https://coinidol.com/bitcoin-transactions-slow/
Time Stamp: August 1, 2020 4:27 AM - Modified On: May 21, 2021 - Published By:
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Aug 01, 2020 at 08:27 // News Despite Bitcoin offering unprecedented decentralization and security, its network has one significant flow, namely, the transaction speed. A single transaction processing can take up to 10 minutes. But why is this happening? To understand why bitcoin transactions sometimes take so much time to confirm, it is essential to first understand how they are verified. Delving into the essence Once a transaction is created, a transaction message is sent to the Bitcoin blockchain and passed around all the nodes available on the network. This

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

Source Node: https://medium.com/the-capital/theres-more-to-bitcoin-s-rally-than-just-inflation-fears-418c7b168753?source=rss-------8-----------------cryptocurrency
Time Stamp: August 1, 2020 12:15 AM - Modified On: May 21, 2021 - Published By:
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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

Crypto Tidbits: Bitcoin Explodes Past $11k, Ethereum 2.0 Nears, Cardano’s Shelley Launches

Source Node: https://www.newsbtc.com/2020/08/01/crypto-tidbits-bitcoin-11k-ethereum-2-cardano-shelley/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-tidbits-bitcoin-11k-ethereum-2-cardano-shelley
Time Stamp: August 1, 2020 12:00 AM - Modified On: May 21, 2021 - Published By:
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Another week, another round of Crypto Tidbits. It’s been an explosive week for the Bitcoin and crypto market, to say the very least. Bitcoin surged from under $10,000 to as high as $11,500 this week. Over the past seven days, the asset has gained approximately 20% — the best weekly performance in many months. Chart of BTC's price action over the past two weeks from TradingView.com Bitcoin’s recent price action comes as a breath of fresh air for crypto traders, which had to deal with BTC flatlining in the $9,000s for

Exchange CEO Explains Bitcoin Exploring Uncorrelated Price Action

Source Node: https://cointelegraph.com/news/exchange-ceo-explains-bitcoin-exploring-uncorrelated-price-action
Time Stamp: April 9, 2020 1:14 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin’s price initially dumped alongside the mainstream markets, but now looks to be exploring its own route. “When the stock markets crashed, Bitcoin crashed,” AAX crypto exchange CEO Thor Chan told Cointelegraph. “It appeared that they were correlated,” he posited, adding:“However, the previous plunge of Bitcoin together with traditional financial markets is due to a liquidity problem. People dump whatever they can in any market. This is very extreme and rare because even the ‘safe haven’ assets dropped. Soon after, the liquidity became ‘normal’ again, we’ve seen Bitcoin’s price is discovering

Forbes Billionaires List of 2020 Shows Four Crypto Proponents

Source Node: https://insidebitcoins.com/news/forbes-billionaires-list-of-2020-shows-four-crypto-proponents/257318
Time Stamp: April 9, 2020 8:24 AM - Modified On: May 21, 2021 - Published By:
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Forbes has recently published its list of 2,095 billionaires.  Within this list, only four of these entries were in regards to entrepreneurs who made their fortune through crypto. As it stands now, the richest man in the crypto industry is Micree Zhan, the co-founder of Bitmain. Zhan appears at Number 690, clocking in at a net worth of $3.3 billion.The 1% Goes GlobalWhile it may not be to everyone’s taste, some good news has come amid these trying times of the COVID-19 pandemic. It’s already established that amid trying times,