Opportunity

RenVM Guide: A Private and Interopable DeFi Platform

Source Node: https://www.asiacryptotoday.com/renvm-guide-a-private-and-interopable-defi-platform/
Time Stamp: August 15, 2020 9:53 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

With the objective of solving concerns on privacy, interoperability, and liquidity in decentralized applications, the RenVM ecosystem was established. This is yet another successful DeFi project with cross-chain interoperability, only this time, with better privacy features. The Republic Protocol and its RenVM project were aimed to provide large volume and high-frequency traders the opportunity to execute trades without spooking the market with their calls. With the help of darknodes, they maintained an exchange with a hidden order book. Table of Contents Background Ren began in late 2017 under the Republic

Samsung Phone Support for Gemini Exchange Can Further Crypto Adoption

Source Node: https://cointelegraph.com/news/samsung-phone-support-for-gemini-exchange-can-further-crypto-adoption
Time Stamp: August 15, 2020 4:30 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In a major new partnership, Samsung has announced that the Samsung Blockchain Wallet will be integrated with Gemini, a New York-based crypto exchange. This integration will allow owners of newer Samsung Galaxy phones to not only use their devices as cold storage wallets but to buy and sell crypto via the Gemini exchange as well.Samsung is the global leader in the smartphone market, with 298.1 million units shipped and a 21.8% market share in 2019, according to tech analytic firm Canalys. Adding support for Gemini will lower the barrier to

Analysts Are Expecting Chainlink (LINK) to Pull Back After Parabolic Advance

Source Node: https://bitcoinist.com/analysts-chainlink-pull-back-parabolic-advance/?utm_source=rss&utm_medium=rss&utm_campaign=analysts-chainlink-pull-back-parabolic-advance
Time Stamp: August 15, 2020 12:00 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Chainlink (LINK) has been embroiled in a parabolic rally in recent weeks. The asset has gained hundreds of percent since the March capitulation lows. Chainlink could undergo a correction as technical signals suggest that the asset is overbought. There are also on-chain signals that show LINK investors are hesitant to believe the rally will continue. What may boost the asset’s bull case, though, is an increasing number of short position holders. This increases the likelihood of a “short squeeze” that will transpire, pushing prices higher once again. Chainlink Could See

$99 Gas Fees on Ethereum Are Crippling DeFi’s Growth

Source Node: https://cointelegraph.com/news/99-gas-fees-on-ethereum-are-crippling-defis-growth
Time Stamp: August 14, 2020 12:02 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The surging popularity of decentralized finance (DeFi) protocols on Ethereum (ETH) has contributed to skyrocketing fees, with the network processing an all-time high of $6.87 million in total fees yesterday. Speaking to Cointelegraph, Synthetix (SNX) founder and CEO, Kain Warwick warned that high fees were impacting the growth of DeFi, stating:“In the last three months, we’ve gone from an environment where DeFi was expensive to use and a little bit slow, to now, [where] for a lot of people it’s prohibitively expensive.”Ethereum fees have spiked nearly 100% over the past 24

90% Crypto Investors Worry About Their Investment – What Will Happen After Their Death

Source Node: https://bitcoinsinireland.com/90-percent-crypto-investors-worry-about-their-investment-what-will-happen-after-their-death/
Time Stamp: August 13, 2020 6:52 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Cryptocurrency and blockchain have become the most trending topic worldwide, especially on the internet. Mostly, investors and traders are involved more in cryptocurrencies. Because the crypto market gives good returns, and it offers an excellent opportunity for the traders too.Recently, a study revealed that 90% of the crypto investors are worried about their investment in cryptocurrencies. They are wondering what will happen to their crypto assets after their Death. However, some people have some proper plans for it. But some investors, particularly younger ones, are only thinking about their own.How

Gold’s Sharp Rebound After Rout Hints Bitcoin En Route to $12K

Source Node: https://bitcoinist.com/golds-sharp-rebound-after-rout-hints-bitcoin-en-route-to-12k/?utm_source=rss&utm_medium=rss&utm_campaign=golds-sharp-rebound-after-rout-hints-bitcoin-en-route-to-12k
Time Stamp: August 13, 2020 2:01 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Gold’s sharp rebound after logging its biggest plunge in 7 years left Bitcoin (Symbol: BTCUSD) in a comfortable space. The benchmark cryptocurrency seemingly copied the precious metal’s retracement moves during the Wednesday session. At one point in time, it was trading at $11,148 (data from Coinbase), down 7.76 percent from its weekly top. But it bounced back ahead of the New York session, rising about 4.54 percent from its intraday low. The same happened to gold (Symbol: XAUUSD). The metal plunged by more than 10 percent from its record high

Token Launches From Ethereum to Telegram: Where Do We Go From Here?

Source Node: https://cointelegraph.com/news/token-launches-from-ethereum-to-telegram-where-do-we-go-from-here
Time Stamp: August 12, 2020 9:51 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do not speak publicly about ongoing enforcement actions. In late July, however, with the Telegram case settled, Commissioner Peirce gave a speech titled “Not Braking and Breaking” that pointedly questioned the approach taken by the SEC in the Telegram case. Concluding her remarks, Commissioner Peirce asked:“Who did we protect by bringing this action? The initial purchasers, who

LocalCryptos Integrates Inbuilt Crypto-To-Crypto Exchanges, Powered by ChangeNOW

Source Node: https://beincrypto.com/localcryptos-integrates-inbuilt-crypto-to-crypto-exchanges-powered-by-changenow/
Time Stamp: August 12, 2020 2:45 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

ChangeNOW is happy to announce the integration with LocalCryptos – the world’s most popular non-custodial peer-to-peer crypto marketplace! From now on, LocalCryptos users can swap cryptocurrencies right inside its built-in non-custodial crypto wallet. To perform the desired trade in a different cryptocurrency, you don’t have to waste your time looking where to swap your crypto anymore. LocalCryptos has a built-in non-custodial web wallet supporting multiple cryptocurrencies. Within this wallet, users will now see a new “Swap” feature. Simply select the pair and set the amount, and your crypto will be

Institutional FOMO? CME Bitcoin Futures Open Interest Soars to $841M

Source Node: https://cointelegraph.com/news/institutional-fomo-cme-bitcoin-futures-open-interest-soars-to-841m
Time Stamp: August 11, 2020 8:15 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Today the open interest on Chicago Mercantile Exchange Bitcoin (BTC) futures reached a new all-time high at $841 million. Although this can't be deemed bullish on a standalone basis, it does signal that professional investors' interest in Bitcoin continues to grow at an immense rate. Further proof of this comes as MicroStrategy, a Nasdaq-listed company worth more than $1.2 billion, announced the acquisition of 21,000 Bitcoin for $250M. This shows that regardless of what critics have said about cryptocurrencies, savvy investors and entrepreneurs have recently built sizable positions in Bitcoin and some altcoins.CME