Monthly Archives: August 2020

On Solid Ground: Stablecoins Thriving Amid Financial Uncertainty

The state of stablecoins: Demand for stablecoins continues to grow amid financial uncertainty. As a new COVID-19 stimulus bill is debated in the United States Senate and Bitcoin (BTC) begins to bounce back from its volatility lows, the demand for stablecoins continues to grow. Powered both by the stability that they provide to tokenholders and the demand created by decentralized finance lending and yield farming, stablecoins — Tether (USDT) in particular — continue to hit record figures consistently. According to a report by cryptocurrency data and research […]

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New 2020 Bitcoin Price High at $11,965 Proves Bulls Remain in Control

Bitcoin price rallied through a key resistance zone and secured a new 2020 high at $11,965. After securing a strong daily close, Bitcoin (BTC) price continued to press higher by cruising through the $11,900 level within the last hour. Crypto market daily price chart. Source: Coin360 Breaking through the $11,500-$11,800 range was the bulls most significant achievement of the last week and a number of analysts have noted that above the $12,000 level there is little overhead resistance. This has led some traders to forecast a swift […]

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Dispelling the Myth That Bitcoin Proponents Want a Cashless Society

Bitcoin and a great number of other cryptocurrencies are electronic versions of currency. Many people falsely assume that crypto proponents are for a cashless society and this is certainly not the case. If we removed the central banks’ printing fiasco and the inflationary practices from cash, we all know that cash is great for anonymity and fungibility. But the nation-states and central banking cabal are in charge of the fiat game and the monetary system today does come with serious manipulation and inflation. Most crypto supporters, just […]

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Five Years Since Launch, Is Ethereum Creating a New Boom?

A look into DeFi versus ICOs as another year passes for Ethereum. The Ethereum network has just turned five years old. Although the project was first announced at the North American Bitcoin Conference in January 2014, its genesis block was only mined on July 30, 2015. Since then, Ether (ETH) has become the dominating altcoin in market capitalization, popularity and network value settlement, having even surpassed Bitcoin in the latter. Ethereum was created with myriad possibilities in sight, allowing for smart contracts, powerful tokenization, complex decentralized applications […]

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$2.6 TRILLION DOLLAR CRYPTO MARKET CAP BY YEAR END?

#bitcoin #cryptocurrency #altcoins Disclaimer: I am not a financial advisor and this is not financial advice. Everything expressed is my personal opinion only! Learn EVERYTHING you need to know about Crypto for $10 instead of $195 here: https://www.udemy.com/cryptocurrency/?couponCode=CRYP10 Learn how to be an adept Cryptocurrency trader for $10 here: https://www.udemy.com/cryptocurrencytrading/?couponCode=TRAD10 Telegram Group: https://t.me/sygchat Follow me on Steemit to read my Crypto blogs at https://steemit.com/@suppoman/ Get started with me on Coinbase today here: https://www.coinbase.com/join/58da6c18b6c7053a85 Powered by WPeMatico

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After the US Senate Pros and Cons on Digital Money — What Do We Do With It?

The crypto industry has the best historical moment to change the discourse about cryptocurrency and its reputation into a successful innovative tech sector. The COVID-19 pandemic has certainly accelerated the digitalization of economies across the globe, opening up discussions on the future of digital financial services and whether our economy should advocate for the financial inclusion of Bitcoin (BTC) and other digital assets. Yet, despite the horror we have been seeing as our industries continue to suffer, the digital payments industry is expected to thrive, based upon […]

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3 Reasons Why Ethereum Price Rallied 75% to Hit a 2-Year High at $395

Ethereum price hit a 2-year high today and 3 factors suggest the altcoin could rally even higher. In the last two weeks, Ether (ETH) price increased by 75% as the price rallied from $222 to $390. Many investors believe Ether’s momentum is buoying the entire market, and possibly even pushing Bitcoin (BTC) upwards. ETH-USD daily chart. Source: TradingView.com Three factors that appear to be triggering the strong Ether rally are: DeFi, ETH 2.0, and the current prolonged rally taking place in the altcoin market. DeFi growth is […]

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