Bitcoin nailed a new all-time-high at $19 906 today in the wake of setting a new ATH yesterday at $19 856. The most anticipated $20K is yet to be reached, and according to the price action, establishment of a new ATH at levels around $20K is still possible.
Decentralized Finance (DeFi) protocol Yearn.Finance is advancing in its season of mergers with the latest announcement coming in to feature another DeFi notable DeFi giant SushiSwap.
Coinbase said that it will support ETH 2.0 staking rewards in eligible jurisdictions starting from early 2021. Other crypto exchanges like Huobi, Kucoin, and Binance has also made similar announcements.
Bitcoin reaches an all-time high in three years in a 167% year-to-date increase that has been attributed to illiquid BTC and proposed regulatory changes among others. All this happened despite low publicity.
Already four of Tron’s applications including BitTorrent, BitTorrent Pro, uTorrent, and uTorrent Pro have become available in the Huawei ecosystem.
Rogers’ entry into the Ledger ecosystem coincides with the ongoing crypto hype that has seen most crypto assets rally in double digits in the past 30 days.
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The DeFi project will link the Basis coin to two other crypto assets: Basis Shares and Basis Bonds. These assets shall control the price of BAC at $1 based on the supply and demand.
Pizza Hut, one of the world’s largest fast-food chains, is now accepting cryptocurrency payments. It has recently revealed it will now be accepting Bitcoin and Dash payments in all its outlets in Venezuela.
The soon-to-be-launched xSigma DEX will be a game-changer for the nascent defi industry as it seeks to resolve the underlying problems of non-custodial trading.
According to reports, 98% of Raoul Pal’s liquidated net worth would be invested in Bitcoin and Ethereum in the ratio 80:20.
The Bitcoin mining difficulty after reaching its all-time high in October 2020 took drastic steps backward between October 17 and November 2 from 146.5EH/s to 106.6 EH/s.
Despite RippleNet general manager’s belief that Bitcoin maximalism is over, the king coin has been pulling in continuous jump.
In its filing with the US SEC, Guggenheim says that it wants to facilitate a 10% exposure from its $5 billion Macro Opportunities Fund, to Bitcoin. The investment, however, will happen through the Grayscale Bitcoin Trust and could be the biggest institutional investment after MicroStrategy.
Investor Raoul Pal notes that institutional purchases are storing Bitcoin in cold storage creating a supply squeeze. This will propel BTC price to new highs with a wide gap in demand and supply.