Ethereum (ETH) Moving Close to 100% Addresses in Profit

A recent report from blockchain metrics and data tracker Glassnode reveals that 90% of all Ethereum addresses are now in profit. Not since January 2018 have so many Ethereum holders been in profit, as the cryptocurrency catapulted through the $700 resistance level. The growth has resulted in many questioning whether Ethereum may present the best risk/reward crypto going into 2021.…

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Coinbase CEO Brian Armstrong Announces Challenge to New FinCEN Regulation

smartphone coinbase

The US Treasury Secretary Steven Mnuchin recently announced the proposal of new rules to regulate the use of non-custodial cryptocurrency wallets.  The new rules would require that anybody sending more than $3,000 in crypto must provide their identity and the identity of the recipient. Additionally, wallet providers must report any transaction exceeding $10,000 to the necessary regulators. Such rules already…

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New Blockchain-based Music Rights App Utopia Open Platform (UOP) Launches with December IEO Planned

blockchain banking concept

The open standards project Utopia Genesis Foundation is planning the December launch of a blockchain platform that will allow musicians to sell their own music while maintaining rights and gathering data. The foundation was formed with the aim to provide an open and standardized process for the music industry to track, process and tokenize rights. As of today, the Utopia…

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Bitcoin (BTC) Enters the New Rally as a Different Beast, More Mature and Subdued

man looking at a bitcoin

Bitcoin’s overall market capitalization reached a new record high of $339.86 billion earlier today on November 18, 2020, according to data from leading analysis site CoinMarketCap. It’s previous highest market cap valuation was $336.43 billion, recorded on December 17, 2017, just before the famous 2018 crash and two-year long bear market that followed. The new record was set as the…

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Bitcoin (BTC) Usually Wins Big in November, Will 2020 be the Same?

bitcoin growth chart

A recent article from popular analysis and data firm Ecoinmetrics should give Bitcoin investors something to celebrate. According to a recent report, historical data reveals that Bitcoin typically provides its highest average returns in the month of November. A comprehensive graph accompanying the report shows that average returns throughout June, July and August are as little as 5%, with September…

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New DeFi Project from YFI’s Andre Cronje Up 1000% Within Days of Launch

phone and blockchain concept

South African Andre Conje, developer of the y.Earn Finance (YFI) platform, has quietly launched a new decentralized project called Keep3r Network. The project is a decentralized job board designed to bring together developers in the blockchain space. Cronje launched the project on GitHub this week, with the Keep3r token KP3R enjoying immediate gains of 25% before consolidating briefly and then…

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How to Find A Good Crypto Casino?

question marks on screen

Ever since crypto casinos were invented their popularity increased among enthusiasts. Online gambling platforms quickly realized the potential for including cryptocurrencies in their portfolio and people suddenly got a taste of anonymous, peer-to-peer transactions. Crypto casinos offer an unadulterated gambling experience and that is what primarily draws audiences. Crypto casinos offer a bunch of perks compared to their traditional counterparts.…

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Can lesser-known cryptos become a viable payment method for online casinos?

Flying altcoins with Bitcoin in the center as the leader

Cryptocurrencies are gaining prominence into the online casino world slowly. Several casinos have started including cryptos as one of the payment options onto their platforms. Furthermore, there are even crypto-dedicated casinos that are designed to accept only digital currencies for online gambling on their site. The most common cryptocurrency that is currently popular everywhere is Bitcoin. It is so popular…

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