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Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug

13.8.2020
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited....

Goldman Sachs Sees ‘Resurgence of Interest’ in Crypto from Institutions

7.8.2020
There is currently a “resurgence of interest” in cryptocurrencies, but this time around it’s not from retail investors, but rather the financial institutions, the new head of digital assets at investment banking giant Goldman Sachs revealed in a recent interview. Mathew McDermott, the recently...

Digital Art Trading Platform ‘SuperRare’ Sees Volume Increase 365%

5.8.2020
The digital art scene is becoming a hotbed of activity for non-fungible tokens

South African Bitcoin Investment Company Faces Fresh Scam Allegations

4.8.2020
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027...

XRP Jumps As Ripple Sees Stronger Demand From Institutions

4.8.2020
Source: Adobe/Тихон Купревич After a decline in its sales of XRP tokens in the first quarter of the year, the California-based fintech firm Ripple sold more in the second quarter thanks to demand from institutional buyers. Ripple’s total XRP sales ended at USD 32.55m for the second quarter, versus...

Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold

30.7.2020
U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness. Oppenheimer Analyst...

‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk

30.7.2020
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Bitcoin.com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Huge Demand for OTC Crypto...

Coinbase Sees More Institutional Investors Buying Bitcoin in H1

29.7.2020
Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange...

US Regulator Green-Lights Banks for Cryptocurrency Custody Services

23.7.2020
The Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers. The OCC sees banks providing crypto custody services as “a modern form of traditional bank activities related...

tZERO Platform Sees 1,500% Growth, Lists ASPEN Token

23.7.2020
As real estate security tokens grow in popularity, tZERO has partnered with Aspen Digital to support trade in a five-star resort-backed token

Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy

23.7.2020
The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing, but rather just another tool that can be used to maintain U.S. hegemony

Elon Musk Pumps Dogecoin, Bitcoin Sees Record Stability: A Data Perspective by IntoTheBlock

22.7.2020
Powered by This Week in Crypto: A Data Perspective (July 20-24) Every week, IntoTheBlock brings you on-chain analysis of topContinue Reading The post Elon Musk Pumps Dogecoin, Bitcoin Sees Record Stability: A Data Perspective by IntoTheBlock appeared first on CoinMarketCap Blog

Surging Altcoin Ampleforth Sees Strong Volatility

21.7.2020
Source: Adobe/by-studio The little-known altcoin ampleforth (AMPL) has received more attention in the Cryptoverse after it rallied to become this week’s best-performing coin among the top 50 cryptoassets by market capitalization, while simultaneously seeing extreme volatility both to the upside...

Crypto Social Network ‘Minds’ Sees Users Flock From Twitter and Facebook Over Privacy Concerns

19.7.2020
Crypto social media platform Minds has been garnering users who are concerned about their privacy, according to the company’s CEO. The open-source platform, seen as an alternative to Facebook or Twitter, awards users with cryptocurrency for engagement. Crypto Social Network Minds Gaining...

Elon Musk Sees ‘Dogecoin Standard’ Future — DOGE Price Rises 14%

18.7.2020
Tesla CEO Elon Musk trolled the crypto community once again with a tweet about Dogecoin as DOGE price reacts upward

Macro Indicators Predict BTC Rally as Bitcoin Price Volatility Sees 3-Year Low

15.7.2020
Four macro indicators suggest a Bitcoin uptrend is near, following nearly two months of stagnation in a tight range

US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises

9.7.2020
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing...