Category: Crypto News

New Crypto Asset Surges 1,463% in Just One Month – Here’s Why This Food-Themed Project Is Gaining Serious Adoption

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Posted on February 12, 2021

A relative newcomer in the decentralized exchange (DEX) space is witnessing massive trading volumes, with its native token skyrocketing as high as 1,463% in the past month. PancakeSwap (CAKE), which launched in late 2020, and is now the third-largest DEX with more than $444 million in daily trading volume at time of writing, according to

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Shark Tank’s Kevin O’Leary Reveals Tiny Crypto Portfolio, Says Bitcoin Is Great

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Posted on February 11, 2021

Shark Tank star and millionaire investor Kevin O’Leary may be changing his tune on Bitcoin. O’Leary, who has been a vocal and longtime critic of digital assets, tells CNBC that he bought a small amount of crypto three years ago. “I have a crypto wallet. I really do, and I like it. Let me just

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Crypto Whale Abruptly Moves $932,000,000 in Bitcoin in Single Transaction

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Posted on February 11, 2021

A crypto whale is turning heads after moving nearly $1 billion worth of Bitcoin in a single transaction. The automated distributed ledger monitoring tool known as Bitcoin Block Bot detected the massive BTC movement. The whale in question moved 20,099 BTC worth $932 million for a fee of roughly $37, according to Blockchain.com. Before the

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Fundstrat Dramatically Increases Bitcoin Price Target for 2021, Predicts Ethereum Will Outperform BTC

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Posted on February 11, 2021

Investment research firm Fundstrat is more than doubling its 2021 Bitcoin price prediction, but bets Ethereum will significantly outpace the top cryptocurrency. Fundstrat’s lead digital asset strategist David Grider says that the investment research firm is raising its Bitcoin price target by two and a half times. “In our 2021 crypto outlook report two weeks

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Analyst Says XRP Poised To Pop and Outperform Bitcoin – Here’s His New Target

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Posted on February 11, 2021

A pseudonymous crypto strategist with a large following on Twitter is bullish on XRP. The trader, known in the industry as Credible Crypto, tells his 113,100 followers that the crypto asset is likely to break out against Bitcoin in the short term. “Did I mention I think XRP is gonna pop? Odds XRP increases against

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Billionaire Mark Cuban Now Owns Crypto Asset Backed by Investment Giant Pantera

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Posted on February 11, 2021

Mark Cuban now counts a Pantera Capital-backed crypto as one of the digital assets in his ever-growing cryptocurrency portfolio. Based on the contents of the Dallas Mavericks owner and Shark Tank star’s Ethereum wallet address, Cuban is now in possession of 2,500 PowerTrade Fuel (PTF) coins. PTF is the native token of PowerTrade, a crypto

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Top Trader Says One Crypto Asset Is Sleeping Giant, Warns Altcoin Shakeout Imminent

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Posted on February 11, 2021

A popular crypto trader who made a name for himself calling the March BTC bottom is predicting that altcoins are due for a significant correction in the short term. The pseudonymous crypto trader known in the industry as Capo says they believe altcoins will witness a large inflow of capital, but only after a significant

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DeFi Could Trigger Paradigm Shift in the Financial Industry, According to St. Louis Federal Reserve Report

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Posted on February 10, 2021

The St. Louis Federal Reserve, one of the 12 regional banks of the US central banking system, has published a new report analyzing the potential of decentralized Finance (DeFi). DeFi is an all-encompassing term describing a push to automate and remove middlemen from traditional financial services like trading, borrowing and lending, derivatives, and insurance. Fabian

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This Ethereum-Based Altcoin Will Turn Some Crypto Traders Into Millionaires, According to Crypto Trader Ben Armstrong

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Posted on February 10, 2021

Crypto trader and analyst Ben Armstrong says an Ethereum-based altcoin has the potential to turn early investors into millionaires. In a new video, Armstrong tells his 442,000 YouTube subscribers that he’s keeping a close watch on decentralized exchanges (DEXs) as the sector continues to show signs of rapid growth. “The demand for DEXs is growing

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Brian Brooks Predicts XRP Trading Will Resume in the US, Says SEC’s Case May Center on One Simple Question

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Posted on February 10, 2021

The former acting Comptroller of the Currency is offering his take on the legal battle between the SEC and Ripple. Brian Brooks tells Coindesk.TV he believes the case could come down to the status of XRP today, and whether it is a security today, and not what its status may have been 10 years ago.

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