Bitcoin: Why it’s not in a bear market
Even though Bitcoin has been in a correction phase for nearly two months, analysts and optimists have managed to maintain their bullish outlook. This rejection of a bear phase, while not entirely unjustified, has been made on numerous occasions by several analysts and Bitcoin advocates, most likely to maintain a positive investor attitude. According to […]
Harmony plans to merge traditional finance and DeFi with its hackathon
Harmony believes that DeFi has a lot to learn from traditional finance, $1M has been set aside for the hackathon which will run for roughly six weeks and includes four challenges from three different categories. The Harmony blockchain has launched registration for a hackathon that will take place next month and will include over $1 […]
Marenbach talks about Bitcoin, IEOs and his interest in DeFi
BeinCrypto spoke with Kraken’s Maximilian Marenbach on Bitcoin as a store of value, DeFi, Initial Exchange Offerings (IEOs), and the future of cryptocurrencies. Kraken is one of the world’s major cryptocurrency exchanges . At the time of writing, it had a 24-hour trading volume of $907.26 million. As a result, it has been at the […]
Ethereum soared more than 6.5 percent to $2,370, its highest level in over two weeks
On Sunday Ethereum, the second-largest cryptocurrency by market capitalization topped $2,350, its highest level since June 18. Investors’ demand for Ethereum is being fueled by the price stability of bitcoin and the expectation of significant protocol improvements. Despite Friday’s expiry of $230 million in Ether (ETH) options, investors seem to be cautiously optimistic about the […]
Andre Cronje Unveils new DeFi based on Forex
Andre Cronje, the developer of DeFi, has announced Fixed Forex, a new decentralized stablecoin exchange mechanism. In a Friday blog post, Andre Cronje revealed the idea, dubbed Fixed Forex. It allows users to create and exchange fiat-pegged stablecoins such as the US Dollar (USD), Euro (EUR), South African Rand (ZAR), Japanese Yen (JPY), Renminbi (CNY), […]