by colin adams | Nov 30, 2020 | Uncategorized
Bitcoin’s recent price drop has wiped away some speculative “froth” but further downtrends remain possible, according to analysts at JPMorgan Chase. For context, the bitcoin (BTC) price started off last week with a significant increase, arriving at a new yearly high...
by colin adams | Nov 27, 2020 | Uncategorized
A senior Chinese finance official has said that the digital renminbi (RMB) will not replace Alipay, WeChat Pay, and bank cards for the next decade. According to an article posted on the QQ platform, these comments came from Li Lihui, the leader of the Blockchain...
by colin adams | Nov 26, 2020 | Uncategorized
Less than two days after news broke that decentralized finance (DeFi) platform Yearn.Finance (YFI) had absorbed the Pickle Finance protocol, it announced another merger. This time with DeFi protocol Cream. In a blog post published on Nov 26, Yearn said that the two...
by colin adams | Nov 25, 2020 | Uncategorized
Coinbase Pro, the service for professional cryptocurrency traders offered by the San Francisco-based exchange, will no longer feature margin trading. The news was announced in a brief post by its Chief Legal Officer, Paul Grewal, on Nov 24. In the post, Grewal...
by colin adams | Nov 24, 2020 | Uncategorized
The price of Ripple’s XRP token, currently the world’s third-largest cryptocurrency by market cap, shot up to $0.90 today, only to quickly fall back 30%. This was apparently driven by Coinbase users as the price of XRP did not reach the same levels on...