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Day: December 11, 2019

cryptocurrency December 11, 2019

\n $85M worth of USDT was just moved on Ethereum’s blockchain. The total cost of the transfer was just $0.03. Recently, Tether has been token swapping its USDT on the Omni blockchain to Ethereum. Yesterday, around $200M of USDT was converted to Ethereum and represented on the public chain. Binance was the third-party that facilitated […]

cryptocurrency December 11, 2019

\n Investments in Ethereum-based decentralized finance (DeFi), a much-vaunted sphere of digital assets, has been increasing at a staggering rate, up over 200% from the same time last year. DeFi services include lending, decentralized exchanges, derivatives, payments, and assets. Considered an overall indicator of the health of the space, the $650 million locked up in […]

cryptocurrency December 11, 2019

Ripple price declined recently below the $0.2240 and $0.2220 support levels against the US dollar.The price is currently correcting higher, but facing resistance near $0.2240 and $0.2260.There is a key bearish trend line forming with resistance near $0.2240 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is facing an increase in […]

cryptocurrency December 11, 2019

Being an integral part of the Ethereum’s blockchain transition to PoS, the difficulty bomb may pose a threat to miners and projects. The Ethereum block difficulty began to grow back in November 2016. Since then, developers have been constantly forced to carry out hard forks to keep the network up until the transition to a […]

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