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Day: October 6, 2020

cryptocurrency October 6, 2020

Advertisements DeFi-tokens corrected heavily over the past 30-days but on-chain data suggest Ether is in the early stages of a bullish reversal. While Ether (ETH) price has been stuck between the $340-$350 range for the last month, multiple on-chain metrics suggest that a recovery may be building. Santiment, a cryptocurrency data analytics firm, recently noted […]

cryptocurrency October 6, 2020

Ethereum has been holding up well compared to the rest of the DeFi space, but the recent news that the second-round of stimulus checked proposed by the House was rejected by Trump has changed that. Advertisements The top-ranked altcoin just took 3% off its value in a matter of thirty minutes or less following the […]

cryptocurrency October 6, 2020

Advertisements Interoperable DeFi platforms can help with Ethereum’s high transaction fees. The team behind RSK, a smart-contract-enabled sidechain extension for Bitcoin, announced Tuesday that Maker’s Dai stablecoin is now available on the platform. The integration makes it possible to transfer Dai from Ethereum to the RSK sidechain, which makes it available for use in its […]

cryptocurrency October 6, 2020

Key Takeaways Their are five pillars making up the Flamingo Finance ecosystem: Wrapper, Swap, Vault, Perp, and DAO. Despite how lucrative its Mint Rush event was, the protocol quickly faltered under the duress of heavy traffic. The rocky start for the Chinese DeFi protocol has kept Flamingo from major adoption, but it’s still early days. […]

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