In this review, we are going to take a closer look at two established cryptocurrency exchanges that provide different services for the blockchain community – Coinbase and Changelly. Changelly is primarily used to convert one cryptocurrency for another, while most investors use Coinbase as an “on-ramp” to convert fiat currency (e.g. US…
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Over the past few weeks, Ethereum-based MakerDAO has been subject to an interesting phenomenon: the DAI stablecoin, minted through Maker’s collateralized debt positions (CDP), has been trading at a slight but constant premium to $1.00, the price it is built to trade at. The premium is only a…
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As Bitcoin jumps to nearly $6,900, altcoins follow up. However, this time, the world’s leading cryptocurrency is the one that is ruling the market with over 6% gains in the past 24 hours. After experiencing a massive sell-off that dominated all asset classes, whether equities or gold,…
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What is a Stablecoin? What do They Do? Why Do We Need Them?Source: https://pixabay.com/nl/photos/munten-calculator-begroting-1015125/The Bitcoin and cryptocurrency market cap has been quite volatile ever since the initiation of the Bitcoin Genesis block, back in 2009. In its ten-year odyssey, the market has gone through a few bumpy market cycles.Bitcoin…
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Quick Take DigixDAO is dissolving following a vote. DGD token holders voted to liquidate DigixDAO’s $64 million worth of ether (ETH) treasury Notably, Digix Global and its other token, DGX, will continue to operate as a private endeavor
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The cryptocurrency market was particularly volatile in the last few weeks. Bitcoin SV stands tall today with a serious increase of over 20% in the past 24 hours alone. At the time of this writing, BSV trades at around $307. BSV has been on a rollercoaster throughout…
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Most of the cryptocurrency market has been trading in the red over the last 24 hours. However, altcoins are seemingly making a slight recovery when looking at the bigger picture, as Bitcoin’s dominance loses 1%. Bitcoin’s price has been ranging between $7,400 and &7,600 in the last…
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Quick Take DigixGlobal, the company behind DigixDAO (DGD), is considering a full liquidation of DigixDAO’s treasury balance of 386,250 ETH and returning it to DGD token holders Because DGD’s market cap currently trades at a 60% discount to the value of ETH in its treasury, a full…
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You’ll never buy a Lambo if you lose all your cryptocurrency to some sneaky hacker, which is why in 2019 it is more important than ever to ensure the wallet you choose is top of the line. The ways that we store crypto have changed drastically throughout…
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The CryptoDaily Large-Cap Cryptocurrency Index recovered to 32.52 on Friday from 31.92 on Thursday, a 1.88% increase. The Large-Cap Index is down 5.77% over the past 7 days and is up 4.33% over the past 30 days.  Ravencoin (RVN) led the gainers with a +15.7% improvement to…
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