Last week, as Bitcoin resurged after briefly falling below $30,000, a good number of altcoins embarked on their own relief rallies. Telcoin (TEL) was among this large group of digital assets whose prices shot up on July 21. Unlike most of its peers, however, TEL’s upward trend remained alive for the entire week, leading to
Altcoins
Bitcoin made a huge move, opening this week with some decent gains but it was rejected just above $40K. Right around that resistance, bears started to pull the price down but bulls are still pushing in as BTC traded at $39.73K at press time, highlighting daily gains of 6.74%. This week began with an exciting
XRP’s price swung higher on Wednesday as its parent company, Ripple, entered an agreement with SBI Remit to back a remittance corridor from Japan to the Philippines. Positive news boosts XRP’s price The Ripple blockchain’s native cryptocurrency, also ranked as the sixth-largest digital asset by market capitalization, reached its one-month high of $0.759 after rallying
Just $20 million of the $1 billion in cryptocurrency that Ethereum (ETH) co-founder Vitalik Buterin donated to a Covid-19 relief fund in India has so far been cashed out and distributed to aid recipients. Figuring out why the process is not as frictionless as crypto users would hope is the focus of a recent interview
India may not be charging a 2% equalization levy on crypto investors. Finance Minister of India, Nirmala Sitharaman was responding to a query by the deputy chief minister of the eastern state of Bihar about data concerning crypto exchanges and their investors in the country. Sitharaman noted that the current administration did not collect any
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*** This is not Financial Advice; I am not a Financial Advisor *** Coinmarketcap.com Home Rumble.com – The DRich Show Anchor.fm – The DRich Show: Apple Podcasts, Spotify, Google Podcasts, Breaker, Radio Public, Pocket Casts & Overcast Follow me on Twitter @drich5531 or on Gab @drich5531 Twitter Mentions: @Neloangelo314 & @thebearablebull Articles: 1. https://ledger.exposed/rich-stats#percentage 2.
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Developers of privacy-oriented cryptocurrency Monero (XMR) have identified a bug that could potentially impact users’ transaction privacy. On Monday, the official Monero Twitter account warned users of a “rather significant bug” that has been spotted in Monero’s decoy selection algorithm, a system designed to hide real output transactions among 10 decoys in a ring. First
Decentralized finance (DeFi) remains one of the fastest-growing subsectors of the cryptocurrency ecosystem and newly launched platforms looking to grow their userbase and attract liquidity typically offer high-interest staking pools for the first few weeks after launching. One new project that has steadily gained traction in terms of user growth and total value locked (TVL) since
Bitcoin had a strong 26.7% rally (as of press time) that made spot trading very profitable for investors, but the interesting fact is that this rally benefited the derivatives markets as well. Observing on-chain metrics show that Bitcoin Futures and Options performed as well. The most interesting fact was the sudden rise in one particular
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