Bitcoin’s organic valuation is at an all-time high and it’s a bright mid-term sign
BTC $13,195 (-3%) • ETH $385 (-5.9%) • XRP $0.245 (-3%)
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The Bitcoin NVT Ratio is at an all-time high, which indicates that the blockchain network activity is supplementing the price. The metric shows the ongoing rally of BTC is organic, led by genuine retail and institutional demand.
📈 Trending … DeFi Tokens • Oracle Tokens • Biggest Gainers • Stablecoins
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Chainlink founder Sergey Nazarov on DeFi, smart contracts, and how oracles solve big problems
Last week’s BlockDown 3.0 virtual event saw Chainlink founder Sergey Nazarov discuss the rise (and fall) of decentralized finance applications, the Chainlink protocol, and the use of smart contracts in a virtual fireside chat.
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Mastercard CEO is bearish on Bitcoin, but sees growth for CBDCs
Ajay Banga, CEO of global payments and card technology firm Mastercard, is not sold on the Bitcoin promise of banking the unbanked individuals, he said in an interview with Fortune yesterday.
Yearn.finance (YFI) now back at price parity with Bitcoin after spiking to $44k
Shortly after Yearn.finance’s YFI coin launched in July, changing the Ethereum DeFi world forever, the pseudonymous Crypto Twitter personality “Blue Kirby” began to popularize the “1 YFI = 1 BTC” meme.
ConsenSys finds massive DeFi yields are “number one threat” for Ethereum 2.0 upgrade
Decentralized finance (DeFi) protocols have attracted billions of dollars worth of crypto capital this year alone, with investors oft-punting on projects that promise sky-high yields and other avenues that promise returns.
Miners begin offloading Ethereum holdings as it continues underperforming BTC
Ethereum has been severely underperforming Bitcoin throughout the past few days and weeks, with the second-largest cryptocurrency by market capitalization currently trading far below its yearly highs.
JPMorgan stablecoin goes live, interbank group renamed to “Liink”
JPMorgan, the US bank whose CEO Jamie Dimon once called Bitcoin a scam and held a bearish stance for the cryptocurrency market, today announced the launch of its stablecoin and blockchain protocol after years in the development.
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