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Ethereum Is At a Pivotal Resistance, and a Rejection Could Send ETH to $300

Ethereum has seen a strong performance in the past 24 hours. The coin has reached its highest price in days as it moves to $360. While this is bullish price action, Ethereum printed a number of wicks above the current price. This important as above ETH’s current price is an important horizontal resistance. Ethereum failing …

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The Inevitable Marriage of Yield Farming and NFTs, Explained - CoinDesk

The Inevitable Marriage of Yield Farming and NFTs, Explained – CoinDesk

Why is the marriage of non-fungible tokens (NFTs) and decentralized finance (DeFi) happening now? It’s debatable but you can make an argument that it comes back to DeFi’s favorite robo-advisor for yield: Yearn.Finance. Lately, everything in DeFi seems to link back to Yearn.Finance in some way. The excitement in DeFi has shifted to the NFT …

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Blockchain Bites: DeFi Meets NFTs, TSLA Beats Bitcoin in Volatility, Uniswap Breaks $2B – CoinDesk

Bitcoin is moving off exchanges, has been less volatile than TLSA and broke its record for longest streak trading above five figures.  Also: Bitwise’s bitcoin fund has more than doubled in size, KuCoin was hacked and Jack Dorsey dropped a few more hints about his decentralized social media standard, Blue Sky.  Top shelf Accredited investor …

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Ocean Protocol Forks to Retrieve Tokens Stolen From KuCoin Exchange - Helena Bitcoin Mining

Ocean Protocol Hard Fork Freezes Funds From KuCoin Hack – CoinDesk

Artificial intelligence and data service Ocean Protocol has suspended its old contract on the Ethereum blockchain and hard-forked its project, following the $150 million KuCoin hack. On Sunday at 22:00 UTC, Ocean Protocol announced it had migrated from its old token address to a new one to thwart the KuCoin hacker’s attempts to offload 21 …

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Anonymous donor saves OpenBazaar... for now

Anonymous donor saves OpenBazaar… for now

On September 25, OpenBazaar announced that their platform would likely shut down due to financial difficulties, stating that user growth and adoption had stalled. According to a tweet published on Open Bazaar’s official Twitter account, a mysterious donor has since agreed to cover the cost of the marketplace’s operations through the end of the year. …

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Growth of top decentralized exchanges year-to-date

Soaring decentralized exchange volume suggests the DeFi craze is not over

Uniswap, the most widely utilized decentralized exchange on Ethereum, has seen explosive growth throughout the second quarter. In fact, less than a month ago, Uniswap’s trading volume surpassed Coinbase Pro as the exchange processed $426 million worth of trades in a 24 hour span. Throughout 2019, the decentralized finance (DeFi) market was relatively stagnant until …

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The KuCoin Hacker is About to Sell Stolen Chainlink; Why Analysts Aren’t Concerned

The KuCoin Hacker is About to Sell Stolen Chainlink; Why Analysts Aren’t Concerned

KuCoin, a somewhat popular cryptocurrency exchange headquartered in Singapore, experienced a major security breach last week that led to the loss of over $150 million worth of crypto tokens, including Bitcoin, Chainlink, Ethereum, and a plethora of altcoins. Although this has yet to have any grave impacts on the crypto market, the selling patterns from …

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Ethereum

Ethereum’s “Resilience” Suggests That a Massive Move Higher is Brewing

Bitcoin has been guiding the entire market higher, which has provided a tailwind for Ethereum that has lifted it higher as well The cryptocurrency is now pushing towards its high time frame resistance zone between $380 and $400 How it responds to this level – should it be tested in the near-term – will offer …

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Market Wrap: Bitcoin Hits $10.9K; Ether Options Signal Short-Term Volatility – CoinDesk

An early rally Monday almost pushed bitcoin over $11,000; the ether options market expects volatility in the short term. Bitcoin (BTC) trading around $10,874 as of 20:00 UTC (4 p.m. EDT). Gaining 1% over the previous 24 hours. Bitcoin’s 24-hour range: $10,705-$10,956 BTC above its 10-day and 50-day moving averages, a bullish signal for market …

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Ethereum cumulative fees in 2020 eclipsed Bitcoin’s for the first time

Ethereum cumulative fees in 2020 eclipsed Bitcoin’s for the first time

Cumulative transaction fees paid to Ethereum (ETH) miners for 2020 are now close to double those of Bitcoin (BTC), clocking in at $276 million versus $146 million. A chart released by Coinmetrics highlights how Ethereum fees went on a steep ascent in the latter part of the year, coinciding quite closely with the release of …

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