Decentralised finance or DeFi was already present in 2015 when Maker Foundation launched a decentralised lending platform under the name Maker DAO. But DeFi did not shape up until 2018. In early 2018, Uniswap was already a functioning service, and Compound was launched in 2018. But even then DeFi was not nearly as popular as it became in 2020.
As we move through the final month of the year, several cryptocurrency projects are moving ahead with continued development. Nevertheless, this week’s selection is topped by Bitcoin, which ended Week 51 with an amazing ATH price of above $24,000.
Recently, the price of Bitcoin has increased sharply, and BTC is currently traded at historically high prices. Currently, Bitcoin’s all-time high is above $24,000, and the move above $20,000 was met with euphoria in the cryptocurrency community.
FinCEN, a part of the U.S. Treasury, proposed new rules that could substantially impact cryptocurrency users in the United States if they come into effect. According to the proposed rules, cryptocurrency businesses would have to report transactions from their platforms to private cryptocurrency wallets, and keep a record of the recipient’s identity.
Cryptocurrency exchange Coinbase announced on December 17 that it has filed for a public offering with the U.S. Securities and Exchange Commission (SEC). The announcement of the filing, which has been rumoured to be on the table for quite some time, came just one day after Bitcoin broke the $20,000 barrier, which caused trading volumes to surge. Needless to say, such market circumstances are especially beneficial for exchange platform owners, who make most of their income from trading commissions.
The IPO markets are red hot at the moment, and we will be seeing a contender from the cryptocurrency sector throw its hat into the ring very soon. Coinbase announced on Thursday that it submitted a confidential filing with the SEC as it prepares to go public. Coinbase was founded in 2012 as a simple way to buy BTC, but it has since expanded to a massive startup that’s active in practically all aspects of the cryptocurrency and blockchain industry.
In this article, you’re going to discover 8 smart ways on how to analyze crypto token before investing so you can make a sound decision.
More than 10 years have passed since the launch of the first cryptocurrency. But for the world of digital assets, this period of time is nothing: there are already more than 7 thousand tokens on the market, and their number is constantly growing. Many of them quickly lose their chances of success, while others make a real breakthrough in the crypto industry. Today we’ll talk about one of those which set the bar high and continues to fulfil its potential – IQN token, meant to solve the problem of the megabuck gaming industry.
BTC/USD opened the trading session of 17th December at 21,376. Having breached the historical resistance at around 19,800, the pair could rise higher freely, without being restrained by any price barriers whatsoever. Therefore, right from the day’s start the pair began trending up, going in a steadily rising pattern.