Crypto.com has become a member of the International Digital Asset Exchange Association (IDAXA). The organization sets industry standards and plays a major role in advancing dialogue regarding proposed regulations. The admission of Crypto.com into IDAXA is indicative of how the cryptocurrency app and exchange platform is committed to this shared goal and mission.
Yield farming is something we can’t stop talking about right now. Its popularity won’t just let us stop talking about it. Yield farming on DeFi can be bountiful with users getting yield as high as 100% APR on trendy stablecoins.
We’re now well into Q4 2020, and Bitcoin is currently the star of the show in the cryptocurrency market. The world’s largest cryptocurrency has been on a tear recently, and sentiment is overwhelmingly bullish. Besides Bitcoin, we’re also featuring a popular privacy coin that’s about to have its first-ever halving, as well as an ambitious blockchain project focused on scalability and interoperability. Without further ado, here’s our top 3 coins to watch this week.
Arriving in 2014, Monero is one of the crypto marketplace’s most famous privacy coins. Designed to be untraceable, unlinkable, and analysis resistant, the coin brings unparalleled levels of security to users – confounding even the IRS in the process.
Bitcoin has been on an absolute rampage this month as the cryptocurrency managed to increase by a strong 42.6% to break $16,000. Although this is positive news for the industry, it is still yet to seep into altcoin. Over the past month, Ethereum has surged by 23.4% but XRP has barely moved as it climbed by a tiny 1.34% in comparison.
Binance is the world’s largest cryptocurrency exchange by trade volume. The platform earned its popularity by listing a wide variety of altcoins, and providing in-demand products such as Binance Coin, futures contracts and lending. According to Binance’s terms and conditions, users from the United States are not allowed to use the platform.
The price dynamics in BTC/USD continue to be largely bullish, letting Bitcoin try to capitalise above $16,000. As for the rest of the week of 9th November, with the $16,000 handle being tested, we are likely to see BTC capitalise above $16,000 by the end of this week.
Nouriel Roubini, a professor at New York University’s Stern Chool of Business, is one of the most prominent critics of Bitcoin. Roubini has been on a warpath against Bitcoin for years, and he believes BTC is related to internet frauds and criminal activities. He considers blockchain as a theoretical concept that is not practical.
As 1inch team aims to offer users more diverse options for crypto swapping and staking, also improving their experience, today 1inch announces an integration with MEW (MyEtherWallet), a well-known wallet and client interface for interaction with the Ethereum blockchain.