MakerDAO founder: Ethereum is a vacuum that will suck in almost “all value” in cryptoBTC $9205 (+1.4%) • ETH $208 (+4.3%) • XRP $0.20 (+3.4%)
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This week, millions of dollars worth of Wrapped Bitcoin — the leading representation of BTC on the Ethereum blockchain — were deposited into decentralized stablecoin protocol MakerDAO to generate $4 million worth of the DAI stablecoin. According to MakerDAO founder Rune Christensen, this sole transaction is extremely bullish for Ethereum’s long-term value proposition, not just the protocol he helped to create.
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After first launching Bitcoin futures products in late-2017, the CME has been garnering massive adoption amongst BTC traders and investors in recent times. Vitalik Buterin discusses how Google could use Ethereum for better “spreadsheets”
Naysayers of blockchain technology relegate to a singular narrative whenever given the chance — is blockchain or DLT any better than being a glorified database? When Vitalik Buterin, Ethereum’s co-founder, was asked the question, you’d bet his reply was nothing short of insightful. Bullish for Bitcoin: There’s been $20 trillion in global stimulus since COVID-19 started
The past few months have been the worst months for many economies around the world since the Great Depression. Binance Research to reinvent site, integrating new crypto data tools from IntoTheBlock
Binance Research – the analytics division of cryptocurrency exchange Binance – is moving to reinvent their website, partnering with the Miami-based data visualization platform IntoTheBlock (ITB) to offer the crypto market with deep insights into on-chain data. What else?🧭 IOHK launches new Cardano (ADA) blockchain explorer based on Byron reboot 🏊♂️ On-chain metrics spell trouble as Bitcoin dips below $9,000 🔪 Volatility and “Black Thursday,” hedge funds learn how brutal Bitcoin and crypto trading can be Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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