DEX tokens soar as trust in centralized exchanges is erodingBTC $33,592 (+2%) • ETH $1327 (+1.3%) • XRP $0.39 (-15%)
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Author: Liam Frost While the past week has been somewhat tumultuous, to put it mildly, for both crypto and stock markets, it looks like digital tokens related to decentralized exchanges (DEXs) are actually having a great time. The sector is in the green across the board as most DEX tokens are up anywhere between 1.3% and 317% over the last seven days, according to CryptoSlate’s data. Ad 📈 Buy 80+ Different Coins at True Cost. No fees, No markups. 🔥 Trending Sectors
More news ⏬Ireland Central Bank governor says Bitcoin investors are going to lose ‘all their money’Gabriel Makhlouf said investors are likely to lose their entire investment as Bitcoin and other cryptocurrencies go to zero. A Bitcoin SV troll is allegedly sending death threats to one of Bitcoin’s earliest advocatesFollowers of the Bitcoin fork are alleging harassing some prominent Bitcoin industry proponents after a recent white paper controversy. Synthetix launches sXAG markets as internet traders begin pumping silverThe metal gained over 11% in the past day, setting an eight-year high price. Why the Bitcoin price dropped immediately after Musk’s positive commentsThe Bitcoin price pumped and fell immediately after Tesla CEO Elon Musk talked about BTC positively on Clubhouse. Dogecoin “supporters” turn on DOGE as Reddit-fueled craze ends with 50% correctionFor some reason, Dogecoin (DOGE) has been the talk of the town over the past 72 hours. What Elon Musk said about Bitcoin during today’s packed Clubhouse eventI don’t know about you but around two hours ago, I had my eyes and fingers glued to my iPhone trying to join the latest Clubhouse even with Elon Musk. Bitcoin could soon feature on VISA network, CEO Al Kelly saysThe payments giant might add cryptocurrencies to its expansive global network. XRP price spikes as Ripple pushes back against SEC’s $1.3 billion lawsuitThe price of now-embattled cryptocurrency XRP surged by up to 86%—just a day after Ripple Labs filed its response to the United States Securities and Exchange Commission’s (SEC) $1.3 billion lawsuit hanging over the company’s head. Analysts say Bitcoin could pop back up after accumulationThe price of Bitcoin fully retraced after surging to around $38,000 in the past 24 hours. Stably CEO Kory Hoang explains how first-timers should buy Bitcoin (and where stablecoins are headed)
2020 was the year of decentralized finance. It saw the rise of hundreds of DeFi apps, yield-farming tools, algorithmic stablecoins, and several other avenues revolving around one major theme: How to put one’s passive crypto holdings to generate even more crypto? Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🗞 Got a story tip? Email tips@cryptoslate.com 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 the content within this article.
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