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Major Swiss retailers set to debut Bitcoin gift cards

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

Switzerland’s crypto boom has entered another dimension with retailers rolling out Bitcoin (BTC) vouchers and gift cards. According to Swiss daily Tages-Anzeiger, Manor — the country’s largest department store chain — is already selling Bitcoin voucher cards in 59 of its branches. Meanwhile, the retail giant Valora will begin selling BTC gift cards in its kiosks across the country starting April 1. Dubbed “Cryptonow,” the Bitcoin vouchers are from the stables of Värdex Suisse, a cryptocurrency financial services firm. Värdex is also a subsidiary of major Swiss crypto exchange Bitcoin Suisse. According to Simon Grylka, head of operations at Värdex,

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Posted in bicoin-blog, Bitcoin Blog

Korean crypto exchange Bithumb toughens up its Anti-Money Laundering measures

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

South Korean cryptocurrency exchange Bithumb is toughening its approach to Anti-Money Laundering enforcement with a series of new measures that include trading restrictions, stronger Know Your Customer checks, and specialized blockchain intelligence solutions. The popular exchange, which has an estimated average of 1 million daily users and a daily transaction volume worth 5–7 billion ($4.4–6.2 million), had a troubled 2020 beset by police investigations over allegations of fraud.   After a series of reported negotiations with various firms for a potential acquisition, major gaming conglomerate Nexon denied it was planning to acquire Bithumb earlier this year. The Korean Herald today cites fresh rumors that

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Posted in bicoin-blog, Bitcoin Blog

Coinbase reportedly hits pre-IPO valuation of $100 billion in private auction

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

Prominent Bitcoin (BTC) and cryptocurrency exchange Coinbase could be headed for an IPO valuation of $100 billion, after shares reportedly sold for up to $375 each in a private auction. Shares in Coinbase Global Inc. reportedly traded for a price between $350 and $375 per unit on the Nasdaq private auction market last week, giving the company a pre-IPO valuation of between $90–$100 billion, according to a report by Bloomberg. Trading reportedly ended with the share price at $350. A Coinbase series E funding round in 2018 first saw the stock valued at a potential $8 billion. That valuation increased

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Posted in bicoin-blog, Bitcoin Blog

Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

Decentralized finance transaction combination tool Furucombo will compensate the victims of a recent “evil contract” exploit that cost the protocol $15 million in stolen funds. Following an internal call with affected users last week, Furucombo released a compensation plan Tuesday, announcing that they will issue 5 million iouCOMBO tokens to the victims of the breach. Issued in the form of ERC-20 tokens, iouCOMBO tokens will represent the rights to claim Furucombo’s COMBO tokens in the recovery pool. Out of a total of 100 million COMBO tokens, 5 million coins have been allocated to the recovery pool, and are subject to

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Posted in bicoin-blog, Bitcoin Blog

Bitcoin price cracks major resistance as analyst eyes $70K 'destiny'

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

Bitcoin (BTC) tackled pivotal $52,000 resistance overnight on March 9 to come within 6% of historical all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price hits 2-week highs Data from Cointelegraph Markets and Tradingview showed BTC/USD hitting local highs of $54,500 on Tuesday. The latest attempt to break out of its sideways trading corridor, the move was still consolidating at the time of writing. Amid heavy volatility, a retracement on the day targeted $53,500 — still above crucial resistance. As Cointelegraph reported, analysts were eyeing $52,000 as a line in the sand for securing the next stage of

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Posted in bicoin-blog, Bitcoin Blog

South African crypto firms warn opaque regulations are harming the industry

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

South African crypto firms are threatening to move abroad if local lawmakers are unable to provide regulatory clarity to its domestic digital asset industry. Speaking to Bloomberg, Sean Sanders, the CEO of local crypto investment platform Revix — who plan to relocate their head office to the United Kingdom, described the South African government as being “incredibly slow” in clarifying regulatory guidelines for the crypto industry. “That leads to businesses looking internationally. In an unregulated environment, a customer arrives at our platform with skepticism, and rightfully so,” he said, adding:  South Africa seems to go in the opposite direction

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Posted in bicoin-blog, Bitcoin Blog

NuCypher and Keep Network propose ‘world’s first decentralized protocol merger’

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

The communities of crypto projects Keep and NuCypher are proposing a “hard merge,” with onlookers describing the move as “the world’s first decentralized protocol merger.” Proposals were published to the respective forums of Keep and NuCypher’s DAO on March 8, revealing discussions have been underway between the two projects for several weeks. If passed, the merger is expected to see the two projects integrated into a new interoperable network dubbed “Keanu.” 1/ Recently, a couple @keep_project and @nucypher community members reached out to broker a call. Two whirlwind weeks later, and the teams are putting a joint proposal in

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Posted in bicoin-blog, Bitcoin Blog

Southeast Asia's first Bitcoin fund launches to meet local institutional demand

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

The Malaysia-based BCMG Genesis Bitcoin Fund-I, or BGBF-I, has officially launched, claiming to have become the first insured institutional crypto product available in the Southeast Asian region. An announcement states the fund launched in response to a growing demand for institutional crypto products in Southeast Asia. The fund leverages an Artificial Intelligence (AI) powered blockchain-based platform provided by Calfin Global Crypto Exchang, which purports to offer increased security for customer holdings. BGBF-I is regulated in Labuan, Malaysia, where IBH Investment Bank serves as the fund’s main advisor. Professional financial services provider, Hong Kong-based Alpha Calibration, will provide regulatory compliance services, and be

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Posted in bicoin-blog, Bitcoin Blog

Former DC comic book artist fetches $1.85M auctioning Wonder Woman NFTs

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

José Delbo, an artist who illustrated the comic book series Wonder Woman during the late 1970s, has made $1.85 million in an auction selling non-fungible tokens, or NFTs, depicting the popular heroine. The 87-year-old Argentian, who also worked on Batman, Transformers, and The Beatles’ Yellow Submarine comic book, collaborated with Milan-based crypto art duo Hackatao to produce the NFT drop, dubbed “Heroines.” In total, 914 individual NFTs were auctioned, with the tokens each featuring one of seven illustrations or animated gifs depicting Wonder Woman in scenes invoking themes relating to the empowerment of women. The tokens auctioned included two one-of-a-kind

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Posted in bicoin-blog, Bitcoin Blog

Glassnode: $47k showed strongest on-chain support since BTC broke $11k

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

On-chain crypto analytics firm Glassnode has reported significant on-chain support was found for BTC at the roughly $47,000 level, describing the event as the largest on-chain support identified since Bitcoin broke above $11,000 in late 2020. According to a March 8 report from Glassnode, approximately 1.2 million Bitcoin were moved on-chain as BTC’s price traded between $45,500 to $48,900 after bouncing off a local low near $45,000 last week. Glassnode CTO Rafael Schultze-Kraft noted that roughly 6.5% of Bitcoin’s circulating supply moved on-chain as support was established. This support is holding nicely.And it got stronger! We now have a

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Posted in bicoin-blog, Bitcoin Blog

Ripple and MoneyGram to 'wind down' partnership

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

Ripple CEO Brad Garlinghouse has issued a statement announcing the fintech firm and MoneyGram International have together decided to “wind down” their partnership. However, the March 8 statement noted that both companies are committed to revisiting some form of partnership together in the future. Garlinghouse noted that together, Ripple and MoneyGram International (MGI) processed billions of dollars through Ripple’s RippleNet and On-Demand Liquidity (ODL) services, stating: “While the lack of a crypto reg framework has needlessly muddied the waters for U.S. businesses & consumers, there’s no denying what Ripple and MGI have achieved together.” The Ripple CEO has

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Posted in bicoin-blog, Bitcoin Blog

NFT-related altcoins hit new highs after Bitcoin price rallies to $53K

Building Your Bitcoin Portfolio Posted on March 9, 2021 by adminMarch 9, 2021

The cryptocurrency market saw an influx of activity on March 8 that provided a lift to the vast majority of the top tokens as the world celebrates International Women’s Day.  Bitcoin’s (BTC) recovery back above $50,000 was followed by a new wave of bullish optimism and analysis from Bloomberg senior commodity strategist Mike McGlone suggested that Bitcoin is pushing gold aside as a store of value in investors’ portfolios. Data from Cointelegraph Markets and TradingView shows the price of BTC has increased 4.6% from a low of $49,272 during the early trading hours of March 8 to $53,300 at the

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Posted in bicoin-blog, Bitcoin Blog

Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Non-fungible tokens and decentralized finance are two of the hottest concepts in the crypto sector and each is altering the way projects and companies interact with the public on a wide scale.  One project that is looking to apply these concepts into a framework for sports fan engagement is Chiliz (CHZ), a blockchain platform created by the Socios fan engagement platform. The project is designed to allow fans to purchase branded Fan Tokens that let them influence their teams through the popular vote. According to the project website, all Fan Tokens are minted on the Chiliz blockchain with on-platform voting

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Posted in bicoin-blog, Bitcoin Blog

Decentralized esports tournament series looks to bring traditional gamers to crypto

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Non-fungible token-focused investment firm Polyient Games is launching a new online tournament to introduce mainstream gamers to the crypto space. In an announcement today, Polyient Games said it would be partnering with esports tournament platform Community Gaming for a $100,000 series featuring games using non-fungible tokens, or NFTs. The esports games will reportedly “function as a method of introducing mainstream gamers to the world of cryptocurrency and blockchain assets” by allowing players to acquire digital collectibles and use NFTs as in-game items. “The marriage between decentralized technology and gaming will be one of the most significant themes of the coming

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Posted in bicoin-blog, Bitcoin Blog

Pro traders avoid Bitcoin longs while cautiously watching DXY strengthen

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Bitcoin (BTC) price might have re-established $50,000 as a support, but the optimism of professional traders is nowhere near the levels seen before the 26% drop to $43,000 on Feb. 28.  The current scenario is far from bearish, but derivatives indicators do not reflect the substantial purchases from institutional clients, including Microstrategy, Meitu, and most recently, Aker ASA, a Norweigian oil conglomerate. Bitcoin price, USD. Source: TradingView The longer Bitcoin stays above a certain threshold, the more confident investors get. For example, the last daily close below $45,000 was 28 days ago. Therefore it might take a couple of weeks

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Posted in bicoin-blog, Bitcoin Blog

PayPal purchases crypto custody firm Curv

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Payments giant PayPal has acquired Israel-based crypto custody firm Curv for an undisclosed amount. According to PayPal, the firm purchased Curv as part of its initiative to support cryptocurrencies and digital assets. The platform said it plans to complete the acquisition before the third quarter of 2021, but did not disclose the purchase amount. Israel-based media outlet Calcalist said last week that Curv may have sold for between $200 million and $300 million, with CNBC reporting on Monday that “The deal is worth less than $200 million.” “The acquisition of Curv is part of our effort to invest in the

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Ethereum rolls out Berlin upgrade with 4 EIPs

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

After months of planning, the Ethereum community has laid out a timeline for its upcoming Berlin upgrade, marking an important milestone in its development roadmap.  Berlin is scheduled to go live on the Ethereum mainnet at block 12,244,000, or Apr. 14, Tim Beiko wrote on Monday. Ropsten, the first testnet to upgrade, is scheduled for Mar. 10. The Goerli and Rinkeby networks are expected to upgrade in one-week increments on Mar. 17 and Mar. 24, respectively. Ethereum node operators are being advised to upgrade to a Berlin-compatible version as soon as possible for the three testnets and before Apr. 7

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Posted in bicoin-blog, Bitcoin Blog

Price analysis 3/8: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LINK, LTC, BCH

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Data from Glassnode shows that Bitcoin (BTC) held on centralized exchanges has dropped by about 20% in the past 12 months. This suggests that investors are withdrawing their Bitcoin to the cold storage with a view of possibly holding them for the long term. This has reduced the available supply while the demand has continued to increase.  The arrival of exchange-traded funds could increase the supply crunch further. After the success of the TSX Purpose Bitcoin exchange-traded fund, Canada could launch the second Bitcoin ETF by Galaxy Digital Capital Management, a subsidiary of Galaxy Digital. The approval of Bitcoin ETFs

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Posted in bicoin-blog, Bitcoin Blog

Cointelegraph celebrates International Women’s Day with all-star roundtable of female crypto leads

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

According to the World Economic Forum, at the current rate of development, gender inequality in the world will “equalize” in 99.5 years. At the same time, the most hindering sectors for women’s participation are economic and political ones. Against this backdrop, International Women’s Day celebrates the social, economic and cultural achievements of women all over the world. To commemorate this important day, Cointelegraph has organized a roundtable event dedicated to hearing the unique perspectives of influential women in blockchain and cryptocurrency.  We’ve brought together some crypto’s leading women for this live stream. Our participants include: Anino Emuwa, founder and CEO

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Posted in bicoin-blog, Bitcoin Blog

Women, decentralization and the world’s economic drive: Experts answer

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

The economic recession of 2008 to 2009 resulted in the invention of Bitcoin (BTC), creating a brand new financial system that is now growing and developing rapidly. Back then, the Harvard Business Review published an article titled “The Female Economy” pointing out that about $20 trillion of the annual consumer spending in the world was controlled by women, and “That figure could climb as high as $28 trillion in the next five years.”  Also in 2009, Claire Shipman and Katty Kay published the book Womenomics: Write Your Own Rules for Success. Though the term “womenomics,” and the concept itself, was

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Posted in bicoin-blog, Bitcoin Blog

Deutsche Borse’s platform Xetra to list its first Ether ETPs

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Deutsche Borse’s electronic trading platform, Xetra, is preparing to launch its first Ether (ETH)-based exchange-traded products, or ETPs. According to data from Xetra, the platform is set to debut trading of two Ether ETPs — ETC Group’s Ether exchange-traded commodity, or ETC, product (ZETH) and 21Shares’ Ethereum ETP (AETH) — on Tuesday. A spokesperson for Deutsche Borse told Cointelegraph that the two products will be the first Ether ETPs to ever be listed on Xetra. Alongside AETH, Xetra will be also listing 21Shares’ Bitcoin Cash (BCH) ETP, the firm’s global head of ETP, Laurent Kssis, told Cointelegraph. “As of tomorrow

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Posted in bicoin-blog, Bitcoin Blog

Ultra (UOS) hits a new all-time high as blockchain gaming and NFTs boom

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Video games and online gaming have become some of the largest industries on the planet over the past thirty years as digital technology and the internet have interconnected people from around the world and transformed us into a global society.  Decentralization and blockchain technology are gathering steam as a transformative new way to operate and build an ecosystem, and Ultra (UOS) is one gaming-focused project that has been gaining momentum in recent months. Ultra, a blockchain-based PC game distribution platform, is created for gamers and game developers and it allows users to develop multiple revenue streams, including the ability to

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Posted in bicoin-blog, Bitcoin Blog

Elissa Shevinsky joins Cointelegraph as Chief Technology Officer

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Cointelegraph, the world’s foremost blockchain-focused media platform, is pleased to announce that tech veteran Elissa Beth Shevinsky has joined the company as Chief Technology Officer. Shevinsky began her Bitcoin journey in 2013, selling shirts for BTC as part of a fundraising campaign for her encrypted messaging startup, Glimpse, but her career in software began earlier — as employee #33 at Everyday Health, which went public in 2014. More recently, she served as Head of Product at Brave and CEO of Soho Token Labs, where she led a security audit of the 0X Project, a decentralized exchange, among other projects. “I’m

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Posted in bicoin-blog, Bitcoin Blog

Bitcoin ‘pushing aside’ gold as a store of value — Senior Bloomberg strategist

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

A number of indicators suggest that Bitcoin (BTC) is pushing aside gold as the premier safe-haven asset. This could set the stage for wider mainstream adoption of the digital currency, according to Mike McGlone, a senior commodity strategist at Bloomberg. McGlone tweeted Monday that the battle between the safe havens is beginning to favor Bitcoin, based on technical and fundamental indicators. He explained: “Gold will always have a place in jewelry and coin collections, but most indicators point to an accelerating pace of Bitcoin replacing the metal as a store of value in investor portfolios.” Digital #Gold

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Posted in bicoin-blog, Bitcoin Blog

We still have a lot of work to do on diversity, equity and inclusion

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

If we want to democratize finance, we need to start with practical initiatives. As women in the industry, what can we do to expand our reach to end-users or entrepreneurs who would be the last to embrace this technology? How can we improve our search for talent to cover universities and geographies that we wouldn’t normally look to?  Comparatively, there are relatively few women and people of color in the C-suite of blockchain companies or inside institutions leading their blockchain journey. According to a report by Deloitte, the global fintech founder community is still dominated by men, with women making

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Posted in bicoin-blog, Bitcoin Blog

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Recent Posts

  • Major Swiss retailers set to debut Bitcoin gift cards March 9, 2021
  • Crypto custodian Copper’s systems designed to minimize counterparty risk — gunnercooke March 9, 2021
  • Korean crypto exchange Bithumb toughens up its Anti-Money Laundering measures March 9, 2021
  • Seafood tracing app Tracey integrates DeFi with Binance Smart Chain and EasyFi March 9, 2021
  • Coinbase reportedly hits pre-IPO valuation of $100 billion in private auction March 9, 2021
  • Crypto hedge fund ARK36 to execute orders with crypto prime broker SheeldMarket March 9, 2021
  • Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit March 9, 2021
  • Bitcoin price cracks major resistance as analyst eyes $70K 'destiny' March 9, 2021
  • South African crypto firms warn opaque regulations are harming the industry March 9, 2021
  • NuCypher and Keep Network propose ‘world’s first decentralized protocol merger’ March 9, 2021
  • Southeast Asia's first Bitcoin fund launches to meet local institutional demand March 9, 2021
  • Former DC comic book artist fetches $1.85M auctioning Wonder Woman NFTs March 9, 2021
  • Glassnode: $47k showed strongest on-chain support since BTC broke $11k March 9, 2021
  • Ripple and MoneyGram to 'wind down' partnership March 9, 2021
  • NFT-related altcoins hit new highs after Bitcoin price rallies to $53K March 9, 2021
  • DeversiFi introduces fast withdrawals feature between L2 and L1 Ethereum March 8, 2021
  • Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand March 8, 2021
  • Alpha Sigma Capital, DigiFinex, BitMart, Emirex and Everest join EmiSwap’s DAO March 8, 2021
  • Akash Network’s MAINNET 2 decentralized open-source cloud now live March 8, 2021
  • Decentralized esports tournament series looks to bring traditional gamers to crypto March 8, 2021

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  • bitcoinBitcoin(BTC)$53,998.007.17%
    BITCOIN
    24H : 7.17%
    Volume : $59,051,763,320.00
    Marketcap : $1,007,001,589,550.00
  • ethereumEthereum(ETH)$1,819.845.96%
    ETHEREUM
    24H : 5.96%
    Volume : $34,575,364,184.00
    Marketcap : $210,091,982,916.00
  • binancecoinBinance Coin(BNB)$272.5516.47%
    BINANCE COIN
    24H : 16.47%
    Volume : $4,163,769,464.00
    Marketcap : $41,796,307,111.00
  • cardanoCardano(ADA)$1.173.86%
    CARDANO
    24H : 3.86%
    Volume : $4,084,909,192.00
    Marketcap : $37,208,996,931.00
  • tetherTether(USDT)$1.000-0.03%
    TETHER
    24H : -0.03%
    Volume : $100,195,251,197.00
    Marketcap : $36,821,657,239.00
  • polkadotPolkadot(DOT)$36.065.07%
    POLKADOT
    24H : 5.07%
    Volume : $1,541,705,781.00
    Marketcap : $35,264,357,460.00
  • rippleXRP(XRP)$0.4800.640%
    XRP
    24H : 0.640%
    Volume : $3,271,942,444.00
    Marketcap : $22,024,154,543.00
  • uniswapUniswap(UNI)$33.390.280%
    UNISWAP
    24H : 0.280%
    Volume : $1,380,693,066.00
    Marketcap : $17,463,036,719.00
  • litecoinLitecoin(LTC)$198.527.50%
    LITECOIN
    24H : 7.50%
    Volume : $6,361,410,887.00
    Marketcap : $13,227,067,996.00
  • chainlinkChainlink(LINK)$31.185.97%
    CHAINLINK
    24H : 5.97%
    Volume : $2,087,312,953.00
    Marketcap : $12,909,536,158.00
  • bitcoin-cashBitcoin Cash(BCH)$541.126.17%
    BITCOIN CASH
    24H : 6.17%
    Volume : $4,546,137,327.00
    Marketcap : $10,170,167,829.00
  • stellarStellar(XLM)$0.4253.25%
    STELLAR
    24H : 3.25%
    Volume : $862,408,698.00
    Marketcap : $9,638,048,007.00
  • usd-coinUSD Coin(USDC)$0.998-0.62%
    USD COIN
    24H : -0.62%
    Volume : $1,545,543,786.00
    Marketcap : $9,095,579,329.00
  • dogecoinDogecoin(DOGE)$0.0584.93%
    DOGECOIN
    24H : 4.93%
    Volume : $2,955,627,284.00
    Marketcap : $7,401,567,637.00
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$54,019.007.09%
    WRAPPED BITCOIN
    24H : 7.09%
    Volume : $405,320,900.00
    Marketcap : $7,030,469,761.00
  • nemNEM(XEM)$0.706-0.68%
    NEM
    24H : -0.68%
    Volume : $998,556,210.00
    Marketcap : $6,358,634,280.00
  • aaveAave(AAVE)$430.156.25%
    AAVE
    24H : 6.25%
    Volume : $962,888,134.00
    Marketcap : $5,388,218,162.00
  • theta-tokenTheta Network(THETA)$5.046.85%
    THETA NETWORK
    24H : 6.85%
    Volume : $401,766,305.00
    Marketcap : $5,066,274,543.00
  • cosmosCosmos(ATOM)$20.075.65%
    COSMOS
    24H : 5.65%
    Volume : $940,139,501.00
    Marketcap : $4,826,385,218.00
  • okbOKB(OKB)$17.445.10%
    OKB
    24H : 5.10%
    Volume : $253,087,263.00
    Marketcap : $4,717,948,773.00