apexcryptonews

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BTC, ETH, XMR, VET, AAVE

BTC, ETH, XMR, VET, AAVE Bitcoin’s (BTC) price has been hovering near the $19,000 level for the past few days. Whenever the price consolidates near the all-time high, it is an indication of strength. However, the question troubling investors is whether Bitcoin will source enough momentum to pull above $20,000 or will it witness a sharp correction in the short term. https://apexcryptonews.com/2020/12/07/btc-eth-xmr-vet-aave/

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A New DeFi Coin Skyrockets By 1350% in a Matter of Weeks

A New DeFi Coin Skyrockets By 1350% in a Matter of Weeks There really been a month during which any crypto-asset had surged to the level at which a newcomer Alpha has reached. Alpha finance lab, established only in the year we are living in, has hit on overwhelming heights, in a very short span of time. Alpha’s price on November 3rd was only $0.02 which shot to $0. https://apexcryptonews.com/2020/12/07/a-new-defi-coin-skyrockets-by-1350-in-a-matter-of-weeks/

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Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks

Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors to know how to invest,” therefore attracting more institutional investors. https://apexcryptonews.com/2020/12/07/top-us-banking-regulator-reveals-positive-cryptocurrency-regulation-coming-in-weeks/

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China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It

China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It Twenty million yuan ($3 million) in China’s central bank digital currency will be given away to 100,000 people in the country’s largest test of the digital yuan to date. The digital currency will be accepted at 100,000 stores, including JD.com, one of China’s largest online retailers. https://apexcryptonews.com/2020/12/07/china-airdrops-digital-yuan-worth-3-million-10000-stores-will-accept-it/

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Crypto players plead presidential pardon case for Ross Ulbricht

Crypto players plead presidential pardon case for Ross Ulbricht With just 44 days before Joe Biden’s inauguration as President of the United States, players in the crypto space are imploring Donald Trump to use his pardoning power for Silk Road founder Ross Ulbricht. In a recent tweet from Jason Williams, the Morgan Creek Digital Assets co-founder pleaded for Trump to “do the right thing” by pardoning Ulbricht as well as whistleblower Edward Snowden. https://apexcryptonews.com/2020/12/07/crypto-players-plead-presidential-pardon-case-for-ross-ulbricht/

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Binance US Announces Support For XRP Fork Flare

Binance US Announces Support For XRP Fork Flare The world’s largest cryptocurrency exchange in terms of trading volume Binance’s American arm Binance US has announced support for the Spark Token Airdrop of the smart contracts platform Flare Networks which is scheduled to occur this month. https://apexcryptonews.com/2020/12/07/binance-us-announces-support-for-xrp-fork-flare/

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New Stimulus Proposals Gain Support While Lawmakers Push for Second Stimulus Checks to Help Americans

New Stimulus Proposals Gain Support While Lawmakers Push for Second Stimulus Checks to Help Americans Two new stimulus packages have been proposed while lawmakers continue to push for second stimulus checks to help Americans cope with the coronavirus-led economic crisis. House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell want to add stimulus measures to the spending bill that must be passed before the Dec. 11 deadline. https://apexcryptonews.com/2020/12/07/new-stimulus-proposals-gain-support-while-lawmakers-push-for-second-stimulus-checks-to-help-americans/

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Shark Tank's Kevin O'Leary Ready to Put 5% of His Portfolio in SEC-Approved Bitcoin ETF

Shark Tank's Kevin O'Leary Ready to Put 5% of His Portfolio in SEC-Approved Bitcoin ETF Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, is ready to put 5% of his investment portfolio in a bitcoin exchange-traded fund (ETF) that is approved by the U.S. Securities and Exchange Commission (SEC). Long known as a bitcoin skeptic, O’Leary is worried about bitcoin’s volatility and wants regulators to be comfortable with it before he jumps in. https://apexcryptonews.com/2020/12/07/shark-tanks-kevin-oleary-ready-to-put-5-of-his-portfolio-in-sec-approved-bitcoin-etf/

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LayerX will develop blockchain-based voting system using digital ID verification in Japan

LayerX will develop blockchain-based voting system using digital ID verification in Japan Japanese firm Layer X will be partnering with a digital identity application called xID to build a blockchain-based voting system in the Japanese city of Kaga.In a Thursday announcement from LayerX, the Tokyo-based company said it will be developing the electronic voting project in an effort to promote safe and secure elections for the city of 68,000 inhabitants. https://apexcryptonews.com/2020/12/07/layerx-will-develop-blockchain-based-voting-system-using-digital-id-verification-in-japan/

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Decentralized Finance Lending Protocol AAVE Launches Version Two (V2)

Decentralized Finance Lending Protocol AAVE Launches Version Two (V2) The famous decentralized finance (DeFi) lending protocol AAVE has rolled out a massive upgrade as it has launched its version two (V2). The new upgrade comes with a lot of new changes to the protocol which will make the protocol much better as compared to the first version. https://apexcryptonews.com/2020/12/07/decentralized-finance-lending-protocol-aave-launches-version-two-v2/

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Introducing SINOVATE: The Future of Decentralized Cloud Storage

Introducing SINOVATE: The Future of Decentralized Cloud Storage PRESS RELEASE. Decentralized cloud data storage platform SINOVATE is developing its own in-house blockchain technology known as Deterministic Infinity Nodes (DIN). The potentially groundbreaking new tech works in unison with Incorruptible Data Storage (IDS) to create a new consensus system with security levels never seen before. https://apexcryptonews.com/2020/12/07/introducing-sinovate-the-future-of-decentralized-cloud-storage/

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Ron Paul Advises Bitcoin Proponents to 'Be Vigilant' of Government 'There’s Information Collected'

Ron Paul Advises Bitcoin Proponents to 'Be Vigilant' of Government 'There’s Information Collected' On December 5, the American author and retired politician, Ron Paul, joined the Stephan Livera Podcast episode 234 and discussed cryptocurrencies and bitcoin at great length. During the interview, the prominent libertarian said when bitcoin came out he was still in congress and he thought the most important thing to do at the time was make it legal. https://apexcryptonews.com/2020/12/07/ron-paul-advises-bitcoin-proponents-to-be-vigilant-of-government-theres-information-collected/

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How does DeFi reach mass adoption?

How does DeFi reach mass adoption? A report on Friday from Ethereum metrics website Dune Analytics showed that the decentralized finance (DeFi) ecosystem now counts over 1 million unique Ethereum addresses as participants — an over tenfold increase from the 91,000 addresses on Dec. 6, 2019. But while the growth has been undeniable, some experts caution not to interpret the milestone as a sign of widespread adoption. https://apexcryptonews.com/2020/12/07/how-does-defi-reach-mass-adoption/

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Number of Addresses Containing Over 1000 LINK Surges By 445 in One Month

Number of Addresses Containing Over 1000 LINK Surges By 445 in One Month Though, as far as price behavior is concerned, ChainLink is in a downtrend. After hitting a peak value of $16.43 on the 24th of November. At the present movement, as I am writing, it is trading at $13.18 following the drop to the price level of $12.50, late yesterday. In the meantime, the $12 price area is continuously providing a good level of support for ChainLink. https://apexcryptonews.com/2020/12/07/number-of-addresses-containing-over-1000-link-surges-by-445-in-one-month/

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Netherlands registers first consumer-facing crypto platform since AMLD5

Netherlands registers first consumer-facing crypto platform since AMLD5 Crypto exchange BLOX received the go-ahead to operate in the Netherlands, making it the first platform to do so since the country implemented the European Union's 5th Anti-Money Laundering Directive, or AMLD5."BLOX is the first consumer-focused cryptocurrency company that will be included in the registry of the Dutch Central Bank," the company said in a blog announcement today. https://apexcryptonews.com/2020/11/06/netherlands-registers-first-consumer-facing-crypto-platform-since-amld5/

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Bull flag breakout will decide whether Bitcoin price goes to $16K or $14K

Bull flag breakout will decide whether Bitcoin price goes to $16K or $14K Bitcoin price (BTC) appears to be taking a short breather after reaching a new 2020 high at $15,960 on Nov. 5. The 1-hour and 4-hour timeframe show the price compressing within a flag and throughout the majority of the trading day, the $15,500 level has held as support. $15,750 is the level Bitcoin needs to break in order to pursue another stab at $16,000. BTC/USDT 4-hr chart. https://apexcryptonews.com/2020/11/06/bull-flag-breakout-will-decide-whether-bitcoin-price-goes-to-16k-or-14k/

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Only 4% of Norway uses cash as country evaluates CBDC, Norges Bank exec says

Only 4% of Norway uses cash as country evaluates CBDC, Norges Bank exec says Speaking at an event on Thursday, Ida Wolden Bache, deputy governor at Norway's central bank, described a decline in cash payments while elaborating on Central Bank Digital Currencies, or CBDCs. "Only 4% of payments are now made using cash," Bache said in her speech during Finance Norway's Payments conference. https://apexcryptonews.com/2020/11/06/only-4-of-norway-uses-cash-as-country-evaluates-cbdc-norges-bank-exec-says/