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Cryptocurrency Market News

  • The Need to Report Carbon Emissions Amid the Coronavirus Pandemic
    Cointelegraph.com News - 1 hour ago
    Climate change caused by carbon emissions might be one reason for such a terrible global COVID-19 pandemic scenario. JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to…
  • Bitfinex DeFi Offshoot Burns $20M Tokens in Bid to Drive DEX Adoption
    Cointelegraph.com News - 1 hour ago
    DeversiFi begins aggressive deflationary model by burning $20 million of its NEC token to drive decentralized exchange adoption following recent crypto sell-off. DeversiFi, the decentralized exchange (DEX) spin-off of former Bitfinex sister exchange Ethfinex, has burned $20 million worth of its governance and utility token, Nectar (NEC).According to a statement, March 30,…
  • Tron Launches Djed, a Platform That Looks Suspiciously Like MakerDAO
    Cointelegraph.com News - 1 hour ago
    Tron’s founder Justin Sun unveiled a new collateralized lending platform meant to bring DeFi to TRX, though it appears to be an exact clone of MakerDAO. On March 28, Tron (TRX) founder Justin Sun tweeted to announce the release of Djed, a system for collateralized loans he described as “something new.” The…
  • Bitcoin Price Pumps $600 to CME Gap, But $6.6K May Be End for Bulls
    Cointelegraph.com News - 1 hour ago
    The price of Bitcoin gained $600 on Monday to fill a futures gap but is this the end of the road for the bulls or is a V-shaped recovery still possible? The price of Bitcoin (BTC) retraced to $5,800 during the weekend, which left the markets with an open CME gap between…
  • Bitmain’s Antminer E3 to Continue Mining Ether With New Update
    Cointelegraph.com News - 2 hours ago
    Bitmain’s Antminer E3, an ASIC miner that should have allegedly become obsolete by April 2020, will continue mining Ether at least till October 2020. While some cryptocurrency miners are purportedly shutting down due to unprofitability, Chinese mining giant Bitmain continues to not only see its new products sold out but is also…

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