Over the past three months NEXO token, the native asset of Nexo’s blockchain-based lending platform, has increased by more than 480%. Since Bitcoin (BTC) traded for $10,000, NEXO price has closely tracked BTC but the performance is somewhat lackluster when compared to the 1000% rallies seen from a handful of DeFi tokens. NEXO/USDT daily chart.…
Throughout 2020 a handful of new stablecoins launched and many analysts have suggested that stablecoin growth is the backbone of the crypto sector and partially responsible for the current Bitcoin rally. For many traders, stablecoins provide a safe place to shelter during volatile periods in Bitcoin and altcoins but there are other ways to interact…
Bitcoin Price cut through $24,000 Saturday afternoon, setting a new record high as the leading cryptocurrency’s ongoing rally continues through the weekend before Christmas. The price of the leading cryptocurrency continued its recent torrid run, setting a new all-time high of $24,122.67 before falling back to $23,978.86, up 5.49% on the day. The record price…
Financial crisis always exists, but when you have the right plans then you don’t have to worry about the whole global financial crisis as you always have security saving with you at times of trouble that is very unexpected like the Corona Pandemic outbreak. According to World Bank forecasts given on June 8, 2020, the…
Christopher Wood, the global head of equity strategy at Jefferies, has dumped five percent of their physical gold position in order to buy Bitcoin (BTC). This move shows that a growing number of institutional investors consider Bitcoin to be at par or a better store of value than gold. Wood also said that if Bitcoin…
Price Change Today: BTC is up 5.77% at $23,010 ETH is up 1.22% at $645 XRP is up 6% at $0.589 Top gainers in the last 24 hours: LTC is up 17% DOGE is up 10% NEM is up 6% Download App for Better Experience! Top Crypto Headlines 18/12/2020 Bitcoin Just “Won the Game” Against…
