Top Crypto Bitcoin, YFI, USDT, and Dash Headlines for 31/12/2020 are:
- Yearn. finance (YFI) Could be Coiling Up for a Rally; Analysts Eye $27,000
Yearn. finance’s YFI governance token’s price has been stagnant as of late, hovering within the lower-$20,000 region without being able to gain any serious momentum. From a fundamental standpoint, Yearn. finance’s ecosystem is stronger than ever, and the introduction of new products and new parts of the ecosystem are only making it stronger.
- Altcoin Drastically Pumps And Dumps Against Bitcoin
The Bitcoin bull market is here, the asset is trading at nearly $30,000, and an awful year just came to a close – investors are in their right to be celebrating and having a little bit of fun with their profits. But one altcoin that recently was sent skyrocketing immediately was swatted back down, nearly retracing the entire move. Speculation points to a pump and dump group behind the surprise move.
- Bitcoin hits all-time high against gold as battle rages
BTC has hit another milestone, this time against gold bullion, the world’s oldest reserve asset. Bitcoin price claimed another all-time high on Friday, this time against gold, offering further confirmation that demand for digital assets is on the rise.
- Tether’s Biggest Rival Now Has $4 Billion Market Cap
The total market capitalization of USD Coin (USDC) has surpassed $4 billion, according to a tweet posted by Circle CEO Jeremy Allaire. The dollar-pegged cryptocurrency witnessed 800 percent growth in 2020 alone, thriving because of the mushrooming demand for stable coins. It currently holds 11th place on CoinMarketCap.
- Dash announces a new update, social payment wallet enters test net
Dash Core Group has announced the release of new updates for the Dash platform as well as the DashPay smartphone wallet app. Dash has moved development work on the v0.17 update of its platform to the test net phase, according to an announcement released on Wednesday. As part of the announcement, Dash revealed that the test net environment is five times larger than Evonet, which is almost exclusively owned by the Dash Core Group.