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Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x

  On Wednesday, November 18, 2020, the price of bitcoin has been coasting along at levels not seen since the decentralized currency’s all-time high three years ago in 2017. The cryptocurrency’s market capitalization is currently hovering at around $334 billion today. Likewise, the daily rate of bitcoin issuance during the last three years makes the overall market valuation higher than it was when bitcoin touched $19,600 per coin. Earlier this morning (EST), bitcoin (BTC) had surpassed the $18k per unit price zone, as the crypto asset has climbed a whopping 54% during the last 30 days. During the last 90 days against the U.S. dollar, BTC is up 53% and over the last 12 months against USD, the cryptocurrency is up a massive 123% to-date. Three years ago, bitcoin touched an all-time high of $19,600 on Bitstamp, but because of the three years of bitcoin issuance from miners, BTC ’s market cap is higher today than it was on December
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Poloniex Bitcoin Lists SENSO As Sensorium Galaxy’s Partnership Spree With World-Class Artists Accelerates

With COVID-19 cases on the rise and the world’s top economies re-considering strict lockdown measures, cryptocurrency exchange Poloniex has taken an interest in SENSO — a token focused on bringing high-quality entertainment into the rapidly expanding VR space. Poloniex Lists SENSO The exchange has added support for Ethereum-based SENSO tokens on November 17, 2020, giving traders access to two new trading pairs: SENSO/ BTC and SENSO/ USDT . SENSO is the in-platform currency of Sensorium Galaxy — a social VR platform designed to enhance digital communication through compelling virtual experiences like music concerts, dance performances, art exhibitions, and many others. Developed in collaboration with world-famous artists, producers, and media companies, Sensorium Galaxy has attracted huge interest from the investment community. The project launched in 2018 backed by Forbes-listed billionaire Mikhail Prokhorov. Since then, the company has raised over $100
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Bitcoin Touches $17K Price Zone, BTC Dominance Levels High, Altcoins Still Way Behind

  On November 17, the price of bitcoin touched another 2020 all-time high (ATH) when the crypto asset surpassed the $17k price zone on Tuesday. Bitcoin dominance has risen higher during the last few months and currently hovers at 65% this week. Despite the massive rise in bitcoin value during the last few months, altcoins are not performing as well as they did when bitcoin was at this price range three years ago. Back in 2017, bitcoin (BTC) touched an all-time high (ATH) on December 17, when it reached $19,600 per coin that year. Bitcoin’s dominance index was slightly different in 2017 than it is today, as numerous altcoins saw significant increases in value three years ago. Bitcoin dominance is essentially the recorded metric of BTC ’s market capitalization paired against the 7,000+ other altcoin market valuations in existence today. The altcoin value increases seen three years ago, continued into the next year and on January 1
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Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%

  The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of the project’s leaders say they are now working with exchanges in order to identify the attacker, as well as to freeze the tokens before they are liquidated. Funds Located The Origin Protocol attack follows a similar incident at Value Defi on November 14 where the criminals stole $6 million worth of tokens. Explaining the attack in a blog post, Origin Protocol Co-founder Matthew Liu insists the stolen funds have been traced to a wallet, which the team is monitoring. He also reveals that the attacker “used both Tornado Cash and Renbtc to wash and move funds.” According to Liu, there is “still 7,137 ETH and 2.249M DAI sitting in one of the attacker’s w
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Bitcoin Unlimited Hosts Week-Long Hackathon to Bolster the Future of Finance

  On December 2, 2020, the organization and full node project Bitcoin Unlimited is hosting a week-long hackathon that aims to build the future of finance by leveraging the decentralized crypto network Bitcoin Cash. The event dubbed “Coinparty 2020” aims to get the top crypto talent in the world to compete for $17k worth of bitcoin cash prizes. The cryptocurrency community has grown massively in 2020, and there’s been a number of new and exciting innovations this year. Bitcoin Unlimited (BU) wants to bring a number of useful innovations to the Bitcoin Cash ( BCH ) network and the organization is hosting a hackathon to bolster this goal. The event is called “ Coinparty 2020 ” and it’s not only supported by BU, but also the team of peer-to-peer electronic cash proponents Satoshi’s Angels and the firm General Protocols as well. “Join our hackathon to collaborate and compete with top crypto talent from around the world,” the event’s
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New Push for Second Stimulus Checks: Analysts Predict When Another Relief Package Will Pass

  Many Americans are in need of second stimulus checks and a new coronavirus relief package. As Congress resumes stimulus negotiations, President Trump has called for a “big and focused” stimulus bill now. Meanwhile, several analysts have predicted when lawmakers will pass the next stimulus package. Stimulus Package Status Stimulus negotiations have resumed after the presidential election but lawmakers still have not been able to come to an agreement. This has left Americans with little hope of receiving their second stimulus checks to help them cope with the coronavirus-led economic crisis. After the election, House Speaker Nancy Pelosi continued to push for her $2.2 trillion revised HEROES Act while the White House has reportedly stepped back from negotiations on a new stimulus package. Prior to the election, Treasury Secretary Steven Mnuchin discussed stimulus terms with Pelosi almost daily but the two could not come to an a
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