Augur (REP) Soars To New High After Its Price Doubled
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Augur (REP) Soars To New High After Its Price Doubled




Augur’s price reached new all-time high recently following a rapid surge in the price of the cryptocurrency. The digital currency which also goes by the name REP has a prediction market that is based on Ethereum. The price of the cryptocurrency dipped slightly to $41.40 on December 18 before rallying and closing the day above $56.

The altcoin continued with the same momentum on Tuesday the next day hitting a new high at $106.23 before plummeting. However, it regained its strength and rallied again to a new all-time high of $108.47. It then went down the next day and was characterized by a lot of volatility. The price was at around $87.76 at the time this publication was compiled. The market cap was $965,387,500 and REP was at position 30 in the cryptocurrency ranking.

The factors that facilitated the recent surge in Augur’s price have not been disclosed. REP made its official debut in October 2016 and it plays the role of a financial incentive especially for users on the Augur prediction market.

This month has demonstrated significant gains for the cryptocurrency. It kicked off December with the price in the mid $20s and managed to rise to $30 on the third day of the month. Growth was relatively slow from there and the price managed to break above $40 on December 16 leading to the drastic rise in the price to reach the new all-time high.

The recent impressive performance of REP places it in the list of cryptocurrencies that have had the most gains this year considering that its price was as low as $2.83 in January this year. It is hard to predict the direction of REP’s price at the moment because of the volatility that it has demonstrated especially over the past 24 hours. There is no guarantee that the cryptocurrency will carry on with its recent momentum.

Some cryptocurrencies have surprised observers after rising and then tanking later buy huge margins have continued to soar and even break their previous highs. It is difficult to tell which side Augur belongs to.

2017 has arguably been the best year for the cryptocurrency market. Most of the cryptocurrencies have experienced significant gains especially over the past couple of weeks and there are still a few days left before winding up the month as well as the year. There is a lot of uncertainty about what 2018 will offer for the cryptocurrency market though there are positive expectations.

Some of the cryptocurrencies such as Bitcoin and Ethereum which got in the game long before cryptocurrency became a household name have gained a lot of value over the years. However, the market is now getting flooded with new cryptocurrencies. Some analysts believe that the presence of too many digital currencies in the market might lead to slowed growth.

We will be updating our subscribers as soon as we know more. For the latest on REP, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.


3 Reasons Why WISE Token Could Be a Massive Winner in 2021



WISE token

After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be…

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The Pros And Cons Of Cryptocurrency




Many facets of our lives are now digitized––money is no exception. 

Have you noticed that paper money is on its way to being obsolete because so many people receive direct deposit and love the simplicity of their debit card? 

Not to mention, cash carries germs, as we’ve heard lots about during the pandemic. Many businesses have turned to card only options in light of this. 

But what about cryptocurrency?

You probably heard everyone raving about it a few years ago, but the excitement’s calmed down quite a bit. That doesn’t mean that it’s not a viable option you should keep in mind. 

What’s Cryptocurrency? 

Let’s start with the basic definition of cryptocurrency so we’re all on the same page. Cryptocurrency utilizes cryptographic methods and complex coding systems to encrypt sensitive information during data transfers. This protects your funds and personal information on a whole different level. 

These transactions are virtually impenetrable due to the combination of mathematical and technological protocols created and put in place. This aspect of cryptocurrency is what makes it safer. Also, the details of transactions are kept private. No one can see who sent what, etc., because those rigorous mathematical and technological protocols protect it.

The Pros: 

Different From Traditional Banking Transactions

One thing people hate about traditional banks is the fact that they can…

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As Global Tensions Grow, Bitcoin Price May Go Higher



BTC Surged Again as A Safe Haven Asset During Global Tensions

  • India – China Border Conflict

After weeks of squabbling and brawling along their long-disputed border, hundreds of Indian and Chinese soldiers engaged in a deadly clash Monday in a river valley that’s part of the region of Ladakh last week. Troops had massed on both sides of the border in recent months in the northern India region of Ladakh and the southwestern Chinese region of Aksai Chin, causing global concerns of a potential escalation between the two.

  • North and South Korea Clash

Last Tuesday, North Korea destroyed the liaison office it jointly operates with South Korea in the city of Kaesong, just north of the demilitarized zone that separates the two countries. 

North Korea also said it would send troops to now-shuttered joint cooperation sites on its territory, reinstall guard posts and resume military drills at front-line areas in a violation of separate 2018 deals with South Korea. Jeong said South Korea will take “immediate, swift and corresponding” steps to any North Korean provocation.

The tensions grown in Asia and the potential “second wave” of coronavirus in the United States may add more difficulties to the global economic recovery. Thus, Bitcoin, as a safe haven asset, attracts more investors to buy and hold. 

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