1. The Surprising Success of Dogecoin
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Coinbase finally gave it the OK
What you need to know
Once a joke, Dogecoin, a cryptocurrency invented by Jackson Palmer, is LOLling all the way to the bank. Its followers don't care about price appreciation and throw coins around for fun. And yet—because it's actually getting spent and used, it has become one of the most relevant cryptocurrencies out there.
Why it's important
Despite not having millions of dollars of funding to throw at exchange listings, exchanges have gone ahead and listed it anyway. In this case, to the surprise of Dogecoin developers. How far can it go? Will Binance list it next? And will Elon Musk accept DOGE for TESLA?
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2. eToro Analyst Challenges "Drop Gold, Buy Bitcoin" ad
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Is gold, old?
What you need to know
Grayscale Investments released a new campaign encouraging users to "Drop Gold, Buy Bitcoin," but it wasn't met with universal acclaim. Turns out, some aren't ready to drop one of the best performing assets of all time. Mati Greenspan, senior market analyst at eToro, tells Decrypt why.
Why it's important
In the age of jumping on the Bitcoin bandwagon, with "fiat-shaming" crypto influencers encouraging us to "short the bankers," it's tempting to ride the hype train. But the reaction to this ad shows we're not ready to ditch the past—especially when the price of Bitcoin can go down as easily as it can go up.
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From the interweb
Here are the biggest stories in the cryptoverse:
- Investment giant Fidelity is about to start trading cryptocurrencies.
- China's WeChat is banning cryptocurrency-related activities.
- Bitcoin heads up to $6,000, Ethereum rises above $170.
- A bug on Tron could have led to disastrous results.
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3. A Closer Look at Chainlink
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Complete list of partners
What you need to know
Chainlink has formed dozens of partnerships across the crypto ecosystem. We managed to round them all up and present them in a nice, clean format for your reading pleasure.
Why it's important
Decentralized applications need decentralized data. And that type of data, via myriad oracles that bring back information from the real world, is what Chainlink provides. Chainlink's growth is a good way to keep tabs on the growth of Web3 itself.
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The Ledger Nano S!
We review one of the most popular hardware wallets.
Decrypt is home to impartial reviews of all manner of crypto-related products. (Find more here). Today we take a look at one of the most well-known hardware wallets: The Ledger Nano S. Does it live up to its reputation? We present our take here.
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