It is 2020, but for some reason, it feels like 2017 again. Why? It’s the YFI (no, not WiFi). Yearn Finance’s YFI token doesn’t seem to slow down. At all. The ‘absolutely no-value’ token has actually achieved a $4000 valuation and has become the second-highly priced crypto asset after Bitcoin. YFI Becomes the Second Highest...Read More
The Bitcoin market has finally broken out of its consolidation phase and surged past its important resistance at $10k. As the world’s largest crypto hovers just over $11k, it was also moving close to the precious monetary metal – gold. Gold’s qualities have often been compared to that of Bitcoin, and the digital asset has...Read More
The low volatility streak of cryptocurrencies has finally concluded and the bulls have rushed back into the market. Bitcoin, the largest crypto witnessed a surge in its price on 27 July, and the altcoins also felt its impact. The BTC price had witnessed a surge of 18% within a day, which pushed the digital asset’s...Read More
There has quite a lot of price movement in the altcoin market in the past week. While Bitcoin has managed to go past $11K in the past few days, the price action of altcoins such as Chainlink, Cosmos, and Zcash in the past week do not present a unified narrative. Chainlink [LINK] Source: LINK/USD, TradingView...Read More
Coinbase is an exciting and unique company and as we continue growing, it’s important that we create a strong culture. A few years ago, I wrote in the Coinbase culture doc: Hire buildersWe hire people who are passionate about creating new products with technology. We look for entrepreneurs who are comfortable with ambiguity. We prefer...Read More
Following a steady recovery from $216, Bitcoin Cash pushed above the crucial $280 level with 25% gains in 7 days. Against Bitcoin, the price continues to remain in a consolidation phase after three months decline. BCH/USD: BCH Waiting After A Slight Breakout Key Resistance Levels: $352, $409, $428 Key Support Levels: $280, $258, $245 BCH/USD....Read More
Be it in late 2017, mid-2019, or as recent as February 2020, with Ethereum, we have seen it time and time again – the largest altcoin would undergo a rapid rally and race right off the bat only to lose all its positive gains during its correction period. In comparison to Bitcoin which is currently...Read More
At Coinbase, we want to offer more ways for customers to earn rewards with their crypto. Last year, for example, we began offering stablecoin rewards to US customers for every USD Coin (USDC) held on Coinbase. We also launched Dai on Coinbase Earn, where customers can earn crypto by watching videos and taking quizzes about...Read More
During the past few days, the crypto market has seen strong bullish momentum. Bitcoin saw its price go past strong resistances and currently has a trading price of $11,064 and a 24-hour trading volume of $9 billion. Source: CoinStats For the market’s altcoins, the past 24-hours have been fairly bullish with coins like Litecoin surging...Read More
Yesterday, Coinbase announced that it was expanding its Learn platform with the addition of Kyber Network tokens. The incentive allows exchange customers to watch videos in exchange for a small handful of the KNC tokens worth a couple of dollars. Starting today, Coinbase customers can start earning Kyber (KNC) by watching lessons and completing quizzes...Read More
It has been a year of trends for Bitcoin and one of the most well-documented ones is the trend of more Bitcoin leaving exchanges than entering it. Since the start of the year, more specifically since March, over 92,000 BTC has moved out of exchanges. A recent report had suggested that some amount of Bitcoin...Read More
XRP saw a very strong 9.5% price hike today, and it reached $0.24. The coin has now created a fresh 3-month high not seen since late April 2020. Against Bitcoin, XRP continues to struggle as it fails to break 2200 SAT. XRP/USD: XRP Bulls Attempting To Break Above April Highs Key Support Levels: $0.234, $0.225,...Read More
Disclaimer: The following price prediction should materialize over the next couple of weeks. XRP proponents will be largely satisfied by the current performance in the digital asset industry. After breaching past an important resistance, XRP was trading above $0.222 for the first time since early March. The bullish rally also allowed the asset to reclaim...Read More
In this week Credits team launched two new products for iOS and Android at once. The company provides unique technology to all interested users, especially of the European market. Applications are designed to provide opportunities for the versatile use of cryptocurrency, including in-build CS coin and tokens issued on the Credits blockchain platform. The Credits...Read More
When it comes to emerging technology, blockchain is at the forefront of everyone’s mind. While this disruptive technology has been making headlines for years now, it has potential that far exceeds just extravagant returns for investors. Blockchain brings with it the promise of revolutionizing many industries that have been staggering in the post-internet world. Here...Read More
Bitcoin scams by impersonations are emerging globally, and the latest example coming from the Philippines has pushed the nation’s Finance Secretary to sought the help of the US Department of Justice (DOJ). He claimed his name was used to promote a series of ongoing cryptocurrency scams. The Philippines’ Finance Secretary Involved In a BTC Scam...Read More
The consolidating market finally ended on late 26 July, when Bitcoin prices started to rally. Due to strong correlations between Bitcoin and other major cryptos like Ethereum, the alts also marched along. Ethereum, the second-largest coin reported an 11% growth within a day, that pushed it to a 2020 price peak of $334. However, Ethereum’s...Read More
Messari crypto researcher, Ryan Watkins, has recently delved into the market values of the decentralized finance sector, comparing it to some of the other players in the crypto industry. He concluded that DeFi is still a minnow despite its massive growth in popularity this year. The entirety of what we call DeFi is worth less...Read More
For many of the market’s altcoins, a rally was in the works even before Bitcoin’s price hike that enabled it to go past $11k took place. However, in the past day’s time, strong bullish momentum in the altcoin market has seen a dip. For the second-largest altcoin Ethereum, the past 24-hours’ price action hasn’t been...Read More
Leading cryptocurrency hardware wallet provider, Ledger, announced Wednesday that it suffered a data breach, which affected the personal information of thousands of users in late June. According to a detailed report published by Ledger today, the breach occurred on June 25. The attacker accessed a part of the company’s e-commerce and marketing database, containing mostly...Read More
Yesterday, Goldman Sachs warned that the US Dollar stands a severe risk of losing its status as the world’s reserve currency. This comes amid rising concerns regarding inflation in the United States. Will this lead to Bitcoin price rallying further in the near future? The Demise of the Dollar’s Dominance is Near: Goldman Sachs As...Read More
Disclaimer: The following article attempts to analyze the evolving trends in the Bitcoin Cash market and its impact on the price. Bitcoin Cash’s spot market has been moving with great vigor as the asset tried to rise higher. Over the past few days, the consolidating price of Bitcoin Cash [BCH] began marching upwards, which resulted...Read More
After several days of gains, Bitcoin has stalled a bit around the $11,000 mark. Simultaneously, most large-cap altcoins have managed to increase their value against both the US dollar and BTC. Bitcoin At $11,000 The past several days were nothing short than impressive for the primary cryptocurrency. Its $2,000 price surge came somewhat surprisingly for...Read More
