Since Bitcoin’s inception, the world’s largest cryptocurrency is up by 12 million percent. 12M percent, and no, that is not a t1ypo. The price of Bitcoin was up by 12,173,746%, as of writing, and this was not even Bitcoin’s ATH. However, while outsiders may be surprised by the scale of the growth, the point is...Read More
You can look at the Bitcoin market in two ways. “Oh no, Bitcoin just dropped to $10,000 and it’s been there for over a week now” could be one way. “Bitcoin has been trading over $10,000 for over seven weeks now” could be another. Which way you look at the market is just a matter...Read More
By Surojit Chatterjee, Chief Product Officer Some people say you should measure time in a startup in terms of dog years — every year is like seven normal years. By that measure, I’ve already spent in Coinbase almost as much time I spent at my last role at Google. And it has been a crazy...Read More
Ethereum’s price had sustained itself above the $320-level for a period of over 6 weeks. However, it dropped below $320 on 6 September, following which, a massive recovery effort saw ETH climb to $386 within a week. While a profit of 20.25% can be noted over the past week, ETH was still recording losses of...Read More
The past week saw Bitcoin’s dominance drop from 61.6% to 59.5%, while Bitcoin surged from $10,000 to $10,500 over the same period of time. Bitcoin Cash appeared to be consolidating as traders waited for the market to decide upon a direction. Monero rose past a level of resistance and seemed to have flipped its level...Read More
Bitcoiners in Hong-Kong have come up with a new way to spread awareness of Bitcoin on a large scale. Starting September 11, three double-decker trams decorated in Bitcoin messaging are running concurrently through the streets of Hong-Kong, bearing facts and slogans aimed at educating people about BTC. Earlier in August, the well-known digital currency hedge...Read More
Crypto-markets, including Cardano’s, have been in limbo for a long time over the direction they are supposed to go. However, since the price isn’t clearly following a trend, it might just be a good time to scalp trade. At the time of writing, ADA was trading below the $0.1-level and had a market cap of...Read More
As of writing these lines, Bitcoin’s price has fallen back down to the $10,300 level in the last few hours, after bears overpowered a second breakout attempt from the current range. Looking at the candles more closely over the 1-hour time frame, it seems like this latest move was orchestrated by whale traders to trick...Read More
Amidst all the DeFi and yield farming ruckus, Binance has recently come up with its new decentralized Binance Smart Chain [BSC]. This DeFi chain has access to its centralized exchange and Binance is putting up $100 million to support projects on the BSC. Riding on the news of this exciting foray, Binance’s exchange token –...Read More
Bitcoin surged past its resistance at $10,400 to trade at $10,547 at press time. In fact, Ethereum too noted an uptick, climbing from $366 to $386. However, while the weekend surge might continue into the weekdays, the sentiment in the Options space remains largely bearish. Further down the crypto-ladder, Chainlink was rising towards a level...Read More
$1000 invested in Bitcoin on 1 January would be worth $1439, as of today. In fact, at the time of writing, Bitcoin’s price was noting 43.9% in YTD returns. Ergo, it is no surprise that it is popular as an alternative investment in asset management circles. Despite the recent drop in Bitcoin’s price below $11,500,...Read More
Binance Coin surged by an impressive 55% this week to a fresh 14-month high, surpassing $32.50. Against Bitcoin, BNB also created a fresh 14-month high as it reached over the 0.003 BTC mark. The latest price increase allowed Binance Coin to escalate back into the top-7 cryptocurrencies by market cap. BNB/USD – Bulls Set Fresh...Read More
Last week, as Bitcoin, the world’s largest cryptocurrency, dropped down close to $10,000, the markets got tense. After nearly a month over $10,000, with the better part of it pushing and pulling against the $12,000 mark, a massive 13 percent drop over two days was a cause for concern. But now, one week on from...Read More
Bitcoin’s surges, over lower time frames, are really good for scalps with tight stop-losses. However, doing so can also be equally risky. At the time of writing, Bitcoin was hovering around $10,550, with the world’s largest cryptocurrency eyeing the $10,600-mark and the levels above it. Bitcoin short-term price chart Source: BTCUSD on TradingView Over a...Read More
At the time of writing, Tezos was approaching its resistance level, but it might be unable to breach it as it was showing a bearish pattern over a longer time frame. NEM looked likely to bounce off its support and might be able to scale new highs in the coming days or even weeks. VeChain...Read More
The majority of voters in a recent poll have indicated that they had entered the cryptocurrency space more than three years ago. In contrast, 9.4% said that they had come around in the past three months during the DeFi boom. 43% Crypto Veterans Although the cryptocurrency community emerged relatively recently with Bitcoin’s creation in 2009,...Read More
Bitcoin surged above its $10,400 resistance recently, in a move that could have a positive impact on the rest of the market. However, evidence of BTC being moved into exchanges might mean that there is another wave of selling pressure to be seen. Tron stagnated beneath a retracement level after a huge move upwards at...Read More
As the DeFi space continues to boom, developers have come up with yet another iteration of a Uniswap-like automated market maker. Zeroing down on the meme-based food token craze, the platform is called BurgerSwap. BUIDL it, and they come. I do not know who built this one, but it’s already live on #BSC. BurgerSwap https://t.co/hsFQCZ8bcq...Read More
Bitcoin has taken another swing at the previous 2020 high of $10,500 and currently trades above it. Ethereum nears $400, while the top 10 tokens see a few rotations, including Polkadot and Binance Coin. DeFi tokens are booming again with Yearn.Finance marking a new all-time high of about $44,000. Bitcoin Progresses Steadily The primary cryptocurrency...Read More
While Litecoin was expected to head south on the charts, the market seemed to have changed course, at press time. It showed signs of beginning an uptrend as it surged past its resistance to flip it to support. Further, IOTA appeared to be in a consolidation phase right above its support level, while Synthetix showed...Read More
