Bitcoin and Ethereum have long been the two most-popular cryptocurrencies in the market. While Bitcoin has remained top of the charts, for most of the time, Ethereum has been the cryptocurrency following it. This, despite the fact that a number of altcoins have taken a jab at ETH’s position over the years. Spoiler – None...Read More
The Total Value Locked figures for DeFi have reached $9.76B. In fact, over the past 90 days, the space has unlocked 477.5% in growth, with the same showing no signs of stopping. While the SushiSwap incident did contribute to a dip in DeFi’s TVL, there was near-instant recovery, with the figures surging back to its...Read More
Chainlink slipped beneath yet another important level, with the crypto likely to post further losses over the next week or two. Further down the cryptocurrency charts, Polkadot and Decred‘s movements suggested that the bears were continuing to dominate the crypto-market. Chainlink [LINK] Source: LINK/USD on TradingView The Awesome Oscillator registered bearish momentum for LINK. Using...Read More
To the investment world, Bitcoin just doesn’t make sense. An asset with no financials, no quarterly earnings reports, no management to speak for it on investor calls, no valuations, no annual report, no head office, nothing. How does one value something like this in order to invest in it? There’s a simple answer – They...Read More
Have you heard about Yearn Finance’s YFI token? It acts as a governance token for its decentralized finance platform. It broke Bitcoin’s record of the all-time high in terms of USD prices. The YFI token attained highs of over $38,000 in August and even peaked above $43,000 in mid-September 2020. Do you know what’s the...Read More
XRP, at the time of writing, was showing no signs of price movement in either direction in the near-term. Similarly, Cosmos was likely to be neutral or bearish, until overall market conditions took a turn towards the bullish side. Dogecoin, the popular meme-coin, was also stagnant across its price charts. XRP Source: XRP/USD on TradingView...Read More
MicroStrategy made a huge splash when it chose Bitcoin as its Primary Treasury Reserve Asset, a move, the implications of which, are yet to sink in among many in the crypto-community. In fact, MicroStrategy Founder and CEO Michael Saylor invested a massive $500M off its balance sheet in Bitcoin. The fact that Michael got acquainted...Read More
While Bitcoin briefly spiked to climb to $11,179 on the charts, it had fallen to trade at $10,944, at press time. A rising Bitcoin, accompanied by rising Bitcoin dominance, showed that altcoins were overextended in the month of August and are now either retracing gains made or consolidating for a next move upwards. Litecoin was...Read More
As of 20 September, Bitcoin’s difficulty has been adjusted by ~11.35%, with the hash rate subsequently hitting a new ATH of 143m TH/s. This was the largest positive adjustment in the year 2020, and its implications might not be as bullish as one would expect. While an increase in hash rate leads to an increase...Read More
Popular TV host Max Keiser recently highlighted that Bitcoin’s continuously growing hash rate is significantly more important for humanity than its price. He believes that the expanding energy demand for sustaining the network would ultimately result in the demise of altcoins and fiat currencies. Rising Energy Consumption For BTC Is A Good Thing: Keiser Following...Read More
Disclaimer: The findings of the following article should not be taken as investment advice as it is the sole opinion of the writer Bitcoin’s rise from $10,000 to $11,000 was slow, but steady. However, of late, the market’s bulls seem to have run out of steam. The outlook for Bitcoin on the medium to long-term...Read More
Bitcoin Cash was trading with very low volatility as its traders appeared to be waiting on the sidelines for the market to make a move. Further down the cryptocurrency ladder, IOTA and DASH could be headed lower, with the cryptos lacking any momentum in the short-term. Bitcoin Cash [BCH] Source: BCH/USD on TradingView Bitcoin Cash...Read More
The decentralized crypto exchange protocol C.R.E.A.M. Finance announced its decision to conduct a significant token burn today, September 20th, after a strong internal discussion. The official account of the protocol explained that following consideration of several possible reductions in supply, the alternative of burning 67% of all the $CREAM tokens was chosen as the best....Read More
Binance Coin has registered an amazing rally over the last few months. However, by the looks of it, the aforementioned rally has reached its destination and the cryptocurrency’s price may be due for a drop soon. With 1 BNB trading at $26.95, at the time of writing, the chances of BNB heading down the charts...Read More
Bitcoin jumped to a fresh 2-week high above $11,150 but got rejected once again and is down below $11,000. Meanwhile, the value of the 400 UNI tokens airdropped to anyone who used Uniswap before September 1st reached almost $3,500. Bitcoin Paints A New 2-Week High As reported by CryptoPotato yesterday, Bitcoin displayed issues when trying...Read More
Tezos continued on its established path to the downside, with XTZ showing no signs of recovery, at the time of writing. Waves made strong gains in August, however, at press time, it showed a lack of momentum in the near-term, while generally trending south over the month. Zcash flashed a bullish signal, but the market...Read More
Even though the past week was positive for Bitcoin, the recent price action could raise some question marks for the Bulls. After starting the week below $10,500, Bitcoin was able to break above the old tough resistance and reach back to the $11,000 are. However, while Bitcoin gained 5% over the past week, most of...Read More
CoinEx, a global cryptocurrency exchange service provider, is the first to have listed OneSwap’s ONES token, while also launching the Initial Trade Offering (ITO) event. OneSwap is a fully decentralized exchange protocol on smart contracts. Lately, it has attracted a lot of attention in the DeFi world, because it combines the automated market makers (AMM)...Read More
