At the time of writing, Bitcoin was trading at $18,092, having recovered from a dip that took it below the crucial level. If BTC does close above $18,000, it will have done so for 2 days in a row, with it being 4 days since the price first crossed $18,000 since the heyday of the...Read More
Bitcoin was trading at $18,626 with a market capitalization of $345 billion, at the time of writing, with the world’s largest cryptocurrency on the precipice of finally overtaking its ATH on the price charts. It is in light of such developments and expectations that it is interesting to note that Bitcoin is still leaving exchanges....Read More
While Bitcoin Cash‘s contested fork last week depressed the price to $238, it has seen good recovery since. Interestingly, this was also aided by a strong surge across the altcoin market as Ethereum also visited its $550-resistance level. Subsequently, Bitcoin fell from $18,700 to near-$18,000 and many of the market’s alts also saw selling pressure...Read More
Ethereum’s Vitalik Buterin is in the news today after he called out Blockstream COO Samson Mow for his statements on how VCs and advisors need to legitimize “sh*tcoinery” so they can be intermediaries. Retweeting a comment made by Chris Burniske, Mow added, “If it’s as simple as buying BTC, which it is, intermediaries are obsolete.”...Read More
With Bitcoin and most of the market’s altcoins rallying in the backdrop, the Stablecoin Ratio seems to be highlighting the rise of sell-side pressure. At the time of writing, Bitcoin was trading at $18,649, with the asset successfully staying above $18,000 for over 24 hours now. In fact, the reserves on spot exchanges are dropping...Read More
The forthcoming Crypto.com Visa cards for Canadian citizens are reportedly coming early next year and are considered another step in the country’s recent turn towards cryptocurrency adoption. Visa Cards For Canadians As Early As January 2021 The digital assets exchange and app Crypto.com has officially announced that citizens of Canada are now able to apply for...Read More
Tron and Dogecoin seemed to be registering very similar price actions, at the time of writing. However, it remained to be seen if they would continue to make gains after a pullback. While Cosmos noted a bearish divergence on the charts, its price continued to rise even as buyer interest waned. This, eventually, contributed to...Read More
This is the second part of a three-part look at a monthly dollar-cost averaging strategy. In the first part, we discussed the idea and saw which three months gave the worst returns using this method. In this article, we’ll look at which months gave the kind of returns that would make one go ‘meh.’ Laying...Read More
The decentralized finance (DeFi) ecosystem has seen a parabolic explosion in usage since the start of 2020. Data indicates that the total value locked in DeFi applications has just reached a new all-time high of $14.39 billion. At the start of 2020, this metric was closer to $500 million. Dune Analytics also reports that the...Read More
It may be a tad too early, but ‘tis the season of fun, joy, and a Bitcoin price rally. With Bitcoin holding firm above the $18,000-mark, each passing hour is only going to clarify the difference between stacking sats and trading. In fact, institutions like Grayscale, with an AUM of over $10B, are still stacking...Read More
The cryptocurrency community has a lot of experience dealing with cyber-attacks within its ecosystem. In fact, it is also familiar with attacks that have, for often unwarranted reasons, brought it to the attention of the mainstream media. It would now seem that the crypto-industry will be in the news again after GoDaddy, the world’s largest...Read More
Many of the market’s altcoins have enjoyed significant gains over the past few days, with some coins even posting double-digit percentage gains over a 24-hour period. At the time of writing, however, many of these alts were noting a pullback. Bitcoin SV appeared to break out of the price range it had been trading within...Read More
The crypto-market’s total capitalization was recorded to be $528 billion, at the time of writing, with the larger market sentiment remaining strongly bullish after the previous day’s sizable gains. Further down the crypto-ladder, Chainlink touched $15 and it could see a minor pullback on the charts while the strong performance of Aave and Decred over...Read More
With the world’s largest digital asset registering YTD returns of over 145% at the time of writing, there is renewed cause for optimism in the market. In fact, many like Nic Carter have gone out of their way to stress that contrary to the bull run back in 2017, the present rally is much more...Read More
Bitcoin Dominance, at the time of writing, had dropped a little over the last 24 hours, with the same observed to be at 65.05%. As far as the market’s alts were concerned, while Monero exhibited a bearish divergence, NEM was trading under a strong level of resistance after recovering with strength over the past few...Read More
With the idea of crypto-assets gaining steam across the world, the question really is which country will be left behind. South Africa seems to be the latest country to make an effort to regulate cryptocurrencies after the FSCA, the country’s premier financial regulator, issued a declaration that stated that the country intends to treat cryptocurrencies...Read More
