The second-largest cryptocurrency might reach even higher summits, according to strategists from Fundstrat Global Advisors. They envision a bright future for Ethereum by predicting a five-digit price tag. A Possible Price Surge Up To $10,500 For ETH? According to a recent Bloomberg report citing Fundstrat Global Advisors LLC, the largest altcoin could multiply its value seven...Read More
Ether finally broke an all-time high, surpassing $1,428 on 19 January and many traders expected the asset to continue reaching new ATHs. However, ETH has been down by about 11.9 % in the last 24 hours and was trading at $1,254.95 at press time. But this analyst at Fundstrat Global shared a bullish prediction about...Read More
Since the launch of Shelley in July 2020, implementing Goguen, the next era of the Cardano blockchain, has been the focus of the Cardano Foundation. However, the much-anticipated launch is still yet to be scheduled – something that may come down to the technical difficulties associated with executing it. The subject was touched upon by...Read More
After suffering its first weekly loss since September 2020, Bitcoin failed yet again to consolidate its position above the $36,500-mark. From a low of $33,833 on 17 January, Bitcoin rallied to breach the $36,300-$36,500 range on the charts. However, this was brief, and the crypto-asset soon re-traced back under its resistance level. Source: BTC/USD on...Read More
The world’s largest asset manager, BlackRock, may start trading cash-settled Bitcoin futures. This is according to new filings with the US Securities and Exchange Commission (SEC). BlackRock is the world’s largest asset manager, with almost $8 trillion worth of assets under management last year. To put it in perspective – that’s almost 8 times the...Read More
Bitcoin‘s price was trading at $35,500 after a correction of 7% in 24 hours, at press time. However, such a correction might just be the beginning of a much larger correction, one that might push BTC to $25,000. Although a lot of investors are in disbelief about the bull run and are expecting it to...Read More
Chainlink and Aave moved south after touching record levels as losses in the broader market had a negative effect on their prices. Further, Compound too flashed red, at press time, after a breakout was witnessed from its rising wedge pattern. Chainlink [LINK] Source: LINK/USD, TradingView After touching record levels, Chainlink’s price cooled down and fell...Read More
When it comes to investing in Bitcoin, investors are always trying to calculate a correct entry. Whether it is at the start of a bull run or at the start of a correction, the debate is always on. While the endgame remains to make a profit, the idea of stacking sats is also predominantly based...Read More
Community feedback is an essential part of any decentralized project. One of the main advantages of participating in blockchain initiatives is that they are closer to being community-owned than traditional technology startups. This is even more so for SpiderDAO, the first hardware-enabled Decentralized Autonomous Organization. The project is known for pioneering a user-focused and whale-resistant...Read More
Bitcoin Cash eyed a move towards the $469.4-support level as the price moved south from its 20-SMA and 50-SMA. SNX registered a correction after the price fell by over 9% following its all-time high. Finally, ONT moved south from an ascending parallel channel and targeted the $0.591-support level. Bitcoin Cash [BCH] Source: BCH/USD, TradingView Bitcoin...Read More
One of the main concerns for the recent flood of new users entering the digital asset space is the safety of their funds. Before they even deposit their money on popular fiat on-ramps and service aggregators, they have already heard all about Mt. Gox, the KuCoin heist, or any of the exploits in decentralized finance...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Unlike Bitcoin, Ethereum‘s price is having trouble staying close to its ATH on the charts. This can be evidenced by the fact that ETH’s price has dropped by over 10% since it closed in...Read More
The January 15th deadline passed, and, as somewhat expected, the parties in the NYAG v iFinex case are yet to conclude the production and submission of the requested documentation. As reported by CryptoPotato earlier, January 15th was a much-anticipated date regarding the case between the New York Attorney General’s office and iFinex – the parent company of...Read More
European Commission and European Central Bank (ECB) have come together to issue a joint statement about the possibility of issuing a digital euro. Both entities reiterated the fact that the digital currency, if and when launched, will complement cash and “payment solutions supplied by the private sector.” ECB and EC are both pursuing “their efforts”...Read More
When the third halving took place on 11 May 2020, Bitcoin and Gold were correlated. Today, on the 12th day since Bitcoin hit a new ATH on the price charts, Bitcoin and Gold are uncorrelated. The reversal in the said correlation is incredible, but there is a historical precedent here too. After all, this is...Read More
It’s been a good 12 months for the DeFi ecosystem. Not only did the sector’s TVL climb to exponential heights, but its total market cap ($16.5 billion) also overtook that of XRP’s ($10.66 billion) recently, according to data from Messari. In fact, the last few weeks also saw XRP, one of the old stalwarts of...Read More
A survey compiled by the multinational investment giant Deutsche Bank concluded that more than half of investors believe bitcoin and US tech stocks to be the biggest market bubbles. Consequently, the participants, most of whom are professional investors, predicted subsequent corrections. Bitcoin Is The Biggest Market Bubble? The primary cryptocurrency has been on a tear...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s price was trading above $35,000 at press time, with the cryptocurrency aiming to head higher as it bounces off a consolidation pattern on the charts. This pattern suggests that the consolidation might keep...Read More
2020 was an exceptional year for Bitcoin. After facing a tumultuous time during the end of the 1st quarter, the largest digital asset performed admirably to end its year on a new all-time high. The asset has continued its rapid growth into 2021 as well, currently valued at just under $38,000. With institutions becoming increasingly...Read More
[PRESS RELEASE – Please Read Disclaimer] There is a problem in crypto right now: around 1.5 billion dollars in stable coins locked into liquidity on Uniswap, earning minimal fees while being frozen. Fortunately, FreeLiquidity “frees” up this liquidity to be used elsewhere, while still retaining the passive income generated. Users will easily be able to...Read More
Opinions have varied ever since the United States’ SEC filed a lawsuit against Ripple a few weeks ago, a development that for a brief while left the cryptocurrency XRP tanking. However, while quite a few exchanges and trading platforms have already de-listed or suspended XRP trading in the aftermath of the same, a few others...Read More
The privacy coin Firo, which is formerly known as Zcoin, is currently going through a 51% attack. The team is yet to share further details, though they’ve clarified that they are working with exchanges and pools at the time of this writing. Privacy coin Firo is currently going through what is known as a “51%...Read More
After Bitcoin failed to hold on to the $36,000-level, the larger altcoin market registered negative gains on the charts. Alts such as Litecoin and Algorand flashed red at press time and traded close to their respective support levels. On the other hand, VeChain ignored broader market cues and surged to record levels. Litecoin [LTC] Source:...Read More
Janet Yellen is keeping true to form as a crypto critic and has linked cryptocurrencies to terrorist financing and money laundering. Meanwhile, another report has emerged showing that virtual currencies only account for an insignificant proportion of global financial crimes. Yellen Espouses Well-Worn Crypto FUD Speaking during her virtual confirmation hearing before the U.S. Senate,...Read More
Binance Futures is in the news today after it announced the launch of a DOTECO (Polkadot Ecosystem) Composite Index perpetual contract. The DOTECO Composite Index perpetual contract is a USDT-margined Futures contract that uses USDT as collateral. According to the said announcement by one of the market’s biggest crypto-exchanges, the DOTECO Composite Index is denominated...Read More
In its latest ‘State of the Network’ bulletin, industry data provider Coin Metrics has delved into altcoins and their impressive performance so far this year. It acknowledged that many of the hot altcoins that surged during the 2017 crypto boom are now ‘dead and gone’, and have been replaced by a new breed of DeFi...Read More
Despite being an underdeveloped region, Latin America sets an example for the whole world in terms of adoption, trading, and interest in cryptocurrencies. A recent survey revealed that more than 30% of Latinos are interested in investing in crypto, either to increase their wealth or at least to maintain its value in times of economic...Read More
