Bitcoin’s 3.5% increase led to its highest price level in about 12 days, while also increasing its dominance over the market. The top 10 coins by market cap see more rotations, as some alts have followed BTC’s move upwards. Bitcoin Tops At $10,840 As reported yesterday, the primary cryptocurrency had issues with the resistance at...Read More
In yet another jolt to the decentralized finance (DeFi) community, margin, and leverage-based lending and trading platform, bZx became the target of another hack. In the hack, which was much bigger than the previous attacks, hackers made away with $8 million worth of cryptocurrencies. bZx Hackers Deal 8 Times More Damage To The DeFi Protocol...Read More
After the gains registered during the weekend, most cryptocurrencies are retracing today. Bitcoin declined from its weekly top of $10,560 to $10,350, while Ethereum lost 4.5% of its value to $370. Bitcoin Rejected At $10,560 During the weekend, Bitcoin broke above the resistance at $10,500. BTC topped at $10,560 yesterday, but it couldn’t maintain its...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
Bitcoin continues to trade in the five-digit territory and even spiked towards $10,400. Binance Coin (BNB) is among the best performing tokens today, while most other larger-cap alts are marking minor gains. Bitcoin Struggles At $10,400 After the unsuccessful attempt to overcome $10,500, Bitcoin dived yesterday and bottomed at about $10,200. However, the bulls interfered...Read More
Bitcoin Bitcoin moved sideways this week as a consolidation pattern appeared in the form of a symmetrical triangle. This triangle is best seen on the hourly charts and is highlighted by the white boundaries. The cryptocurrency dropped by a steep 15% in September from $12,000 to the current $10,260 level. The $10,000 level provided strong...Read More
Most of the cryptocurrency market is retracing on a 24-hour scale despite increasing in value intraday. Bitcoin surged to nearly $10,500 but is back below $10,300, while Ethereum dips to $360. Bitcoin Stopped At $10,500 The positive news for the primary cryptocurrency is that its price remains in the five-digit territory. In fact, Bitcoin even...Read More
Binance is willing to go big in the world of DeFi and is investing heavily in promoting its own ecosystem in a clear attempt to take some of the spotlights off Ethereum. During an online panel at The World of DeFi summit, Changpeng Zhao (CZ), the CEO of the world’s largest crypto exchange by trading...Read More
Bitcoin has followed Wednesday’s increases on Wall Street and has risen to about $10,400. Most altcoins are also in green, as the total market cap sees a $22 billion addition over the past day. Ethereum, Polkadot, and Chainlink surge by approximately 10%, while DeFi tokens lead the way with the most gains, as YFI touches...Read More
Bitcoin slid once again beneath the $10,000 mark, but it stands above it now. Most of the altcoin market retrace today, especially DeFi representatives. BTC’s high correlation with the stock markets could suggest further declines, as Wall Street marked significant losses during yesterday’s trading session. Bitcoin Recovers From Another Sub-$10K Trip As reported yesterday, BTC...Read More
Bitcoin dived once more under the $10,000 mark, but it rapidly bounced off and sits above it now. The rest of the market resembled BTC’s movements with initial dumps and quick recovery. Given the high correlation, all eyes are now on Wall Street as the market will open today for the first time since Friday...Read More
Bitcoin has reduced its high volatility as of late and remains above $10,000. The rest of the market shows recovery signs, including Chainlink, which is back in the top 5, and SushiSwap’s triple-digit price surge has returned SUSHI in the top 100. Bitcoin Stays Above $10K After a few consecutive days of massive price fluctuations,...Read More
Bitcoin continues above $10,000, while Ethereum’s free fall has only intensified in the past 24 hours. The DeFi space is also facing major hurdles, but over the past few hours, a lot of DeFi coins have bounced following new developments with SUSHI. Bitcoin Fights To Stay Above $10K As CryptoPotato reported yesterday, Bitcoin bottomed at...Read More
After a few days of declines, Bitcoin has regained some value and is hovering around $10,500. Most altcoins are also recovering, with the total market gap increasing by $10 billion from yesterday’s bottom. Bitcoin Bounces Off $10K The bears dominated the cryptocurrency field in the past few days. Bitcoin dipped below $10,000 on two occasions...Read More
The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ,...Read More
The cryptocurrency market is not finished dumping in value as Bitcoin is fighting to stay above $10,000, while Ethereum is already well below $400. The rest of the alts are bleeding out as well, as the total market cap shed $60 billion in two days. Bitcoin Dipped Below $10,000 It was merely 48 hours ago...Read More
Chainlink suffered a steep 9% price drop over the past 24 hours, completing a 35% descent from its all-time high reached on August 16 at around $20. Against Bitcoin, LINK is also on the decline as the buyers attempt to defend the 0.00119 BTC support level today. LINK/USD – Bearish Momentum Starts To Increase Key...Read More
It appears that the cryptocurrency market hasn’t stopped plummeting in value. After losing over $20 billion worth of the total market cap in a day, the situation just worsened. Bitcoin further plunged to below $11,000, Ethereum dumped to $400, and the rest of the altcoins follow along. Bitcoin Plummets Below $11K It’s safe to say...Read More
Over $20 billion of total market cap have disappeared in the past 24 hours as most cryptocurrencies are retracing heavily. Bitcoin lost $700 following a rejection at $12,000, Ethereum drops by 8%, as of now, following a 15% daily plunge at the peak (as of writing these lines). Polkadot becomes the top 5 cryptocurrency, enjoying...Read More
Bitcoin continues to improve its position slowly and is currently hovering above $11,900. However, double- and even triple-digit price pumps from lower-cap alts continue to decrease BTC’s dominance to a yearly low of beneath 57%. 2-Year High For ETH, Sushi Enters Top 100 Ethereum doubles-down on its recent price pump with another 10% increase. ETH...Read More
IOV Labs has announced the integration of RIF Gateways & Chainlink’s decentralized blockchain oracles into its ecosystem, thus enabling developers to access critical price feeds and data resources generated outside the blockchain network. Decentralized Oracles on Top of Bitcoin’s Network The firm’s smart contract platform, the RSK Network, is designed to leverage Bitcoin’s hash power...Read More
Bitcoin seems stable after recovering from its drop to $11,100 and trades above $11,500. However, massive gains are evident among lower-cap alts and DeFi tokens, including YFI that doubled BTC’s all-time high. As such, Bitcoin’s dominance over the market has decreased by over 1%. YFI To $40k, Low-Caps Surging It’s no secret that the DeFi...Read More
Following a few days of adverse price movements, most of the cryptocurrency market is recovering and is in the green today. Bitcoin is up to $11,500, Ethereum is trading above $400 for the first time since Tuesday. Even more impressive gains are evident from the lower-cap alts. Bitcoin Back Above $11,500 The primary cryptocurrency saw...Read More
Bitcoin had a rather unproductive week of trading as it declined from about $17,750 to where it’s currently at $11,500, losing about 2% in the process. However, the last seven days were not without their highlights. Just yesterday, the US Federal Reserve’s Chairman, Jerome Powell, announced a historic shift in the institution’s approach towards inflation...Read More
Bitcoin Bitcoin saw a small 4% price drop this week as it headed into the $11,300 support (downside 1.272 Fib Extension). During the week, the coin broke beneath the August rising trend line. The bulls attempted to recover, but the previous support flipped into resistance and the buyers failed to overcome it. On Tuesday, Bitcoin...Read More
Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at. Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap. Bitcoin Spikes...Read More
The cryptocurrency market has lost $20 billion from its market capitalization, as the majority of cryptos in the red over the past 24 hours. Bitcoin’s current weekly low is at $11,100, while Ethereum reached the target of $370 as predicted by CryptoPotato. The giant blockchain, Polkadot, is trading around $5.40 after the DOT token was...Read More
After a relatively calm weekend without any major price developments and following a retest of the $11,400 support on Friday, Bitcoin slowly recovers. It is currently trading around $11,700. Large-cap altcoins follow Bitcoin as ETH getting closer to $400 once again. After Friday’s crush, this is the day of the low-caps altcoins. Contrasting Altcoin Moves...Read More
Bitcoin and most large-cap altcoins have recovered from yesterday’s price dives. However, most altcoins are still far from their last week’s all-time highs. Bitcoin Back To $11,600 The largest cryptocurrency by market cap dipped to the $11,400 support following another unsuccessful attempt to reclaim $12,000. The nosedive seemed somewhat steep, and speculations rose that BTC...Read More
Most of the cryptocurrency market is in red today. Bitcoin tanked to $11,400 briefly, but large-cap alts are losing more substantial chunks of value, thus helping BTC to reclaim some ground in terms of market domination. Bitcoin Drops Further BTC looked promising yesterday as the asset headed for another face-off with its well-known nemesis at...Read More
