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Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin
20.8.2020
Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI. It’s very rare...
Bitcoin and Altcoins Consolidate Losses Above Key Supports
20.8.2020
Bitcoin price started a corrective decrease below the USD 12,200 and USD 12,000 support levels. The price is currently (08:30 UTC) consolidating above the USD 11,550 support. To start a fresh increase, the price must surpass the USD 11,850 and USD 12,000 resistance levels.
Similarly, most major...
Crypto Traders Discuss Whether Bitcoin Price Can Dip Below $10K Again
19.8.2020
The price of Bitcoin may be entering an uncertain phase, as on-chain data says BTC traders have established $10,000 as a strong support level
Analyst: Chainlink Is Another Altcoin Bubble as Price Crashes 20% in 48 Hours
19.8.2020
Chainlink is a bubble that is waiting to burst, and the token will eventually lose 99% of its value, according to crypto investor and analyst ‘Cryptowhale’. The warning comes as the price of Link tumbled 23% to $15.41 in 48 hours. Cryptowhale this week told his 28,000 Twitter followers...
Bitcoin and Altcoins Trim Gains As Market Takes Much Needed Break
19.8.2020
Bitcoin price failed to extend gains above USD 12,500 and started a corrective decrease. BTC declined below the USD 12,200 and USD 12,000 support levels. The price is currently (08:30 UTC) trading below USD 12,000 and it might continue lower towards the USD 11,550 support zone.
Similarly, most...
Bitcoin and Altcoins Start Fresh Surge As Bulls Take Driver’s Seat
18.8.2020
Bitcoin price started a fresh increase after it broke the key USD 12,000 resistance. It opened the doors for more gains and the price traded close to the USD 12,500 level. It is currently (08:30 UTC) correcting gains, but there are several supports on the downside such as USD 12,200 and...
Dave Portnoy Has Taken a 180 On Crypto & Begun Shilling Altcoins
17.8.2020
Have the Winklevoss twins created a monster?
Grayscale Brings Altcoins to Over-the-Counter Trading
17.8.2020
The company also happened to clear a Nasdaq and NYSE listing requirement in the process
Bitcoin and Altcoins Hesitate, But Further Gains Seem Likely
17.8.2020
In the past few sessions, bitcoin price mostly traded in a range above the USD 11,650 support. Currently (08:30 UTC), BTC seems to be facing a strong resistance near the USD 12,000 level. A successful close above USD 12,000 may perhaps start a steady rise towards USD 12,400 or even...
Andreas Antonopoulos: Hex Team Offered Me 10 BTC to Speak Well of Their Token
15.8.2020
Andreas Antonopoulos says he was offered 10 BTC for an interview with the objective to show that Hex is not a scam. The alleged offer comes as Hex proponents battle persistent Ponzi allegations. Antonopolous, an influential cryptocurrency advocate, also reveals the offer was on condition he does...
Bitcoin and Altcoins Target Fresh Monthly Highs, Ethereum Rallies
14.8.2020
Bitcoin price managed to recover above the USD 11,500 resistance level. BTC followed a bullish path and climbed above USD 11,800. It is currently (08:30 UTC) consolidating gains and it seems like the bulls are aiming a strong upward move above the USD 12,000 resistance in the coming sessions.
On...
Bitcoin and Altcoins Start Corrective Decrease
12.8.2020
As discussed yesterday, bitcoin price started a downside correction below the USD 11,800 level. BTC even broke the key USD 11,500 support level. It is currently (08:30 UTC) down over 2% and it seems like there are chances of more losses towards the USD 11,200 and USD 11,000 levels.
Also, many major...
Bitcoin and Altcoins Showing Signs of Downside Correction
11.8.2020
Bitcoin Breaks USD 12,000, Altcoins Could Start a Fresh Surge
10.8.2020
In the past few sessions, bitcoin mostly traded in a range above the USD 11,500 support. Finally, BTC gained bullish momentum above the USD 11,650 and USD 11,800 resistance levels. More importantly, it broke the USD 12,000 barrier and it is currently (08:30 UTC) consolidating gains.
Conversely...
Chainlink Price Jumped More Than 45% in 48 Hours and 440% in Twelve Months
10.8.2020
Chainlink’s token surged more than 45% from $9.53 to $14.09 between Friday and Sunday data shows. The surge saw chainlink’s (LINK) market capitalization shooting to $5.12 billion which makes it the sixth most capitalized token, just ahead of cardano (ADA). At the time of writing...
Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North America
8.8.2020
On August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions worldwide. According to the statistics, North America purchases and holds more bitcoin than any other region. Bitcoin also accounts for the largest share of U.S....
North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash
7.8.2020
North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash
Bitcoin Cash Outperforms Bitcoin, Ethereum; Altcoins Move Higher
7.8.2020
On a day with mostly green numbers in the crypto market, bitcoin cash (BCH) surged strongly, far outperforming both bitcoin (BTC) and ethereum (ETH) over the past 24 hours. Meanwhile, smaller altcoins DASH and LEND also stood out with strong performance overnight.
Total market...
Altcoins Account for One Third of Total Crypto Mining Power Usage
7.8.2020
An analysis of the 20 largest crypto assets by market cap determined that Bitcoin mining accounted for only 66% of total power consumption
Bitcoin Breaks Higher, Outperforms Major Altcoins
6.8.2020
Bitcoin (BTC) is leading the rally higher today on what has been a strong day for the broader crypto market so far, with the uptrend for ethereum (ETH) also holding up despite a mixed picture among other altcoins.
As noted in yesterday’s market watch, a daily close above the USD 11,500 level...