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Daily Profitability for Ethereum Miners Hits Over 2-Year High

13.8.2020
The surge in profitability comes after rises in transaction fees and prices of the ether cryptocurrency

Ethereum Network Hashrate Hits 20-Month High as DeFi Tokens Rally

13.8.2020
Ethereum’s hashrate recently surged to a 20-month high but will ETH price follow?

Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials

12.8.2020
The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous peak of just under 60% was reached earlier on in the second quarter of 2020. Skew said the rising correlation supports the idea that bitcoin (BTC)...

Tezos XTZ Follows Chainlink to Hit New High — But Is $6 Now Realistic?

11.8.2020
The price of Tezos is breaking new highs as targets of $6 are beginning to appear on the XTZ charts

DigiByte Reclaims 2-Year High; Trades Above $0.030

11.8.2020
DigiByte (DGB), at the time of penning down this analysis, was trading around $0.032, wherein the coin is now breaching an approximate 2-month high. With this, DigiByte’s 1-week social volume has spurred by 16.6%, according to LunarCRUSH Social Listening. With this, social media posts hit a total...

Chainlink Competitor Band Token Grows 300% in 7 Days Setting New ATH

11.8.2020
BAND, the native token of the Band Protocol, has grown by more 300% in just seven days. At the at time of writing, the token traded at $14.50 against the August 3 trading price of $3.86. On August 10, the token also touched a new high of $17.78 while the 24 hours traded volumes were […] The...

Bitcoin Closes on Yearly High With Return to $12K

10.8.2020
Bitcoin is on the hunt for a new yearly high, having crossed above $12,000 early Monday

Bitcoin Rallies to New Yearly High, Outperforms Ethereum; Chainlink Flips Litecoin

10.8.2020
The most popular cryptocurrency, bitcoin (BTC), rallied to a new yearly high in early Monday hours (UTC time), outperforming all but one coin in the top 10. At pixel time (03:33 UTC), BTC trades at USD 12,037 and is up by 2.3% in a day and almost 8% in a week. Earlier today, it hit almost...

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...

Riot Blockchain Ends Week Up 29%, Hits 2020 High Ahead of Q2 Earnings Report

7.8.2020
The company has gained 70% so far in Q3

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...

BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily

7.8.2020
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market...

Ethereum Plummets Below $400 After Reclaiming 2-Year High

6.8.2020
Ethereum (ETH), at the time of penning down this analysis, was trading above $395, and a bullish intraday can lead to reclaim a trading position above $400. In the recent bullish crossover, at the onset of the month, ETH price crossed $400 and hit a 2-year high at $415. After having traded sideways...

Bitcoin Price En-route to New 2020 High Once Bulls Break $11.8K Resistance

6.8.2020
Bitcoin price is gearing up for a second attempt at $12,000 and altcoins continue to rally higher

Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High

6.8.2020
Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrencies with bitcoin (BTC) briefly trading above $12,000. As data from Usefultulips...

Inside the Flash Crash & DeFi’s Most Recent All-Time High

5.8.2020
Powered by Every week, IntoTheBlock brings you an on-chain analysis of top news stories in the crypto space. Leveraging blockchain’sContinue Reading The post Inside the Flash Crash & DeFi’s Most Recent All-Time High appeared first on CoinMarketCap Blog

Inside the Flash Crash & DeFi’s Most Recent All-Time High

Crypto Derivatives Set New Records, ETH Futures Set All-Time Highs, CME Open Interest Spikes

5.8.2020
Digital currency derivatives have been on fire during the last two weeks as ethereum futures volumes touched an all-time high on Sunday. The popular derivatives trading platform Deribit saw 1.9 million ETH contracts traded and CME Group is now the third-largest exchange in terms of bitcoin futures...

Chainlink Reaches New LINK Price All-Time High Eyeing $10 Next

4.8.2020
The price of Chainlink has climbed to new heights as LINK continues to be one of the strongest cryptocurrency market performers of 2020

Bitcoin Price Hits New All-Time High Against Turkish Lira

4.8.2020
As the Turkish lira hits record lows despite foreign reserve selling, Steve Hanke says that only a “gold-backed currency board” can save the economy