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AVAX Up, SUSHI Down: This Week’s 5 Best and Worst Performers
27.8.2021
After another eventful week in the crypto markets, during which we've seen major rallies as well as major drops, it’s time for a summary of what went well, and what went less well in terms of price performance.
Rankings and prices are current as of press time (09:37 UTC) on Friday.
Best performers...
Bitcoin and Ethereum Turn Red, SOL Rallies
27.8.2021
Bitcoin price failed to stay above the USD 47,200 support zone, extended its decline, and tested the USD 46,500 zone. It is currently (04:00 UTC) trading in the red zone and it could continue to move downwards USD 46,000.
Similarly, most major altcoins are moving lower. ETH is trading well below...
Tether Frozen in Poly Hack Returned to Owners, Fuelling Centralization Debate
26.8.2021
The tether (USDT) that was frozen by its issuer Tether during the recent Poly Network hack have been returned to their rightful owners, Tether announced. However, this has raised concerns that this particular part of the cryptocurrency space is not as decentralized as it claims to be.
On Wednesday...
Avalanche Drops After Rally, Today’s Weakest Performer in Top 100
26.8.2021
The Avalanche network’s native token AVAX dropped sharply in a mostly red crypto market today, following a surge earlier this week fuelled by news that a liquidity mining incentive program has brought major integrations to the platform.
At 09:59 UTC, AVAX was down by 14.4% over the past 24 hours...
BNB Best Top 20 Performer Today, as UK Regulator Updates Binance Notice
26.8.2021
Source: a screenshot, Instagram/binance
Binance coin (BNB) stands among the best performers today. This follows the UK’s financial regulator update that crypto exchange Binance has complied with “all aspects of the requirements” put forward by the regulator, possibly paving the way for...
Bitcoin and Ethereum Attempt Recovery, BNB Nears USD 500
26.8.2021
Bitcoin price extended its decline below the USD 47,500 support zone. BTC tested USD 47,200 before it started a fresh upward move. It climbed above USD 48,500, but it is currently (04:00 UTC) struggling to continue higher.
Similarly, most major altcoins are attempting a fresh increase. ETH tested...
Monero Resists Selling Pressure Following Rally & Recent Atomic Swaps Launch
25.8.2021
The popular privacy-focused cryptocurrency monero (XMR) stood out as one of the better performers in what is a vastly red crypto market today, it itself turning red as well. This correction follows a rise of over 17% in the past week, and this strong price performance comes as the implementation...
S Korean Presidential Campaign Team Member Jailed for Shilling Scamcoin
25.8.2021
A former member of South Korean President Moon Jae-in’s 2017 electoral campaign team and a leading academic has been handed a two-year jail sentence for their part in a crypto scam that amassed over USD 18,200.
Per Yonhap and Fn News, the individual – undimmed by the courts and the media for legal...
Bitcoin and Ethereum Stuck Below Resistance, LUNA Extends Rally
24.8.2021
Bitcoin price started a downside correction from the USD 50,500 resistance. BTC declined below the USD 49,200 support level, but it remained well bid above USD 48,500. It is currently (11:45 UTC) consolidating above USD 49,000, with a major resistance near USD 50,000.
Similarly, most major altcoins...
Crypto Listing and Delisting Announcements: Week 34
24.8.2021
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Crypto Market Sentiment Finally Re-Enters the Positive Zone
23.8.2021
After weeks of inching towards it, crypto market sentiment has finally entered the positive zone once again. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins is now 6.08, up from 5.94 today where we saw it last week, according to the market sentiment analysis...
Avalanche Best Weekly Performer in Top 100 as Incentive Program Kicks In
23.8.2021
The smart contract platform Avalanche’s native AVAX token once again surged higher today, following massive price gains last week boosted by the news that it is integrating with the major decentralized finance (DeFi) protocols Aave and Curve Finance (CRV).
At press time on Monday (09:36 UTC)...
Chat App Giant Line to Hand out its Link Crypto to E-pay Customers
21.8.2021
The Japan-based chat app operator Line will offer customers handouts of its cryptoasset as a bonus when they make fiat payments using its e-pay platform.
The new promotional drive comes six months after a Line and Yahoo Japan merger under the Z Holdings umbrella. The Z Holdings merger, first mooted...
Bitcoin and Ethereum Hold Gains, ADA, XRP and DOT Surge
20.8.2021
Bitcoin price formed a base above USD 44,000 and started a fresh increase. BTC is back above USD 47,000 and it is currently (11:45 UTC) consolidating gains. To continue higher, the price must gain momentum above the USD 48,000 resistance.
Besides, most major altcoins are showing positive signs....
Solana Slows After Rally, Users Fear First ‘Rug Pull’
20.8.2021
The recently massive price rise of the Solana blockchain’s native token SOL took a breather on an otherwise green day for the crypto market, while news broke that a Solana-based decentralized finance (DeFi) protocol known as Luna Yield went offline.
At press time on Friday (08:39 UTC), SOL...
Solana Slows After Rally, Users Fear First Project ‘Rug Pull’
20.8.2021
The recently massive price rise of the Solana blockchain’s native token SOL took a breather on an otherwise green day for the crypto market, while news broke that a Solana-based decentralized finance (DeFi) protocol known as Luna Yield went offline.
At press time on Friday (08:39 UTC), SOL...
Bitcoin and Ethereum Recover Losses, Cardano Rallies 15%
20.8.2021
Bitcoin price extended its decline, but the bulls were active near the USD 44,000 level. As a result, BTC started a fresh increase above the USD 45,500 and USD 46,500 resistance levels. It is currently (04:00 UTC) trading above USD 47,000 and it could even test USD 48,000.
Similarly, most major...
Bitcoin and Ethereum Consolidate, AVAX and LUNA Shine
19.8.2021
Bitcoin price settled below the USD 45,000 support zone. BTC traded below USD 44,500 and it even spiked below USD 44,000. It is currently (11:45 UTC) consolidating losses and is facing resistance near USD 45,500.
Similarly, most major altcoins are trading in a range. ETH traded below the USD 3,000...
Cardano Fuelled Again by Stablecoin and Smart Contract Progress
19.8.2021
Cardano’s native token ADA today resumed its price rally as work continues on the smart contract-enabling “Alonzo” upgrade, and a new paper is published that details the technical underpinnings of a Cardano-powered stablecoin.
As of press time on Thursday (09:09 UTC), ADA was up by 5.1% over...
Bitcoin and Ethereum Struggle While Cardano Rallies Above USD 2
19.8.2021
Bitcoin price started a downside correction below the USD 45,500 support. BTC even broke the USD 45,000 level and extended its decline. It is currently (04:00 UTC) trading well below USD 45,000, and it could extend losses below USD 44,000.
Similarly, most major altcoins are slowly moving lower....