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Market Wrap: Bitcoin Hangs Around $10K; Locked DeFi Value Drops
8.9.2020
Bitcoin price saw little action on Tuesday. Meanwhile, the value of crypto locked in DeFi has gone down for the first time
Siacoin (SC) Drops After Drawing a Higher High Pattern
8.9.2020
Amongst many open-source blockchain networks in the global crypto market, Siacoin is a minable Proof of Work-based platform that extends low-cost solutions for cloud storage, offering encryption and distribution of files to be stored by users across a decentralized network of peers. On the price...
Bitcoin Mining Difficulty Drops While BTC Slips Below USD 10K Again
7.9.2020
Source: Adobe/Татьяна Палладина
Following a month of rising Bitcoin (BTC) mining difficulty, the first adjustment in September saw the difficulty drop - though it still remains at the second-highest level in the network's history.
Bitcoin mining difficulty, or the measure of how hard it is...
NEXO Turns Bearish; Drops by 36% at the Onset of the Month
7.9.2020
Nexo, one of the volatile cryptos in itself, is ranked amongst the top 150 assets of the global market and is backed by underlying assets of Nexo’s loan portfolio. The price drops after a marking a YTD high at $0.246, while confirming a bearish crossover, NEXO/USD turns below $0.20 and even below...
Horizen (ZEN) Drops Below 50.0% Due to Lack of Traction
3.9.2020
Horizen is a fully distributed, secure, and privacy-preserving platform that is deployed with public and private blockchain systems. The platform has been renowned with novel features like scalability and flexibility, utmost decentralization, privacy & auditability, and easy deployment with...
Bitcoin drops to $11.1K as USD currency index frustrates BTC price
2.9.2020
An uptick in the USD currency index produces an instant plunge for BTC/USD, with the largest cryptocurrency sinking 5% on the day
Bitcoin Price Drops 4% After Latest Rejection at $12K Resistance
2.9.2020
Bitcoin fell by $400 Wednesday morning, having failed once more to move above a long-held resistance level
Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting
27.8.2020
Bitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected
Polkadot Drops 98% in a Week, but Stays Among Best Performers Today
27.8.2020
Polkadot (DOT), an independent blockchain network focused on “true [blockchain] interoperability” and one of the top 10 ICOs of 2017, is once again getting the attention of the cryptoverse today as it saw a nearly 100% weekly drop - while also being the second-best performer today. Meanwhile,...
Telegram drops lawsuit over ‘GRAM’ trademark, but must cover legal fees
26.8.2020
Telegram has dropped a two-year-old lawsuit over the ‘GRAM’ trademark but must now repay the defendant’s legal costs
DigiByte Drops Below $0.030 but Holds Complete Support
25.8.2020
DigiByte is one of the most shilled altcoins on social media after the Verge and Chainlink, considering the growth and the YTD high above $0.035 after testing supports as low as $0.00143. DGB, with all the suitable reasons, is one of the top 50 cryptos of the market and has gained enough networkers...
Crypto Market Sentiment Drops Out of Positive Zone; Litecoin Wins the Week
24.8.2020
Though its fall in the past seven days is relatively low, the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization dropped out of the positive zone, and is now sitting at its verge. Per crypto market sentiment analysis service...
72% of Investors Will Hold Bitcoin Even if Price Falls to $0
18.8.2020
A new poll finds that 72% of bitcoin investors are bullish about the cryptocurrency and will hold onto it even if the price somehow falls to zero. A total of 22,635 votes were gathered for this survey. Most Bitcoin Investors Would Hodl Regardless of the Price Twitter user Plan B, known for...
DeFi Extravaganza: DeFi Exceeds USD 6B, Curve Drops and YFI Rises
17.8.2020
Source: Adobe/Сергей Шиманович
After yet another eventful weekend in the fast-paced world of decentralized finance (DeFi), the surging popularity of DeFi protocol Curve, as well as a fast-growing “valueless” token, followed by a poll revealing that many crypto investors have no clue about DeFi,...
Bitcoin Drops Today While Market Optimistic About the ‘Main Bull Phase’
11.8.2020
The most popular cryptocurrency bitcoin (BTC) corrected lower today despite positive news and generally optimistic sentiment in the market.
At pixel time (17:25 UTC), BTC trades at USD 11,412, after reaching USD 11,930 earlier today. The price is down by 4% in a day, trimming its weekly gains...
Bitcoin Rally Stalls as Increasingly Correlated Gold Drops Below $2K
11.8.2020
Bitcoin is increasingly taking cues from gold, a tried-and-tested store of value asset
Bitcoin Price Suddenly Drops by $500 in Seconds to Fill Futures 'Gap'
10.8.2020
A bounce off $11,500 saves investors from serious pain but $12,000 remains a problematic level to flip to support
Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up
4.8.2020
Bitcoin investors are shrugging off the recent drop in value that saw a loss of over 10.9% on Sunday. A number of speculators believe the price is still very bullish but expect some more big dips along the way. Meanwhile, optimism has been cushioned as onchain statistics show that exchange...
Bitcoin Held by Exchanges Drops to 2019 Bull-Run Levels, Demand Rising
30.7.2020
Bitcoin balances on major exchanges drop to levels not seen since last summer’s bull run as demand and BTC price are on the rise
Bitcoin Mining Difficulty Drops, While Miners Slow Down BTC Sale
28.7.2020
Tonight (UTC time), Bitcoin (BTC) mining difficulty dropped for the first time in two months almost as estimated. Meanwhile, after selling more BTC than was generated in the past week, it seems that miners started to hoard more.
BTC mining difficulty, the measure of how hard it is to compete...