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Tether Prints $300 Million, While XRP Reclaims Third Spot
30.7.2020
Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. Responding to a whale alert...
ADA Follows Market Down Despite Cardano ‘Reaches Orbit’
30.7.2020
Charles Hoskinson. Source: a video screenshot, Youtube, Real Vision Finance
Despite Cardano carrying out a hard fork last night that launched Shelley – the next version of the network – the successful upgrade failed to excite ADA traders, who are selling the news in the crypto market that is in...
Maturity of the Crypto Derivatives Market Attracting More Institutional Investors
29.7.2020
Bybit exchange’s CEO believes maturity of the crypto derivatives market plays an important role in attracting more institutional investors
Market Wrap: Bitcoin Sticks to $11,000; Derivatives, DeFi Keep Growing
29.7.2020
The cryptocurrency markets are finally heating up in July
Federal Reserve Keeps Rates Close to Zero, Continues Buying Treasuries
29.7.2020
The Federal Reserve said Wednesday that it would hold benchmark U.S. interest rates close to zero and continue buying Treasury bonds to support the coronavirus-devastated economy
Can XRP Price Follow Bitcoin and Hit $0.30? Watch These Key Levels
29.7.2020
XRP price may see a surge to $0.30 if these key resistance levels and Bitcoin price remains relatively stable in the near term
Aave Ascends Market Rankings as Flash Loans Explode
29.7.2020
Aave is climbing the DeFi and market cap rankings as its flash loans see daily volume exceeding $100 million
Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia
29.7.2020
During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....
Bulls Control Bitcoin Price Even as Funding Rates Reach Record Highs
29.7.2020
As Bitcoin rallied through $10K, derivatives markets started to show signs of excessive leverage but the market remains tilted toward bulls
Coinbase Sees More Institutional Investors Buying Bitcoin in H1
29.7.2020
Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange...
5 Years After Launch, Predictions Market Platform Augur Releases Version 2
29.7.2020
Augur v2 has all the bells and whistles: Interplanetary File System (IPFS), 0x Mesh, MakerDAO’s dai and Uniswap’s v2 oracle network
Market Wrap: Bitcoin’s Price and Ether’s Dominance Sit at 2020 Highs
28.7.2020
The two biggest cryptocurrencies are hitting 2020 highs, though for different reasons
Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria
28.7.2020
Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well...
Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach
28.7.2020
Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday. The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. This time around, the top crypto...
Bitcoin Price Rallies 13% to Break Through $11,000
28.7.2020
Bitcoin price rallied to $11,394 and surging volume suggests bulls have plans to press the price even higher
Market Wrap: Bitcoin Blasts Past $10,000; Ethereum Fees up 550% in 2020
27.7.2020
Bitcoin is experiencing high volumes, pushing the price close to $11,000. Meanwhile, Ethereum fees are up 550% this year
Bitcoin Price Finally Snaps Multi-Year Downtrend, but Is $20K Now Possible?
27.7.2020
Bitcoin price set a new 2020 high after the price surged through the multi-year resistance level at 10,500
Bitmain Spin-Off Launches Crypto Exchange to Go After Booming Options Market
27.7.2020
Matrixport has set up its own derivatives exchange and now wants to take on Deribit, the market leader for crypto options
Market Update: Cryptocurrency and Gold Markets Fueled by Failing Global Economy
27.7.2020
The cryptocurrency economy has spiked significantly on July 26 into the overnight trading sessions capturing over $300 billion in value. Bitcoin is trading above the $10,360 zone while ethereum is swapping for $321 per coin. Meanwhile, the precious metals gold and silver have seen incredible gains...
Crypto Market Sentiment is Back Up, Bitcoin & Ethereum In The Positive Zone
27.7.2020
Following a small drop seen last week, crypto market sentiment score (sentscore) is now right back where it was two weeks ago and not a step further, as per crypto market sentiment analysis site Omenics. The combined moving 7-day average sentscore for the top 10 coins is back to 5.77/10.
With...