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Ether’s Rally to 25-Month High on DeFi Boom Drives Record Demand for Derivatives
15.8.2020
Record open interest in ether derivatives suggests the recent price rally has legs
Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States
14.8.2020
U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said. In a blog post on August 13, Coinbase unveiled its new crypto lending...
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 Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper
11.8.2020
The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as much as 547% in the month to August 6, rising from...
Ontology Breaches 5-Month Resistance & Retains Support
10.8.2020
Ontology, one of the best-decentralized platforms, has its benefits of curbing data abuse resulting in enhanced data privacy and reducing data fraud. Alongside, with the recent upgrade to ONT.IO, the ecosystem now supports seven languages to build an efficient and transparent global community....
Bitcoin Dominance Slides to 12-Month Low as Crypto Market Cap Tests Resistance
7.8.2020
Bitcoin’s dominance has fallen to a 12-month low despite its recent rally, signaling renewed strength in the altcoins markets
One Month On, Forsage Continues Despite SEC’s Ponzi Warnings
6.8.2020
Forsage members are courting a high risk with the Philippines' securities regulator
Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever
4.8.2020
A weak bitcoin market is not stopping Ethereum-powered DeFi growth
XRP Breaches 5-Month Resistance at the Onset of the Month
4.8.2020
XRP, the native currency of Ripple, has hit a 5-month high as we see the crypto market gearing up and BTC trading above $11k. Bitcoin has breached an approximate year-long resistance as it trades above $11k after a notable 30-day consolidation below $10k, and it was just within two days that...
First Mover: July Was a Runaway Month for Crypto Returns
3.8.2020
Crypto traders didn't have to be choosy to make money in July, when every digital asset in the CoinDesk 20 rose (except, of course, for the stablecoins)
Ether Rockets 50% in 5-Year Anniversary Month: What’s Behind the Rally?
31.7.2020
As Ethereum turns five years old, Ether is up 50% over the past month with two main catalysts driving the uptrend, namely DeFi and ETH 2.0
US Printed More Money in One Month Than in Two Centuries
31.7.2020
The Federal Reserve’s money printer has cranked up to ridiculous levels — but will it really lead to inflation?
Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism
30.7.2020
The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on global trading platforms worldwide. Data from a number of sources show that...
XRP Breaches 4-Month High and Trades Above $0.24
29.7.2020
XRP, after reclaiming 30-day high in the second week of the ongoing month, extended its winning streak until the end of the month, and with that, it is now hitting the 4-month high above $0.24. XRP has always been reaping slow yet steady profits and is majorly influenced by Bitcoin and its price...
Philippines Central Bank May Decide on CBDC Issuance by Next Month
29.7.2020
Another day, another central bank said it (conditionally) wants to issue a digital currency. This week it is the turn of the Philippines, whose central bank has created a committee that will examine the feasibility and policy implications of issuing a digital version of the fiat peso.
The committee...
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....
Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High
29.7.2020
Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest –...
Tether Exchange Inflow Reached 8-Month High as Bitcoin Rallied to $11K
28.7.2020
As Bitcoin price surged above $10K, USDT exchange inflows reached an 8-month high
Bitcoin Cash Breaches 3-Month Resistance and Retains Support
28.7.2020
Bitcoin Cash (BCH) moves in unison with Bitcoin SV along with Bitcoin and has been breaching 3-month resistance around $279.8. Alongside, BCH is facing a strict rejection above $279 and $280 but is holding strong support at $200 with moderate volatility. The coin held a soaring momentum and...
Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’
28.7.2020
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. Digital currency markets have been extremely bullish lately...