Bitcoin, Ether, and XRP Weekly Market Update December 7, 2020

The total crypto market cap added $22. 8 billion to its value for the last seven days and now stands at $573. 4 billion. The top 10 currencies are mostly flat for the same time period. By the time of writing bitcoin (BTC) is trading at $19,300, ether (ETH) moved up to $597.

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MakerDAO’s Dai Stablecoin Supply Hits $1 Billion for the First Time

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$1 billion worth of Ethereum is about to be released into the DeFi market

In a few days’ time, on November 17, Uniswap’s first yield farming opportunity will end. The post $1 billion worth of Ethereum is about to be released into the DeFi market appeared first on CryptoSlate.

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Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another Attempt

Digital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018.

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Bitcoin, Ether, and XRP Weekly Market Update November 9, 2020

The total crypto market cap added $40. 2 billion to its value for the last seven days and now stands at $443. 1 billion. The top 10 currencies were mostly in green for the same time period with ether (ETH)  and bitcoin (BTC) leading the pack with 14 and 12 percent increase respectively.

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Square Reports Over $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings

"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."

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$1 billion in Bitcoin (BTC) just left the Silk Road wallet

According to recent information, an unknown user recently moved $1 billion in Bitcoin from a crypto wallet address associated with the dark web market, Silk Road. The funds were locked away a long time ago, with zero activity between 2015 and now.

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About $1B of Bitcoin comes out of hibernation

An anonymous user has moved almost $1 billion of BTC for the first time...

The post About $1B of Bitcoin comes out of hibernation appeared first on Coin Journal.

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Bitcoin, Ether, and XRP Weekly Market Update November 2, 2020

The total crypto market cap added $5. 6 billion to its value for the last seven days and now stands at $402. 4 billion. The top 10 currencies were all in red for the same time period with the only exception being bitcoin (BTC) which increased by 5.

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Uniswap volumes bump to $2 billion after attack on DeFi project Harvest Finance

Harvest Finance, a decentralized finance (DeFi) project led by an anonymous team, was attacked using a flash loan exploit earlier today leading to millions of dollars worth of FARM tokens stolen by hackers and its prices falling over 60% at press time.

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PayPal Didn’t Shoot Bitcoin Above $13,000, Analyst Explains Why

On Wednesday, Bitcoin logged a supersonic bull run, hitting $13,000 for the first time in 15 months. The rally started after PayPal announced its foray into the cryptocurrency sector, leading analysts to believe that the $138 billion global payments firm drove the latest Bitcoin adoption.

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DeFi's $COVER: Another 'rug pull' and coin dump?

DeFi's total value locked [TVL] figures seem to be holding above $10 billion, however, scams are crawling out of the shadows, one project at a time. While 'scam' is a strong, blanket word, not all proThe post DeFi's $COVER: Another 'rug pull' and coin dump? appeared first on AMBCrypto.

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Why Bitcoin might beat Apple/Google this bull cycle

The market cap of Bitcoin was $210 billion, at the time of writing. Would it be a long shot to say that Bitcoin will overtake Google [$1 trillion] and perhaps, even Apple [$2 trillion], in terms of maThe post Why Bitcoin might beat Apple/Google this bull cycle appeared first on AMBCrypto.

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Your Fast Track Guide to Profiting with Cryptocurrencies

As you may have already heard, cryptocurrencies have a record of being one of the most profitable investment classes of all time. After all, the cryptocurrency market has exploded from $4 billion to over $350 billion in the last five years, while cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) have appreciated by well […]

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Maker Nears $2 Billion in Assets

Maker has regained its position as the top asset holding dapp with more than $1.9 billion of ethereum based assets now in DAI. That’s an all time high, with it...

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Cryptocurrency Community Makes a Shift; Betting Big on Non-Fungible Tokens (NFTs)

DeFi continues to rage, approaching a $10 billion peak. But the latest talk of the town is NFT. In 2017, it was CryptoKitties; this time, it is digital art. Non-fungible tokens are a special type of token on the Ethereum network that are using ERC-71 and ERC-155 standards to create verifiable digital scarcity.

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Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B

,The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down to $6. 8 billion from the $9.

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Sprawling DeFi Sector Pushes Tether (USDT) to $15 Billion

The total market cap of Tether (USDT) has crossed $15 billion for the first time. The expanding DeFi sector appears to be driving usage of the controversial stablecoin. The USDT market has increased by around $3 billion in the last month alone.

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Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year

The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50% during the time period.

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XRP, ADA, BCH and Others Have No Future Despite The Sky-High Valuations: Google Payments Engineer Tyler Reynolds

DeFi has been on a roll this year as the total value locked in surged from just under $1 billion to circa $7. 82 billion at press time. So far this year, this figure has grown by over 1200% and the DeFi frenzy seems to only be getting started.

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XRP, Dogecoin, Chainlink Price Analysis: 6 September

The cryptocurrency marketcap slid by nearly $50 billion in the past few days to stand at $325 billion at the time of writing. XRP showed it might be able to hold on to the support level. Chainlink hadThe post XRP, Dogecoin, Chainlink Price Analysis: 6 September appeared first on AMBCrypto.

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Uniswap Copycat Locks in Over a Billion Dollars, SUSHI Gets Listed on FTX, Binance, & Huobi

As we reported last week, the latest hot DeFi project in the market is Sushi, a clone of the most popular DEX Uniswap — it accounts for more than 60% of all DEX volume. After YFI, YAM, Spaghetti, and Based, now it’s time for Sushi.

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Popular DEX Uniswap Beats Coinbase for the Second Time in a Row, Overthrows Other Top CEXs

The popular DeFi protocol Uniswap is reaching towards becoming the fourth largest DeFi project to hit the $1 billion mark. Given that the fully decentralized on-chain protocol for a token exchange on Ethereum has seen a growth of 225% in the past less than five days, it won’t be long before it enters the billion-dollar […] The post Popular DEX Uniswap Beats Coinbase for the Second Time in a Row, Overthrows Other Top CEXs first appeared on BitcoinExchangeGuide.

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Aave (LEND) Becomes First DeFi Asset To Reach A Market Capitalization Of $1 Billion

Today, one of the DeFi assets, Aave (LEND) has set a record by becoming the first of its kind with a market cap of over a billion dollars, according to Messari DeFi token data. At the time of reporting, the token has a market cap of $1.

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Bitcoin Edgy on Expiry Friday

It’s the last Friday of the month, and that means Wall Street’s paper bitcoin futures expire this Friday at 4PM London time. They’re managing huge volumes at some $1 billion...

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62k Bitcoin Options Expiring This Week with Institutional Investors Short-term Bearish

As we enter into the last week of August, it’s time for bitcoin derivatives to expire. This week, 62,000 BTC worth about $730 million of Bitcoin options will be expiring on Friday. June’s $1 billion bitcoin derivatives expiry was a non-event for the price of the digital asset. Now, it’s to be seen how the […]

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DeFi may have issues, but exchanges couldn't care less

Consider this - Exactly three months ago, the TVL locked in DeFi was well under $1 billion. At the time of writing, the same figure was closing in on $7 billion, with DeFi's market cap north of $14.

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SpaceX Raises $1.9 Billion in Its Biggest Funding Round to Date

Coinspeaker SpaceX Raises $1. 9 Billion in Its Biggest Funding Round to DateThe funding comes at a time when SpaceX focuses on building out its Starlink satellite constellation to offer broadband internet commercially by the end of 2020.

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DeFi total value locked blasts through $6.4 billion, causing YFI, REN to rocket

The total value locked of the Decentralized Finance (DeFi) market surpassed $6.4 billion for the first time. The post DeFi total value locked blasts through $6.4 billion, causing YFI, REN to rocket appeared first on CryptoSlate.

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Crypto Market Cap Nears $400 Billion

The combined market cap of all cryptos and tokens is now at its highest level in more than two years. For the first time since May 2018, it has reached...

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Binance Records All-Time High In System Traffic As Bitcoin Gains $11 Billion

Leading cryptocurrency exchange Binance has reported a new record high of system activity. The exchange’s CEO Changpeng Zhao says the current activity is greater than that of December 2017 around which time Bitcoin reached its all-time high price of roughly $20,000.

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Milestone Reached as Total Value Locked in DeFi Climbs to $6 billion

Decentralized finance reached a new milestone over the weekend as the Total Value Locked (TVL) in DeFi broke $6 billion for the first time. What’s more, the rate of DeFi growth is reflecting the explosion in interest witnessed over the past few months.

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Analysis: There’s Likely Only $3.5b Locked in Ethereum DeFi, Not $6b

When analysts try and gauge the success of Ethereum’s decentralized finance projects, they often look to the “total value locked” metric. Just today, the metric, up around 1,000% since the start of 2020, surpassed $6 billion for the first time ever.

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Unraveling the Blockchain and Crypto Gaming World One Click at a Time

The latest wave of incoming blockchain-enabled games promise AAA experiences for gamers, potentially exposing 2.5 billion people to crypto.

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Is Chainlink riding the DeFi bubble?

The cryptocurrency market has been seeing decentralized finance [DeFi] driving growth in the crypto-verse. Recently, on 9 August, the total market cap peaked at $11 billion, however, at press time wasThe post Is Chainlink riding the DeFi bubble? appeared first on AMBCrypto.

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Altseason Narrative Strengthens as Altcoin Market Cap Breaches Multi-Year Resistance Level

The total altcoin market capitalization has crossed $140 billion, possibly signaling the beginning of a new altseason.   Altcoin Market Cap Breaks Resistance According to a tweet by cryptocurrency analyst Rekt Capital on Tuesday (August 11, 2020), the altcoin market has crossed a major resistance level, going above $140 billion for the first time in twoRead MoreRead More.

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‘Bitcoin Is Superior To Cash’, Says World’s Largest Business Intelligence Company

Publicly listed business intelligence firm MicroStrategy announced on Aug 11 that it had purchased 21,454 bitcoins worth $250 billion at the time, in a bid to hedge against Fed-led inflation. This is a major achievement for bitcoin as it adds credibility to the narrative that the king of crypto is gaining popularity on Wall Street as […]

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Cardano short/medium-term price analysis: August 09

Trading at $0.145, Cardano is still the eighth largest cryptocurrency in the world, boasting a market cap of $3.66 billion. On a higher time frame, the coin has seen a surge of about 900% from March tThe post Cardano short/medium-term price analysis: August 09 appeared first on AMBCrypto.

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Tezos long-term Price Analysis: 06 August

At the time of writing, Tezos was ranked 13th on the charts with a market cap of $2.32 billion. With XTZ priced at $3.14, the crypto was registering a decline of 1.05% over the last 24 hours. However,The post Tezos long-term Price Analysis: 06 August appeared first on AMBCrypto.

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Ethereum DeFi’s Flagship Coin, MakerDAO, Is Down 55% Against ETH in 2020

Ethereum’s decentralized finance (DeFi) sector has undergone parabolic growth over the past few months. The value of coins locked in DeFi protocols has surged to a cumulative $4. 25 billion for the first time ever.

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Bitcoin Rises on Futures Expiry

Bitcoin has reached record volumes on Wall Street’s CME where $1.4 billion worth of 125,000 bitcoin contracts exchanged hands this Monday. As of 5PM London time today, 60,000 bitcoins exchanged...

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The Bank of England Picks Accenture to Build Its Innovative Payments System 

The Bank of England (BofE) has announced that it has chosen Accenture for the renewal and revamping of the nation’s Real Time Gross Settlement (RTGS) system which processes a massive GBP 685 billion daily.

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Chainlink long-term Price Analysis: 30 July

Chainlink, at the time of writing, occupied the 12th spot on CoinMarketCap's charts with a market capitalization of $2.5 billion. While the cryptocurrency did lose a significant chunk of its value durThe post Chainlink long-term Price Analysis: 30 July appeared first on AMBCrypto.

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Ethereum Futures Hit $1 Billion as Forecasts Show Positive Interest in the Decentralized Platform

Coinspeaker Ethereum Futures Hit $1 Billion as Forecasts Show Positive Interest in the Decentralized PlatformFor the first time in the history of Ethereum, its futures contract has generated unprecedented interest as it has eclipsed $1 billion.

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Ethereum Futures Hit $1 Billion as Forecasts Show Positive Interest in Decentralized Platform

Coinspeaker Ethereum Futures Hit $1 Billion as Forecasts Show Positive Interest in Decentralized PlatformFor the first time in the history of Ethereum, its futures contract has generated unprecedented interest as it has eclipsed $1 billion.

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Cardano, Monero, BAT Price Analysis: 28 July

The digital asset industry has collectively surged by 18.34 percent over the past couple of days. The total market cap had increased from $283 billion to $335 billion, however at the time of writing iThe post Cardano, Monero, BAT Price Analysis: 28 July appeared first on AMBCrypto.

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MakerDAO Passes $1B Milestone in DeFi First

The total value of ether locked in DeFi's oldest project has surpassed $1 billion for the first time.

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Tether Prints $120 Million, Surpasses $10 Billion

Tether has just minted $120 million worth of usdt tokens which are pegged to the dollar 1:1. That brings their total market cap above $10 billion for the first time...

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Ethereum OI rises as DeFi TVL hits $3 billion

The Ethereum derivatives market, like its spot market, was lying low. The last time the Options market witnessed increased activity was on 26 June, wherein a bulk of contract expiry was supposed to taThe post Ethereum OI rises as DeFi TVL hits $3 billion appeared first on AMBCrypto.

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