DeFi Networks Still in Boom With Locked BTC Increase By 20X

Coinspeaker DeFi Networks Still in Boom With Locked BTC Increase By 20XDeFi networks show signs of the increase despite the current decrease on the market. Since September, 2 Bitcoins available in the networks have increased from 67,038 BTC until 87,752 BTC. дальше »

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A Worrisome Gold Warning Puts Bitcoin At Risk of Plunging; Here’s How

Bitcoin was trading lower ahead of the New York opening bell Friday as the US dollar rebounded despite its prevailing bearish setup. As of 0649 EST, BTC/USD was changing hands for $10,289, down 0. 53 percent from its daily open. дальше »

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Report suggests Bitcoin hash rate stays intense despite heavy rains

The new report published by the Stack Funds shows that heavy rains and monsoon season in China has not forced miners to step back from mining Bitcoin. Lately, China has been experiencing power outage issues because of the rains. дальше »

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Total Cryptocurrency Market Cap Remains Bullish Despite Deep Cut

The Total Cryptocurrency Market Cap (CRYPTOCAP) has broken out and validated an important horizontal level as support. As long as it is trading above it, the trend remains bullish. Cryptocurrency Cap Re-Tests Resistance The CRYPTOCAP has increased by 186% since the March crash 186 days ago. дальше »

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BTC locked in DeFi increased by 20X the entire Lightning Network this week

Despite the recent mini price crash, DeFi users have injected more than 20,000 Bitcoin into DeFi projects in the last week, suggesting the DeFi bull run isn’t over. дальше »

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Bitcoin Bulls Are Safe Despite Lack In Momentum Above $10.5K: Here’s Why

Bitcoin price started a decent recovery wave above the $10,200 resistance against the US Dollar. BTC is still struggling near $10,500, but dips are likely to remain supported near $10,200. Bitcoin is currently correcting lower from the $10,500 resistance zone. дальше »

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Stablecoins post triple-digit growth in 2020, but institutional rivals loom

Despite stablecoins posting triple-digit market cap growth this year, competition from projects backed by major financial and tech corporations is on the horizon. дальше »

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Despite Warnings from Regulators, the Ethereum Fueled Pyramid Scheme Forsage Thrives

While Ethereum has seen a number of benefits from the decentralized finance (defi) movement and initial coin offerings (ICOs), more recently individuals have been leveraging ether for pyramid schemes and matrix cycler programs. дальше »

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More Ethereum Whales Joined The Network Despite Recent Price Crash, Data Shows

The price of ethereum recently experienced a major technical breakdown (similar to bitcoin). After breaking below late June 2019’s high of $370, ETH cratered by as much as 30% in less than 7 days. The decreasing prices likely cast a shadow on ETH day traders. дальше »

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Litecoin (LTC) Attempts to Reclaim $50 Support level

Despite the rapid decline on September 2, the long-term bullish structure for Litecoin (LTC) is still intact. As long as the price is trading above the $42 support area, the possibility of bullish continuation remains valid. дальше »

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DeFi Effect: Ethereum Network Grows 25% In 2020, Most Addresses Profitable

Ethereum has had a remarkable year thanks to the DeFi explosion. Not since the ICO boom has the crypto asset seen this much demand, development, and network activity. And despite the recent plunge in Ethereum price, addresses have only grown, reaching a new all-time high and growing over 25% in 2020 alone. Here’s why Ethereum […] дальше »

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Ethereum scalability issues exposed as high gas fees stall DeFi boom

Despite Ethereum’s proposal to fix its high fees, some feel that more needs to be done to improve the network.

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Despite Substantial Rally, OMG Fails to Clear Crucial Resistance

Despite a rapid rally throughout August, the OmiseGo (OMG) price failed to reach a weekly close above a crucial resistance area. It is not yet clear if the trend is still bullish or if the price has begun a correction. дальше »

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Despite Surging 15% From Lows, Ethereum Still Isn’t Bullish

On the weekend, Ethereum plunged lower as the altcoin market bled out. At the local lows, the price of the leading altcoin hit $310-315, the lowest price in many weeks. This meant that from the $490 year-to-date highs, the cryptocurrency had retraced over 35%. дальше »

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Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead” Despite 20% Drop

Both Bitcoin and gold have corrected from their recent highs as the U. S. dollar has bounced. The two assets are tracking each other once again as they become proxies for exposure to downside in the U. дальше »

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Risks of Bitcoin Plunging to $8.8K Persist Despite Strong Intraday Gains

Bitcoin retraced to the downside sharply after testing levels near $10,500 on profit-taking sentiment. Nevertheless, the cryptocurrency so far has failed to extend its bearish momentum below a certain Fibonacci support level. дальше »

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Chinese Investors Turn to Yield Farming Despite The Recent Crash of DeFi Token Prices

Chinese investors are jumping onto decentralized finance (DeFi) despite the recent collapse in crypto markets. In an observation first published on Twitter by Chinese journalist Colin Wu, Chinese crypto exchanges are facing a log-jam of withdrawals as users rush to invest in DeFi tokens. дальше »

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Why Bitcoin Is A Valid Hedge For Whales And Institutional Investors Despite Lackluster Price Performance

Bitcoin’s price sentiment for September has changed compared to the bullish outlook that reigned in July and August. Analysts were targeting a breakout beyond $12K in the previous two months, but Bitcoin is currently struggling to stay above the $10k mark. дальше »

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Crypto surges in India after Bitcoin ban lifted

On March 5th 2020, India's Supreme Court lifted Indian’s cryptocurrency ban. In the months since, Indian crypto exchanges have seen a huge surge in trading volumes and investment despite a significant contraction of the Indian economy caused by Covid-19 дальше »

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South Korean cryptocurrency exchange Bithumb faces a setback

Despite being the biggest cryptocurrency exchange in South Korea, Bithumb becomes the second crypto-exchange to be under the investigation of the police. Reportedly, the Seoul Metropolitan Police is closely investigating the exchange to store essential shreds of evidence. дальше »

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Despite BTC Drop $10k, Top Ethereum DeFi Coins Undergo Strong Bounce

On Tuesday morning, Bitcoin once again dropped under $10,000 and Ethereum pushed lower. After a poor open in legacy markets, including gold, the leading cryptocurrencies were brought lower. Top decentralized finance (DeFi) coins based on Ethereum, though, have embarked on a healthy recovery. дальше »

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Monero (XMR) Bullish Formation Still Intact Despite Market Correction

The Monero (XMR) price decreased sharply during the marketwide crash on Sept 2-4. However, its bullish formation is still intact, and technical indicators suggest that a reversal is brewing. XMR Long-Term Breakout In July, the XMR price broke out from a descending resistance line that had been in place since June 2018. дальше »

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TRON (TRX) Fails to Close Above Major Resistance

Despite its increase during the marketwide crash of Sept 2-4, the TRON (TRX) price was rejected at an important resistance area and has lost the majority of its gains made during the previous week. дальше »

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Bitcoin Closing Above $10,500 Could Confirm This Bullish Recovery Pattern

Bitcoin remains in a weak spot despite bouncing slightly from the $9,800 lows seen on the weekend. The leading cryptocurrency currently trades for $10,100 as of this article’s writing, down marginally in the past 24 hours. дальше »

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Eerie Bitcoin Fractal Suggests Ethereum’s Price Is About To Explode Higher

Ethereum just collapsed a full 37% over the last week, following a new 2020 high and a record over 300% rally from Black Thursday lows. But despite how sharp and violent the selloff has been, its possible that the price action is a bullish retest that after confirmation leads to more new highs ahead. According […] дальше »

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Has Ethereum (ETH) Reached a Top or Is There More to Come?

Despite the sharp drop during the week of August 31 – September 6, the Ethereum (ETH) price has maintained its bullish structure. However, a reversal has to occur soon for long-term indicators not to turn bearish. дальше »

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Ethereum Whale Count Grows Amid Price Decline

More Ethereum (ETH) whale wallets have emerged over the past few days despite the over the 30 percent decline in the spot price. 68 New Ethereum Whale Wallets Emerge It appears the optimism of big-money crypto players has not been dampened by the recent market selloff. дальше »

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Despite DeFi Pivot, Tron (TRX) Just Formed This Harrowing Technical Signal

Tron has dropped in tandem with the rest of the crypto market over the past week. The prominent altcoin has dropped around 40% from its local highs around $0. 05, in fact. The cryptocurrency is up 5. дальше »

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Bitcoin Options Suggest Investors Hedging but Still Long-Term Bullish

Bitcoin's options market retains long-term bullish bias despite the recent price pullback, data shows. дальше »

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Data: Despite Ethereum & Altcoin Crash, DeFi is Going Viral in China

After a parabolic rally, Ethereum’s decentralized finance (DeFi) is starting to go semi-viral on China. This comes after months of a number of commentators noting on Twitter that DeFi hasn’t been appealing to Chinese investors due to a lack of Chinese education and user interfaces. дальше »

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Ethereum Whales Still On The Rise Despite Immense Price Dip

Updated statistics from Santiment, an on-chain social analytic cryptocurrency site confirms that Ethereum whales are pumping into the cryptocurrency market like never before. The dip in Ethereum prices has surprisingly not disrupted the number of whales that have now doubled over the last few days. дальше »

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Analyst: Ethereum Poised to Dip to $270 as Selling Pressure Mounts

Ethereum has been fully exposed to the weakness seen by Bitcoin and the aggregated crypto market today This has caused it to post some notable losses, with its price reeling down to lows of $325 earlier this morning before bears lost some of their momentum and the crypto rebounded back above $330 Despite some slightly positive price action seen this morning, one analyst is still noting that the likelihood of a decline down towards the […] дальше »

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SushiSwap (SUSHI) price up 30% despite creator’s “exit”

SushiSwap is up 30% on the day after dropping to lows of $1.17 on...

The post SushiSwap (SUSHI) price up 30% despite creator’s “exit” appeared first on Coin Journal.

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Binance Card Does Not Give Up Its Plans to Come to Russia Despite Local Crypto Law

Coinspeaker Binance Card Does Not Give Up Its Plans to Come to Russia Despite Local Crypto LawAs the Binance Card represents a crypto payment tool by design, the product’s functioning in Russia also raises a number of questions. дальше »

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Peter Schiff admits being wrong about Bitcoin (BTC) despite the dip

Peter Schiff has always been a lot more supportive of gold than the crypto industry. In fact, he never really gave Bitcoin a chance, always having a lot more bearish predictions than most others. дальше »

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LINK Price Jumps 20% Despite Bearish Market Bias; What’s Next?

LINK was among the biggest crypto gainers in the last 24 hours as its price jumped 20 percent. The Chainlink token rose to $13. 40 before correcting lower on intraday profit-taking sentiment. As of the early Monday session, LINK/USD was trading at $12. дальше »

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Investors Buying Bitcoin Amid Price Slump to Near $10K, Data Shows

Despite bitcoin shedding over $2,000 in the last few weeks, the "buy the dip" mentality in the market still appears strong. дальше »

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Binance Card still on its way to Russia despite local crypto payments ban

Russia’s law on digital assets has not affected Binance's business in any way.

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Bitcoin and Ethereum Show Signs of Recovery Despite Recent Correction

Bitcoin and Ethereum incurred significant losses over the past few days, but different technical metrics suggest everything’s not lost.  дальше »

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Bitcoin Is Consolidating At New $10k Baseline Before Next Breakout, Tyler Winklevoss Posits

The Bitcoin Index Value for August, which accounts for its average price across leading global exchanges, amounted to $11,643, according to data from Statista. Bitcoin has however started the month of September with huge retracements despite analysts’ speculation that this would boost Bitcoin’s price, the opposite has been experienced across all major exchanges. For the […] дальше »

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Bitcoin Dominance Slides Losing 10% in the Last 100 Days

Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of the aggregate market capitalization of $330 billion. дальше »

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Ethereum (ETH) price analysis: A correction or end of the rally?

Ethereum (ETH/USD) price is trading around 20% lower this week despite hitting the highest levels since June 2018. Fundamentals have also approved for the world’s second largest digital asset as Ethereum network expanded from less than 1 million contract calls in June to 3 million per day. дальше »

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Healthcare makes case for blockchain use despite challenges

Healthcare is seeing the potential.

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John McAfee Precognizes Musk?s Upcoming Big Announcement Despite Issues with Tesla?s ?Self-Driving? Feature

The former Bitcoin preacher John McAfee has now switched back to shilling altcoins; however, it is Tesla he is promoting on his Twitter handle this time дальше »

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Bitcoin's retail investors aren't as speculative as you'd think

In light of the short-term memory span of most people in the cryptocurrency space, it's easy to forget just how bullish Bitcoin has been, despite its drop from $12,000. For over a month, Bitcoin has bThe post Bitcoin's retail investors aren't as speculative as you'd think appeared first on AMBCrypto. дальше »

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Here’s Why Yearn.Finance (YFI) Remains Long-Term Bullish After 35% Drop

Yearn. finance (YFI) remains in an advantageous position despite its strong correction from local highs, analysts say. Like Bitcoin, Ethereum, and other top digital assets, YFI has faced a strong retracement over recent days as legacy markets have been crushed by a rising dollar. дальше »

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Data: Long-Term Bitcoin Investors Hold Steady Despite $2,000+ Plunge

After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation. This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point buyers stepped up and slowed its descent. From here on out, […] дальше »

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Ethereum Struggles to Reclaim $400, But Bulls May Be Building Up Strength

Ethereum has seen some mixed price action throughout the past 24-hours Despite diving as low as $375 at one point yesterday, the cryptocurrency was able to post a massive rebound that allowed it to climb back up towards $400 It has been consolidating ever since, being unable to firmly surmount this level – signaling that there is some resistance here One trader is noting that although it has shown some signs of weakness, it still […] дальше »

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Decred Price Analysis - A record number of active addresses despite bearish trend metrics

On-chain metrics have risen substantially since August, which may be due to a combination of DEX, privacy, and staking initiatives. Technicals for both the DCR/USD and DCR/BTC pairs show a bearish trend. дальше »

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V-Shaped Recovery From Bitcoin’s Biggest Drop Since March Unlikely, Say Analysts

Despite a slight bounce Friday morning, some analysts don't expect bitcoin to chart a quick recovery from the double-digit price drop over the last two days. дальше »

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