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Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection

Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely […] дальше »

2020-8-11 02:00


Bitcoin’s Highest Weekly Close Since Jan 2018 Coincides with Falling Inflow to Exchanges

Yet another weekend that saw Bitcoin jumping the $12,000 level. After breaking the key level of $10,000, now the largest cryptocurrency is working on another important level. Over the weekend, BTC went down to $11,500 only to start gaining momentum towards the end of the day to start yet another bullish week. And #Bitcoin has […] дальше »

2020-8-10 15:59


USD-Pegged Cryptos & BTC Continue to Rise in Contradiction to the Falling US Dollar

The US dollar is not having a good start in the second half of 2020. The dollar index, which measures the greenback against a basket of leading currencies, has fallen 9.5% since the March high. July was the currency’s weakest monthly performance in a decade after USD fell to a two-year low. This weakness has […] дальше »

2020-8-6 20:28


Ethereum Reaches Crucial Macro Resistance as Analysts Eye a Pullback

Ethereum’s price has rallied higher today in tandem with Bitcoin and other major digital assets This latest surge simply marks an extension of that seen throughout the past several days and weeks, with ETH now trading at the highest price levels seen in over a year The crypto is currently pushing up against its high time frame resistance, however, which could be a sign that its uptrend will start slowing in the near-term Where it […] дальше »

2020-8-1 22:00


Stablecoin Staking is Finally Possible: Neutrino USD (USDN) Offers a Safer Alternative to Tether

As the market capitalization of USDT and USDC keeps rising, recent asset freezes underline their inherent risks. Will these incidents cause more investors to turn to decentralized stablecoins, such as DAI and the stakable USDN? Since the start of June, Tether’s market cap has grown by 13%, and that of USDC Coin has finally crossed the $1bn mark. дальше »

2020-7-31 16:06


Ethereum Isn’t Out of the Woods Yet; Why ETH Could See a Sharp Decline

Ethereum’s intense uptrend has allowed the crypto to gain what appears to be a stable foothold within the $270 region Despite facing a firm rejection at $280, ETH has been able to continue flashing signs of strength At the moment, it appears to be highly correlated with Bitcoin as the two assets start another consolidation phase Analysts are now noting that Ethereum could be in for some trouble despite its overt strength It’s possible that […] дальше »

2020-7-25 23:00


DeFi ‘Farming Craze’ Pushes Stablecoin DAI to Raise Debt Ceiling to 345 Million

The Ongoing DeFi boom has the Maker community voting for increasing the debt ceilings for DAI. “The farming craze has taken another turn with the start of YFI farming. Until long term solutions are put in place, the community may want to consider increasing the ETH and USDC-A debt ceilings,” reads the team’s statement. This […] дальше »

2020-7-24 16:30