DeFi exchange 1inch reaches $10 billion in trading volumes

The decentralized exchange traded over $222 million in the past day alone.

The post DeFi exchange 1inch reaches $10 billion in trading volumes appeared first on CryptoSlate.

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Breaking down the 20% Bitcoin market crash: over $2.8 billion liquidated

It’s been a bloody past day for the Bitcoin and broader crypto market. The post Breaking down the 20% Bitcoin market crash: over $2.8 billion liquidated appeared first on CryptoSlate.

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Why SushiSwap (SUSHI) Is Surging 10% Higher Today

SushiSwap‘s native SUSHI token has surged higher over the past few days and weeks. As of this article’s writing, the cryptocurrency is up 10% in the past 24 hours, pushing to $4. 50. SUSHI’s rally comes as Ethereum has been relatively flat on a day that Bitcoin pushed to $42,000.

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Cardano Price Analysis - Transactions per day and active addresses hit new all-time highs

A quick comparison between coins using a staking mechanism shows ADA first in market cap, total daily transaction volume, and git commits on all repos over the past year. ADA is near the front of the pack in totally daily fees and in the middle regarding transactions per day, and daily active addresses.

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Bitcoin Whale manipulation - Past, Present, and Future

The collective crypto-market is adding more and more value to its market cap with every passing day. However, with profits flowing in for many cryptocurrency holders, Santiment analytics recently reveThe post Bitcoin Whale manipulation - Past, Present, and Future appeared first on AMBCrypto.

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Layer-2 scaling project Loopring (LRC) shoots over 50% higher amid Ethereum network congestion

As the entire crypto market has slingshotted higher over the past day, the Ethereum network has become congested. The post Layer-2 scaling project Loopring (LRC) shoots over 50% higher amid Ethereum network congestion appeared first on CryptoSlate.

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Two Key Reasons Why Dogecoin (DOGE) Just Dove 20% Under $0.01

Dogecoin (DOGE) is down 20% in the past 24 hours after a 100% rally on Friday. The “meme” cryptocurrency still has a market capitalization in excess of $1 billion and has registered $2 billion in trading volume in the past day.

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Ethereum Just Tapped $1,000 Amid Colossal 30% Rally

Ethereum has shot higher over the past 24 hours as Bitcoin has tried to consolidate after a 10% New Year’s Day rally. ETH is now up around 30% in the past 24 hours, pushing to $985 per coin after many days of consolidation.

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3 Key Reasons Why Bitcoin Price Just Exploded Past $32,000

Bitcoin moves past $33,500 for the first time ever after moving to $30,000 on new year’s day. BTC is now up by over 10% in the past 24 hours, pushing the altcoin market higher. There are a number of supply-demand factors accentuating this rally.

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Analyst explains why Polkadot’s DOT is up 50% in a week, outpacing Ethereum

While Polkadot’s native token DOT is down 10 percent in the past day, it is still up 50 percent in the past week after it has undergone an extreme rally, outpacing basically all other large-cap cryptocurrencies.

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Dogecoin Price Shoots 50% Higher as Bitcoin Nears $30,000

Dogecoin is up 50% in the past 24 hours, making it the best-performing crypto asset of the top 100 by market capitalization. DOGE is seeing strong volume figures on this rally: per CoinGecko, there has been over $700 million worth of the cryptocurrency traded over the past day.

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Monero (XMR) Craters 15% Amid Delisting From Leading Exchange

Monero (XMR) is the worst-performing crypto asset of the past 24 hours. The privacy-focused coin is down 15% in the past day, pushing below key support levels amid a strong drop level. Chart of XMR's price action over the past week from TradingView.

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Analytics Firm Reveals That Whales are Starting to Accumulate Ethereum

Ethereum has seen some turbulence throughout the past day thanks to its close correlation with Bitcoin While ETH was able to set a fresh post-2017 high yesterday evening, it lost its momentum and has since slid lower It is still showing some signs of strength, however, and where it trends in the mid-term will undoubtedly depend on Bitcoin Despite some uncertainty regarding its short-term outlook, so-called “whales” appear to be confident that upside is imminent […]

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Why this fork of the DeFi’s Yam Finance just surged 5,000% on the day

If you were around during this past summer’s decentralized finance (DeFi) boom, you likely remember the countless “food forks. ” After Yam Finance (YAM) launched in August, every project tried to copy it by making cryptocurrencies that were based on foods.

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Rapid Bitcoin Move Could Find a Top Near $28,000: Analyst

Bitcoin has undergone an extremely strong rally over the past day, despite the coin facing a strong dip into Christmas. Per CoinGecko, the coin is up 8% in the past 24 hours alone, pushing from the $24,500 region to $26,700 now.

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These Key Factors All Point to an Imminent Bitcoin Rally: Analyst Claims

It has been a turbulent past day for the crypto markets, with Ethereum and most other major digital assets all seeing intense selloffs yesterday Bitcoin was able to avoid seeing any intense decline, with buyers ardently defending its price from breaking below $23,000 The buying pressure here has proven to be quite intense and may continue bolstering its price action for the days and weeks to come One analyst is also noting that its mid-term […]

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Total Bitcoin ETP Volumes Surge to Over $173.5 Mln/Day in Past Month: CryptoCompare

CryptoCompare has reported a massive surge in aggregate Bitcoin ETP volumes over the past month that has partly driven the current BTC upsurge above the $17,000 level

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A Crucial Bitcoin Indicator Just Broke Out After an 8-Week Correction

Bitcoin has been subject to a healthy rally over the past day. After moving below $9,000 on the weekend in a move that scared bulls, BTC now trades at $9,300. This is a few basis points below the daily high of $9,400.

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Fund Manager Challenges Bitcoin Price Model Predicting $100k By 2021

If you’ve been involved in Bitcoin or crypto over the past year, you likely have heard of “PlanB. ” He is a pseudonymous quantitative Bitcoin analyst that works as an institutional investor in Europe by day.

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Market Wrap: Bitcoin, Altcoins, US Stocks, & Gold All Fluctuating But Remains in Red

After falling under $9,000 briefly, bitcoin is now trying to stay above $9k. BTC’s losses turned the market red, but as the day progressed, cryptos have been fluctuating between gains and losses. Bitcoin has spent most of its time in the $7,500 and $10,400 price range in the past year, shared trader Satoshi Flipper, who […]

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Ethereum Miners Are Spamming the Network

Ethereum miners are flooding the network with penny transactions and tens of thousands of them a day. Ethermine is the worst, performing 13,200 transactions in the past 24 hours for...

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Over 900 Days Since Bitcoin All-Time High, Data Shows Another Year Before New Record

On December 17, 2017, Bitcoin price set a record for its all-time high, touching just under $20,000 before a reversal into a bear market took place. Since then, over 900 days have passed and with each new day, Bitcoin inches closer to setting a new record.

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Bitcoin Funding Rates Flip Negative as Sellers Build Momentum; What to Watch For

Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […]

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Cardano, Tezos, BAT Price Analysis: 15 June

The past 24-hour's price action for most altcoins wasn't very inspiring. Most altcoins seemed to have followed Bitcoin and have registered significant price drops. During the course of the past day, tThe post Cardano, Tezos, BAT Price Analysis: 15 June appeared first on AMBCrypto.

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Over a Dozen Top Crypto Assets Are Up Over 10% Today: Here’s Why

Although most investors are keeping a close eye on Bitcoin, some crypto assets have been seeing extremely strong performances as of late. In the past day alone, more than a dozen altcoins in the top 100 cryptocurrencies are up more than 10%.

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Bitcoin Cash, Dash, BAT: Price Analysis, June 08

Bitcoin's mild surge in the past day catapulted the market cap of the cryptocurrency market to $276 billion. It was currently trading at $9,750.3 after an appreciation of 0.57%. At the time of writingThe post Bitcoin Cash, Dash, BAT: Price Analysis, June 08 appeared first on AMBCrypto.

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Crypto Market in Peril of Seeing Major Downside as Bitcoin Strength Wanes

The entire crypto market is currently consolidating as buyers and sellers reach an impasse following yesterday’s movement It now appears that the market could be positioned to see massive near-term downside due to some warning signs being flashed by Bitcoin If the benchmark cryptocurrency does lead the market lower, altcoins could severely underperform it Bitcoin and the entire crypto market have seen some calmness throughout the past day, struggling to garner any directionality in the […]

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Bitcoin Rejected Harshly on Red Supply Zone for the 3rd Time, But Focus Still on the Upside

Bitcoin opened the month on a bullish note, surging past $10,000, and then the day after, the price of BTC crashed to $9,150 on some exchanges, $9,300 on others and $8,600 on BitMEX. Bitcoin’s $10k breakout was leverage driven, “OI increased even as liquidations exploded while predicted funding and futures' basis turned extreme” and “then […]

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Trader: Bitcoin Looks Almost Exactly as It Did Prior to an 80% Rally in 2019

It’s been a tough past day for Bitcoin. Just a little more than 12 hours after the cryptocurrency crossed $10,000 for the first time in weeks, BTC’s price tanked. As reported by Bitcoinist previously, saw a mass liquidation event on derivatives platforms that took Bitcoin as low as $8,600 on BitMEX.

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This Key Data Metric Shows One Ultra-Bullish Crypto is About to Plunge

There’s no question that Chainlink has been the most bullish cryptocurrency on the market throughout the past couple of years, posting massive gains throughout 2019 and 2020 These gains allowed it to set fresh all-time highs earlier this year, and it now appears to be navigating back towards these highs Its mounting short-term strength, however, may be plagued by a massive influx of LINK into exchanged over the past day This could suggest that traders […]

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Создатель клипов Эминема, Леди Гаги и Тейлор Свифт стал криптотрейдером

Известный американский режиссер музыкальных клипов Джозеф Кан рассказал об увеличении криптотрейдингом. В своем Twitter он поделился, сколько ему удалось заработать на новом хобби. I've been day trading cryptocurrency this past month as a hobby.

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60% of Ethereum hasn’t been moved in a year; will this bolster its uptrend?

Ethereum has found itself caught within an intense uptrend over the past day, with its overnight upswing invalidating the firm downtrend that the crypto has been caught within against its Bitcoin trading pair.

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Bitcoin Risks a Free-Fall to $7,000 Despite Strong Fundamentals, Analysts Warn

Bitcoin has been consolidating within the lower-$9,000 region for the past day, struggling to garner any upwards momentum in the time following its latest rejection at $9,700. The price action seen today has come about due to this latest rejection shining a spotlight on the present weakness of buyers, as they have been unable to...

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Ethereum Posts Breakout Rally as Analysts Set Upside Targets at $290

Ethereum has been able to incur some notable upwards momentum throughout the past day. This has come about after weeks of it severely underperforming both Bitcoin and the aggregated crypto market. It now appears that the cryptocurrency could be positioned to see even further gains in the near-term, as this latest movement has provided its...

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Cryptocurrency News Roundup for May 28, 2020

Bitcoin broke through the major resistance between $9,200-$9,350 on Thursday and made it past $9,500. The mini-rally came barely a day after a leaked document showed that not only does Goldman Sachs advise clients against investing in Bitcoin, but it doesn’t even count cryptocurrencies among legit asset classes.

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Here’s the Path Forward for Ethereum to Set Fresh Yearly Highs

Ethereum has been pushing higher throughout the past day alongside Bitcoin and most other major altcoins. This climb has come about after an extended period of sideways trading within the lower-$200 region.

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Bitcoin at Risk of Collapsing to $7,000 as Selling Pressure Ramps Up

Bitcoin has been finding some slight support at $8,800 throughout the past day, but the buying pressure here appears to be quickly degrading The crypto is also on the cusp of breaking below a technical formation that could spark some serious downside If it bears are able to shatter the slight support that has been established at $8,800, the cryptocurrency could then see a sharp move that sends it rapidly reeling down to the $7,000 […]

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Bitcoin Derivatives Data: After 15% Crash, BTC Is on the Verge of Recovering

It’s been a tough past week for the Bitcoin market. After rumors spread about Satoshi Nakamoto “selling” his BTC, the cryptocurrency saw a strong rejection in the $9,700-10,000 resistance band, plunging as low as $8,600 just the other day.

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Three pools control more than half of bitcoin hashrate

Over the past day, the total share of three mining pools, F2Pool, AntPool, BTC.com, exceeded 50% of the bitcoin hashrate. Such a redistribution of forces threatens to reduce the level of decentralization in the network.

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Bitcoin’s Uptrend Could End if It Stays Below $10,000; Here’s Why

Bitcoin’s overnight swing to highs of over $9,900 has led the cryptocurrency to enter a firm bout of sideways trading that has persisted throughout the past day. The cryptocurrency’s market structure has been bolstered by its ability to find some stability in the mid-$9,000 region despite the multiple rejections it has faced at $10,000. Analysts...

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Ethereum Primed to Sky-Rocket as Long Orders Hit Record Highs

Record long orders in the market make the bullish case for the world’s second-largest cryptocurrency. Ethereum has surged by more than 6% in the past 24 hours, with prices holding above $214 for the third day running.

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Bitcoin Halving Effect: Miner Revenue Tanks 60% But Fees Compensating with 168% Spike

Bitcoin halving is past us and during this time there have been some changes in the network. As expected, the hash rate of the network crashed 40% from the all-time high put on the halving day as smaller and less profitable miners turned off their machines after being unprofitable. A decline in hash rate means […]

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Why Bitcoin Breaking Past $9,000 Is Just the Start of a Booming Bull Trend

Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback. The comeback culminated in a surge past the key $9,000 resistance on Wednesday, seen on the right-hand side of the chart below.

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Mining Pools Hoarding Bitcoin Since November, BTC Balance Jumps by 103%: Chainalysis

The third Bitcoin halving is past us and the block reward is now officially 6.25 BTC which means miners profitability is shot by 50% and there will only be an inflow of 900 BTC per day now. The after-effects can already be seen in the bitcoin market, with the hash rate declining over 20% after […]

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Bitcoin transaction volume dips as hodling pumps before halving

Every dog has its day, and for the hodlers in the Bitcoin market, they are looking beyond the halving for their good days to return. Over the past few months, the largest cryptocurrency in the markThe post Bitcoin transaction volume dips as hodling pumps before halving appeared first on AMBCrypto.

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In Bitcoin's footsteps: BSV, Monero, ALGO see reversal of fortunes

The cryptocurrency market, more often than not, dances to Bitcoin's tune. Since the start of the day, the king coin has been able to scale past the coveted $9000 mark and as history has demonstrated iThe post In Bitcoin's footsteps: BSV, Monero, ALGO see reversal of fortunes appeared first on AMBCrypto.

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Tether Treasury Prints Another $60M USDT as Bitcoin Breaks Past $8,300

Tether Treasury continues to issue more and more USDT. Today it has printed another 60M USDT, which will be entering the market shortly. Another day, another batch of USDT issued. Tether Treasury has seldom gone a day without printing more USDT in the past two months, and today is no exception.

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Coinbase Goes Down Just as Bitcoin Skyrockets to Nearly $9,000

The world’s leading cryptocurrency is on a tear today. We started the day around $7,777 only to jump as high as $8,970 on Bitstamp. Up more than 13% in the past 24 hours, volume on top ten exchanges with real volume has surged to a whopping $2.

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Stellar Price Analysis - Bullish confluence mounts

Transactions per day have increased dramatically over the past three months, reaching a new all-time high, as average transaction values have held near US$1,000 in the same period.

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