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Yearn Finance Token Value Slides 67%, While Locked Value Loses Over $300M
Yearn Finance’s native token YFI has been seeing significant capitulation as the price has dropped from an all-time high (ATH) of $43k in mid-September to today’s $13,875 USD value. Despite the -67. дальше »
2020-10-8 07:03 | |
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Trader Warns Of “Capitulation Volume” And “Heavy Downside” Across DeFi
The DeFi space rose to incredible heights all throughout 2020 but could have come to a roaring peak over the summer months. Assets like Yearn. Finance (YFI), Uniswap (UNI), or Aave (LEND) are all on the ropes, and related Ethereum-based decentralized finance tokens have fallen 60% across the board. дальше »
2020-10-8 04:00 | |
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Analyst Claims Chainlink Could Plummet Below $7.00 as Selling Pressure Ramps Up
Chainlink, despite being the darling of the crypto market since 2017 for altcoin traders, is now facing some immense turbulence – the likes of which haven’t been seen in years. The cryptocurrency gained notoriety for its ability to consistently set fresh highs while the rest of the market was reeling lower in the wake of […] дальше »
2020-10-8 02:00 | |
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New Bitcoin addresses shoot “off the charts” despite price drop
Bitcoin’s price action has been tepid at best over the past few weeks due to a confluence of fundamental trends. The post New Bitcoin addresses shoot “off the charts” despite price drop appeared first on CryptoSlate. дальше »
2020-10-8 01:00 | |
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Here’s the Reason Why Bitcoin’s Price is Stable Despite Macro Turbulence
Bitcoin’s price has been incredibly stable throughout the past couple of weeks Even bearish news developments that would have – in years past – catalyzed far-reaching selloffs have done little to shake its present strength Analysts are now widely noting that the traditional markets will be a guiding force for BTC going forward Which direction they begin trending mid-term will likely influence the benchmark crypto One on-chain analyst is now putting forth an interesting observation […] дальше »
2020-10-8 21:00 | |
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Tether Could Replace Ether Next Year, Despite Ethereum Miners Pushing Network to New Highs
The second-largest network is enjoying immense growth. The average estimated number of hashes per second produced by the miners in the Ethereum network has reached its all-time high, surpassing 250 trillion/second. дальше »
2020-10-7 16:26 | |
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Bank of Korea to Test CBDC Distribution in 2021
With phase one of its central bank digital currency (CBDC) experiment complete, the Bank of Korea (BOK) is looking forward to testing the token distribution system in 2021. Despite the ongoing CBDC trials, South Korea’s central bank says it is not looking to launch a sovereign digital currency. дальше »
2020-10-7 14:34 | |
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XRP, Tron, Maker Price Analysis: 07 October
The S&P 500 Index dropped from 3420 to 3343, a 2.3% drop, in a matter of hours after tweets from the US President about the stimulus package negotiations' setback. Despite arguments about an uncorThe post XRP, Tron, Maker Price Analysis: 07 October appeared first on AMBCrypto. дальше »
2020-10-7 14:30 | |
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As Long as Bitcoin Holds $10,500, Price Could Hit $11,200: Analyst
Bitcoin has stagnated at the local highs around $10,700 over the past few hours and days. The leading cryptocurrency remains below the highs it set last week prior to the BitMEX news breaking. Analysts are still optimistic about the cryptocurrency despite the ongoing stagnation and relatively weak price action. дальше »
2020-10-7 13:00 | |
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Despite Short-Term Weakness, Bitcoin Macro Trend Still Positive
Since peaking in late August, the price of Bitcoin has undergone a strong decline that has brought the cryptocurrency as low as $9,800. At its worst, BTC was trading more than 21% below its local year-to-date high. дальше »
2020-10-7 13:00 | |
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Top Ethereum Wallet MetaMask Hits Milestone Despite DeFi Slowdown
The Ethereum decentralized finance market has undergone a strong rejection over recent weeks. Leading DeFi coins are down 30-80% since the highs they posted in mid August or early September. One analysis by a noted crypto analyst shows that the average DeFi coin, including Ethereum, is down 60. дальше »
2020-10-7 06:00 | |
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Battered DeFi Market Continues Descent: Compound, Synthetix, Balancer Slip 10%
The beaten and bruised decentralized finance (DeFi) market has continued its descent despite a rally in Bitcoin’s price. Top coins pertaining to this segment of the crypto space have continued to slide lower. дальше »
2020-10-7 02:59 | |
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$1 Bitcoin investment beats gold and stocks despite 2020 gains
2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets.
дальше »2020-10-6 15:19 | |
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Bitcoin Forms Series of 5 Worrying Signals Despite Reclamation of $10,700
Bitcoin underwent a strong drop last week on news of BitMEX getting charged by the U. S. CFTC. The cryptocurrency fell from its $10,900 highs to a local low around $10,400. This marked a drop of around 5%. дальше »
2020-10-6 13:00 | |
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Bitcoin Bulls Hold Steady Lead Over Bears Despite Recent Selling Pressure
Bitcoin is currently trading at $10,693 after slipping below $10,900 on October 1 due to several negative news. From the KuCoin hack a week ago to Trump getting infected with the Coronavirus, the Bitcoin holder’s strength has been tested thoroughly. дальше »
2020-10-7 23:07 | |
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SushiSwap (SUSHI) dives 18%, loses $1 support as DeFi sell-off continues
Despite relative resilience in the price of Bitcoin after the news of the United States CFTC charging BitMEX, leading Ethereum-based decentralized finance coins are being crushed as of this article’s writing. дальше »
2020-10-7 19:00 | |
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Chairman Jay Clayton: The SEC is Open to Tokenizing ETFs Despite Recent Clampdowns
The Chair of the U. S Securities Exchange Commission (SEC), Jay Clayton, has said that the agency is open to discussing tokenized exchange-traded funds (ETFs). He was speaking at a Chamber of Digital Commerce webinar held on Oct 2, where he highlighted that ‘It may very well be the case that […stocks] all become tokenized. дальше »
2020-10-5 17:03 | |
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DeFi Tokens Still Dominate Despite Market Correction
Decentralized finance tokens have experienced a large pullback during the recent market correction but are still dominating in terms of gains made so far this year. Cryptocurrency markets have made minor gains over the weekend with nearly $5 billion added to total market capitalization. дальше »
2020-10-5 10:33 | |
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Here's the Mt. Gox catalyst Bitcoin needs to watch out for
September was an eventful month for the crypto-market, to say the least, with the month seeing a major crypto-exchange hack among a host of other developments. However, despite the quarter ending as iThe post Here's the Mt. дальше »
2020-10-5 23:00 | |
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What Market Pundits Say Comes Next For Bitcoin Following BitMEX’s Indictment
Crypto analyst Willy Woo has recently voiced his inclination on the great confidence he still has in Bitcoin despite its dwindling market price. According to Woo, the market has been unjustly overawed because BitMEX wasn’t hacked but its founders were charged by the CFTC for violating the US Bank Secrecy Act. He also states “No […] дальше »
2020-10-7 01:16 | |
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Here’s Why Bitcoin Hasn’t Nuked Lower Despite Barrage of Bearish News
Many analysts and investors have been quite surprised at how stable Bitcoin’s price has been despite a plethora of bear-favoring developments within the markets From a macro perspective, President Trump’s recent viral diagnosis has rocked the traditional markets, which has had a trickle-down effect on crypto Within the crypto market, the recent $150m KuCoin hack, as well as the government’s charges against the BitMEX founders, have both spooked investors Despite all these factors placing pressure […] дальше »
2020-10-4 00:00 | |
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Ethereum is Stuck Below a Crucial Level as Weekly Close Fast Approaches
Ethereum’s price has been consolidating alongside Bitcoin’s throughout the past few days, with buyers and sellers reaching an impasse This has come about as the entire cryptocurrency market struggles to find any significant directionality Where the market trends next will likely depend on Bitcoin, which has been performing quite well despite a myriad of bearish news developments ETH’s consolidation phase has grown quite narrow as of late, and it remains stuck below a crucial level […] дальше »
2020-10-4 22:00 | |
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Binance Coin, NEM, Enjin Price Analysis: 03 October
Despite developments that could have had a strong bearish impact on Bitcoin such as the Kucoin hack, BitMEX co-founders being charged by the CFTC, or the stock market drop following the U.S President'The post Binance Coin, NEM, Enjin Price Analysis: 03 October appeared first on AMBCrypto. дальше »
2020-10-3 11:00 | |
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BitMEX Sees Largest Single-Hour Bitcoin Outflows Ever Following CFTC Charges
BitMEX has long been a source of polarization within the crypto industry. Despite many traders blaming it for the so-called “scam wicks” and immense volatility within the crypto markets, it remained the largest and most widely used Bitcoin trading platform. дальше »
2020-10-3 05:00 | |
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Top On-Chain Analyst Thinks Bitcoin Will “Pop” Despite BitMEX News
Bitcoin underwent a strong rejection on Thursday and Friday morning due to two fundamental trends. First and foremost, BitMEX was charged by the U. S. CFTC over derivatives concerns and anti-money laundering concerns. дальше »
2020-10-3 02:59 | |
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Yearn.finance (YFI) Drops 10% Despite These 2 Fundamental Trends
Despite resilience in the price of Bitcoin, it’s been another brutal day for Yearn. finance (YFI) and other DeFi coins. The leading decentralized finance coin, based on Ethereum, has dropped 10% in the past 24 hours. дальше »
2020-10-3 02:59 | |
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Analyst: Chainlink Likely to Face Grim Downturn That Leads to $6.85
Chainlink’s price action has been overtly bearish as of late, with the cryptocurrency being unable to hold above $10. 00 despite the technical strength resulting from its recent rebound from the $7. 00 region. дальше »
2020-10-3 00:00 | |
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Ethereum to See Further Losses as Crypto Market Becomes “Beyond Bearish”
Ethereum and the aggregated crypto market have been caught in the throes of a strong downtrend throughout the past 24-hours This has come about due to multiple macro developments, including news about President Trump’s health as well as the government’s decision to chart the BitMEX owners Despite the overt bearishness of these sellable news events, both Ethereum and Bitcoin are still sitting above their multi-week lows That being said, one analyst is expecting Ethereum to […] дальше »
2020-10-3 23:00 | |
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Bitcoin Shows Remarkable Strength Despite Growing List of Bearish Events
Bitcoin’s price saw a decent recovery following the BitMEX imbroglio yesterday, but the cryptocurrency’s reverted most of these gains overnight due to news of President Trump contracting the lethal virus This news sent shockwaves throughout the traditional markets as well, and appears to be having a trickledown effect on BTC as well as altcoins Where the aggregated crypto market trends in the days, weeks, and months ahead will likely depend largely on the global markets […] дальше »
2020-10-3 21:00 | |
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An Impressive Feat: Bitcoin Holds Strong at $10,000 Despite 3 Big Hits
2020 has been really good for the majority of the asset classes. But bitcoin hasn’t been able to achieve a more significant price level, still struggling to top 2019’s $13,900 price point. The year started on a bullish note, only to experience one of its worst crashes in March. дальше »
2020-10-3 20:35 | |
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Galaxy Digital CEO: Bitcoin Dips Should Be Bought Despite BitMEX News
Bitcoin faced a strong correction on Thursday from its $10,900 daily high. The leading cryptocurrency currently trades for $10,400, reaching session lows. Altcoins have dropped even further, acting as high-beta plays on Bitcoin. дальше »
2020-10-2 13:00 | |
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Tomochain (TOMO) Sheds 22% After Losing Battle with Resistance
The Tomochain (TOMO) price has been increasing significantly since it reached a local low on Sept 5. Despite the significant rejection on Oct 1, it’s possible that the correction has ended and TOMO has begun a new upward move. дальше »
2020-10-2 11:08 | |
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Why are so many people in Eastern Europe using cryptocurrencies?
How did Russia, a country where cryptocurrencies are banned for use as payment, and Ukraine, where the asset class essentially exists outside of the law, rank the highest when it comes to crypto adoption? The latest Chainalysis report, where Eastern Europe was found to have the highest grassroots-level adoption of cryptocurrency despite being the fourth-largest […] The post Why are so many people in Eastern Europe using cryptocurrencies? appeared first on CryptoSlate. дальше »
2020-10-2 06:00 | |
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Bitcoin Has Yet to Break Key Resistance Despite Strong Monthly Close
Bitcoin is currently posting a somewhat weak attempt to shatter the resistance laced throughout the upper-$10,000 region A break above here could open the gates for a move post $11,200, which would mark an end to its recent bout of sideways trading That being said, the crypto has yet to firmly climb above one key level that an analyst is closely watching Until it does so, the significance of this recent push higher remains somewhat […] дальше »
2020-10-2 02:00 | |
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Uniswap’s UNI Could Rally to $4.75 Despite Ongoing Selloff; Here’s Why
Unsiwap’s governance token UNI has been attempting to form the lower-$4. 00 region as a strong base of support throughout the past few days and weeks, with buyers and sellers largely reaching an impasse as it hovers just above this level. дальше »
2020-10-2 02:00 | |
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DASH Fails to Confirm Bullish Trend Despite Breakout
The DASH (DASH) price has been decreasing since reaching a high of $106.36 on Aug 8. While there are some bullish reversal signs present, the upward trend is not yet confirmed. DASH Long-Term Levels The DASH price has broken out from a long-term descending resistance line which had been in place since May 2019 and […] The post DASH Fails to Confirm Bullish Trend Despite Breakout appeared first on BeInCrypto. дальше »
2020-9-30 13:17 | |
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Chainlink Downtrend Could Continue Toward New Lows Despite Record Rebound
Chainlink recently saw a record-breaking rebound, closing an intraday rally with more than 30% gains on the day. The recovery kept climbing but has since turned around at the top of a downtrend channel that thus far has been holding. дальше »
2020-9-30 04:00 | |
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Whales continue to buy Bitcoin despite uncertainty in the crypto market
Bitcoin (BTC) continues consolidating within a narrow trading range without providing a clear path for where it is headed next. Despite the uncertainty around it, different on-chain metrics suggest that large investors are choosing to buy Bitcoin evermore increasing their positions. дальше »
2020-9-30 00:16 | |
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Analyst: Chainlink Gearing Up for a Major Push Higher as Bulls Defend $10.00
Chainlink is currently attempting to confirm $10.00 as a support level as it faces inflows of selling pressure that jeopardize its near-term outlook. Despite the present weakness it is facing, a confirmation of this level as support would be incredibly bullish, as it would mark a mid-term support-resistance flip that potentially kicks off the next […] дальше »
2020-9-30 00:00 | |
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Bitcoin Could See an Accelerated Decline to $9,500 if It Breaks One Key Level
Bitcoin’s price has been largely stagnant over the past couple of days, with its recent uptrend stopping short of leading the cryptocurrency up to highs of $11,000 BTC has been able to maintain the bulk of its recent gains despite the selloff seen yesterday afternoon This selloff caused it to wick as low as $10,500 on some exchanges, but the decline was fleeting and followed by a strong rebound Although Bitcoin has been consolidating ever […] дальше »
2020-9-30 21:00 | |
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Bitcoin Decouples from Gold, Stocks after Overnight Sell-Off, What’s Next?
Bitcoin did its own thing during the late Monday trading session. The benchmark cryptocurrency plunged suddenly towards $10,600 after maintaining intraday gains above the $10,800-support all day. The sell-off appeared despite a healthier macroeconomic outlook led by signs of progress in the release of the second COVID-19 stimulus package. дальше »
2020-9-29 08:14 | |
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Uniswap’s UNI Token is “In Trouble” as It Breaks Below Crucial Support
Despite the entire crypto market currently showing signs of strength, Uniswap’s governance token – called UNI – has been struggling throughout the past day, with sellers gaining full control of its near-term trend. дальше »
2020-9-29 02:00 | |
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