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Bitcoin Markt bricht ein – war es das mit dem Bullen-Run

Der gesamte Cryptomarkt verlor in den vergangenen 24 Stunden deutlich. Bitcoin gab in der Spitze über 5 Prozent ab, manche Altcoins verloren sogar mehr als 10 Prozent. Ist damit der Aufschwung vorbei?Bitcoin News: Bitcoin Markt bricht ein – war es das mit dem Bullen-RunDer Basis-Support des BTC wurde durch den Einbruch getestet und oberhalb von 11.000 US-Dollar bestätigt. Bei ungefähr 11.100 US-Dollar stabilisierte sich der Kurs wieder, ehe er bis heute Morgen leicht anstieg.Einige Analysten...

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Litecoin (LTC) Price Analysis: Do or Die for The Bulls Near $57

Litecoin price is currently declining and trading below the $62.00 and $60.00 support levels against the US Dollar.LTC price is testing the $57.00 support zone and it is well below the 55 simple moving average (4-hours).There was a break below a major connecting bullish trend line with support near $61.45 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $60.00 and $60.50 resistance levels to move into a positive zone.Litecoin price is currently...

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Ethereum Surges; Will It Hit $500 Soon?

Ethereum – the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin – has surged overnight by more than ten percent and is currently trading for well over $477. This is a spike of more than $30 over the past 24 hours.Ethereum Has Jumped Beyond $470On Monday August 31, the currency was trading for around $443, having broken $400 just two days prior. The entire week before, Ethereum had encountered a period of relative stagnation, hanging about the high $300...

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Tron (TRX) Price Analysis: Bulls Aiming Larger Rally To $0.05

Tron price started a strong rise above the $0.0300 resistance zone against the US Dollar.TRX price traded as high as $0.0373 and it is currently consolidating gains.There is a major bullish trend line forming with support near $0.0315 on the 4-hours chart (data feed via Bitfinex).The pair could correct a few points, but dips are likely to remain bid near $0.0340 or $0.0315.TRON price is trading in a strong uptrend well above $0.0340 against the US Dollar, while bitcoin is struggling near...

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YFI Token Has Added More Than 3,000 Percent to Its Value

No doubt about it… The DeFi (decentralized finance) space is growing like there’s no tomorrow. One of the biggest coins within the arena to be expanding lately is known as yearn finance (YFI). Thus far, the coin is up more than 3,500 percent since last month.YFI Has Surged in Recent WeeksWhile everyone wants to make such a big deal out of bitcoin this year – the currency is presently up more than 40 percent since the beginning of 2020 – this is nothing compared with YFI, which has also put...

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Cardano (ADA) Price Analysis: Fresh Rally To $0.15 Seems Possible

ADA price formed a decent support base above $0.1000 and currently rising against the US Dollar.The price is currently trading above the $0.1180 resistance and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1140 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher above $0.1280 and $0.1350 in the near term.Cardano price is slowly moving higher towards $0.1300 against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Aims Larger Rally Above $450

Ethereum price is rising and it is trading well above the $430 level against the US Dollar.ETH price is likely to accelerate higher above the $448 and $450 levels.There was a break above a major bearish trend line with resistance near $394 on the 4-hours chart (data feed from Coinbase).The pair is currently trading with a positive angle above $440 and the 55 simple moving average (4-hours).Ethereum price is gaining bullish momentum above $440 against the US Dollar. It seems like ETH/USD is...

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Grayscale Premiums Are Through the Roof

Grayscale is taking the trading world by storm. It is currently responsible for more than $5 billion in digital assets, which is about 40 percent higher than the figure it oversaw in early summer at the conclusion of its second quarter.Grayscale Premiums for Two New Trusts Are HugeRecently, the company released two new crypto trusts, one for Litecoin and the other devoted to bitcoin cash. While this would be fantastic news in most circles, there are some analysts that question how the trusts...

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TRON Partners with Band to Deliver On-Chain Oracles for DeFi

TRON dApp developers have just acquired new capabilities after TRON announced a partnership with Band Protocol.The deal means that third-party devs will be able to utilize Band’s oracle solution to obtain tamper-proof price feeds and other external data sources. Reliable oracles are regarded as one of the most critical capabilities for a blockchain to acquire, significantly extending the utility of the sort of applications that can be built.The partnership arrives at a good time for both...

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Short Time? After 30,000% Since Launch, Binance Futures Adds Yearn Finance (YFI) For Leveraged Trading

YFI has undoubtedly been the best performing cryptocurrency of the past month in terms of pricing.The governance token of Yearn Finance was announced on July 17th by Andre Cronje and has since taken off in a way no one probably expected.What started as a “0 value” token is currently trading at around $36,000 and has become the first altcoin since 2016 to flip Bitcoin’s dollar value. Now, the world’s leading cryptocurrency exchange, Binance, has launched YFI futures contracts, allowing traders...

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