Altcoins

A recent report exploring the Q3 2020 developments in the decentralized finance ecosystem confirmed the narrative that it was the best quadrant for the entire field.Additionally, it highlighted Ethereum’s massive role as the underlying technology but also broached several potential competitors, including TRON and EOS.Confirmed: DeFi Exploded In Q3 2020The analytics company Dapp Radar posted its quarterly report on the DeFi progress this week. It described Q3 2020 as the “best quarter for the...

After trading below $11,000 for weeks, Bitcoin finally broke above that psychological level with a 5% increase in the past 24 hours. The altcoins have come along for the ride, and the market cap has jumped by nearly $20 billion since yesterday.Bitcoin Breaks Above $11,000Bitcoin was steadily increasing in the past few days and neared the coveted $11,000 yesterday. Unlike the previous attempts to conquer that level, though, BTC smashed above it rather decisively this time.The primary...

Apart from BNB, Changpeng Zhao, the founder and CEO of cryptocurrency exchange heavyweight Binance has another reason to smile.Yesterday the Binance Smart Chain (BSC) handled 21 percent of Ethereum transactions, at 0.6 percent of the gas fees charged for transfers on the latter. This makes BSC about 35 times cheaper, he said. Also, CZ added that if BSC handles more volumes, it will bode well for BNB price and node operators.Binance Smart Chain Handles 21 Percent of Ethereum...

Bitcoin cash price is gaining pace above the $225 and $230 resistance levels against the US Dollar.The price is now trading above the $232 resistance and the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance at $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $238 and $240 resistance levels in the near term.Bitcoin cash price is showing positive signs above $230...

Following yesterday’s announcement that Square has purchased $50 million worth of Bitcoin, the asset has reacted with a significant price jump to $10,900. Most altcoins have followed suit and the cryptocurrency market cap has increased by $12 billion.Bitcoin To $10,900 Due To Square?Bitcoin was in a bit of a pickle in the past few days trading around $10,600. Yesterday didn’t appear as a breakthrough day for the asset as it was slowly declining towards $10,540 (on Binance).However,...

EOS rallied sharply above the $2.500 and $2.800 resistance levels against the US Dollar.The price traded as high as $.979 before correcting lower sharply towards the 55 simple moving average (4-hours).There is a short-term declining channel forming with resistance near $2.670 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could either restart its rise above $2.700 or decline further towards the $2.500 support.EOS price is trimming gains from the $3.000 resistance...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 987. Im heutigen Video geht’s um folgende Themen: Neues Geldsystem durch die Hintertür, Google Cloud wird Block Producer bei EOS & Trons DeFi-Pläne – Justin Sun will einfach Ethereum kopieren. 1.) Digitaler Euro in Vorbereitung?https://www.mmnews.de/wirtschaft/152432-digitaler-euro-in-vorbereitung 2.) Google Cloud wird Block Producer bei EOShttps://www.btc-echo.de/google-cloud-wird-block-producer-bei-eos/...

Litecoin price is slowly recovering and trading above the $45.00 support zone against the US Dollar.LTC price is currently facing a major hurdle near the $47.00 and $48.20 levels.There is a key bullish trend line forming with support near $45.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to climb higher unless it breaks the $45.00 support zone in the near term.Litecoin price is currently trading in a range above $45.00 against the US Dollar, similar...

The government of Venezuela does not know what else to do to control its economy and is trying to save its financial life by doing what all the world governments are doing: printing more money… A lot of money.Sources close to the Venezuelan government revealed that the country’s Central Bank has just bought 71 tons of paper to print money. Experts believe this new batch of paper will supply the country’s demand for bills of the highest possible denomination: 100,000 sovereign Bolivars —or the...

Tron price is trading in a bearish zone below the $0.0285 and $0.0300 resistance levels against the US Dollar.TRX price is now trading well below the $0.0265 pivot and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0278 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue lower and it could dive if it clears the $0.0240 support zone.TRON price is currently trading in a bearish zone below $0.0265 against the US...