As the DeFi and yield farming craze continues to entertain the cryptocurrency industry, the price of yEarn. Finance’s native token YFI has gone parabolic, surpassing Bitcoin’s by almost $1,000. This makes YFI the most expensive crypto asset in the market.1 YFI = 1.15 BTCAccording to data on Binance, the DeFi token is trading at $12,770 at the time of writing, while Bitcoin’s dollar value is currently around $11,790. Earlier today, YFI traded at an All-Time High (ATH) of $13,444 before...
Read More »EOS Price Analysis: Uptrend Support Intact Near $3.20
EOS price climbed to a new multi-week high at $3.950 before correcting lower against the US Dollar.The price corrected lower below $3.5501 and even spiked below the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $3.150 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase as long as it is above $3.200 and $3.150.EOS price is correcting gains from the monthly high against the US Dollar,...
Read More »Litecoin (LTC) Price Analysis: Support Turned Resistance At $65
Litecoin price started a major downside correction from the $69.00 swing high against the US Dollar.LTC price is currently holding the key $60.00 support zone and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $62.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could rise again, but the bulls need to clear the $65.00 resistance for a sustained upward move.Litecoin price is holding a couple of important...
Read More »Google Searches For Buy Crypto At Highest Point Since January 2018
Google trends data reveals that the number of “buy crypto” searches has exploded worldwide in the past few weeks to a two-year high.Simultaneously, the “buy Bitcoin” searches, which jumped prior to the 2020 halving and decreased immediately after, have increased since late July.Buy Crypto Searches To A Two-Year HighAccording to Google trends, “buy crypto” searches reached an all-time high rather expectedly during the parabolic price increase of late 2017 and early 2018. As the market was...
Read More »Tron (TRX) Price Analysis: Trimming Gains, But Uptrend Intact Above $0.025
Tron price jumped more than 25% and climbed towards the $0.0325 level against the US Dollar.TRX price traded as high as $0.0325 and recently started a downside correction wave.There is a key bullish trend line forming with support near $0.0260 on the 4-hours chart (data feed via Bitfinex).The pair is likely to bounce back above $0.0280 as long as it is trading above the $0.0250 support.TRON price is currently correcting gains from highs against the US Dollar, similar to bitcoin. TRX price...
Read More »#951 Ethereum 2.0 kommt schnell voran, Binance-Aktivität auf ATH & Dave Portnoy Krypto
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 951. Im heutigen Video geht’s um folgende Themen: Ethereum 2.0 „kommt ziemlich schnell voran“, Binance-Aktivität hat die Höchststände von 2017 überschritten & Dave Portnoy Krypto Die heutige Show wird gesponsert von www.Switchere.com – Krypto mit Kreditkarte SOFORT verkaufen & kaufen ohne versteckte Gebühren. 1.) Ethereum 2.0 „kommt ziemlich schnell...
Read More »Yearn Finance (YFI) Just Broke a Record Not Seen Since ZCASH Launch In 2016
DeFi tokens are leading crypto markets to their highest levels in terms of total market capitalization for over a year.One of the top-performing digital assets at the moment is YFI, as it surges over 70% on the day to reach an all-time high at $12,821. It has become the only cryptocurrency since 2016 to have ever flipped Bitcoin’s dollar value.YFI/USDT. Source: BinanceThe token is the basis of the Ethereum based DeFi yield aggregator Yearn.Finance, which allows users to earn interest and...
Read More »Cardano (ADA) Price Analysis: Bullish Pattern Suggests Sharp Increase
ADA price is trading in a positive zone above the $0.1320 support against the US Dollar.The price is currently struggling near $0.1450, but it is well above the 55 simple moving average (4-hours).There is a key rising channel forming with support near $0.1380 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if there is a clear break above the $0.1450 resistance zone.Cardano price is slowly gaining pace above the $0.1400 level against the US Dollar, similar...
Read More »Ethereum Price Analysis: ETH Eyeing More Upsides Above $450
Ethereum price remained in a positive zone and climbed towards $450 against the US Dollar.ETH price is currently consolidating gains above the $412 and $410 support levels.There is a crucial bullish trend line forming with support near $402 on the 4-hours chart (data feed from Coinbase).The pair is likely to climb further above the $450 resistance as long as it is above $400.Ethereum price is currently following a nice uptrend above $400 against the US Dollar. ETH/USD might start another...
Read More »Bitcoin Crushing Altcoins as BTC Price Sets New 2020 High
Bitcoin has responded to the rising altcoins and just pumped to a new yearly high of over $12,400. By doing this, the primary cryptocurrency has increased its dominance over the market after reaching a new yearly low earlier today.Bitcoin To $12,400 and Beyond?As CryptoPotato reported earlier, Bitcoin stood still at $11,800, while many low-cap alts were surging. Thus, BTC’s dominance dropped to its lowest point in over a year at 58.4%. Just a few hours ago, however, the first-ever...
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