Decentralized finance tokens have outperformed their crypto brethren over the past month, with some hitting two-year highs. As the nascent industry keeps growing, which ones will be next?DeFi has been the darling of the crypto industry over the past month, doubling in total value locked (TVL) in just a few weeks. A new all-time high of $2.12 billion has just been reached, according to Defipulse.com. This represents the dollar equivalent value of all the crypto collateral locked in smart...
Read More »The Altcoins That Skyrocket Despite Bitcoin: Wednesday Price Watch
Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season.Altcoins PumpingThe majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased its value from the top 100 coins by market cap more than Dogecoin (DOGE).Its surge of over 50% means that DOGE is now trading at $0.0043 and 46...
Read More »Cardano (ADA) Price Analysis: Rallies Over 20%, More Gains Possible
ADA price is up over 20% and it broke the key $0.1000 resistance area against the US Dollar.The price traded close to the $0.1400 level and it is currently consolidating gains.There is a major bullish trend line forming with support near $0.1100 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but dips remain well supported on the downside at $0.1200.Cardano price is gaining bullish momentum against the US Dollar and bitcoin. ADA price surged more than 20% and...
Read More »Bank of England: Nicht Dein Tresor, nicht Dein Gold!
Goldbarren Foto CC0 Public Domain Ein Gericht in London hat entschieden, dass das bei der Bank of England gelagerte Gold Venezuelas vorläufig nicht freigegeben werden muss. Der venezolanische Präsident Maduro hatte Goldreserven angefordert, damit das Land an Geld zur Bekämpfung der Corona-Pandemie kommt. Aktuell geht es um 17 Tonnen des gelben Metalls. Viele Länder haben zur...
Read More »Congress Is Once Again Discussing a Digital Dollar
The U.S. Senate Banking Committee is back to discussing bitcoin, stable coins, and a potential digital dollar.Is a Digital Dollar Heading Back to the Drawing Board?The idea of a digital dollar first made its way into Senators’ minds when the $2.2 trillion stimulus package was introduced in late March. Many regulators and lawmakers thought a digital dollar that could potentially be deposited straight into peoples’ bank accounts would be a better way of handling distributions over paper checks,...
Read More »Bitcoin vs. Altcoin: Kommt das grosse Comeback der Altcoins?
Holen Altcoins Bitcoin ein? Wie Sie in dieser Grafik sehen können, ging es mit der Altcoin-Dominanz seit 2018 deutlich bergab. Die roten Linien zeigen einen klaren Abwärtstrend. Im Mai dieses Jahres sind die Altcoins jedoch aus diesem Trend ausgebrochen und es zeichnet sich einer neuer Trend ab. Wie Sie anhand der blauen Linien erkennen können, bildet sich nun ein...
Read More »Binance Officially Aquires Swipe, Enters Crypto Visa Debit Card Segment
The leading cryptocurrency exchange Binance officially announced the acquisition of the Visa debit card platform Swipe.Binance has also listed Swipe’s native cryptocurrency (SXP), which registered a massive price boost of 21%.Binance Buys SwipeFollowing days of speculation, the popular exchange officially announced the acquisition earlier today for an “undisclosed amount.” Binance and Swipe plan to work together to “further mainstream adoption of cryptocurrencies by bridging the gap between...
Read More »Fond Manager behauptet „Ethereum wird die nächsten 2 Jahre Probleme haben“
Das ambitionierte Projekt von Vitalik Buterin hat weiterhin Probleme. Nun meldet sich ein Fond Manager auf Twitter, der in den nächsten 2 Jahren kein großes Plus für den ETH sieht. Stattdessen glaubt er, dass zahlreiche Altcoins Ethereum in diesem Zeitraum outperformen werden.Ethereum News: Fond Manager behauptet „Ethereum wird die nächsten 2 Jahre Probleme haben“Die Scalability ist das große Problem des ETH. Diese wird sich in naher Zukunft nicht lösen lassen und dazu führen, dass die...
Read More »Ethereum Price Analysis: ETH Signaling Strong Rally Above $245
Ethereum price is now trading in a positive zone above the $234 pivot level against the US Dollar.ETH price is currently correcting lower from $244, but it is well above the $235 level.There was a break above a crucial bearish trend line with resistance near $230 on the 4-hours chart (data feed from Coinbase).The pair could correct lower, but the $234 and $232 levels are likely to protect heavy losses.Ethereum price is trading with a bullish bias above $234 against the US Dollar. ETH/USD must...
Read More »Cosmos, Polkadot and Terra Announce a Joint DeFi Protocol with High-Interest Yield
Three blockchain projects have teamed up to develop a Decentralized Finance (DeFi) savings project that allows investors to earn high-interest yields on stablecoin deposits, according to a Monday release.Anchor Savings ProtocolDubbed Anchor, the savings protocol is a joint venture between interoperable, scalable blockchain network Cosmos, decentralized web 3.0 blockchain interoperability network Polkadot, and decentralized stablecoin Terra.Per the announcement, the partners claim Anchor’s...
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