In a suddenly galvanizing rally, Bitcoin’s price shot to the $11,700 mark last night. Open interest has soared and is now at a 1-month high. Bitcoin traders are opening long positions and this trend was pointed by Willy Woo as well.At $4.3 Billion, Bitcoin Futures Open Interest Tops 1 Month HighAlso, a noticeable trend is a rise in aggregated open interest (OI) on different bitcoin futures trading platforms. Yesterday the figure touched a one-month high of $4.3 billion as per Skew.Bitcoin...
Read More »Ripple Bulls Stall Above $0.25, Up Against an Important Resistance (XRP Price Analysis)
XRP/USD – Bulls Attempting To Breakout From Consolidation PatternKey Support Levels: $0.25, $0.244, $0.24.Key Resistance Levels: $0.261, $0.271, $0.28.At the start of October, XRP bounced from the lower boundary of a short term symmetrical triangle pattern at around $0.23. From there, the buyers pushed higher but initially struggled with the resistance at $0.251 (bearish .382 Fib).This aforementioned resistance fell over the past week as the bulls continued to break above the triangle today....
Read More »Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service
[Press Release] TEL AVIV, Israel, (October 13, 2020): MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the...
Read More »DeFi Token Based on TRON’s TRC20 Protocol: Loop Mining System Smartway
[PRESS RELEASE – Please Read Disclaimer]The last few months have been entirely about Decentralized Finance (DeFi). It’s no secret that Uniswap’s decentralized swap protocol and automated market maker surged in popularity. To some extent, one of the tokens that helped the most was Yearn Finance’s YFI.What was initially intended as a valueless governance token quickly surged to an all-time high of around $44,000, grabbing the entire community’s attention and strengthening the DeFi narrative....
Read More »Cruise Ship Named Satoshi Aims to Become a Hub for Crypto Companies
A former cruise ship, built by P&O Cruises Australia, is to receive its new statute. Built-in 1991, the Pacific Dawn will reportedly maintain in seas with a brand new name – Satoshi. Plans are it will be an exquisite hub for digital nomads, entrepreneurs, and crypto companies.“The Crypto Cruise Ship”As per a recent report, the traveling vessel will remain floating with a new useful and exciting purpose. The company Ocean Builders, focusing on constructing floating, off-grid seapod homes,...
Read More »Russian Billionaire, Owner of The Independent, Praises Cryptocurrencies And DeFi
Russian billionaire and owner of two giant UK newspapers Alexander Lebedev is looking into launching his own DeFi project. Dubbed The Independent Decentralized Financial Ecosystem (or bank 2.0), it aims to serve as a better performing bank, which benefits all participants.Lebedev Explains The Current Banking ProblemsLebedev, the owner of the UK-based London Evening Standard and The Independent, recently used the latter to publish a post regarding the issues within traditional finance and the...
Read More »Cardano (ADA) Price Analysis: Signs of More Upsides Above $0.12
ADA price is gaining pace above the $0.1000 and $0.1100 resistance levels against the US Dollar.The price is trading nicely above the 55 simple moving average (4-hours) and $0.1100.There was a break above a short-term declining channel with resistance near $0.1080 on the 4-hours chart (data feed via Kraken).The price is likely to further rally and accelerate higher if it clears the key $0.1150 resistance.Cardano price is showing positive signs above the $0.1100 level against the US Dollar,...
Read More »#990 Tesla Bitcoin-ATM, Ethereum 2.0 Test erfolgreich & sinkendes Interesse an DeFi
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 990. Im heutigen Video geht’s um folgende Themen: Tesla-Gigafactory in Nevada installiert Bitcoin-ATM, Ethereum 2.0 Test erfolgreich & Sinkendes Interesse an DeFi-Projekten. 1.) Tesla-Gigafactory in Nevada installiert Bitcoin-ATMhttps://www.btc-echo.de/schlagzeilen/tesla-gigafactory-in-nevada-installiert-bitcoin-atm/ 2.) Second Ethereum 2.0 launch rehearsal puts it on track for 2020...
Read More »Ethereum Price Analysis: ETH Signaling Bullish Bias Above $375
Ethereum price extended its rally above the $375 resistance zone against the US Dollar.ETH price is currently trading well above $370 and the 55 simple moving average (4-hours).There was a break above a key bullish flag pattern with resistance near $375 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating gains, but dips are likely to find support near $365.Ethereum price is showing positive signs above $365 and $375 against the US Dollar. It seems like ETH/USD...
Read More »Bitcoin to $1 Million By 2025, Says Raoul Pal
Crypto traders are excited, especially after Bitcoin’s price boost following Square’s millionaire investment in the world’s first cryptocurrency.Bitcoin managed to survive a bearish September above 10K, maintaining its long-term bullish trend. Since the market crash in March, Bitcoin hasn’t lost its momentum, and after an initial recovery – driven in part by the need to build up a reserve of value and in part by the DeFi craze – the token is slowly but surely rising to new highs.The pair...
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