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...
Read More »Huobi Futures To Launch Bitcoin Options Trading From Sepmtember 1st
Huobi Futures, the derivatives platform of the popular cryptocurrency exchange Huobi Group, will launch Bitcoin options trading starting September 1st.The company explained that more sophisticated investors are entering the digital asset market, and their BTC options release aims to meet their demand.Huobi Futures Adds BTC Options TradingAnnounced earlier today, the Singapore-based platform plans to release Bitcoin options traded against USDT on September 1st at 10:00 UTC. The new product...
Read More »Stellar Lumen (XLM) Price Could Rally Significantly if it Clears $0.10
Stellar lumen price found support near the $0.0902 level after a steady decline against the US Dollar.XLM price is slowly rising above $0.0950, but it facing hurdles near the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0970 on the 4-hours chart (data feed via Kraken).The pair could move into a bullish zone if it clears the $0.0988 and $0.1000 resistance levels.Stellar lumen price is showing a few positive signs against the US...
Read More »#959 Bitcoin Bull Run, Crypto Domain bringt 230 ETH & 9 Milliarden gelockt in Defi
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 959. Im heutigen Video geht’s um folgende Themen: Möglickheit das Bitcoin sich kaum bewegt im nöchsten Bull Run, Crypto Domain bringt 230 ETH & 9 Milliarden gelockt in DeFi. 1.) Synthetix Founder: There’s a Chance Bitcoin “Barely Moves” in this Bull Markethttps://www.newsbtc.com/2020/08/30/synthetix-founder-chance-bitcoin-barely-moves-bull-market/ 2.) Domainhandel: sex.crypto für 230 Ether...
Read More »Ripple Price Analysis: Bullish Break Above $0.30 Seems Likely
Ripple price started a decent recovery wave from the $0.2545 swing low against the US dollar.The price is currently trading above the $0.2700 and $0.2750 resistance levels.There was a break above a key bearish trend line with resistance near $0.2705 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to accelerate higher if it clears the $0.2920 and $0.3000 resistance levels.Ripple price is slowly moving higher above $0.2800 against the US Dollar. XRP price...
Read More »Another Major Fall? Predicting Where Bitcoin Will Go Next
It’s been a relatively odd week for bitcoin, the world’s number one digital currency by market cap. At the time of writing, the asset is currently trading for just over $11,500, which is a few hundred more than where it stood just 48 or 72 hours ago.Will Bitcoin Go Up or Down?The currency has been in an up-and-down pattern over the last few days. While this isn’t necessarily a bad thing, it also shows that bitcoin’s resilience is not exactly where we thought it was prior. Before, the currency...
Read More »What if Banks Completely Took Over the Crypto Space?
One source appears to be suggesting that cryptocurrencies, by themselves, don’t have a chance of survival, and that if they’re going to last any longer, they will need banks to do it.Banks and Crypto: A Single Entity?Already, we’ve witnessed some huge jumps forward in the “cold war” between banks and cryptocurrency. Much like the United States and Russia did between the 1940s and the 1980s, both entities are trying to outdo the other, and show the world why they are essential and why they are...
Read More »Analysis: Bitcoin HODLers On The Rise While Miners Refuse to Sell
Recent data indicated that the HODLing mentality towards Bitcoin prevails as the number of coins that haven’t moved in two or more years has reached a three-year high.At the same time, miners are following suit as their BTC holdings have reached a two-year high.HODLing Mentality Among BTC Investors PrevailThe analytics firm Glassnode follows the behavior of Bitcoin investors by examining the BTC movements (or lack of) from their addresses. According to recent research, HODLers have increased...
Read More »Could China Perform an Attack on Bitcoin?
The fact that China has become such a big “bitcoin nation” over the past several years is worrying to some. They are concerned that the country could potentially take over the space, which would ultimately mean the end of bitcoin and crypto as we know it.Is China Getting Too Powerful in the BTC Space?As it stands, China controls much of the global mining power. That means that most mining operations in the world either make their home in China or are powered by Chinese businesses or firms....
Read More »OKEx CEO Jay Hao: Many People Will Lose Money In DeFi (Exclusive Interview)
OKEx has become one of the largest cryptocurrency exchanges in the past several years. The company’s growth is continuously emphasized by the trading volume and the growing user base.CryptoPotato recently had the opportunity to do an exclusive interview with the CEO of the company – Jay Hao.Hao spoke of the challenges OKEx has to overcome, the current cryptocurrency landscape, Bitcoin’s growing adoption, the DeFi craze, and more.Back to the Roots: Before OKExOne of the first things that Hao...
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