Crypto news

Ethereum’s next target is $500, according to BitMEX co-founder and CEO Arthur Hayes. He expressed his amazement about ETH’s surge to $400, calling for the continuation of the rally.Ethereum Breaks Above $400 For First Time Since August 2018On Sunday, Ether hit the highest level in two years, breaking above $400 for the first time since August 2018. Ethereum has benefited from the general bullishness of the cryptocurrency market, but it’s not only that.The second-largest cryptocurrency is at...

Well, bitcoin has once again led us all into a state of disappointment. Despite the coin’s recent bullish patterns and the fact that it was on a huge roll, the currency has once again taken a turn for the worse, having lost more than $600 at press time. The asset is now trading for $11,100.Bitcoin Encounters Disappointing DipTo be fair, it’s still considerably higher than where it stood for most of last month, though it’s disappointing to see such a massive and quick fall considering how well...

Thailand is a growing cryptocurrency hub. The country has just approved six new cryptocurrency exchange licenses to permit the further growth of digital trading within the nation’s borders.Thailand Is the New Home of Crypto LoversAsian regions have long been huge cryptocurrency advocates. Despite a lengthy period of debate over whether to ban bitcoin and crypto mining, China eventually gave in and permitted the practice, citing that it’s effects on the environment were not as strong or as...

The ongoing decentralized finance (DeFi) boom has pushed the popular cryptocurrency exchange Huobi to establish a DeFi-oriented platform. Dubbed Huobi DeFi Labs, it aims to enhance the company’s operations in the sector and will be led by a Wall Street veteran – Sharlyn Wu.Huobi DeFi Labs EstablishedAccording to the announcement from earlier today, the Singapore-based cryptocurrency exchange has decided to take a more active role in the expanding DeFi field. The establishment of the Huobi...

ADA witnessed a very strong 50% price surge over the past month as it reached $0.139.The coin reached a 2-year high over the weekend.Against Bitcoin, ADA rebounded from support at 1150 (.382 Fib Retracement) this weekend as the bulls start the push higher.ADA/USD: Bulls Attempt To Rebound From $0.13 Support.Key Support Levels: $0.13, $0.124, $0.12.Key Resistance Levels: $0.148, $0.15, $0.155.Cardano has been surging over the past three months as it increased by a whopping 180%. This price...

If 2017 was the year where initial coin offerings (ICOs) went parabolic, then 2020 is perhaps the year where products within the field of decentralized finance (DeFi) are all the rage.With the emergence of numerous propositions, such as flash loans, where people can borrow money without having to post collateral as long as they repay it within the same block, tech-savvy enthusiasts are using these possibilities to arbitrage for substantial profits.What Are DeFi Flash Loans?DeFi has brought...

The price of Bitcoin reached a yearly high of above $12,000 yesterday, but it retraced heavily moments after. According to recent data, the correction was overdue since the number of daily active BTC addresses fell behind the price.Bitcoin’s DAA Impact The PriceDaily active addresses (DAA) provide a general idea of how many users utilize the network of a specific coin. According to a study compiled earlier this year, the number of DAA displayed a somewhat positive correlation with the price...

XRP saw a strong 40% price explosion this week as it reached the $0.3 level.Despite Bitcoin’s recent price drop this weekend, XRP remained above $0.3.Against Bitcoin, XRP created a fresh 3-month high as it hit 2720 SAT.XRP/USD: XRP Bulls Remain Strong After Crypto Market DropKey Support Levels: $0.291, $0.28, $0.268.Key Resistance Levels: $0.313, $0.321, $0.331.XRP saw an extraordinary month since breaking above the 200-days EMA at $0.21 toward the end of July. After overcoming this level, it...

TransferWise Ltd. ist ein britischer Peer-to-Peer-Online-Geldtransfer-Service für Fremdwährungen mit Sitz in London-Shoreditch. Gegründet vor fast zehn Jahren stellt sich der Dienst Transferwise als sichere und günstige Alternative für Geldüberweisungen ins Ausland dar – immer mehr Menschen wechseln daher zu Transferwise, da das System nicht nur extrem einfach zu bedienen,...

Although history is not a precise indicator for future price developments, a popular cryptocurrency analyst made a compelling forecast showing that if Bitcoin repeats its 2016-2017 bull run with the same percentage increases, it will end up at $430,000 in 2021.Bitcoin At $430,000?The primary cryptocurrency has built a reputation for beating unfavorable odds in the past. Its volatility is well-known among investors with some historical price surges and drops. According to the popular...