Crypto news

There is a lot of worry and concern surrounding bitcoin’s price as of late. While the asset has done well these past two months and maintained its position above the $9,000 mark, some analysts and industry leaders – such as Changpeng Zhao, the chief executive of Binance, the world’s largest and most popular cryptocurrency exchange by daily volume trading – are warning that BTC’s price is in a shaky position, and in danger of enduring another crash like the one it experienced in March of this...

The latest data from on-chain analytics firm, Glassnode shows that the dollar value of transactions on the Bitcoin blockchain has been steadily increasing. Also, crypto research firm Messari has dispelled misconceptions regarding the failure of public blockchains like Bitcoin and Ethereum as payment channels.Median BTC Transfer Volume up 100 Percent Since 2020 BeginningAs per a tweet on Glassnode’s official handle, the median Bitcoin transfer is standing at around $195. This marks a 100...

The European Union (EU) is taking a page out of America’s book. The collection of nations has agreed to a stimulus program that will potentially pump nearly $1 trillion back into the economy. The announcement was met with another bitcoin price rally. The currency is up roughly $200 more at the time of writing.Another Stimulus, Another Rise for BTCBitcoin has experienced some solid surges since the introduction of the coronavirus. While at first, things looked glum and negative (the currency...

AVA Labs, the team behind Avalanche, an open-source platform for launching decentralized applications in a highly-scalable ecosystem, recently raised $42M in a 4.5 hour-long token sale last Wednesday. The sale marks one of the largest ICO’s out of the U.S. since 2017.Avalanche’s Recent Key HiresAVA Labs, founded by Cornell Ph.D.’s and led by Professor Emin Gun Sirer, initially completed a $6M Series A in 2019 backed by Andreessen Horowitz, Initialized Capital, Metastable, Polychain, and angel...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 930. Heute sprechen wir über folgende Themen: Bitcoin Kurs Durchbruch heute? BTC nähert sich dem Ende dieser mehrmonatigen Chartformation. 1.) Bitcoin Kurs Durchbruch heute? BTC nähert sich dem Ende dieser mehrmonatigen Chartformationhttps://cryptomonday.de/bitcoin-kurs-durchbruch-heute-btc-naehert-sich-dem-ende-dieser-mehrmonatigen-chartformation/ Telegram Kanal: https://t.me/bitcoininformantLBRY.tv:...

Ethereum saw a small increase today as it attempts to break the resistance at $245.Against Bitcoin, Ethereum retested the 0.0263 BTC level.ETH/USD: Bulls Looking To Break Above Ascending Triangle.Key Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Ethereum was trading at the lower boundary of an ascending triangle pattern earlier in the weekend. From there, it rebounded and pushed higher to reach the current resistance at $245 (bearish .786 Fib Retracement).ETH has...

The continuous growth of the most widely utilized stablecoin Tether (USDT) has pushed its total market capitalization above the coveted $10 billion mark. On a monthly scale, the rise is even more impressive as it has doubled since March 2020.Tether Takes Over $10B Market CapTether, or as it was initially named – Realcoin, saw the light of day in 2014 as an innovative coin holding a stable value in an ever-fluctuating cryptocurrency market. The so-called stablecoin is pegged (almost) 1-to-1...

Staying at home and practicing social distancing allows many crypto-curious to sit back and learn more about cryptocurrency. According to Glassnode, the number of addresses holding at least 0.01 BTC rose to a new high of 8,439,298, despite the fact the Bitcoin continues to trade at the narrow range of $9,000-$9,300.When you enter the crypto world, you would probably hear stories of overnight success and being introduced to either spot trading or margin trading, two of the most popular tools...

Owing to its decade long correlation with the S&P 500 stock market index, Bitcoin stock-to-flow (S2F) model propounder Plan B thinks that BTC should have surpassed it’s previous ATH and hit the $25,000 price mark.‘S&P Implied BTC Price: $25K .. Interesting Times Ahead!’Plan B takes an interesting place amongst numerous other ‘Bitcoin analysts’ on crypto Twitter. A firm believer in the stock-to-flow model that he created for BTC, he posts daily price and market updates on his profile...

After weeks of sitting in a tight range, Bitcoin finally made a move yesterday and conquered the $9,300 resistance. The majority of large-cap altcoins also followed the upward tick, and, as usual, there are some notable fluctuations among low-cap alts.Bitcoin Is AliveThe last time the primary cryptocurrency stood above $9,300 for more than just a candlewick was on July 9th. Since then, Bitcoin was stuck in its quite familiar range between that level and $9,000.Yesterday, however, BTC showed...