The cryptocurrency market is on fire, there’s no doubt of it. Especially today, after ETH went on a rampage and charted two consecutive green hourly candles, gaining upwards of 10%, bringing its total gains for the past twelve hours alone to almost 20%.ETH Conquers $900 with Massive CandlesIt appears that ETH bulls are refusing to sit tight while Bitcoin charts new highs on a daily basis. Today, they made a statement with two massive hourly candles, bringing the price up to a high of $926 (on...
Read More »More Than $100 Million Stolen From DeFi Projects in 2020
2020 has been an interesting year, to say the least. The cryptocurrency field, in general, witnessed tremendous growth.The total market cap surged from $340 billion in January to a new record of over $800 billion at the time of this writing, more than doubling its value.The growth in decentralized finance (DeFi), however, is even more substantial. Data shows that there’s currently more than $15 billion total value locked in DeFi protocols – an increase upwards of 2500% since March.With the...
Read More »Happy 12th Birthday: BTC Heading to $35,000 As ETH Crosses $800
Bitcoin celebrates its 12th birthday by breaking down another milestone at $34,000 and yet another all-time high of $34,800. As some alternative coins have followed BTC’s move upwards, including ETH surpassing the $800 level, the total market cap has also reached a new record.Bitcoin’s Latest ATH Eyes $35KIf the ending of 2020 seemed impressive with several consecutive all-time highs, bitcoin’s new year so far is kicking it out of the park. The primary cryptocurrency has broken down barriers...
Read More »Privacy Coins Targeted: Bittrex to Delist Monero, ZCash, and Dash
Just a few days after announcing the delisting of Ripple (XRP) following the SEC charges, Bittrex has added three more coins to the list of removals. Interestingly, they are all so-called security tokens – Monero (XMR), Dash (DASH), and ZCash (ZEC).The Seattle, Washington-based cryptocurrency exchange said in a statement earlier today that it will remove Monero, Dash, and ZCash from its global platform. The company will halt trading for these markets: BTC/XMR, ETH/XMR, USDT/XMR, BTC/ZEC,...
Read More »Crypto Price Analysis & Overview January 1st: Bitcoin, Ethereum, Ripple, Binance Coin & Polkadot
BitcoinBitcoin set a new ATH today at $29,688 (Coinbase) after seeing a 23% price hike over the past week. The coin penetrated beyond $24,000 last Friday and continued higher over the weekend. On Wednesday, Bitcoin continued to surge beyond $28,000 and continued over the following days to set the new ATH today.With the recent bullish momentum in the market, Bitcoin could beyond the coveted $30,000 over the next week.Looking ahead, the first level of resistance lies at $30,000. This is...
Read More »2020 Year In Review: Bitcoin’s Journey From $3800 To Nearly $30K
2020 has been an interesting year. To say anything else would be an understatement. The global COVID-19 pandemic took the entire world by a storm and changed the lives of millions of people.This had a direct impact on all industries and markets. Cryptocurrencies were absolutely no exception. 2020 had its lows for the nascent industry, but it’s perhaps safe to say that the highs were much more. The clearest evidence of this is Bitcoin, as well as the massive growth in the total...
Read More »Ethereum wird noch vor Bitcoin zum großen Gewinner des Jahres
Die letzten Wochen bescherten Investoren im Cryptomarkt deutliche Gewinne – nahezu alle größeren Cryptocoins legten massiv zu. Da der BTC ein neues Allzeithoch erreichte, war er es natürlich, der die Schlagzeilen dominierte. Doch im Jahre 2020 wurde Bitcoin von Ethereum klar outperformed. Ethereum News: Ethereum wird noch vor Bitcoin zum großen Gewinner des JahresZugegeben, es war vor allem das schwache Jahr 2019, welches Ethereum in eine gute Ausgangslage für einen Einstieg der Investoren im...
Read More »Sapien Mainnet Launches on Matic Network Layer 2
The Ethereum-based social network Sapien has partnered with Matic Network, Biconomy, and Torus Labs to enhance mainstream adoption of Web3 social media. The collaboration between the projects will enable gasless transactions and the automatic creation of non-custodial Ethereum wallets on the social platform.Gasless Fees On Sapien’s Ethereum NetworkThe blockchain-based social platform describes itself as a humans-oriented project that doesn’t collect users’ personal data or track their click...
Read More »Tyler Winklevoss Eyes ETH: Buying Ethereum Now Is Like Buying Bitcoin At 50% Discount
Tyler Winklevoss, the co-founder, and CEO of the crypto exchange Gemini and one of the earliest BTC adopters believes that Ethereum’s price is a “steal” now. He noted that the second-largest cryptocurrency is still about 50% away from its all-time high.Winklevoss: Buying ETH Now Is A StealEthereum is among the best performers through this challenging year. Whether it was the DeFi craze or the long-anticipated ETH 2.0 launch, the asset has exploded by nearly 500% from $130 at the start of 2020...
Read More »Litecoin (LTC) Price Analysis: More Upsides Likely Above $130
Litecoin price started a fresh increase above $125 against the US Dollar.LTC price traded towards the $140 resistance and settled well above the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $130.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $130 resistance zone in the near term.Litecoin price remained in a positive zone above $120 against the US Dollar,...
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