Markets

Mehrfach wurde die positive Marktbewegung in den letzten Tagen bei 12.000 US-Dollar gestoppt. Eine widerspenstige Rejection hat sich hier etabliert, die einen Durchbruch in Höhere Gefilde verhindert. Analysten werfen ihr Auge auf 14.000 US-Dollar, sobald dieser Widerstand gefallen ist. Doch fällt er wirklich?Bitcoin News: Neuer Schlüsselwiderstand für Bitcoin bei 12.000 US-DollarFür den Widerstand gibt es derzeit mehrere Gründe. Einige Analysten sehen den Gold- und Silbermarkt als Hindernis...

A few hours before the weekly open Bitcoin’s price crashed.Bitcoin Recovers, But Fails to Break Above $12,000The flagship cryptocurrency took a 13.69% nosedive, plugging from a high of $12,154.25 to a low of $10,490 within 30 minutes. The bearish impulse caused the liquidation of over $1 billion worth of BTC futures contracts across multiple crypto derivatives exchanges within the industry.As Monday, August 3rd, kicked off with Bitcoin trading at $11,080.70, many market participants feared a...

The DeFi boom continues with full force as the total value locked approaches $5 billion. Interestingly enough, a relatively young cryptocurrency has turned into the poster child of yield farming – YFI, the governance token of yearn.finance.Launched just a few weeks ago, YFI is currently the second-most expensive token on the market, valued upwards of $6,000. Its growth rate is nothing short of impressive, and community members are already wondering if it would be able to catch up and even...

Demand for stablecoins has surged this year, mainly on the back of the DeFi sector, which has seen countless crypto earning opportunities arise. MakerDAO’s stablecoin, Dai, has just reached a milestone $400 million supply following the minting of a further $10 million.This 10 million DAI mint brings the total DAI supply to over 400 million ? https://t.co/5yH4a464B8— Anthony Sassano | sassal.eth ?‍? (@sassal0x) August 10, 2020Surging Dai DemandSince the beginning of July, Dai market...

Ripple price started a downside correction from the $0.3250 resistance zone against the US dollar.The price corrected lower, but it is holding the main $0.2800 support zone.There is a key declining channel forming with resistance near $0.2990 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move once it clears the $0.3000 and $0.3020 resistance levels.Ripple price is trading in a positive zone above $0.2800 against the US Dollar. XRP...

Bitcoin is heading upwards again with another attempt to conquer the $12,000 mark. The altcoin market is also very volatile as Chainlink painted another all-time high.Bitcoin Tries $12KAfter the mostly calm weekend, Bitcoin decided to act and aimed at a familiar target. The primary cryptocurrency went from yesterday’s low at $11,550 to $11,750 in a few hourly candles before surging to $12,050.It has retraced slightly since then and is currently hovering just below the $12,000 mark. So far,...

August 6 saw Los Angeles-based Bitcoin IRA offering a seminar that showed viewers how they could uncover the price patterns of both bitcoin and gold.Bitcoin IRA Brings Gold and BTC TogetherThis is likely the stuff of intrigue for many crypto advocates throughout the world right about now considering both bitcoin and gold appear to be shifting into bullish territory at the same time. One could almost make the argument that the two are more correlated now than bitcoin and the stock...

Known in the cryptocurrency field as The Wolf of All Streets, Scott Melker is arguably one of the most influential personalities in the community in recent years.With more than 110,000 followers on Twitter, Melker gives out helpful market analysis to both novice and experienced crypto traders and is known for his friendly and easy-going attitude.CryptoPotato had the chance to do an exclusive interview with The Wolf of All Streets, where he shared some exciting details about his journey to...

Binance – the world’s largest and most prominent cryptocurrency exchange by market cap – has been experiencing a few problems over the past few days. It looks like one customer’s trading activities is responsible for sending the price of certain bitcoin futures up into the $100K range.Binance Deals with a Naughty CustomerBinance chief executive Changpeng Zhao explained in a tweet:Another day in crypto. A user’s [algorithm] went ballistic and sent multiple orders to achieve this.The good news...

After huge moves from its “friends” from the top 10 list by market cap, namely Cardano and Link, Tezos finally saw an impressive 10% price surge over the past 24 hours of trading, as the coin reached $3.6 as the current daily high.The cryptocurrency had bounced from the significant support at $3.00 earlier this week.Against Bitcoin, Tezos bounced from the support at 25,800 SAT to reach above 30,000 SAT.XTZ/USD: Bulls Reach Highs Not Seen Since February 2020Key Support Levels: $3.40, $3.20,...