Markets

Currently, DAI is the fifth-largest stablecoin by market capitalization. Tether (USDT) may have continued to be the market leader after all these years, but DAI has the perk of being open-source and decentralized – something that’s sought after in the DeF community. DAI Ascends According to Makerburn, the total supply of MakerDAO’s DAI, a decentralized stablecoin, has shot up to a whopping $10 billion on February 8th. Moreover, its supply from stablecoin collateral stands at...

Michael Saylor – the man behind MicroStrategy, a software firm that’s made a name for itself buying bitcoin – is confident proper regulation would help the crypto space become more legitimate. He thinks the right rules will be a “catalyst” for BTC, the world’s number one digital currency by market cap. Michael Saylor Is Pro Regulation In a recent interview, Saylor said: Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and...

Traders are once again hoping for a bullish run as a fresh slash of green spread across the entire crypto market. Interestingly, the 50-DMA indicator shows that the cryptocurrency might be in a good shape for further gains. Bitcoin surged to $45,500 today for the first time since January 5th as the cryptocurrency market managed to reclaim the $2 trillion mark. Although BTC failed to sustain the $45,000 levels and is currently trading slightly below the $44,000 region, the...

Zuletzt gab es negative Preisentwicklungen im Markt. Angeführt von einem Absturz des BTC-Kurses verlor der gesamte Markt im Januar, wodurch die Rallye aus dem vorangegangenen Jahr fast vollständig verpuffte. Doch am Wochenende wurde der Trend umgekehrt und erreichte heute Morgen sogar wieder die Marke von 45.000 US-Dollar für Bitcoin. Bitcoin News: Bitcoin erholt sich und steigt wieder über 45KEs ist noch nicht einmal eine Woche her, da sank der BTC-Preis auf 36K. Die Kritiker sahen sich...

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ADA price started a fresh increase above $1.10 against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.052 on the 4-hours chart (data feed via Bitfinex). The price could rise further, but it might face resistance near the $1.30 zone. Cardano price is gaining pace above $1.20 against the US Dollar, unlike bitcoin. ADA price could start another...

Ethereum price started a fresh increase from the $2,800 zone against the US Dollar. ETH price is now trading above $2,800 and the 55 simple moving average (4-hours). There is a crucial rising channel forming with support near $2,820 on the 4-hours chart (data feed from Coinbase). The pair could continue to move rise if there is a clear move above the $3,200 resistance. Ethereum price is showing positive signs above $2,800 against the US Dollar. ETH/USD might rally...

Canine-themed tokens’ rally as Shiba Inu (SHIB) led the recovery on Monday. Amidst a renewed bullish momentum in the market, SHIB rose by more than 24%. Several other altcoins also posted decent surges as well, while Bitcoin (BTC) settled for a modest 3% over the past day. Top 100 SHIB Holders According to the latest stats compiled by WhaleStats, the top 100 SHIB holders control more than a quarter of the total supply of the memecoin. Several cryptocurrency whales have...

The recent spike in bitcoin’s price left many market participants in a well-known phase called “Disbelief.” Many technical analysts were waiting for the RSI indicator and price trend to break above the long-lasting resistance line that was formed in the daily time frame. Here, this break out is investigated from both technical and onchian perspectives. Technical Analysis By: Shayan Long-Term Bitcoin had been stuck below an important resistance trendline (blue line) for a...

As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 7th Feb. For a more complete list please follow our twitter...