Markets

The volatile roller-coaster returned to the crypto markets again after bitcoin’s ATH, and the asset dropped by more than $5,000 a day later. While most altcoins have stalled on a 24-hour scale, Solana has gone on a tear once more by breaking above $200. Bitcoin Lost $5K The news that the US will finally have its own Bitcoin ETF, even if it’s a Futures one, for now, brought significant gains for the primary cryptocurrency. BTC traded below $58,000 last week when the first...

Bitcoin cash price started a major increase above the $600 zone against the US Dollar. The price is now trading above the $620 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $620 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating gains and it could eye more upsides above $640 and $650. Bitcoin cash price is showing positive signs above $620 against the US Dollar, similar...

Solana – the fast-rising public blockchain platform – has reached an all-time high in TVL on its Defi protocols. This comes amidst a booming cryptocurrency market in which altcoins are beginning to reclaim market share. According to Defi Llama, the TVL in DeFi on Solana reached a new record of $12.7 billion earlier on October 21st. It has since receded to about $12.34 billion at the time of writing. Total Value Locked on Solana. Source: Defi LlamaThis is a greater volume than...

Mark Cuban has established himself as the latest bitcoin and crypto fan in recent months. In an interview not too long ago, the billionaire investor claimed that bitcoin held a “huge advantage” over other forms of digital currency. Mark Cuban Believes Bitcoin Is Stronger Than Other Currencies When it comes to serving as a store of value, Cuban believes that bitcoin – the world’s number one digital currency by market cap – has “zero competition,” and that it is the “best...

Blockchain that provides an environment of security, transparency and traceability is an innovative technology that applies in various kinds of life activities. For Africa, it is an opportunity for evolving and making changes. The SimbCity – SimbCoin Swap project, a solution for real estate and finance, is making an impact on African market with the power of blockchain technology. The project could be viewed as two parts that complement each other, for the real estate...

There’s been plenty of comaparisons of Bitcoin’s price action now and in April when the cryptocurrency reached its previous all-time high. Research firm IntoTheBlock now points out a staggering difference in Bitcoin’s transactional volume between the two periods. $700 Billion Weekly Transactional Volume According to the research firm, Bitcoin’s on-chain volume reached over $700 billion transacted, which presents an increase upwards of 7x compared to April. In addition, the...

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Key Support level: $3,900 Key Resistance level: $4,380 Ethereum missed breaking the all-time high by less than $5 dollars today and is now preparing for another attempt after a sharp rejection (13% drop on Bitstamp). As we reported earlier, Bitcoin flash crashed on numerous exchanges and even dipped by 87% on Binance US for a second. This dragged the entire market down, but it seems that prices are now recovering. The bulls quickly bought the support line at $3,900 after the...

After yesterday’s new all-time high at $67,000, bitcoin corrected today with a steep decline to below $64,000. On some exchanges, though, the crash was significantly more violent as BTC dropped as low as $54,000 on Kraken and to four digits on Binance.US. October 20th was a historic day for the primary cryptocurrency as it finally skyrocketed above its previous all-time high and peaked at $67,000. It happened on the wings of the recently approved Bitcoin Futures ETF in the...

EOS price started a decent increase above the $4.65 zone against the US Dollar. The price is now trading above $4.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $4.50 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if it clears the $4.90 and $5.00 resistance levels. EOS price is showing positive signs above $4.50 against the US Dollar, similar to...