Markets

The DeFi movement promises to provide a lot of benefits, including the elimination of regulators and intermediaries and making financial markets more accessible to retail investors.2020 was indeed an exceptional year for cryptocurrencies as so many of them outperformed most traditional assets, but 2021 seems more promising. From all indications, decentralized finance (DeFi) has proven to be one of the major drivers of cryptocurrency’s comeback for over two years now.In fact, its rate of...

Elon Musk – the South African entrepreneur behind majorly successful companies like electric car firm Tesla and SpaceX – is back in the news promoting his favorite cryptocurrency Dogecoin. While the man has consistently made a name for himself in the world of bitcoin and went as far as to purchase $1.5 billion worth of the world’s number one digital asset by market cap in recent months, Musk is again reverting his attention back to the joke cryptocurrency with a cute...

The crypto market has reached a new all-time high today and is now worth over 2 trillion dollars. The push from financial institutions has played a crucial role in boosting the price of several high-market cap currencies like Bitcoin, Ethereum, and others. Another Milestone for the Crypto Community While this is an excellent achievement for the crypto-space, many crypto-users believe an even greater bull run is ahead, considering the institutional push and adoption for...

XRP/USD – Buyers Push Above March Highs Key Support Levels: $0.659, $0.609, $0.556.Key Resistance Levels: $0.75, $0.773, $0.8. XRP is now up by a total of around 30% over the past week as it pushed higher from $0.55 (2019 highs) to break above $0.6 and reach the current resistance at $0.70. The cryptocurrency was trading inside a bullish wedge pattern during March but managed to close a daily candle toward the upside yesterday. Since breaking above, XRP surged higher to break...

Stellar lumen price is trading nicely above the $0.4000 pivot level against the US Dollar. XLM price is now trading well above $0.4200 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.4400 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher if there is a clear break above the $0.4700 and $0.4800 resistance levels. Stellar lumen price is showing positive signs above $0.4200...

Ripple price started a strong increase above the $0.5000 and $0.5500 resistance levels against the US dollar. The price is now well above $0.5500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.6000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to surge further above the $0.7000 and $0.7010 resistance levels. Ripple price is trading in a positive zone above the $0.6000...

Leading U.S.-based cryptocurrency exchange Coinbase is all set to go public on April 14. Traders and investors will be permitted to start purchasing stock in the trading platform beginning then. Coinbase Will Go Public in Less Than Two Weeks It is a big deal that Coinbase has filed for an initial public offering (IPO) in the sense that no company in Coinbase’s shoes has ever been in this position. As the first crypto platform of its kind to ever go public, many analysts...

Schweiz: Bitcoin kaufen war noch nie so einfach. Das sind die 3 beliebtesten Bitcoin-Börsen Ich werde immer wieder gefragt, wie und wo man als Bitcoin-Einsteiger und Anfänger am einfachsten Bitcoin kaufen kann. Meine Antwort darauf lautet: Investiere in Know How und Wissen. Denn Wissen zahlt sich immer aus; irgendwann. Wer dennoch ein paar Franken übrig hat, welche im schlimmsten Fall auch verloren gehen dürfen, der findet in diesem...

Another unsuccessful attempt to overcome $60,000 has resulted in a $3,500 price drop for bitcoin. Most altcoins have also followed along south, and the entire market cap has lost more than $60 billion in a day. Bitcoin Dipped to $56,500 after Another Rejection As previously reported by CryptoPotato, bitcoin was flirting with the coveted $60,000 price line for several consecutive days. However, every attempt to reconquer it was met with immediate rejection. The situation...

Jesse Powell – the CEO of Kraken, a popular cryptocurrency exchange based in San Francisco, CA – has suggested that bitcoin could hit a price of $1 million per unit by the year 2022. Jesse Powell: BTC Will Be $1 Million in 2022 Bitcoin has been doing extremely well as of late. The world’s number one digital currency by market cap has made a real name for itself in the finance industry over the past six months. There are many companies that are now willing to accept the...