Markets

Since December 23 this year, Cardano was moving upwards with a high pace breaking out from resistances up ahead and here it is at this year’s high at $0.197110.There were significant updates in the network, mainly for its transition to DeFi with the Shelley update. ADA against the US Dollar was gaining since March 13 as all markets were down due to the Covid-19 virus spread. As the US Dollar was weakening, ADA shifted to an uptrend.The pair is following the path traced by the ascending...

Bitcoin (BTC) continues with its aggressive rally as the world’s largest cryptocurrency eyes for $30,000 before bidding the final adieu to 2020. It has been a phenomenal year for BTC investors as the world’s largest has emerged a potential outperformed to Gold.Bitcoin (BTC) has emerged as an unstoppable force in 2020 as the world’s largest cryptocurrency moved past $29,000 levels thereby hitting a new all-time high earlier today. Over the last week, Bitcoin has spiked up significantly...

Despite retracing with over $1,000 after the latest all-time high, BTC has surged back up and reclaimed the $29,000 level. Some altcoins have expanded in value – Polkadot’s DOT has marked a new all-time high.Bitcoin’s Latest ATH Above $29KAfter a few days of relative stagnation around the $28,000 level, the primary cryptocurrency returned to its Q4 2020 bull run.CryptoPotato reported yesterday that BTC charted two consecutive all-time highs in a day. The asset firstly reached $28,570 before...

While Ripple is dealing with allegations from the U.S. Securities and Exchange Commission (SEC) concerning its XRP token, major U.S. cryptocurrency exchange Coinbase seems to be getting its own share of legal saga, as the company faces a class-action lawsuit for receiving commissions gotten from the sale of XRP tokens.Coinbase Slammed With Class Action LawsuitAccording to a court document, Thomas C. Sandoval, the plaintiff, has filed a class-action lawsuit against the San-Francisco based...

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,...

The global crypto market has risen another $30 billion today, which has helped lift Bitcoin out of yesterday’s bearish descending triangle and onwards towards a new all-time high at $28,800.Despite the increase in investment entering the market over the last 24 hours, the overall trading volume has actually declined by $10 billion.This, coupled with the fact that there is a substantial RSI divergence on the Bitcoin price chart right now, suggests that the current bullish trend is weakening...

The cryptocurrency market shows no signs of slowing down today. The total capitalization has added almost $4 billion in the past 24 hours, surging to levels not seen since January 2018. At the time of this writing, the total market cap sits just shy of $760 billion, according to CoinMarketCap.Bitcoin price continues to paint fresh all-time highs on a daily basis. Earlier today, CryptoPotato reported that the cryptocurrency has managed to break out once again and chart a new high at $28,600....

The US branch of the leading cryptocurrency exchange Binance has joined the long list of trading venues that will remove the XRP token from its platform. At the same time, the asset has continued with its price drops as it struggles with the $0.20 level.CryptoPotato reported a few weeks back that the US Securities and Exchange Commission has brought charges against Ripple alleging the company of conducting a $1.3 billion unregistered security offering.Although the payment processor claimed...

[Sponsored]Despite the rapid growth of the DeFi sector, inflation resulting from infinite mining of new tokens and market pumps and dumps is still a significant bottleneck in its widespread adoption.These are exactly the challenges that DefHold aims to tackle with its non-inflationary DeFi ecosystem.Through DefHold, crypto investors are able to generate yields on the underlying assets by holding crypto coins during market pumps and dumps. The platform achieves this by leveraging autonomous...

Bitcoin is surging like it never has before. During the Christmas holiday, the world’s number one cryptocurrency by market cap jumped to $27,000 per unit, and it’s still hovering at this number now. The asset is doing better than ever, and yet for Nigel Green, the time to sell may have arrived.Nigel Green Is Selling His StashAs the chief executive of financial group deVere, Green admits in a recent interview that he has sold half of all his bitcoins. He states:I have sold half my bitcoin...