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Top 30 Cryptocurrencies Gained 300% on Average in 2020: Report

In its annual report on the developments within the cryptocurrency field, the popular monitoring resource CoinGecko asserted that the top 30 coins by market cap added on average 300% in 2020. Moreover, the paper noted that the most widely-used stablecoins had neared $30 billion in circulation after a 440% surge.2020: Best Price PerformersCoinGecko’s report noted that the market caps of the top 30 cryptocurrency assets grew by $552 billion (308%) in 2020. Thus, last year’s results have...

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Binance Coin Approaches ATH as 14th BNB Burn to Happen in 48 Hours

The world’s leading cryptocurrency exchange token by means of market capitalization, Binance Coin, is approaching its ATH. This happens hours before the company goes on with its 14th scheduled BNB token burn.BNB Price Eyes ATHBinance Coin is the world’s leading cryptocurrency exchange token. Over the past 12 hours, BNB saw an impressive increase in its dollar value. It went from a low of about $40.9 to a high of $45 for total intraday gains of 10%.Interestingly enough, the coin also came...

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Tether (USDT) January 15th Deadline on iFinex Case: Everything You Need to Know

Many in the cryptocurrency field have recently discussed the upcoming January 15th date as an important consideration for the ongoing case between the office of the New York Attorney General (NYAG) and iFinex, the parent company of Bitfinex and Tether.With this in mind, below is a comprehensive summary of what happened and what to expect on this date.The NYAG v. iFinex Case: What Happened?Back in April 2019, the office of the New York Attorney General alleged that the popular cryptocurrency...

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Altcoins to Watch: AAVE, XLM, BCH

The cryptocurrency market is still northbound as Bitcoin sets new ATH every other week.The year has started with new records, the total cryptocurrency market cap exceeded $1 trillion, with only 67.7% of the cap covered by Bitcoin. As Bitcoin dominance drops, yet the market cap increases, the so-called “altcoin-season” should be expected.For that being said, let’s take a look at some altcoins that are worth following these days.AavePhoto: Aave chart on TradingView.AAVE/USDT is following an...

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Bitcoin Price Breaks $36,000 As Protesters Storm US Capitol

The last hour saw massive volatility on the cryptocurrency market, which coincided with serious tension and protest in the US Capitol. Ultimately, after a tumultuous hourly candle, Bitcoin managed to break $36,000 and chart a brand new all-time high.Bitcoin’s price saw serious volatility during the last couple of hours. It went on a roller-coaster, dumping to a low of about $34,300 on Binance.Ultimately, the price surged right back and is currently trading above $36,000 to mark a brand new...

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Privacy Coins Targeted: Bittrex to Delist Monero, ZCash, and Dash

Just a few days after announcing the delisting of Ripple (XRP) following the SEC charges, Bittrex has added three more coins to the list of removals. Interestingly, they are all so-called security tokens – Monero (XMR), Dash (DASH), and ZCash (ZEC).The Seattle, Washington-based cryptocurrency exchange said in a statement earlier today that it will remove Monero, Dash, and ZCash from its global platform. The company will halt trading for these markets: BTC/XMR, ETH/XMR, USDT/XMR, BTC/ZEC,...

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House Approves $2,000 Direct Payments in COVID-19 Stimulus Payouts, Looks to Senate to Vote

There is a possibility that the Senate Republicans may want to hold onto their conservative approach in increased spending citing longer-term consequences.The United States House of Representatives passed the votes to support the issuance of $2,000 in stimulus checks to American households or beneficiaries, with expectations from the Senate to also sign off on the higher payments. According to a report from Newsweek, the vote from the House came a day after President Donald Trump signed off...

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Binance Launches European-Style Bitcoin Options: Traders Can Issue Their Own Contracts

The world’s leading cryptocurrency exchange Binance has launched a “European-style” Vanilla Bitcoin Options contracts priced and settled in Tether (USDT) aimed at institutional and advanced investors.European-style BTC Options on BinanceThe Malta-based cryptocurrency exchange announced the latest addition to its portfolio of digital asset products in a press release shared with CryptoPotato.The announcement reads that Binance has completed a testnet trial of the new BTC options contracts in...

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Why Tether (USDT) Is Exploding on TRON

Overall, $6.6 billion worth of Tether (USDT) now exists on the TRON blockchain, and between 300-400k USDT transactions are conducted each day on TRON making it arguably the number one network for USDT.If you’re a stablecoin user, odds are you are aware that Tether (USDT), the most popular USD-backed stablecoin, is available to use on multiple different networks.  There’s the original Omni-based Tether, based on top of the Bitcoin blockchain, and there’s also a variety of tokenized Tether...

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Market Watch: Ripple (XRP) Crashes 20% and Loses The 3rd Spot to Tether

A few days after the price dip beneath $22,000, bitcoin has recovered most losses and even took another swing at $24,000 earlier today. Most altcoins have remained relatively steady, apart from XRP. The recently announced charges from the SEC have plummeted the token’s value.Bitcoin Eyes $24KBitcoin has been on a wild ride in the past several days. It began by painting a new all-time high of about $24,300, but the subsequent rejection drove the asset down by more than $2,000 in hours.BTC...

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