XRP saw a 1.5% price drop over the past week as the bulls failed to defend the $0.2 level, and failed to close above over the past three consecutive daily candlesAgainst Bitcoin, XRP continues its recovery attempt from the 2-year lows as it edges toward the 2200 SAT levelKey Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.207, $0.215, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2022 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: XRP Losing The $0.2...
Read More »Top 3: Tether (USDT) Is Now The 3rd Largest Crypto By Market-Cap Surpassing Ripple (XRP)
Upon printing billions of fresh USDT in the past few months, the most widely adopted stablecoin has become the third-largest cryptocurrency by market cap. Tether has now surpassed Ripple (XRP) with its nearly $9 billion market capitalization.In the meantime, Ripple, which was among the top three cryptocurrencies for the past years, had seen its market cap continuously dropping. Earlier this month, Ripple recorded its lowest 2-year price against Bitcoin.Tether Surpassing Ripple By Market Cap....
Read More »Blockchain.com Set to Roll Out Interest-bearing Accounts
Blockchain.com’s new interest-bearing accounts will support only Bitcoin at the outset, offering up to 4.5% annual interest on users’ deposits. But the team said that it is working on adding other assets like ETH and USDT in the future.Crypto wallet and services provider Blockchain.com said it is rolling out interest-bearing accounts. In that way it will enable its clients to earn yields on their Bitcoin deposits.Founded in 2011, Blockchain.com is best known for its Bitcoin blockchain...
Read More »Who Wants Cheap BTC? Bitcoin Flash Crashed To $9100 In One Minute On Bitstamp
Bitcoin’s price saw a sudden vicious flash crash on one of the most popular cryptocurrency exchanges – Bitstamp. The price lost upwards of $600 in a single candle that lasted less than a minute.Bitcoin Price Flash Crashes To $9,100 On BitstampThere are no boring days with Bitcoin. Just a few minutes ago, the price of the world’s leading cryptocurrency flash crashed on the popular exchange Bitstamp.The move was sudden and brutal, as seen in the chart below.BTC/USDT. 1 minute. Bitstamp. Source:...
Read More »Ethereum Price Analysis: ETH Struggling Below $220, But Uptrend Intact
Ethereum price gained traction above the $210 and $212 levels against the US Dollar.ETH price is still struggling to gain momentum above the $217 and $220 resistance levels.There is a key bullish trend line forming with support near $204 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher above $220 as long as it is above the $204 support.Ethereum price is trading in a positive zone above $200 and $204 against the US Dollar. ETH/USD must surpass the $220...
Read More »Bitcoin Price With Another Attempt At $10,000 As Altcoins Start Waking Up
Bitcoin took another shot at $10,000 today as its price reached $9,960 on Binance. However, unlike the previous times, altcoins are looking to regain their strength as they managed to chip more than 1% of BTC’s dominance in the past few days.Bitcoin Price Takes Another Swing At $10,000Volatility doesn’t seem to fade in the crypto market as Bitcoin made another attempt to reach the coveted $10,000 mark less than a couple of hours ago.The price reached $9,960 on Binance before retracing to...
Read More »Binance Rolls Out Leveraged Tokens Barely Two Months After Delisting Similar Tokens By FTX
Leading cryptocurrency exchange Binance is rolling out new leverage products called “Binance Leverage Tokens (BLVT),” two months after delisting FTX’s Leveraged Tokens.Binance Leveraged Tokens – BTCUP and BTCDOWNLeveraged tokens are designed to give traders exposure to the crypto markets without the nitty-gritty that comes with managing a leveraged position.Launching this week, the exchange will list the first pair of the Binance Leveraged Tokens – BTCUP and BTCDOWN – on May 14, for trades in...
Read More »Tether (USDT) Displaces XRP as the World’s Third-Largest Cryptocurrency
Tether (USDT) has become the third-largest crypto in terms of its market capitalization that is said to reach $8.8 billion.Tether (USDT) has become the third-largest cryptocurrency. This occurred as the Bitcoin halving event occurred seamlessly. Sources report large inflows of the world’s largest stablecoin into exchanges.Tether (USDT) now has a market capitalization of about $8.8 billion. This places the Ethereum-based token as the second most capitalized altcoin after Ethereum (ETH).As of...
Read More »CryptoPotato & Binance Futures Launch 10,000 USDT Airdrop: 50 USDT Free Voucher For Sign-Ups (Exclusive)
Binance Futures is the leveraged trading platform of Binance, the leading cryptocurrency exchange by trading volume worldwide.Since its launch less than a year ago, Binance Futures is showing constant growth and is one of the top Bitcoin futures platforms by volume. Just like its big brother Binance, offers an easy-to-use interface, high liquidity, and above all, the widest variety of trading pairs with leverage levels of up to 125X.Exclusive For CryptoPotato: 10,000 USDT AirdropHow to...
Read More »Bitcoin vs. Tether (USDT)? What Fits Better as a Base Cryptocurrency?
Since the launch of bitcoin (BTC) in 2009, one of the biggest concerns in the cryptocurrency ecosystem has been price volatility. Despite the launch of hundreds of crypto coins after Bitcoin, these didn’t bring stability to the cryptocurrency market. That was until the launch of Tether USDT, a stablecoin, in 2014.Unlike traditional cryptocurrencies based on supply and demand on a decentralized network, stablecoins such as Tether USDT are backed by fiat currency, including the EUR, USD, GBP,...
Read More »