Tag Archives: AA News

Although history is not a precise indicator for future price developments, a popular cryptocurrency analyst made a compelling forecast showing that if Bitcoin repeats its 2016-2017 bull run with the same percentage increases, it will end up at $430,000 in 2021.Bitcoin At $430,000?The primary cryptocurrency has built a reputation for beating unfavorable odds in the past. Its volatility is well-known among investors with some historical price surges and drops. According to the popular...

Ethereum prices hit a two-year peak of $410 on Sunday. Ethereum has been sitting in a range bound channel around $230 for three months, but in late July, it finally broke out to surge 70% in less than two weeks.Sunday’s intraday high put ETH prices back at their highest since August 2018, a couple of months before a massive capitulation sent them back to double digits.ETH/USD. Source: TradingViewThe momentum has lifted the total crypto market capitalization to its highest level for over a...

Following the wild weekend ride in the cryptocurrency market, the situation appears less volatile now, at least among most large-cap assets. Bitcoin has returned to $11,200, while Ethereum hovers above $380. Some lower-cap altcoins, however, are displaying high fluctuations again.A Breath Of Stability For BitcoinThe weekend was nothing short than volatile for the primary cryptocurrency. On Saturday, Bitcoin went on a bull run and marked a new yearly high of above $11,700. Although it retraced...

The last 24 hours have been nothing but volatile when it comes to Bitcoin’s price. The cryptocurrency went on a rollercoaster, surging above $12,000, dropping to $10,490, going back up and back down. In short – it’s been a wild few hours.Most interestingly, however, a user’s algorithm “went ballistic,” according to Changpeng Zhao, seemingly sending the price for the BTC/USD Quarterly Contract on Binance to $100,000.Bitcoin’s Price Going CrazyTo an outsider, the last few hours might seem like...

The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now.Bitcoin’s New 2020 Top And DropAugust doesn’t look anything like July for the primary cryptocurrency so far. While July began with slow and dull price movements, Bitcoin has taken August for a...

The Ethereum Classic (ETC) blockchain was subject to some rearrangement on August 1, as 3,693 of its blocks were “reorged” in what was first thought to be a 51% attack. The reorganization caused a chain split, which saw one miner process all the blocks over a period of 12 hours. Upon further investigation, the reorganization of the Ethereum Classic is now deemed to be a non-malicious mistake by a miner with a bad internet connection and is in the process of being addressed. But due to the...

The veteran US-based cryptocurrency exchange Coinbase is looking into adding 19 new digital assets onto its platform. Interestingly, the majority of the coins are representatives of the ongoing DeFi trend.Coinbase Considers 19 New CoinsThe largest digital asset exchange based in the US announced yesterday that it’s currently evaluating 19 new additions to its platform. Those are Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera, Hashgraph, Kava,...

Bitcoin shows no signs of slowing down. After painting a fresh high for 2020, the cryptocurrency continued to push, reaching $11,745 on Binance.In any case, BTC is not the only cryptocurrency that’s ripping this week. Ethereum (ETH) is also making tides on its own.Bitcoin’s Highest Monthly Close Since Dec 2017There’s currently no doubt that the bulls are back, and Bitcoin’s price is feeling their presence. As CryptoPotato reported earlier today, the state of the market is currently parabolic,...

Central bank digital currency (CBDC) fever appears to be heating up across the APAC region as The Philippines announces plans to study the possibility of issuing its own sovereign virtual “coin.”Committee to Study Modalities for Possible CBDC IssuanceAccording to a report by Bloomberg on Wednesday (July 29, 2020), the Bangko Sentral ng Pilipinas (BSP) governor, Benjamin Diokno, revealed that the central bank has set up a committee for a potential CBDC project. The group will consider the...

Green is the predominant color in the cryptocurrency markets, with some massive gains across the leading cryptos. Bitcoin marked a new yearly high of above $11,700, while Ethereum exceeded above the $350 level.Bitcoin Rejoice At A New Yearly HighBitcoin’s first days in July were rather dull as it traded sideways in a tight range. It appears, however, that the primary cryptocurrency doesn’t want to repeat this dullness in August. During the past three days, BTC headed upwards from about...