Cryptocurrency markets have remained in consolidation over the weekend with little movement from the high cap coins. Total market capitalization has increased slightly to $274 billion, but in general, things have remained in consolidation.Bitcoin prices dipped to a weekend low of $9,150 (Bitstamp), but things had recovered slightly during Monday’s first hours of trading. At the time of writing, prices were nudging $9,240, but the overall outlook for BTC was still range-bound.Bitcoin Price...
Read More »DeFi On Top: Ampleforth (AMPL) 30% and Aave (LEND) Lead Today’s Altcoin Boom as Bitcoin Stagnates
The lack of substantial price movements from Bitcoin during the past 24 hours, while simultaneously altcoins and, DeFi tokens, in particular, rise, means that BTC’s dominance over the market continues to decline to its yearly low.Altcoins And DeFi On The RiseThe altcoin market indicates several impressive gainers throughout the past 24 hours. Above all now stands Ampleforth (AMPL), with a significant increase of over 30% to $4.This surge comes merely weeks after the company announced the...
Read More »Study: Almost 90% Of Cryptocurrency Investors Worry About Their Funds If They Die
Nearly 90% of cryptocurrency investors worry about what will happen to their funds in case they pass away, a new study revealed. However, less than 25% of participants noted that they organized a comprehensive plan regarding their digital asset will.Cryptocurrency Funds After DeathThe digital asset field differs from traditional finance in various forms. Apart from the decentralized nature which attracts numerous proponents and investors, leaving a detailed will is not as simple.Due to...
Read More »Bitcoin Charges to $9,300 as Altcoins Continue to Boom: Saturday Price Watch
Bitcoin remains in its quite familiar range between $9,000 and $9,300 after a 2% increase from yesterday’s low.The most prominent US-based indexes registered similar increases yesterday, confirming the high correlation levels between the two asset groups.Bitcoin And Altcoins RecoverAs reported yesterday, the price for the primary cryptocurrency decreased to $9,050 on some exchanges like Bitstamp. On its way down, Bitcoin broke below the $9,300 level. The significant support at $9,000 confined...
Read More »Justin Sun’s BitTorrent Introduces Binance USD (BUSD) As A Payment Option
BitTorrent Inc users can now purchase goods and memberships on the platform with the USD-backed stablecoin of the leading cryptocurrency exchange Binance – BUSD.BUSD And BNB Changes On BitTorrentIn a press release shared with CryptoPotato earlier today, the popular decentralized peer-to-peer company announced the introduction of the newest cryptocurrency asset on its platform – Binance’s USD-backed stablecoin (BUSD).This becomes possible with the assistance of the integrated payment gateway...
Read More »Binance Officially Aquires Swipe, Enters Crypto Visa Debit Card Segment
The leading cryptocurrency exchange Binance officially announced the acquisition of the Visa debit card platform Swipe.Binance has also listed Swipe’s native cryptocurrency (SXP), which registered a massive price boost of 21%.Binance Buys SwipeFollowing days of speculation, the popular exchange officially announced the acquisition earlier today for an “undisclosed amount.” Binance and Swipe plan to work together to “further mainstream adoption of cryptocurrencies by bridging the gap between...
Read More »Bitcoin Fails to Break $9,400 Despite NASDAQ’s New ATH: Tuesday’s Price Watch
The past 24 hours were somewhat positive for most financial markets, including the cryptocurrency field. While Bitcoin was on the rise and gained $300 intraday, the S&P 500 index and the Dow Jones are up by nearly 2%. Nasdaq marked a new all-time high after an increase of 2.2%Crypto Market Goes UpAlthough Bitcoin was fighting to remain above the coveted $9,000 mark hours ago, the bulls managed to gain control and pushed it upwards. The primary cryptocurrency registered price increases as...
Read More »Binance Ordered To Stop Offering Derivatives Trading Products In Brazil
Brazil’s CVM Says no to Binance Futures Trading: In a statement released on Monday, the Comissão de Valores Mobiliários (CVM) — Brazil’s securities regulator — announced the ban on Binance crypto derivatives trading in the country. According to the CVM, Binance is not authorized to offer securities trading in Brazil.For the CVM, crypto derivatives constitute a securities offering regardless of whether the underlying asset like Bitcoin (BTC) is not a security. Following the statement, Binance...
Read More »Binance Coin Price Analysis: BNB Follows Bitcoin’s Downturn Despite 7-Days Recovery, Charts 3% Daily Loss
Binance Coin lost 3% over the past hours following a quick drop in Bitcoin’s price.The price continues to face rejection at a crucial resistance line after seven days of recovery.After the breakout, BNB consolidated and dropped back inside a demand zone of 0.0165 BTCBNB/USD: BNB Rejects At Resistance LineKey Resistance Levels: $16, $16.7, $18Key Support Levels: $15, $14.7, $13.6BNB/USD. Source: TradingViewBinance Coin decreased by 2.80% overnight following yesterday’s drop in Bitcoin’s price,...
Read More »Bitcoin Dips Below $9,000 as Altcoins Bleed Out: Friday’s Price Watch
After failing to reclaim the $9,300 mark yesterday, Bitcoin’s price went on a negative spiral down to $8,950 on some exchanges.As it typically happens, most alternative coins followed the adverse move and have charted losses in the past 24 hours.Bitcoin Dips Below $9kAs reported yesterday, the primary cryptocurrency made an indecisive attempt to reconquer the $9,300 level. Although it failed, the asset managed to hover around $9,200.In just a few hourly candles, however, BTC went on a sharp...
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