After increased volatility that took Bitcoin to $16,000 and $15,200, the cryptocurrency has calmed and trades around $15,500. The altcoins have surged in the past 24 hours as Ethereum is above $450, while Ripple is north of $0.26. Most impressively, Yearn Finance’s YFI token increased by around 100%. Bitcoin Calms After Record Days The primary cryptocurrency has been marching confidently in the past several days. This led to consecutive yearly records and its highest price...
Read More »Market Watch: The Altcoins That Suffered Hardest Despite Bitcoin’s Latest Rally
The cryptocurrency community is buzzing with reports and tweets about the prices. Bitcoin is frequently marking fresh yearly highs. Even the 2019 record of nearly $14,000 was taken down and seems far behind. Just yesterday, the primary cryptocurrency gained about $1,500 of value in 24 hours. As something similar occurred precisely three years ago, before the all-time high of $20,000, it got the community speculating and anticipating a new record. Although most alternative...
Read More »Binance Recovers $345,000 (99.9%) of Stolen Funds in a DeFi Exit Scam
The leading cryptocurrency exchange Binance has helped recover almost all $345,000 funds stolen due to an exit scam conducted by an automated market maker (AMM) dubbed Wine Swap. Binance Security Team Recovers 99.9% of Stolen Funds In a press release shared with CryptoPotato, the popular exchange shared that Wine Swap launched on Binance Smart Chain as an AMM platform on October 13th, 2020. However, just an hour after the product release, the team behind it “pulled the rug,”...
Read More »Altcoin Nightmare: Market Cap Down $10 Billion as Bitcoin Dominance Surges
Bitcoin continues to struggle ever since it peaked above $14,100 during the weekend. The situation with alternative coins is even worse, and the total market capitalization has dipped to about $390 billion. Bitcoin’s Struggles Since Its 1,000-Day Peak CryptoPotato reported over the weekend that the primary cryptocurrency spiked to a new 2020 high of about $14,100. The difference between this record and the previous ones registered in October was that it surpassed the 2019’s...
Read More »Monday’s Market Watch: Bitcoin Drops $300 In Minutes, Elections Volatility Incoming?
Bitcoin has failed to sustain its level above $14,000 after breaking it a few days ago. In fact, the cryptocurrency saw a sharp decline in just a few minutes as it lost about $300. Bitcoin’s dominance has also decreased over the past 24 hours by almost 0.5% which means that altcoins are trying to claim new grounds. Bitcoin Stalls Beneath $14K The primary cryptocurrency made the headlines on Saturday as it finally broke the 2019 high. In fact, Bitcoin jumped above $14,000 for...
Read More »Crypto Market Cap Gains $15 Billion as Bitcoin Price Touches $14,100 (Market Watch)
Bitcoin’s roller-coaster continued in the past 24 hours with significant fluctuations resulting in a few $500 moves and it finally breaking the previous 2019 high. The altcoins have taken a breather with some green charted, and the market capitalization has increased by around $15 billion. Bitcoin Goes On A Wild 24H Ride It’s safe to say that Bitcoin’s dull days are behind the cryptocurrency. As CryptoPotato reported yesterday, ECB’s announcement drove the asset to nearly...
Read More »Crypto Price Analysis & Overview October 30th: Bitcoin, Ethereum, Ripple, Chainlink, and Binance Coin
Bitcoin The Bitcoin price surge continued this week and it managed to increase by 4.5% to reach $13,60 at the time of this writing. The coin was trading slightly above $13,000 last Friday and moved sideways along this level over the weekend. On Tuesday, Bitcoin started to surge higher as broke resistance at $13,415, climbed above $13,500, and reached the resistance at $13,815 (1.272 Fib Extension). The bulls could not close a daily candle above this resistance, which led to...
Read More »Crypto Markets Shed $10 Billion in Hours as Bitcoin Loses $400 (Market Watch)
After a sharp price jump towards $13,650 intraday, Bitcoin has retraced and trades around $13,200. The alternative coins continue to bleed out, and the total market capitalization has dropped below $390 billion. Bitcoin To $13,650 And Back On ECB Stimulus News Following the latest 2020 high, Bitcoin got rejected and lost nearly $1,000 of value in hours a few days ago. Since then, the asset has been struggling with the $13,000 level. After another dip below it, BTC went on a...
Read More »Binance Might Delist Many Low-Volume Coins Soon, CZ Hints
Binance is the world’s largest cryptocurrency exchange by means of daily trading volumes. In the few short years since its launch, the venue went on to become a leading company in the industry. In fact, launching coins up for trade on the exchange has created the so-called “Binance Effect.” In short, when a cryptocurrency is selected and launched for trading on the platform, its price usually undergoes a substantial surge. Now, the CEO of Binance, Changpeng Zhao, has hinted...
Read More »Market Watch: After a Bloody Wednesday, Bitcoin Struggles At $13,000 As ETH Below $400
Bitcoin went on a roller-coaster ride in the past 24 hours from a new yearly high of nearly $14,000 to dipping below $13,000. Most altcoins mimicked their leader, and the total market cap has dropped by $15 billion. Bitcoin’s Wild 24H Ride As CryptoPotato reported yesterday morning, everything seemed to be going in BTC’s way. The cryptocurrency was surging and peaked at another 2020 high. In fact, with a price of $13,865, it came inches away from breaking last year’s record...
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