Bitcoin has followed Wednesday’s increases on Wall Street and has risen to about $10,400. Most altcoins are also in green, as the total market cap sees a $22 billion addition over the past day.Ethereum, Polkadot, and Chainlink surge by approximately 10%, while DeFi tokens lead the way with the most gains, as YFI touches the 3 BTC mark once again.ETH Above $370The altcoin market sustained some severe losses in the past week. Nevertheless, they are displaying signs of recovery today, with green...
Read More »Is The Correction Over? Bitcoin Struggles To Maintain The $10,000
Bitcoin has reduced its high volatility as of late and remains above $10,000. The rest of the market shows recovery signs, including Chainlink, which is back in the top 5, and SushiSwap’s triple-digit price surge has returned SUSHI in the top 100.Bitcoin Stays Above $10KAfter a few consecutive days of massive price fluctuations, in which BTC lost $2,000 of its value, the past 24 hours were relatively calm. Bitcoin bounced off $10,000 again but since then pumped to the intraday high of...
Read More »Bitcoin Price Indecisive Above $10,000 As DeFi Coins Bounce on SUSHI News
Bitcoin continues above $10,000, while Ethereum’s free fall has only intensified in the past 24 hours.The DeFi space is also facing major hurdles, but over the past few hours, a lot of DeFi coins have bounced following new developments with SUSHI.Bitcoin Fights To Stay Above $10KAs CryptoPotato reported yesterday, Bitcoin bottomed at about $9,825 (on Binance). The asset managed to recover some ground in the next few hours to approximately $10,200.Bitcoin bounced off the critical support at...
Read More »Bitcoin Price Defends $10,000 as Market Cap Regains $10 Billion
After a few days of declines, Bitcoin has regained some value and is hovering around $10,500. Most altcoins are also recovering, with the total market gap increasing by $10 billion from yesterday’s bottom.Bitcoin Bounces Off $10KThe bears dominated the cryptocurrency field in the past few days. Bitcoin dipped below $10,000 on two occasions just days after exceeding $12,000. Since the second drop, though, BTC has displayed signs of recovery and is currently trading around $10,500.From a...
Read More »BitMEX to Launch EOS, LINK, XTZ, and ADA ‘Quanto’ Futures Contracts Soon
The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ, EOS, ADA In an early morning blog announcement today, the Seychelles-based futures exchange said that it plans to...
Read More »Chainlink Is Now 35% Below Its ATH Reached Just 2 Weeks Ago (LINK Price Analysis)
Chainlink suffered a steep 9% price drop over the past 24 hours, completing a 35% descent from its all-time high reached on August 16 at around $20.Against Bitcoin, LINK is also on the decline as the buyers attempt to defend the 0.00119 BTC support level today.LINK/USD – Bearish Momentum Starts To IncreaseKey Support Levels: $13.35, $12.60, $11.61.Key Resistance Levels: $14, $15.10, $16.LINK broke toward the upside of a symmetrical triangle pattern at the end of August. However, it was unable...
Read More »Bitcoin Crashing $1500 In 48-Hours: $40 Billion Evaporated From The Total Market Cap
It appears that the cryptocurrency market hasn’t stopped plummeting in value. After losing over $20 billion worth of the total market cap in a day, the situation just worsened. Bitcoin further plunged to below $11,000, Ethereum dumped to $400, and the rest of the altcoins follow along.Bitcoin Plummets Below $11KIt’s safe to say that the cryptocurrency market has seen better days as the blood bath that started yesterday has just intensified: Bitcoin was trading at $11,400 after recovering some...
Read More »Blood Bath: Total Market Cap Shrunk $23 Billion As BTC Lost 5% and ETH 15%
Over $20 billion of total market cap have disappeared in the past 24 hours as most cryptocurrencies are retracing heavily.Bitcoin lost $700 following a rejection at $12,000, Ethereum drops by 8%, as of now, following a 15% daily plunge at the peak (as of writing these lines).Polkadot becomes the top 5 cryptocurrency, enjoying Chainlink’s 10% loss.Bitcoin Dives By 5%Less than 36 hours ago, Bitcoin attempted another overtaking maneuver to surpass the coveted $12,000 mark. However, the bears...
Read More »ETH Surges To New 2-Year High as BTC Nears $12,000 (Market Watch)
Bitcoin continues to improve its position slowly and is currently hovering above $11,900. However, double- and even triple-digit price pumps from lower-cap alts continue to decrease BTC’s dominance to a yearly low of beneath 57%.2-Year High For ETH, Sushi Enters Top 100Ethereum doubles-down on its recent price pump with another 10% increase. ETH now trades at $465, which is a 23% surge since bottoming at $380 last week. This is the highest level Ether has marked since the summer of 2018 and...
Read More »Decentralized Oracles on Top of Bitcoin’s Network: RIF Gateways and Chainlink Integration
IOV Labs has announced the integration of RIF Gateways & Chainlink’s decentralized blockchain oracles into its ecosystem, thus enabling developers to access critical price feeds and data resources generated outside the blockchain network.Decentralized Oracles on Top of Bitcoin’s NetworkThe firm’s smart contract platform, the RSK Network, is designed to leverage Bitcoin’s hash power while extending its capabilities. Simultaneously, the decentralized infrastructure protocols of RIF’s...
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