The cryptocurrency market has recovered from some of the losses it registered in the past few days. Bitcoin is up by 1%, while some altcoins are marking impressive double and even triple-digit gains with OMG Network leading the pack.Altcoins With Massive MovesThe altcoin market became accustomed to significant fluctuations, and the past 24 hours don’t disappoint. One alt stands above all – OMG Network. OMG has exploded in value in the past few weeks and especially since yesterday, when the...
Read More »Google Searches For Buy Crypto At Highest Point Since January 2018
Google trends data reveals that the number of “buy crypto” searches has exploded worldwide in the past few weeks to a two-year high.Simultaneously, the “buy Bitcoin” searches, which jumped prior to the 2020 halving and decreased immediately after, have increased since late July.Buy Crypto Searches To A Two-Year HighAccording to Google trends, “buy crypto” searches reached an all-time high rather expectedly during the parabolic price increase of late 2017 and early 2018. As the market was...
Read More »Bitcoin Plunges Below $12,000 As The Crypto Market Loses $10B In Hours
There’s never a boring day in the cryptocurrency field and things tend to change in the blink of an eye.Just earlier today, the total market capitalization was sitting comfortably at a 14-month high, and it took less than a few minutes for upwards of $10 billion to be wiped off its sheet. This happened as Bitcoin and other cryptocurrencies took a sudden dive.Bitcoin Dives Below $12,000In two violent red candles, the primary cryptocurrency lost about 3.6% of its value as it plunged to a low of...
Read More »Chainlink Analysis: Party Over? LINK Price Tumbles 20% After The Huge Rally
Chainlink dropped by almost 20% today as it fell into the $15.00 support.Against Bitcoin, LINK decreased from the 0.0017 BTC level to reach the support at 0.00127 BTC.LINK/USD: LINK Bullish Momentum Dies Out At $19.50Key Support Levels: $15.10, $14, $13.35.Key Resistance Levels: $17.20, $18, $19.51.Over the weekend, LINK surged higher from the $17 level to reach the resistance at $19.50 (1.618 Fib Extension). LINK managed to spike above $20 yesterday but has since dropped below $17 to reach...
Read More »Bitcoin Slows Down After Touching $12,500: Crypto Market Watch
Bitcoin bulls have successfully retained its price above the psychological $12,000 level after yesterday’s push.Elsewhere, Chainlink retraced considerably since marking consecutive ATHs, while Yearn.Finance reached a fresh all-time high just a few hours ago.Bitcoin Price Holds $12,000The primary cryptocurrency attempted to overcome the $12,000 mark a few times this year without any success. Each time, the bears stepped in and drove the price south rather rapidly.After yesterday’s price surge...
Read More »Bitcoin Crushing Altcoins as BTC Price Sets New 2020 High
Bitcoin has responded to the rising altcoins and just pumped to a new yearly high of over $12,400. By doing this, the primary cryptocurrency has increased its dominance over the market after reaching a new yearly low earlier today.Bitcoin To $12,400 and Beyond?As CryptoPotato reported earlier, Bitcoin stood still at $11,800, while many low-cap alts were surging. Thus, BTC’s dominance dropped to its lowest point in over a year at 58.4%. Just a few hours ago, however, the first-ever...
Read More »Market Watch: LINK Records $20 ATH While Bitcoin Stuck Below The $12K Resistance
After some minor fluctuations from $11,750 to nearly $12,000, Bitcoin lowered its volatility level and trading around $11,900. Is BTC getting ready to conquer $12K? We will see.At the same time, most altcoins continue to be volatile again with some massive gains from EOS, Yearn Finance (YFI), and Kava and another all-time high from Chainlink.Chainlink (LINK) At ATH AgainThe altcoin market hasn’t been boring for a long time now, and the past 24 hours reaffirmed it. No words can describe...
Read More »YAM Finance Announces Protocol Migration Plan: Will This Save The Crashing Project?
With YAM Financial’s token value almost at zero, the team behind the project has proposed a two-phase migration plan that could see an audited version.Two-Step Migration Process for YAMIn a Medium blog post on Friday (August 14, 2020), the YAM Finance team announced plans for a planned migration to a new protocol called YAM 2.0. According to the team, the migration will be implemented if there is enough support from the community.The migration planned follows from a failure of the YAM...
Read More »Bitcoin Challenges $12K As Binance Coin (BNB) Skyrockets 9% (Market Watch)
Bitcoin took yet another swing at $12,000 but to no avail so far, while Ethereum continues climbing to $440.Macrodata reaffirms the ongoing bull trend as almost all top 100 digital assets have been in the green in the past three months.Bitcoin Not Yet Conquering $12kAbout three days ago, the primary cryptocurrency was in a bit of a jam as it dipped to $11,100. It began losing its dominance over the market, but the bulls have since regained possession and drove Bitcoin upwards.Their attempt...
Read More »Bitcoin’s Raging Week As Ethereum Breaks $400: The Weekly Market Report
This week was easily one of the most eventful ones in the cryptocurrency field in terms of overall developments, especially in the DeFi sector.Starting with Bitcoin, however, not much changed since last week. BTC price started trading at around $11,800 seven days ago, and it’s currently at roughly the same level. However, this doesn’t mean that there was no volatility.On Monday, BTC briefly broke for the second time above $12,100, causing serious enthusiasm in the community. Over the next few...
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