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Tag Archives: MKRBTC

Bitcoin Slumps Below Previous ATH: ETH Reached $2550 (Market Watch)

After nearing $64,000, bitcoin’s price has plummeted by about $3,000 in a matter of minutes and tested $61,000. Most altcoins have followed along south with the apparent exception of Dogecoin. DOGE has painted a new all-time high at $0.3 after a triple-digit price surge. Bitcoin Falls by $3K The primary cryptocurrency had a mainly bullish week in which it finally overcame $60,000 and went on to register consecutive all-time highs. Following the latest one at just shy of...

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DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion

The decentralized finance sector continues to grow with an impressive all-time high of over $24 billion locked. Additionally, the Binance DeFi Composite Index, measuring the performance of numerous DeFi coins, also marked a new ATH today.Binance DeFi Index To New HighsLaunched in August 2020, the DeFi Composite Index tracks and measures the performance of “a basket” of DeFi assets in what the company described as a “standardized way.”“The composite price indices are combinations of different...

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Bitcoin Price Reclaims $36K As Crypto Market Cap Eyes $1 Trillion Again (Market Watch)

After the severe crash that drove BTC to about $30,000, the cryptocurrency has recovered some losses and reclaimed $36,000. Most alternative coins have also bounced off yesterday’s lows as the market cap looks to reconquer the $1 trillion level.Bitcoin Back Above $36KFollowing the highly positive first ten days of the new year, BTC headed for its worst 24-hour correction since the mid-March 2020 liquidity crisis.The primary cryptocurrency sat near its all-time high of $42,000 before the bears...

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Black Monday: Over $200 Billion Erased From The Market Cap As Bitcoin Crashes Below $33K

It seems that the long-anticipated cryptocurrency correction has finally materialized as over $200 billion vanished from the market cap. Bitcoin plummeted to below $33,000, while most alternative coins have it even worse with massive double-digit price drops.Bitcoin Loses $9K In A DayAfter a highly volatile and positive first ten days of the new year, in which BTC broke above $40,000 for the first time and charted an all-time high of $42,000, the cryptocurrency headed south.During the...

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Altcoins Party: Bitcoin Cash Skyrockets 50% As ETH Just Inches Away From All-Time High

Most alternative coins have resumed their recent bull run, including double-digit increases on behalf of most of the large-caps, including Bitcoin Cash, Bitcoin SV, Chainlink (LINK), Ripple, Litecoin, and Cardano. The second-largest, Ethereum, has also surged to new highs and has come about $100 away from the 2018 record of $1,450.Simultaneously, BTC has stalled slightly around the $41,000 mark, and its dominance over the market has reduced to 68.5%.Exploding Alts: Ethereum Nearing...

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Market Watch: Bitcoin Dominance Eyes 70% As Total Market Cap Inches From $1 Trillion

As bitcoin jumped to a fresh all-time high of nearly $36,000 earlier today, most alternative coins have followed suit. Consequently, the total market cap has reached another ATH and has neared $1 trillion, while BTC’s dominance eyes 70% once again.Exploding Alts Lead To ATH In The Market CapJust a few days ago, the cryptocurrency market plummeted in value with massive double-digit price drops from most alternative coins. However, the situation has changed completely 48 hours later.Ethereum...

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Top DeFi Tokens Explode as TVL Nears $14 Billion

It’s an all-around green day in crypto land. Bitcoin price has surged beyond $18,000, closing the gap with its previous all-time high of $20,000. ETH just rocketed past $500 for the first time in two years.But apart from the usual cryptocurrencies, decentralized finance (DeFi) tokens are sitting on gains as a majority of them exploded in valuations over the past couple of days.Top 100 DeFi Coins Register Explosive Weekly GainsA bull market pulls every asset out of the bearish rut. The same is...

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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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Flippening: Crypto Decentralized Exchanges Grew More Than Centralized Ones In Q3 2020

In the latest report summarizing the Q3 2020 developments in the cryptocurrency field, CoinGecko has classified the outcome as the “summer of decentralized finance (DeFi).” The popular data aggregator noted that the top-performing decentralized exchanges saw (DEX) massive growth in terms of trading volume resulting in reducing the market share of centralized exchanges (CEX). DEX Are On The Rise CoinGecko’s report emphasized on the developments within the decentralized finance...

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RSK & RIF Bitcoin Sidechain Integrates DAI to Further Connect To Ethereum’s DeFi

The DeFi space continues to expand as the total value locked in protocols has recently almost hit $11 billion. More interestingly, BTC value locked in DeFi is also on the rise as there are currently around 141,000 bitcoins locked in various lending protocols.RSK’s infrastructure framework (RIF) has recently integrated Maker’s DAI stablecoin into its ecosystem.RIF Integrates Maker’s DAI StablecoinThe RSK infrastructure framework (RIF) has integrated the DAI stablecoin on its Bitcoin-powered...

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