The cryptocurrency market is known for some strange occurrences and insane rallies, especially during a bull market. In a flashback to almost four years ago during the crypto bubble, Filecoin, an ICO funded back in 2017 just launched its mainnet and immediately saw 3x returns. Is this a sign the bull market is back for…
Details
Uniswap’s UNI token has been struggling to garner any strong momentum as of late, with buyers and sellers largely reaching an impasse as the cryptocurrency trades within the lower-$3.00 region. It has been facing some heightened pressure in recent days due to the intensity of the sell-off seen across the aggregated altcoin market. Once again,…
Details
Bitcoin market volatility has persisted as the U.S. dollar continues to swing back and forth as the market attempts to determine the odds of a fiscal stimulus package. The leading cryptocurrency recently plunged $150 in a manner of minutes as the U.S. dollar rapidly jumped higher in an odd bout of price action. The futures…
Details
Something special seems to be brewing in the crypto industry lately. Bitcoin is becoming a respected and mature financial asset, and the businesses associated with them are finally getting the respect they demand too. The next year, a major catalyst for the next crypto bull market could be a variety of crypto companies going public…
Details
Yearn.finance’s governance token YFI saw a notable rebound from its recent lows overnight, which comes as sentiment surrounding the crypto remains incredibly low. A fragmented community coupled with a lack of momentum in the aggregated DeFi space has created serious headwinds for YFI, which is now trading down well over 50% from its recent highs.…
Details
Bitcoin (BTC) dropped lower on Thursday, with dimming stimulus hopes and a resurgence in the coronavirus cases in the US and Europe casting doubts over the global economic recovery. The BTC/USD exchange rate established an intraday low at $11,263 as of around 0900 UTC, suggesting that it could correct further lower in the US trading…
Details
The leading crypto spot and derivatives exchange, OKEx has concluded its special voting event to list a fresh class of crypto assets – Non-Fungible Tokens (NFT) on the platform. The 8-day long event that ended on Oct 8, 2020, witnessed the community selecting Meme (MEME) and Aavegotchi (GHST) from a list of 6 tokens which…
Details
UniSwap’s native cryptocurrency, UNI, is at risk of continuing its downtrend by another 10 percent as the decentralized exchange undergoes its first governance vote. Members of the UniSwap community claimed that whales with access to large quantities of UNI tokens are unanimously changing the network rules. The accusations followed the launch of the first proposal…
Details
Chainlink (LINK) has undergone a strong bounce since the lows under $8 it set in September. The leading cryptocurrency currently trades for a price around $11, almost 50% above those lows. Despite this recovery, not everyone thinks it will last. An eerie fractal suggests that the cryptocurrency could drop towards $6 in the coming weeks.…
Details
Chainlink (LINK) started a downside correction from the $11.80 zone against the US Dollar. The price is now trading near a major breakdown support at $10.60 and $10.50. Chainlink token price is correcting gains from well above the $11.50 level against the US dollar. The price is now testing the $10.60 support and it is…
Details
