Bitcoin has seen some immense volatility throughout the past few days, rallying to highs of $15,800 just over a day ago before facing a sudden influx of selling pressure that sent its price plunging to lows of $14,800. This $1,000 movement wiped out over-leveraged positions from both bulls and bears and has resulted in the…
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Ethereum spent the summer months easily outperforming Bitcoin, but that trend reversed as soon as the fall months hit. The change in tune towards the DeFi trend helped take the second-ranked cryptocurrency down to retest resistance turned support. The bullish retest has since held, and it could take the altcoin back to retest highs on…
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Aave (AAVE) has rapidly become one of the best-performing crypto-assets over the past few days. From its lows set late last week, the coin has gained approximately 150%, rallying from $27 to $67 as of this article’s writing. AAVE is currently the best-performing crypto-asset in the top 100 by market capitalization. The coin trades up…
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Uniswap’s UNI governance token has been rocketing higher alongside the aggregated DeFi sector throughout the past few days, once again surmounting $3.00 as buyers aim at it seeing further upside in the mid-term. The cryptocurrency is one of the DeFi “blue-chips” that has been seeing immense momentum as of late and is widely viewed as…
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Yearn.finance’s YFI has been caught within the throes of an intense uptrend throughout the past few days, with its recent lows of $7,500 looking more and more like a long-term bottom as money keeps flowing into the altcoin market. In particular, DeFi tokens have seen immense strength throughout the past few days, with the blue-chip…
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Bitcoin price is gaining in momentum, tracking along well with the many scarcity-based valuations models that exist. These theories all believe that the cryptocurrency’s block reward halving kicks off a markup phase of epic proportions. Currently, there are only two previous samples to go by, each where the asset explodes in ROI post-halving. At present,…
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Bitcoin has settled into a consolidation range following its significant climb since the start of October. However, increasing sell pressure has many analysts calling for a sharp correction in the near term if $15k fails to hold. Currently, the price of Bitcoin is down 1% in the last 24-hours to $15.3k. Source: BTCUSDT on TradingView.com…
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Bitcoin has seen some choppy price action throughout the past day, with its price mainly consolidating within the lower-$15,000 region as bulls and bears struggle to gain control of its near-term outlook. Where it trends in the near-term will likely depend on whether or not it can continue trading above $15,000. This has been a…
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The staking process on Ethereum 2.0 is live for almost a week now. And it has left the cryptocurrency in a moderately bullish state. ETH/USD is up more than 12 percent on a month-to-date timeframe, trading at circa $447 as of 1252 GMT. The pair’s move uphill appears in the wake of a strong Bitcoin…
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If there’s one thing this summer’s DeFi boom taught us, it’s that the Ethereum gas fee structure needs reform. Although things have calmed down since the summer, rip off fees, and stuck transactions are still a problem for Ethereum users. So much so, a failure to address the problem will only give rival blockchains an…
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