Since the summer peak of the DeFi explosion, top Ethereum-based tokens from the space have dumped considerably due to becoming overvalued too quickly, and Bitcoin suddenly stealing up any flowing capital share. But while this happened, the total USD value locked in DeFi applications continued to climb right along as if nothing ever happened. Is…
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Bitcoin’s recent upsurge is finally proving to be beneficial for altcoins, as many have been able to post notable gains throughout the past day, including Chainlink. LINK has been one of the best performing major altcoins over the past 48 hours, as it has put some serious distance between its current price and its recent…
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Yearn.finance has seen a decent rebound from its recent lows set just a few days ago. Its ongoing upswing is coming about as Bitcoin and Ethereum consolidate, which indicates that it may be breaking its recent downtrend and beginning to navigate higher as many altcoins start catching some tailwinds created by BTC and ETH’s recent…
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IOHK CEO Charles Hoskinson vents his disappointment over Wikipedia’s refusal to list a Cardano page. In a Periscope video, Hoskinson hits out following his discovery that the online encyclopedia sees Cardano as lacking credibility. What’s more, considering Cardano’s scientific credentials, Hoskinson believes there is more at play than merely inadequate source data on the project.…
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Chainlink (LINK) started a strong rally after a major correction towards the $9.80 level. The price is up over 20% and it is likely to continue higher above the $12.50 resistance. Chainlink token price is surging and it recently broke the $12.00 resistance against the US dollar. The price is still trading well above $11.80…
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A long-term outlook of the Bitcoin market shows its price hitting $19,030 in the coming sessions. According to a setup presented by one TradingView contributor, the world’s leading cryptocurrency is in the first stage of an inverse Head & Shoulder (IH&S) breakout. In retrospect, an IH&S pattern appears when the underlying security forms three troughs…
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Chainlink (LINK) has gained 10% in the past 24 hours as Bitcoin has continued to hold in the $13,000 region. The popular altcoin currently trades for $12, its highest price in many weeks. The coin is currently the top-performer in the top 10 cryptocurrencies, outpacing Bitcoin’s 1.5% gain, Ethereum’s 5% surge, and the 1-3% performances…
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AAVE was trading higher on Friday, continuing a rebound that followed a massive 45 percent price crash between October 15 and 21. The decentralized finance token rose by up to 9.87 percent to establish an intraday high above $40. Its latest upside move brought its total retracement up by circa 25 percent, leading analysts to…
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Bitcoin price extended its rise and traded to a new monthly high near $13,200 against the US Dollar. BTC is currently consolidating gains and dips are likely to remain attractive. Bitcoin is trading nicely above the $12,650 and $12,750 support levels. The price is attempting a fresh break above $13,000 and it is well above…
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Ethereum surged over 10% and it settled nicely above the $400 resistance against the US Dollar. ETH price is consolidating gains and it seems like it could rally further above $420. Ethereum gained bullish momentum above the $400 and $410 resistance levels. The price traded to a new monthly high at $422 and settled above…
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