A perfect storm of ICOs, Bitcoin, and an emerging finance industry full of unknown tech born from mysterious figures helped crypto soar in 2017. Eventually, the bubble inflated too large and ultimately burst. There hasn’t been quite the same level of FOMO since. That all could change if more crypto companies go public over the…
DetailsBarstool Sports president Dave Portnoy has been amassing a notable following throughout the past few weeks due to his stock trading live streams – and now he wants in on Bitcoin. Despite previously questioning Bitcoin’s status as an investment, the eccentric trading personality now wants exposure to the digital currency’s immense volatility. In a recent…
DetailsDespite volatility in the Ethereum market, decentralized finance (DeFi) — which some argue is the killer use case for the cryptocurrency — has continued to see rapid growth in recent months. Ethereum’s DeFi Space Is Seeing Rapid Growth Spencer Noon, the head of the cryptocurrency fund DTC Capital and an on-chain analyst, noted on August…
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After months of consolidation, Bitcoin broke free from a tight, boring trading range and continued the uptrend that began in early April. Despite the cryptocurrency turning from bearish to bullish, a full break out into a new bull market won’t arrive until 2021. Here’s what past Bitcoin cycle data predicts for when the asset may…
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VeChain has enjoyed an impressive bull rally thus far this year, despite the chaos caused by the ongoing pandemic. The VeChainThor technology continues to expand to a wide range of industries, providing solutions to real-world problems. For this reason, investors are seemingly giving VET their vote of confidence. This market behavior has been reflected in…
DetailsThe crypto asset called Chainlink has been the market’s best-performing asset for two years running. It has made many early investors rich, and even those who hopped on the bandwagon late as the asset continues to tap new highs. But did the asset really turn $10 into nearly a million bucks in just six months?…
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Bitcoin has faced some turbulence throughout the past couple of days. Following the benchmark cryptocurrency’s firm rejection at $12,000 this past weekend, it has largely been consolidating within the lower-$11,000 region. Yesterday, however, bulls attempted to spark a fresh leg higher. They sent BTC to highs of $11,500 before losing their momentum. From here, it…
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Bitcoin price hit a year-to-date high at $12,134, notching a new milestone in a bull run that started in March 2020. The benchmark cryptocurrency, nevertheless, underwent a “flash crash” minutes after topping out. Its price fell towards $10,500, a support level that earlier served as resistance during the Bitcoin’s uptrend. Analysts at TradingShot.com now expects…
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Things are going from good to better for Ethereum, the second-ranked cryptocurrency by market cap. Bitfinex CTO, Paolo Ardoino today tweeted that both spot, and perpetual, volumes for Ethereum have been consistently higher than Bitcoin during the past couple of days. $ETH volumes consistently above $BTC in the past days. Same for [email protected] pic.twitter.com/lCb3PJm9TC —…
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XTZ, the native token of Tezos – a multi-purpose blockchain, is looking to establish its quarter-to-date high, according to multiple analysts. Michaël van de Poppe, Jonathan Habicht, Karoush AK, amongst others see XTZ logging a bull run in the coming sessions. The analogy appears after XTZ/USD held strong support near $2.73 on multiple occasions. A…
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