Bitcoin had a major breakout last night, taking the asset to a price well above $20,000 to close out what has been a stellar year for the cryptocurrency. Although 2020 was a monumental year for many reasons, it also marks a milestone for Bitcoin, in which a record has been set for the longest weekly…
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MOSS is an organization that fights the roots of climate change. The biggest mission it has undertaken on its shoulders is to cherish and harbor sustainable actions to ensure that future generations are given the gift of a better planet. MOSS has created one of the largest and path-breaking concepts that specialize in the purchase…
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It has been a wild past few days and weeks for Bitcoin and the entire crypto market The benchmark digital asset’s price has gone parabolic, rallying from recent lows of $17,600 to highs of $23,700 Although it faced a rejection at these highs, its outlook is still incredibly bullish and it has recovered most of…
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2020 has proven to be the year of crypto M&A with over $600 million spent in 60 deals during the first half of the year. Many of these deals have come from industry titans such as Coinbase, buying up ancillary products and services. What is less common, is the merging of two established and live-trading…
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Bitcoin’s potential as an emerging safe-haven alternative to gold raised its demand among institutional players in 2020. But a prominent economist is still skeptical about the cryptocurrency’s growth. David Rosenberg, the chief strategist at Toronto-based Rosenberg Research & Associates, said in an interview with Bloomberg that Bitcoin is a “massive bubble.” He criticized the flagship…
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The term FinTech – short for financial technology is relatively new, popularized by over a decade-old cryptocurrency revolution. The latest development in the blockchain-backed FinTech industry is decentralized finance (DeFi). What makes DeFi special is its potential to provide alternatives to many traditional financial products and services at a fraction of the cost while reducing…
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Ripple’s native token XRP is looking bullish again. Psychology The fourth-largest cryptocurrency by market capitalization was among the best performers Thursday as its price swelled by almost 24 percent in the previous 24 hours. The XRP/USD exchange rate established a new weekly high at $0.585, its gains driven alongside a general upside narrative across the…
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There’s no doubt that DeFi is on a roll in the crypto domain. And it’s all thanks to smart contracts. They extended the crypto usability, and now we can make various transactions without third parties involved. It was about time. Let’s be real here, nobody likes to collaborate with banks today. Their services are way…
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Ripple trimmed its losses after bitcoin’s rally against the US Dollar. XRP price gained 30% and it is now trading well above the $0.5500 resistance level. Ripple started a strong increase from the $0.4350 support zone against the US dollar. The price is now trading well above $0.5200 and the 100 simple moving average (4-hours).…
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Yield farming was the defi craze of summer 2020, taking the nascent industry by storm and ushering in new ways to distribute tokens, engage communities, and strengthen network effects. After peaking in October, when yield farms helped send Ethereum network fees to record highs, the yield farming craze abated slightly due to saturation and diminished…
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