Earlier in 2020, Bloomberg Intelligence claimed Bitcoin would soon reach $12,000 and would be a primary beneficiary in the post-pandemic world. The prediction coming true has the analyst who made the call sharing a new chart that appears to hint that the cryptocurrency is about to explode into another bull run, much like it did…
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The DeFi sector has been struck hard by the recent downturn seen across the aggregated crypto market, but it has not been able to match the momentum seen by Bitcoin and Ethereum as a result of their recent rallies. DeFi tokens – due to their immense volatility – are considered to be “high beta,” which…
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Ethereum has undergone a strong rally over the past few days amid a Bitcoin push higher. In the past seven days, ETH has gained around 10%, pushing from the $370 region to $410 as of this article’s writing. ETH is expected to push higher as there are fundamental and on-chain trends that favor bull trends.…
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Bitcoin’s intense multi-day uptrend is slowing as the cryptocurrency reaches $13,000. A confluence of positive news regarding BTC’s adoption amongst corporations helped drive this recent push higher, but it remains unclear how long this uptrend will last. Bears have been ardently trying to stop the cryptocurrency from breaking above $13,000. Each time it reaches this…
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Bitcoin is just over one week away from the October monthly close, taking place on Halloween night. Although the night is known for candy, scarces, and tricks, if the leading cryptocurrency by market cap can close above $14,000, investors will be in for one heck of a treat. Bitcoin October Monthly Candle Close Could Result…
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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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