The altcoin market has seen such a strong rebound today that even XRP has posted some gains. Despite seeing a slight climb today, the cryptocurrency remains trapped within the range it has been caught within throughout the past few months and years, with buyers unable to surmount the lower-$0.30 region despite the strength across the…
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Yearn.finance (YFI) and other DeFi coins capitulated on Thursday after a 70% correction. Most coins pertaining to this space lost 10-20% in the span of a single day, plunging as Bitcoin sucked all the air out of the room. At the lows, YFI was down some 80% from its $44,000 all-time high, set just two…
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This week, Bitcoin shocked the world with a push beyond $15,000 and nearly hitting $16,000. At the time, altcoins bled out, but few more so than XRP. One crypto trader has shared a nasty looking long-term chart for Ripple, and believes that Bitcoin’s rally could finally force the “XRP army” to surrender and “admit defeat.”…
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Chainlink has flashed some immense signs of strength throughout the past few days, with the cryptocurrency rallying towards its $12.00 resistance as its price continues seeing immense upwards momentum. This strength also comes as the aggregated altcoin market begins showing signs of strength, with buyers sending Ethereum’s price flying higher today as the DeFi sector…
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Ethereum’s price action has been incredibly strong throughout the past day, with bulls posting a sharp overnight upswing that helped end its severe underperformance of BTC seen throughout the past few weeks. ETH’s upswing today also rekindled life into many altcoins that had previously been bleeding out, with the DeFi sector, in particular, seeing immense…
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Ripple’s latest Q3 2020 report shows the firm made On-Demand Liquidity (ODL) sales of $81 million this quarter. By contrast, the previous quarter had ODL sales of $33 million. In addition, the Average Daily Volume (ADV) also showed a marked increase. This quarter’s ADV is up 106% to $404 million dollars, leading to a total…
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UniSwap’s native token UNI showed signs of bottoming out as its price rebounded by almost 56 percent in the previous 24 hours of trading. The UNI/USD exchange rate surged from near $1.75 to as high as $2.74 in the said period. Nevertheless, the pair failed to hold the top for long amid growing profit-taking sentiment…
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Bitcoin has seen a strong surge over the past three weeks, moving from $11,200 to a high of $15,300. That is a 36.5% gain in the span of twenty days, making it the best-performing asset over that time frame. While some are expecting a retracement from here, on-chain data shows that the market can sustainably…
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Litecoin price is gaining momentum above $60.00 against the US Dollar. LTC is likely to continue higher (similar to bitcoin) towards $70.00 or $75.00 in the near term. Litecoin started a strong rally above the $55.50 and $58.00 resistance levels against the US Dollar. The price is now trading nicely above the $60.00 level and…
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Ethereum cleared the $405 and $410 resistance levels to start a fresh rally, following bitcoin price surge against the US Dollar. ETH price is likely to continue higher towards $450 and $465. Ethereum is up over 6% and it broke the key $420 resistance level. The price is now trading above $425 and the 100…
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