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…
Details
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…
Details
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…
Details
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…
Details
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…
Details
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…
Details
Bitcoin price rallied over 10% and it even traded close to $16,000 against the US Dollar. BTC is currently correcting lower, but the bulls are likely to protect $15,300 or $15,150. Bitcoin started a strong rally and it broke the $15,500 resistance zone. The price traded to a new 2020 high at $15,974 and it…
Details
Bitcoin has been sucking all of the oxygen out of the cryptocurrency market over the past few weeks, with the benchmark digital asset seeing a parabolic advance that has allowed it to post gains similar to those witnessed during the 2017 bull run. Where the cryptocurrency trends in the coming few days should provide insight…
Details
Bitcoin and Ethereum have both exploded higher in the past 24 hours. The price of BTC is up 8% in the past 24 hours as buyers rush in. This rally has unsurprisingly caught the attention of those not conventionally “in this space.” For one, the hashtag for Bitcoin was trending on Twitter in Canada and…
Details
While Bitcoin is blasting off to new 2020 highs, XRP continues to fall to new lows on the BTC trading pair. Will the top cryptocurrency keep cannibalizing Ripple’s crypto market capital, or will things soon reverse for the long beaten down altcoin? XRP Sets New Lower Low Against Bitcoin, Revisits Turning Point From 2017 XRP…
Details
