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Crypto Tidbits: MicroStrategy’s $250m Bitcoin Purchase, Ethereum DeFi Boom, BitMEX KYC

Crypto NewsBy August 15, 2020

Another week, another round of Crypto Tidbits. It’s been another volatile week for the Bitcoin market. In the past seven days, the leading cryptocurrency has traded at both $11,100 and $12,000, whipsawing between the levels as the price enters a consolidation. Ethereum, on the other hand, has been surging higher; ETH now trades for $440 as…

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The US Dollar is “Ready to Break Down” – How This May Impact Bitcoin

Crypto NewsBy August 15, 2020

As Bitcoin continues establishing its position as a major asset on the global stage, its correlation to other markets has been shifting. Although it was strikingly correlated to the stock market in late-February and early-March, its price action has since broken this, now becoming more closely tied to gold and other precious metals. An interesting…

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Top VC Fears DeFi “Black Thursday” Redux Is Possible as Ethereum Congests

Crypto NewsBy August 15, 2020

Ethereum has a transaction fee problem, similar to the one it and Bitcoin faced in 2017 and early 2018. On August 12th, the cost of Ethereum “gas,” how transaction fees are calculated, hit 277 Gwei. By this writer’s estimates, that means that sending ETH was $2.25, sending ERC-20 was around $5, and trading on Uniswap…

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Tezos (XTZ) Could Soon See a 100% Rally as Analysts Watch Bullish Trends

Crypto NewsBy August 15, 2020

Tezos has seen some relatively strong price action over the past couple of weeks, but the uptrend it incurred around this time last week is starting to stall. It appears that the resistance laced throughout the mid-$4.00 region is quite intense, which has been stopping it from posting any further gains as of late. Analysts…

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Stellar Lumens (XLM) Is Poised to Bounce Against Bitcoin: Here’s Why

Crypto NewsBy August 15, 2020

Stellar Lumens (XLM) has retraced against Bitcoin over recent days, failing to follow other leading altcoins higher. Indicators suggest the altcoin may soon outperform Bitcoin — a sentiment in line with those shared by crypto traders. Related Reading: “Rich Dad Poor Dad” Author: Bitcoin Could Soon Become the “Fastest Horse” Stellar Lumens Could Bounce Against Bitcoin…

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Why Tron’s 20% One-Week Climb Is Just The Start Of Extended Uptrend

Crypto NewsBy August 15, 2020

Bitcoin and major altcoins have been breaking out all across the crypto space. Several other top altcoins across the top 100 by market cap also saw strong rallies, but a handful of top altcoins like Tron and Litecoin have lagged behind. Chart patterns had shown similar price action as other alts ahead of major breakouts,…

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Indicator Shows XRP Has Most Explosive Momentum Since 2017 Bubble

Crypto NewsBy August 14, 2020

XRP’s recent rally has taken a pause, leaving crypto investors scratching their heads wondering which way the altcoin will turn next. Will it fall deeper into the throes of the bear market, or will the asset finally repeat the performance that took it to over $3.50 per token? If a strength measuring tool is any…

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Here’s What Analysts Think Is Next After Ethereum Shoots 12% Higher

Crypto NewsBy August 14, 2020

It’s been an explosive past few days for Ethereum. After consolidating under $400 for a number of days, the leading cryptocurrency shot higher on Thursday and then continued its ascent into Friday. As of this article’s writing, ETH is up 12% in the past 24 hours. It trades at $444, surging decisively past the previous…

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Why Traders Expect XRP to See an Explosive Rally Despite Stalling Uptrend

Crypto NewsBy August 14, 2020

XRP has been seeing mixed price action in recent weeks. The cryptocurrency was able to post some massive gains just a couple of weeks ago, but its momentum has since stalled after it faced a firm rejection at $0.33. From the point forward, the crypto has been drifting lower ever since, eventually tapping lows of…

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Economist On DeFi: Crypto Insiders Aware Tokens Are Worthless, Speculate Anyway

Crypto NewsBy August 14, 2020

The crypto market has taken a strange turn in recent weeks. What started out as a perfectly sustainable trend of rapidly growing DeFi projects, has turned into a weird world of worthless assets. Rather than new money coming in, as one economist points out, it is crypto insiders who know better that are buying these…

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Coin Cards
bitcoin
Bitcoin
$ 29,670.00
Supply 19,049,718.00 BTC
Volume $22,171,644,960.00
Market Cap $564,364,295,711.00
Change -0.38%
ethereum
Ethereum
$ 1,921.54
Supply 120,927,472.69 ETH
Volume $12,549,427,017.00
Market Cap $232,275,171,996.00
Change -3.24%
bitcoin-cash
Bitcoin Cash
$ 186.68
Supply 19,073,331.15 BCH
Volume $776,913,588.00
Market Cap $3,565,546,004.00
Change -4.36%

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  • bitcoinBitcoin(BTC)
    $29,670.00-0.38% 24H
    BITCOIN
    24H : -0.38%
    Volume : $22,171,644,960.00
    Marketcap : $564,364,295,711.00
  • ethereumEthereum(ETH)
    $1,921.54-3.24% 24H
    ETHEREUM
    24H : -3.24%
    Volume : $12,549,427,017.00
    Marketcap : $232,275,171,996.00
  • tetherTether(USDT)
    $1.000.110% 24H
    TETHER
    24H : 0.110%
    Volume : $39,883,463,032.00
    Marketcap : $73,273,047,079.00
  • rippleXRP(XRP)
    $0.401-1.79% 24H
    XRP
    24H : -1.79%
    Volume : $2,030,104,435.00
    Marketcap : $19,382,228,155.00
  • litecoinLitecoin(LTC)
    $66.01-5.74% 24H
    LITECOIN
    24H : -5.74%
    Volume : $427,639,129.00
    Marketcap : $4,640,270,126.00
  • bitcoin-cashBitcoin Cash(BCH)
    $186.68-4.36% 24H
    BITCOIN CASH
    24H : -4.36%
    Volume : $776,913,588.00
    Marketcap : $3,565,546,004.00
  • eosEOS(EOS)
    $1.29-3.88% 24H
    EOS
    24H : -3.88%
    Volume : $279,502,793.00
    Marketcap : $1,288,427,926.00