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“# Ethereum killers and layer-2 tokens rally despite 5% Bitcoin price drop ” On Feb. 10, Bitcoin (BTC) price pulled back 5% from its newly established $48,220 high and a number of altcoins also underwent slight corrections. Data from Cointelegraph Markets and TradingView shows Bitcoin has declined 4.96% since yesterday’s highs and currently trades at…
“# 3 reasons why Binance Coin (BNB) hit a new all-time high at $148 ” On Feb. 10 Binance Coin (BNB) hit a new all-time high at $148 after the native exchange token rallied 121% since the start of the week. Data from Cointelegraph Markets and TradingView shows that BNB rose from $35.37 on Jan….
“# Price analysis 2/10: BTC, ETH, ADA, XRP, DOT, BNB, LTC, LINK, DOGE, BCH ” Bitcoin’s (BTC) market capitalization topped $889 billion on Feb. 9, pushing BTC above the value of Tesla and the Russian ruble, according to data from AssetDash. The current rally is longer limited to Bitcoin as several altcoins have been surging…
“# Total value locked in DeFi marks new all-time high close to $40B ” The total value locked in decentralized finance — a measure of the total value of assets committed to the DeFi ecosystem —has marked a new all-time high close to $40 billion. According to DeFi Pulse, the figure hit the $39.79 billion…
“# Premier League football club enters VR partnership with crypto betting site ” Premier League football club Southampton FC has entered into a partnership with cryptocurrency betting website Sportsbet.io. The new venture will give Southampton fans the chance to take in the matchday experience during the COVID-19 lockdown via virtual reality headsets, while influencers will…
“# Chainlink hits new highs, but is LINK about to pull another 150% parabolic move? ” You could literally hear the Bitcoin (BTC) hodlers cheering from the rooftops as the world’s largest whale publically entered the market this week. But as Bitcoin screamed toward $50,000, altcoin hodlers looked on in horror as their portfolios began…
“# DeFi wars heat up as Curve Finance TVL hits $3.99B, surpassing Uniswap ” As decentralized finance grows in prominence, a battle of the DEXs is brewing between several of the top protocols like Uniswap (UNI), SushiSwap (SUSHI) and Curve DAO (CRV) as the growing list of platforms vie for investor liquidity and transactions on…
“# Helium (HNT), Avalanche (AVAX) and Pickle rally on partnership announcements ” Bitcoin (BTC) price continues to defy gravity and its strong bullish breakouts frequently result in short sellers needing to cover their positions in a hurry. A repeat of this happened on Feb. 9 when Bitcoin soared on the news of Tesla’s $1.5 billion…
“# Record $584M Litecoin futures open interest signals institutional inflow ” Litecoin (LTC) might be 60% below its December 2017 all-time high at $420, but that hasn’t stopped its futures contracts open interest from reaching a record $584 million. This makes LTC the seventh-largest cryptocurrency by market capitalization and it ranks third in derivatives, behind…
“# Shift to DeFi and cross-chain integration back Elrond’s (EGLD) 700% rally ” Elrond (EGLD) price has increased by 700% since Feb. 1 as new partnerships and protocol upgrades bolster investor confidence in the project. Elrond is a blockchain protocol designed to offer fast transaction speeds through the implementation of sharding for use with dapps,…