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“# 3 reasons why Uniswap (UNI) token hit a new all-time high above $15 ” Uniswap’s decentralized exchange has emerged as one of the critical pieces in the decentralized finance sector, with the DEX benefiting from the first-mover advantage after it became the go-to exchange for new projects and traders in 2020. In late 2020,…
“# IoT growth, partnerships, ease of mining drive Helium (HNT) price higher ” Helium (HNT) is a decentralized blockchain-powered network designed to allow low-powered wireless devices to communicate with each other and send data across its network of nodes. Since July, 2020, Helium’s native token (HNT) has increased 550% in value from $0.35 to a…
“# The mayor of Reno appears to be a LINK Marine ” As more jurisdictions explore the potential utility of blockchain technology and cryptocurrency, one American mayor suggested that she backs Chainlink — the most widely used oracle network for powering connected smart contracts. When Miami Mayor Francis Suarez announced that his municipality’s website would host Satoshi…
“# Price analysis 1/27: BTC, ETH, DOT, XRP, ADA, LINK, LTC, BCH, BNB, XLM ” Public companies have purchased about 85,000 Bitcoin (BTC) in the past year and institutional investors have pumped money into Grayscale Investments, which shows increasing institutional adoption is one of the main reasons for the recent Bitcoin rally. However, at the…
“# DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K ” Today Bitcoin (BTC) price continued to face selling pressure in the $32,500 to $33,000 resistance cluster and this led to a mild 3% to 5% pull back from most altcoins. Despite the recent revelation that BlackRock, the world’s largest asset manager,…
“# DeFi revival pushes Celo, Venus (XVS) and Fantom (FTM) price higher ” A new report by CoinShares suggests Bitcoin (BTC) has garnered 97% of the total crypto inflows in 2021. The recent correction in Bitcoin price does not seem to have deterred crypto investors as CoinShares data shows a record $1.3 billion in crypto…
“# Time for a crypto GPU? Gamers and miners spar over scarce top hardware ” The rise of cryptocurrencies over the past few months, especially with the onset of 2021, has certainly catapulted the crypto niche into the mainstream. While traders buy and sell and try to calculate how much this or that currency has…
“# 3 reasons why Ethereum price is still on track to top $2,000 ” After dropping 27% over three days, Ether (ETH) price finally reached a bottom at $1,040 on Jan. 22. The sharp correction liquidated $600 billion worth of future contracts but interestingly, Ether price rebounded to a new all-time high even as Bitcoin…
“# $45B DeFi market cap and soaring TVL suggest the best is yet to come ” The decentralized finance sector continues to charge full steam ahead as multiple tokens notch new all-time highs and the total value locked in DeFi protocols grows with the passing of each week. Data from Messario shows projects like AAVE,…
“# Price analysis 1/25: BTC, ETH, DOT, XRP, ADA, LINK, LTC, BCH, BNB, XLM ” After the recent correction, Bitcoin (BTC) will need aggressive inflows to absorb the possible selling from the short-term traders and momentum players as the price nears $40,000. In the past few months, Grayscale Investments has been one of the major…