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“# Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, LTC, DASH ” Bitcoin (BTC) has made a stellar comeback from its March lows in 2020 and this performance is getting noticed by institutional investors. Recently Rick Rieder, BlackRock’s CIO of fixed income, said that Bitcoin could replace gold as it is “more functional…
“# DeFi-ing expectations: Great opportunities in crypto can come at a price ” While 2020 will go down as one of the toughest the world has faced collectively in many years, the success of the decentralized finance sector stands out as a major milestone for the cryptocurrency community. Amid the ongoing COVID-19 pandemic, economies have…
“# Parabolic rally ‘a real possibility’ after Ethereum price surges to $547 ” The price of Ether (ETH), the native cryptocurrency of Ethereum, has surpassed $547. Following the breakout, traders are pinpointing several key resistance levels in the near term. In the short term, traders generally foresee $600 as the major resistance area for Ether…
“# Price analysis 11/20: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSV ” Bitcoin’s (BTC) current rally has largely been led by investments from institutional investors and publicly listed companies. Data from Bitcointreasuries shows that companies hold about 4.54% of the current Bitcoin supply. A survey of 700 high-net-worth individuals chosen from across…
“# Ether wallet addresses with at least 1 ETH hit record high ” The Bitcoin (BTC) bull run may be dominating headlines, but the stalwart cryptocurrency isn’t the only coin to be showing strong positive indicators. According to data from glassnode alerts, the number of Ether (ETH) wallet addresses holding a minimum of 1 ETH…
“# SEC seeks judgement after ‘no show’ in $9M Meta 1 Coin fraud case ” The U.S. Securities and Exchange Commission has requested a default judgment against three companies and four individuals associated with the allegedly fraudulent art and gold-backed cryptocurrency Meta 1 Coin. The SEC filed its Nov. 18 motion for a default judgment…
“# DeFi tokens make triple-digit gains as Bitcoin price searches for support ” Since topping out at $18,476 on Nov. 17, Bitcoin price has been flirting with the $18,000 level as bulls fight to flip the level to support and chase after the all-time high at $19,789. While this battle takes place and the bulk…
“# Celo taps Chorus One to build a bridge with Cosmos, paving the way for others ” Celo has awarded a grant to staking service provider Chorus One to build a bridge facilitating interoperability between the Cosmos and Celo networks. The proof-based bridge will allow “bidirectional communication’ between Celo and Cosmos, allowing Celo’s cUSD stablecoin…
“# Price analysis 11/18: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSV ” Within the last 24-hours, Bitcoin (BTC) price hit an intraday high of $18,466.14 and this is just roughly 8% lower than the magical $20,000 figure being watched by many traders. However, investors in several countries such as Russia, Argentina, Brazil,…
“# Zcash celebrates first halving with implementation of ‘Canopy’ upgrade ” Privacy-focused cryptocurrency Zcash (ZEC) celebrated its first halving event on Nov. 18. The occasion was marked by the implementation of the Canopy upgrade, which establishes a development fund for the platform and removes the controversial “Founders Reward.” The halving and upgrade occurred at block…