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“# What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies ” It’s undeniable that Bitcoin (BTC) and Ethereum (ETH) are currently the two most dominant cryptocurrencies and as a result they receive the most of the attention from the mainstream media, institutional investors, and retail investors, but this doesn’t mean that the sector…
“# Ethereum bulls hedge their bets ahead of next week’s $250M ETH options expiry ” Ether (ETH) paved the way for lower transaction costs with the Berlin upgrade on April 15. However, traders already know that the Ethereum Improvement Proposal 1559 is the most anticipated and controversial change scheduled for the upcoming London hard fork….
“# Is DeFi yield appetite rising again? Enso raises $5M as YFI hits new highs ” The appetite for DeFi is rising again as blue chips are rallying and yield-earning strategy-sharing platforms, like Enso, are on the rise. Enso, a platform where users can share yield-earning strategies, raised $5 million on April 13 from top…
“# Bitcoin hash rate hits record 200 EH/s in fresh BTC price bull flag ” Bitcoin (BTC) has seen a classic indicator of a coming bull run pass a historic milestone as miners commit more and more resources to its future. According to data from on-chain monitoring resource Glassnode on Friday, Bitcoin’s network hash rate…
“# Cathie Woods’ Ark buys a further $110M worth of Coinbase shares ” Three exchange-traded funds, or ETFs, offered by Cathie Wood’s Ark Invest, including the flagship Ark Innovation ETF, all added further shares in Coinbase Global Inc. (COIN) to their positions on Thursday, April 15. According to a report from Reuters, the Ark Innovation…
“# Dogecoin doubles in a day as YTD gains hit 5,000% while Bitcoin price dips ” Dogecoin (DOGE), the meme-based altcoin which has become a favorite talking point of Elon Musk, has doubled in 24 hours to hit all-time highs of $0.29. DOGE/USD 1-hour candle chart (Bittrex). Source: Tradingview DOGE leaves others in the dust…
“# Shift toward full decentralization pushes Maker (MKR) price above $4K ” Stablecoins have become a significant foundational piece for the cryptocurrency sector because they serve as a deeply liquid base pair for most assets and also offer investors a secure place to capture gains. Data also shows that stablecoins play a significant role in…
“# Dogecoin (DOGE) and Maker (MKR) soar as the altcoin market cap tops $1T ” Now that the Coinbase (COIN) stock listing is out of the way, the focus of traders has shifted back to the crypto market as Bitcoin (BTC) price works to regain its footing above $63,000 and altcoins move higher. After reaching…
“# Zcash (ZEC), Horizen (ZEN) and Hedget (HGET) soar as altcoins lift off ” Three of Cathie Wood’s ARK exchange-traded funds bought nearly $246 million worth of Coinbase Global Inc. (COIN) shares on its listing day. Another fund, Amplify Transformational Data Sharing ETF (BLOK) also purchased COIN stock. These purchases show that ETFs are eager…
“# Rising DeFi TVL and Binance staking back 88% rally in IOST price ” While the past year has been marked by the rise of decentralized finance, centralized entities like Coinbase and Binance continue to be some of the most important players in the industry as a whole as they are essential in attracting attention…