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“# Balancer (BAL) price soars to new all-time high: What’s driving the rally? ” BAL, the native cryptocurrency of Balancer, the popular automated market maker (AMM) utilized by many DeFi users to trade cryptocurrencies, has surged to new record highs above $70 on April 15. BAL/USDT 1-day price chart (Binance). Source: TradingView.com There are two…
“# Bitcoin at $62K ‘great buy’ before next surge, says fund manager ” Bitcoin (BTC) looked set to retest previous all-time highs on Thursday as a fund manager called it a “great opportunity to buy.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Cointelegraph Markets Pro and TradingView showed a 3.3% daily comedown for BTC/USD taking…
“# 3 reasons Dogecoin is up 123% this week, hitting $0.10 for the first time ” The price of Dogecoin (DOGE) has rallied by more than 123% this week, hitting a new all-time high of $0.13 on strong technical momentum. DOGE/USDT 4-hour price chart (Binance). Source: TradingView.com It has been competing against Chainlink’s LINK for…
“# New ‘inverse’ Bitcoin ETF now lets investors short BTC price ” Bitcoin (BTC) investors in Canada have two more outlets for BTC exposure this week — and can now even bet on a price crash. In a press release on April 14, Horizons ETFs Management confirmed that its two new exchange-traded funds (ETFs) would start…
“# $420M in leveraged long traders liquidated after XRP rallies to $1.96 ” XRP holders couldn’t have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14. In addition to achieving its highest level since January 2018, this robust price increase…
“# Garry Tan’s 2013 investment of $300K in Coinbase is now worth $2.4B ” Garry Tan, a prominent angel investor and the founder of Initialized Capital, was one of the first investors to provide seed funding to Coinbase eight years ago. Less than a decade later, and after today’s highly anticipated Nasdaq listing for Coinbase’s…
“# Price analysis 4/14: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, DOGE, LINK ” Coinbase (COIN) listing on Nasdaq could eventually boost cryptocurrency adoption and attract droves of institutional investors. However, that is unlikely to happen immediately. In the first few days after the listing, volatility could be high as Wall Street tries to value…
“# Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq ” Following months of build-up and speculation, Coinbase (COIN) listed on the Nasdaq and in true cryptocurrency fashion, opening day trading was a volatile affair that may have had a widespread effect on the cryptocurrency market. COIN’s reference price was initially $250…
“# 3 reasons why Elrond (EGLD) price soared above $245 ” As mainstream cryptocurrency adoption increases and more users start transacting on blockchain networks, the need for fast, scalable protocols becomes even more apparent as transaction costs and confirmation times continue to increase. One protocol that has seen significant gains over the past month as…
“# $5,000 Ethereum by the end of May? On-chain data suggests so ” On April 14, the price of Ether (ETH) just hit an all-time high at $2,400 and although the price has increased more than three-fold since the beginning of this year, the current speculative premium suggests, there is a lot of room for…