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“# Price analysis 2/5: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BNB, BCH, XLM ” Bitcoin’s (BTC) correction from its January high has not shaken the confidence of institutional investors. According to Glassnode analysts, the number of whales holding more than 1,000 Bitcoin has increased by 200 this year. Along with the institutions, several high…
“# Ether price breakout to $1,750 sees Ethereum network fees hit all-time high ” Largest altcoin Ether (ETH) built on its recent all-time highs on Feb. 5 to climb ever closer to $2,000. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Ether price hits record $1,750 Data from Cointelegraph Markets and TradingView showed a fresh breakout…
“# 4 reasons Bitcoin is about to reclaim $38K, putting all-time highs back in play ” The price of Bitcoin (BTC) has risen above $38,000 after nearly 21 days below this level with the exception of the “Elon Musk” rally last week. There are four major factors that have coincided with the rebound in BTC price…
“# ‘Top around $390K’ — New chart shows this Bitcoin bull run is only beginning ” Bitcoin (BTC) could reach almost $400,000 this bull cycle simply by copying previous behavior, one popular analyst has said. In a tweet on Feb. 4, Yassine Elmandjra, cryptoasset analyst at asset manager ARK, revealed just how early on in…
“# DeFi tokens lead the market higher as Bitcoin price searches for momentum ” Several DeFi tokens saw their prices breakout on Feb. 4 as Bitcoin (BTC) and Ether (ETH) prices traded sideways for the day. Aside from the general bullish trend permeating the DeFi sector, positive comments from big-name investors touting the benefits of…
“# FunFair (FUN) gains 183% as the blockchain-based gaming industry grows ” Many DApps and blockchain-based games are designed with casino-style and RPG features that allow players to use cryptocurrency for gambling. FunFair is essentially a white-label, turnkey blockchain-based casino and the platform aims to provide services with zero set-up fees and no monthly minimums….
“# DeFi boom pushes Universal Market Access (UMA), SwissBorg and Siacoin (SC) higher ” The total market capitalization of cryptocurrencies surged to $1.139 trillion on Feb. 4, just short of silver’s total market cap at $1.5 trillion. While the crypto market cap is still way below that of gold, Bloomberg senior commodity strategist Mike McGlone…
“# DeFi giant Aave hits a new high at $520, TVL rises to $4.96 billion ” Aave (AAVE) price has increased by 76% since the beginning of February and today the DeFi-token hit a new all-time high of $520. Currently Aave is the second-ranked DeFi platform by total value locked (TVL) and the protocol continues…
“# Here’s why Bitcoin price is struggling to reclaim $38,000 ” After bouncing from the recent short-term low, Bitcoin (BTC) price posted a 15% gain over three days as it climbed from $32,400 to $37,200. This was an impressive move given that BTC price had been trading in a sideways range for weeks and regardless…
“# Binance Coin hits all-time highs as BNB surpasses Bitcoin Cash by market cap ” Binance Coin (BNB), the in-house token of cryptocurrency exchange Binance, saw its price hit a new all-time high this week, passing Bitcoin Cash (BCH) by market cap. BNB/USD 1-week candle chart (Binance). Source: TradingView BNB, Binance volume hit records Data…