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“# Price analysis 3/19: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH ” A report by Deutsche Bank Research said that Bitcoin (BTC) has become “too important to ignore” and may attract regulation by the end of 2021. Deutsche Bank analysts expect Bitcoin to reach a turning point in about “two or three…
“# Polkadot becomes latest to use Simplex’s fiat onramp ” Fiat-to-crypto onramp provider Simplex will now support Polkadot in its network of crypto exchanges, wallets, and brokers. In an announcement today, Simplex said its integration of Polkadot (DOT) would allow crypto users to purchase the token with a credit or debit card, Apple Pay, or…
“# Cardano’s $1B futures open interest shows ADA is a serious contender ” Cardano (ADA) has had an impressive start to the year as it broke through the psychological $1 barrier and made an all-time high at $1.50. The impressive 590% year-to-date gain took place as the network transformed into a multi-asset network, similar to…
“# Price analysis 3/17: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH ” Institutional investors have continued to pump money into cryptocurrency investment products in Q1 of this year, according to a report by CoinShares. The inflows of $4.2 billion in the first quarter have broken the previous record of $3.9 billion made…
“# Polkadot integration sparks rallies in REN, OCEAN and CELR price ” Polkadot (DOT) has emerged as one of the top-choice blockchain networks over the past year thanks to its focus on facilitating interoperability between separate networks, especially Ethereum (ETH). As a result of Polkadot’s rise to prominence, projects that have embraced the concept of…
“# Price analysis 3/15: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH ” The 2017 Bitcoin (BTC) bull run was led by retail traders, long-term crypto believers and Bitcoin whales. However, the tide turned in 2020 as institutional investors became the catalyst for the latest crypto bull run. However, data compiled by JPMorgan…
“# Price analysis 3/12: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH ” Bitcoin (BTC) missed hitting a new all-time high on March 11 by just a whisker as Oracle Corporation denied rumors that it had purchased about 72,000 Bitcoin. This suggests that traders could be looking for signs of greater institutional adoption…
“# Alameda Research invests $20M in Reef Finance ” After investing in travel app Maps.me and decentralized finance protocol Oxygen, Alameda Research will be putting $20 million into Reef Finance, the Polkadot-based DeFi platform. According to Reef Finance, Alameda Research will be purchasing $20 million worth of the firm’s native tokens, REEF — roughly 528…
“# Price analysis 3/10: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH ” Long-term investors use dips in a strong uptrend to buy while short-term investors are fixated on calling a top. In the past few days, data from Glassnode has shown significantly sized Bitcoin (BTC) outflows from Coinbase exchange, which is a…
“# Parity Technologies to propose parachain governance framework for Polkadot ” Parity Technologies, the company behind Polkadot, is planning to roll out a new parachain governance framework that could enhance the use case of the network. “Statemint” is the first proposed common-good parachain for the Polkadot network, Parity Technologies announced Tuesday. A common-good parachain is…