Ethereum fell Monday in sync with the cryptocurrency market’s other top assets, including Bitcoin, Binance Coin, Polkadot, and Cardano. The second-largest cryptocurrency touched a record high of $2,041 during the weekend session that prompted daytraders to secure their profits. That led to a considerably larger sell-off throughout the weekend and …
Read More »Cryptocurrencies Amid the Covid-19 Pandemic and the Global Market
According to a research report published by Azoth Analytics in August 2019, the cryptocurrency market was at $ 856.36 billion in 2018. The cumulative market cap of cryptocurrencies increased by about 300 percent in 2020 as digital coins are increasingly becoming an investment tool. According to the research report, the …
Read More »Study: Top-Tier Cryptocurrency Exchanges Increased Their Market Share by 13% Since October 2020
A recent study unveiled that top-tier cryptocurrency exchanges increased their market share since October 2020, in the context of lower-risk exchanges. The bitcoin bull market fueled that both retail and professional traders utilized such risk, data shows. Stricter Regulations Boosted Transparency Levels in Crypto Exchanges Per information from crypto market …
Read More »Bitcoin, Ether, Major Altcoins – Weekly Market Update February 15, 2021
The total crypto market cap added $207 billion to its value for the last seven-days and now stands at $1,467 billion. The top 10 coins were all in green for the same time period with Binance Coin (BNB) and Bitcoin Cash (BCH) leading the pack with a 102 and 62 …
Read More »$56.3K Bitcoin price and $1T market cap signal BTC is here to stay
Bitcoin price hit a new high at $56,368, cementing its status as one of the most valuable assets on the planet. Source link
Read More »Uniswap (UNI), Compound (COMP), Other DeFi Coins Are Slipping Lower
Top decentralized finance (DeFi) coins are sliding lower despite strength in the Ethereum price. Data from Uniswap indicates that against the U.S. dollar, coins such as UNI, Compound’s COMP, and Yearn.finance’s YFI, have slid lower by 1-5% in the past 24 hours. This slight move lower in the price action …
Read More »A 5% Move Pushes Bitcoin To A $1 Trillion Market Cap
Bitcoin price has broken $50,000 and is now well above the key phycological resistance level. At the halfway point to $100K per coin, there was bound to be some resistance, but already bulls have pushed the price per BTC to new record highs. At the current price per coin, the …
Read More »Correction Anticipated as Bitcoin Runs Past $51,700 in Parabolic Rally
Another day, another all-time high for Bitcoin. The benchmark cryptocurrency continued its upside trend heading into the European session Wednesday as its price jumped above $51,700 for the first time in history. Meanwhile, its market capitalization surged to over $960 billion, just 3 percent shy of hitting $1 trillion. “We …
Read More »Market share of top crypto exchanges passes $1T: CryptoCompare report
The report states that KYC and AML standards for exchanges have significantly improved over the last four months. Source link
Read More »Traders Seek Safety in SushiSwap (SUSHI) as Crypto Market Loses $25bn
An early session slipover in the SushiSwap’s SUSHI market turned into a buying opportunity for traders that were seeking safety against a dwindling cryptocurrency market this Monday. The SUSHI/USD exchange rate climbed by more than 24 percent from its intraday low of $12.80. Traders spotted upside opportunities in the pair …
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