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Traders say ETH price could pull back temporarily after climbing to a new all-time high above $1,470, despite the momentum of Ethereum. Source link
Read More »Why traders say Ethereum may see a 'rinse' pullback after breaking its two-year high
Bitcoin Blasts Through $20,000 as US Dollar Hits Two-Year Low
Bitcoin has pierced above the $20,000 level for the first time in history. The flagship cryptocurrency logged a surprising upside rally in the pre-market New York trading session Wednesday, hitting an all-time high of $20,822 before turning lower modestly. Analysts said it got the bullish boost from institutional capital’s arrival …
Read More »New Bitcoin addresses hit two-year high after China advertises crypto
Data shows 22,000 new entities created in a single day as one analyst suggests the added volume will translate to price gains. Source link
Read More »DeFi Effect: Scaling Debate Begins as Ethereum Fees Reach Two-Year Highs
Ethereum has seen a decentralized finance craze over recent weeks. Due to innovation, high returns on investments, and other attractive characteristics, DeFi has gone parabolic. Data from DeFiPulse shows that the value of cryptocurrency locked in blockchain finance applications has reached $1.6 billion. This is Simultaneously, DeFi-related tokens like Compound’s …
Read More »Bitcoin Optimism on Twitter Hits Two-Year High despite Coronavirus Pandemic
People’s optimism over Bitcoin surged to its two-year high, according to data aggregated by Santiment. The portal studied users’ reactions and moods about Bitcoin from their Twitter posts, noting a steep rise in the number of positive mentions. The so-called ratio and quantity of positivity metric surged ahead of the …
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