Cryptocurrency Analysis and News Portal
Decentralized Finance (DeFi) projects Ren Protocol, Synthetix, and Curve, are launching Bitcoin liquidity incentives to rival Ethereum-centric DeFi frameworks, reported Decrypt on June 25. Yield Farming Frenzy Yield farming has been the flavor of cryptocurrency since May 2020, ever since Compound and other projects gained prominence. Now, three DeFi projects
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Chainlink (LINK), a smart contract blockchain network, is nearing an all-time high after the altcoin broke out today, notching a 11% gain at the time of writing.The altcoin first hit a record high at $5.10 in July 2019 before crashing to $1.35 during the Black Thursday marketwide correction on March
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Credit Suisse’s Jonathan Golub–one of Wall Street’s most bearish strategists–has raised his forecast for the U.S. stock market. Downside risks are “less ominous,” says Golub, thanks to unprecedented central-bank intervention and declining bankruptcy filings. Although Credit Suisse has raised its price target by 18.5%, that reflects most of the gains since March.
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Ethereum is up around 2% and it broke the $232 resistance against the US Dollar. ETH has likely moved into a positive zone and it could continue to rise towards $240 or even $250.Ethereum is slowly gaining bullish momentum above the $232 resistanceThe price tested the $235 resistance and trading
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Wall Street anticipates a vaccine by November ahead of the presidential election. Institutional investors are likely to enter the stock market as vaccines offset weak fundamentals. Nations can reopen their economies freely with vaccines, lowering the threat of a second virus outbreak. After a historic rally, the U.S. stock market has lacked conviction
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Bitcoin has been stuck in a tight consolidation pattern over the past six to eight weeks. Prices have barely deviated from a relatively tight $2,000 range, with each attempt at breaking out failing dramatically as millions of dollars worth of leveraged positions are liquidated.Yet at long last, a big move
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Bitcoin expects to extend its recovery rally towards $9,800 as the U.S. futures grows further.Both Bitcoin and the U.S. stocks have fallen and risen in tandem since the beginning of this week.Expectations of a strong retail sales report could push equities higher, assisting Bitcoin in logging similar upside moves towards
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Bitcoin “whales,” or users holding significant amounts of BTC, are surging in recent weeks to reach levels last seen in January 2018. BTC Whales Growing A report by on-chain analytics firm Glassnode noted on June 15 that BTC whales are steadily growing, presumably as worldwide financial markets see increased volatility and turmoil
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Mobile mesh networks, a network of peer-to-peer (or device-to-device) connections between mobile phones or IoT devices can be helped significantly by using Bitcoin’s Lightning Network, a recent podcast noted. Tapping Lightning for SMS Speaking with CryptoX, Adam Levine, Andreas Antonopoulos, and Dr. Stephenie Murphy on the publication’s “Let’s Talk Bitcoin!” podcast, Richard
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There is a lot of confusion about whether or not Meghan Markle became a princess when she married Prince Harry. Believe it or not, this isn’t as cut and dried as some people think. Meghan Markle always wanted to be a Disney princess. Has she finally succeeded? So, I’ve noticed a bit of
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