Cryptocurrency Analysis and News Portal
Bitcoin has been caught in one of the strong uptrends seen since its parabolic rally first began in late-2020 The cryptocurrency has been seeing tremendous growth as of late that has come about primarily as a result of multiple signs of mainstream adoption Examples of this include Tesla’s decision to add $1.5b
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Leading crypto asset exchange Binance was forced to suspend its spot and margin trading services just a few minutes after its CEO took to Twitter to boast the platform had smoothly handled new record highs for website traffic.Binance chief executive Changpeng Zhao, or CZ, tweeted the exchange had experienced a
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Exchange tokens reached all-time highs, again. Source
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You could literally hear the Bitcoin (BTC) hodlers cheering from the rooftops as the world's largest whale publically entered the market this week.But as Bitcoin screamed toward $50,000, altcoin hodlers looked on in horror as their portfolios began shrinking in terms of BTC. However, the Elon pump has possibly created
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Social media activity for Bitcoin is at an all-time high following a massive endorsement from Tesla CEO, Elon Musk.Speaking to Cryptox, co-founder and CEO of crypto data provider The TIE, Joshua Frank, noted there have been 143,000 tweets over the last 24 hours from “non-bot accounts.”The new record beats out
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On Feb. 8 Bitcoin (BTC) price broke out to a new all-time high at $46,794 after documents from Tesla revealed that the company had allocated 7.7% of its gross cash position to BTC. The purchase gives Tesla a sizable $1.5 billion position in the top-ranked digital asset. Data from Cryptox Markets
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Ether (ETH) led the market higher as it trekked toward another new all-time high at $1,763. ETH CME futures are scheduled to launch on Feb. 9, leading many analysts to predict that the top-ranked altcoin will hit $2,000 before meeting any significant resistance. Data from Cryptox Markets and TradingView shows Ether
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Investors look to be temporarily shifting focus away from bitcoin and toward crypto tokens associated with decentralized finance (DeFi).In the past 24 hours, DeFi-linked coins such as COMP, AAVE, KNC and ZRX have all leapt to fresh lifetime highs. Compound’s governance token COMP clocked a new record of $500, taking
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The average Ethereum transaction fee has passed $20 for the first time. Source
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Ethereum’s gas fees are again spiking to record highs, rendering many decentralized finance protocols unusable for casual investors.After increasing roughly 20% in the last 24 hours, average Ethereum transaction fees are now sitting at a record $17.67.With many DeFi projects requiring the execution of complex smart contracts, there are reports
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