Cryptocurrency Analysis and News Portal
Tether printed 2 billion dollar-backed tokens last week, a new record for the leading stablecoin project.Over 24.6 billion tethers now circulate across Ethereum, Tron and Bitcoin’s Omni Layer, per data from Coin Metrics, up from 4.8 billion one year ago. The growth comes from a variety of factors, said Sam Trabucco,
Read More
Ethereum’s native token ETH fell by more than 20 percent from its session high of $1,350 on profit-taking sentiment. While technical indicators point to further correction lower, one analyst believes the second-largest cryptocurrency could hit its record high levels in the sessions ahead. The pseudonymous entity rested his bullish setup on
Read More
Summary:The number of active Bitcoin addresses recently hit an all-time high of 1.34 millionThis amount is higher than the 1.29 million experienced on December 14th, 2017Bitcoin is attempting to turn the $40k price area into supportBTC is in overbought territory but $50k looks like the next stopA push above $50k
Read More
Bitcoin’s mining difficulty just reached a record high above 20.6 trillion as more people are mining at a larger scale than ever before thanks to ballooning mining revenue and bitcoin’s parabolic price rally. “A new difficulty all-time high is no surprise considering mining revenue has tripled in recent months,” said
Read More
Bitcoin looked to end its first official week on a strong note as its price claimed another record high this Friday. The benchmark cryptocurrency soared above $41,000 for the first time since its inception, hitting an all-time peak of $41,499 before correcting lower. Its gains appeared shortly after the European equities
Read More
CBSE futures on FTX hit $311 Thursday afternoon. Source
Read More
Leading U.S.-based cryptocurrency exchange Coinbase is suffering connectivity issues for the second consecutive day amid bitcoin’s parabolic price rally. The story is developing and will be updated as more information is available. Source
Read More
The incredible ride that has been the price of bitcoin this year hit back-to-back milestones Wednesday as the leading cryptocurrency blasted past $36,000 for the first time ever, then a little over three hours later briefly crossed $37,000.UPDATE (Jan. 5, 20:23 UTC): Adds possible reason for bitcoin rallyUPDATE (Jan. 6,
Read More
The total value of all cryptocurrencies passed $1 trillion Wednesday for the first time ever, per CoinGecko‘s index of 6,124 assets. At its prior peak in late 2017, the market’s total capitalization was just above $760 billion, according to TradingView.Bitcoin represents roughly 69% of the market’s value, according to Messari.
Read More
Changpeng Zhao, the chief executive of Binance, the world’s largest crypto exchange by trade volume, reported a record of $80 billion in 24-hour trade activity on Jan. 4.On Twitter, CZ compared the recent activity to the volume posted during the last record-breaking bull cycle, noting that the past day of
Read More