Cryptocurrency Analysis and News Portal
Bitcoin (BTC) staged a fresh breakout attempt into July 11 as the battle for yearly highs stayed hot.BTC/USD 1-hour chart. Source: TradingView$31,000 reappears in BTC price “leverage crunch”Data from Cointelegraph Markets Pro and TradingView showed BTC price briefly passing $31,000 before the July 10 daily close.In a copycat move, seemingly
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied XRP (XRP) has observed an uptick in social dominance amid the prevailing bearish condition plaguing the asset. Crypto analytical resource Santiment suggests that the new XRP trend might indicate increasing chances of a potential price
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied AAVE, the native governance token of Aave, a decentralized, multichain, and non-custodial lending and borrowing protocol, is up 27% as of June 25. The explosion of AAVE prices follow a lull and under-performance in the second
Read More
Bitcoin Cash was issued in July 2017 after it forked the original Bitcoin's blockchain. It made a record high of $2,947 during the peak of the 2017 bull market. However, despite early optimism, adoption of Bitcoin Cash as a payments network has paled into insignificance compared to its sibling. Source
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Smart contract activities on the Filecoin network have surged following the Filecoin Ethereum Virtual Machine (FEVM) launch in March 2023. More smart contracts deployed on Filecoin On-chain data reveals that the number of unique contracts deployed is currently
Read More
DYDX, the native token for the decentralized exchange platform with the same name, jumped to $2.23 at press time after the U.S. Securities and Exchange Commission said it sued Binance, the largest crypto exchange by trading volume, for violating federal law. Source
Read More
The announcement of high United States consumer debt comes as the debate for the national debt ceiling raises concerns over high inflation. The New York Federal Reserve reported on Monday that the total consumer debt hit a new ATH of slightly above $17 trillion during the first quarter of 2023. According
Read More
Amid the broader banking crisis, investors are still concerned about the next move of the government in terms of Federal Reserve policy. United States Treasury yields spiked earlier today after fluctuations experienced on Thursday. The yield on the 10-year Treasury went up by almost 5 basis points or 3.407% while that
Read More
Crypto exchange Coinbase managed to significantly narrow its net loss in the first quarter of 2023, due in part to robust earnings from retail investor trading activity.The company’s net loss fell from $557 million in Q4 2022 to $79 million in Q1, partly attributed to a 22% increase in revenue
Read More
Bitcoin (BTC) broke through $31,000 on April 14 as bulls hoped that altcoins would soon follow.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst eyes potential dip under $30,000 Data from Cointelegraph Markets Pro and TradingView captured new ten-month highs of $31,035 for BTC/USD on Bitstamp.The pair had risen gradually the day prior
Read More