Cryptocurrency Analysis and News Portal
Wednesday’s move in FTM follows gains for tokens of other layer 1 blockchains. A basket of three leading Ethereum competitors, Solana, Terra and Avalanche – dubbed the SoLunAvax trade – has gained 400% since May. Some high-profile funds, such as Singapore-based Three Arrows Capital, have even cut back from
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LUNA, the native token of decentralized payments network Terra, bumped to over $100 in European hours on Friday to lead a ‘Santa rally’ in crypto markets.Traders took advance of Thursday’s 10% decline to $85 to bring LUNA back to its previous high of $96 in early Asian hours. Then an
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Ethereum is up 5% and the bulls pumped the price above $4,000 against the US Dollar. ETH price could continue to rise if it stays above the $3,920 support. Ethereum gained pace for a move above the $3,850 and $3,920 resistance levels. The price is trading above $4,000 and the 100 hourly
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Dogecoin rose 33% after Tesla CEO Elon Musk said the electric carmaker would accept dogecoins as payment for its merchandise.“Tesla will make some merch buyable with Doge & see how it goes,” Musk tweeted.Dogecoin prices rose to as high as $0.20 following Musk’s tweet. They fell to $0.18 after the
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After the release of the October CPI data, bitcoin shot up by almost $3,000 to quickly print a new all-time high of $68,950. But within a few hours, the move reversed completely, and prices fell as more traders shifted to focus on the logical consequence of faster inflation: monetary-policy tightening
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Digital Currency Group CEO and founder Barry Silbert has purchased more ZCash to add to his company’s coffers as the price of the token moved above $240 for the first time in days.In a Wednesday tweet to his more than 678,000 followers, Silbert announced the purchase of $85 million in
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Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: $56,000 may have been resistance flipData from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 2% in an hour Wednesday, canceling
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A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is roughly $2.6 trillion. These days, it’s safe to say that dollar-pegged tokens, otherwise known as stablecoins, have a strong presence
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Crypto wallet provider BRD said “nothing will change” for users following an acquisition from major U.S. crypto exchange Coinbase.In a Wednesday letter to BRD users, CEO Adam Traidman and co-founder Aaron Voisine said some of the company’s team members would be moving to Coinbase to continue working on crypto wallets.
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The bullish move in SAND, the native cryptocurrency of the blockchain-based virtual world The Sandbox, gathered steam after a tweet by the German sporting goods manufacturing giant seemed to confirm a relationship between the two companies.The token has rallied 25% in the past 24 hours, hitting record highs above 47
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