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Bitcoin’s Fixed Supply Makes The Primary Beneficiary In Times Of High Fiat Inflation- Bloomberg’s Strategist

Bitcoin’s YTD performance of 45.95% in 2020 is impressive despite high volatility and underperformance in comparison to other digital assets like Ethereum and DeFi tokens. However, as the most dominant coin in the crypto market, Bitcoin serves as the point of reference for analysts’ evaluation of the crypto market vs. the traditional market. In a […] дальше »

2020-9-25 17:02


Can DeFi Survive Without CeFi? Bitrue’s Hybrid Solution Might Be The Middleground

Decentralized finance has been crypto’s defining motif this year, thanks in no small part to the ascendance of token mining solutions popularly known as yield farming. However, despite billions of dollars of crypto assets being locked into DeFi protocols, it has still to be determined whether decentralized finance can realize the lofty goals that inspired its creation, like banking the unbanked and providing greater financial inclusion. дальше »

2020-9-24 15:52


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Survey: Large Number of Yield Farmers Can’t Read Smart Contracts Despite High Risk

A new Coingecko survey has found that a large number of yield farmers do not know how to read smart contracts despite claiming they understand the risks that come with such investments. According to the survey, which polled 1,347 people, around 40% of decentralized finance (defi) users cannot comprehend the smart contracts they use for […] The post Survey: Large Number of Yield Farmers Can’t Read Smart Contracts Despite High Risk appeared first on Bitcoin News. дальше »

2020-9-23 04:00


Analysts Expect Bitcoin to Dip to Key “Liquidity Clusters” Before Rallying

Bitcoin has been facing some mixed price action as of late, with buyers and sellers both engaged in a heated battle for control of its near-term outlook Despite attempting to break below its last-ditch support between $9,900 and $10,000, BTC is now pushing back towards its key $11,000 resistance region Where the cryptocurrency trends next may depend largely on its reaction to this level One trader believes that Bitcoin may first take out a “liquidity […] дальше »

2020-9-18 02:00


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Uniswap’s UNI Holds Steady Despite Sell-Side Pressure; What Analysts are Saying

Uniswap – the decentralized crypto exchange of choice amongst traders and investors – sent shockwaves throughout the market with the launch of their native governance token called UNI. The launch of UNI was unlike any other seen before because everyone who had used the platform to trade – or contributed to its liquidity – prior […] дальше »

2020-9-18 00:00


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This Pivotal Level Could Trigger an Ethereum Correction Under $300

Analysts are fearful that Ethereum could drop under $300 despite strength in Bitcoin and legacy markets. Related Reading: This European Crypto Exchange Was Just Hacked for $5 Million Ethereum Could Move Under $300, Analysts Fear: Here’s Why Ethereum is risking a drop under $300 due to it reaching a pivotal resistance region in the $380 region. […] дальше »

2020-9-17 13:00


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Bitcoin Miner Outflows a Grave Sign for BTC Despite $11,000 Breakout

Bitcoin has seen some intense strength throughout the past several days, with the cryptocurrency marching from lows of $9,900 to highs of over $11,000 that were set today. This strength is somewhat unique in that BTC is the only major cryptocurrency currently marching higher, as most others are stuck within consolidation phases or downtrends. Ethereum, […] дальше »

2020-9-17 05:00


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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300

Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »

2020-9-16 23:00