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This Fundamental Metric Suggests Bitcoin is in the Early Stages of a Bull Run

Bitcoin and the entire crypto market was able to see a push higher yesterday afternoon, which came about shortly after Ethereum surged past its near-term resistance level ETH, which was previously stuck below $400, incurred an explosive rally that sent its price racing up to highs of $430 This provided BTC with a slight tailwind, but the benchmark cryptocurrency remains stuck below its $12,000 resistance Despite its technical weakness, from a fundamental standpoint, it appears […] дальше »

2020-8-15 21:00


History Suggests Bitcoin Could Soon See a Rapid Rise to Fresh All-Time Highs

The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000 Each attempt that bulls have made to break through this level has resulted in firm rejections that send its price reeling down towards the mid-$11,000 region Despite showing some signs of weakness, the cryptocurrency remains well-positioned to see further near-term upside – […] дальше »

2020-8-12 21:00


DeFi’s Explosive Growth Curve Hits Nearly $12B Market Cap, As Yield Farming Frenzy Continues

The decentralized finance (DeFi) ecosystem is blooming as both the total market capitalization and total value locked (TVL) on these platforms, set record highs over the weekend. The market cap of DeFi-based tokens is nearing an impressive $12 billion mark after an explosive 62% weekly increase in Chainlink (LINK) price, which set an all-time high […] дальше »

2020-8-10 15:34


Ethereum’s MA50 Just Broke a 500-Day Consolidation Phase; What This Means

Ethereum has been consolidating alongside Bitcoin and most other major altcoins throughout the past several days. This consolidation phase comes close on the heels of the strong upwards movement that sent the cryptocurrency surging from recent lows of $230 to highs of $415 that were set last Saturday. Ever since it faced a rejection at […] дальше »

2020-8-9 04:00