[ad_2][ad_1] October saw the total value locked in all DeFi protocols close below the initial month value for the first time. Square Crypto sponsors a bitcoin wallet designer. A new civil lawsuit claims that BitMEX executives were plundering profits. At stake DeFi contractionIn the last week of October, the DeFi …
Read More »Because Bitcoin’s price and volume rise together is bad news for Ethereum, altseason
[ad_2][ad_1] Bitcoin (BTC) is sucking volume out of the entire cryptocurrency market as it continues to grow. This is causing a pullback in the alternative cryptocurrency (altcoin) market, which has seen increased selling pressure and low demand from buyers. On October 30, Santiment researchers spotted Bitcoin’s growing volume and dominance, …
Read More »US macro events are unlikely to completely derail Bitcoin’s price gains
[ad_2][ad_1] Tech equity indices, including the Nasdaq Composite and the S&P 500, have begun to recover. Amazon experienced high pandemic sales that resulted in profits tripling and a 37% increase in revenue. Facebook also surpassed Wall Street expectations, hitting $ 21.5 billion in revenue during the third quarter. Although the …
Read More »Blockchain Bites: Ripple’s MoneyGram Pump, OKEx’s Bitcoin Cash Plan, Bitcoin’s Birthday
[ad_2][ad_1] Ripple invested over $ 50 million in remittance company MoneyGram over the course of the business relationship between the companies. Forbes released an investigation detailing the Byzantine corporate structure Binance may have created to avoid US regulations. Ether grew as a share of Genesis Capital’s total loans. Upper shelf …
Read More »First Mover: Bitcoin’s latest rally proved irresistible as bitwise assets exceed $ 100 million
[ad_2][ad_1] Bitcoin was lower, disrupting a powerful rally that saw the largest cryptocurrency jump 25% in October to its highest levels since June 2019. Traditional financial media like Bloomberg News wrote about it. Prices appear to have reached resistance just below $ 13,900, close to last year’s high. But analysts …
Read More »Bitcoin’s fees increase 198% but Ethereum is even more profitable
[ad_2][ad_1] Bitcoin (BTC) transaction fees nearly tripled in three days, from $ 3.52 to $ 10.20 on average. According to Glassnode, the data aggregator of the cryptocurrency market, 22.25% of Bitcoin miners’ income currently consists of commissions, while the remaining 77.75% comes from bulk rewards. The fee revenue share is …
Read More »Bitcoin’s whale transfers $ 112 million in BTC
[ad_2][ad_1] A newly developed cryptography is currently gaining waves with the help of the world’s largest crypto exchange Binance. A few days ago the decentralized music streaming platform Audius (AUDIO) launched its encryption. The coin was trading as low as $ 0.04 on launch day, according to Coinmarketcap. READ: Crypto: …
Read More »XRP suffers from new lows against incoming bitcoins
[ad_2][ad_1] XRP / USD – The bulls are trading sideways after breaking the triangle Key Support Levels: $ 0.25, $ 0.245, $ 0.237.Key Resistance Levels: $ 0.261, $ 0.271, $ 0.28 .. Last week, XRP managed to break free from a symmetrical triangular pattern, but has since moved sideways from …
Read More »High Profile Cryptocurrency Trader Says Ethereum, XRP, and Three Small Cap Altcoins Are Ready to Break Out After Bitcoin’s Big Move
[ad_2][ad_1] Crypto Rand says a select number of altcoins including Ethereum (ETH) and XRP are poised to trigger bullish breakouts. Rand tells its 220,000 Twitter followers that Ethereum, referred to as “the money printer”, is poised to launch the next step as it violates the resistance of a bullish continuation …
Read More »Top traders say Bitcoin’s ledger chart points to a 2017-style BTC bull run
[ad_2][ad_1] Peter Brandt, a well-regarded veteran trader, recently stressed the high demand from institutions as a key catalyst for Bitcoin’s strong performance. 1 month BTC / USD chart. Source: TradingView The strong technical structure of BTC, especially the weekly chart, and the strengthening of the fundamentals are supporting the market …
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