Compound (COMP) Surges 15% as Ethereum’s DeFi Space Continues to Swell

Compound (COMP) has been embroiled in a strong uptrend over the past day as decentralized finance continues to gain steam. According to Coin Market Cap data, the cryptocurrency has gained 15% against the U.S. dollar in the past 24 hours. For context, both Bitcoin and Ethereum have both gained approximately 2.5% over that same time […]

Ripple (XRP) Signaling Fresh Rally After This Key Technical Breakout

Ripple is forming a strong support base above the $0.2800 level against the US Dollar. XRP price is showing positive signs and it seems like it could rally above the $0.3100 and $0.3200 levels. Ripple is rising again after forming a major support base above $0.2800 against the US dollar. The price is currently trading […]

Ethereum Transaction Fees Are Reaching Highs Not Seen Since 2015

Despite stagnation in the value of ETH, demand for Ethereum transactions continues to increase day after day. This is largely due to the growth seen in what is known as decentralized finance — or “DeFi.” Coins and protocols pertaining to this space are largely based on Ethereum, meaning that the network has racked up countless […]

Bitcoin Price Holds Strong Above $11,500: A Strong Case for Upside

Bitcoin bounced back sharply after testing the $11,500 support zone against the US Dollar. BTC is likely to accelerate higher above $12,000 as long as it is above the 100 hourly SMA. Bitcoin is trading well above the $11,800 and $11,500 support levels. The price is facing a couple of hurdles near the $12,000 and […]

Band Protocol’s Strong Uptrend Backed by 42% Surge in Unique Addresses

BAND – the token associated with Band Protocol’s decentralized oracle network – has been one of the best performing digital assets in recent weeks, surging by 32x since the start of the year. A good portion of these gains have come about over the past few days, with the token’s uptrend turning parabolic after news […]

Matic Network Shoots 15% Higher—Why Analysts Are Expecting More Upside

While Bitcoin and Ethereum have stalled over the past 24 hours, Matic Network (MATIC) has broken out. The prominent altcoin, currently the 96th largest by market capitalization, is up 15% in the past 24 hours alone. This means the asset is outpacing BTC by 13.9% and ETH by 13.7%. Analysts expect more upside for the […]

Tezos (XTZ) Is Preparing For Another Leg Higher as Chart Strengthens: Analysts

Tezos (XTZ) has been one of the best-performing cryptocurrencies of the past few days. The cryptocurrency surged approximately 15% this weekend once it cracked the pivotal $3.40 resistance. XTZ now trades for $3.75 — up 7% in the past 24 hours. This is a performance better than that of Bitcoin and Ethereum, which are both […]

Indicator Shows Tezos (XTZ) May Rally Past $5.20 Before Facing Resistance

Tezos has been outperforming many of its larger counterparts throughout the past few days as XTZ journeys up towards $4.00. This strong price action has allowed the cryptocurrency to hit fresh yearly highs late-yesterday, and its momentum isn’t showing signs of slowing down anytime soon. The cryptocurrency is now on the cusp of shattering its […]

XRP Could Start a “Moon Mission” if it Holds One Crucial Level

XRP has seen some mixed price action in recent weeks. After incurring an explosive rally that sent its price surging up towards $0.33 last week, it has been consolidation below its $0.30 support, struggling to garner further strength. Analysts are noting that this ongoing consolidation phase may simply be the calm before the storm. One […]

Economist: Early Days of Bitcoin Uptrend Are Here, Breakout Has A Long Way To Go

Bitcoin price is on fire again, after spending three full months trading sideways. After busting through resistance at $10,000 and out of its downtrend, the asset quickly rocketed to over $12,000. Still, one economist says that this is just the “super early days” of Bitcoin’s next uptrend. And the monthly crypto chart shows that this […]

Laws Of Parabola Suggest Surging BAND Crypto At Risk Of Deep Correction

Band protocol may be following in Chainlink’s fiery footsteps, rising nearly 9000% in the last few months. The crypto altcoin has gone fully parabolic, which has rewarded early investors handsomely. However, when parabolic advances break down, they often correct by 80% or more. Is the altcoin headed towards a deep correction, or will the asset […]

Be Fearful: Crypto Market Greed Reaches Second Highest Point In History

With Bitcoin pumping, major altcoins flying, and new all-time highs being set, the crypto market fear and greed index is tapping highs not seen in over a year. In fact, the metric has achieved the second-highest reading in the index’s history. What does soaring crypto market greed potentially reveal about where the current uptrend stands? […]

Here’s Why Traders are Growing Cautious About Bitcoin’s Current Outlook

Bitcoin attempted to shatter its $12,000 resistance yesterday, which ultimately resulted in a rejection that led it down towards $11,700. At this price level, however, buyers stepped up and absorbed the heavy selling pressure, subsequently pushing the benchmark cryptocurrency up towards $11,900 before its momentum began slowing. The key resistance that sits just above its […]

DeFi Token MFT Hits Quarterly High Following 84% Rally; What’s Next?

MFT surged 84 percent in just three days to hit its topmost quarterly level. The native token of Mainframe, a decentralized finance (DeFi) project that offers fixed-rate lending and borrowing services, topped at 0.3460 as of 1218 UTC Monday. The gains appeared amid a market-wide craze for DeFi projects that saw many of MFT’s peers […]

Six Creative Ways to Use Your BTC Post-Bull Run

With the bull run of BTC upon us, and Bitcoin surpassing the $10,000 benchmark, now might be as good a time as ever to use your BTC before the volatility heads back south. It’s been a while since we got above this psychological breakpoint, and many analysts suggest that eventually, Bitcoin will sink lower again. […]

Yearn Finance (YFI) Rallies 55% in One Hour after Binance Listing

Yearn Finance’s YFI pops up by 55 percent in just one hour. The jump comes after Binance announces that it is listing YFI pairs on its trading platform. The Yearn Finance founder Andre Cronje further pumps the hype by making a blusterous announcement. Yearn Finance’s native token YFI surged in an early session Monday after […]

DeFi Boom: Compound, THORChain, Kava & More Gains Dozens of Percent

Multiple decentralized finance (DeFi) focused cryptocurrencies have seen parabolic performances in the past few days. This comes in spite of the fact that Bitcoin finally broke out on Monday morning, surging from the $11,700 it was holding at to $12,100 in a rapid rally. Analysts expect this interest in coins like Band Protocol (BAND), Balancer […]

Technicals Suggest Chainlink (LINK) Could Surge Further Above $15

Chainlink (LINK) rallied close to $14.500 before starting a downside correction against the US Dollar. It is currently holding the $12.500 and it seems to be aligning for more gains above $15.000. Chainlink token price is trading in a strong uptrend above $12.500 and $13.000 against the US dollar. The price is likely to accelerate […]

“Rich Dad Poor Dad” Author: Bitcoin Could Soon Become the “Fastest Horse”

Bitcoin has been one of the better-performing assets of the past few weeks, but a prominent financial educator says that the asset could become the fastest horse in the race. Bitcoin Could Soon Become the Fastest Horse in the Race According to Robert Kiyosaki, the author of “Rich Dad Poor Dad,” Bitcoin could soon become […]

Bitcoin Just Broke $12K To Start A Fresh Cycle of Strong Uptrend

Bitcoin is gaining momentum and it recently crossed $12,000 against the US Dollar. BTC is showing positive signs and it is likely to continue higher towards $12,400. Bitcoin is trading in a nice uptrend above the $11,800 and $12,000 levels. The price traded to a new monthly high at $12,084 and it is currently well […]

Analysts Expect Ethereum to See an Explosive Rally to $440; Here’s Why

Ethereum has been hovering around the $390 region throughout the past several days and weeks, struggling to break above $400 due to the heavy selling pressure that has been established at this price level. The cryptocurrency has formed an incredibly tight correlation to Bitcoin, which is currently trading within the upper-$11,000 region. Analysts are noting […]

Scarily Accurate Analyst Thinks Bitcoin Will Hit $15,000 by September

Bitcoin has stagnated in the mid-$11,000s over the past few days despite a surge in the value of altcoins. As of the time of this article’s writing, the leading cryptocurrency is trading for $11,700. Although this is a price higher than it was at last week’s candle close, there are some that do not believe […]

An Analyst Isn’t Counting Out the Scenario Where Bitcoin Drops to $8,000

Disregarding the ongoing consolidation, Bitcoin has seen an explosive price performance in the past two weeks. In that time frame, the leading cryptocurrency has gained approximately 25.8%. While this latest move higher brought the cryptocurrency above critical resistance levels in the $10,500 range. $10,500 acted as a point at which three separate Bitcoin rallies topped, […]

Retail Investors are Flooding into Bitcoin as Likelihood of Explosive Rally Grows

Bitcoin’s price has been caught within a strong uptrend throughout the past several weeks, although this momentum is showing some signs of stalling as the cryptocurrency consolidates within the upper-$11,000 region. Analysts are now noting that BTC may soon see a strong uptrend due to inflows of capital from retail traders who are just entering […]

Blockchain-IoT Project Xensor (XSR) Now Listed on OKEx

Earlier this week, the leading cryptocurrency spot and derivatives exchange platform OKEx announced the listing of Xensor (XSR), a futuristic project designed to meet the requirements of smart cities by integrating IoT with blockchain technology. As a part of the listing, OKEx opened XSR deposits on August 4, 2020, followed by spot trading against USDT […]

Here’s Why Ethereum Holding Above $400 Could Unlock a Massive Surge

For the umpteenth time in the past week, Ethereum was rejected at the critical $400 resistance during Saturday’s rally. The cryptocurrency failed to decisively hold above that level despite the rallying in the value of altcoins. As of the time of this article’s writing, ETH trades for $395, just shy of the aforementioned resistance. Analysts […]

XRP Price Could Soon Rally 30% Towards $0.40 After Parabolic Surge

Over the past 24 hours, many facets of the altcoin market have ripped higher as Bitcoin, Ethereum, and XRP have entered a short-term consolidation pattern. As reported by NewsBTC, Chainlink (LINK) posted a 40% one-day performance at one point in the past 24 hours. Countless other altcoins, even other large-caps, posted similarly as impressive performances. […]

Ethereum Could Soon Burst Past $400: This Eerie Fractal Shows Why

Ethereum is preparing for another massive breakout, according to a fractal analysis by a cryptocurrency trader. This comes after ETH underwent a strong drop on Friday, responding to a drop in the value of gold and U.S. equities. Related Reading: Crypto Tidbits: Bitcoin Explodes Past $11k, Ethereum 2.0 Nears, Cardano’s Shelley Launches Ethereum Could Soon Break […]

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 […]

Bitcoin Derivatives Data: the Rally to $11,500 Likely the Start of a Greater Move

Bitcoin has stalled in the high-$11,000s over the past few days after the cryptocurrency faced its second rejection at $12,000. As of the time of this article’s writing, the cryptocurrency trades for $11,650. This is a price above critical support levels such as $10,500 and $11,500, but it is clear that the uptrend Bitcoin was […]