A “stablecoin” is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price. Cryptocurrencies such as Bitcoin and Ethereum offer a number…
Next DeFi Boom to Come Out of “Useless”…
As the decentralized finance sector explodes in value, a recent Messari report indicates that the so-called DeFi boom is likely to continue. Researcher Ryan Watkins wrote that a capital shift from “useless” cryptocurrency projects might…
Why Bitcoin May Be In For a Fall…
Bitcoin risks plunging back towards $6,000 purely based on a historical technical setup. The analogy appears after switching a BTC/USD chart from normal to a more precise logarithmic scale. It shows that the cryptocurrency has…
Cardano Mainnet Goes Live Today, Here’s What to…
After five years of development, Cardano will launch the Shelley mainnet today at 21:45 UTC. The weekend saw a frenzy of activity from developers, IOHK, who were busy performing last-minute checks and tests to ensure…
Bitcoin Cash Rally Reaches $300 and Technicals Indicate…
Bitcoin cash price rallied over 8% and it broke the $250 and $260 resistance levels against the US Dollar. BCH is likely to continue higher above the $300 barrier. Bitcoin cash price is gaining momentum…
The Last Time This Indicator Flashed, Bitcoin Surged…
Bitcoin’s price has been steady within the lower-$11,000 region, which seems to indicate that it is coiling up to make another push higher in the near-term. Overnight, the benchmark cryptocurrency did face some turbulence when…
Analyst: Bitcoin’s 20% Surge Ruptured DeFi Boom, Projects…
While Bitcoin was trading sideways, small-cap altcoins, decentralized oracles, and DeFi tokens were the stand out crypto market performers for several months. However, as the first-ever cryptocurrency and Ethereum began pumping over the last week,…
Deribit Options Market Sees Record High Volume as…
The structure of the entire cryptocurrency market has been shifting throughout 2020, with traders placing an increased emphasis on options contracts to capitalize on the volatility seen by Bitcoin and other digital assets. The options…
Wall Street Veteran Says Bitcoin on Track to…
Bitcoin is surging higher after consolidating under $10,000 for a number of weeks and months. As of this article’s writing, the leading cryptocurrency is trading at $11,000 — a price nearly 20% higher than it…