Filecoin (FIL) accumulated 65% gains over the past 30 days to reach its highest price since June 8. The recent strength was accelerated after an Aug.6 partnership with Chainlink’s oracle protocol on Aug. 6 allowed the projects to join their grant initiatives to speed up the development of hybrid smart contracts to leverage code running …
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There was widespread celebration across the crypto ecosystem on Aug. 23 after the sight of Bitcoin (BTC) back above $50,000 triggered a resurgence of calls for the top cryptocurrency to reach $100,000 before the end of 2021. Data from Cointelegraph Markets Pro and TradingView shows that the early morning bullish momentum that lifted the price …
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Major cryptocurrency exchange Binance is pushing back against allegations of market manipulation and working against the interest of its users. In a Monday Twitter thread, Binance seemingly laid the blame for any claims of manipulating the crypto market on publications spreading fear, uncertainty, and doubt as well as certain individuals impersonating employees at the exchange. …
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Bitcoin Price Prediction – August 23 The Bitcoin price restarts the uptrend after crossing above the critical barrier of $49,000 to touch the daily high of $50,499. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $55,000, $57,000, $59,000 Support Levels: $45,000, $43,000, $41,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD looks green …
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It is not a secret that cryptocurrency has been struggling to find its place in the world. The problem is not that it does not have any value, as many people are happy to use it for transactions without conversions into fiat currency. The issue is with governments and regulations. Some believe cryptocurrency needs regulation, …
Continue reading “Not banks, not memecoins: Is crypto’s biggest hurdle a political one?”
American rapper Micheal Ray Nguyen-Stevenson, better known by his stage name Tyga, plans to take advantage of OnlyFans banning sexually explicit content by launching a direct competitor for the popular platform, which flourished during the pandemic. Set to affirm itself more as a forum for musicians, fitness instructors and chefs than sex workers, the popular …
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Bitcoin Price Prediction – August 23The BTC/USD market transaction keeps an increment in line with the bullish channel trend lines drawn for sessions until the present. The crypto’s percentage rate amounted to a positive number of 2.85 to trade around $50,418 as of writing. BTC/USD Market Key Levels: Resistance levels: $52,500, $50,000, $57,500Support levels: $45,000, …
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As August runs to an end, we examine some of the top crypto to buy this week for huge returns. We consider some heavy hitters such as Bitcoin due to its recent price action and influence in the market. Other bigwigs selected in our roundup include Cardano, RUNE, Telcoin and Binance Coin. 5 Top Crypto …
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Banking titans JPMorgan and Wells Fargo are gearing up to launch new Bitcoin funds in collaboration with crypto giant New York Digital Investment Group (NYDIG), according to filings with the U.S. Securities and Exchange Commission (SEC). NYDIG is a Bitcoin-focused technology and financial services company and subsidiary of investment management company Stone Ridge Asset Management. …
Global payments giant PayPal is launching cryptocurrency offerings to UK customers for the first time. UK PayPal users, including those in the US, are now able to buy, sell and hold Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) through the company’s website and mobile app. ADVERTISEMENT The move is PayPal’s first …
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Bloomberg, a global business and financial news giant, is expanding its coverage of the crypto markets with a new decentralized finance (DeFi) index. In a new press release, Bloomberg says the company is teaming up with digital asset manager Galaxy Digital to launch Bloomberg Galaxy DeFi Index, which will use the ticker symbol “DEFI.” The …
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XRP could be on the heels of one of the biggest rallies its ever had, according to a closely-followed crypto trader. In a new strategy session, the pseudonymous trader known as Credible Crypto says he believes XRP is destined to reach somewhere between $20-$30 this bull cycle. ADVERTISEMENT Looking at XRP’s abrupt 1000% rally …
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The price of Bitcoin (BTC) is back at the $50,000 level, and there’s little doubt that the 47% positive rally over the past 30 days has been fueled by whale accumulation, institutional adoption and positive remarks from regulators regarding a possible exchange-traded fund (EFT) approval. Despite the positive newsflow, the top traders at crypto exchanges …
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Liquidity market protocol BENQI has reached $1 billion in total value locked, or TVL, less than a week after launching on the Avalanche (AVAX) network, a major milestone that highlights the explosive growth of DeFi lending services. Benqi Finance announced the milestone on Twitter late Sunday, where it thanked its community for the overwhelming support. …
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Bitcoin (BTC) rallied above the psychological hurdle at $50,000 today for the first time since May 15. The sharp rally of the past few days has turned the sentiment bullish with many expecting the resumption of the bull run. Morgan Creek Digital co-founder Anthony Pompliano told CNBC on Monday that Bitcoin could make a blow-off …
Continue reading “Price analysis 8/23: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH”
