Why Bitcoin Price Is Gearing For Another Lift-Off To New ATH

Bitcoin price is showing positive signs above $58,500 and $59,500 against the US Dollar. BTC is likely to accelerate higher above $61,000 and $62,000 in the near term. Bitcoin gained bullish momentum above the $58,500 and $59,200 resistance levels. The price is now trading above the $60,000 support and the 100 simple moving average (4-hours). […]

Why this OlympusDAO’s product could be amongst DeFi most lucrative

Taking the market by storm, OlympusDAO’s native OHM is up 95.8% this week alone and 31.1% in the past two weeks. At the time of writing, OHM is trading at $812,76 with 7.3% profits in the 24-hour chart. With a market cap of just $68 million, OlympusDAO might have gone unnoticed by many investors. However, […]

How Bitcoin back above $60,000 could create a powerful upside move

After a consolidation phase spread over the last few weeks, Bitcoin is trading back above $60,000. With 3% gains in the daily chart, at the time of writing, and 2% profit in the weekly chart BTC still looking for confirmation on its rally. BTC with bullish momentum in the 24-hour chart. Source: BTCUSD Tradingview As […]

How Ripple’s big win in court correlates with XRP’s 113% rally

The bulls ride again on XRP’s side, as the token breaks about $1. On the legal subject, things seem to be going well for Ripple’s corner as rumors of an SEC settlement grow louder. Back in December, the Commission hit Ripple Labs, executive Brad Garlinghouse, and Chris Larsen with a lawsuit for the alleged illegal […]

LA Real Estate Mogul Buys Bitcoin, Accepts BTC For Rent

A massive LA-based luxury real estate firm has begun accepting Bitcoin for rent payments. In addition to loading up on BTC for its corporate reserves, the company has also tapped popular exchange Gemini to help build a crypto centric ecosystem for its retail, residential, and resort customers. Rick Caruso and Caruso Real Estate Tap Gemini […]

Why Bitcoin could favor USD dominance over Digital Yuan

Contrary to what many in the crypto space are discussing, Senior Commodity Strategist for Bloomberg, Mike McGlone, has made the case for Bitcoin being beneficial for the U.S. dollar over China’s digital Yuan. According to McGlone, the cryptocurrency is “eclipsing” Yuan’s global adoption. Specifically, the U.S. dollar is showing “organic adoption” in the digital ecosystem, […]

How Injective and Band Protocol will take DeFi to the next level

Injective Protocol has announced that it will expand its partnership with Band Protocol. As such, it will operate a validator node for BandChain. In exchange, Band Protocol will begin participating in Equinox Staking, according to an official post. This is part of Injective Protocol’s testnet preparations for its upcoming mainnet deployment. Injective is a second […]

Up 700% in Q1, BNB’s next rally could be one for the “history books”

Crypto research firm Messari released this Q1 Performance Recap, the undisputed winner on the top assets was Binance Coin (BNB) with an astonishing 709% in profits. Followed by ADA (557%) and UNI, BNB seems ready to continue its rally. Conducted by researcher Roberto Talamas, he concludes Binance Coin’s rally was fuel by the emergence of […]

Ripple CTO Hints at XRP Ledger Upgrades to Enable an NFT Strategy

Ripple CTO David Schwartz said the firm is currently working on a non-fungible token (NFT) strategy. He added that based on observations, people care little about the underlying technology, only the NFT itself and the user experience. “Ripple is currently working on an NFT strategy. I think the key element here is the user experience, […]

Radio Host Dave Ramsey Warns Bitcoin Investor of His “Vegas Problems”

Dave Ramsey told a caller, seeking advice on his Bitcoin holdings, he has “Vegas problems.” Offering his advice on what he would do, the radio host unceremoniously recommended the caller cash out tomorrow. “You’ve got Vegas problems, man. You walked up to the slot machine, put a quarter in and it dumped a bunch of […]

Bitcoin Selling Pressure is Declining, Hints Key Glassnode Indicator

Even as the bitcoin market shows signs of bullish exhaustion after logging a 1,500-percent-plus upside move in the previous 13 months, all is not lost. Investors with a long-term growth outlook still want to hold onto the flagship digital asset, iterating their expansive bullish stance on it. The analogy appears out of a chart from […]

The Second Edition of NFT Awards Announced, Intense Competition Expected

The second edition of NFT Awards is now here. Digital Entertainment Asset Pte Ltd (DEA), a Singapore based new-age digital entertainment major has announced the NFT Awards 2021 – an exercise that enables the crypto industry to recognize some of the best NFT creators and reward them for their contributions to the space. The entire […]

TA: Bitcoin Reclaims 100 SMA, Here’s Why BTC Could Resume Uptrend

Bitcoin price started a fresh increase above the $57,500 resistance against the US Dollar. BTC is showing positive signs above $58,000 and the 100 hourly SMA. Bitcoin remained well bid above the $56,000 level and it started a fresh increase. The price is now trading above the $58,000 level and the 100 hourly simple moving […]

Bitcoin Reclaims $58K After Fed Underscores Continued Recovery Support

Bitcoin rallied on Thursday after the Federal Reserve vowed to support the economic recovery in the United States. The benchmark cryptocurrency jumped 3.80 percent to $58,083 after declining two days in a row. Meanwhile, its rivals across the crypto space, including the second-largest token Ethereum and its runner-up Binance Coin, also surged higher. Almost all […]

This is why Uniswap v3 could have “insane efficiency”

With a tentative deployment date set for May 5th, 2021, the third iteration of decentralized exchange Uniswap is amongst the most hype projects in the crypto space. Its newest features offer its user more flexibility to leverage earning strategies. However, the creator of Uniswap, Hayden Adams, claims there is much more to the update. Via […]

Will the U.S. second oldest bank State Street start trading crypto?

According to a press release, one of the most important banks in the U.S. State Street will partner with start-up Puremarkets. The cooperation will enable State Street’s Currenex, a “high performance” trading technology provider, to work with the start-up on a crypto trading platform. In parallel, the partners might explore “the digital currency trading space”. […]

Number Of Bitcoin Mentions In Company Earnings Reports Goes Parabolic

Among the many reasons for the ongoing bull run in Bitcoin, has been the emergence of corporations and businesses adding BTC to their company treasury reserves. The sudden increase in demand for large sums of BTC during a period of low supply has caused prices to go parabolic. Interestingly, so have the numbers of mentions […]

How Grayscale Bitcoin Trust at a discount could change everything for BTC

After spending the entire month of March at a loss, the downtrend in Grayscale Bitcoin Trust premium has extended.  At the time of publication, the premium stands at -11.45%, near its all-time low at -14%. GBTC trading at a discount. Source: Ycharts In contrast, the Canadian Purpose Bitcoin ETF had a nearly month-long streak at […]

PancakeSwap Gunning For Uniswap as CAKE Hits $20 ATH

PancakeSwap, the DEX that bills itself as a faster and cheaper alternative to UniSwap, hit an all-time high today of $20.69. The total value locked in the Binance Smart Chain (BSC) also hit an all-time high recently, at $24.4bn. The platform has been operational for half a year, compared to two and a half years […]

Why This Trader Expects a Huge Binance Coin (BNB) Uptrend Forming

Binance Coin (BNB/USD) is bracing for a massive bullish move in the sessions ahead, a trend that could see the exchange token rise above $450. The analogy comes from an independent analyst on Twitter, operating under the pseudonym of Crypto Kaleo to distribute day-to-day cryptocurrency updates across its 142,000 followers. Kaleo predicts a wild upside […]

Erik Voorhees: Selling Unregistered Securities is a Made up Crime

Erik Voorhees, the CEO and Founder of non-custodial exchange Shapeshift, plays down the severity of selling unregistered securities. Speaking about the time when the Securities and Exchange Commission (SEC) charged him for publicly offering shares without registering them, Voorhees said: “it was a total garbage non-crime and I had to deal with them for close […]

Phemex Launches OTC Trading, Enables Crypto Purchase with Bank Transfers

Phemex, the fastest crypto exchange and futures trading platform has introduced OTC Trading service in partnership with Legend Trading — a Silicon Valley-based, regulatory-compliant OTC trading service. With this new addition, users on Phemex can now safely buy and sell cryptocurrencies through USD wire transfer as well as other options, including credit cards and supported […]

TA: Ethereum Dips Below $2K, Here’s What Could Trigger A Fresh Increase

Ethereum extended its decline below the $2,000 support against the US Dollar. ETH price is now consolidating losses and it could start a fresh increase if it clears $2,010. Ethereum extended its decline below the $2,050 and $2,000 support levels. The price is now trading well below $2,050 and the 100 hourly simple moving average. […]

TA: Short-Term Bearish? Why Bitcoin Price Could Struggle Above $57.5k

Bitcoin price extended its decline and tested the $55,500 support against the US Dollar. BTC is now recovering, but it is likely to face a strong resistance near the $57,500 level. Bitcoin failed to hold the $57,000 zone and extended its decline towards the $55,500 level. The price is now trading well below the $57,500 […]

Why JP Morgan’s CEO calls Bitcoin regulation a “serious issue”

In his annual letter to his shareholders, J.P. Morgan Chairman and CEO Jamie Dimon addressed the status of regulations towards Bitcoin and cryptocurrencies in the United States. At the beginning of the letter, Dimon calls 2020 a “strong” year for the banking institution in spite of the pandemic Covid-19. Dimon seems to have changed his […]

Solana smashes all resistance to reach ATH, why it could go much higher

Smart contracts platform Solana has performed undaunted by the bears’ onslaught. In the past month, SOL has posted gains exceeding 92%. Its features and applications promise an extension in its uptrend. Firm Sino Global Capital has published a report pointing out Solana‘s strong points. From its low latency, high performance, its operability with the Proof […]

Powerful Bottom Signal Spotted In XRP, But There’s A Catch

XRP price is back trading at right around a dollar per token, but according to a rare bottoming pattern spotted by a legendary technical trader on the Bitcoin trading pair, the surge is only just getting started. However, there’s a catch. When it comes to this particular chart pattern and crypto – the same trader […]

How Ethereum has outperformed Bitcoin by 250% since inception

With a 3,7% loss in the last week and 2.7% in the last hour, Bitcoin’s price sits near critical support. On the other hand, Ethereum managed to climb to a new all-time high and sits on top of two fast-growing sectors: DeFi and NFTs. Former Goldman Sachs Executive Raoul Pal has shown data to demonstrate […]

Kimchi Premium Puts Bitcoin Lower Ahead of Fed Minutes; What’s Next?

Bitcoin prices dropped lost 3.12 percent in early trading Monday, while the rest of the crypto market followed suit, turning lower aggressively after their record-setting bull runs at the start of this week. Bitcoin wobbles around $56,000. Source: BTCUSD on TradingView.com At first, it appeared like a regular profit-taking exercise among western day-traders against overvaluation […]

Palihapitiya Replies to Munger’s Bitcoin is a “Scum Ball Activity” Assessment

The Founder of Social Capital, Chamath Palihapitiya said Buffett, Munger, and Gates are wrong about their negative assessment of Bitcoin. Like Buffett and Munger, the Canadian venture capitalist is also considered something of a savvy investor. However, when it comes to cryptocurrency, that’s where the similarities end. Palihapitiya Defends Bitcoin During a CNBC interview, a […]

Rich Dad Poor Dad’s Kiyosaki is Buying More Bitcoin Today, But Why?

People usually buy Bitcoin in hopes that they would be able to sell it to others for higher profits. But for a celebrated financial expert like Robert Kiyosaki, Bitcoin is an opportunity to break away from government surveillance. The ‘Rich Dad Poor Dad’ author delivered a tweet Wednesday morning in which he said that he […]

XRP Re-Takes 4th Spot on CMC; Ripple Boss Says “Today Was a Good Day”

Ripple CEO Brad Garlinghouse tweeted, “Today was a good day.” And he’s right; there’s a lot for XRP investors to be pleased about right now. Chief among which is how yesterday’s court hearing did not go the way the SEC had anticipated. Today was a good day. — Brad Garlinghouse (@bgarlinghouse) April 6, 2021 SEC […]

TA: Bitcoin Corrects Below $58K, But Here’s Why Uptrend Is Still Intact

Bitcoin price failed to surpass the $59,500 resistance against the US Dollar. BTC is now trading below $58,000, but it is still above important supports such as $56,500. Bitcoin failed to gain strength above the $59,200 and $59,500 resistance levels. The price is now trading below the $58,250 support and the 100 hourly simple moving […]

XRP Targets New All-Time Highs After Surviving SEC Slaughter

XRP is now trading at $1 or more, even despite the parent company Ripple still being locked in a legal battle with the United States Securities and Exchange Commission. Not only does the recent pump prove the power of borderless cryptocurrencies, but it takes the token to a key technical level that if broken, should […]

This is why Coinbase $1.8B Q1 earnings are bullish for Bitcoin

Within a week of its IPO, Bitcoin and crypto exchange Coinbase has generated great hype. Its earnings report for Q1 2021 could have an impact that will be felt throughout the crypto market. Coinbase Will go public on April 14th, after some controversy. The exchange’s estimated valuation sits at $100 billion and will resale up […]

Litecoin On The Verge Of Monster Move Against Bitcoin

Litecoin has been among the worst performers in the crypto market in 2020 and 2021 thus far, despite the coin’s longevity in the top ten assets by market cap. The coin’s fortunes could soon turn completely around, due to what looks to be a monster-sized move brewing against Bitcoin on the altcoin trading pair. Here’s […]

How Coinbase, Square and Fidelity will support Bitcoin

To contribute to Bitcoin and crypto regulation, 4 prominent partners have formed the Crypto Council for Innovation (CCI). Created by investment firm Paradigm, crypto exchange Coinbase, payment processor Square, and investment firm Fidelity Digital Assets. The initiative aims to lobby on behalf of the cryptocurrency industry, conduct research, and promulgate the benefits of this asset […]

How Chainlink’s (LINK) 22% rally could be just the start

Despite a slight pullback in Bitcoin and Ethereum prices, Chainlink remains strong. With a 22% rally in the last week and 4.1% on the daily chart, LINK stands as one of the biggest gainers in the top 10, trading at $33.07, at the time of writing. LINK on a bullish trend in the 24-hour chart. […]

NFTs Will Emerge Stronger After The Bubble Bursts

Peter Wood, the CEO of up-and-coming UK exchange CoinBurp, believes NFTs are caught in a bubble that will eventually pop. However, Wood says that much like cryptocurrencies consolidated through crypto winter to emerge stronger, so will NFTs after the pop. Signs of Digital Art NFTs Cooling Following the record-breaking $69.3mn sale of Beeple’s The First […]

Meet the Projects Unlocking Illiquid Markets

When it comes to investments, liquidity is an important part of the equation. After all, a liquid market means you can easily enter and exit a market without suffering from excess slippage. However, there are a number of asset classes that generally offer a range of incredibly lucrative investment opportunities, but currently suffer from either […]

Déjà vu: Bitcoin Setup Near $60K Looks Similar to $20K-Breakout Delay

Bitcoin is stuck near $60,000. Some analysts think the cryptocurrency would break the level to the upside and establish a new record high. Meanwhile, a section believes that the price would crash back towards $50,000. Amid the conflicting scenarios, Dr. Jeff Ross, the founder/CEO of Vailshire Capital Management ̦— a Colorado-based hedge fund, believes the […]

Kevin O’Leary Predicts Emergence of Distinct Clean vs. Dirty Bitcoin Markets

We’re all familiar with the concept of organic vs. non-organic food, but Shark Tank’s Kevin O’Leary sees a similar distinction being applied to Bitcoin. He predicts the divergence of Bitcoin into two classes, the clean “virgin” coin mined using renewable energy in “whitelisted” countries, and, in reference to the diamond trade, what he calls “blood […]