Oct 18 2020

Crypto Market Forecast: W/C 19th October 2020

Oct 18 2020 Published at BNC insights feed

A curated weekly summary of forward-focused crypto news that matters. This week - ongoing OKEx withdrawal suspension causing alarm for exchange users, Filecoin moves to its mainnet, and another institutional asset manager spends big on Bitcoin

Bitcoin Whales Slow Down Following Months of Accumulations: What About BTC Price?

Oct 18 2020 Published at CryptoPotato

The number of Bitcoin whales have started to decline, while its price is increasing. This has raised concerns about an increased selling pressure and BTC price drops, but recent data refuted such a scenario. The post Bitcoin Whales Slow Down Following Months of Accumulations: What About BTC Price? appeared first on...

Bitcoin (BTC) Could Be Pulled Down By Weakening Stocks and Gold

In summary: Bitcoin is exhibiting a good level of bullishness above $11k However, Bitcoin's correlation to stocks and gold could be a bad thing with the US elections two weeks away A drop in the stock market and/or gold could mean a similar fate for Bitcoin in the short term The end of the weekend is once again upon us and so is...

Top 5 Performing Cryptocurrencies of the Week -(Week 12)

Oct 18 2020 Published at CryptoTicker under tags  altcoin crypto cryptoprice ocean ren

The cryptocurrency market is showing some signs of improvements. The market is moving steadily and it seems that almost all the altcoins are on the path of progress. Some cryptocurrencies are exhibiting growth. Here are the top 5 performing cryptocurrencies of the week (week-12). Let’s take a look at...

ETH and BTC Locked in DeFi has Increased by 194% and 10,000% in 2020

Quick take: The amount of ETH and BTC locked in DeFi currently stands at $4.78 Billion This amount represents 43% of the total value locked in DeFi The number of ETH locked in DeFi has increased by 194% in 2020 The number of BTC locked in DeFi has increased by 10,000% The hype surrounding DeFi might have cooled off in the fourth quarter...

Calm Before the Storm: Bitcoin Could Surpass $20k Within Three Months

Bitcoin (BTC), the most popular cryptocurrency in the world could skyrocket to $20,000 within three months according to the Founding partner of Bitazu Capital, Mohit Sorout. On Twitter, […]

Flippening: Crypto Decentralized Exchanges Grew More Than Centralized Ones In Q3 2020

Oct 18 2020 Published at CryptoPotato

Although centralized exchanges continue to attract the majority of the trading volume market share, decentralized exchanges are on the rise with impressive triple-digit growth in Q3. The post Flippening: Crypto Decentralized Exchanges Grew More Than Centralized Ones In Q3 2020 appeared first on...

Filecoin: New Round in Data Storage on Blockchain

Raising $257 million during the ICO in September 2017, Filecoin's mainnet is now launched. The project is aimed to become a new decentralized form of iCloud and Dropbox. The main idea behind Filecoin is the creation of the next- generation data storage platform. In this article, we've dived into the world of data storage on blockchain and got a comprehensive review of Filecoin cryptocurrency...

CZ Tweet Sees Thousands of Bagholders Take to the Shills

Reading Time: 3 minutes Binance CEO CZ has received 5,200 replies to a tweet explaining how fed up he is with people who shill their tokens to him The shilling “vent” tweet explained how such replies “are usually ignore” Repliers seemed to think that CZ was asking them...

4 Crucial On-Chain Trends Show That Bitcoin’s Trend Is Bullish

Oct 18 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin has dropped over the past few days after news revealed that OKEx had frozen withdrawals. The price of the leading cryptocurrency slipped from $11,750 to $11,450 where it is now. The leading cryptocurrency is primed to appreciate in the long run despite short-term weakness. One crypto-asset analyst noted that there is a confluence of on-chain...

“Exchange FUD” Narrative That Haunted Bitcoin May Finally Be Dead: Analyst

Oct 18 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin's price took a slight dip late last week when it was revealed that OKEx had frozen withdrawals. The exchange did so as one of its key holders went silent as he was cooperating with a public security bureau. Some investors took this as a sign that the cryptocurrency industry was under a regulatory threat. Bitcoin didn't fall as much as some initially...

Kraken Daily Market Report for October 17 2020

Oct 18 2020 Published at Kraken Blog under tags  daily market reports | market reports

Overview Total spot trading volume at $63.1 million, relatively low as it is a Saturday and Bitcoin returns were within +/- 50 points all day. Total futures notional at $49.1 million. Filecoin continues to trade in the top 10, beating out Litecoin and Polkadot. Another coin in the top 10 was Waves, which had 7.8% returns over USD. Waves/USD and Waves/Eur were the...

“Game On,” Analyst Says as Bitcoin Prints Pivotal Crossover

Oct 18 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin is forming a pivotal buying signal after weeks of consolidation. The cryptocurrency pushed higher over the past 10 days, which allowed this indicator to trend higher to form the buying signal seen today. Bitcoin Prints Pivotal Ichimoku Cloud Crossover Josh Olszewicz, a crypto-asset analyst, recently...

Bullish Weekend: Crypto Market Cap Gains $4 Billion, Bitcoin Awaiting Next Move

Oct 18 2020 Published at CryptoPotato

Bitcoin stands around $11,400 despite the recent drop to below $11,300. Ethereum stays still at $370, Ripple trades at $0.24, while Polkadot rises above $4. The post Bullish Weekend: Crypto Market Cap Gains $4 Billion, Bitcoin Awaiting Next Move appeared first on CryptoPotato.

Here’s why DeFi and decentralized exchanges could grow even more

Oct 18 2020 Published at CryptoSlate under tags  defi ethusd

Decentralized finance (DeFi) has seen parabolic growth since the start of 2020, with the total value locked in these contracts, largely based on Ethereum, rising from $1 billion to $12 billion now. Crucial to this growth has been decentralized exchanges (dexs). In 2017 and 2018, many thought that these applications were clunky, as transaction fees were high and the user experience was very...

Stellar News Ticker – CryptoTicker

Oct 18 2020 Published at CryptoTicker under tags  crypto cryptoticker stellar news ticker

Stellar is a blockchain that was originally inspired by Ripple, but later developed in its own direction. Stellar supports smart contracts and is used by some companies to launch their Security Token Offerings (STO)....

Cosmos News Ticker – CryptoTicker

Oct 18 2020 Published at CryptoTicker under tags  cosmos news ticker crypto cryptoticker

Cosmos is a platform focusing on Inter-blockchain Communikation (IBC) similar to Polkadot. Multiple projects already Cosmos. Buy Cosmos Cosmos...

Huobi Token News Ticker – CryptoTicker

Oct 18 2020 Published at CryptoTicker under tags  crypto cryptoticker huobi news ticker

The Huobi token is the coin of Chinese crypto-exchange Huobi. It offers advantages to its holders when using the exchange. Buy Huobi Huobi News Ticker...

Unus Sed LEO News Ticker – CryptoTicker

Oct 18 2020 Published at CryptoTicker under tags  crypto cryptoticker leo news ticker

LEO is the coin of crypto-exchange Bitfinex. It was created in 2019 to save the exchange from liquidity bottlenecks. These bottlenecks were allegedly the result of Crypto Capital freezing approximately $850 Million of Bitfinex' assets. Buy LEO...

NEO News Ticker – CryptoTicker

Oct 18 2020 Published at CryptoTicker under tags  crypto cryptoticker neo news ticker

NEO, previously known as ANT-Shares, is a smart contracts platform from China. It was the first major Ethereum competitor, but was later overtaken by many of its competitors. NEO underwent massive changes to its protocol over the years to remain competitive. Last year, the NEO 3.0 version was released. One interesting aspect to NEO is the separation of...

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