Tag: price watch

Apr 13 2021

Dogecoin is one of the top-performers in Q1 2021 that’s looking for further gains

Apr 13 2021 Published at CryptoSlate under tags  analysis dogeusd price watch

The first three months of the year were quite eventful for the cryptocurrency industry. While the central banks' money printers went "brrr," trust eroded in the global financial system. The exodus of institutional and retail investors from...

Apr 11 2021

Ethereum on-chain metrics may spell trouble with funding rates at unsustainable levels

Apr 11 2021 Published at CryptoSlate under tags  analysis ethusd price watch

Etheruem appears to have resumed its uptrend after suffering a minor setback on Apr. 7 that caused over $230 million in liquidations. Despite the massive losses generated across the board, the second-largest cryptocurrency by market capitalization was able to rebound and make a new all-time high of $2,212 recently....

Apr 10 2021

SEC v. Ripple takes new turn, setting XRP up for potential future growth

Apr 10 2021 Published at CryptoSlate under tags  analysis legal price watch xrpusd

Ripple has engaged in a fierce legal battle against the U.S. Securities and Exchange Commission (SEC). The financial watchdog claims that the distributed ledger startup, co-founder Chris Larsen, and CEO Brad Garlinghouse sold unregistered securities...

Apr 09 2021

App maker Meitu buys another 175 BTC, pushing Bitcoin closer to a breakout

Apr 09 2021 Published at CryptoSlate under tags  analysis btcusd price watch

Institutional and retail demand for cryptocurrencies is at an all-time high. Tesla’s bold move to allocate some of its wealth into Bitcoin seems to have encouraged other firms to diversify into digital assets. One of the many firms that want to avoid “the risks of missing out on the potential for Bitcoin becoming the global benchmark digital asset,” as Bloomberg...

WAVES token surges to new all-time high following NFT announcement

Apr 09 2021 Published at CryptoSlate under tags  adoption investments nfts price watch

The price of WAVES token swiftly spiked by roughly 50% today, reaching a new all-time high of $20.82, according to crypto metrics platform CoinGecko. The sudden price movement was accompanied by “unusual buying activity” alerts sent out by several crypto tracking bots. Per their data, traders bought at least $33 million worth of WAVES in just 15 minutes...

Apr 07 2021

Crypto market’s slump liquidates $1.4 billion off the trading board

Around $1.4 billion worth of trading positions got liquidated today as the crypto market dove into the red zone, according to crypto metrics platform ByBt. Earlier today, the price of Bitcoin dipped from $58,660 in the morning to as low as $55,990, dragging most cryptocurrencies alongside. “$946.71M worth of longs liquidated in the past four hours,” ByBt tweeted earlier....

Grayscale adds Chainlink to its portfolio to meet institutional demand

Apr 07 2021 Published at CryptoSlate under tags  analysis linkusd price watch

Crypto fund Grayscale announced that it would add LINK to its large-cap crypto fund in a release yesterday. The move comes a few weeks after the company...

Apr 06 2021

XRP breaks above $1, retaking 4th place among top cryptos

Apr 06 2021 Published at CryptoSlate under tags  price watch trading xrpusd

Despite the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), the price of Ripple’s XRP token has nearly doubled in the last 24 hours, reaching over $1. At press time, XRP is trading at around $1.05, up 48.8% on the day....

Polkadot’s network prepares to welcome Tether USDt

Apr 06 2021 Published at CryptoSlate under tags  analysis dotusd price watch stablecoins

Polkadot’s network utility is about to experience a significant boost. With the upcoming parachain rollout, the protocol will finally realize its scalable multi-chain architecture. Although the new functionality is currently running on a testnet, developers are already preparing for it....

Apr 05 2021

Kyber Network (KNC) launches new market maker protocol with high capital efficiency

Apr 05 2021 Published at CryptoSlate under tags  analysis defi kncusd price watch

Blockchain-based liquidity protocol Kyber Network announced the release of the world’s first Dynamic Market Maker (DMM). The newest feature is designed for liquidity providers to optimize fees, maximize earnings, and enable high capital efficiency....

What is the ‘Kimchi Premium’ and why is it a ‘top’ indicator for Bitcoin?

Apr 05 2021 Published at CryptoSlate under tags  analysis btcusd edge price watch

Bitcoin is trading at nearly $66,000 in South Korea. This is not a typo nor a faulty API giving false data either, but a notorious market anomaly from 2017-18 that marked the ‘top’ of the crypto market at the time. Bitcoin mispricing Called the ‘...

Apr 02 2021

Crypto analysts say ‘not a bubble’ even as Bitcoin flirts with $60,000

Apr 02 2021 Published at CryptoSlate under tags  analysis btcusd price watch

Some cryptocurrency market analysts say Bitcoin is not ‘in a bubble’ even as the world’s largest crypto by market cap flirts with the crucial $60,000 price level, a report on British news outlet...

Apr 01 2021

Filecoin reaches FDV of $453 billion—and that’s 0.1% of the world’s wealth

Apr 01 2021 Published at CryptoSlate under tags  analysis edge filusd price watch

Don’t scream ‘April Fools’ if you happen to spot Filecoin in the world’s top ten cryptocurrencies by market cap...

Mar 30 2021

XRP is on the up and up following Ripple’s 40% acquisition of Tranglo

Mar 30 2021 Published at CryptoSlate under tags  analysis partnerships price watch xrpusd

Ripple has announced a 40% acquisition in cross-border payments specialists Tranglo. Industry observers say this partnership will help Ripple meet the growing demand for cross-border solutions in the Asia region. Tranglo was founded in 2008 before cryptocurrency was a thing. It has...

Mar 29 2021

The long-awaited “Interchain Era” begins on Cosmos (ATOM)

The highly anticipated inter-blockchain communication (IBC) protocol transfers have gone live on Cosmos (ATOM), allowing users to transfer their tokens between different decentralized networks, its developers announced today. “After 5 years of research and development, Inter Blockchain Communication is being rolled out onto the Cosmos Hub! This is the first step of...

Kusama flips legacy projects EOS and TRON as parachain auctions launch draws near

Mar 29 2021 Published at CryptoSlate under tags  adoption dotusd ksmusd price watch

Thanks to solid price momentum, Kusama has overtaken legacy projects such as TRON and EOS recently. On the technical front, there is a lot to look forward to as well. Kusama can be seen as a developer-oriented environment for coders looking to get acquainted with Polkadot's technology, as both networks share the same code....

Bitcoin rallies to $58,000 while PancakeSwap (CAKE) crosses $6 billion TVL

Mar 29 2021 Published at CryptoSlate under tags  analysis btcusd cakeusd price watch trading

Bitcoin surged on Monday following a choppy weekend that saw the asset plunge to as low as $50,290. It trades over $58,000 at press time amidst a broader price rise in the crypto market on the back of an announcement by Visa. As the below image shows, the asset trades above its 34-period exponential moving average—a tool used by traders to...

Mar 28 2021

Ark Invest CEO: “$1 trillion is nothing” compared to where Bitcoin is going

Bitcoin’s (BTC) market capitalization of over $1 trillion is just the beginning of the crypto’s price discovery, Cathie Wood, CEO of asset management company Ark Invest, argued during a virtual conference published yesterday. Wood said: "If we add all of the potential demand relative to the limited supply, we come up with incredible numbers over the long term. We have just...

Mar 26 2021

DeFi exchange SushiSwap launches margin trading on ‘BentoBox’

Mar 26 2021 Published at CryptoSlate under tags  defi exchanges price watch sushi

Decentralized exchange SushiSwap launched the much-awaited ‘Kashi’ app as part of its BentoBox product suite, as per an announcement today. The DEX allows users to lend, swap, and trade assets via a non-custodian, trustless platform...

Mar 24 2021

Theta enters the top-10 following 660% gains since the start of 2021

Mar 24 2021 Published at CryptoSlate under tags  altcoins analysis price watch

Theta has risen dramatically in the market cap rankings over the past couple of months — a 22% gain in the last 24-hours sees it leapfrog Chainlink to take the tenth spot. Theta launched relatively recently, in March 2019. It describes itself as a blockchain video streaming platform that aims to disrupt the streaming industry using decentralized technologies. The network is built on...

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