Bitcoin Blockchain and Cryptocurrency News Center
The potential of Ether greatly exceeds Bitcoin, and the community is beginning to understand the value of ETH. During the second half of 2020, we saw a growing interest in cryptocurrencies from institutional investors and big capital. However, all the attention of the whales, as well as all the attention of the public, was fixed on Bitcoin […]
2020 will be forever remembered as the year Bitcoin took its victory lap, rising from the ashes of $3,700 to smash through its previous all-time high. While countless central banks wilfully debased their fiat currencies, Bitcoin hurtled like an unstoppable freight train as institutional investors boarded en masse. Of course, digital gold wasn’t the only winner: […]
Top decentralized finance (DeFi) coins have undergone a severe correction over the past day. Leading names such as MakerDAO’s Maker (MKR), Aave’s AAVE, Yearn.finance’s YFI, amongst others, are down 10 percent in the past day. Bitcoin, by comparison, is only down by approximately 2% in the past day, having fallen from the low-$19,000s to $18,800 […]
Bitcoin steadied around $18,000 after record volumes on Wednesday while Ethereum 2.0 may be causing some investors to move ether out of decentralized finance (DeFi). Bitcoin (BTC) trading around $18,026 as of 21:00 UTC (4 p.m. ET). Gaining 2.1% over the previous 24 hours. Bitcoin’s 24-hour range: $17,364-$18,170 BTC above its 10-day and 50-day moving averages, […]
Despite $4B worth of BTC and ETH being locked in DeFi over the past five months, the two top coins still account for less than half of the sector’s TVL. The recent explosive growth of decentralized finance has seen the sector lock nearly $4 billion worth of Bitcoin (BTC) and Ether (ETH) in less than […]
Bitcoin’s price tested $10,800 to close out September while despite some market deflation, investors continue pushing crypto into DeFi. Bitcoin (BTC) trading around $10,701 as of 20:00 UTC (4 p.m. ET). Slipping 0.27% over the previous 24 hours. Bitcoin’s 24-hour range: $10,657-$10,859 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. […]
As DeFi projects flock to Ethereum, experts warn the network is not yet ready to support the frenzy. Martin Froehler, a mathematician, former hedge fund manager, and founder of Austrian crypto trading platform Morpher, told Cointelegraph that although Ethereum is the “best thing [the blockchain industry] has” for DeFi, the current capabilities of the network […]
Almost 100,000 Bitcoin are now tokenized on Ethereum, more than half of which migrated over the past 30 days, the Cointelegraph reported. More than $1 billion worth of Bitcoin (BTC) has now been tokenized to access decentralized finance (DeFi) protocols on the Ethereum (ETH) network. That’s equivalent to the entire total value locked (TVL) in […]
September’s Ethereum call options data are not in favor of traders expecting $400 ETH but a DeFi bull run could change this, the Cointelegraph predicts. Ether (ETH) price gained 14% from its Sept. 6 low at $320, but this month’s futures and options expiry is less than two weeks away. As its price is still […]
New data suggests the total USD value locked in DeFi protocols is overestimated by roughly $2.83 billion, the Cointelegraph reported. The total USD value locked in decentralized finance (DeFi) protocols recently surpassed the $6 billion mark according to onchain data resource, DeFi Pulse. Currently, the figure rests at $6.32 billion, after rising nearly six-fold since it reached the $1 […]