The first two days of the week had seen the largest cryptocurrencies continuing their ascendency, but as of Wednesday morning, November 18th, some shard selling activity can be noticed, even though buyers resumed on dips. Last week, Bitcoin broke above $16,000 and a new week brought a new 2020 high,
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The past 24 hours had been impressive for Ether (ETH), considering the second-largest cryptocurrency in the world had been struggling for weeks to recover from the September lows. Although Bitcoin continues to be in the spotlight, reaching levels not seen since January 2018, Ether buyers are showing signs of strength
It had been the worst week in months for the global stock markets, as risk sentiment was severely damaged by the combination of rising new COVID-19 cases around the world, the uncertainty around the US election, and fears of new lockdowns in Europe. Even though stocks got hurt, the situation
Online users should be cautious with their suspicious emails due to a difficult-to-detect crypto mining botnet that has the ability to spread through computers using Windows 10. Cybersecurity experts already noticed that the activity of this malicious software increased since August, but the way it can install on a workstation
Volatility returned across all asset classes in September and because of that, almost all major cryptocurrencies had been under heavy pressure. CoinMetrics recently published a study showing that month over month, 93% of the top 250 coins declined, showing that the momentum weakened substantially. Last week Bitcoin buyers managed to
This had not started with the right foot for the cryptocurrency market and we’ve already covered yesterday how Bitcoin dropped. However, the weakness in Ether, the second-largest cryptocurrency, triggered impulsive selling across most of the DeFi tokens, after being the lead performance for months, these tokens continue to erase gains
It’s more than a year since Facebook’s Libra project had been officially announced, and despite a regulatory setback, things continue to advance moderately. According to a recent Reuters report, an ex-executive from HSBC had joined the Switzerland-based company, a sign of commitment to keep the project going and deliver a
This is one of the best years for stablecoins, considering the aggregate market cap shows triple-digit gains, at a time when traditional cryptocurrencies had been rising, as well. Despite the recent crypto market drop, USDC, Dai, and Binance USD are some of the stablecoins that are on top of the
The past several days had been some to forget for the cryptocurrency market, as valuations took a tumble. We’ve warned since the end of August that the sentiment is deteriorating and now the results are more than suggestive. Even though as of today, Friday, September 4th, some losses had been
DeFi or decentralized finance is one of the sectors where growth had been skyrocketing and the locked-in value is a great indication with that respect. Even though for the past two weeks cryptocurrencies eased lower as momentum weakened, DeFi projects kept going higher, with Chainlink as one of the most-favored
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