Crypto Market Analysis: January 2021
The November’s Bitcoin bull run was met with a resistance at $18700 price mark.
What comes as a surprise to inexperienced traders was predicted by a number of crypto market analysts…Continue Reading
Ethereum 2.0 nearing the 50% “Ready”, while the ETH Price raises to $548
ETHEREUM 2.0 STAKING Ethereum 2.0 Staking is nearing launch readiness with over 253,664 ETH staked so far, and 270624 ETH still need to be raised to reach the launch threshold. Watching the progress of the Ethereum 2.0 staking in the last few days seemed like a still picture — just 2 days agoContinue Reading
DeFi Pickle Finance Hacked with $20 Million stolen
A yield finance protocol Pickle Finance was hacked today for a significant amount. Pickle finance representatives advised its users to withdraw their DAI balance from Pickle, until the situation gets resolved. Pickle of a situation Nearly $20,000,000 DAI was stolen from a wallet belonging to Pickle Finance by a hacker.Continue Reading
Tether Mints $320,000,000 USDT today, with over $1.5 Billion Minted in November
A Large Amount of 320 Million Tether USDT was minted today at the Tether treasury.Continue Reading
IBC Group is staking $10 million in ETH 2.0
A Dubai based ICO consulting agency invests $10,000,000 to support the launch of ETH 2.0 The company partnered with Canadian staking service CanETH for this effort. The total funding consisting of 21,984 ETH will be sent in three tranches, securing the total of 687 validators. The chairman of IBC GroupContinue Reading
Bitcoin is approaching $18000, ETH follows at $480
Today, November 17th the Bitcoin/USD market experienced a surge in Bitcoin price jumping from $16300 to $17800 in 24 hours This marks an ATH flat price increase in 24 hours, setting a FOMO trend on the Bitcoin market In recent days, the Cryptocurrency traders and investors heard a stream ofContinue Reading
Citibank analyst: Bitcoin will hit $318,000 by December 2021
International Financial Services Provider Citibank exposed clients to it’s Bitcoin target price of $318000 by December 2021. CitiBanks Managing Director have released a report for institutional clients, called “Bitcoin, the 21st century gold” where he argues that it’s possible for Bitcoin to become the new Gold Standard. The CitiBank’s ManagingContinue Reading
Bitcoin in November: Bull run to $16000 and institutional acceptance
November 2020 is definitely exciting time for Bitcoin. Being traded at the $4850 mark in May 2020, it is currently breaking through the $16000 per Bitcoin barrier and setting new records in wallets holding 1 BTC or more and the number of active wallets overall. The new record for BitcoinContinue Reading
Binance Crypto Exchange #1 Starts Blocking USA Visitors
Today the crypto market is shocked to hear numerous reports from the USA traders stating the Binance have started blocking USA accountsContinue Reading
Biden wins: Potential effect on crypto market
By now the victory of President Biden on the USA’s presidential elections is obvious. What possible effect will this have on crypto market? Let’s try to figure out.Continue Reading