Bitcoin and Crypto Market Analysis – October 19, 2020
The S&P 500 rose at the start of last week, shrugging off the tail end of the previous week, and remained at a solid level until Friday to finish the week on 3.482. Contrastingly...
Dollar Index Fractal Suggests An Incredible Altcoin Season Is On The Horizon
Bitcoin and altcoins are directly opposed to fiat currencies, typically offering a hard-capped supply while the dollar and others can be printed with no limit. That constant printing...
DeFi Carnage: Ethereum Coins Aave, Yearn.finance, Uniswap, Synthetix Dive 20%
Top Ethereum-based altcoins are plunging as the price of Bitcoin fails to react positively to the $11,000 resistance. BTC is down 4% in the past 24 hours while Ethereum has shed 8%...
Yearn.finance (YFI) Just Plunged by Over 10%: Here’s What’s Driving the Move
Decentralized finance’s Yearn.finance (YFI) has dropped 10% in the past 24 hours despite strength in Bitcoin. The YFI coin is down over 33% from its all-time high price set just...
Top DeFi Coins Drop Despite Ethereum Rally: Here’s Why
Ethereum pressed higher on Thursday after Uniswap released the UNI token to the world. ETH surged around 10% from the time of Uniswap’s announcement to the daily highs. This...
Top DeFi Coin Yearn.finance (YFI) Just Slipped By 10%
Yearn.finance (YFI), a coin that has rallied over 1,000,000% since its listing price in July, has slowed down rapidly over recent days. The coin now trades for $34,000, over 22% below...
Top DeFi Coins Drop 3-10% Despite Ongoing Bitcoin and Ethereum Surge
Both Ethereum and Bitcoin have pressed higher over the past 24 hours. The two cryptocurrencies have both gained around 5% in the past day. This comes as legacy markets like the S&P...
Top Ethereum DeFi Coins Dive 25% or More Amid Crypto Correction
It’s been a bad past few days for the crypto market, with Bitcoin, Ethereum, and other coins crashing in sync. Bitcoin has dropped around 20% from its local highs while Ethereum...
Why This Bitcoin Analyst Thinks Altcoin Owners Should “Trade With Care”
Bitcoin has begun to drop after attempting to recover back above $12,000. The asset is down 4% in the past 24 hours, now trading at $11,150 as of this article’s writing. Altcoins...
Tezos (XTZ) Just Formed a Textbook Sell Signal After Explosive Surge
One of the best performing cryptocurrencies of the past few weeks is Tezos (XTZ). In the past 24 hours, the asset is down by 4.5% against the dollar, but it is still up massively on...
XRP Is Surging But Not Everyone Is Convinced a Bull Run Is Certain
Following the footsteps of Ethereum, XRP has surged higher over the past 24 hours. The asset has decisively crossed above $0.20, which has long been a key resistance level for the...
Analyst: Altcoins Will “Rage Dump” Against Bitcoin as Momentum Pauses
Altcoins have strongly outperformed Bitcoin over recent weeks, with some gaining dozens of percent as BTC has flatlined in the low-$9,000s. Analysts expect altcoins to soon...