Although Bitcoin couldn’t hold above the $1 trillion market cap for very long, doing so in the first place might have been a turning point for even the most skeptical investors. It has even caused one Shark Tank investor to change his tune, shifting a portion of his...
Bitcoinist News
SOVI on HECO Liquidity Mining Updates
The last seven days have been extremely eventful for everyone at Sovi Finance and we are happy to announce the successful completion of the SOVI auction on the NewItem platform, and the launch of SOVI Liquidity Mining on the Huobi ECO Chain (HECO). The two events...
The 5 Most Highly Anticipated Blockchain Mainnets in 2021
In years to come, the early days of 2021 will be remembered for the success of Bitcoin and Ethereum, and for the institutional FOMO that propelled their native assets to fresh all-time highs. Less than a year after the Covid-19 pandemic first made headlines, the...
Bitcoin (BTC/USD) Signals Falling Wedge Breakout to Retest $58,000
Bitcoin opened this week in positive territories, looking to recapture its record high levels after crashing to its three-week lows in the previous session. The benchmark cryptocurrency was up 4.70 percent ahead of the London morning bell, hitting an intraday high shy...
Fractal Is Replacing Ad Cookies and Why That’s a Big Deal
In recent years, you may have noticed the proliferation of websites asking you to confirm your use of third-party cookies. In their haste, most people blindly accept the terms without a proper understanding of what they entail. In short, cookies are small files...
Bitcoin Weekly Outlook: T-Bonds Threaten Crucial BTC/USD Support
Key Bitcoin Takeaways: Bitcoin fell wildly last week as the US dollar capitalized on rising Treasury bond yields. Nonetheless, dip-buying sentiment near a technical support level kept the cryptocurrency’s bullish bias intact. A further rise in yields could have bears...
Breaking Down Square’s Bitcoin (BTC) Position
The recent push to the $1 trillion bitcoin market cap can at least be partially attributed to institutional investors; firms investing on the behalf of others or as part of their asset allocation strategies. Square, One of the Largest Corporate Holders of Bitcoin...
Bitcoin Miners Net Position Turn Positive: A Crypto Bull Case?
Bitcoin in Downtrend After another week of turbulent market volatility, the cryptocurrency market saw severe drops with Bitcoin (BTC) and its peers plummeting nearly 25% from recent highs. This selloff caught many speculators and traders off-guard, causing a panic...
Cardano Reaches All-Time High, Ahead of Ethereum in Transaction Volume
Today has been a monumental day for Cardano. Caught within the recent crypto bull market, its token, ADA, hit a new all-time high price of $1.38 this evening. This marks an increase of approximately 2600% over the past year, as tracked by Messari. In fact, this...
Explaining Binance Coin’s (BNB) Surge Past DOT, XRP, and Litecoin
Binance’s BNB token has surged more than 860% in the past month to attain the position of fourth-largest cryptocurrency by market cap. Binance Coin’s Rise to Prominence BNB has historically been offered by Binance as a utility token for discounted trading fees on...