Bulls Get Relief as Bitcoin Price Beats $6.5K Resistance

Dec 29, 2020 at 9:26 p.m. UTCMarket Wrap: Bitcoin Down to $26K but Traders Remain BullishFew seem to be bothered by bitcoin’s volatility on Tuesday, as the No. 1 cryptocurrency by market capitalization declined to the $26,000 level after its first-ever trades above $28,000 on Sunday. Many market participants are convinced retail and institutional investors will…

markets View Bitcoin’s consecutive weekly losses and multiple failures at key resistance have shifted risk in favor of a drop to around $8,550 and perhaps as low as $8,000. Daily chart indicators have turned bearish for the first time in over a month, supporting the case for a deeper decline. A high-volume move above $9,335…

Aug 20, 2020 at 10:12 UTCAlgorand founder Silvio Micali image via CoinDesk archivesAlgorand’s Move into DeFi Gives ALGO Price a BoostALGO tokens are up as markets respond positively to Algorand’s newly-announced plan to become an alternative venue for the white-hot decentralized finance (DeFi) space. CoinGecko data shows the price of ALGO tokens has increased from…

Solana's (SOL) fastest-growing decentralized finance protocol, Kamino Finance, will shortly launch a points program, a contributor said Thursday, a move that sets the stage for a future token airdrop.The points program could further juice growth in what's already become the star of Solana's recent bounceback. Its SOL token has more than tripled since mid-October as

news The combined value of the cryptocurrency market rose to $185.89 billion earlier today, its highest level since Nov. 18. While that number has dropped slightly to $184 billion as of press time, the five-month high marks the 10th consecutive week with a bullish open above the prior candle close, meaning there has been a…

Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny…

Chronicle, the second largest oracle provider that safeguards over $5 billion for MakerDAO and its ecosystem, said Tuesday it is expanding outside of the MakerDAO ecosystem with a new protocol that makes oracles available on various networks.The Chronicle Protocol will soon launch first on Polygon zkEVM to service the fast-growing ecosystem and lay the foundation

Only 17 days after its launch, the BlackRock iShares Bitcoin Trust (IBIT) has become one of the top five exchange-traded funds (ETFs) of 2024 based on inflows, according to data from Bloomberg Intelligence.The only funds that have topped IBIT's $3.2 billion of year-to-date inflows are mammoth longstanding index ETFs from iShares and Vanguard that offer

Oct 7, 2020 at 21:18 UTCUpdated Oct 7, 2020 at 21:27 UTCOver $26 million worth of bitcoin (BTC) associated with the massive 2016 hack of crypto exchange Bitfinex was moved around across seven transactions on Wednesday, according to Twitter-based blockchain tracker bot Whale Alert. The security breach at Bitfinex in August 2016 led to the theft…