Bitcoin’s rise towards the $11,500 level over the weekend has created a notable price gap on the BTC CME futures chart, leaving the possibility of a pullback in early-week trading to fill the gap.
Dubbed “Summer of DeFi,” CoinGecko’s Q3 2020 report reveals many reasons for a celebration in crypto. It also offers enthusiasts a few surprises.
The recently launched stablecoin XSGD will implement strong regulatory assurances for users with their compliance partner, Elliptic.
Cosmos looks ready to make gains after a two-month correction. But first, one technical indicator suggests that ATOM prices will drop further, giving traders a chance to get back into the market.
This year saw drastic changes in the mining industry, with the halving and DeFi shaking up the sector. Ethereum miners saw their incomes triple since February, while revenues for Bitcoin miners fell by 30% following the halving.
Ethereum Mining Approaches Profit Parity with BitcoinCryptocurrency mining this year is divided into two distinct eras: before and after the halving. Around the same time as the halving is when the decentralized finance trend started to take off.
Tezos appears to be on the cusp of a major price movement. Technical indicators predict that a spike in demand could push XTZ prices close to its all-time high of $4.44.
Decentralized options platform Hegic today launched its beta mainnet following an audit from Peckshield. The launch marks the beginning of staking lots, allowing users holding 888,000 HEGIC tokens to begin earning lucrative rewards.
Matter Labs’ Layer 2 solution will enable smart contract capabilities on Ethereum using ZK rollups. Until now, Optimistic was the leading DeFi implementation.
Polkastarter is a decentralized exchange (DEX) akin to Ethereum’s Uniswap. But as popularity for current DEXes has risen, many platforms have become cumbersome to use. Long wait times for trade execution, high slippage, and exorbitant fees were common this summer.
Bitcoin’s price has blown past $11,000, with a 6.53% increase in the last three days as anticipation of another bull run mounts. The move comes with the American elections just 23 days away.
Bitcoin’s Technical BreakoutSince the beginning of this month, BTC’s price has faced two major shocks with legal charges against BitMEX and the rift between U.S. President Donald Trump and the Federal Reserve on more monetary stimulus.
All Rights Reserved. Copyright , Central Coast Communications, Inc.