The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011. The Tether Gold stablecoin was valued at $1,902 on July 24, putting the price of gold within reach of the commodity’s all-time high set in September 2011. Gold has risen 22.7% from $1,550 to $1,902 […]
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On-chain data shows Bitcoin’s recent surge to $10K is not pressuring traders to sell, meaning BTC could rally higher. Bitcoin (BTC) may have only held $10,000 for a matter of hours, but according to glassnode, an on-chain monitoring resource, this moon is not like others in 2020. On July 26 Glassnode uploaded surprising data about […]
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Bitcoin finally moved above the $10K mark and analysis suggests that BTC and altcoins will continue to rally together. The total crypto market capitalization has reached $300 billion for the first time since mid-February, which is a huge positive as it suggests increased investor interest in cryptocurrencies. The interest has largely been in smaller altcoins […]
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The price of Bitcoin abruptly surged to $10,200, as it liquidated $75 million worth of short contracts. The price of Bitcoin (BTC) rose to as high as $10,272 on July 26 in an unexpected weekend rally. It liquidated $74 million worth of long contracts on BitMEX alone, catching many traders off guard. The hourly price […]
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What are the main reasons why mainstream cryptocurrency adoption has not yet begun? And why does it remain so complicated? As the human race evolves, our means of exchanging value also continuously develops. From the barter system that dates back to 6,000 B.C. to the present-day use of fiat currency, the human race has been […]
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The popularity of DApps, DeFi tokens and their increasing market share of the Ethereum ecosystem as a result of platform’s evolution? Ethereum’s dominance as the preeminent smart contract blockchain platform has been boosted by the popularity of decentralized finance and decentralized applications tokens in 2020, with ERC-20 tokens now accounting for nearly half of the […]
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Bitcoin’s rally to $9,700 brings the asset to a key resistance level, meanwhile Ethereum rallied above $300 to a new 2020 high. On Saturday Bitcoin (BTC) and Ether (ETH) price perked up as BTC briefly pushed above $9,700 and Ether set a 2020 high at $309. The weekend surge comes as a bit of a […]
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Here are some important things to know before giving donations in cryptocurrency for charitable purposes. Last month, the United States Congress increased the tax benefits of charitable giving in the CARES Act in hopes that people will give more. Some give money; others give property; and a growing number have been giving crypto assets. Once […]
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The price of Bitcoin is showing strength as it broke through a key level this week and putting $10,000 within reach once again. The price of Bitcoin (BTC) held the crucial support level of $9,000, after which a rally to $9,600 occurred, as anticipated in last week’s technical analysis. Nevertheless, the overall market trend for […]
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The Chinese mining pool is offering an alternative to cloud mining, charging fees only after their equipment starts to pay for itself. China-based mining pool Btc.top wants to upgrade the concept of cloud mining, which allows users to mine crypto remotely by buying a certain amount of hash power from a third-party, with what it […]
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