Investors look to be temporarily shifting focus away from bitcoin and toward crypto tokens associated with decentralized finance (DeFi). In the past 24 hours, DeFi-linked coins such as COMP, AAVE, KNC and ZRX have all leapt to fresh lifetime highs. Compound’s governance token COMP clocked a new record of $500, taking the month-to-date gain to...Read More
Bitcoin’s on-chain metrics are painting a bullish picture after weeks of consolidation. The top cryptocurrency hit a peak price of $41,962 on Jan. 8 and has mostly traded the range of $29,000–$40,000 since, according to CoinDesk 20 data. However, demand continues to outstrip supply amid the price lull. “In 2021 so far, around 26,000 BTC...Read More
Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has broken its previous all-time price high, according to historical data on some major exchanges. Prices surged on Tuesday to reach $1,439.33 – that’s over Bitstamp’s recorded high of $1,420. Coinbase and Bitfinex have previous record peaks listed around the same level. At press time,...Read More
It’s been a rough start to the week for crypto investors, although numbers are starting to point upwards once again. Eyes were anxiously set on a new all-time high for ether that failed to materialize as Bitcoin miners largely pulled the price rug last weekend out from under the entire crypto market. Let us not...Read More
Bitcoin’s prices reached all-time highs above $40,000 less than a month after breaking $20,000 for the first time. Since the start of the most recent rally, ostensibly begun in October, its value has increased fourfold. So for pros and newbies alike, or if you want to be the cryptocurrency expert at your next Zoom party,...Read More
Bullish price activity has tipped the total value of ETH locked into Ethereum 2.0 past $2.4 billion. Find out what other network metrics have been impacted by ether’s latest price gains.https://www.coindesk.com/new-year-new-price-gains-eth It’s safe to say that 2021 is off to a great start for Ethereum. Since ringing in the new year on January 1, the...Read More
Bitcoin has fallen precipitously in the past few hours and is testing a key level of psychological support near $18,000. At around 06:00 UTC on Dec. 8, the price of the world’s first cryptocurrency fell to around $18,031 from $18,770. It subsequently retraced slightly to $18,200 by press time, according to CoinDesk’s bitcoin price index....Read More
“The cost of living is gradually becoming more unbearable; all prices have doubled, for everything, with the pound losing its value. And now the cost of fuel is increasing significantly. How can I send my children to school this year when the transportation fees increased from 10 000 Sudanese pounds ($40) for the school year...Read More
Red-hot spot markets are primarily fueling bitcoin’s recent rally as the leading cryptocurrency trades at three-year highs around $15,500, suggesting the bull market may have room to continue. Unlike previously rallies, derivatives markets are playing a markedly less prominent role, demonstrated by mild liquidation volumes. The presence of derivatives in bitcoin’s ongoing rally is “muted...Read More
Should users who interacted with Uniswap through a third-party interface be entitled to the free UNI tokens other users received on Sept. 17? That’s the question at the center of a dispute currently taking place in Uniswap governance channels. The second-ever proposal to come before the Uniswap community would distribute airdropped UNI tokens to another...Read More
