Bitcoin bulls are buying near support levels. If these levels hold for the next few days, the recent uptrend in cryptocurrencies is likely to resume Author: Cointelegraph By Rakesh Upadhyay Source link
Last year, the San Francisco startup Compound offered investors a simpler way to earn as much as 10 percent yields. All they had to do was put move their capital on its app’s Ethereum-based lending platform. ‘Compound‘ is not a financial institution. Instead, it is among many new ventures that are building a new wave of so-called decentralized apps – or Dapps – atop public ledgers. The ecosystem now consists of over 3.11 million daily active users distributed unevenly across multiple blockchain projects. In 2018, there were only 1.48 million…
Bitcoin price is holding up well, which suggests that the uptrend might resume and a move to $10,000 is likely Author: Cointelegraph By Rakesh Upadhyay Source link
Though altcoins are spearheading the rally, Bitcoin is also likely to pick up steam and rise above $10,000 in the next few days Author: Cointelegraph By Rakesh Upadhyay Source link
In June when Block.one, the company behind the largest initial coin offering (ICO) in history, announced its Facebook-challenging social network, Voice, it promised the blockchain would run on the EOS mainnet. Plans have changed. Voice is meant to be a new kind of social network, one with crypto built in and one that defeats bots by verifying the identity of every single account. The company went silent about Voice for months after the summer announcement but then, in December, it revealed a launch date for Voice of Feb. 14. With…
Major crypto assets like EOS, Litecoin, and Ethereum are up by around five percent on average, and investors have been quick to call the start to an altseason. In crypto, an altseason refers to when so-called alternative cryptocurrencies begin to surge in value amidst rising momentum in the market. Many crypto assets have increased significantly in value over the past two weeks, but considering their steep fall from record highs and their performances in comparison to bitcoin, it is still too early to call it an altseason. How have major…
In the period between June 2017 and 2018, Block.one raised $4 billion via the sales of its native cryptocurrency, EOS. More than a year later, the token associated with the Cayman Islands-based startup has lost over 30 percent of its value due to massive price declines and a lack of authentic users. The EOS-to-dollar exchange rate currently sits at approx $2.79 after peaking at $23.02 in April 2018. Like in the case of every other cryptocurrency, EOS too became a victim of massive dumping that occurred during the 2018’s so-called…
The long-awaited altcoin season that has been playing hide and seek for the past few months seems to be finally starting Author: Cointelegraph By Rakesh Upadhyay Source link
A few top-10 cryptocurrencies have reached their first target objective and if the momentum sustains further upside continuation seems likely Author: Cointelegraph By Rakesh Upadhyay Source link
The total crypto market cap is declining and struggling near the $178.0B support. Bitcoin price was down around 3%, but it is now recovering above $7,000. Litecoin (LTC) price declined more than 5% and it is now trading below $40.00. BCH price failed to stay above the $200 support and it is extending losses below $195. EOS price is down 5% and it even broke the $2.500 support area. Binance coin (BNB) is likely to revisit the key $13.00 support area. Bitcoin (BTC) and the crypto market cap are gaining…