In a flash, Ampleforth, yet another DeFi project vying for its share of the booming market, just experienced a 700,000% pump on crypto platform FTX. Minutes later, the asset crashed right back down a full 99.99%, leaving some traders scratching their heads, and a lucky few wealthy. Ampleforth Makes Investors Rich in a 700,000% Flash…
Pundits of cryptocurrencies and Bitcoin supporters alike all agree, that the biggest barrier to adoption is mainstream acceptance. It won’t be until crypto achieves VISA-level penetration that the asset class has a chance to replace cash. But how fast does that happen if VISA themselves fully embrace the emerging asset class? Following the payments giant…
Bitcoin dominance has been plummeting recently letting altcoins have their time in the crypto market spotlight for a change. But as altcoins begin to correct, BTC dominance is signaling that the asset is about to recover from the altcoin market’s rally against it. What does this mean for Bitcoin, and how will certain altcoins withstand…
The son of former Nissan chairman Carlos Ghosn made $500k in crypto payments to help secure the escape of his father from Japanese authorities. The case goes back as far as November 2018, when police first arrested Ghosn in Tokyo on charges of underreporting his earnings. Since then, further investigations have turned up a string…
Bitcoin declined during the Friday trading session after establishing its weekly top at $9,686. The downside correction appeared on rising profit-taking sentiment near $9,700, a historically strong resistance level. Analysts asserted that Bitcoin’s latest move is a sign of its bullish structure breaking, with one envisioning it to fall back towards $9,200. Bitcoin stepped back…
Bitcoin price is at a pivotal moment, potentially ready for a breakout into a new bull trend. The crypto market has just been watching and waiting for the right spark. Crypto assets typically pump when they’re listed on a new exchange or platform. The spark the crypto world may have been waiting for could be…
Investing in Bitcoin is a wild and bumpy ride. Some choose to “HODL,” while others decide to trade the normally volatile crypto asset. Both are subject to extreme fluctuations in price, however, traders can turn market sentiment into a profitable trading signal. Here’s how the cryptocurrency market fear and greed index can be used as…
Bitcoin’s recent jump above $9,500 has increased its probability of testing $10,000 in the coming sessions, according to an analyst. He also noted that traders would first target $9,785 as their interim resistance level. Bitcoin leaped over the $9,500-mark on Wednesday and it now eyes extended its bullish momentum into the six-figure region. The benchmark…
XRP is often the butt of many jokes across the crypto space due to general distaste toward the altcoin and years of underperformance. But one of the biggest running jokes going is a call made for $589 per token, considered a mathematical impossibility. However, could Ripple eventually reach other, more reasonable targets based on math…
BAND, the native token of the Band Protocol, rose by as much as 384 percent in the third quarter. The supersonic price rally appeared amid the ongoing DeFi craze – and also following Band’s growth-oriented partnerships. Nevertheless, the BAND/USD pair stands overbought, which points to an imminent downside correction ahead. An explosive buying spree in…