One of the crypto market’s hottest DeFi tokens, Compound (COMP) has gone on an over 20% intraday rally. Meanwhile, the rest of the market is seeing red due to overall Bitcoin weakness.What’s causing Compound to stand out and surge while the rest of the crypto market tanks?Compound Becomes Breakout Superstar in Already Red Hot DeFi…
All across the United States, American Bitcoin investors are stepping away from their trading desks to celebrate.In addition to celebrating the country’s independence, they can also celebrate the on average 268% ROI Bitcoin brings from holiday to holiday. Will the next 365 days in crypto market price action lead to even more financial independence for…
Another week, another round of Crypto Tidbits.It’s been another boring week for the Bitcoin market. For all of the past seven days, the leading cryptocurrency has traded within 3% of $9,100, trading both above and below that level.Volatility indicators have continued to drop as a result of the consolidation, reaching crucial levels. Analysts expect this consolidation…
GPay Limited, which traded as XtraderFX (formerly CryptoPoint) has been shut down by UK authorities following investigations into its practices.The firm has been on the radar of the Financial Conduct Authority for over two years. But a High Court hearing, before Deputy Insolvency & Companies Court Judge Baister, finally forced it to close last week.“This…
VeChain (VET) hit a year-to-date high (YTD) during the Friday trading session.The 24th largest blockchain asset rose 8.57 percent to 114 sats, bringing its YTD gains up by more than 85 percent.Nevertheless, the VET/BTC uptrend is showing signs of cooling off, albeit holding a string of dependable support levels underneath.VeChain’s crypto token VET rose 8.57…
TRON CEO, Justin Sun took to Twitter to pitch the release of TRON 4.0, dubbed the era of the Great Voyage. It will take place at the Global Release Online Conference on July 7th, 2020.5 days countdown of Great Voyage: #TRON 4.0 Global Release Online Conference on July, 7, 2020 13:00(UTC)Platforms:🟡DLive:https://t.co/Y1eqltI8f5🔵Periscope:https://t.co/Dc7BFx4O4C🔴YouTube:https://t.co/wmSNWffxMu (Justin Sun)https://t.co/B9npITjFyw(TRON Foundation)#TRONZ pic.twitter.com/KbVm0ZxveH—…
AT&T’s slogan is “More For Your Thing, That’s Our Thing.” Unless your thing is crypto, as yet another investor has learned the hard way. Which in that case, they ended up with $1.8 million less of their thing.The company is still being sued by Michael Terpin over $24 million in stolen crypto due to what…
If the current price action is a top formation, then it doesn’t match the sharp spikes Bitcoin and blow-off tops the cryptocurrency is known for. Only one other time has a comparable rounded top formation appeared on BTCUSD price charts over the last ten years. And when it happened, a major correction followed.Should the first-ever…
XRP spent the last several years as the worst performer in the cryptocurrency market. And even though the altcoin has been beaten and battered, it has recently sunk even lower compared to Bitcoin and Ethereum.Why exactly is the altcoin commonly referred to as Ripple, so severely crippled and unable to gain positive momentum?XRP Underperformance Against…
Crypto startup ChitMonks has raised $650k in a pre-series A round with the help of early-stage investors Unicorn India Ventures (UIV).The firm aims to revolutionize proceedings by bringing 21st-century blockchain technology to the old-fashion chit-fund market.“At ChitMonks, we are building India’s largest blockchain network for Savings and Borrowings. We synergize Chit Fund Companies, Regulators, Subscribers,…