Yearn.finance (YFI), one of the hottest crypto assets in the Ethereum decentralized finance space, has seen an extreme price performance in the past day. The asset has gained approximately 30% in the past 24 hours as per data from Coin Market Cap. This is an outperformance of Bitcoin’s 1% gain and Ethereum’s 1.7% move higher.…
Bitcoin is up well over 50% year to date, but altcoins have beaten out the first-ever cryptocurrency in 2020. Etheruem, for example, has tripled compared to the number one cryptocurrency, and several others hare outperformed by even more. But there are five, powerful high timeframe signals that could be suggesting that BTC dominance has bottomed,…
Bitcoin price is currently holding above important weekly support. With just three days left for the weekly close, the next few days are critical. If the cryptocurrency can break through, $12,000, which one analyst claims won’t hold much longer, the next leg up could “overshoot” most targets and touch $15,000. But although that outcome is…
Numeraire (Symbol: NMRUSD) bulls are bracing for a yearly high as its price rises by about 40 percent in the last 24 hours. The 75th-largest cryptocurrency token rallied to $62.96 during the early Friday session after finding a reasonable weekly support level at near $41. The upside move came in the absence of any immediate…
Analysts rely on a variety of tools to tip them off about coming price action, with some offering better results than others. A top and bottom-sniping tool used to call the 2007 top in the stock market, is once again raising a red flag. Here’s why this could also be bearish for Bitcoin and the…
From the August monthly open to the high, XRP recorded nearly 25% gains on the month. Unfortunately for Ripple investors hoping for a new bull run, the altcoin was only able to hold onto just 1% of that as of the time of this writing. But while things may look bleak for XRP’s recent rally,…
Bitcoin breaking through resistance at $10,000 was a pivotal moment for the cryptocurrency. At the same time, it also breached a long-term downtrend line and top of a symmetrical triangle formation dating back from all-time high. All signs point to the new uptrend beginning. Halving-based cycle theories point to a new peak by the end…
Decentralized finance asset LEND continued its gravity-defying price rally ahead of the New York opening bell Wednesday even as its peers across the crypto space suffered sizeable intraday losses. The 21st-largest cryptocurrency surged 11.28 percent to $0.858 per token, its highest level to this date. Its upside move followed a four-week winning streak, wherein LEND/USD…
Bitcoin broke above $10,000 and is trading well above the key level. Ethereum is up over 200% year to date, and the rest of the crypto market is right behind it. However, small-cap altcoins have been beating out all major crypto assets three-to-one over the last month. But what is causing the significant outperformance? Total…
Bitcoin has embarked on a strong correction over the past 24 hours. After peaking at $11,850 earlier this week, the asset slipped as low as $11,150 on Tuesday as selling mounted on spot exchanges, evidenced by a negative predicted funding rate with OKEx’ BTC perpetual futures market. While the asset has bounced back to $11,300…