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Crypto News
January 27, 2021

DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K

Today Bitcoin (BTC) price continued to face selling pressure in the $32,500 to $33,000 resistance cluster and this led to a mild 3% to 5% pull back from most altcoins. Despite the recent revelation that…

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Crypto News
January 26, 2021

DeFi revival pushes Celo, Venus (XVS) and Fantom (FTM) price higher

A new report by CoinShares suggests Bitcoin (BTC) has garnered 97% of the total crypto inflows in 2021. The recent correction in Bitcoin price does not seem to have deterred crypto investors as CoinShares data…

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Crypto News
January 26, 2021

Bored with Bitcoin? The BTC bull run is about to return, this indicator says

Bitcoin (BTC) hodlers hoping for a return to the bull run may not have long to wait, as a popular indicator gives cause for optimism. As compiled by on-chain monitoring resource Glassnode, data from the…

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Crypto News
January 26, 2021

2 key metrics suggest Bitcoin price won’t be pinned below $33K for long

Over the last 48 hours, Bitcoin (BTC) price climbed from $31,000 to $34,800 before reversing course and dropping the majority of these gains. While this $3,800 shift to the downside might not seem significant, the…

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Crypto News
January 26, 2021

Reddit investing group triggers crypto-style 860% rally in GameStop stock

Since Jan. 22 GameStop has been attracting a lot of attention from the mainstream news as the stock (GME) for the popular video game retailer rallied 860% from $17.40 on Jan. 4 to a high…

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Crypto News
January 26, 2021

3 reasons why Ethereum price is still on track to top $2,000

After dropping 27% over three days, Ether (ETH) price finally reached a bottom at $1,040 on Jan. 22.  The sharp correction liquidated $600 billion worth of future contracts but interestingly, Ether price rebounded to a…

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Crypto News
January 25, 2021

$45B DeFi market cap and soaring TVL suggest the best is yet to come

The decentralized finance sector continues to charge full steam ahead as multiple tokens notch new all-time highs and the total value locked in DeFi protocols grows with the passing of each week. Data from Messari…

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Crypto News
January 25, 2021

Price analysis 1/25: BTC, ETH, DOT, XRP, ADA, LINK, LTC, BCH, BNB, XLM

After the recent correction, Bitcoin (BTC) will need aggressive inflows to absorb the possible selling from the short-term traders and momentum players as the price nears $40,000. In the past few months, Grayscale Investments has…

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Crypto News
January 25, 2021

Key metrics show this week’s $4B Bitcoin options expiry favors bulls

Over the past two weeks, Bitcoin price appears to have lost momentum and some analysts are suggesting that bears will be in control for the foreseeable future. Taking a look at derivatives market data provides…

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Crypto News
January 25, 2021

Aave hits record $288 high as demand for flash loans and staking increases

Aave (AAVE) price has been on an absolute tear for weeks and today the DeFi-token rallied to a new all-time high at $288.90.  The decentralized finance protocol is one of the most popular in the…

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