Amazing Crypto

Category: Price Watch

  • Top DeFi protocol Aave rolls out v2: native Ethereum token instantly spikes 8%

    Leading decentralized finance protocol Aave has just rolled out its biggest update yet: v2, or version 2.0. This update has been hyped for a long time, as many expect it to begin turbocharging the growth of the protocol. Through Aave, Ethereum DeFi users can easily lend and borrow top digital assets like ETH and stablecoins.…

  • The YFI bull case: why some researchers are becoming more optimistic on Yearn.finance

    The YFI bull case: why some researchers are becoming more optimistic on Yearn.finance

    In recent weeks, Yearn.finance, the decentralized finance (DeFi) giant valued at $854 million, made major acquisitions of other DeFi projects. The aggressive acquisitions and mergers have buoyed the overall market sentiment around YFI. The Great Unbundling $YFI ? How “The Great Unbundling” applies to YFI ? Why I’d rather own YFI vs its “acquired” tokens…

  • Why one analyst is concerned after Bitcoin tapped new all-time highs yesterday

    Bitcoin tapped new all-time highs on top exchanges yesterday, reaching $19,950 in some markets. The CME’s Bitcoin futures market also saw a strong surge amid institutional buying activity. There has since been a $1,000 retracement to the high $18,000s. Some analysts are worried that this is the start of a wider correction. Chart of BTC’s…

  • What happens to Bitcoin after 9% plunge in 2 Hours? Analysts explain

    What happens to Bitcoin after 9% plunge in 2 Hours? Analysts explain

    The price of Bitcoin dropped 9% in 2 hours and then quickly recovered. Analysts remain divided on the direction of BTC in the near term. The drop occurred as top futures exchanges, like Binance Futures, saw large liquidations across the board. Generally, traders remain optimistic in the medium term, as Bitcoin surpassed its record high.…

  • Community reacts to new Bitcoin all-time high on top exchanges

    There it is, a new Bitcoin all-time high. Well, kind of. On at least two top exchanges Bitstamp and Binance, the price of the leading cryptocurrency passed its 2017 highs, reaching the $19,800 region. BTC has yet to surpass the $20,000 price point that many affiliate with “all-time highs” for the coin. Still, everyone is…

  • The real roadblock Bitcoin faces is at $20k—and whales are awaiting

    The real roadblock Bitcoin faces is at $20k—and whales are awaiting

    The real roadblock Bitcoin (BTC) faces is at $20,000, near its all-time high. Albeit its record high is different across major exchanges, it already hit its highest price on some exchanges. The weekly price chart of Bitcoin. Source: BTCUSD on TradingView But, whales have not been withdrawing BTC from exchanges at the same rate as…

  • Bitcoin returns to $18,000 as investors are mixed over what’s next for the bull run

    Bitcoin is finally showing some strength after a brutal correction to $16,200 earlier this week. The leading cryptocurrency has bounced to $18,000 as of this article’s writing, around 11 percent above the local lows. Chart of BTC’s price action over the past two days. Source: BTCUSD from TradingView The coin is expected to see small…

  • Barrons says “Big Money” is driving the Bitcoin rally

    Barrons says “Big Money” is driving the Bitcoin rally

    The price of Bitcoin (BTC) is hovering above $18,000 following a massive short-term correction to $16,200. Barrons reported that “Big Money” is driving BTC and as such, it could potentially move higher. In recent months, the Bitcoin market has seen an influx of institutional capital. Various on-chain metrics, exchange volume trends, and corporate figures, including…

  • 3 reasons Stellar (XLM) saw a 166% rally within five days

    3 reasons Stellar (XLM) saw a 166% rally within five days

    The price of XLM, the native cryptocurrency of the Stellar blockchain, has been showing strong momentum. There are three reasons why XLM saw a 166% rally in the past week. The potential reasons are the consolidation of Bitcoin, technicals showing overbought conditions, and social media traction. The 4-hour price chart of XLM. Source: TradingView.com Bitcoin is…

  • Crypto bull run returns with 25% Cardano (ADA) rally

    It seems that the crypto bull run may be returning as Bitcoin, Ethereum, and altcoins mount a strong recovery from their lows. BTC is currently in the midst of pushing $17,700 as of this article’s writing, which is a key resistance level that bulls should hope to hold. ETH is pushing past key resistances as…