Tag: ETHUSD

$10 Billion in Liquidations as the Crypto Market Cap Evaporated $360B in Hours

The enhanced volatility in the past day caused nearly $10 billion in liquidations in less than a day as bitcoin, and all altcoins fell hard. Naturally, over 90% of the liquidated amount came from long positions.  CryptoPotato reported earlier today the adverse price developments in the cryptocurrency market. Bitcoin fell by more than $9,000 in […]

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Total Value Locked in DeFi Smart Contracts Stays Above $60B Despite Ongoing Market Dump

Amid the ongoing dip in the broader cryptocurrency market, the decentralized finance (DeFi) ecosystem is wielding a major resilience as the combined Total Value Locked (TVL) on major smart contracts stays above the $60 billion all-time high (ATH) level.  According to data from DeFiPulse, a decentralized finance market aggregator, the TVL in dollar terms have […]

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Sunday’s Crypto Price Analysis: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP)

Bitcoin (BTC) Price Analysis Bitcoin collapsed by almost 15% from today’s $60,000 opening price, reaching as low as $51,540 (as of now). The cryptocurrency had set a new all-time high price earlier in the week at $64,895 but failed to produce a daily closing candle above significant resistance at $63,760. Together with the bearish divergence […]

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Bitcoin Price Dipped Below $52K Amid U.S. Treasury Rumors (Market Watch)

Another wild weekend in the crypto markets as Bitcoin plummeted by about $9,000 in hours amid rumors suggesting the US Treasury Department would charge several financial organizations for laundering money with cryptocurrencies. The altcoin market is also deep in red with double-digit percentages that evaporated more than $350 billion from the crypto market cap. US […]

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Crypto Market Tanks Amid Multiple FUD News, Over $10 B BTC Positions Liquidated

Crypto Market is undergoing severe correction as multiple news of crypto ban combined with rumors that US treasury is planning to charge several financial institutions for money laundering using cryptos made headlines at major publications. Though this is not something new to crypto investors but in the short term it has led to extensive Bitcoin […]

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ETH Price Analysis: Ethereum (ETH) Sets New ATH But Eyes a Deeper Correction

ETH Price hits ATH of $2550 Bears take control at top trend line of channel Confirmation of $2150 is expected Ethereum has produced nearly 2500% in gains this bull run, outperforming many other top coins including BTC. Will the price of ETH continue for rise for months to come? This is what many analysts believe […]

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On-Chain Analysis: Why UNISWAP (UNI) Price is Poised to Cross $50 By End of May

Decentralized Finance (DeFi) and Automated Market Maker (AMM), Uniswap is poised to see an increased run in its price following the bullish tickers from both the coin’s fundamentals as well as on-chain metrics. As the entire cryptocurrency and DeFi ecosystem sojourns to new heights, Uniswap and its native token ‘UNI’ also appear to be recording […]

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Ethereum Number of Addresses in Profit Hits ATH Following Ether’s New Price Discovery

Ether’s ongoing price rally has translated to more profitability for the coin’s holders as on-chain data shows the number of Ethereum addresses in profit has hit a new all-time high (ATH) of 56,953,148.232 based on a 7-day moving average. It has been a largely profitable week for Ethereum as the coin’s price also surged to […]

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Crypto Market Cap Recovers $100 Billion as Bitcoin Reclaims $62K (Market Watch)

Following yesterday’s freefall in which bitcoin risked dipping below $60,000, the asset has bounced off and recovered about $2,000 of value. Most altcoins have also regained some ground, with some more than others. Apart from the top performer DOGE, Bitcoin Cash has spiked by 25% and has re-entered the top ten. Bitcoin Reclaims $62K After […]

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Canadian Securities Regulators Approve World’s First Ethereum ETF

Canadian Securities Regulators today approved world’s first Ethereum ETF with lowest Fees. CI Galaxy Ethereum ETF (ETHX) will be live on Toronto Stock Exchange on April 20, 2020 post TSX’s final approval. CI Global Asset Management (CI GAM) also manages a CI Galaxy Bitcoin ETF(BTCX) trading at Toronto Stock Exchange. Success of Grayscale Ethereum Trust […]

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