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Crypto Market Cap Recovers $200B as Bitcoin Tops $57,000 (Market Watch)

Bitcoin has bounced off from yesterday’s massive nosedive and has recovered about $6,000 of value. Most alternative coins have followed along with ETH above $2,200 and BNB north of $530, and the crypto market cap has added roughly $200 billion since yesterday’s low. Bitcoin Adds $6K Since the Dip It seemed that everything was going in bitcoin’s way last week after the asset finally reconquered $60,000 and went even further to a new all-time high of $65,000. However, the cryptocurrency started to retrace slightly on Friday and the situation intensified on Saturday. As CryptoPotato reported, BTC headed south vigorously and…

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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 Treasury FUD Plummeted BTC? As reported yesterday, the primary cryptocurrency had regained over $2,000 of value following its Friday price drop and was changing hands at above $62,000. However, the situation changed vigorously in the past 24 hours. Rumors started to spread that the US…

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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 the latest all-time high registered earlier in the week of $65,000, the primary cryptocurrency reversed its price trajectory. Bitcoin started to gradually drop in value, which escalated yesterday. As some reports emerged that Turkey will implement a ban preventing digital assets from being used as…

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AgeUSD to Launch as First Stablecoin on Cardano Network

Multinational blockchain technology company Emurgo initially announced the AgeUSD stablecoin in January 2021. The firm has since announced a partnership between the Ergo Foundation, Emurgo, and Charles Hoskinson’s Input-Output Global, the parent company of IOHK. The AgeUSD stablecoin will be available on Cardano as soon as smart contract capabilities are launched on the blockchain, it revealed. Do We Need Another Stablecoin? Emurgo is aiming to prevent events like MakerDAO’s Black Thursday which emerged through vulnerabilities in its Dai collateralization mechanism. A mass liquidation of the vast majority of Maker vaults resulted in around $4 million in Dai being under-collateralized at…

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Crypto Price Analysis & Overview April 16th: Bitcoin, Ethereum, Ripple, Binance Coin, and Cardano

This week was quite bullish for the entire cryptocurrency market. Bitcoin charted a fresh all-time high and so did a lot of other cryptocurrencies. Altcoin season is booming as the BTC dominance continues to decline. Bitcoin Bitcoin saw a 4.2% price hike this week as the coin currency sits at around $60,500. BTC had surged higher throughout the week and set a new ATH at around $65,000 on Wednesday. Unfortunately, it could not close a daily candle above resistance at $63,766 (1.414 Fib Extension) through the week. It has since rolled over from $63,766 and dropped beneath the previous ATH…

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Bitcoin Slumps Below Previous ATH: ETH Reached $2550 (Market Watch)

After nearing $64,000, bitcoin’s price has plummeted by about $3,000 in a matter of minutes and tested $61,000. Most altcoins have followed along south with the apparent exception of Dogecoin. DOGE has painted a new all-time high at $0.3 after a triple-digit price surge. Bitcoin Falls by $3K The primary cryptocurrency had a mainly bullish week in which it finally overcame $60,000 and went on to register consecutive all-time highs. Following the latest one at just shy of $65,000, however, the asset reversed its price trajectory. As reported yesterday, BTC dipped to an intraday low beneath $61,500. The cryptocurrency bounced…

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Cardano Founder Spills The Beans on “Fakeness” of Silicon Valley

Cardano founder Charles Hoskinson said he chose Wyoming to base Input Output Global (IOG), and not Silicon Valley, because of the Valley’s “unhealthy” environment. The comments dispel the notion that tech firms need Silicon Valley to “make it.” What’s more, his candid account of trying to integrate into that culture delivers a humbling that some say is long overdue. Work Life Balance and the Valley https://t.co/RSGSLnjADb — Charles Hoskinson (@IOHK_Charles) April 14, 2021 Silicon Valley Fosters “Unhealthy” Living Silicon Valley is found in the San Francisco Bay Area’s southern region and acts as a global center for technology and innovation.…

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BTC Breaks ATH But Dominance Declines as ETH Eyes $2500 (Market Watch)

Following the latest all-time high just shy of $65,000 and a subsequent $4,000 retracement, bitcoin has calmed down around $63,000. However, its dominance continues to suffer and is below 53%. This comes amid an impressive increase from Ethereum, which neared $2,500 and marked yet another record of its own. Bitcoin’s ATH and $4K Turbulence As reported two days ago, the primary cryptocurrency had finally broken above its long-time nemesis at $60,000. Furthermore, the asset continued upwards to new all-time high levels on the same day at about $63,000. Yesterday seemed even more bullish as BTC added roughly $2,000 of value…

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Cardano Prepares for Plutus Powered Smart Contracts

Cardano has released more details on Plutus, it’s native programming language that will be used to write smart contracts after its next major upgrade, Alonzo. In a blog post on April 13, IOHK – the firm behind Cardano – explained that Plutus contracts consist of parts that run on-chain and parts that run on a user’s machine off-chain. It added that both parts are actually written in the Haskell programming language but are compiled by Plutus which provides the framework for smart contracts on Cardano. Bitcoin Inspiration Just like Bitcoin, Cardano uses the UTXO (unspent transaction output) model where the…

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Cardano Price Analysis: ADA Sets New ATH Above $1.5

ADA/USD – Bulls Set New ATHs Above $1.50 Key Support Levels: $1.37, $1.20, $1.15.Key Resistance Levels: $1.56, $1.62, $1.69. Cardano saw a strong 17% price surge this week, allowing the cryptocurrency to finally break $1.50 and set a new ATH at $1.56. Before this price move, ADA struggled to close a daily candle above $1.37 (1.414 Fib Extension). It had reversed from $1.37 toward mid-March and dropped until support was found at an ascending trend line. In the first few days of April, ADA established strong support at $1.15 as it started to push higher again. The resistance at $1.37…

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Crypto Blast: Bitcoin ATH Around $65k, Ethereum at $2400 (Market Watch)

It took precisely a month, but bitcoin finally breached its previous all-time high yesterday and hasn’t looked back since. However, its dominance continues to decline as most altcoins have surged even more, with Ethereum touching $2,400 and XRP closing down to $2. Bitcoin’s Latest ATH at $65K The primary cryptocurrency seemed stuck beneath $60,000 for a while. Most attempts to break above it were met with violent rejections that drove its price south. However, the situation changed in the past few days as BTC finally reconquered its nemesis. After standing above $60,000 for a day or two, the community speculated…

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Orion Protocol To Implement Polkadot Into Orion Terminal, Following Integrations With Cardano, Ethereum

The Orion Protocol has been on an integration run of late, during which time it has integrated Cardano, Fantom, BSC, Huobi’s ECO Chain, Avalanche, Ethereum, and Elrond into its system. Now, the network has once again announced an integration, this time of Polkadot. This integration was done via Moonbeam and the UI/UX needed for integration is currently being developed. The integration is expected to be completed by the second quarter of 2021. All this is being done in line with the Orion Terminal’s goal of providing easy access to liquidity for its users and connecting the wider crypto market. Opening…

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Bitcoin Comes Inches From ATH as Ripple Price Surged to $1.6 (Market Watch)

Bitcoin has remained above its nemesis at $60,000 and even came less than 1% away from breaking its own ATH record. Some altcoins have marked substantial gains, including another ATH for BNB yesterday and a massive double-digit pump for Ripple to $1.6. Bitcoin Came $450 Away From its Record The primary cryptocurrency’s story with $60,000 continues. After finally breaking above it on Saturday, the asset dumped well below on Sunday. However, the bulls kept pushing upwards yesterday, which led to another breakout attempt. This time, BTC reached $61,200 (on Bitstamp). Another retracement followed but bitcoin ultimately prevailed over $60,000 and…

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Market Watch: BTC Tests $61K While BNB Skyrockets 150% in 2 Weeks

Bitcoin’s prolonged story with the $60,000 price mark continues as the asset has spiked above it once again. However, its dominance keeps suffering as some altcoins have marked substantial gains. Binance Coin stands out with a massive double-digit price surge and yet another ATH at above $570. Bitcoin Flirts With $60K Again The primary cryptocurrency continues its fight with its round-numbered nemesis $60,000. As reported on Saturday, it seemed that the asset’s struggles were finally behind it as BTC spiked above it and even reached a 3-week high of $61,200. However, Sunday turned out to be a different story as…

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And The Best-Performing Cryptocurrency Of The Past Year Is… Cardano(ADA), With Incredible 3,290% Returns

Cardano (ADA) has enjoyed a meteoric rise over the last year. The cryptocurrency is up by over 3,200% and is outshining every other crypto-asset, including the flagship cryptocurrency, bitcoin.  Despite the massive upsurge that Cardano has registered over the last couple of months, analysts believe there’s more growth ahead. Amazing! ADA Outpaces All Other Cryptocurrencies It might come as a shock to you but Cardano’s ADA is way ahead of other major cryptocurrencies in terms of the past year’s performance. The feat was pointed out by Compound Capital Advisors’ CEO and founder, Charlie Bilello. Bilello compiled the performances of the…

Continue Reading And The Best-Performing Cryptocurrency Of The Past Year Is… Cardano(ADA), With Incredible 3,290% Returns

Bitcoin Struggling at $60K: Stellar (XLM) Enters Top 10 After 25% Surge (Market Watch)

Despite overcoming its nemesis at $60,000 yesterday, bitcoin’s struggles with that particular benchmark level continue as the asset has dipped beneath it. Most altcoins have also retraced slightly, with the apparent exception of Ripple (XRP), which surged to a new 3-year high of $1.4 following more positive news in the ongoing legal battles with the SEC. Bitcoin Dips Below $60K Once Again After a three-week-long wait, bitcoin finally overcame $60,000 yesterday. Furthermore, the cryptocurrency kept going upwards and charted a high of $61,200. However, the situation has changed since then. Just as the community was over joyous with the developments,…

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Bitcoin Explodes Above $60K: Ethereum & BNB Break ATHs

After failing to overcome its round-numbered nemesis of $60,000 for weeks, bitcoin has finally broken above it. Most alternative coins are also well in the green, with ETH and BNB surging to new ATH records at just shy of $2,200 and $485, respectively. Bitcoin Skyrockets Above $60K Bitcoin was unable to continue north following its all-time high in mid-March at $61,800. Just the opposite, the cryptocurrency reversed its trajectory and a few weeks later even threatened to dump below $50,000. Although it tried on several occasions to reclaim $60,000, it failed, and every rejection drove it further south. However, the…

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Alonzo Marks Next Phase In Cardano’s Evolution As A Worldwide Distributed Ledger

Smart contracts are finally coming to Cardano. In a new blog post, Input Output Hong Kong (IOHK) has revealed that it’s targeting a late summer launch for the Alonzo hard fork which will lay the foundation for Cardano to support new applications. IOHK has been working towards making Cardano the enterprise blockchain of choice for months now. It started with the Allegra protocol update in December that introduced token-locking to Cardano. In early March, it underwent the Mary hard fork that allowed its users to create tokens for transactions on Cardano. Alonzo is the next upgrade for the blockchain network…

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Crypto Price Analysis & Overview April 9th: Bitcoin, Ethereum, Ripple, Binance Coin, and Cardano

Bitcoin Bitcoin moved sideways over the last week of trading as it sits at $58,500. At the start of the week, the cryptocurrency made multiple attempts to break the $60,000 level but failed on each attempt. It then went on to establish support at $57,000. However, this support was penetrated on Wednesday as BTC plummeted as low as $55,440. Luckily, the buyers regrouped at this low and managed to allow BTC to rebound above $58,000 yesterday. Today, BTC continued higher to break resistance at $58,355 to reach as high as $58,500, where it currently trades. Looking ahead, the first level…

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Crypto Market Cap Reclaims $2 Trillion: Bitcoin Eyes $58K (Market Watch)

Following a few consecutive days of price slumps and bottoming at $55,500, bitcoin has bounced off and jumped to approximately $58,000. Most alternative coins are also well in the green, with Binance Coin registering yet another all-time high above $420 and XRP surging back to north of $1. Bitcoin Aims at Conquering $58,000 Following the latest rejection just before the $60,000 line on April 6th, bitcoin headed south. In the following few days, the asset lost more than $4,000 of value, which led to the lowest price level in ten days on Wednesday below $55,000 as reported. However, the cryptocurrency…

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