September 2020 - Page 2 of 6

DigiByte breakout boosted by a key partnership with PAC Global. DigiByte wedge pattern breakout sends it above $0.025 resistance, but a retreat is underway. The breakout from the dips encountered in September found the right boost following news that DigiByte was partnering with PAC Global Platforms. The partnership will see PAC Global’s Masternodes added to

Altcoin News

Bitcoin Price Analysis: BTC Eyes $12,000 If 50-day MA Flips Into Support

Bitcoin price climbs above the $11,000 critical level for the first time since the drop to $9,800 in early September. Bitcoin bulls eye the 50-day SMA resistance; if turned into support, the hurdle at $11,374 – $11,702 can be tackled. The flagship cryptocurrency has resumed the uptrend, and for the first time since the drop

Bhushan Akolkar September 16, 2020

DeFi News

binance-cream-finance-sushi-yield-farming

DeFi News

Crypto Exchange Binance Lists DeFi Token Cream Finance [CREAM], Faces Backlash

Cryptocurrency exchange Binance announced earlier today that it will list DeFi token Crean Finance (CREAM) on its platform. Binance will offer open trading for CREAM by for trading pairs with Binance Coin (BNB) and its own stablecoin BUSD. Cream Finance is a forked version of Compound Finance and a decentralized peer-to-peer lending platform. The name

Bhushan Akolkar September 16, 2020

DeFi News

Ethereum Locked in DeFi Soars to a Fresh ATH

Crypto is probably one of the fastest moving space in the world. Its eras are defined by the most popular yearly trends that dominate the headlines. And 2020 could potentially be the year of decentralized finance [DeFi]. The current DeFi mania is often touted as the next evolution of financial markets space. It has continued to

Ketaki Dixit September 17, 2020

Bitcoin News

Bitcoin News

Bitcoin – Ethereum Correlation Witnesses 6-Month Slump

Bitcoin is the undisputed leader and all the other crypto-assets closely follow its valuation. Ethereum [ETH] might be an independent asset with completely different reason d’être from that of Bitcoin, but at times, it also happens to mimic the latter’s price action. In the digital asset market, the king coin being the front runner and

Ketaki Dixit September 17, 2020

Bitcoin News

Bakkt’s Bitcoin Futures Volume Reaches an ATH, Signaling Growth In Institutional Bitcoin Investment

Bitcoin’s consolidating price has proven to be a good sign for the traders to begin accumulating. This trend is also gaining strength among Institutional players as Bakkt noted record daily trading volumes. Institutional investors and their interest in Bitcoin futures are driving growth on derivatives exchanges like the Chicago Mercantile Exchange and Bakkt. Interestingly, the

Regulation News

Regulation News

Ripple CEO Disappointed by India’s Stifling Crypto Ban Revival

Crypto industry executives have voiced disappointment over the continual indecision from the Indian parliament over the future of the digital asset ecosystem within the country. Ripple CEO Brad Garlinghouse was one of the first to respond to a recent report claiming that India plans to introduce a new law banning trade in cryptocurrencies. The fintech

Guest Author September 16, 2020

Press Release

StormGain Signs Long-Term Partnership with Serie A’s SS Lazio

16th September 2020: Cryptocurrency trading platform StormGain is proud to announce a multi-year deal to become the Official Crypto Trading Partner of SS Lazio. The sponsorship aligns two partners who pride themselves on combining tradition with innovation to achieve success. StormGain marries crypto trading with the latest technologies to help its clients achieve positive results.

Guest Author September 16, 2020

DeFi News

DeFi News

Bitcoin Tokenized on Ethereum Approaches $1 Billion

More investors are using their Bitcoin to invest in high yielding DeFi farming incentives as the amount of tokenized BTC has surged to record levels. Tokenized, or wrapped, Bitcoin has gained so much popularity this year that there is almost a billion dollars’ worth of it circulating now. The parabolic surge over the past couple

Altcoin News

Chainlink Technical Analysis: LINK On The Cusp Of A Breakdown But Can $10 Support Hold?

Chainlink breaks down below an ascending triangle pattern. LINK/USD could end up in dire losses, likely to refresh support at $8.85 if support at $10 is broken. Chainlink has continued to lose dominance in market capitalization and comparison to digital assets like Polkadot, Bitcoin Cash, and Binance Coin. The race for the fifth spot in

Altcoin News

Aave Technical Analysis: LEND plummets 20% in 24 hours as altcoins bleed across the board

Aave reacts to a bear flag, extending the lower leg to refresh support at $5.50. LEND/USD is mainly in the bulls’ hands, but a reversal is anticipated at $5.00. The cryptocurrency market is deeply in the red following the initial declines recorded in September’s first week. Recovery has not been forthcoming both for the small

Bitcoin News

Bitcoin’s Active Address Count Nears ATH; Here’s What It Means

Bulls appeared to be favouring Bitcoin (BTC)’s price movement as it continued to ride high on the charts. The largest cryptocurrency by market cap breached a crucial resistance climbing all the way up to $10,869 after surging by more than 7% over the last two days. Onchain Switches Bullish: Surging Active Addresses The uptrend seems

Bhushan Akolkar September 15, 2020

Regulation News

Regulation News

India Is Considering A Law to Ban Cryptocurrency Trading Again

India, Asia’s third-largest economy is set to introduce another hard-hitting measure on cryptocurrency trading. As part of its next regulatory move, Indian lawmakers are planning to introduce a bill banning crypto trading during its ongoing parliamentary session. Sources familiar with the matter told Bloomberg that the federal government is not keen to have cryptocurrencies functional

Bhushan Akolkar September 15, 2020

DeFi News

Binance-Listed Bella Token (BEL) Witnesses Over 1000% Price Surge

The native token of Bella Protocol, BEL token, surged by a whopping 1000% in less than three hours after Binance listing. From a mere $0.75. During its initial token sale, BEL soared all the way up to the press time price of $9.66. Notably, this news comes after the world’s leading cryptocurrency exchange Binance listed the token

DeFi News

DeFi Pulse Index (DPI) Liquidity Pool Surges to $640 Million

A new DeFi index token from data provider DeFi Pulse and Set Protocol has surged in popularity since its launch indicating a huge demand for user friendly DeFi products. Decentralized finance can be a bit of a minefield to those unfamiliar with the landscape. Tokens and protocols appear on a daily basis and many disappear

Bitcoin News

Bitcoin Spent Output Profit Ratio Shows Bull Market Signal

There are too many Bitcoin metrics to count, but one relatively unknown one is currently flashing a big buy signal, and it has been accurate many times before. The Bitcoin Spent Output Profit Ratio (SOPR) is a metric that determines the profit ratio of BTC moved on-chain. It is calculated from spent outputs with a

Altcoin News

Binance Coin Technical Analysis: BNB Drawing Closer To Yearly Highs, DeFi Integration Spikes Interest

Binance DeFi integration causes a spike in network activity while creating interest in Binance Coin. BNB seeks support after rejection at $34; the buyer congestion at $28 to come in handy. Binance Coin dived to lows of $6.4 following the Black Thursday crash in March. The majority of markets around the globe were feeling the

Bitcoin News

Bitcoin Price Prediction: BTC Symmetrical Triangle Breakout Aiming For $11,200

Bitcoin bulls remain relentless in the fight for gains above $11,000 following triangle breakout. More upward price action awaits Bitcoin, especially if the resistance between $10,678 and $10,978 is flipped into support. Bitcoin sliced through the resistance at $10,600 on Monday during the American session. The breakout took place following a breather from the gains

Altcoin News

DeFi Dominance: Binance Coin [BNB] Hits $33.04 High With Large Transaction Volumes

After a rocky sideways movement for over 2 months, Binance Coin (BNB) struggled its way to the top to reach $33.04, its highest since the last $31.64 hike yesterday. For a short period, Binance Coin (BNB) overtook Polkadot and Chainlink to rank the fifth-largest cryptocurrency by market capitalization. At the time of writing, Polkadot replaced