Crypto Currencies Investing, Mining, Trading News & Updates
Liu said that while a portion of that capital is being used for other purposes – for example, to earn yield through DeFi protocols – the sheer size of the available liquidity meant that, if crypto prices start rising again, stablecoins will likely add fuel to the fire.
Bitcoin price extended its rally and climbed above the $10,500 and $10,650 resistances against the US Dollar. The price is currently correcting lower after trading to a new monthly high at $10,790. There is a major bullish trend line forming with support near $10,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is showing positive signs and it remains well bid near $10,500 and $10,400. Bitcoin price is gaining bullish momentum above $10,500 against the US Dollar. BTC might correct lower, but it is likely to bounce back from the $10,400 support. Bitcoin Price Analysis Yesterday, we saw a nice upward move in BTC, Ethereum and ripple against the US Dollar. The bulls gained traction and pushed bitcoin above the…
Vice President Kamala Harris announced her unconditional support for cryptocurrency and digital assets at a recent fundraiser, just weeks before…
Market observers expect ether to outperform bitcoin in the coming weeks as the token gives exposure to a flourishing Ethereum…