East Asia Dominates World’s Onchain Crypto Activity, Europe and North America Trail Behind

East Asia Dominates World’s Onchain Crypto Activity, Europe and North America Trail Behind

Crypto activity continues to flourish worldwide, according to a new cryptocurrency adoption index published by the blockchain intelligence firm Chainalysis. The researchers compile onchain digital currency retail value transferred, onchain crypto deposits, peer-to-peer exchange volume, and other types of methodology. Chainalysis recently published a new report called the “2020 Geography of Crypto,” a study that … Read more

Firstderivative Yield Farming Project Is Now Live With x10 Bonus

Firstderivative Yield Farming Project Is Now Live With x10 Bonus

The latest trends at the cryptocurrency market are largely characterized by DeFi gaining more momentum and the upcoming launch of ETH 2.0 staking algorithm. As both DeFi and staking markets keep growing swiftly, their synergy also strengthens, leading to an increased superposition and consequently more composability. However, those processes come with a number of complications … Read more

Here’s Why Bitcoin Traders Should Be Favoring Longs Right Now

Bitcoin has been stalling around the high-$10,000s over the past few days despite the surged earlier this week. The coin now trades at $10,850 as of this article’s writing, a few percent shy of the local high. Analysts are certain that investors should be favoring longs right now. Here’s why they think so. Related Reading: Here’s … Read more

XRP Could Be Gearing Up for a “Moon Mission” as Bulls Reclaim Key Level

XRP Could Be Gearing Up for a “Moon Mission” as Bulls Reclaim Key Level

XRP and the aggregated altcoin market is currently caught within a consolidation phase as Bitcoin struggles to gain any decisive momentum. It does appear that these tokens are awaiting more directionality from BTC before they make any sizeable movements. This has, in turn, caused smaller altcoins to also fall into bouts of sideways trading. Although … Read more

Uniswap’s Token UNI Stable Above $5.50 as Negative Funding Rates Soar

Uniswap’s Token UNI Stable Above $5.50 as Negative Funding Rates Soar

Uniswap’s recently released token – called UNI – has seen massive inflows of investments throughout the past day, with the large buy-side orders far outweighing the relatively small sell orders from users who received 400 tokens via an airdrop. This uptrend has been further perpetuated by multiple exchange listings, with the likes of Coinbase, FTX, … Read more

Ripple Price Prediction: XRP/USD Bears Retain Control As the Price Falls Below $0.25

Ripple Price Prediction: XRP/USD Bears Retain Control As the Price Falls Below $0.25

XRP Price Prediction – September 18 The Ripple (XRP) price continues to trade below the crucial $0.25 resistance level. XRP/USD Market Key Levels: Resistance levels: $0.28, $0.30, $0.31 Support levels: $0.22, $0.21, $0.20 XRPUSD – Daily ChartAt the time of writing, XRP/USD is correcting downwards after touching the resistance at $0.255. However, given the large … Read more

Bitcoin Price Prediction: BTC/USD Holds Strong Above $10,800; A Firm Case for Upside?

Bitcoin Price Prediction: BTC/USD Holds Strong Above $10,800; A Firm Case for Upside?

Bitcoin (BTC) Price Prediction – September 18 The Bitcoin (BTC) is currently correcting gains, but dips are likely to remain supported near $10,500. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $11,800, $12,000, $12,200 Support Levels: $10,200, $10,000, $9,800 BTCUSD – Daily ChartAccording to the daily chart, BTC/USD may extend the downside correction … Read more

New Dollar Tax in Argentina Could Boost Crypto Adoption

New Dollar Tax in Argentina Could Boost Crypto Adoption

Argentina recently imposed a new 35% tax on all purchases made in US Dollars. This new dollar tax could prove to be a boon for stablecoins pegged to USD, like DAI, which saw trading volumes rise after the news. The extensive demand for US Dollar The central bank of Argentina is having a tough time … Read more