Wednesday, April 21, 2021

Cointelegraph By Joseph Young

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Bad omen? US dollar and Bitcoin are both slumping in a rare trend

The price of Bitcoin (BTC) has been struggling to stay above $56,000 on April 20, which whale clusters pinpointed as a crucial short-term price...

Bitcoin technicals sour as price dives under $54K and two critical whale clusters

Bitcoin has dropped below $54,000 on April 20 while whale clusters suggest that the key areas for BTC to reclaim in the short term are...

Bitcoin traders are eyeing these price levels as BTC rebounds from weekend crash

The price of Bitcoin (BTC) is recovering after a strong sell-off during the weekend, caused by cascading liquidations in the futures market.As long as...

Binance Coin regains 20% in a day: Why is BNB seeing such a strong recovery?

The price of Binance Coin (BNB), the native cryptocurrency of Binance and Binance Smart Chain, rallied by more than 20% in the last 24...

Peak fear? Bitcoin funding rates crash to lowest levels in 7 months

The funding rate of Bitcoin (BTC) has dropped to levels not seen since September 2020 as the price of Bitcoin plummeted below $52,000 on...

Bitcoin dips under $60,000 — What's pulling down BTC price?

The price of Bitcoin (BTC) declined below $60,000 on April 17 after a strong rally throughout the past week in anticipation of the Coinbase...

Is Bitcoin becoming the 'Google' of crypto as BTC market cap nears new milestone?

Holger Zschaepitz, a market analyst at Welt, emphasized that Bitcoin (BTC) is nearing the valuation of Google, as it heads toward $1.5 trillion in...

Is DeFi yield appetite rising again? Enso raises $5M as YFI hits new highs

The appetite for DeFi is rising again as blue chips are rallying and yield-earning strategy-sharing platforms, like Enso, are on the rise.Enso, a platform...

Record $600M BNB burn suggests Binance made $750M in profit in Q1

Binance Coin (BNB) saw its 15th burn to date on April 16. According to on-chain data, Binance burned nearly $600 million worth of BNB...

Balancer (BAL) price soars to new all-time high: What's driving the rally?

BAL, the native cryptocurrency of Balancer, the popular automated market maker (AMM) utilized by many DeFi users to trade cryptocurrencies, has surged to new...

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