BAL, the native cryptocurrency of Balancer, the popular automated market maker (AMM) utilized by many DeFi users to trade cryptocurrencies, has surged to new record highs above $70 on April 15. BAL/USDT 1-day price chart (Binance). Source: TradingView.comThere are two key reasons behind the uptrend of BAL, namely the buzz around the Coinbase public listing and the resurgence of … [Read more...] about Balancer (BAL) price soars to new all-time high: What’s driving the rally?
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Bitcoin Could Be in the Greed Stage Based on High Leverage Being Used
Bitcoin’s market could have entered the ‘greed stage’ based on the high leverage being used by BTC tradersThe amount of leverage has increased since FebruaryThe weekly Bitcoin chart is hinting of exhaustion and a top might not be too far awayThe Bitcoin market might have entered the ‘greed stage’. This is according to an analysis done by the CEO of CryptoQuant, Ki Young Ju, who … [Read more...] about Bitcoin Could Be in the Greed Stage Based on High Leverage Being Used
Ether hits new all-time high above $2,200 hours ahead of Berlin hard fork
Ether (ETH) surged to a new all-time high on Tuesday, with the next major update in its ongoing development — dubbed “Berlin” — scheduled for Wednesday, April 14. The Ether price reached $2,228 on April 13, marking the highest dollar valuation the coin has achieved since its conception. The coin’s market capitalization exceeded $250 billion for the first time. For context, the … [Read more...] about Ether hits new all-time high above $2,200 hours ahead of Berlin hard fork
Watch these key technical levels as Bitcoin price nears $61,800 all-time high
The price of Bitcoin (BTC) has surpassed $61,000 on April 10 for the first time in nearly a month. Following the breakout, traders are starting to look at new levels of resistance and support in the short-term as optimism returns to the market.In the near term, besides the all-time high at around $61,800, there are three key Bitcoin price levels to observe: $61,188, $58,387 and … [Read more...] about Watch these key technical levels as Bitcoin price nears $61,800 all-time high
Bitcoin Whales Holding 100k+ BTC Increase to an 11 Month High
Summary:The number of Bitcoin whales holding 100k BTC or more has hit an 11 month highThe whales now control 2.20% of Bitcoin supply up from 0.76% 11 weeks agoAt the same time, smaller addresses of 1k – 100k Bitcoin have droppedThe drop could be attributed to selling before BTC broke $60kBitcoin could lose the $58k support zone during the weekly closeBitcoin whales holding 100k … [Read more...] about Bitcoin Whales Holding 100k+ BTC Increase to an 11 Month High