There is no denying the fact that the crypto market has grown from strength to strength over the course of 2021, as is best highlighted by the total capitalization of the industry recently hitting the $3-trillion mark, albeit for a relatively brief period of time. That said, stablecoins, a class of cryptos that have their value pegged to a fiat currency, have seen their usage … [Read more...] about Stablecoin issuers poised to be banks of the future on road to adoption
Poised
Ether Poised for Biggest Monthly Price Gain Since April; Analysts Remain Bullish
Katie Stockton, the founder and managing partner of Fairlead Strategies, expects a breakout as intermediate and long-term trends are positive. “The rising 50-day (~10-week) MA, near $2,707 currently, has now become initial support for ether, but we think short-term overbought conditions may be absorbed without a pullback of that magnitude,” Stockton mentioned in the weekly … [Read more...] about Ether Poised for Biggest Monthly Price Gain Since April; Analysts Remain Bullish
Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range
Ethereum's native token, Ether (ETH), has the prospect of logging a 40% price rally against its top rival, Bitcoin (BTC), per a classic technical pattern.Dubbed a "symmetrical triangle," the structure develops after the price forms a series of higher lows and lower highs. Doing so results in a convergence of two trendlines with a degree of symmetry, which appears a a … [Read more...] about Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range
DeFi 2.0 poised to defy expectations this summer
Before the summer of 2020, DeFi was hardly on anyone’s radar. This was understandable given its under-one-billion-dollar TVL at the time, which represents a market cap that even a meme coin could surpass in a matter of months. Since then, from May 2020 to May 2021, an entirely new financial infrastructure has been created, boasting spectacular growth at over 7,250%.Source: … [Read more...] about DeFi 2.0 poised to defy expectations this summer
Bitcoin poised above $60K as Coinbase IPO strengthens bullish outlook
BTC retests $61,200 as bullish sentiment puts bulls on brink of another breakout. Bitcoin (BTC) price has touched highs of $61,199 in intraday trades as bulls look to strike a new all-time high. This follows Bitcoin’s highest weekly close of $59,985, which could be the foundation for an extended upside that takes the benchmark cryptocurrency beyond $62k. Last week BTC gained … [Read more...] about Bitcoin poised above $60K as Coinbase IPO strengthens bullish outlook