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Volatile Week for Bitcoin

Bitcoin suffered a major drop last week, dropping $ 3,000 from $ 19,000 to the $ 16,500-17,000 range, representing a 10% decline The sudden drop caught many traders off guard, as the cryptocurrency was trading just a few days ago at no less than 2% below its all-time high of $19,783. The price of Bitcoin (BTC) has experienced volatility in recent hours. The major digital currency fell within hours, declining sharply after breaking through...

Bitcoin, News

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Avalanche Begins Final Phase of Testing on Bridge to Ethereum

ChainSafe’s ChainBridge technology to enable assets to flow between the two blockchains New York, NY – November  23, 2020 —  Avalanche, the highly-scalable, open-source platform for launching decentralized finance (DeFi) applications, has begun the final phase of testing of a bridge to connect its ecosystem to Ethereum. When deployed to mainnet, the bridge will open a gateway for simple, secure transfers of assets between Avalanche...

Blockchain, DeFi, Ethereum, News, Press release

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Covid effect helps the adoption of cryptocurrencies in Latin America, registers 7% participation worldwide

“The increase in liquidity due to the macroeconomic measure QE will allow converting that money into cryptocurrencies”, CZ, CEO of BinanceThe world’s largest exchange increased the incorporation of institutional clients by 60% during Q3 2020 Colombia, Bogotá DC, November 19, 2020.- Binance, the largest cryptocurrency exchange platform worldwide, detects that, as part of the effects that the impact of the pandemic produced...

Cryptocurrencies, Exchanges, News, Press release

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DCG Releases Latest ‘State of Crypto’ Report

The report captures the pulse of the crypto industry in an unprecedented year. October 22, 2020 09:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, today released its latest ‘State of Crypto’ Report, which offers insight into the most salient topics and trends in the blockchain and crypto industry. As the world’s most...

Blockchain, Crypto world, News

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PrimeXBT Analyst Expects Bitcoin To Hit DeFi-Powered Ethereum Success

 Although Bitcoin is the best performing asset of 2020, outperforming gold, stock indices, oil trading and anything else, Ethereum has outperformed the leading cryptocurrency by market capitalization by a wide margin. Ethereum rallied from $ 130 to $ 490 in 2020 alone and remains above 180% to date. Bitcoin, on the other hand, has only had a 60% Return on Investment (ROI) for the year. Ethereum’s further success was fueled by the...

Bitcoin, Cryptocurrencies, Ethereum, News

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