Altcoins retrace to 2017 levels: why it’s a critical moment for Ethereum, XRP, et al. | EMURGO CEO talks Cardano development, important ADA milestones and what the future holdsBTC 📉 $8309 (-3.51%) / ETH 📉 $180 (-2.71%) / XRP 📉 $0.25 (-3.92%)
100k BTC is a key psychological level for BitMEX Bitcoin futures contracts
The number of open BitMEX Bitcoin futures contracts (XBTUSD) tends to peak at around $1 billion, or 100,000 BTC. Having open interest heavily dependant on key psychological levels shows that the crypto derivatives market has matured. MakerDAO launches Multi-Collateral Dai as MKR holds steady
MakerDAO announced the release of Multi-Collateral Dai (MCD). The move is going to bring a wide range of new features to the Maker protocol, including Dai Savings Rate (DSR) and additional collateral asset types. EOS, LINK, and XTZ are signaling a significant price movement
Several altcoins are starting to move exponentially despite Michael Novogratz’s claim that the “market is getting smarter.” VeChain, for instance, has been on a rampage surging nearly 185 percent in the last 22 days. Verge (XVG) prepares for a hardfork that could impact its price
Privacy-centric Verge (XVG) is preparing to conduct a hard fork that would change the way its halving is structured. As the amount of XVG that can be mined over time is limited, its price could be significantly impacted. EMURGO CEO talks Cardano development, important ADA milestones and what the future holds
CryptoSlate recently had the opportunity to talk with the CEO of EMURGO, Ken Kodama. EMURGO is the commercial arm of Cardano. As CEO of EMURGO, Kodama leads the overall mission to drive the adoption of Cardano by building, investing in, and advising projects or organizations that adopt Cardano’s third-generation decentralized blockchain ecosystem. Bybit launches ‘BTC Brawl’ trading competition
Cryptocurrency derivatives exchange Bybit has announced the launch of the BTC Brawl competition, which has been dubbed the “biggest global team trading competition the world has ever seen!” Altcoins retrace to 2017 levels: why it’s a critical moment for Ethereum, XRP, et al.
Most major altcoins in the likes of Ethereum and XRP have already retraced to 2017 levels. As Bitcoin gears towards a bearish short term trend, investors remain divided on whether altcoins will continue their recovery or begin to see weakened momentum. Ethereum nears technical breakout level as analysts eye further upside
The recent volatility in the crypto markets has led the price action of major altcoins like Ethereum to form a close correlation to that of Bitcoin, which means that the aggregated market has fallen into a bout of sideways trading over the past couple of days. Data shows retail interest in Bitcoin plateauing as BTC price stagnates
Bitcoin has been facing steep selling pressure over the past 24-hours that has marked an extension of that which was first incurred when it broke below $9,000 earlier this month — a previous support level that BTC bulls had been ardently defending. Founders of privacy-focused Brave browser say they’re in an arms race they can win
In a Reddit AMA, the co-founders of Brave said that the battle for privacy was an arms race they can win thanks to the company’s ability to innovate quickly. Featured companies📈 Bybit - Bybit is a cryptocurrency derivatives trading platform established in March 2018. It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Learn more Want to be seen here? Contact us Crypto market dataFor more pertinent market data, please see: Connect with usTelegram • Twitter • Facebook • LinkedIn • YouTube • Instagram Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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