Overall Market Uptrend, Bitcoin Hits $7,600 Targets $8k

The cryptocurrency market is showing an overall upward trend on April 26. Six of the top 10 cryptocurrencies by market cap surged, and four are lighting red indicating a fall. Bitcoin (BTC) aims to touch the $8,000 mark.

Stablecoins now dominant Ethereum-based medium of exchange as aggregate market cap doubles year-to-date

Quick Take

  • The aggregate Ethereum-based stablecoin market capitalization has increased 95.38% year-to-date to $6.25bn
  • Since the start of 2020, stablecoin weekly transaction volume has consistently outweighed Ether (ETH) transaction volume by 3:1
  • While Huobi USD and Binance USD continue to build market share, unique holder and user metrics suggest adoption solely among large professional entities  

Bitcoin Trades Above $7300, Is the Next Bull Run Near?

The world’s number one cryptocurrency, Bitcoin, has resumed its upward trajectory and is expected to trade above $8,000 soon. Bitcoin has now hit and exceeded the $7,000 resistance level. This momentum is one of the signals of a massive rally and a pos…

Top 10 Cryptocurrencies for February 2020

The last month has been written in the history books as a trading session that has offered some amazing returns in the blockchain and digital asset market. Following the protracted bearish trading period, the world’s top cryptocurrency managed to hit a…

Why is the crypto market crashing?

Following a strong rally last week, almost all major cryptocurrencies took a blow yesterday. We take a look why.
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