Blockchain 

Ethereum (ETH) Soars 35% in a Month

Ethereum (ETH) continues to gather pace after an impressive start to the year. The second-largest cryptocurrency by market cap has already risen to a two-month high of $165 after a 13% rally this week. Over the past month, the cryptocurrency has rallied by more than 35% and is showing no signs of slowing down. Ethereum Price Gain Price gains have coincided with an uptick in trading volume, affirming renewed investor interest in crypto after a roller coaster 2019. Trading volumes have more than doubled to highs of $17.9 million over…

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Bitcoin 

Bitcoin (BTC) Soars Above $8K Mark on Geopolitical Concerns

One of the most remarkable events in the crypto space took place in the first half of 2019 when Bitcoin (BTC) went on a remarkable rally that almost mirrored the rally from 2017. However, the rally soon fizzled out, and it has been a bit of a rollercoaster ride for the world’s biggest cryptocurrency by market cap. That being said, BTC has managed to make a remarkable comeback in 2020, and today it breached the psychologically important level of $8,000. It should also be noted that the token hit its…

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Blockchain 

Ripple (XRP) Soars 18% | Binance Futures Launches XRP/USDT Contract

Even when the crypto space enjoyed a sustained rally in the first of 2019, XRP seemed to lag behind considerably, and much of the blame for that had been placed at the door of the company Ripple. However, things seemed to have gone off to a rather good start for XRP in 2020, after it surged considerably over the past two days. While it is true that there were gains in the wider cryptocurrency space, it should be pointed out that XRP emerged as the biggest gainer in the market…

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Blockchain 

Vechain (VET) Soars 100% in Few Weeks

One thing that has remained a constant over the past few years in the crypto space is the sort of seemingly unexplained volatility that is experienced by certain tokens like Vechain (VET). Vechain is a blockchain-powered platform and is primarily meant for helping users with supply chain management solutions. VET recently enjoyed a massive rally, despite the fact that the larger crypto market has been largely subdued. One of the most important things to point out about this particular project is the fact that it does have a use case.…

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Blockchain 

Stellar (XLM) Soars 18% as 55 Billion Tokens are Burned

Over the course of the past few years, many cryptocurrencies have emerged that have demonstrated a definite use case, and one of those is Stellar (XLM). SDF or the Stellar Development Foundation, which looks after the entire ecosystem of the cryptocurrency, made a major announcement today, and it could have far-reaching implications. Major Boost The SDF announced a new protocol altogether with regards to its network on Monday and added that it has burned as many as 55 billion XLM (Stellar Lumens). The burning of those many tokens by the…

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Blockchain 

Bakkt Futures Trade Volume Soars 800% After Slow Start

The Bakkt Futures trading volume for Bitcoin (BTC) has gained almost 800% in just one day after a slow start to life for the long-awaited futures contract trading platform headed by the Intercontinental Exchange (ICE). Bakkt Volume Reaches All-Time High A bot account on Twitter, which tracks the number of contracts traded on Bakkt, reported this morning that 224 BTC futures were traded on August 9, an eye-watering increase of 796% from the previous day. October 8’s volume of 25 BTC was coincidentally the lowest figure recorded since the platform…

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Blockchain 

Ripple (XRP) Soars 15% Suddenly, Other Cryptos Follow

The cryptocurrency space might have seen a remarkable surge in the first half of the year, but that was not the case with Ripple (XRP), the world’s third-biggest cryptocurrency by market cap. Ripple’s Rally a Boost for the Crypto Market As a matter of fact, XRP’s poor performance during the height of the Bitcoin rally prooved to be a huge bone of contention in the XRP community. However, that problem might be coming to an end as the XRP token has experienced a massive surge today, and over the course…

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Blockchain 

Cosmos (ATOM) Soars 55% This Week

Cosmos (ATOM) is the biggest mover in the crypto space over the past week amid growing optimism. Let’s analyze the key reasons. Key Drivers The Bitcoin rally that fired up the crypto space over the course of the first six months of the year may have slowed down considerably, but there are many other tokens that are making rapid gains in the market. One of those cryptocurrencies that has been making impressive gains over recent days is Cosmos (ATOM). The token has had a superb week and rallied by as…

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Blockchain 

Bitcoin Price Soars 7% as Bulls Find Support at Lower Levels

Over the course of the first half of the year, the cryptocurrency market enjoyed an amazing run, and much of it was driven by Bitcoin (BTC), which ended up with hefty gains at the end of each of those months. However, the months of July and August proved to be an extremely turbulent period for BTC as it lost momentum due to multiple factors and hovered within a lower range. That being said, the cryptocurrency seems to have made a grand comeback in September, and the bulls are ruling the…

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Blockchain 

Bitcoin Adjusted Dominance Soars | Bullish Sign for Times to Come?

Over the last couple of years, the crypto space has grown considerably, and nowadays there are around 2,500 cryptocurrencies in addition to Bitcoin. However, BTC still remains the most valuable and the biggest cryptocurrency in the world in terms of market capitalization. That being said, it is also important to note that over the years, there have been some altcoins that have threatened to upstage the coin as the most dominant cryptocurrencies in the market. Despite that, Bitcoin stands tall, and its domination of the wider crypto market remains as…

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