Bitcoin (BTC) rallied from an intraday low at $17,573.29 on Dec. 11 to an intraday high at $29,310.19 on Dec. 31, a 66.78% rally in a short span. This shows strong demand from traders at every higher level. Institutional crypto investment giant Grayscale bought 72,950 Bitcoin in December, which was 159.49% more than the 28,112…
Cover Protocol announces compensation plan following mining contract attack
Peer-to-peer coverage market Cover Protocol has published a compensation plan for tokenholders and liquidity providers affected by the recent hack. As part of the process, the Cover Protocol team took a snapshot at block height 11,541,218, the last transaction block before the exploit began. Eligible liquidity providers on Uniswap, SushiSwap and Balancer will receive new COVER…
2020 saw cryptocurrencies in India gaining momentum. What does 2021 hold for us?
2020 was a stellar year for cryptocurrencies in India, gaining momentum especially in India. All-time high, Price Pumps, FOMO, and Crypto to the Moon are some phrases from the 2017 crypto bull run, which reappeared. Market Cap and volumes showed impressive growth and active users and wallet holders were on a steep hike. Being a…
“Bitcoin Price Breaks $29K, Why BTC Is Likely To Hit $30K” Daily Crypto Report 31/12/2020
Price Change Today: Bitcoin Price (BTC) is up 2.29% at $29088.11, Ethereum Price (ETH) is up 0.42% at $744.26, and, Litecoin Price (LTC) is down 3.24% at $126.93. Top Gainers in 24 Hours are: UNI is up 18.96%, DOT is up 10.85%, and, KSM is up 9.62%. Leave a comment Top Crypto Headlines for 31/12/2020 are: 1. This Ethereum Defi protocol gained $1 billion in…
4 reasons why Ethereum options traders expect ETH price to reach $880
Ethereum (ETH) price has gained 88% since November, astonishing even the most bullish investors as the top altcoin secured a 2020 high at $750. Aside from the upcoming CME ETH futures launch scheduled for Feb. 8, the phenomenal growth of the total value locked (TVL) in Decentralized Finance protocols also played a major part. Total…
Polkadot Price Surges to a New All-Time High, Large-Cap Altcoins to Rally in 2021
In the past 24 hours, Polkadot price has surged over 16.83%, even recording an all-time high price today at $7.64. Polkadot (DOT), currently ranks sixth by market capitalization, which is at over $6.8 billion. Large-cap altcoins triggered bull runs with Bitcoin The cryptocurrency market as a whole is in a great place. Start-ups are booming,…