Bitcoin (white) and gold (red) on Aug.5.Source: TradingView Bitcoin is again acting like a macro asset, drawing bids amid a record rally in gold and a broad-based sell-off in the U.S.dollar.At the time of writing, the cryptocurrency is trading at $11,624.63, representing a 3% gain on the day, according to CoinDesk’s Bitcoin Price Index.Gold is…

1.Bitcoin riding high again Bitcoin prices have surged over $10,000 USD.Photo: Dmitry Demidko By the numbers: Bitcoin — 5,000% increase in Google search volume. Bitcoin started the week by cracking US$10,000 for the second time in 2 months, followed by a 12% flash crash within an hour.While prominent investors such as Michael Novogratz expect “liquidity…

Bitcoin (BTC) soared past the key technical resistance level of $11,500 and past $11,600 on Aug.5 as a fresh round of bullish sentiment canceled out more of last weekend’s plunge.Cryptocurrency market daily snapshot Aug.5.Source: Coin360 Data from Coin360 showed BTC/USD reaching four-day highs of $11,650 at press time on Wednesday, having gained over 4% in…

OKEx has launched a peer-to-peer trading platform and fiat onramp in India.Cryptocurrency exchange OKEx has announced a new peer-to-peer trading platform launching Aug.5, which allows users to buy digital currencies with zero transaction fees using Indian rupees (INR).The announcement comes hot on the heels of reports that the Indian government is planning to pass a…

Cardano vs Ethereum: which coin should you invest in right now? Share Article As both Ethereum and Cardano are preparing to launch major updates, the question on most crypto investors’ minds is, “Which of the two will yield a higher gain?” Should you bet on the world’s second-largest crypto – or on the relative underdog…

Volatility metrics suggest Bitcoin price may revisit $10,000 before restarting the rally to a new 2020 high. 461 Total views 10 Total shares A recent report by cryptocurrency research firm, Zubr, found that despite being extremely volatile when compared to traditional asset classes, Bitcoin (BTC) maintains a “market equilibrium” nature for the majority of the…

DeFi is the talk of the town in the crypto landscape these days, and DeFi exit scams aren’t too far behind.Only a Matter of Time? DeFi , the new “in” thing within the cryptocurrency industry has witnessed unprecedented growth since its baby steps earlier this year. Standing at a little over $2 billion in market…

577 VIEWS Nicholas Merten, Crypto Trader, Analyst and founder of DataDash, the largest cryptocurrency YouTube channel, makes his remark on the ongoing improvements in the crypto space. In his discussion, he opined that investors should be keen on Cardano and Tezos, which happen to be the new crypto coins in the crypto market.Meanwhile, Ethereum, XRP,…