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The Bulls Are Back in the Digital Asset Market

Source Node: https://www.bitcoinmarketjournal.com/the-bulls-are-back-in-the-digital-asset-market/
Time Stamp: August 3, 2020 3:03 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Hope you had an excellent weekend. It’s become a bit of a rarity lately while bitcoin was sitting flat, but now that crypto is in a bull market again, I suppose it makes sense to see some volatility over the weekend. Hope it’s not surprising to anyone. Stocks are moving up, precious metals are marching higher, and capital is flowing toward new age financial technology in a way that we’ve never really seen before. There’s a lot more liquidity these days, and it has been floating into all sorts of

Ethereum DeFi’s Ampleforth (AMPL) Drops 20% Despite “Whale” Accumulation

Source Node: https://bitcoinist.com/ethereum-defis-ampleforth-ampl-drops-20/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-defis-ampleforth-ampl-drops-20
Time Stamp: August 2, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Ampleforth (AMPL) has been one of the top-performing cryptocurrencies over the past month. The asset, whose long-term price performance is measured by its market capitalization rather than its nominal price, gained ~5,000% in July. The asset has seen a steep correction over the past week as the focus of crypto investors has been on Bitcoin and Ethereum. After a recovery, AMPL is dropping once again. This drop comes in spite of positive on-chain and social media signs, according to blockchain analytics firm Santiment. Ampleforth Drops 20% Despite On-Chain Data Indicating

Ethereum’s Compound (COMP) Slides to Multi-Month Low Despite DeFi Explosion

Source Node: https://bitcoinist.com/ethereums-compound-comp-slides-multi-month-low/?utm_source=rss&utm_medium=rss&utm_campaign=ethereums-compound-comp-slides-multi-month-low
Time Stamp: August 2, 2020 4:30 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

While Bitcoin and Ethereum have seen notable bounces since imploding on Saturday evening, Compound and other altcoins are underperforming. The Ethereum-based coin is down 7.5% in the past 24 hours as per data from Coin Market Cap. This comes in spite of the fact that decentralized finance (DeFi), which Compound is a market leader in, has seen strong adoption. Altcoins could see further losses against Bitcoin and the dollar if the market leaders continue to undergo bouts of volatility. Compound Slides Lower In Spite of DeFi Strength The Ethereum-based Compound

Ampleforth: A Guide to the AMPL DeFi Protocol

Source Node: https://www.asiacryptotoday.com/ampleforth-a-guide-to-the-ampl-defi-protocol/
Time Stamp: August 2, 2020 9:53 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Imagine the possibilities of reinventing money. One that is powered by blockchain and crypto-based solutions. That is what Ampleforth hopes to achieve within and beyond the crypto community. Since the inception of decentralized finance (DeFi), various notable projects have spawned, giving life to a new sector in the cryptosphere. At the moment, investors and crypto traders alike are quite stoked with DeFi and liquidity mining. We have witnessed several protocols like Maker, Aave, and Compound attracting hundreds of thousands of users, enabling the DeFi ecosystem to proliferate far and wide.

Ethereum Rockets to $380 to Post 10% One-Day Surge: What’s Next For ETH?

Source Node: https://www.newsbtc.com/2020/08/01/ethereum-rockets-380-whats-next/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-rockets-380-whats-next
Time Stamp: August 1, 2020 3:39 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

What a past few weeks it’s been for Ethereum. The second-largest cryptocurrency is up approximately 50% in the past 10 days alone, with bulls finally flooding to purchase ETH after a strong macro bear market. The asset trades at $382 as of this article’s writing, going effectively parabolic on a macro scale. In the past 24 hours alone, Ethereum has gained 10% against the U.S. dollar, outperforming Bitcoin, which is up by only 4%. Chart of ETH's price action over the past two weeks from TradingView.com A $2.5 Million Liquidation

Bitcoin Reddit Roundup – July 2020

Source Node: https://bitcoinmagazine.com/articles/bitcoin-reddit-roundup?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-reddit-roundup
Time Stamp: August 1, 2020 12:07 PM - Modified On: May 21, 2021 - Published By:
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Welcome to the second edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This roundup contains 45 links to the best quality content that was uploaded to Bitcoin Reddit this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other forums as well, such as r/BitcoinMining. In this roundup there are 10 different categories of links: Privacy, Adoption, Development, Security, Mining, Business, Education, Regulation & Politics, Archaeology (Financial Incumbents) and, last but not least, Memes, Fun, And Other. Big shoutout to Sam Wouter,

Bitcoin breaks $11,500 as sentiment metrics show it’s still undervalued

Source Node: https://cryptoslate.com/bitcoin-breaks-11500-as-sentiment-metrics-show-its-still-undervalued/
Time Stamp: August 1, 2020 2:44 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The DeFi-induced bullrun has arguably pushed the crypto market upwards the past week, with Bitcoin, Ethereum, and other major cryptocurrencies giving gains of over 10-15 percent to investors.Data feeds from one quantitative on-chain data provider prove the above, with sentiment metrics, in particular, paving the path for even higher prices.Bitcoin public sentiment increasesData on The TIE — a provider of alternative data for digital assets that quantifies investor perceptions on hundreds of digital assets — shows Bitcoin is showing bullish action in both short- and mid-term trades.The chart below maps

There’s More To Bitcoin’s Rally Than Just Inflation Fears

Source Node: https://medium.com/the-capital/theres-more-to-bitcoin-s-rally-than-just-inflation-fears-418c7b168753?source=rss-------8-----------------cryptocurrency
Time Stamp: August 1, 2020 12:15 AM - Modified On: May 21, 2021 - Published By:
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While some analysts are pointing to inflation fears to explain bitcoin’s recent rally, there are so many other factors at play that affect the cryptocurrency’s rise.Neil Johnston was a creature of habit, and it was one of the things which his wife of twenty-four years Dorothy, both loved and loathed about him. While Dorothy appreciated Neil’s dependability, she was wondering if things were getting a little stale.So naturally Dorothy grew a little worried when Neil, who would walk through the door almost like clockwork at 7 pm every evening for