Jordan Finneseth

Bitcoin chases new high as analyst says ‘smart money never stopped’ buying

Increasing trading volume and demand from institutional investors have analysts expecting a new all-time high from Bitcoin price. The total cryptocurrency market capitalization is back above the $1 trillion level as Bitcoin (BTC) bulls pushed the price back to $40,000 on Jan. 14.Daily cryptocurrency market performance. Source: Coin360Bitcoin price rallied to $40,099 in the early trading hours on Jan. 14 according to data from Cointelegraph Markets and TradingView before pulli

Bitcoin price rally to $37,850, signals that bulls intend to reclaim $40K

Bitcoin’s break above the $35,000 resistance shows bulls are serious about retaking $40,000 in the short-term. Bitcoin (BTC) price broke through the $35,000 resistance and appears to be stepping into a new range that would see the price trade between $38,000 to $40,000. Today’s recovery from the $34,000 level also appers to have invalidated what looked to be a bearish head and shoulders pattern forming on the 4-hour timeframe. BTC/USDT 4-hour chart. Source: TradingViewReclai

DEX and interoperability upgrades show TomoChain (TOMO) wants DeFi dominance

TomoChain’s new interoperability upgrades and DEX show the team is serious about breaking Ethereum’s DeFi dominance. The cryptocurrency market started the year in full force and with all the bullish breakouts happening it can be difficult to discern which projects are simply being driven by the macro trend and which are making gains based on solid tech developments and improving fundamentals. As the price of Bitcoin dropped more than $11,000 between Jan. 10 and Jan. 11, a num

3 key reasons why the DeFi sector is booming again

Mergers between sector leaders, rising TVL, and traders looking for fast returns are the primary factors behind the current DeFi boom. Data from Messari shows that over the past 30 days, the majority of tokens listed on the site’s DeFi Assets index have rallied by more than 20%. A few standouts such as Maker's MKR, Synthetic Network Token (SNX) and SushiSwap's SUSHI gained more than 100% during the same time frame. DeFi assets index. Source: Messari.ioFrom Jan. 1 to Jan. 9, t

Altcoins move higher while Bitcoin price finds resistance near $35,000

DeFi tokens and altcoins move high as Bitcoin price finds resistance near $35,000. On Jan. 12 Bitcoin (BTC) price rebounded slightly as the price attempted to re-enter the $37,000 range but at the time of writing increased selling is pushing the price back toward the $32,000 mark.While the bearish price action may have shaken out newer investors who are unfamiliar with Bitcoin’s whipsaw volatility, the recent 28% drop doesnt even maike it on the list of the top-5 worst BTC pu

Analysts say Bitcoin price drop to $30K was ‘healthy and necessary’

The total cryptocurrency market cap fell by more than $200 billion as Bitcoin price dropped to $30,229 and altcoins correctly sharply. The euphoria in the cryptocurrency market was quelled on Jan.11 as the majority of altcoins saw their prices decline by more than 20% as Bitcoin price sold off sharply. After falling below the $40,000 support level on Jan. 10, selling pressure for Bitcoin (BTC) increased overnight and pushed the price of the top cryptocurrency as low as $30,22

Solana (SOL) trading volume soars as DeFi investors seek ETH alternatives

The DeFi sector is booming again and the need for fast, scalable, Ethereum alternatives has sent Solana (SOL) trading volume to record-highs. 2021 got off to a quick start and the current crypto bull market has seen assets like Bitcoin (BTC) and Ether (ETH) shoot to new all-time highs on an almost daily basis. While new price highs are positive for investors, they do present a range of challenges relating to fees, transaction speeds and the centralization of what is meant to

Solana (SOL) trading volume soars as DeFi seeks Ethereum alternatives

The DeFi sector is booming again and the need for fast, scalable, Ethereum alternatives has sent Solana (SOL) trading volume to record-highs. 2021 got off to a quick start and the current crypto bull market has seen assets like Bitcoin (BTC) and Ether (ETH) shoot to new all-time highs on an almost daily basis. While new price highs are positive for investors, they do present a range of challenges relating to fees, transaction speeds and the centralization of what is meant to

Solana trading volume soars as DeFi seeks Ethereum alternatives

The DeFi sector is booming again and the need for fast, scalable, Ethereum alternatives has sent Solana (SOL) trading volume to record-highs. 2021 got off to a quick start and the current crypto bull market has seen assets like Bitcoin (BTC) and Ether (ETH) shoot to new all-time highs on an almost daily basis. While new price highs are positive for investors, they do present a range of challenges relating to fees, transaction speeds and the centralization of what is meant to

Traders flock into altcoins as Bitcoin price trades sideways

Altcoins are surging higher as Bitcoin price consolidates and the prospect of a $3 trillion economic stimulus package sparks confidence in crypto investors. The bullish momentum seen throughout the week has spilled over into the weekend as the majority of the top-100 tokens listed on CoinMarketCap are posting double-digit gains. Bitcoin (BTC) entering a brief consolidation period and the possibility of a third round of stimulus checks for American citizens are two possible re

Altcoins sell-off as traders jostle to hold Bitcoin price above $40K

Bitcoin bulls fight to hold the $40,000 level as support while many altcoins sell-off due to profit taking. Altcoin’s recent gains have come under pressure as Bitcoin (BTC) price dropped to retest lower support levels after reaching a new all-time high at $41,940. Following Bitcoin’s Jan. 7 push above $40,000, the top cryptocurrency faced selling pressure that saw the price dip as low as $36,600. As has been the case throughout the current rally, investors quickly purchased t

Altcoins and stocks move higher after Bitcoin price rally to $40,000

Bitcoin’s move above $40,000 and the strong double-digit rallies of multiple altcoins prove bulls are running the show. The price of Bitcoin (BTC) hit a new all-time high above $40,000 on Jan. 7 after the price increased by more than $5,000 in less than 24-hours.BTC/USDT 4-hour chart. Source: TradingView.comThe $40,000 barrier marks a significant milestone for the top-ranked cryptocurrency. According to Matt Blom, the head of global sales trading at EQUOS: “Bitcoin's march to

AAVE price soars to $123 all-time high as TVL rises and fundamentals improve

Aave’s rising total value locked, improving fundamentals and renewed interest in DeFi tokens triggered a double-digit rally in AAVE price. As the crypto bull market continues to gain traction, the price of Aave’s native token, (AAVE), is pushing toward new all-time highs.The growth of the decentralized lending platform appears to be bolstered by improving fundamentals, steady growth in the total value locked on the platform, and the creation of a DeFi based crypto-collectible

2020’s DeFi craze: The best, worst and fishiest projects in crypto

DeFi, like crypto as a whole, features brilliant and questionable projects in equal measure. As 2020 comes to a close, it’s a good time to reflect on the biggest crypto developments and the wild ride the sector took investors on.At the beginning of the year, Bitcoin (BTC) was hovering just above $7,000, and the top-ranked digital asset had started to gather steam as the block reward halving approached. Then came the coronavirus pandemic and a sharp correction in the global st

DeFi boom and Bitcoin rally position NEXO to close 2020 with a 480% gain

Bitcoin is currently the center of attention but savvy investors have also noticed that Nexo token has rallied 480% in the last 3 months. Over the past three months NEXO token, the native asset of Nexo’s blockchain-based lending platform, has increased by more than 480%. Since Bitcoin (BTC) traded for $10,000, NEXO price has closely tracked BTC but the performance is somewhat lackluster when compared to the 1000% rallies seen from a handful of DeFi tokens. NEXO/USDT daily cha

Bitcoin’s expensive but this technique proves it’s never too late to buy BTC

Retail investors may think Bitcoin is now too expensive to buy, but dollar-cost averaging has proven to be one of the most effective methods available. Seasoned Bitcoin (BTC) investors know that the crypto market trades in cycles, and now that BTC price has surpassed its previous all-time high, a full-on bull cycle is underway. Crypto market data daily view. Source: Coin360As this new cycle gathers steam, the mainstream media are all abuzz with articles about Bitcoin and ever