Gold and Silver Prices Slide Lower Following US Jobs Report — Analyst Says Data Suggests ‘Market Bottom Is in Place’

Gold and Silver Prices Slide Lower Following US Jobs Report — Analyst Says Data Suggests 'Market Bottom Is in Place'On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The USD value of gold per troy ounce is awfully close to slipping below the $1,700 range, while the price of silver is teetering near the $20 threshold. Precious Metals Price […]

Go to Source

Powered by WPeMatico

Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M

Value Locked in Defi Jumped 7% Higher in 5 Days — Harmony's Horizon Bridge Siphoned for $100MWhile crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37% this weekend. Defi TVL Improves, Cross-Chain […]

Go to Source

Powered by WPeMatico

Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year

Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion. […]

Go to Source

Powered by WPeMatico

Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout

Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market RoutWhile the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since May 18, to roughly $104 billion, and […]

Go to Source

Powered by WPeMatico

Bitcoin Quickly Jumps Above the $52K Zone Only to Get Pushed Back, Crypto Economy Climbs 3.5%

Bitcoin Quickly Jumps Above the $52K Zone Only to Get Pushed Back, Crypto Economy Climbs 3.5%Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it has gained 3.5% during the last 24 hours. Meanwhile, bitcoin charts show a pending golden crossover which to many means the overall market outlook looks […]

Go to Source

Powered by WPeMatico

Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps Swell

Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps SwellWhile bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the dip to 39.97% on May 16, 2021. Depending on the crypto market price aggregator leveraged, bitcoin’s dominance has been between 39.99% to 41.52%. Meanwhile, as […]

Go to Source

Powered by WPeMatico

If Bitcoin Passes $14K, Analysts Say Traders ‘Should Look to $20,000’ Instead of Looking Back

If Bitcoin Passes $14K, Analysts Say Bitcoin Traders 'Should Look to $20,000' Instead of Looking BackWhile bitcoin prices touched all-time 2020 highs on Tuesday, a few analysts say they are expecting only a few more hurdles to surpass the 2017 all-time high (ATH). For instance, the market analyst from Etoro, David Derhy, says to look to $20,000 instead of back at $12,000. A few traders and popular cryptocurrency analysts think […]

The post If Bitcoin Passes $14K, Analysts Say Traders ‘Should Look to $20,000’ Instead of Looking Back appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Free from Tron: Steemit’s Blockchain Fork Hive Outperforms Steem Token Value

Free from Tron: Steemit’s Blockchain Fork Hive Outperforms Steem Token ValueFor weeks now, the cryptocurrency community has been fervently discussing the recent acquisition of the Steemit blockchain. Skeptics believe that the Tron takeover has shown significant vulnerabilities with delegated-proof-of-stake (DPoS) projects. Following the takeover, the community still managed to fork the protocol and the new hard-forked blockchain dubbed ‘Hive’ has seen its token price outperform […]

The post Free from Tron: Steemit’s Blockchain Fork Hive Outperforms Steem Token Value appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’

Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since 'Black Thursday'The top ten coins have done well but there’s a ton of unknown digital currencies moving up the ladder with great speed. In fact, a considerable number of cryptos have gained 50-1,520% in the last 30 days, since Black ‘Thursday’

The post Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico