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Bitcoin's Active Supply Reaches 19-Month Low

Bitcoin’s active supply has hit a 19-month low of just over one million, signaling a potential strong price increase if a recent report from asset manager Stack Funds is to be believed.Earlier this year, the active supply increased by 16% in less than three weeks to over 1.3 million Bitcoin.The 90-day moving average over the last three years indicates this …
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Can The DeFi Tokens Rally Continue After Outperforming Bitcoin In Q2

DeFi protocol Compound reached the $1 billion mark in funds borrowed from its protocol with its top three markets being DAI and USDC stablecoins, and then Ether.Stablecoins are popular in Compound due to its reward mechanism which gives users COMP tokens according to the dollar value borrowed. Compound also allows users to deposit certain cryptocurrency to earn interest and borrow …
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No time to read? Crypto articles too technical? Only want the facts?

Welcome to Crypto News Blocks. We take full-length news articles and summarize them into a handful of easy to read bullet points. Make the most of your downtime and catch up on all the latest news.

Big news. Small Blocks.
MarketCap24hr March1st

Prominent Investment Strategist Gives 3 Reasons to Buy Bitcoin

Despite Bitcoin’s strong bounce from the March lows of $3,700, some remain decisively bearish on the leading cryptocurrency. Take Peter Schiff, for instance. The prominent gold bull and cryptocurrency skeptic recently wrote that he thinks the asset will soon break below $9,000, arguing that Bitcoin remains in the midst of a brutal bear market. “Gold seems to be chipping away …
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Prominent Investment Strategist Gives 3 Reasons to Buy Bitcoin

2 Major Reasons Why Bitcoin Risks Falling Towards $8,500

2 Major Reasons Why Bitcoin Risks Falling Towards $8,500
A prolonged period of low volatility is setting Bitcoin towards a big price move. The short-term bias for the cryptocurrency remains neutral as it trades inside a $300 trading range. Nevertheless, three separate technical indicators put Bitcoin at the risk of breaking lower towards $8,500. Buckle up, Bitcoin traders! The sailing from here could get bumpier as the cryptocurrency continues …
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4 Signs Show Chainlink (LINK) May See Strong Reversal After 1,700% Rally

One of the best-performing cryptocurrencies over the past two years is LINK. The native token of the Chainlink project, the altcoin has rallied by approximately 1,700% against BTC from its 2018 lows. Chainlink is benefiting from a surge in adoption of its core technology, decentralized oracles, from many established entities. In the past month alone, the Chinese state-sponsored Blockchain Service …
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4 Signs Show Chainlink (LINK) May See Strong Reversal After 1,700% Rally

Why Is Ethereum Down 80% From $1,400 All-Time High? Analyst Explains

Why Is Ethereum Down 80% From $1,400 All-Time High? Analyst Explains
From a medium-term perspective, it’s been an extremely strong year for Ethereum. From the capitulation lows of approximately $85 seen in March of this year, the largest altcoin has gained around 200%. And since the start of the year, ETH’s gains are approaching 100%. But stepping back, Ethereum is actually a poor performer on a macro scale. After peaking at …
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Stellar Leaps 12% Following Samsung Collaboration; Why a Bigger Uptrend is a Challenge

Stellar price rose higher late Thursday following its integration into the Samsung Blockchain Keystore. The XLM/USD exchange rate logged a 12 percent increase on a 24-hour adjusted timeframe, a move that took the pair out of a one-year-long consolidation range. The standout performance appeared despite a bearish mood across the top cryptocurrency tokens. Stellar was stellar in the last 24 …
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Stellar Leaps 12% Following Samsung Collaboration; Why a Bigger Uptrend is a Challenge

Featured Exchange - Coinmama.com

Featured Exchange - Coinmama.com
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