Markets
First Mover: Chainlink's Soaring Token Shows Lucrative 'Oracle' Role in Fast-Growing DeFi
Chainlink's LINK token soared almost 60% in July as cryptocurrency traders fawned over DeFi projects and their rapid growth.
Bitcoin on Track for Highest July Price Gain in 8 Years
Bitcoin appears on track to register its best July price performance for eight years and confirm a major bullish breakout in the process.
Aave’s LEND Token Jumps 23% on Plan for Liquidity Mining
Aave’s LEND token is the day's top performer among cryptocurrencies with at least $100 million market capitalization.
Ether Addresses in Profit Have Soared 132% in a Year
Even with ether close to yearly highs, profitable addresses have more than doubled since last July.
First Mover: Sleepy Fed Meeting Belies Tense Economic Reality (Brrr) That May Buoy Bitcoin
It didn't really matter to bitcoin traders that the Federal Reserve's meeting this week was so anticlimactic. The real action is ongoing – in the form of more money injections.
Federal Reserve Keeps Rates Close to Zero, Continues Buying Treasurys
The Federal Reserve said Wednesday it would hold benchmark U.S. interest rates close to zero and continue buying Treasury bonds to support the coronavirus-devastated economy.
Bitcoin Looks Overbought but Analysts Play Down Drop Fears
Bitcoin's rally looks overstretched, according to a technical indicator, but short-term price consolidation looks more likely than a drop, say analysts.
Bitcoin’s Latest Rally May Have Staying Power, Exchange Flows Suggest
The flow of bitcoin and stablecoins in and out of cryptocurrency exchanges observed on Monday suggests the latest price breakout may persist.
Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests
The likelihood of bitcoin challenging 2017's record high by the end of this year may have just nudged up – but don't raise your hopes too high just yet.
First Mover: Bitcoin at Last Passes $10K, but Why Has It Struggled While Gold Shone?
It's a tricky thing to explain why bitcoin has been underperforming as central bank money printing helps drive gold to a new record.
