Price analysis 9/16: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV
Bitcoin and a few altcoins have broken above key resistance levels, which suggests that the bulls are attempting to take control of the market.
Markets
Bitcoin ‘Young Investment’ Wallets at Highest Level Since February 2018
New investors are entering the bitcoin market at a faster pace and possibly creating upward pressure on prices, on-chain data shows.
Market Wrap: With Fed Rate Policy Unchanged, Bitcoin Passes $11K; Ether Options Bet on Price Below $400
Bitcoin’s price continues to trend upward while the ether options market signals bearish sentiment.
Federal Reserve Now Targets Inflation Above 2%, Bitcoin Breaks $11K
Federal Reserve officials said Wednesday they would hold U.S. interest rates at close to zero and work to push inflation above 2% “for some time.”
Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
The rapidly growing market cap of Binance’s BUSD stablecoin shows the exchange is taking serious steps to become a major DeFi contender.
‘Gold is dangerous’: Why Jim Cramer will invest 1% of net worth in Bitcoin
CNBC Mad Money host Jim Cramer plans to invest 1% of his net worth in Bitcoin because “gold is dangerous.”
Market Wrap: Bitcoin Hits $10.9K; Total BTC Locked in DeFi Passes 100K
Bitcoin’s price is trending upward Tuesday as the amount of BTC in DeFi hits a new high.
Binance, Huobi, OKEx Have FOMO for DeFi
DeFi FOMO is driving centralized exchanges including Binance, Huobi and OKEx to prepare for a potential new crypto trading landscape where decentralized exchanges dominate.
Top crypto traders explain why Yearn.finance (YFI) may top $50K soon
Analysts believe DeFi sector growth could push the price of Yearn.finance (YFI) to $50,000 in the short term.
Paxful, Citing Regulations and Its Own ‘Risk Tolerance,’ Exits Venezuela’s P2P Bitcoin Market
The exit deprives Venezuela’s crypto scene of its second-largest P2P exchange.
