Cardano | Crypto Profit Bot

Cardano approaches a new major upgrade as ADA posts an inspired rally

February 14, 2021

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The Cardano Foundation’s coin ADA, hit its all-time high of $0.97 on Feb. 12, having started the year trading at $0.18, thus entailing 438% gains year to date. Apart from the macro trends in the cryptocurrency industry driving up the price of flagship assets, such as Bitcoin (BTC) and Ether (ETH) translating to other altcoins, […]

Cardano is soaring, but can ADA gain another 380% to break its record high vs. Bitcoin?

February 13, 2021

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Bitcoin’s (BTC) price has been consolidating in recent days, which kickstarted the rest of the cryptocurrency market. This frequently happens as Bitcoin starts to consolidate, it gives the chance for the rest of the market to catch up. Cardano (ADA) is one such cryptocurrency, which gained 170% in February alone with its price nearing $1 […]

Litecoin Hits 3-Year High as Prices Surge Across Altcoin Markets

February 10, 2021

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Alternative cryptocurrencies are surging as bitcoin consolidates after its recent record-breaking rally. Litecoin (LTC) prices for the last week.(CoinDesk 20) Feb 10, 2021 at 12:57 p.m. UTC Litecoin Hits 3-Year High as Prices Surge Across Altcoin Markets Alternative cryptocurrencies such as litecoin, Cardano and Chainlink are flying high Wednesday, as bitcoin takes a bull breather. […]

Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come

February 6, 2021

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In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds. Some of the best-known […]

Market Wrap: Bitcoin Rises to $38.3K While Ether’s New High Takes Spotlight

February 5, 2021

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DeFi and the prospect of trading futures have crypto investors scooping up ETH. CoinDesk 20 Bitcoin Price Index Feb 5, 2021 at 9:39 p.m. UTC Market Wrap: Bitcoin Rises to $38.3K While Ether’s New High Takes Spotlight Bitcoin made some gains Friday, but ether hit another brand-new price high ahead of CME’s ether futures launching […]

Grayscale prepares for DeFi future with new cryptocurrency trust filings

January 28, 2021

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The world’s largest cryptocurrency asset management firm could be set to dip its toes into DeFi after filing five new coin trust registrations. 6037 Total views 42 Total shares The largest Bitcoin (BTC) and cryptocurrency asset manager in the world, Grayscale, could be set to move into the decentralized finance space after documents for several […]

Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM

January 22, 2021

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Aggressive profit-booking sent Bitcoin (BTC) spiraling below $29,000 on Jan. 21 but was this a sign that institutional investors dumped their positions? This is one of the main questions bothering traders because large institutional inflows primarily led the run-up to $42,000. Cointelegraph contributor Marcel Pechman analyzed derivatives data from various exchanges, which showed professional traders […]

Price analysis 1/15: BTC, ETH, XRP, DOT, ADA, LTC, BCH, LINK, XLM, BNB

January 15, 2021

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Grayscale products witnessed $3.3 billion in inflows in the fourth quarter of 2020, a large jump over the $1.05 billion seen in the preceding quarter. According to Grayscale, institutional investors accounted for 93% of the new investments. The significance and magnitude of the investments can be gauged from the fact that in 20, Grayscale received […]

Price analysis 1/1: BTC, ETH, XRP, LTC, DOT, BCH, ADA, BNB, LINK, BSV

January 1, 2021

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Bitcoin (BTC) rallied from an intraday low at $17,573.29 on Dec. 11 to an intraday high at $29,310.19 on Dec. 31, a 66.78% rally in a short span. This shows strong demand from traders at every higher level. Institutional crypto investment giant Grayscale bought 72,950 Bitcoin in December, which was 159.49% more than the 28,112 […]

2021 price outlook: BTC, ETH, XRP, LTC, BCH, LINK, ADA, BNB, DOT, XLM

December 26, 2020

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The year 2020 was a forgettable one for many reasons including lockdowns and economic restrictions. The shutdowns resulted in the worst economic crisis seen in decades. At the same time, most governments and central banks have responded with unprecedented fiscal stimulus and monetary expansion measures to revive their economies. Therefore, institutional investors who are wary […]

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Category: Cardano