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An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM

In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional…

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Dogecoin jumps 44% in one day as traders rotate Shiba Inu profits into DOGE

The DOGE price rally appeared after Shiba Inu briefly flipped Dogecoin to become the ninth-largest cryptocurrency by market capitalization.

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5 Dollar-Pegged Tokens Command 94% of the Swelling $135 Billion Stablecoin Market Cap

During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there’s $135.4 billion in…

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All-time highs next? Bitcoin holds $62K as the Dollar index tumbles to 3-week lows

The U.S. dollar index reached its lowest levels in three weeks on Tuesday, triggering the Rising Wedge pattern.

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Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction

While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased percentage-wise as the U.S. dollar and…

Continue ReadingGold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction

Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high

Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.

Continue ReadingBitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high