Aave spikes to 5-month high as Bitcoin tests area near $62k

Aave reached a five month high above $143 with a 14% spike. Bitcoin broke to above $61,800, with price gaining 4% amid fresh crypto resilience. Aave continued to outperform peers on August 21 with a sharp ascend to its highest level in five months. Meanwhile, Bitcoin price broke above $61,800 with a 4% surge in […]

Bitcoin tumbles, tests $49,000, amid major crypto selloff

Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession and Japan’s rate hike trigger market turmoil. FBI warns of rising crypto scams during increased market volatility. The cryptocurrency market has experienced a significant downturn today, shedding approximately $270 billion in value over 24 hours […]

Bitcoin price tests key resistance amid Hong Kong news

Bitcoin price rose to $27,500 on Coinbase early Tuesday, with the upside coinciding with positive crypto news from Hong Kong. This is after the Securities and Futures Commission (SFC) announced that registered exchanges will begin allowing retail investors to trade BTC and ETH from 1 June. Analysts say Bitcoin’s immediate price outlook needs a break […]

Should you buy Optimism (OP) as token tests support

Optimism (OP) remains in a bullish market. The token tested a monthly-high resistance of $1.37, although it is not cooling down. Its trading volumes are, however, up 54% at $355 million in the past day. The blockchain has been recording significant trading activities.  Data from DefiLlama shows a significant gain in Optimism’s TVL over the […]