Voyager Token (VGX) gains 926% as mergers and acquisitions bring new users

Voyager Token (VGX), also known as BQX at some exchanges, is the native token of Voyager cryptocurrency exchange.  The exchange separates itself from its competitors by claiming to be a commission-free crypto broker platform and its smart order router also allows clients to trade at multiple exchanges. Since the turn of the year, VGX has gained 620% and on Jan. 15 the token reached a new all-time high at $1.48. Voyager (BQX) token price at Binance. Source: TradingView In addition to having a fiat gateway, the platform also offers market…

CoinDesk Daily News: Bitcoin breaks $17,000, Origin DeFi Attack and More…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin surges past $17,000 amid global equities retreat, hackers steal $7 million from Origin Protocol adding to a growing list of hacked DeFi projects, Airbnb’s IPO prospectus considers entering crypto and blockchain, and Galaxy Digital’s new bitcoin fund wins initial approval in Canada… #cryptocurrency #digitalfinance #finance Subscribe to CoinDesk on YouTube: Site: Twitter: LinkedIn: Instagram: Facebook: Newsletters: CoinDesk Podcast Network: spotify:show:2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: spotify:show:7sDXM8BlxsUqzL2IqmLqwE CoinDesk is the leading digital media, events and information services company for the crypto asset and…

Polkadot (DOT) Holding Gains Despite Sharp Drop in BTC and ETH

Polkadot’s DOT surged towards $18.50 before correcting lower against the US Dollar. It is holding gains above $15.00 despite a crash in bitcoin and Ethereum. DOT rallied above $12.00 and $15.00 before it faced sellers near $18.50 against the US dollar. The price is trading nicely above the $15.00 support and he 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $15.50 on the 4-hours chart of the DOT/USD pair (data source from Kraken). The pair remains in a positive zone and it…

ETH price sets new all-time high, gains financial momentum to go further

While Bitcoin has exhibited a stagnating monetary trend over the course of the last week or so, showcasing minor gains of just 3%, its crypto cousin Ether (ETH) seems to be on a roll by not only holding its own against the U.S. dollar but also consistently floating around the $1,300 threshold, and now ultimately, briefly surpassing the all-time high value of $1,428. It’s interesting to note that unlike Bitcoin (BTC), Polkadot’s DOT and Chainlink’s LINK, as well as a host of other decently sized altcoins, ETH is one of…

Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up

Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is aiming to achieve and Near’s proof-of-stake consensus mechanism also allows token holders to stake their coins.  In the past month, NEAR has rallied by 107% and this raises questions on whether the project is making significant strides in what has become an ultra-competitive smart contract industry. NEAR/USDT (Binance). Source: TradingView Compared to its competitors, NEAR is a relatively new project as the mainnet only launched…

Polkadot gains 75% in one week — But can DOT price reach $20 next?

Bitcoin (BTC) has made significant moves already this year but altcoins are catching up. Once Bitcoin’s price starts to stabilize, the market environment becomes better for altcoins to begin their run.  One of the strongest performers in 2021 is Polkadot, as this cryptocurrency has been making new all-time highs day in, day out. Polkadot’s price rallied by 85% in 2021 and 75% in the past seven days, surpassing XRP in market capitalization. DOT price eyes $20 or higher after this rally DOT/USDT 1-day chart. Source: TradingView The daily chart of Polkadot shows…

DJIA and Other Wall Street Indices Remain Calm as Intel Leads Gains

Investors have been waiting on the sidelines with the impeachment developments of President Donald Trump as well as on the hope of the next stimulus package announcement by upcoming President Joe Biden. On Wednesday, January 13, the S&P 500 – the benchmark index of Wall Street – closed slightly higher as tech giant Intel Corporation (NASDAQ: INTC) provided a major boost. The defensive sectors like utilities and real estate were leading gains as investors waited on the sidelines for another round of fiscal stimulus. The Wall Street indices, including DJIA,…

These DeFi Tokens Have Double-Digit Gains as Bitcoin’s Growth Tapers

As the recent price rally in bitcoin and ether cools down, investors and traders are taking a closer look at alternative tokens (“altcoins”), particularly those from the decentralized finance (DeFi) subsector. Multiple DeFi tokens this week saw double-digit gains, including 0x (ZRX), aave (AAVE), and maker (MKR). Prices for 0x were at $0.52 at the time of writing, up 20.42% in the past 24 hours, according to CoinDesk 20. Maker’s price, at the same time, saw near-160% growth year to date. “I think the biggest thing is bitcoin’s momentum finally…

Stellar Leads Crypto Gains as XLM Rallies by 49%; Pullback Ahead?

Stellar Lumens’ native token XLM was among the biggest gainers in the cryptocurrency market in the previous 24 hours, rising by roughly 49 percent in the US dollar-pegged markets. The XLM/USD exchange rate reached an intraday high of $0.313 after dropping to as low as $0.20 in the previous session. Traders flocked into the Stellar token owing to a general recovery across the crypto assets that saw top coins, including Bitcoin, Ethereum, and XRP, emerging from their respective session lows. Fundamentals Stellar primarily benefited from its accessible upside fundamentals. The…