Categories
Coin News

Bitcoin Price All-Time High at $22000+, and Ethereum & Ripple Dominating the Altcoins Rally! Daily Crypto Report 17/12/2020

Price Change Today:

BTC is Up 13.83% at $22164,

ETH is Up 10.05% at $646.52,

XRP is Up 24.44% at $0.565.

Top Gainers in 24 hours:

XRP is Up 24.67%

XLM is Up 16.81%

LTC is Up 14.56%

Downalod The APP for Better Experience

  1. Bitcoin Price Blasts Through $22,000 as US Dollar Hits Two-Year Low

Bitcoin price has pierced above the $22,000 level for the first time in history. The flagship cryptocurrency logged a surprising upside rally in the pre-market New York trading session Wednesday, hitting an all-time high of $22,164 before turning lower modestly. 

  1. DeFi’s TVL crosses $15bn

Defi projects added to its TVL at an astonishing rate this year. The TVL stood at $691 Million in January 2020 and nearly a year later, the TVL surpassed $15 Billion on Monday. The YTD growth of Defi is over 2000% with the top 6 Defi projects including Maker, WBTC, Aave, Compound, etc. registering over $1 Billion in value locked.

  1. Ethereum hits 2.5-year high, breaking $600 as CME announces 2021 futures launch

As Bitcoin hits all-time highs and claims $22,000 this week, news of a different kind saw bulls double down on the largest altcoin Ethereum. At $620, ETH/USD was trading at its highest since June 2018, when the pair was still trending down from the height of its last bull market. 

  1. Bitcoin Price Sets New Record High in 2020, as 100% of BTC Wallets are in the State of Profit

Bitcoin has just set a record high today, surging above the $22,000 resistance level and setting a high at above $22,164. The world’s largest cryptocurrency has been able to maintain its price above $22,000 for over an hour.

  1. Ethereum and XRP dominated the altcoin rally in 2020

Bitcoin’s dominance is one of the biggest drivers behind its institutional interest and mainstream adoption. However, in anticipation of an altcoin rally, it was observed that Ethereum and XRP’s dominance rose 1.1% and 2.6% respectively, based on data from CoinGecko’s report.


Check Other Latest Posts:

  • 5 Things to Consider Before Investing in Cryptocurrency
    5 Things to Consider Before Investing in Cryptocurrency There is no question that cryptocurrencies have established a new investing sector. With the value of digital currencies such as Bitcoin over USD 19,000, cryptocurrencies have piqued the interest of mainstream media, buyers, and investors. Those at the vanguard of investing see the benefit of including these […]
  • Tax on Cryptocurrency In India – Complete Guide 2022
    Wondering how taxation on crypto works in India? How much do you have to pay tax on cryptocurrency in India? How 1% TDS is levied on crypto? Don’t worry we have covered all the aspects of taxation on cryptocurrency in India and created a Complete guide for you – As per Union Budget 2022, Cryptocurrencies […]
  • New Cryptocurrency Bill Advances to Senate in Brazil
    A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if approved, would introduce a central body to regulate all cryptocurrency brokerage activity — ostensibly the Central Bank of Brazil — and establish new penalties for […]
  • USDC Sees Native Launch on Avalanche
    USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly on Avalanche’s C-Chain, saving on fees […]
  • Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs
    On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that don’t want to sell their NFTs. Nexo to Offer Loans for Bored […]

5 Things to Consider Before Investing in Cryptocurrency

5 Things to Consider Before Investing in Cryptocurrency There is no question that cryptocurrencies have established a new investing sector. With the value of digital currencies such as Bitcoin over ...
Read More

Tax on Cryptocurrency In India – Complete Guide 2022

Wondering how taxation on crypto works in India? How much do you have to pay tax on cryptocurrency in India? How 1% TDS is levied on crypto? Don’t worry we ...
Read More

New Cryptocurrency Bill Advances to Senate in Brazil

A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if ...
Read More

USDC Sees Native Launch on Avalanche

USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge ...
Read More

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ...
Read More
Share with Others