The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC) bulls finally managed to break above the $46,000 level. While most altcoins were slow to warm up on Thursday, several altcoins led the way with gains in excess of 20% due to major protocol upgrades and exchange listings. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Voyager Token (VGX), …

A crypto app has warned that Bitcoin is facing a liquidity crisis — and the lack of supply on the open market could have ramifications for buyers and sellers alike. According to SwissBorg, the amount of Bitcoin held in exchanges’ wallets has decreased markedly in recent months. This has resulted in a number of major trading platforms suffering outages — with some forced to impose temporary limits on buy orders. Whereas many crypto apps rely solely on one exchange, SwissBorg is connected to four leading platforms: Binance, Kraken, HitBTC and LMAX. The company says this means there is a much …

The total market capitalization of cryptocurrencies surged to $1.139 trillion on Feb. 4, just short of silver’s total market cap at $1.5 trillion. While the crypto market cap is still way below that of gold, Bloomberg senior commodity strategist Mike McGlone said in a report that Bitcoin (BTC) has found strong support at $30,000 and it may now rally to $50,000 and higher. However, some institutional investors who had invested at lower levels and are sitting on huge profits are taking some money off the table. United Kingdom-based Ruffer Investment Management said it had initially invested about $600 million in …

Decentralized finance (DeFi) tokens from Balancer, Ben, Aave and Swissborg have all made huge gains, in the wake of excitement generated by the distribution of Compound’s governance token. Less than twelve hours after Balancer announced its protocol governance token BAL was live on the Ethereum mainnet, and the price jumped from $6.65 to $22.28. At the time of writing, the DeFi token was trading at $15.60, with a little over 6 million BAL tokens in the circulating supply. It’s following in the footsteps of COMP which more than tripled in value this week. Even after today’s price crash, it’s still …