New Binance-Backed DeFi Site Lets You Earn Yield on Bitcoin, Other Non-Ethereum Assets Sep 18, 2020 at 21:45 UTC Updated Sep 30, 2020 at 00:02 UTC Harvest time (Robert Wiedemann/Unsplash) Bitcoin cash users now have another venue to earn interest on their digital asset holdings. Binance has added support for BCH flexible deposits on its lending platform, alongside ETH and EOS.This ... Following the launch of Revolut’s new crypto exchange in the U.S. the company has added bitcoin cash and litecoin support. Alongside bitcoin and ethereum support, the trading platform’s added ... While the price of Bitcoin remained around USD 1,000-2,000 until early 2017, the second half of 2017 saw Bitcoin reaching new highs with a sharp increase in late 2017 to reach an all-time high slightly below USD 20,000.After that, its price collapsed to USD 3,500 in late 2018.. Since the beginning of 2019, Bitcoin price has rebounded to price levels near USD 10,000. Bitcoin has been on a parabolic run in the last few days as prices crossed above $13,000 for the first time since June 2019. At the time of writing, the bellwether cryptocurrency has just retreated back to $13,200 after marking a new one-year high of $13,850. Bitcoin is the world’s largest cryptocurrency by market capitalization (market cap) and commands a large portion of the trading volume (and the attention) in the cryptocurrency markets. If we look at the summative market capitalizations of all the existing cryptocurrencies, then we can arrive at a total market cap valuation for the entire cryptocurrency space. One analyst points to funding rates on Binance as a reliable sentiment indicator, noting that he is expecting upside. Bitcoin Trades Around $13,000 as Momentum Stalls At the time of writing, Bitcoin is trading down just under 1% at its current price of $13,150. This is around where it has been trading throughout the past 24-hours.
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