Bitcoin price is at a pivotal moment, about to potentially confirm a break out into a new bull market. Yet for some reason, coin dormancy, what one analyst calls a measure of “old hands” selling, is reaching a high level currently. These holders sold the Bitcoin bottom fearing lower prices, but why then are these…
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Bitcoin has been seeing massive inflows of capital from large investors and corporations throughout 2020, which may be what has allowed its price to trade well above where it started the year – despite the turbulence seen in the early months. There’s a strong possibility that BTC will continue gaining adoption amongst non-retail investors in…
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Ethereum’s 2.0 (ETH2) upgrade is expected to begin to roll out in the near future. The upgrade has long been awaited by crypto investors across the industry, with it facing a number of delays. There was a scare a number of weeks ago after a testnet for Ethereum 2.0 failed to launch properly due to…
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Bitcoin has soared higher over the past few days. After bottoming at $11,200 late last week after the OKEx news, the cryptocurrency has mounted a comeback. As of this article’s writing, the coin trades for $11,750, around $400 higher than it was trading just 36 hours ago. The coin briefly surpassed $11,800 earlier today but…
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After an extended period of consolidation that provided little insight into Bitcoin’s near-term outlook, the cryptocurrency was able to post a breakout rally that has since sent its price surge towards $11,700. This move carried significant weight, as it took place in the absence of an uptrend seen by the traditional market. Analysts are now…
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Bitcoin price has rallied more than $300 intraday, meanwhile, the S&P 500 has fallen almost ten basis points in the same time period. Is this the fabled stock market crypto “decoupling” that analysts claimed was coming, or is this just an anomaly before a return to the ongoing correlation between the vastly two different markets…
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Yearn.finance’s governance token – YFI – has erased a significant portion of its recent gains throughout the past few weeks, with relentless selling pressure coming about due to various factors. Heightened “founder’s risk,” a fragmented community, and low yields for the ecosystem’s yVaults have been degrading the value of the YFI token. News of a…
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The S&P 500 rose at the start of last week, shrugging off the tail end of the previous week, and remained at a solid level until Friday to finish the week on 3.482. Contrastingly, the European and UK equity markets struggled, seeing a dip on Thursday as markets digested the impending and increasing coronavirus lockdown…
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Bitcoin has shown resilience over the past week, holding firm above the newly conquered $11k level as cryptocurrency exchange OKEx suspends withdrawals, sending a tremor through the market. Despite falling three percent as the news hit, Bitcoin soon bounced on boosted fundamentals: The soaring hashrate has once again hit all-time highs, and representatives from U.S.…
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Ethereum’s price is moving higher today alongside that of Bitcoin and the rest of the crypto market. This latest push higher has allowed ETH to re-surmount its crucial $380 level – which is the price that has determined several trends throughout the past few months. Bulls must now move to build support at this level,…
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