Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Bitcoin Cash’s price faced a prolonged period of sideways movement over the past two months. However, when the cryptocurrency’s price action over a longer timeframe is looked at, one can observe that BCH has...Read More
Bitcoin’s market has been performing exceptionally lately, with the cryptocurrency recording YTD returns of 160%, at press time. It should be noted, however, that even though the gains in the present market are more “real,” compared to 2017, the inclination from institutions in the market has mainly been driven by the high volatility in the...Read More
Yearn Finance’s governance token YFI took a massive fall on the charts as the DeFi hype died down in early September, falling from close to $40K to below $8K. However, things were quick to turn around for YFI in November, with the token able to register massive gains since, enabling it to rise by over...Read More
Bitcoin’s Dominance had fallen to 66.36% at press time, having reached a high of 67.6% a few days ago. Thanks to BTC’s recent performances, it could be a Bitcoin-dictated show for many more days, before attention and capital can be diverted to the altcoin market. Further down the crypto-ladder, Tezos registered a bearish divergence and...Read More
Ethereum’s Vitalik Buterin recently commented on the maximum supply of ETH, stating that the current issuance schedule is approximately 4.7 million per year for the next 1-2 years, or however long it takes until the merge. After the same, it would be 0-2 million per year minus the burned fees which could be greater than...Read More
After weeks of uncertainty, OKEx exchange seems to be back and up and running as usual. According to a recent development, OKExChain, an open-source, decentralized blockchain developed by OKEx, has announced a partnership with the Waves ecosystem for the creation of a cross-chain DeFi ecosystem and developer-friendly tools. Waves protocol has been working on providing...Read More
2020 was a much-anticipated year for most of the crypto-community, with many expecting Bitcoin, and by extension, the larger crypto-market, to move significantly on the back of BTC’s halving in May 2020. However, while the world’s largest cryptocurrency has since rallied, the immediate impact of the halving wasn’t exactly felt. In fact, many argue that...Read More
The Crypto Fear and Greed Index noted a value of 91, at press time, having climbed to a value of 94 just two days ago. Buy the fear, sell the greed is a trader’s mantra, but FOMO can be overwhelming if BTC does climb over $20k. Further down the crypto-ladder, Polkadot and EOS approached a...Read More
It has been a good few days for crypto-proponents. Not only Bitcoin, the world’s largest cryptocurrency, surged to height unseen since the heydey of the bull run, but the market’s altcoins have rallied too. Ethereum, the world’s largest altcoin, was among the cryptocurrencies to surge on the charts, with ETH climbing over $500 yesterday. However,...Read More
It’s safe to say that 2020 has been like no other. Not just in the real world, but in the Bitcoin market as well. The king coin began at $7,200, halved its price by March, halved its supply in May, and doubled its price by October. That’s one hell of a rollercoaster. Source: Coinstats Despite...Read More
If the crypto-market was a team, DeFi would be the tough guy. DeFi has recovered well from not just the bloodbath of September 2020, but also the hack of over $100M back in November 2020. Actually, recovered would be an understatement as DeFi’s TVL has noted an exponential rise since. In fact, the same has...Read More
Disclaimer: The findings of the following article are the observations of the writer alone and should not be taken as investment advice As is more or less a tradition in the crypto-market, Bitcoin’s positive price action on the charts ended up benefitting many of the market’s altcoins. The previous week wasn’t any different as altcoins like...Read More
Many of the market’s large-cap altcoins followed Ethereum’s lead as they posted gains on their own price charts. In fact, ETH’s breach of $500 could catalyze a quick surge for the alts strongly correlated with the world’s largest altcoin. Augur, on the contrary, was trading underneath an important level of resistance, one it has tried...Read More
Cardano Founder and IOHK’s Charles Hoskinson recently shared a few brief updates with the community, a few days after IOHK introduced the ‘Smash’ metadata server for the Cardano ecosystem. While the said development was received well by most in the community, Hoskinson implied that there are some good announcements he is saving for the end...Read More
Bitcoin’s market cap was continuing to hit new ATHs, with the same climbing to $344 billion, at the time of writing. In fact, the same had even surpassed the previous ATH of $328 billion achieved back in late-2017. Some of the market’s altcoins saw surges corresponding to the positive sentiment in the market. For instance,...Read More
After running a 12-month test, U.S.-based digital asset investment management DAiM has announced the launch of the first employer-sponsored 401(k) plans that use bitcoin as a base currency. According to the announcement today, DAiM notes that the new service is compliant with the Retirement Income Security Acts of 1974 (ERISA) and will be fully available...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Litecoin’s long-term market and its impact on the price Litecoin’s market has been peaking lately, like most of the altcoin market. In fact, the price of the digital asset rose close to the resistance at $85.10, with the same also re-visiting...Read More
Bitcoin showed no signs of stopping its northbound run as it skirted the $19,000-mark over the last few hours. Further down the crypto-ladder, Binance Coin could be set to trade within a range over the next few days while DigiByte formed a rectangle pattern on the charts. Finally, Waves neared its two-year high on the...Read More
