The Crypto Fear and Greed Index continued to underline the extreme greed in the market with a reading of 90, at press time. While Binance Coin registered a bearish divergence that could see the coin dip slightly on the charts, Ontology’s trading volume was yet to catch up with its latest surge in price. Finally,...Read More
In a development that has taken many in the community by surprise, a blockchain bond worth $3 billion has been withdrawn from a Malaysian crypto-exchange, according to a recent report. The bond in question was arranged by a China Construction Bank Corp (CCB) unit using blockchain technology. In fact, it was reportedly withdrawn at the...Read More
Altcoin markets continued to look strongly bullish in the short-term after the malaise that had set in over the past couple of months passed. While Ethereum Classic surged to the upside of a range it had been stuck within, Maker flipped a level of resistance to support over the past few hours. Finally, EOS continued...Read More
Over the past few months, the perception and the sentiment around the crypto-market have changed dramatically. Not only are institutions jumping in, but some regulators have had a change of heart too. However, while some of the previous frostiness has thawed lately, it should be noted that what is catching the eye of most are...Read More
The larger market sentiment has shifted strongly in the favor of the bulls over the past few days. In fact, Bitcoin refused to drop below $17,800, despite corrections setting in. In the time that it traded sideways, the altcoin markets have seen capital flow into them. Stellar Lumens and FTX Token posted remarkable gains over...Read More
At the time of writing, Bitcoin was trading at $18,092, having recovered from a dip that took it below the crucial level. If BTC does close above $18,000, it will have done so for 2 days in a row, with it being 4 days since the price first crossed $18,000 since the heyday of the...Read More
Bitcoin was trading at $18,626 with a market capitalization of $345 billion, at the time of writing, with the world’s largest cryptocurrency on the precipice of finally overtaking its ATH on the price charts. It is in light of such developments and expectations that it is interesting to note that Bitcoin is still leaving exchanges....Read More
While Bitcoin Cash‘s contested fork last week depressed the price to $238, it has seen good recovery since. Interestingly, this was also aided by a strong surge across the altcoin market as Ethereum also visited its $550-resistance level. Subsequently, Bitcoin fell from $18,700 to near-$18,000 and many of the market’s alts also saw selling pressure...Read More
Ethereum’s Vitalik Buterin is in the news today after he called out Blockstream COO Samson Mow for his statements on how VCs and advisors need to legitimize “sh*tcoinery” so they can be intermediaries. Retweeting a comment made by Chris Burniske, Mow added, “If it’s as simple as buying BTC, which it is, intermediaries are obsolete.”...Read More
With Bitcoin and most of the market’s altcoins rallying in the backdrop, the Stablecoin Ratio seems to be highlighting the rise of sell-side pressure. At the time of writing, Bitcoin was trading at $18,649, with the asset successfully staying above $18,000 for over 24 hours now. In fact, the reserves on spot exchanges are dropping...Read More
Tron and Dogecoin seemed to be registering very similar price actions, at the time of writing. However, it remained to be seen if they would continue to make gains after a pullback. While Cosmos noted a bearish divergence on the charts, its price continued to rise even as buyer interest waned. This, eventually, contributed to...Read More
This is the second part of a three-part look at a monthly dollar-cost averaging strategy. In the first part, we discussed the idea and saw which three months gave the worst returns using this method. In this article, we’ll look at which months gave the kind of returns that would make one go ‘meh.’ Laying...Read More
It may be a tad too early, but ‘tis the season of fun, joy, and a Bitcoin price rally. With Bitcoin holding firm above the $18,000-mark, each passing hour is only going to clarify the difference between stacking sats and trading. In fact, institutions like Grayscale, with an AUM of over $10B, are still stacking...Read More
The cryptocurrency community has a lot of experience dealing with cyber-attacks within its ecosystem. In fact, it is also familiar with attacks that have, for often unwarranted reasons, brought it to the attention of the mainstream media. It would now seem that the crypto-industry will be in the news again after GoDaddy, the world’s largest...Read More
Many of the market’s altcoins have enjoyed significant gains over the past few days, with some coins even posting double-digit percentage gains over a 24-hour period. At the time of writing, however, many of these alts were noting a pullback. Bitcoin SV appeared to break out of the price range it had been trading within...Read More
The crypto-market’s total capitalization was recorded to be $528 billion, at the time of writing, with the larger market sentiment remaining strongly bullish after the previous day’s sizable gains. Further down the crypto-ladder, Chainlink touched $15 and it could see a minor pullback on the charts while the strong performance of Aave and Decred over...Read More
With the world’s largest digital asset registering YTD returns of over 145% at the time of writing, there is renewed cause for optimism in the market. In fact, many like Nic Carter have gone out of their way to stress that contrary to the bull run back in 2017, the present rally is much more...Read More
Bitcoin Dominance, at the time of writing, had dropped a little over the last 24 hours, with the same observed to be at 65.05%. As far as the market’s alts were concerned, while Monero exhibited a bearish divergence, NEM was trading under a strong level of resistance after recovering with strength over the past few...Read More
With the idea of crypto-assets gaining steam across the world, the question really is which country will be left behind. South Africa seems to be the latest country to make an effort to regulate cryptocurrencies after the FSCA, the country’s premier financial regulator, issued a declaration that stated that the country intends to treat cryptocurrencies...Read More
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
