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Report: Ethereum Activity in 2020 Nearing ICO Euphoria Levels

Certain metrics tied to Ethereum’s ongoing surge in network activity and price is nearing levels seen previously in the infamous 2018 ICO market, a report noted in its Q2 market outlook. Same Conditions, Different Outcome Xangle – a research firm focused on-chain analytics for cryptocurrencies – recently released its report on “Decentralized Finance (DeFi) inRead MoreRead More. дальше »

2020-7-27 17:00


DeFi ‘Farming Craze’ Pushes Stablecoin DAI to Raise Debt Ceiling to 345 Million

The Ongoing DeFi boom has the Maker community voting for increasing the debt ceilings for DAI. “The farming craze has taken another turn with the start of YFI farming. Until long term solutions are put in place, the community may want to consider increasing the ETH and USDC-A debt ceilings,” reads the team’s statement. This […] дальше »

2020-7-24 16:30


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Bitcoin Shows Signs of Life as it Rallies Past $9,400; What Analysts Expect Next

After consolidating between $9,100 and $9,300, Bitcoin is starting to show some signs of life as its price rallies past $9,400 The ongoing uptrend comes after an extended bout of the cryptocurrency losing its trading volume and momentum due to the uptrends seen amongst many altcoins This latest surge may temporarily change the crypto’s trend, but one top trader is noting that he is planning to short BTC’s high time frame resistance at $9,500 Bitcoin’s […] дальше »

2020-7-22 21:00


Analyst: Bitcoin Looks Exactly As It did Prior to 2017’s 2,000% Rally

Multiple analyses have shown that Bitcoin looks primed to see a macro rally despite the ongoing uncertainty and lack of volatility. Related Reading: BTC Just Confirmed a Signal That Preceded Historical 5,000% Rallies Bitcoin Looks Extremely Similar to the Start of Previous Macro Rallies According to a cryptocurrency trader, the simple chart below explains why he […] дальше »

2020-7-19 13:00


Not Just For Selfies: Twitter Crypto Scam And How Social Media Transfers Value

This week, the popular social platform Twitter was hacked to promote a scam where $120,000 in Bitcoin was stolen. Similar crypto scams have run rampant on the platform for some time. The ongoing issue highlights how social media has transformed from a place to post selfies, into an online community that is used to transfer […] дальше »

2020-7-18 00:00


Bitcoin’s Historical Positioning Suggests an Intense Bull Trend is Looming

Bitcoin’s price action in recent times has been lackluster, providing investors and analysts alike with little insight into the state of its macro trend. This ongoing sideways trading may not be unprecedented, however, as a look at the cryptocurrency’s historical post-halving price action suggests that this may simply be one of the initial phases of […] дальше »

2020-7-17 19:00


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Spikes in Bitcoin Exchange Inflows Signal a Large Selloff is Looming

Bitcoin has continued trading sideways within the lower $9,000 region overnight, with its ongoing consolidation phase now extending over ten weeks Although the crypto has yet to express any clear momentum, likely, this lackluster trading bout will ultimately result in it making a massive movement Analysts are now noting that exchange inflows over the past few weeks have been surging, suggesting that traders may be preparing to offload their BTC This could help provide the […] дальше »

2020-7-16 21:00


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Crypto Analyst Claims Bitcoin Is Less Than 50 Days Away From Topping $10k “Forever”

There is an ongoing debate on where the price of Bitcoin may be going next after spending weeks consolidating at $9,000. While some analysts and traders expect the price to plunge to various levels lower than $9,000, a chartered financial analyst at Cane Island and the author of “Bitcoin Spreads Like a Virus”, Timothy Peterson […] дальше »

2020-7-8 15:30


Only 27% of Circulating Bitcoin has Moved in 2020; Why This Matters

Bitcoin’s ongoing bout of sideways trading has offered little insight into its mid-term outlook. New data now shows that Bitcoin’s price action throughout 2020 has been driven by a significantly limited number of market participants, which may explain why the crypto has been ranging between $9,000 and $10,000 for over six weeks. According to one […] дальше »

2020-7-1 04:00