Data shows extreme fear sentiment in the Bitcoin market has continued for almost a month now, the longest stretch since April 2020. Bitcoin Market Sentiment Remains In Extreme Fear Territory As per the latest weekly report from Arcane Research, the crypto fear and greed index has continued to point at extreme fear this week. The […]
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A couple of days after its launch, the new LUNA or LUNA2 token from the Terra network continues to experience high volatility levels. The cryptocurrency was deployed as a result of the collapse of the old LUNA or LUNA Classic which lost almost 99% of its value in a little over a week. Related Reading […]
The price of bitcoin has been doing significantly well compare to where it was about a week ago. It has now recovered above a highly coveted point, returning some faith back into the market. However, the position where the digital asset currently resides is one that is unstable. Even though it seems to have found […]
Tl;dr: Coinbase commits $1 million for Public Goods through Gitcoin, including $200,000 for upcoming Grants Round 14. Today, Coinbase is pleased to announce its ongoing support of digital public goods — or open-source software supporting open-source protocols — in collaboration with Gitcoin. With this $1 million commitment, Coinbase has committed one of the largest single donations to the public goods […]
According to TokenInsight 2021 Crypto Trading Industry Annual Review, the industry continues to break through, with 2021 full-year trading volume reaching $112 trillion, of which about half is futures contracts ($57 trillion), compared with spot trading that accounts for 43% ($49 trillion). In addition, the total crypto trading volume increased 3.37 times year on year. […]
Cardano (ADA) exhibited strength over the last 24 hours as the coin rallied by almost 25%. With Bitcoin trying to climb up on its chart, altcoins have reflected the same price action. Broader market seems to be regaining its lost momentum with major market movers showing signs of recovery. The global cryptocurrency market cap today […]
A very expected launch went live as the governance token OP was airdropped by the Ethereum layer-2 scaling solution Optimism. Why So Optimistic? In a mission to fund public goods and create a sustainable future for Ethereum, the Optimism Collective firmly believes that “positive impact to the collective should be rewarded with profit to the […]
Bulls vs. Bears. The long history of two animals battling against each other on Wall Street has now paved its way into the crypto markets. After a long reign, the bulls have taken a step back and the bears have taken over. That said, most of us are aware that the market conditions right now […]
Blockchain technology has revolutionized government, finance, insurance, and personal identity security. By 2025, it’s predicted that corporations will be spending $20 billion annually on blockchain technical services. Tech giant IBM is investing more than $200 million in research and over 90% of European and US banks investigating blockchain options. Although only taking the world by […]
Ethereum struggled to gain pace above the $2,000 resistance against the US Dollar. ETH is correcting lower, but dips might be limited below the $1,900 zone. Ethereum started a downside correction from the $2,000 resistance zone. The price is still trading above $1,900 and the 100 hourly simple moving average. There is a key bullish […]
Ethereum was bullish on its chart today at the time of writing. ETH broke its consolidation phase and rose upwards by 4% over the last 24 hours. The king altcoin secured $1900 as a strong support level. After the coin moved past the $1700 level, the bulls started to show up in the market. The […]
Bitcoin remained in a positive zone above $31,200 against the US Dollar. BTC could correct lower, but the bulls might remain active near $30,800. Bitcoin is showing positive signs above the $30,500 and $31,000 resistance levels. The price is now trading above the $31,200 level and the 100 hourly simple moving average. There is a […]
Cardano has been making waves in decentralized finance (DeFi) ever since it debuted smart contract capabilities on the network. Development has ramped up, making it the network with the most developments going on. This activity has translated to a rise in the total value locked (TVL) on the network. And although this value has been […]
The Terra (LUNA) crash will go down in crypto history as one of its most catastrophic events. Billions of people lost their life savings and investments. In the meantime, a small group of insiders benefited. Related Reading | LUNA Classic Jumps 90% Following Support From Crypto Exchanges According to a report from Arcane Research analyst Anders […]
The daily pump & dump is a weekday update on the crypto market providing you with an abbreviated breakdown of price action related to Bitcoin, Ethereum, and other trending altcoins. Today’s summary: Bitcoin reclaims $30,000 over memorial day weekend How Ethereum could lose its head against BTC What’s going on with Cardano? Bitcoin Makes Memorial Day […]
Data shows Bitcoin long-term holders have realized a significant amount of losses recently, a sign that the final capitulation before the bottom may be here. Bitcoin Long-Term Holder SOPR Shows Average of 27% Losses Being Realized This Week According to the latest weekly report from Glassnode, BTC long-term holders seem to have harvested some losses […]
Tl;dr: Coinbase’s goal is to provide a neutral marketplace where customers can engage with every safe and compliant crypto asset. As part of this effort, we have always ensured that listing an asset on Coinbase is completely free of all fees and prerequisite costs. By Surojit Chatterjee The goal of Coinbase’s exchange is to provide […]
Ethereum is making progress towards its transition from a Proof-of-Work (PoW) consensus to a Proof-of-Stake consensus algorithm. In an event dubbed as “The Merge”, the current network and its decentralized application will begin operating on the latter. Related Reading | Analyst Hints Huge Chances For Ethereum Killers To Surge, Sides With Solana And AVAX Core ETH […]
Bitcoin exchange outflows have been turning for the better recently. What had predicated this was a long week of inflows surpassing outflows, solidifying the fact that it was a seller’s market. However, the tide has begun to turn as the Monday numbers are in. Bitcoin exchange outflows have now surpassed inflows by a large margin. […]
Two Ethereum killers are on the brink of price rallies; they include Avalanche (AVAX) and Solana (SOL). Pentoshi’s Stand On Solana And Avax Pentoshi, a pseudonymous crypto pundit and analyst, took to Twitter to say that he presumes Solana (SOL) is about to change momentum towards a bullish one. Related Reading | Negative Sentiment Deepens In […]