Cryptocurrency Analysis and News Portal
It has become an article of faith across the blockchain industry that there is enormous latent demand by users who are poised to take back control of their personal data. Aggregators, search engines and social media companies have done an amazing job of harvesting that data, pulling it all together
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Bitcoin price this morning touched $50,000 – a feat that might have have made a bear market look a lot less likely. But bulls could be celebrating too early, and a max pain scenario of a symmetrical triangle few currently see could end up shaking up both bears and bulls
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Miners determine more of bitcoin price than most investors understand. The price at which miners are willing to sell usually correlates with how much profit that they can make from selling the coins that they have mined. Depending on the price of the asset, miners usually choose to sell or
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Like just about everyone last week, we were watching the news about GameStop (GME) and the role Robinhood traders played in the market. In light of Robinhood’s disabling of buying in a number of stocks, there is a lot of fury about potential conflicts of interest that are not new
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After gaining the spotlight due to a 980% pump on Jan. 28, Dogecoin (DOGE) briefly entered the top 10 ranking by market capitalization for the first time since 2015. Once the massive pump lost momentum and traders quickly took profits, it seemed that investors would move on past the meme-based
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“Miners are selling” is a popular trope used to explain bitcoin’s occasional downward price action. But on-chain data doesn’t support this narrative, according to analysts and mining pools themselves.After bitcoin’s correction earlier this week to the tune of nearly 30%, miners were a popular scapegoat. But miners have been extremely consistent
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It seems like every week we hear news of another DeFi project being hacked or exploited. The latest crop of victims includes such projects as Harvest Finance, Akropolis, Value DeFi, Origin and of course Compound.When exploits do occur, they usually involve manipulating the reference price like ETH/DAI on a data
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Since the beginning of the year, the decentralized finance (DeFi) ecosystem has rapidly grown to more than $12 billion in total value locked. With this exponential growth, incentives have increased for malicious actors to manipulate and attack vulnerable DeFi protocols, often at the expense of regular users. One of the more
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On Nov. 13, a total of $525 million in Bitcoin (BTC) options open interest is set to expire. This is similar to last week when $470 million in options open interest also expired. This presents somewhat unusual activity as most volume goes through monthly and quarterly options.On Nov. 5 (last
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Futures funding stayed flat or turned negative despite bitcoin's rally to $12,000. Source
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