Cryptocurrency Analysis and News Portal
Quick take:The Crypto Fear and Greed index has dropped below 80 for the first time since November 5th, 2020It had more or less plateaued above this value for close to 2.5 monthsA drop in the index could be the first signs of a Bitcoin and Crypto market cool-offBitcoin faces the
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The recent “altcoin season” playing out over the last several days while Bitcoin downtrends, has traders “cautious” about what could be next. As for what could possibly lie ahead that has crypto traders so fearful, is an altcoin-led blow-off top that sends crypto back into the troughs of a short-term
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Yearn.finance (YFI), a leading decentralized finance protocol, has been hyping up the launch of its v2 Vaults. While Yearn.finance is an umbrella DeFi ecosystem, it is currently best known for its Vaults product. Vaults are contracts where users can deposit cryptocurrencies such as Ethereum, USDC, YFI, and others to earn a
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Bitcoin shaved off a clean 20% in trading early Monday, having failed to establish itself above $40,000. The index of all the crypto assets came down with it, with analysts calling the decline a healthy correction for an overheated market.“Hefty spot selling against an over-levered market caused the price drop,”
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Digital asset manager Grayscale Investments is following Bitwise’s footsteps in removing XRP from its large-cap crypto fund.The firm, which is owned by CryptoX parent company Digital Currency Group, announced Tuesday it would no longer hold XRP in the Grayscale Digital Large Cap Fund, which is also made up of BTC,
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SushiSwap (SUSHI) has dropped 14% in the past 24 hours as Ethereum has slipped lower. The leading decentralized
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Over-leveraged bitcoin investors in the derivatives market led to Monday’s sell-off while ether spot and futures markets are starting to get a lot more attention.Bitcoin (BTC) trading around $31,444 as of 21:00 UTC (4 p.m. ET). Slipping 5.7% over the previous 24 hours.Bitcoin’s 24-hour range: $28,154-$33,562 (CryptoX 20)BTC slightly below
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Major cryptocurrency exchange Coinbase will suspend trading for XRP in response to the United States Securities and Exchange Commission taking legal action against Ripple.According to a blog post published today by Coinbase chief legal officer Paul Grewal, the exchange will fully suspend XRP trading starting on Jan. 19 at 10:00
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Bitcoin (BTC) fell by almost $1,000 in under an hour on Dec. 23 as spot markets refused to buy fresh good news from institutional investors.Cryptocurrency market overview from Coin360.BTC price spooked near $24,000 sell wallData from Cryptox Markets, Coin360 and TradingView showed a surprise bearish trading session for Bitcoin on
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It's been all about Bitcoin (BTC) in recent months with altcoins suffering as a result and BTC dominance reaching a new local high of 67.5% over the past few days.However, a reversal typically occurs once altcoins start to show such major weakness and altcoin traders are in depression. The leading
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