Cryptocurrency Analysis and News Portal
As Bitcoin (BTC) lost the $52,000 support on April 22, the futures contracts funding rate entered negative terrain. This uncommon situation causes the shorts, investors betting on price downside, to pay fees every eight hours.While the rate itself is mildly damaging, this situation creates incentives for arbitrage desks and market
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Key Ethereum Takeaways Ethereum (ETH/USD) looks poised to pursue a bull run towards $2,000 after flipping key resistance levels into interim supports. More tailwinds come from Citi and Goldman Sachs’s latest endorsements for the cryptocurrency sector. Volatility in the US government bond market continues to pose risks to rally. Ethereum prices surged on Wednesday,
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Summary:Wrapped Bitcoin (BTC) has flipped the market cap of Bitcoin SV (BSV)$320 Million in market capitalization separates the two assetsDemand for Bitcoin on Ethereum continues to increase and has fueled the growth of WBTCWBTC is also available on the Tron network Wrapped Bitcoin (WBTC) has surpassed the market capitalization of Bitcoin
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Bitcoin yesterday saw its largest daily red candle in its history in terms of total dollars moved. Today, the selling has continued, and it has caused the MACD to turn bearish for the first time since the leading cryptocurrency by market cap took out $20K. Is this a sign of a
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Ethereum 2.0 genesis stakers have pushed the total number of Ethereum nodes past the number of Bitcoin nodes for the second time this year.According to Ethernodes.org, 11,259 Ethereum nodes are currently active, giving it a roughly 1% lead over Bitcoin’s 11,136. Ethereum’s node count last surpassed Bitcoin’s in early September.The
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With Bitcoin holding strong above $10,000, the halving in the past, and months of positive price action, it
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Bitcoin is showing some intense signs of strength today, with the cryptocurrency’s price rallying towards its recent highs
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Ethereum has firmly surmounted its $400 for the first time in a few weeks, with buyers now attempting
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The vast majority of the Bitcoin (BTC) supply is now in profit after its price bull run to $11,400, data shows.Tracked by on-chain monitoring resource Glassnode, as of July 27, almost 95% of the Bitcoin supply is now worth more than when it last moved.Bitcoin profitable days hit 97.7%Monday’s figure
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Despite a worsening pandemic, geopolitical turmoil, and more, Bitcoin and the S&P 500 have fended off secondary declines after March’s liquidity crash.At least for the time being, BTC holds above $9,000 and the leading stock index remains above 3,000 points. Both measures have held their respective levels for more than
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