Cryptocurrency Analysis and News Portal
In the wake of FTX’s collapse, many eyes focused on the now undisputed largest cryptocurrency exchange in the world, Binance. Due to an opaque proof of reserves, the withdrawal of accounting firm Mazars, and a bank run on the exchange, the Binance Coin (BNB) suffered a temporary loss of trust
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"We say this because the two-year Treasury yield, which has been a reliable indicator of the market's direction all year, is, in fact, moving in line with BTC and ETH, while the S&P 500 and Nasdaq have rallied away," QCP said in Monday's market update. Source
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The crypto market has witnessed a turbulent few weeks after the FTX collapse but Lido Finance, a liquid staking protocol, has been a bright spot amidst the chaos. According to Data from DeFiLlama, Lido protocol has earned $1 million or more in fees daily since October 26. Lido fees and revenue
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In the past, it was often said that Bitcoin (BTC) moves the entire crypto and blockchain industry. Is this still the case?The past few months have seen Bitcoin hitting high-water marks including all-time high long-term holder rates and local highs in hash rate difficulty adjustment — yet Bitcoin is still in
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After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance Chain BNB, has faced a strong rejection from the $330 resistance. Is it possible that the two-day 6% sell-off from the $337.80 peak could indicate that further trouble is ahead?Let’s take a look at what the data shows.BNB
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Notably, the first half of the year brought the most drastic phase of crypto winter ever witnessed in the history of cryptocurrency.
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The shift of the Ethereum blockchain to a proof-of-stake (PoS) protocol opened new opportunities for developers and investors to explore, including the burning of Ether (ETH). Now, Ethereum transactions are validated through staking rather than mining.Staking impacts the supply and price dynamics of Ether in ways that are different than mining. Staking
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By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin reclaimed $19,000 last night, as a key technical indicator suggests we may have some upside in
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"In the last 24 hours, we've had a little bit of a pullback," Joe Orsini, director of research at Eaglebrook Advisors, told CryptoX TV's "First Mover" program. "When you consider the move that's been made with bitcoin up around 30% from June 18 lows, ether up about 115%, profit taking
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Binance Coin (BNB) has been moving sideways around the critical level at $300 and might gather momentum for a rally. The cryptocurrency saw significant losses over the past months, but it has been able to recover faster than other altcoins. At the time of writing, BNB’s price trades at $290 with
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