Cryptocurrency Analysis and News Portal
Nonfungible tokens and blockchain-based gaming projects saw a breakout in popularity over the course of 2021. This was due to their widespread appeal which attracted the attention of crypto newbies and experienced hodlers alike. This trend helped to further initiate the mass adoption of blockchain technology and from the look of
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Hashrate figures for Bitcoin set new highs on Sunday night after crossing previous highs from mid-2021, data from analytics tool Glassnode show.Hashrate refers to the amount of computational power used by miners dedicated to the minting of new bitcoins and verification of new transactions on the Bitcoin network. Millions of
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Popular decentralized exchange Uniswap and Ethereum scaling solution Polygon announced that all Uniswap V3 contracts are officially deployed to the Polygon mainnet on Wednesday, a few days after UNI holders voted to pass a governance proposal to do so.Amid the latest development, prices of MATIC and UNI were both in
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As Bitcoin (BTC) is coming out of a harsh weekend with a 5% drop and a huge sellout, ether (ETH) still maintains its strength in comparison, which has been happening since October. Arcane Research’s weekly update shows that the ETHBTC pair reached its highest level since May 2018 reaching 0.085
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While bitcoin tanked last week, pulling the broader crypto market lower, there was one bright spot. The ether-bitcoin (ETH/BTC) ratio rose 13%, reaching a 3.5-year high and registering its best weekly performance since May.The move was unique. Historically the pair has rallied during market-wide bull runs characterized by buying frenzy
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Bitcoin (BTC) returned to cement higher support on Nov. 30 after the latest BTC price comeback halted near $59,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI sees "bullish engulfing"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing to local lows of $55,920 on Bitstamp overnight.The pair then recovered to circle $56,500
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Sentiment in the cryptocurrency market is back on the rise on Nov. 29 as the recent dip down into the “extreme fear” zone on the Crypto Fear and Greed Index improved slightly after Bitcoin (BTC) recovered above the $57,000 support, lifting the index higher into the “fear" zone.Fear & Greed
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Its been a rollercoaster week in the cryptocurrency market after volatility returned to shake up Bitcoin (BTC) price, pushing the digital asset to lows not seen since mid-October. As has happened frequently in the past, the drop in price of BTC was followed by a rotation into altcoins and the Altseason
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Bitcoin (BTC) investors who bought at 2017 all-time highs and above have still not sold, data suggests.According to the HODL Waves metric, coins which last moved in the past six to twelve months now make up the biggest portion of the BTC supply.BTC buyers hold their nerveDespite strong gains and
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Bitcoin (BTC) logged its worst daily performance since September as BTC price slid by 10% to under $59,000 on Nov. 16. On the other hand, the United States dollar jumped to its best level in sixteen months after spending across the American retail sector grew despite persistent COVID-19 fears and
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