Cryptocurrency Analysis and News Portal
Ethereum's native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred retail investors from buying the token in small quantities.According to data gathered by Glassnode — a blockchain analytics platform, the
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Bitcoin remained well bid above the $49,000 support against the US Dollar. BTC could start a fresh increase if it clears the $50,800 resistance zone. Bitcoin is showing a few positive signs above the $49,000 support zone. The price is now trading above $49,500 and the 100 hourly simple moving average. There is
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Bitcoin is recovering and trading above $50,000 against the US Dollar. ETH must settle above $51,000 and the 100 hourly SMA to continue higher. Bitcoin started a recovery wave above the key $50,000 resistance zone. The price is now trading near $51,000 and the 100 hourly simple moving average. There is a short-term
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The last few years have been exceptional for NFTs. Our idea of digital assets and their ownership has experienced (and is still experiencing) rapid evolution. Very few people would have boldly predicted a public tweet selling for $2.5 million or a there-for-all-to-see clip of Lebron James dunking selling for $200,000.
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Bitcoin exchange reserves have shown a sudden sharp spike recently, despite being in a declining trend for months. After Months Of Downtrend, Bitcoin Exchange Reserves Shoot Up As pointed out by a CryptoQuant post, on-chain data shows that BTC exchange reserves have spiked up in the past couple of weeks. The “all exchanges
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Crypto investment giant Grayscale has published a bullish report on the Metaverse, estimating that the “market opportunity” for bringing the Metaverse to the mainstream may be worth over $1 trillion in the next few years. The November report titled “The Metaverse, Web 3.0 Virtual Cloud Economies” was authored by Grayscale
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Ethereum failed to clear $4,400 and started a fresh decline against the US Dollar. ETH must stay above $4,120 to start a fresh increase in the near term. Ethereum started a fresh decline from the $4,440 resistance zone. The price is now trading below $4,250 and the 100 hourly simple moving average. There
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While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed 42% from 110 exahash per second (EH/s) to today’s 157 EH/s. Moreover, after nine
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Ethereum started a downside correction below $4,700 against the US Dollar. ETH is recovering, but it must clear $4,720 to start a fresh increase in the near term. Ethereum started a downside correction below the $4,750 and $4,650 levels. The price is now trading below $4,700 and the 100 hourly simple moving
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This episode is sponsored by NYDIG.Download this episodeNew statistics show a 6.2% rise in the consumer price index (CPI) year over year for October. On today’s episode, NLW breaks down the news, discussing:How the 2020 inflation debate set up the current bitcoin bull runThe debate around “transitory” inflation in 2021How the
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