Cryptocurrency Analysis and News Portal
Bitcoin has been in a $30,000-$35,000 range for almost a week at a time when some market participants are seeking out ether and other crypto to trade during the perceived doldrums.Bitcoin (BTC) trading around $32,003 as of 21:00 UTC (4 p.m. ET). Slipping 4% over the previous 24 hours.Bitcoin’s 24-hour
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Institutional investors are beginning to take more interest in Ethereum. This is very similar to the way they adopted Bitcoin enmasse in 2020.Bitcoin is not the only crypto asset that has seen an increase in the numbers of its institutional investors. According to a recent report from Coinbase, Ethereum, the
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On-chain metrics are indicating that continued downward pressure on the price of Bitcoin would result in many investors facing losses.A Jan. 25 report published by crypto data aggregator Glassnode has noted that Bitcoin’s adjusted Spent Output Profit Ratio, or aSOPR, suggests that a further decrease in prices will leave many
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Ether’s latest rally to all-time highs appears to be driven, in part, by the sort of institutional investors who piled into bitcoin in 2020 for its digital gold narrative.More institutional investors are seeing ether as a store of value, according to Coinbase’s annual review for 2020. The crypto exchange noticed
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Strong hands look to be backing the recent rally to record highs for Ethereum’s ether cryptocurrency.The number of whale addresses (those holding at least 10,000 ETH) jumped to a 13-month high of 1,103 on Saturday, according to on-chain data from blockchain analytics firm Glassnode. More than 35 whale addresses have
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During the second half of 2020, we saw a growing interest in cryptocurrencies from institutional investors and big capital. However, all the attention of the whales, as well as all the attention of the public, was fixed on Bitcoin (BTC). Today, we will look at why Ether (ETH) is a
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What is the intrinsic value of ether? This is a question I’ve been wrestling with this past week as the ether price set a new all-time high of $1,439.33, according to CryptoX’s price index.Similar to how many view the current bitcoin price bull run as being credibly different from previous cycles
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Within several months the FBC Fund has significantly increased its parameters, and thereafter, the profit of investors. There are 2 reasons for that. The first one is a significant growth of almost all cryptocurrencies’ rates over the past few months. The second reason is that the Fund has updated and optimized
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Cryptocurrencies have been consistently outperforming themselves in recent days, turning into one of the hottest asset classes out there in the global financial market. Their performance has ensured complete attention from traders and investors who are now actively looking for ways to further diversify their portfolios with cryptocurrencies. The trend
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Similar to 2017 and the popular cryptocurrency bull run, last year created a fresh buzz in the world of crypto and Bitcoin (BTC) particularly. From setting new all-time highs to making various news rounds and capturing mainstream finance’s attention, the pandemic year was exciting for cryptocurrency enthusiasts and believers.Related: Did
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