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2 Metrics Soar to Dot-Com Era Levels: 3 Reasons S&P 500 Is in Trouble CCN.com - News and Op-Eds for The Next Generation Two key stocks metrics have soared to dot-com era levels, raising the risk of a broad pullback in the S&P 500 Index. 2 Metrics Soar to Dot-Com Era Levels:
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Following a 157% bull rally throughout the first half of August that saw Chainlink hit a new all-time
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Ethereum fees are at a two-year high as the hype around decentralized finance (DeFi) leads to a surge in network activity, according to Coin Metrics. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial
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The price of Chainlink’s LINK token has increased 480% since the beginning of 2020/ These three key metrics may explain its rise.LINK price 2020. Source: Nomics.Is it another pump?Chainlink has been in the news a lot over the past several months with a number of partnerships and integrations. However, whenever
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Ethereum entered a consolidation period over the past week that has led to the formation of a descending triangle on its 4-hour chart. A horizontal trendline developed along with the swing lows while a descending trendline formed along with the swing highs. The continuation pattern estimates that a spike in demand
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Bitcoin’s ongoing low-volatility range play is reminiscent of the price doldrums observed ahead of a sudden 40% price crash in the second half of November 2018. This time, however, the price squeeze may end with a bullish move, on-chain metrics and macro factors suggest. The leading cryptocurrency by market value
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VeChain has been on a tear over the last couple of weeks. Since the beginning of the month, VET entered a bull run that has seen its price appreciate more than 149%.The blockchain-based supply chain management token went from trading at a low of $0.0088 to hit a new yearly
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Bitcoin has found itself in no man’s land. Take the chart below, which shows that over the past few months, the cryptocurrency has centered around the low-$9,000s,Chart of BTC's price action over the past four months. Chart from TradingView.comThe stagnation in the cryptocurrency market has been further accentuated by volatility
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The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance and Houbi. Record Bitcoin options volumes are indicative of an increasing institutional interest in
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Bitcoin (BTC) is again fueling suggestions that it is preparing for price growth as two more indicators flash bullish.According to fresh data this week, both the Puell Multiple and Mayer Multiple now point to long-term buying opportunities.Puell Multiple hints at BTC price gainsAs highlighted by Philip Swift, creator of analytics
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