Cryptocurrency Analysis and News Portal
The use case that helped power Ethereum‘s record-setting string of positive weekly closes in early 2020, has now gone parabolic.Decentralized finance users have grown from just 90,000 individuals to over 178,000 over the course of the last six months, showing a rapid increase in demand for such alternatives to traditional
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Currently, Bitcoin isn’t “hard money.” Its supply is not fixed, and will not be for a very long time. The famous 21 million limit won’t be reached for over a century if it is ever reached at all. eToro analyst Simon Peters believes that Bitcoin price has all chances to
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Grayscale Investments bought up to 33% of all newly minted bitcoin over the last three months, as the asset manager continues to stockpile major cryptocurrencies.The investment fund added 60,762 BTC to its Bitcoin Trust Fund between February 7 and May 17, a researcher posted on Reddit. That’s the equivalent
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Bitcoin may be down 50% from its all-time highs, but Ethereum has posted an even more harrowing performance. From the asset’s 2018 highs, set at the peak of the previous crypto-mania, ETH has fallen by over 85%, trading at $215 today after reaching $1,430.Some have said that Ethereum’s inability to
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Crypterium (CRPT), the namesake utility token of the award-winning fintech startup, is listed as one of the most valuable assets of the year 2020. The well-known crypto expert and editor of Palm Beach Research Group has listed CRPT alongside four other tokens in the 2020 Phenomenon Playbook.The 2020 Phenomenon Playbook
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Bitcoin (BTC) price is portraying a similar trend seen in April 2019, when BTC surged from $5,000s to $14,000 within two months. Based on the similarity of the price action, there is a possibility that the top-ranked cryptocurrency by market capitalization could gear towards a new local peak in the
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Bitcoin fell sharply on Sunday, triggering the highest long-short liquidations on crypto derivatives exchange BitMEX for the past two months. The top crypto by market cap fell by over 8.5% – its biggest single-day drop since March 12, when prices crashed nearly 40%, according to CryptoX’s Bitcoin Price Index. The decline could
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According to recent data, crypto participants known as ‘bitcoin whales’ have been steadily accumulating bitcoins, and not selling since the ‘Black Thursday’ market carnage on March 12, 2020. Onchain data and blockchain analysis firms indicate that the number of bitcoin whales with 1,000 to 10,000 BTC or more on
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Bitcoin's bulls are taking a breather, having engineered the longest run of daily gains since last summer. At press time, the number one cryptocurrency by market capitalization is trading in a sideways manner around $7,730 on major exchanges, representing a 0.60 percent decline on the day, according to CoinDesk's Bitcoin
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Since oil futures crashed earlier this week – some hitting negative prices for the first time ever – the crypto world has been enjoying the fact that bitcoin suddenly appeared to be a relatively stable asset.Markets were shocked when the May futures contract on the West Texas Intermediate (WTI) crude,
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