Cryptocurrency Analysis and News Portal
Bitcoin’s options market data shows investors are beginning to position for a temporary retreat from the cryptocurrency’s steep bull run.The one-month implied volatility, which is influenced by the demand for call and put options, jumped from roughly 55% to a four-month high of 70.5% in the past two days, suggesting
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Bitcoin price just had its first decent-sized pullback since making it above $16,000. Less than 48 hours later,
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Trading platform Robinhood Markets has begin searching for bank partners to assist it in an initial public offering that could be held in early 2021, according to Bloomberg. This story is developing and will be updated as more information is available. Source
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As technological innovations continue to spread across Africa, the continent could provide some unique use cases for blockchain technology. African has been continually driving innovation in a number of spaces, with mobile payments a prime example of the potential for technology to drastically improve the lives of everyday Africans.While many
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The cryptocurrency market momentum has swung back to Bitcoin (BTC) recently as BTC dominance and trading volumes have been climbing along with its price. In that regard, the primary altcoin indicator, Ether (ETH), has not been doing well as ETH/BTC has dropped 30% in the last two months. Now, many crypto
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Chainlink (LINK) seems to be forming a short-term top near $12.98. A head and shoulders pattern is likely
Read MoreJPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant cryptocurrency comes after PayPal allowed its users to buy and sell crypto assets.JP Morgan, from "Bitcoin is a fraud and will blow up" in 2017 to
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Bitcoin has proven itself to be a risk asset, not a safe haven, with “considerable” potential upside, according to a Friday note from JPMorgan’s Global Quantitative and Derivatives Strategy team obtained by CryptoX.Writing to clients in “Flows & Liquidity,” one of JPMorgan’s flagship publications, the authors said that characterizing bitcoin
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The Coinbase- and Circle-backed CENTRE Consortium announced support for its USDC stablecoin on the Solana blockchain Wednesday, marking the dollar-backed asset’s fourth blockchain integration, after Ethereum, Algorand and Stellar, announced barely a week ago. Compared to Ethereum’s approximate rate of 15 transactions per second (TPS), Solana offers over 50,000 TPS, which
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Central bank digital currencies (CBDCs) may benefit countries looking to exert greater control over their monetary policy but don’t solve for every crisis, said a report from the International Monetary Fund (IMF) published Monday. While most of the report assessed the different pros and cons, as well as the policy considerations,
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