Ether Price Hits 2-Year High
The two-year high was reached alongside a drop in the number of coins held in exchange addresses. Source
Read MoreThe two-year high was reached alongside a drop in the number of coins held in exchange addresses. Source
Read MoreBitcoin and altcoins have bounced off their range lows but
Read MoreEther (ETH) options open interest grew by 230% to reach $393 million in the past three months. Although this is an impressive figure, it doesn’t fully reflect how the derivative instruments being used.Ether options open interest, USD. Source: SkewStrike levels appear bullishThe first thing one should take note of is
Read MoreBitcoin (BTC) price dropped by as much as 10% this week and while this might be scary for day traders, the 3-day chart shows the downside move hardly made a dent on the current market structure.This holds especially true when considering that the $12,500 level hasn't been touched in over
Read MoreBitcoin bulls are currently attempting to turn weekly resistance at $11,500 into support. However, failure may be likely
Read MoreBitcoin (BTC) has had four market cycles since its inception in 2009, from a bottom to a new peak. The cycles ranged from over 600 days to around 1,050 days. The most recent cycle has just surpassed 300 days, which suggests it could last 3-12 more months.If Bitcoin’s price remains
Read MoreYearn.finance (YFI), one of the hottest crypto assets in the Ethereum decentralized finance space, has seen an extreme
Read MoreToday’s Bitcoin (BTC) futures expiry was lackluster both in terms of price impact and volume. Open interest dropped by a mere $157 million, barely moving from its $5 billion mark. As CoinTelegraph correctly predicted yesterday, this most recent CME Bitcoin futures expiry was irrelevant. Some $125 million worth of August contracts
Read MoreYFI, the native token of the Decentralized Finance (DeFi) giant yearn.finance, achieved a new all-time high. It soared by 30% in the last 12 hours from $14,017 to $18,169, entering price discovery.The price chart of yearn.finance’s YFI in the last two weeks. Source: TradingView.comThe term price discovery refers to when
Read MoreBitcoin’s rally lost power after a speech by the Federal Reserve chief; Ethereum gas usage hits another record. Bitcoin (BTC) trading around $11,251 as of 20:00 UTC (4 p.m. ET). Slipping 1.8% over the previous 24 hours.Bitcoin’s 24-hour range: $11,130-$11,596BTC below its 10-day and 50-day moving averages, a bearish signal for
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