Cryptocurrency Analysis and News Portal
The rally in cryptocurrency markets started in early January with a spike in heavily-shorted altcoins and Ethereum (ETH) liquid staking derivative (LSD) tokens due to the upcoming network upgrade in March. Soon gains started to show across the board as buyers started to play catch up. The improving macroeconomic conditions, such
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By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin continued its comeback over the weekend, as it rallied to a high of almost $24,000.
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Ethereum is currently at the mercy of sellers that could put a huge dent on its bullish momentum and pull it back
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The XRP price has increased significantly in the past 24 hours. The coin registered over 10% growth in the past day. Over the
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The XRP price climbed 7% over the last 24 hours, turning the technical outlook for the coin bullish. In the past week,
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Solana Price shot up by 8% over the last 24 hours, painting a bullish chart. Over the past week, the altcoin soared
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EOS price has propelled by 10% and now is one of the top gainers over the 24 hours. This has pushed the coin quite close to its next price resistance. The bulls were back on the 24 hour chart and that depicted positive price action for the coin. Despite Bitcoin falling
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Leverage, not the spot market, fueled a crypto market July rally that restored $240 billion in market capitalization. While leverage boosts returns, it exposes traders to forced liquidations by exchanges it they can't meet margin shortages. Therefore, derivatives-led rallies like July's often inject volatility into the market. That said, overall
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"Volatility" is the word of the month and that is exactly what cryptocurrency investors saw today as Bitcoin rallied after concerns over the Biden administration's executive order on crypto turned out to be a 'nothingburger'.Data from Cryptox Markets Pro and TradingView shows that after trading near the $39,000 mark for the
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Bitcoin (BTC) extended its gains, hitting nearly $45 thousand on March 1 as interest rate speculators reduced their bets on aggressive rate hikes in 2022 and the number of whale addresses spiked amid speculations that BTC is proving itself as an apolitical safe-haven.Traders reduce half-point bets for MarchBTC's price surged
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