Cryptocurrency Analysis and News Portal
Bitcoin’s one-year correlation to the Standard & Poor’s 500 index hit record highs as the leading cryptocurrency continues to trade in lockstep with traditional financial markets. The realized correlation, which measures the relationship between two assets, reached 0.367 on Thursday, up from -0.06 on January 1, according to data from Coin
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According to Skew, the implied volatility of Bitcoin reached a 1-year low at 46%. The last time BTC’s volatility reached such a low point, a big price movement followed.Researchers said:“BTC 1month ATM Implied Volatility reaches a 1-year+ low at 46%.”The volatility of Bitcoin last dropped to around 50% in the
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Mainnet crypto staking on the Matic network went live on June 29, 2020. Delegators need a minimum of one Matic token to participate, and with a current price of just under two cents, the barrier to entry is low.Matic’s co-founder and CEO, Sandeep Nailwal took to Twitter to give an
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Data from on-chain analytics firm Glassnode shows over 61 percent of Bitcoins on the open market have not moved in over a year. In contrast, the usage of Bitcoin-pegged ERC20 tokens has increased. Bitcoin a HODL or Inherent Risks? On-chain analytics firm Glassnode shows a majority of all Bitcoin has not moved
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American social news aggregation, web content rating, and discussion website
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On-chain data indicates crypto investors aren’t taking profits but are holding on despite uncertain economic conditions and bitcoin’s strong performance. At the time of publication, 60.63% of all bitcoins have not moved in at least a year, according to data from Glassnode. This data suggests bitcoin ownership is consolidating, and investors
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Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255.The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been
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Ethereum and the aggregated crypto market bore witness to immense volatility this morning that was sparked by Bitcoin’s capitulatory decline from the $10,000 region.This decline caused major altcoins like ETH to post massive losses, with many underperforming Bitcoin as they continue struggling to garner any notable momentum against their BTC
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Positive investor sentiment about bitcoin (BTC) on Twitter has reached record levels – its highest in three years – triggered by the cryptocurrency’s supply cut earlier this month, data shows.According to crypto data company The Tie, the 30-day average daily sentiment score is at an all-time high since 2017.The
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The Bitcoin (BTC) options market, which is mostly dominated by Deribit and CME, gives a 9% chance for BTC to rise to it's all-time high at $20,000 by the end of 2020.Given the tendency of Bitcoin to see a prolonged rally six to eight months after a halving is activated,
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