Cryptocurrency Analysis and News Portal
The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto upside, according to analysts at the American investment bank JPMorgan Chase.The percentage of stablecoins in the total crypto market value has been on the rise, reaching new historical highs in
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On-chain data shows investors exited positions acquired at much higher prices over the past three-day period. Original Source
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“Concerns around a sharp tightening of monetary policy are weighing on financial markets and are trickling down into cryptocurrencies through their influence on large institutional investors,” Alex Kuptsikevich, an FxPro senior market analyst, said in an email to CryptoX. “It is not surprising that bitcoin and ether are dragging the
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Bitcoin price is in free fall and the cryptocurrency community is in panic. The high-risk, speculative asset class is living up to its notorious volatility and the selling appears unstoppable. At some point, all assets become oversold and recovery begins. After the most recent selloff, BTCUSD weekly RSI has reached the
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During the seven days through Sunday, the bitcoin price inched up 1.5% – barely mentionable for the notoriously volatile cryptocurrency except for the fact that it was the first weekly gain in 10 weeks. From late March through late May, a steady market erosion took bitcoin from about $48,000 to
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Bitcoin (BTC) ATM installations across the globe have seen a steep decline throughout the year 2022, with May recording just 202 new BTC ATMs, a range last seen three ago in 2019.Over the past five months since January, Bitcoin ATM installations saw a gradual slowdown, eventually falling down 89.75% from
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This short-term decline in investments can be correlated to the recent market correction, which made Bitcoin (BTC) and other major cryptocurrencies lose 50% or more of their value.According to new data released by Dove Metrics, total venture capital investment in crypto declined 38.2% over the past month, from $6.8 billion
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Se espera una desaceleración ya que “la actividad en ocho de los mercados líderes de VC durante los últimos 12 meses se ha reducido un 50% desde el pico; ha empeorado el desempeño de algunos de los mayores inversionistas en tecnología/criptomonedas, que priorizan las inversiones existentes en lugar de desplegar
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Plentiful U.S. dollar liquidity and rising crypto prices fueled record VC investment in the sector last year, with more than 1,800 deals, the note said. This represented an increase of 160% above the average of the previous years. Investment in crypto was 7% of all venture capital investment globally, it
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Bitcoin (BTC) threatened to continue an unprecedented losing streak on May 29 as BTC/USD stayed in a right intraday range.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewStocks correlation offers no comfort to BTC bullsData from Cryptox Markets Pro and TradingView flagged the largest cryptocurrency heading for nine weeks of downtrend in a
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