Cryptocurrency Analysis and News Portal
The Commodity Futures Trading Commission’s (CFTC) Commitments of Traders report released on Friday showed leveraged funds held a net short position of 31,000 contracts in the seven days to Oct. 19, marking an increase of 6,000 from the previous week. Source
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The bitcoin dominance ratio, which measures bitcoin’s market capitalization relative to the total crypto market capitalization, dropped to as low as 44.62% over the weekend, before it returned to roughly 45% on Monday, according to TradingView. The decrease in the dominance ratio in the past few days indicated that at
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Investors pumped a record $1.47 billion of new money into digital asset investment products last week, fueled by a rally in cryptocurrencies and the launch of the first bitcoin futures exchange-traded fund, a report Monday by CoinShares showed.The increase in flows came as bitcoin (BTC), the world’s largest cryptocurrency by
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Shiba Inu (SHIB), the self-proclaimed dogecoin killer, tapped lifetime highs on Sunday as bitcoin appeared on track to snap its three-week winning streak.The Shiba Inu coin traded at $0.0000455 at 11:20 UTC, topping the previous record price of $0.0000388 reached on May 10, according to data source Messari.Prices for the
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The total crypto market capitalization is now roughly double that of silver’s $1.4 trillion, according to the website companiesmarketcap.com, and has climbed as a percentage of gold’s $11.3 trillion. The crypto market cap also exceeds the valuation of the shares of Apple, the world’s largest publicly traded company, at $2.5
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The cryptocurrency hit five-month highs of over $4,200 earlier today, extending Wednesday’s 7.3% gain – the biggest since Oct. 1. The price chart shows the path of least resistance is to the higher side, and record highs could soon come into play. Original Source
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Bitcoin broke the $65,000 resistance and traded to a new all-time high against the US Dollar. BTC is correcting gains, but dips could remain attractive near $63,000. Bitcoin gained pace above the $65,000 and $65,500 resistance levels. The price is now trading above $63,000 and the 100 hourly simple moving average. There is
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Bullish sentiment is running high across the cryptocurrency market on Oct. 20 as Bitcoin’s (BTC) surge to a new all-time high at $67,000 thrust the digital asset into uncharted territory and investors are closely watching to see how altcoins and DeFi tokens react to the move.Crypto Fear & Greed Index.
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Ether continues to struggle for a breakout above key resistance even as bitcoin, the crypto market leader, looks north after record daily close.The native token of Ethereum’s blockchain is yet to take out the falling trendline drawn from May and September highs. Bitcoin cleared similar resistance two weeks ago and
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The world’s most popular decentralized exchange, Uniswap, is seeing layer two volumes surge as Ethereum transaction fees surge once again.On Oct. 19, Uniswap founder Hayden Adams tweeted that daily volume across v3 deployments of the decentralized exchange on layer-two networks has pushed into record levels. Adams estimated that Uniswap v3
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