Cryptocurrency Analysis and News Portal
Bitcoin’s dizzying bull run is showing no signs of slowing down despite an uptick in U.S. government bond yields.The cryptocurrency market leader set a new lifetime high of $51,348 early Wednesday, having penetrated the psychological level of $50,000 on Tuesday for the first time, according to CoinDesk 20 data. Prices
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Interoperability between blockchains is rapidly becoming one of the buzz phrases being thrown around when discussing decentralized finance and the coins most likely to rally during an altcoin bull run. The rapid growth of DeFi, its ever expanding total value locked and soaring ETH gas fees further highlight the sector’s need
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The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has been soaring since the beginning of the new year. What's more, it has outperformed Bitcoin (BTC) since Jan. 1, gaining roughly 81% compared to Bitcoin's 26% in their respective USD pairs year-to-date.Bitcoin, Ether YTD performance. Source:
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It supersedes the $200,000 option on Deribit as the maximum one can wager. Source
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Michael Sonnenshein said institutions are also making larger allocations to its crypto products. Source
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Ethereum remained in a positive zone above $580 against the US Dollar, similar to bitcoin. ETH price is
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MassMutual’s $100 million Bitcoin (BTC) purchase shows that the demand for cryptocurrency will be growing further, according to strategists at major investment bank JPMorgan.In an investor note on Dec. 11, JPMorgan strategists including Nikolaos Panigirtzoglou reportedly suggested that Bitcoin adoption is now expanding from family offices and wealthy investors to
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Gold could lose its shine in the long run due to institutional investors’ increased preference for bitcoin, according to the investment banking giant JPMorgan.“The adoption of bitcoin by institutional investors has only begun, while for gold, its adoption by institutional investors is very advanced,” JPMorgan bank’s quantitative strategists and managing
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Over the summer months, Ethereum transaction fees ran hot, causing the DeFi trend and Uniswap token swapping boom
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Bitcoin is trading at fresh 35-month highs above $19,000, having defended the psychological support of $18,000 during the Asian trading hours. The crypto market leader is now just 4% short of testing the record high of $19,783.Hence, most alternative cryptocurrencies, which are still down significantly from their respective lifetime highs,
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