Cryptocurrency Analysis and News Portal
The downfall of FTX has also left its mark on the Ethereum (ETH) price. Over the last 30 days, Ether has recorded a drop of around 20%. At press time, the price was at $1,171, just above the crucial support level of $1,100. In the short term, the ETH price has found
Read More
With a price increase of 8% over the last seven days, Chainlink (LINK) is currently one of the best performers on the crypto market, behind Litecoin (LTC) and BNB. Remarkably, the trading volume of LINK has dropped 20% in the last 24 hours to just $389 million. Chainlink was trading at
Read More
"Polygon's MATIC could be a core long position," one strategists said. Source
Read More
"Spot prices DO INDEED look constructively bullish… but that said, Q4-22 doesn’t resemble the Q4-20 environment, where buying call exposure was the right move to make," Gregoire Magadini, CEO of options analytics platform Genesis Volatility, said in a weekly newsletter. "[build] Tactial long but don't ape into unhedged calls." Source
Read More
A countdown clock on its website ends today, indicating the service is optimistic regulators' will let it offer contracts for the Nov. 8 election. Original Source
Read More
Despite the ongoing cryptocurrency bear market, investors have been increasingly looking at Bitcoin (BTC) as a safe haven, a new study suggests.The rise in the correlation between Bitcoin and gold (XAU) is one of the major indicators demonstrating investors’ confidence in BTC amid the ongoing economic downturn, according to digital
Read More
Analytics platform CryptoQuant believes this week's Consumer Price Index will move markets; bitcoin continues its recent holding pattern on Tuesday. Source
Read More
Despite the ongoing, macroeconomic turbulence, Jeff Dorman, chief investment officer at crypto fund manager Arca, took issue with "the convenient narrative" that ties "digital assets' fates to macro." In his Two Satoshis newsletter, Dorman wrote that the correlation was "short-lived" and applied only to bitcoin and "a few other bellwether
Read More
An analyst has suggested that two on-chain signals may be used to predict Bitcoin falls as they seem to have historically preceded
Read More
Securities and Exchange Commission (SEC) Chair Gary Gensler on Thursday said that staked cryptocurrencies may be subject to federal securities regulations, repeating a pro-oversight stance in the wake of Ethereum’s transition to just such a method. Original Source
Read More