Cryptocurrency Analysis and News Portal
Prior to 2021, bitcoin’s three-month implied volatility (IV) – investors’ expectation of how turbulent prices will be over the ensuing three months – spiked during both bull and bear runs, according to data from crypto data firm Skew. But this year, a similar spike only occurred when the market crashed
Read More
MarketsStill, blockchain data show bitcoin holder positioning is consistent with the early stage of a bull market, one firm says.By Damanick Dantes, Helene BraunOct 26, 2021 at 8:34 p.m. UTCUpdated Oct 26, 2021 at 8:34 p.m. UTCBitcoin 24-hour price chart (CoinDesk) Original Source
Read More
According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. Solana’s Network Stalls In recent times, solana (SOL) joined the top ten crypto assets by market
Read More
Bitcoin (BTC) quickly settled back into the past couple weeks’ range between roughly $30,000 and $36,000, after a short-lived price spike Friday when Elon Musk, the electric-vehicle and private-spaceflight entrepreneur who’s also reportedly the world’s richest person, added “#bitcoin” to his Twitter profile.“The longer we stay at the current level,
Read More
Ethereum has seen a monumental rally throughout the past couple of days, with bulls taking full control over its price action This has come as BTC remains relatively stable in the upper-$30,000 region, with its stability giving altcoins the chance to rally ETH has yet to set fresh all-time highs despite its
Read More
Chainlink (LINK) started a strong increase after it broke the $4.900 resistance area against the US Dollar. It traded to a new monthly high at $6.588 and it is currently correcting gains.Chainlink token price rallied significantly above the $4.900 and $5.000 resistance levels against the US dollar.The price traded to
Read More
Within the last few hours Bitcoin (BTC) price pushed above $9,300 after struggling to hold the $9,300-$9,400 level for the past three days. The move was accompanied by a notable surge in purchasing volume which is exactly what is needed given that on July 6 and 7 the Bitcoin price formed
Read More
Another week, another round of Crypto Tidbits.It’s been another boring week for the Bitcoin market. For all of the past seven days, the leading cryptocurrency has traded within 3% of $9,100, trading both above and below that level.Volatility indicators have continued to drop as a result of the consolidation, reaching crucial
Read More
While Bitcoin has seen its fair share of short-term volatility, on a macro scale the cryptocurrency is still consolidating.The below chart from Blockroots founder Josh Rager, a crypto trader, displays this well. The chart shows that over the past ~seven weeks, BTC has been effectively trapped between $8,500 and $10,000.
Read More
Bitcoin has found itself stuck in the $9,000s for weeks on end. Save for a few flashes of volatility, the cryptocurrency has traded within 10% of $9,000 for nearly two months now.Historical odds say that BTC has an extremely high chance of breaking out of this consolidation, but market data
Read More