Cryptocurrency Analysis and News Portal
Jefferies analyst Jonathan Petersen answered the question in his Oct. 18 research report. “It’s a fair question, but upon exploration of the topic, we have observed that mining generally results in higher returns on multi-year periods of time,” Petersen wrote. His analysis showed that if someone bought a more recent
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The trading volume of ETH put options expiring on Oct. 8 has soared, according to data from Deribit, a crypto futures and options exchange. A large number of put options is seen around the $2,700 price level, which, if breached, can trigger long liquidations. A put option is a contract
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Bitcoin (BTC) might have outperformed traditional financial markets regarding investment returns, but the cryptocurrency still fell behind Bitcoin-related companies.The price of BTC climbed by about 290% year-over-year, wherein it surged from $10,695 to a little over $42,000. In comparison, shares of Marathon Digital Holdings (MARA), one of the largest North
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Bitcoin continues to take cues from equity markets amid macro uncertainty, seeming to contradict the popular narrative of the cryptocurrency being a safe haven like gold.The cryptocurrency has bounced to $43,000 from the 1-1/2-month low of $40,200 reached early today, with futures tied to the S&P 500 signaling a risk
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The cryptocurrency market faced a fresh round of selling on Sept. 20 as global financial markets fell under pressure thanks to fears surrounding the potential default of Evergrande Group, a China-based real estate company whose collapse could send ripples across equities markets. Data from Cryptox Markets Pro and TradingView shows that the early
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Announced at Messari’s Mainnet event in New York City, the Polymesh network was designed to iron out the wrinkles encountered when shares in private companies are tokenized on Ethereum, for example. The Polymesh mainnet launch follows about a year of testing, including the last five months on an incentivized testnet
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Bitcoin’s (BTC) fell below critical $44,000 support on Monday as concerns over China spilled over into crypto markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC’s price sinks through supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD shedding 2% in an hour to hit local lows of around $43,400.The pair had
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The S&P 500 slid to the intraday highs of Sept. 2 while Bitcoin (BTC) climbed to its highest levels in more than three months. The moves came as a key report on Sept. 3 showed that the United States economy added fewer jobs than anticipated, lowering the Federal Reserve's likelihood
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The combined market cap of publicly-listed crypto firms has roughly quadrupled this year while the number of public digital asset firms has increased by 28% over the same period.A new report from CoinShares estimates that public “cryptocurrency pure play companies” were worth roughly $25 billion at the start of the
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Stocks of major vaccine makers rose on Monday amid renewed outbreak of COVID-19. Moderna CEO adds that vaccine makers have a huge opportunity for growth.Moderna Inc (NASDAQ: MRNA), BioNTech SE (NASDAQ: BNTX), and Novavax Inc (NASDAQ: NVAX) all saw their stock prices rise remarkably in the face of renewed mounting
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