Cryptocurrency Analysis and News Portal
A sharp sell-off across the cryptocurrency market Tuesday—that saw top tokens like Bitcoin (BTC), Ether (ETH), Cardano (ADA), and Solana (SOL) fall by double-digital percentages—created a venue for stablecoins to prove their worth.The fixed-price cryptocurrencies offered interim protection to traders from the notorious crypto price volatility. They did so by
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Many users on social media have started an online campaign for Pakistan Prime Minister Imran Khan to bring back pro-crypto adviser Zia Ullah Bangash.On Saturday, Bangash, the science, technology, and information technology adviser to Mahmood Khan, the chief minister of the Khyber Pakhtunkhwa province, announced he would resign his position. Bangash
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Quick take:Bitcoin replacing gold is occurring at a fast rate as investors divert funds ‘to where it is treated best’Gold still maintains its place in jewelry and coin collections, but Bitcoin is replacing it as a store of valueBTC’s volatility and ETF flows indicate that Bitcoin is in the early
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Bitcoin is in consolidation mode after one of its largest quarterly gains on record. All signs suggest that there’s still more upside left in this bull run, but according to a fractal found during the last major market cycle, a sudden sweep of lows is possible before bulls regain control. Here’s
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The trader had operated a registered digital currency exchange, but said he was unable to continue operating without banking services. Source
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Earlier this week, analysts with the cryptocurrency analysis firm Arcane Research were musing that new developments appeared to have slowed in the fast-growing blockchain arena of decentralized finance, known as DeFi. But they predicted that any lull was likely to be temporary. “A new boost for DeFi tokens could be right around
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While the rest of the crypto market has been soaring, Bitcoin and Ethereum have been trending sideways. The tightening price action has led to boredom and record low volatility. But a buy signal on each of these two most dominant crypto assets could lead to a sudden change in trend, and
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Bitcoin plunged back towards $9,000 despite showing signs of upside correction in the early Friday session.The latest price correction coincided with the Federal Reserve’s balance sheet contraction that strengthened the US dollar.S&P 500 remained closed on Friday for the Independence Day holiday.The past 24 hours saw Bitcoin breaking its short-term
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JPMorgan thinks the U.S. stock market will see a different dynamic in the next six months.Strategists predict individual stocks will see less correlation, as fear of missing out (FOMO)-driven sentiment subsides.Struggling sectors with weaker fundamentals and financials like the airline industry are expected to see a steeper downtrend.JPMorgan thinks the
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Bitcoin started off the week on the wrong foot. Its price recently dropped below $9,000 for the first time since late May. The sudden bearish impulse sent investors into “fear,” according to the Crypto Fear and Greed Index.Despite the state of commotion in the market, the flagship cryptocurrency sits above
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