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Bitcoin (BTC) chipped away at its latest gains on Dec. 31 as the final trading session of 2021 opened on Wall St.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin posts 60% year-to-date gainsData from Cryptox Markets Pro and TradingView tracked BTC/USD as it meandered around the $48,000 mark, having reached multi-day highs
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For Ethereum, sentiment has remained positive. Funds focused on the blockchain’s native cryptocurrency, ether, saw inflows of $31 million last week. “Ethereum’s market share has suffered in recent months due to bitcoin’s dominance, but the recent combination of positive price performance and inflow has seen their AUM rise,” the report
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Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea have surged by over 12,000% in 2021.DappRadar data shows that the total incoming value to OpenSea’s smart contracts increased to $56.07 million on Wednesday compared to $73,556 on Jan. 1. Meanwhile, the marketplace’s user count increased from 315 to 14,520 in
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Dogecoin (DOGE), the meme-based altcoin which has become a favorite talking point of Elon Musk, has doubled in 24 hours to hit all-time highs of $0.29.DOGE/USD 1-hour candle chart (Bittrex). Source: TradingviewDOGE leaves others in the dustCryptox Markets Pro and TradingView showed DOGE/USD outperforming other major cryptocurrencies by an order of magnitude on
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Bitcoin fell Thursday as a plethora of negative fundamentals catalyzed selling sentiments across the entire cryptocurrency market. #1 Overbought The
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Bitcoin is making gains during the U.S. presidential election uncertainty while Ethereum’s gas data is highlighting a DeFi decline.Bitcoin (BTC) trading around $14,061 as of 21:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours.Bitcoin’s 24-hour range: $13,545-$14,232BTC above its 10-day and 50-day moving averages, a bullish signal
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Regulatory scrutiny is likely garnering more attention for monero amid an upward-trending broader market. Source
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Aave, an Ethereum-based peer-to-peer lending platform, has emerged as one of the top investments in 2020. On Friday, the project’s native token, LEND, was trading 1,500 percent higher on a year-to-date (YTD) timeframe. Its parabolic rally appeared following a long string of positive fundamentals, including a $3 million inbound investment. Aave has reached
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Data has shown that Grayscale’s Ethereum Trust is currently trading at a huge premium against ETH’s net asset value, indicating that there’s a fair amount of FOMO following it.While it’s still hard to determine whether the huge increase was caused by institutional or individual investments, traders should be careful when
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Bitcoin (BTC) hitting almost $9,500 on April 30 was a boon for cryptocurrency investors — but gold bugs were left holding the buck.As BTC/USD climbed to eight-week highs on Wednesday, the pair’s already handsome year-to-date returns began outshining its last major competitor — gold.Schiff blames speculators as BTC launchesAs Cointelegraph
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