Follow us on Google News Key Takeaways: Today, Bitcoin crashes again by 6.7% and is trading at $36,395. The downward trend continues for other tokens as well. The market is suffering a loss of over $1 trillion. Since yesterday, Bitcoin…
Key Takeaways: Earlier today, Bitcoin plunged by approximately 8% hitting a low of $38,220, one of the lowest in 3 months. Other tokens such as Ethereum, Dogecoin, Solana, and others also show a downward trend. The crypto market has been…
Derivatives/ On-Chain Analytics Update From a price structure standpoint, Bitcoin bounced off the macro support level we talked about last week of $40K. Open interest is still high and in the area of which we have seen major squeezes/flushes take place. …
Bitcoin is not the only cryptocurrency in town. There are many other altcoins you can invest in, but which ones are worth your time and money? The altcoins market is a volatile one. It can be hard to tell which…
The price of bitcoin has fallen again to near its lowest level in two weeks, extending a significant sell-off that has dragged its total value below $200 billion for the first time in five months. Currently, bitcoin is trading at…
2021 has been a great year for cryptocurrencies, bitcoin, NFTs or non-fungible tokens, Metaverse and what not. The year started with a bull Run with bitcoin’s price around $40K in the January 2021. Then as the summer got closer, Bitcoin…
The overweighing factor for the crypto market and all risk-on assets is the fear of monetary tightening and the effect that it will have on markets. This is the trade-off of Bitcoin becoming an institutionalized asset – we will see it…
Interest in DeFi keeps Rising The total value locked in Defi products(blue) has been steadily increased since the beginning of March 2020. This makes sense intuitively since the ETH price(black) has increased throughout this period. Likewise, TVL has mirrored the price…
Bitcoin opened up with $29,000 and closed around $48,000. This is an annual increase of 65.5%. It has reached two significant peaks. The first was reached at 64 895 on April 14. The second was reached at 69 000 on…
Dear Readers, hope all is well and you had a great week. I have decided to look at two indicators that I believe are important in regard to ETH. Ethereum: Net Unrealized PnL [NUPL] NUPL is an indicator that divided…
