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VORTECS™ Report: This quant-style indicator alerted traders to 3 out of 4 triple-digit rallies this week
6.9.2021
Every week, subscribers of Cointelegraph's data analytics platform receive a detailed breakdown of each algorithmic tool's performance
ETH Decouples from BTC with Use Cases & Competition in Focus
6.9.2021
e, with less price correlation between cryptoassets being a likely result. However, ETH is also facing increasing competition.Writing in a market intelligence report just this weekend, Philip Gradwell, Chief Economist at on-chain analytics firm Chainalysis, noted that ETH is an asset that “is
NFL vs. NFT, Crypto Investment Flows + More News
6.9.2021
-eyes-digital-market/b7nvKUIXbDSf">reported. Teams also cannot sell non-fungible tokens (NFTs) as the league develops a strategy for sports digital trading cards and art.Crypto exchange FTX has launched a mint
Bitcoin Quickly Jumps Above the $52K Zone Only to Get Pushed Back, Crypto Economy Climbs 3.5%
6.9.2021
Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it has gained 3.5% during the last 24 hours. Meanwhile, bitcoin charts show a pending golden crossover...
Crypto Market Sentiment Almost Unchanged in a Week
6.9.2021
r noreferrer" href="https://cryptonews.com/news/crypto-market-sentiment-fails-to-stay-in-positive-zone-usdc-11612.htm">5.94 last Monday to 5.89 today. While most top coins did not go through a significant change in sentiment, two outliers were
Bitcoin Consolidates, Ethereum Flat, XRP and LINK Rally
6.9.2021
nce zone. XRP rallied and it was able to even spike closer to the USD 1.40 level. ADA could rally if there is a clear break above USD 3.00.Total market capitalizationSource: https://www.tra
Analyst Predicts Crypto Bull Market: $100K Bitcoin, $5K Ethereum Is Path of Least Resistance
6.9.2021
Bloomberg Intelligence senior commodity strategist Mike McGlone has affirmed his bitcoin price prediction of $100K, seeing $5K for ethereum as the path of least resistance. He expects the crypto market to thrive in a “refreshed bull market.” Cryptocurrencies Poised to Thrive, Bull...
Can Bitcoin Break Historical September Price Trends? Spike Above $51K Suggests 2021’s 9th Month Is Different
6.9.2021
The price of bitcoin has risen above the $51K zone on Sunday and traders and speculators are curious as to where the price is headed next. Historically, in September, bitcoin prices don’t fare so well and usually get better in October. For this reason, skeptics are not sure...
New NFT Collections Loot for Adventurers, MAYC, Inertial Moment Make Serious Headway in Sales
5.9.2021
During the last few weeks, non-fungible token (NFT) collections like Cryptopunks, Axie Infinity, Art Blocks, Bored Ape Yacht Club (BAYC), and Meebits have been seeing massive volumes. However, a number of new NFT collections are making headway in sales and the Ethereum-based roleplaying game called...
Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps Swell
5.9.2021
While bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the dip to 39.97% on May 16, 2021. Depending on the crypto market price aggregator leveraged, bitcoin’s dominance has been between...
Traders know not to ‘go long’ when this classic trading pattern shows up
5.9.2021
Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades
Newly Launched Wallstreetbets Defi App Aims to ‘Take Over Traditional Financial Markets’
4.9.2021
At the beginning of 2021, a trend ignited by the creators of the Reddit forum r/wallstreetbets caused the whole world to focus on retail traders in the stock market purchasing so-called dead stocks like AMC, GME, and others. The hype behind the Wallstreetbets group has fizzled in the last...
JPMorgan Says Cryptocurrency Markets Are ‘Looking Frothy’
4.9.2021
Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on...
Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi
4.9.2021
Timing the market is near impossible, but these five metrics can help traders identify when a sector rotation is underway
From $250 Billion to $2.35 Trillion: A Look at the Top Ten Crypto Market Cap Shifts Over 2 Years
3.9.2021
While the crypto economy is worth more than $2.35 trillion, there’s a variety of new cryptocurrencies that have claimed top ten positions, in terms of market capitalization, in recent times. Two years ago, the top ten crypto assets by market cap looked a lot different than today, and things...
Solana Taps Another All-Time High Eclipsing Dogecoin’s Market Cap, SOL Jumped Over 300% Last Month
3.9.2021
Crypto assets have seen significant gains over the last month and one such digital currency, solana (SOL) has propelled itself into the top ten rankings and recently flipped the crypto asset dogecoin’s market cap position. As of Friday, solana currently holds the seventh-largest market...
Global Chip Shortage Will Continue For Another Year
3.9.2021
Earlier this year, Kotaku reported that the global chip shortage, which impacts everything from graphics cards to PS5, was becoming a “crisis.” Now, Toshiba is warning that the shortage will continue for another year. Read more
17% of Australians now own crypto, totaling $8B between them: Survey
3.9.2021
Bitcoin remains the most popular cryptocurrency in Australia, with 9% of Aussies currently hodling it
Traders identify $51K as the key level for Bitcoin to overcome in the short term
3.9.2021
Bitcoin’s spike to $50,000 renewed calls for a new all-time high, but analysts caution that a daily close above $51,000 is needed to solidify the current uptrend
SWU, the Platform That Wants to Reinvent the Energy Market
3.9.2021
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
The strong growth in energy consumption is forcing governments and players in this sector to rethink existing models, through the integration of renewable energies into production systems....