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Crypto Economy Loses 3% Overnight, Bitcoin Slides Below $46K, Analyst Says ‘Downward Force Still Strong’

20.12.2021
The crypto economy has slid in value 2.9% during the last 24 hours and bitcoin slipped under the $46K price zone on Monday. Furthermore, the top ten digital currencies have lost anywhere between 3% to 7% in value during the last day following bitcoin’s price slide. Top Ten Crypto Coins...

Crypto Market Sentiment Drops Again, Bitcoin Out of Positive Zone

13.12.2021
After hovering above the border between the scores of 4 and 5 for about a month, the market sentiment dropped below 5 over the past week. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stands today at 4.96, while a week ago it stood at 5.18...

Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race

12.12.2021
While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December 8, 2021, tapping 194.95 exahash per second. Bitcoin miners have increased their processing power a great deal despite the fact that mining bitcoin is 8.33%...

Bitcoin and Ethereum Struggle Near Resistance Zone, XRP Rallies

9.12.2021
Bitcoin price attempted an upside break above the USD 50,000 resistance but failed. BTC is currently (11:57 UTC) trading near USD 49,200. If the bulls lose control, there is a risk of a sharp decline towards the USD 47,500 support.... Read More: Bitcoin and Ethereum Struggle Near Resistance...

Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns

5.12.2021
Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone. Eight days ago the network hashrate was coasting along at 168 exahash per second (EH/s), and this past week it increased 7.73% to today’s 181 EH/s....

Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days

4.12.2021
A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At the time of writing, the crypto economy is down more than 16% and the price of bitcoin slid below the $50K zone to a low of $43,972 per unit. Since then, bitcoin...

Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High

1.12.2021
The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum’s market dominance, or $557...

Plan B Says Bitcoin Price Still ‘on Track Towards $100K’ Despite Missing November’s Price Prediction

29.11.2021
This month, the price of bitcoin sank below the $60K zone this month after reaching an all-time high (ATH) at $69K per unit. The pseudonymous bitcoin analyst and the creator of the bitcoin price model called stock-to-flow (S2F), Plan B, called the last three months of bitcoin prices correctly...

Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July

27.11.2021
Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price. Three days ago, Bitcoin’s hashrate neared the 180 exahash (EH/s) zone only to plummet to 128 EH/s two days later. The recent shifts have taken place before the upcoming...

While Speculators Believe Bitcoin’s Third-Largest Wallet Is a Mystery Whale, Onchain Data Suggests It’s an Exchange

20.11.2021
The price of bitcoin has dipped below the $60K zone, a number of people have been talking about the third-largest bitcoin address called “1P5ZED” which has accumulated thousands of bitcoin during the last few days. Nobody knows who the owner of the wallet is but it holds more than...

Axie Infinity (AXS) Flirting With Buying Zone Around $126

19.11.2021
Axie Infinity is a video game that runs on blockchain technology. Like many other gaming platforms, it is also an attractive game to train your troops for battle. Axies is one kind of tokenized fantasy creature in the game which you can breed, raise and trade for profit. Vietnam-based startup...

Crypto Market Sentiment Steps into Positive Zone, Led by Tether

8.11.2021
Crypto market sentiment has continued its upwards trajectory, re-entering the positive zone for the first time since late August. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is now 6.04, up from 5.91 seen a week ago, according to the market...

Swarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits This Week

25.10.2021
After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets...

Cardano Stuck in a Negative Zone; ADA Could Breach Its $2 Support

19.10.2021
Despite losing over 30% of its value from its all-time high of $3.05, Cardano is still holding on to its fourth position amongst the leading cryptocurrencies. This could plainly indicate a decreasing buying sentiment across all cryptocurrencies, except BTC, ETH, and BNB. At present, the market...

Bitcoin Is Now World’s 8th Most Valuable Asset — BTC Now Targets Silver’s $1.31T Market Cap

15.10.2021
The price of bitcoin had crossed the $60K zone at 1:30 a.m. (EST) early Friday morning. The leading crypto asset’s latest price jump has made it so bitcoin’s overall market valuation of $1.119 trillion has surpassed Facebook’s market capitalization. The digital asset is also...

For the 1st Time, All ERC20 Tokens Can Be Lent and Borrowed With UniLend’s Upcoming Version 2

13.10.2021
PRESS RELEASE. UniLend Finance published their protocol update blog introducing UniLend v2. The Binance Innovation Zone project has earlier this year enabled Lending for every token along with Flash Loans. The team published an initial blog explaining various innovative features in their upcoming...