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Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold
21.3.2022
Bitcoin (BTC) traded roughly flat on Monday, although the Fed's plan for aggressive rate hikes caused a slight pullback intraday. Volatility sold off in BTC and ETH, but could pick up into next month
2 metrics signal traders do not expect $2T crypto market cap anytime soon
21.3.2022
Despite only one coin among the top-80 declining over the past week, Tether and futures premiums show a lack of excitement in the market
Biggest Movers: DASH, CVX and ALGO Lead Monday’s Gainers, APE Falls Further
21.3.2022
CVX was the biggest crypto gainer to start the week, as both DASH and ALGO also climbed higher. Despite ALGO rising to its highest level in over three weeks, gains in DASH and CVX were more noticeable. This came as APE once again traded in the red. Convex Finance (CVX) Convex finance (CVX)...
Crypto Market Sentiment Improves Over Week, Bitcoin and Ethereum in Positive Zone Today
21.3.2022
Sentiment in the crypto market rose slightly this week, after nearly all major cryptoassets recorded higher prices over the past 7 days.
According to data from the market sentiment analysis service Omenics, the average 7-day sentscore for the 10 largest coins tracked rose to 5.08, up from...
Bitcoin, Ethereum Technical Analysis: ETH Stays Above $2,900 as Traders Eye $3,000 Ceiling
21.3.2022
Ethereum remained above $2,900 to start the week, as the world’s second largest cryptocurrency consolidated its recent gains. Bitcoin was also consolidating, as it continued to trade above $41,000 during Monday’s session. Bitcoin Despite a selloff to end last week, prices of...
Terra price signal that preceded an 80% LUNA rally is back
21.3.2022
LUNA price still risks correcting, however, with a weakening RSI and decreasing trading volume
Ethereum Classic Jumps 54% In a Week, But History Shows That the Rally May Not Last
21.3.2022
The price of Ethereum classic (ETC), the project that split from Ethereum (ETH) after a hack in 2015, jumped over the weekend, supported by strong technicals in the chart and speculation that some Ethereum miners could embrace it.
As of 12:10 UTC on Monday, ETC traded at USD 39.03. The coin...
Bitcoin and Ethereum Try to Recover, AVAX Outperforms
21.3.2022
Bitcoin price corrected lower from the USD 42,250 zone but BTC remained well bid above the USD 40,500 level and started a fresh increase. It is currently (11:56 UTC) showing positive signs near USD 41,300 and might continue moving higher. BTC is still down 1% in a day....
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BitMEX Finally Welcomes Ethereum as Spot Platform Nears; Launching APE Perpetual Futures Market
21.3.2022
Major crypto derivatives exchange BitMEX is finally embracing ethereum (ETH), telling its customers that they can now make deposits, withdrawals, and trades using the coin, and that more coins will be added “over the coming weeks.”
Up until today, BitMEX has only dealt with bitcoin (BTC)...
Bitcoin and Ethereum Correct Gains, APE Crashes 40%
21.3.2022
Bitcoin price attempted an upside break above the USD 42,250 resistance zone but failed. BTC started a downside correction and is currently (04:18 UTC) trading near USD 40,800.
Similarly, most major altcoins are also moving lower. ETH failed to surpass USD 3,000 and declined below USD 2,900....
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
20.3.2022
On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good,...
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
20.3.2022
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today...
The Ukraine War: How Russia’s Aggression Affected Bitcoin & Crypto and What Might Happen Next
20.3.2022
More than three weeks in and the Ukraine-Russia war is still raging, despite negotiations over a possible peace settlement. While the human costs of the war are something that can never be repaid, the war has also had a noticeable impact on the global economy and financial markets, including...
ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years
19.3.2022
While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges...
Biggest Movers: AVAX Almost 20% Higher, as RUNE and ZEC Near 15% Gains on Saturday
19.3.2022
Crypto markets were mainly in the green on Saturday, with AVAX, RUNE and ZEC being some of the notable gainers. Apecoin traded lower during its third session, falling by as much as 13%, following back-to-back gains. Avalanche (AVAX) LUNA, WAVES, and FTM were all trading over 10% on Saturday...
Bitcoin, Ethereum Technical Analysis: ETH Nears $3,000 to Start the Weekend
19.3.2022
Ethereum rallied on Saturday, as the world’s second-largest cryptocurrency moved closer to the $3,000 level. The global crypto market cap was over 4% higher as of writing, with bitcoin climbing by nearly 3.5%. Bitcoin Bitcoin (BTC) climbed above $42,000 for the first time in ten days...
3 times in March that savvy crypto traders bought breaking news for the price of a rumor
19.3.2022
In the crypto market, getting the scoop early often means booking front seats for a massive rally
New Report From Dacxi Finds Lack of Crypto Education Stops Over 57% of People From Investing
18.3.2022
PRESS RELEASE. Dacxi, the world’s leading Crypto Wealth Platform, released a comprehensive report titled ‘The State of Crypto Education 2022’. Based on the results of an extensive survey, the report points to the severe lack of appropriate crypto education for everyday people...
Altcoin Roundup: Three layer-1 protocols see inflows amid choppy, volatile market conditions
18.3.2022
Ethereum competitors make inroads into DeFi as the total value locked and on-chain protocols continue to rise for these layer-1s
Market Wrap: Ether Outperforms, Bitcoin Rises Above $42K
18.3.2022
Ether (ETH) was the standout on Friday, rising as much as 5% versus a 2% gain in BTC. Altcoins have taken the lead, suggesting greater appetite for risk among investors. Still, risks remain, which could keep volatility elevated