Search
Crypto Consolidation Continues — Bitcoin’s Attempt to Rise Above Psychological Levels Falls Short
4.6.2021
Digital currency markets have slid in value over the last 12 hours as the entire crypto-economy has lost over 7% during the last 24 hours. Bitcoin attempted to cross the $40k handle but was stopped at $39,490. Since then, bitcoin has dipped 7.3% during the early morning (EST) trading sessions...
Bitcoin Dips as Elon Musk Tweets Broken Heart Emoji
4.6.2021
The price of the leading cryptocurrency took a hit after billionaire Elon Musk mentioned Bitcoin in a new tweet hinting at a breakup. Musk’s latest crypto post, featuring a broken heart emoji and a reference to a Linkin Park song, effectively halted this week’s market rebound. Musk...
Study Shows NFT Sales Plummeted 90% Over the Last 30 Days, NFT Wallets Dip 70%
4.6.2021
According to a recent study, non-fungible token (NFT) sales have dive-bombed 90% since the market’s record sales on May 3. Market data shows over 130,000 NFT sales that day and 30 days later sales are down to a touch over 84,000, dropping more than 35% last month. Protos.com Study Claims...
Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout
3.6.2021
Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s...
NFT sales down 90% since market peak
3.6.2021
The sharp decline in NFT sales and wallet activity has some people proclaiming the death of the non-fungible token space
Bitcoin nears $40K amid warning BTC price will correct before bull market resumes
3.6.2021
Another price dip is required before continuation, one trader says, giving a short-term target of $36,000 for BTC/USD
Asset Manager Sees Bitcoin Price Bottoming out — Says Market Is Mispricing BTC
3.6.2021
Fund manager Brian Kelly says that the market is mispricing bitcoin and “when bitcoin gets that mispriced it is the sign of the bottom.” He sees a string of “all positive things” that are reflected in the pricing of the cryptocurrency. Asset Manager Brian Kelly Says Market...
The NFT Market Has Collapsed, Oh No
3.6.2021
Does anyone remember March 2021, when some techbros and artists were convinced that NFTs (Non-Fungible Tokens) were going to change the world? Well hi, it’s now June 2021 and the ass has fallen out of that market. I know, I am surprised as you are.Read more
Analyst says Bitcoin could see ‘a smaller drawdown and a quicker bottom'
3.6.2021
Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.”
Market makers in ‘fear mode’ ahead of Friday’s $575M Bitcoin options expiry
2.6.2021
Bear's misplaced belief that Bitcoin price would drop to $32,000 allowed Friday's BTC options expiry to become unexpectedly balanced
Altcoins and DeFi tokens breakout as Bitcoin price nears a key resistance
2.6.2021
DOGE, KNC and KAVA are just a few of the altcoins that posted double-digit gains as Bitcoin and Ethereum price rallied to key overhead resistance levels
$1.4M in Bitcoin Remains Idle — The Curious Case of the 37-Day-Old 2009 Block Reward Spent a Year Ago
2.6.2021
Approximately 378 days ago, before the bitcoin bull market started to heat up, a unique block was spent stemming from a coinbase reward created 37 days after the Bitcoin network launched. It seems roughly ten coins from the block reward were sold to an exchange, but 40 bitcoin worth $1.4 million...
Polkadot ETP hits Swedish stock market
1.6.2021
The mainstream market now has a new way of buying and selling the crypto asset Polkadot — via an exchange-traded product
Bitcoin Stock-to-Flow Model Still Intact — ‘Starting to look like 2013’ S2F Creator Says
1.6.2021
The creator of the popular bitcoin price model called stock-to-flow (S2F or S2FX) has added a new dot to his notorious chart. Plan B said on Tuesday that “we knew bitcoin would not go up in a straight line” and added that the market action is “starting to look like 2013.”...
Tiger Brokers and Futu to Offer Crypto Trading Services Outside China
1.6.2021
Two Chinese online brokerages have set out to enter the global crypto trading market. The platforms, Tiger Brokers and Futu, are planning to offer their services only outside the People’s Republic as Beijing is once again cracking down on bitcoin trading in the country. Major Chinese Online...
Binance NFT Marketplace looks to capture market share via ‘100 Creators Campaign’
1.6.2021
In an effort to attract users, Binance is casting a wide net to bring in artists, celebrities, and athletes
Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders
1.6.2021
On-chain data shows short-term Bitcoin holders continue to capitulate while long-term investors have been buying the dip in anticipation of the market moving higher
Polygon, Enjin, Decred, Uniswap, and Horizen Led the Market Last Week
31.5.2021
Despite the recent selloff, some cryptoassets did much better than others last week, as the market started showing some early signs of a potential recovery. The top five coins leading the market out of the slump were decentralized finance (DeFi) darlings polygon (MATIC), enjin coin (ENJ), decred...
Crypto Market Sentiment Keeps Dropping; Bitcoin Wins Week, Ethereum Reigns
31.5.2021
Perhaps unsurprisingly, given the recent red that colored the markets, crypto market sentiment dropped yet again - but now, it's close to dropping below the score of 5, where we haven't seen it in quite a while. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins...
South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
31.5.2021
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. Financial Supervisory...