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Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says Analyst
25.9.2020
Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin (BTC) has see-sawed between $10,000 and $12,400 over the last few weeks, often tumbling sharply following what...
Stablecoins Hit $20B Milestone, a Nearly 300% Year-to-Date Surge
25.9.2020
The total value of stablecoins has now surpassed $20 billion, reflecting the growing demand of investors looking to hedge their risks in both crypto and traditional markets amid the coronavirus pandemic
3 reasons why traders turned bullish after Bitcoin price surged to $10.7K
25.9.2020
Analysts are cautiously bullish on Bitcoin price after BTC surged 6% to $10,750
Market Wrap: Bitcoin Hits $10.7K; Options Market Likes Sub-$360 Ether
24.9.2020
Bitcoin’s price popped Thursday while options traders take bearish ether October bets
Record WBTC Mint Completed by Three Arrows Capital as Demand for Bitcoin on Ethereum Continues to Grow
24.9.2020
The Singapore-based firm minted 2,316 WBTC Thursday afternoon
Bitcoin News Roundup for Sept. 24, 2020
24.9.2020
With bitcoin markets looking weak alongside a strengthening dollar, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Bitcoin Options Open Interest Hits Record High in Expiry Week
24.9.2020
Bitcoin's options market is more popular than ever with record open interest of more than $2.10 billion
Bitcoin may see relief rally to $11K after Dollar Strength Index soars
24.9.2020
Bitcoin price still has a CME futures gap unfilled at $9,600 but that doesn’t mean $11K won’t be reclaimed soon
Chainlink Token Down 60% in Under 40 Days: Opponents Ask If the Bubble Has Finally Burst?
24.9.2020
After reaching an all-time high of $19.20 on August 14, the Chainlink token now trades lower after losing more than 50% in value in just over a month. The token, which briefly overtook Bitcoin Cash as the fifth-ranked crypto in market capitalisation terms, was ranked 9th on Markets.Bitcoin.com...
Uniswap Users Have Claimed $560M-Worth of UNI Tokens in a Week
24.9.2020
Dune Analytics data shows nearly 80% of the current UNI token supply has so far been snapped up by eligible Uniswap wallet addresses
First Mover: Federal Reserve, Congress Play Game of Chicken Over Stimulus as Market Lurches
24.9.2020
Markets from stocks to bitcoin have groaned amid dimming prospects for more U.S. stimulus, and neither Congress nor the Fed are taking the lead
Whale clusters pinpoint 4 critical short-term Bitcoin price levels
24.9.2020
The Bitcoin (BTC) price faces numerous heavy resistance levels in the near term, whale clusters from Whalemap show
Strengthening US Dollar Could Bring Further Downside for Bitcoin
24.9.2020
With the U.S. dollar eyeing a pre-election recovery, the path of least resistance for bitcoin may be to the downside
Bitcoin price ‘worst-case scenario’ is now $7,000 — trader Tone Vays
24.9.2020
$9,000 would be the ideal “buy the dip” opportunity, says Vays, with $7,000 soon to form Bitcoin’s untested 200-week moving average
Bears reign as 86% of September’s $284M CME Bitcoin options are worthless
24.9.2020
Bears lurk as Bitcoin price is down and $284M in CME BTC options are set to expire on Friday
Market Wrap: Bitcoin Drops to $10.2K; Scaling Solution xDai Doubles in Value Locked
23.9.2020
Bitcoin price dipped Wednesday while investors park crypto in Ethereum sidechain stablecoin xDai
Price analysis 9/23: BTC, ETH, XRP, BCH, DOT, BNB, CRO, LTC, LINK, BSV
23.9.2020
Bitcoin and altcoins are at risk of a deeper correction if they do not rise above their immediate resistance levels soon
Violent Reflexivity: Why Market Movements Are More Aggressive Than Ever, Feat. Corey Hoffstein
23.9.2020
How the Fed and the rise of passive investing and volatility strategies have combined to make market movements faster and more severe
Whales profit mightily from lucrative DeFi yield farming: Data shows
23.9.2020
High annual percentage yields are enticing to DeFi investors but are whales the only people making money?
Bitcoin News Roundup for Sept. 23, 2020
23.9.2020
With the bitcoin market weakening and an ECB update, CoinDesk’s Markets Daily is back for your latest crypto news roundup!