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Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
24.10.2022
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew...
Bitcoin, Ethereum Technical Analysis: Ethereum Back Above $1,300 to Start the Week
24.10.2022
Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the week, with the market cap trading 1.56% high as of writing. Bitcoin was also in the green in today’s...
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High
24.10.2022
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s mining difficulty has also reached another all-time high (ATH) by tapping 36.84...
While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week
23.10.2022
During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022. NFT Sales Record...
Investment Strategist Discusses Bitcoin ‘Entering Unstoppable Maturation Stage’ — Says Price Should Continue to Rise
23.10.2022
Bloomberg Intelligence’s senior commodity strategist says bitcoin “may be entering an inexorable phase of its migration into the mainstream.” In addition, the cryptocurrency may also “be entering unstoppable maturation stage,” the strategist added, expecting the price...
Bitcoin Now Less Volatile Than Nasdaq and S&P 500 — Stock Markets More Reactive to Inflation, Strong Dollar, Rate Hikes, Energy Crisis
23.10.2022
Bitcoin’s volatility has fallen below that of the Nasdaq and the S&P 500, according to crypto data provider Kaiko. Compared to equity markets, cryptocurrency markets have become less reactive to volatile macro events, including high inflation, an appreciating dollar, rising interest...
Biggest Movers: QNT Extends Recent Gains, Climbing by 10% on Saturday
22.10.2022
Quant moved higher for a second straight session on Saturday, as prices rose by as much as 10%. The move sees the token break out of a key resistance level, with many now expecting a move towards $200. Xrp was also higher, extending recent gains in the process. Quant (QNT) Quant (QNT) was up...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,300 to Start the Weekend
22.10.2022
Ethereum was once again trading above $1,300, as cryptocurrency prices rose to start the weekend. Markets were back in the green on Saturday following a volatile week, which came as the U.S. dollar continued to strengthen. Bitcoin also surged higher, moving back above $19,000. Bitcoin Bitcoin (BTC)...
Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty
22.10.2022
Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, the network’s total hashrate continues to chug along at close to 300 exahash per second...
Crypto Prices Fall But These Coins in the Green – IMPT, LUNC, APT, EOS
21.10.2022
Although the broader crypto market remains at the mercy of bears, several digital assets are trading in the green. This article reviews a few of these bullish assets for value-seeking investors.
IMPT is a solid asset for investors looking to invest in environmental, social, and government (ESG)...
Biggest Movers: QNT Rebounds on Friday, UNI Extends Recent Decline
21.10.2022
Quant ended a streak of three consecutive declines on Friday, as prices rebounded following recent losses. The move saw the token bounce towards its recent resistance level of $180.00. Uniswap, on the other hand, remained in the red, falling below a key support point in the process. Quant (QNT)...
Bitcoin, Ethereum Technical Analysis: Strong Dollar Pushes BTC Below $19,000
21.10.2022
Bitcoin was once again trading under $19,000, as the U.S. dollar moved to a one-week higher versus several G7 currencies. Friday’s move saw the token fall to a key support point in the process. Ethereum was also in the red in today’s session, as prices fell for a fourth straight day....
Crypto Prices Fall But These Coins in the Green – IMPT, LUNC, AAVE, DOGE
20.10.2022
While the crypto market remains in the red, a growing number of coins have managed to buck the bearish trend. This article explores some of these crypto assets.
Investors looking to back a meaningful project while earning can consider the IMPT token....
Read More: Crypto Prices Fall But These...
How long will the bear market last? Signs to watch for a crypto market reversal
20.10.2022
This crypto bear market has been long and painful, but here are a few signs that might signal when it could come to an end
Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 as Volatility in Crypto Markets Intensifies
20.10.2022
Bitcoin snapped a two-day losing streak on Thursday, as prices of the cryptocurrency rebounded at a key point of support. The current price uncertainty in markets comes as global inflation continues to hover close to historical highs. Ethereum was also back in the green in today’s session....
Ecosystem Growth, Not Prices, Tells the Real Crypto Story
20.10.2022
An increasing number of positive narratives around crypto and blockchain technology have emerged in the recent years, but current prices do not reflect the growth. Regulation and risk-appetite could be what's needed to turn things around
Bitcoin Whales are Accumulating Bitcoin at Current Prices – What Information Do They Have?
20.10.2022
Bitcoin (BTC) whales – the largest holders of coins on the network – have been accumulating BTC since price first hit the $20,000 level in June this year, one leading analyst argues.
According to a tweet from Ki Young Ju, CEO of the crypto analytics platform CryptoQuant.com, the whale accumulation...
Crypto Prices Fall But These Coins in the Green – MKR, IMPT AAVE, XMR, UNI
19.10.2022
The prices of cryptocurrencies have tanked once more. And while several big-name cryptos struggle with a bear run, many digital assets are trading in the green.
This article will examine some coins that present impressive buying opportunities....
Read More: Crypto Prices Fall But These Coins...
You Could Be Paying The Same Prices As Your Neighbor For Slower Internet
19.10.2022
It’s not just your imagination: Depending on where you live in America, major internet providers could be charging you the same price as your neighbors for fewer megabits per second. The discrepancy in service is reportedly the most severe in low-income and less white neighborhoods.Read more
Market Wrap: Crypto Prices Decline Slightly as Trading Volumes Continue to Sag
18.10.2022
Bitcoin and ether volatility have also been declining but the futures estimated leverage ratio for both has been rising. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets