Ethereum touched just shy $2.4k yesterday, making a two-week high. It also closed three consecutive daily green candles against Bitcoin, taking ETHBTC to 0.066782 at the time of writing. Some analysts attribute this strength to the up-and-coming London upgrade. The Rinkeby testnet rollout is anticipated this coming Wednesday. However, the mainnet launch depends on the […]Read More
Analysts at US bank JPMorgan foresee staking to become a multi-billion market as environmental concerns come into play for top cryptos like Bitcoin, they wrote in a recent report to clients. The team, however, pointed out Ethereum’s upcoming ETH 2.0, the shift to a proof-of-stake consensus design (away from the current proof-of-work design), would jumpstart […]Read More
Bitcoin ranges in the high $30,000s—but technicals suggest there’s ‘red’ ahead Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › Analysis Bitcoin once again failed to take over the $38,000 resistance and continues to be stuck in the mid $30,000s. Rohan Jethi · […]Read More
Most of the top 100 tokens are red today. But despite the market uncertainty, it’s business as usual for Cardano (ADA). Github activity data puts the number five token as the most active of all projects. Also, with the Fund4 Project Catalyst (PC) vote opening next Tuesday, ADA holders will have the opportunity to shape […]Read More
Key Bitcoin Price Outlook The bitcoin price briefly surged above $61,000 on Tuesday. The climb surfaced as a part of an upside weekly session, as traders’ appetite for safe-havens surged ahead of key US inflation data. Technically, the cryptocurrency shied away from confirming a price breakout to the upside. Bitcoin rallied above $61,000 on Tuesday. […]Read More
Ethereum briefly crossed over the $2,000-level, a benchmark target for many bulls as they await a breakout price rally in the world’s second-largest cryptocurrency market. The ETH/USD exchange rate surged to $2,007 during the Asia-Pacific trading session Friday. The pair’s move uphill coincided with a drop in the Bitcoin Dominance Index — a metric that […]Read More
Bitcoin held gains, bond yields rose, and gold slipped ahead of President Biden’s next big spending push that could total anywhere between $2 trillion and $4 trillion. The BTC/USD exchange rate approached $60,000 in an early morning rally in Asia, driven higher by a flurry of fundamentals, ranging from PayPal’s decision to add a crypto […]Read More
Bitcoin retained its intraday bullish bias Friday just ahead of its $6 billion options expiry. In retrospect, options are contracts that give traders the right to purchase or sell an asset at a specified price before a certain expiration date. Data on ByBt.com shows that there is over 100,000 BTC worth of options set to […]Read More
Bitcoin bulls were in for a shock this Thursday as the flagship cryptocurrency “crashed” from $57,209 to as low as $50,305. Many catalysts worked behind the scenes as BTC/USD plunged to its multi-week low. Signs of a recovering job sector, rising interest rates, and nascent inflation spurred rotation from highly-valued pandemic winners — including tech […]Read More
An earlier morning boost in the Bitcoin market Wednesday, led by Tesla’s announcement that it would accept the cryptocurrency as payment for its electric vehicles, turned jittery ahead of the US session close, leading to a decline of more than $5,500 and ending the day 3.81 percent lower. Powell Strikes Again The flagship cryptocurrency’s seesaw […]Read More
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