Latest Activity:

Market Analysis

A Bitcoin (BTC) on-chain indicator that spotted dead cat bounces during the yesteryear bearish market corrections has flashed again in August 2021. Dubbed “Bitcoin: Short Term Holder NUPL,” the indicator takes into account the unspent transaction output, or UTXO, of BTC transactions not more than 155 days old. In doing so, it attempts to determine whether […]

Bitcoin (BTC) hiked 20% in seven days in an unexpected move that brought the price to its highest level since May 18. The price appreciation happened despite United States Treasury Secretary Janet Yellen reportedly supporting a broader definition of crypto companies in the HR 3684 infrastructure bill currently being considered in the U.S. Senate. Even though […]

Ether (ETH) has outperformed Bitcoin (BTC) in terms of year-to-date market performance, rising more than 320% against BTC’s 54% returns. But, according to Bloomberg Intelligence senior commodity strategist Mike McGlone, Bitcoin would soon catch up to Ether’s gains, which might even push its per-unit price to $100,000. “If Bitcoin were to catch up to Ethereum’s […]

The scale of Bitcoin’s (BTC) ongoing downside correction might not be as alarming as it was in 2018, indicates data shared by Glassnode. The blockchain analytics firm reported that investors who have held Bitcoin for more than one year showed a lesser interest in liquidating their investments versus those who held the digital asset for […]

The overall feel across the cryptocurrency landscape over the past week has been one of bubbling anticipation, with the Ethereum network finally undergoing its London hard fork, which includes reforms to the transaction fee market, thanks to EIP-1559. London is the latest in a series of upgrades that are part of Ethereum’s measured transition from […]

Ether’s (ETH) price rallied 50% leading in the London hard fork because many investors expect the upgrade to solve the issue of high transaction fees and make the altcoin a deflationary asset.  Pantera Capital CEO Dan Morehead has predicted that the upcoming upgrade would likely cause Ether to “flip” Bitcoin (BTC) as the leading cryptocurrency, […]

Despite the recent breakouts to the $40,000 level, Bitcoin’s (BTC) price could still face downward pressure in August. The 42% rally in late July effectively inspired some optimistic short-term options bets, but the initial data largely favors the neutral-to-bullish call options, and failure to sustain $40,000 has significantly reduced this advantage. A good deal of […]

Up
Top Ranked Users
1.
admin
1239points
2.
Smobin
30points
3.
pedramseo
15points
Activity Feed