The A to Z of Bitcoin’s Order Book Depth and what it means for the market

Over the past decade, the cryptocurrency industry as an asset class has come a long way. The likes of Bitcoin and Ethereum are no longer frowned upon with a sense of disapproval, despite the crypto-market being relatively new. Hence, it is imperative to evaluate the evolving maturity of the asset class. While there are multiple … Read more

The how and why of Bitcoin, Ethereum, XRP sharing a common bullish narrative

The collective cryptocurrency market is at a critical junction. With major altcoins stagnating on the charts, Bitcoin could have reached a local top for the time being as well. However, the total market cap value was at an interesting stage. Source: Trading View As illustrated in the chart above, the total market cap of digital … Read more

What roles are institutions playing in driving Ethereum prices

Ethereum is in a bit of a pickle at the moment. After rallying up to $3600 towards the beginning of the month, the asset has hit another ceiling at $3640, a familiar resistance from mid-September. The resistance has been tested a couple of times in the past week and now ETH is subtly suggesting a … Read more

Is Bitcoin leading the tussle among Layer 1, Layer 2 ecosystems

Due to increased adoption, general bullish sentiment in the crypto space and DeFi, transactional activity is at its highest average levels ever. Hence, the popularity of layer 2 solutions due to cheaper, faster characteristics led to the rise of projects such as Polygon. However, irrespective of L2 solutions, L1 networks of Bitcoin, Ethereum continue to … Read more

This is crucial for Ethereum on its path beyond $4300 in October

Over the past few years, September has usually been a drawdown period for the collective industry and Sept 2021 was no different. Ethereum was down by 12.58% for the month but come October it played catch-up really fast. At press time, the asset was already up by 12%  for the month. With more than 25 … Read more

Are Institutions really favoring Ethereum over Bitcoin right now

Requisite institutional interest in major assets such as Bitcoin and Ethereum is nothing new anymore. Since the latter stages of 2020, accredited investors became more and more evident with digital assets, as institutions started to diversify their portfolios. However, since the drop in May 2021, these investors have kept a low profile, without making any … Read more

Is the future ‘cross-chained’ for Ethereum, Solana, other blockchains

The blockchain industry is innovating at a rapid pace and at the moment, different chains are interacting with each other. With the expansion of DeFi, these assets are not only limited to Solana, or Terra’s ecosystem, but it has become essential that there are solutions that allow these assets to move from one branch to … Read more

Here’s why ‘value flows’ are essential for Bitcoin, Ethereum’s market caps

Over the past decade, the blockchain industry’s growth has been precipitated by the use and popularity of cryptos like Bitcoin and Ethereum. In light of the same, it is critical we understand the value flow from fiat to these assets, and how they have led to other innovations within the industry such as DeFi protocols. … Read more

Bitcoin, Ethereum will draw their market strength from this key aspect

Bitcoin and Ethereum are currently surviving a bearish scare, with both assets just about holding a position above their immediate supports. For Bitcoin, the $41,000-level is establishing a strong bounceback range while Ethereum has managed to remain above $3000. On the contrary, some altcoins have recorded strong recoveries, with Solana, Bitcoin Cash, and Uniswap hiking … Read more

What is the significance of 24 September for Bitcoin, Ethereum, before Q3 2021 ends

In less than 10 days, the financial industry will collectively call it quits on Q3 2021, and the market couldn’t be more indecisive at the moment. With prices failing to breach past immediate resistance, there is an air of uncertainty at present. Both Bitcoin and Ethereum have managed price consolidation above their immediate support of … Read more