Bitcoin holds above $41,000 over the weekend, Tether shows bullish signs

As Bitcoin (BTC) wavers around $41,000, Tether is indicating big moves may be coming for crypto in general. According to data from analysts Santiment, Thursday and Saturday had the two largest days of 2022, in terms of addresses interacting on the network, with 83,000 and 74,000 addresses interacting with the network respectively. Keep an eye … Read more

Solana and Terra’s trading volume soared last year, as bitcoin and ether dropped

This year has not been favorable to the price actions of neither bitcoin (BTC) nor ether (ETH), the two major cryptocurrencies by market cap. Bitcoin started out this year trading at $47,370 but has since then fallen to $38,945 at press time. Looking at ether, the story is the same, or even worse as the … Read more

Ethereum: Assessing whether other chains in DeFi might soon take its place

Chains are keen to hike their total value locked [TVL] dominance as this is a way to amp up adoption and boost their presence in the space. Ethereum is thought to be the reigning DeFi alt, but as the markets grow larger and more bridges and links are formed, what are investors choosing? Clash of … Read more

Bitcoin’s slides back at $38k, but funds keep moving out of exchanges

As the war in Ukraine moves into its third week, if there still is a demand for bitcoin (BTC) and other cryptocurrencies in the Russian and Ukrainian markets, to try to escape sanctions or as an escape route for people to safeguard their funds, this does not seem to have reflections on market prices of … Read more

Bitcoin’s hits $41k as Russia’s as war in Ukraine continues

As the war in Ukraine continues, Bitcoin and the rest of the crypto market, including Ethereum, has been highly correlated to the traditional market. With the S&P 500 and Nasdaq opening cautiously upwards, bitcoin has once again spiked and is trading above $41,000. The correlation to traditional markets seems broken, at least for the moment. … Read more

LUNA rallies, Bitcoin jumps above $39k as war in Ukraine continues

Some days make it difficult to find joy, even as crypto markets are rallying. Nevertheless, the losses made since the outbreak of the tragic war between Russia and Ukraine have largely recovered and markets are generally in the green on the daily. As many times before, bitcoin leads the way by the share weight of … Read more

Ethereum investment products finally break a nine-week run of outflows

Last week, Ethereum investment products finally broke a nine-week long streak of outflows, while Bitcoin saw a fourth consecutive week of inflows, according to the latest report by institutional crypto fund manager CoinShares. The report, which analyzes weekly flows into digital asset funds, uncovered the persisting popularity of multi-asset (coin) investment products, which saw a … Read more

Ethereum, Shiba Inu, Terra Price Analysis: 18 January

While the bulls still could not alter the broader outlook, the global crypto market cap kept slackening. Consequently, Ethereum and Shiba Inu’s RSI saw confirmed double-top after a sharp plunge below their supports. However, Ethereum’s CMF bullishly diverged with its price. Shiba Inu also saw an oversold position, but its OBV seemed hopeful for the … Read more

Ethereum, Shiba Inu, Terra Price Analysis: 12 January

As the broader sentiment improves, the king alt recovered from the 61.8% Fibonacci support and crossed its 4-hour 20-SMA.  On the other hand, Terra jumped above its 20-50-200 after clawing back to its 38.2% support level. Although Ethereum, Shiba Inu and Terra noted double-digit gains from their long-term supports, they needed to back it up … Read more

Ethereum, Terra, Filecoin Price Analysis: 29 December

As the crypto fear and greed index saw a 14 point plunge in the last 24 hours, the fear sentiment surged. Thus, on account of a broader sell-off, Ether and Filecoin dropped below their 20-50-200 SMA.  The king altcoin lost the vital $4,000-mark while Terra lost the 23.6% Fibonacci support.  Ethereum (ETH) Source: TradingView, ETH/USD … Read more