Ethereum: Is the king of altcoins eyeing Bitcoin’s throne post the Merge

The Merge has finally launched on Ethereum [ETH] and nothing has been the same ever since. What had hoped to be a major bullish event has turned into a short-term beacon of pain for ETH traders. However, the post-Merge crypto market is witnessing a strange trend reversal as Ethereum‘s trading volume share hit an all-time … Read more

Can short-squeeze narrative for Ethereum, Bitcoin actually deliver results

Negative market sentiment for Ethereum [ETH] and Bitcoin [BTC] caused derivative funding rates to remain negative. While both prices suffered a major setback, short traders followed the selling ritual. Now, could this provide an opportunity for the patient (long) traders following a “potential” squeeze? Deep wounds  The funding rates for BTC and ETH have remained … Read more

ETH vs. BTC: A change of scenario in the futures market has left BTC at #2

Bitcoin [BTC]‘s ever-dominating rise in the spot market (market cap) has left all rivals behind by a margin. Ethereum [ETH], the closest rival still has miles and miles to go before it could catch up with the king coin. However, what would happen if we change the battleground to the futures (market) instead? Here’s how … Read more

DeFi TVL drops by 10% in August; Ethereum leads with most losses

DappRadar, in a new report, found that the overall total value locked (TVL) within the decentralized finance ecosystem (DeFi) declined by 10.47% in August. The total TVL now stood at $58.4 billion.  According to the data from DefiLlama, DeFi TVL sat at $250 billion less than eight months ago. With only $58.4 billion, total TVL … Read more

BTC, ETH have had a difficult 24 hours; Fed Chair Powell to blame? 

The cryptocurrency market declined with the broader financial markets as of 26 August. This decline followed the hawkish remarks made by Federal Reserve Chair Jerome Powell at the Fed’s Jackson Hole, Wyoming economic conference on 26 August.  The S&P 500 index fell by 2.15%, the Nasdaq posted a 2.7% decline, and the Dow Jones Industrial … Read more

Bitcoin, Ethereum trade secrets revealed; going short might be…

The crypto market’s infamous swinging volatility continues to see different fortunes on a monthly basis. From traders selling their tokens at a loss to betting against the market (hoping for an uptick)- the market has seen it all. But what’s up this time around? Hold tight Bitcoin has been falling since reaching an all-time high … Read more

Bitcoin advocate claims Vitalik Buterin does not understand PoW

Swan Bitcoin founder Brandon Quittem said that Ethereum (ETH) co-founder Vitalik Buterin does not “deeply” understand the Proof-of-Work (PoW) consensus mechanism. 1/ I said “Vitalik never understood PoW deeply” I don’t know if I’m right or wrong, but here are some examples of @VitalikButerin misunderstanding PoW 🧵👇 — Brandon Quittem (@Bquittem) August 15, 2022 … Read more

Caught between Bitcoin put/call options? Let this be your guide

Bitcoin, the largest cryptocurrency has been in recovery mode for quite some time now. On CoinMarketCap, BTC jumped briefly above the $25k on 14 August before settling onto the $24.9k mark at press time. Evidently, the spot market showcased a relief sign. However, activity on BTC options suggested otherwise. Are you In or Out? The … Read more

Bitcoin [BTC]: Watch out for these bull run signs the next time you check the charts

Bitcoin [BTC] is feeling the heat of the rebound again after narrowly breaching its $25k resistance level over the last 24 hours. At the time of writing, the crypto was trading at $24,750 on the back of a 0.75% daily hike. In fact, it also looked set to end the week on a positive note … Read more

Research: The Merge is causing a divergence between Ethereum and Bitcoin SOPR

The overall market sentiment is usually determined by looking at long-term market behavior. However, while zooming out can put current market conditions into a much better perspective, sometimes the most solid gauge of the market’s position lies in the middle. SOPR and its value in market analysis The Spent Output Profit Ratio (SOPR) is a … Read more