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

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 [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

This is how the crypto market, especially BTC and ETH, reacted amid latest Fed hike

The Federal Reserve increased the interest rate by a further 0.75% and the crypto markets responded bizarrely. The U.S. interest rates are back to pre-pandemic levels as the battle against inflation rages on. The crypto market has thus rallied in response to the rate hike as trader sentiment shocks market skeptics. Only surprises here Griffin … Read more

Here is what Bitcoin and Ether investors are doing in a post-Terra market

Coin flows can tell us a lot about the movements of coins and tokens through the crypto market, as well as investors’ reactions to the market. However, does the latest data match what’s really going on at the exchanges? Let me ETH a look at this Glassnode’s weekly coin flows update revealed that Bitcoin and … Read more

BTC, ETH plummet amid US stock futures decline as investors prepare for Q1 earnings

The market price of bitcoin (BTC) dropped below $39,000 on April 18 in a declining trend during the Easter holidays. Meanwhile, ether (ETH) price fell below $3,000 for the first time since mid-March. The combined crypto market has lost almost $400 billion since early April, with analysts warning a “disaster in the financial markets” could … Read more

Bitcoin dips below $43k – UST backing not enough as Fed turns hawkish

The market price of bitcoin stayed pretty much flat for most of the first week in April. But as the U.S. Federal Reserve signaled higher and faster interest rate hikes, and quantitative tightening of its $9 trillion balance sheet, the general market took a turn downwards, and bitcoin (BTC) went down with it as the … Read more

Bitcoin flirting with $48,000 as hodlers kept buying throughout Q1

Long-term hodler have kept accumulating Bitcoin during the whole of the first quarter of 2022, and they are a big reason behind the bull run of the past week. According to data from IntoTheBlock, as bitcoin surpasses $48,000 again, the balance held by hodlers, addresses holding bitcoin for more than a year, is currently at an … Read more