Deflationary Crypto Assets Perform in 2022 Amid Inflation Woes: Bloomberg Outlook

Analysts at finance news giant Bloomberg have eyed deflationary crypto assets such as Ethereum as maintaining bullish momentum throughout the upcoming year. Sponsored Sponsored Crypto markets are currently still in retreat and have now declined 23% from their total capitalization all-time high of just over $3 trillion on Nov 9. Analysts at Bloomberg are unperturbed, … Read more

Bitcoin Supply on Exchanges Drops to Three-Year Low

The amount of bitcoin on exchanges is at its lowest in three years, suggesting that investors are not preparing to sell. Ethereum is also at a two-year low for balances on exchanges. Sponsored Sponsored Data from cryptocurrency market data platform Glassnode shows that the bitcoin exchange balance is at its lowest level in three years. … Read more

What Ethereum needs for a push above $4000

The top altcoin, for the last couple of days, seems to be teasing the market with hopes of a move above $4000. However, the same has not been breached yet. With Bitcoin above $60K though the anticipation from Ethereum’s price has soared too. As Ethereum oscillated close to $3900 here’s how the coin’s trajectory upward … Read more

Here’s what stands between Ethereum and $3,500

The month of September has been bearish for most of the market’s top coins. However, as October hit, renewed market anticipation was spotted among participants. The start of Q4 has been blasting, to say the least, with Bitcoin and Ethereum noting close to 10% gains in just 12 hours. Now, even though these significant gains … Read more

How do these metrics factor into Ethereum’s bullish 2021 path?

A collective bullish rally is presently evident in the charts as Ethereum has managed to claw back above $2500. Bitcoin has breached above $40,000 as well, as the digital asset industry is flipping current bearish woes. While price action is attempting to establish a bullish structure, it is imperative to keep an eye on specific … Read more