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“# Here’s how Bitcoin’s intraday volatility complicates leverage trading ” The crypto sector is in a bull market, and frequent evidence comes from anonymous traders who post their five-, six- and seven-figure investment returns as screenshots on Crypto Twitter. This condition creates a FOMO-like situation where everyone gets greedy. The temptation to boost potential earnings…
“# Top 5 cryptocurrencies to watch this week: BTC, XRP, DOT, XLM, SOL ” Bitcoin (BTC) has been struggling to rise above the $50,000 mark, which could have resulted in traders dumping their Bitcoin positions to invest in altcoins. Glassnode data suggests that whale addresses owning more than 1,000 BTC have reduced from about 2,500…
“# Solana pumps to all-time high as Bitcoin, altcoins lag ” Solana’s native SOL token is charting new highs on Sunday, gaining in U.S. dollars and in Bitcoin (BTC) on the back of growing network adoption and a key technical breakthrough. The SOL token peaked at $52.42 on Sunday, according to TradingView, having gained 24%…
“# DeFi growth helps push crypto’s share of the global money supply above 2% ” This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on…
“# Bitcoin still on track to $100K despite growing risks, says strategic investor Lyn Alden ” Strategic investor Lyn Alden is convinced Bitcoin has still the potential to reach $100K in the current bull cycle — despite growing uncertainty and increasing volatility. “We are seeing a lot of froth throughout the industry”, she said, referring…
“# VORTECS Report: Dammit, Musk, now you’re messing with AAVE too? ” Who knew what, and when did they know it? Investigating Watergate in 1973, Senator Howard Baker Jr. wanted the answer. Thanks to a couple of journalists, he eventually got it. And while the stakes may not be as high, the team at Cointelegraph…
“# Cardano smashes $2 resistance as bullish signals enter for Bitcoin price ” Cardano’s ADA token neared $2.40 on May 15 as a select few altcoins bucked the bearish mood to steal the spotlight from a weak Bitcoin (BTC). ADA/USD 1-hour candle chart (Binance). Source: Tradingview ADA in price discovery as $2.50 nears Data from…
“# Summer shorts: NANO price spike gives traders a chance to bet against the rally ” When Elon Musk’s ‘Bitcoin is bad for the environment’ tweet caused a flash crash of BTC and the majority of altcoins’ prices earlier this week, a handful of digital assets headed in the opposite direction, making huge gains amid…
“# Walking on sunshine: Top crypto summer vacation destinations in 2021 ” Even though the ongoing coronavirus pandemic has yet to fully recede, an increasing number of countries are beginning to open up their borders to tourists once again. Furthermore, with large-scale vaccination drives taking place all over the world, it appears as though by…
“# Altcoins pop while Bitcoin looks for support near $50,000 ” Bitcoin (BTC) continues to look for direction but as this occurred, Ether and altcoins bounced higher from the May 13 sell-off. Dogecoin shocked investors with its 47% rally that kicked off after Coinbase announced that it would list (DOGE) in the coming months. Doge…