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“# Bitcoin’s Coinbase premium turned negative. Here’s what it means for BTC price ” Bitcoin’s (BTC) definitive breakout above $50,000 may have to wait longer to materialize as spot buying pressure on Coinbase Pro shows signs of weakening — at least, in the short term. The Coinbase Premium Index, which measures the gap between the…
“# Oracle-focused tokens rally as DeFi searches for trusted data providers ” To the observant cryptocurrency enthusiast, the sight of multiple large-cap tokens more than tripling their value since November 2020 is a healthy sign that a bull market cycle is underway. Aside from a breakout in the price of Bitcoin (BTC), Ether (ETH) and…
“# Private finance emerges as crypto’s next major growth catalyst ” Long gone are cryptocurrency’s days as an obscure hub for experimental ventures in cryptography. 2020 marked a seminal year for the space, with cryptocurrencies taking major strides into the mainstream as governments, supranational organizations and corporate entities alike made significant entrances into an industry…
“# 3 reasons why Theta price hit a new all-time high at $3.49 ” The sustained bullish performance from Bitcoin (BTC) and Ether (ETH) has increased the confidence of crypto investors and many are now looking deeper into projects that have strong fundamentals and offer real-world use cases. This week investors turned their attention to…
“# Bitcoin goes mainstream as institutions hold 3% of BTC’s circulating supply ” Institutional investors are rapidly gobbling up Bitcoin, and at the time of writing, nearly 3% of the Bitcoin (BTC) in circulation are locked up in long-term holdings by these investors. Data shows that 24 entities have amassed more than 460,500 BTC, which…
“# Here’s how Eth2, DeFi and Bitcoin price will impact Ethereum’s CME futures ” Bitcoin’s (BTC) abysmal December 2017 futures launch quickly fell short of investors expectations and even though the CME BTC market has surpassed $2.5 billion in open interest, the initial launch has reinforced the narrative that this week’s CME ETH futures launch…
“# Linear (LINA) price gains 30% after transition to Binance Smart Chain ” This week Linear Finance (LINA) emerged as a viable competitor to Ethereum-based projects in the DeFi sector that find themselves hampered by congestion and high transaction costs. Data from Cointelegraph Markets and TradingView shows that on Jan.13 LINA was trading for $0.0135…
“# More harm than good? Nigerian crypto users in disbelief over CBN ban ” The Central Bank of Nigeria has banned banks from servicing crypto exchanges in the country in a move that echoes actions taken by its Indian counterpart back in 2018. Reactions to the news among the political class have been divided among…
“# Key Bitcoin price metric signals traders are positioned for $50K BTC ” Bitcoin (BTC) price posted a 25% gain after this week’s news of Tesla’s $1.5 billion BTC investment came out. Prior to this reveal, BTC was lagging behind Ether’s (ETH) performance by 7.5% but the numerous bullish events of the past few days…
“# Bitcoin bulls eye $50K as data show BTC’s liquid supply in steady decline ” On Feb. 12 Bitcoin (BTC) price hit a new all-time high at $48,985 before pulling back to the $46,000 level. A quick glance at the 4-hour chart shows the top-ranked cryptocurrency trading in what appears to be a brief phase…