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“# Ethereum hits new all-time high near $2K as analyst says 2021 bull run is different ” Ether (ETH) hit fresh all-time highs and neared $2,000 for the first time on Feb. 18 as momentum returned to trading. ETH/USD 1-day candle chart (Bitstamp). Source: TradingView ETH sets sights on $2,000 Data from Cointelegraph Markets and…
“# Bitcoin whales continue to accumulate despite BTC price holding above $50K ” The number of whale addresses holding Bitcoin (BTC) have hit a new all-time high, the latest data shows. This can be considered bullish, particularly as the price of BTC is showing staying power above $50,000. The increase in the number of whales…
“# Price analysis 2/17: BTC, ETH, DOT, ADA, XRP, BNB, LTC, BCH, LINK, XLM ” Bitcoin (BTC) is gradually gaining ground on gold, the traditional store of value. Data shows that one ounce of gold can only buy 0.0352 Bitcoin as of Feb. 17, the lowest amount of BTC eve. This shows that Bitcoin has…
“# Ethereum joins the $200 billion club — But is it worthy? ” Ether (ETH) is up 150% in 2021, causing its market capitalization to soar above $200 billion. Most traders are fixated on the unitary price, even though it is entirely arbitrary, therefore missing relevant milestones and comparables. Ether and Bitcoin YTD performance. Source:…
“# Ethereum fundamentals signal $2,000 ETH price is closer than it seems ” In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs. Although the initial anxiety regarding CME’s ETH…
“# Price analysis 2/15: BTC, ETH, ADA, XRP, DOT, BNB, LTC, BCH, LINK, XLM ” A large part of the current crypto bull run has been driven by institutional demand. But for the first time, the institutions may be stepping back. According to CryptoQuant, the Coinbase Premium Index, the difference in Bitcoin’s (BTC) price on…
“# $1.89 billion liquidated: Why did Bitcoin and ETH price correct sharply overnight? ” In the last 24 hours, $1.89 billion worth of futures positions were liquidated after Bitcoin (BTC) and Ether (ETH) sharply fell below $46,000 on Binance. BTC/USDT 15-minute price chart (Binance). Source: TradingView.com Most of the liquidations came from Bitcoin and Ether,…
“# Here’s why altcoins are dropping as Bitcoin price inches closer to $50,000 ” Altcoins plunged steeply on Feb. 14 after the price of Bitcoin (BTC) achieved a new all-time high above $49,000. The timing of the altcoin market’s drop was noteworthy because it corrected as BTC was rallying, which typically does not happen. So…
“# 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…
“# Price analysis 2/12: BTC, ETH, ADA, XRP, DOT, BNB, LTC, LINK, XLM, BCH ” Financial regulators across the world finally seem to be warming up to the idea that cryptocurrencies can trade in tandem with stock markets and also in exchange-traded funds (ETF). On Feb. 11, Canada’s Ontario Securities Commission approved the proposal of…