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“# Icon, Ravencoin and Lisk are riding the bull wave on possible future developments ” Bitcoin (BTC) created another milestone today when the price breached the $50,000 barrier. Bitcoin has now risen about 1,230% from a low of $3,803.58 on March 13 of last year to a new all-time high at $50,622 today. This rally…
“# Kusama (KSM) price jumps 70% ahead of the upcoming parachain auctions ” Kusama (KSM) price underwent a strong 70% breakout on Feb.15 as excitement continues to build for the Kusama and Polkadot (DOT) ecosystems ahead of the upcoming parachain auctions. Kusama price soars 70% Data from Cointelegraph Markets and TradingView shows that KSM rose…
“# Is a retail frenzy causing the Bitcoin futures’ markets excessive leverage? ” Bitcoin (BTC) has breached the $50,000 level on Feb. 16. But while failing to cleanly break the psychological barrier, it undoubtedly displayed the potential for even higher valuations. Meanwhile, futures and options indicators are misaligned, signaling excessive buyers’ leverage, while options markets…
“# 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…
“# Privacy coin season? DASH price gains 100% in a week as Monero, Zcash flip bullish ” The strength of the cryptocurrency market is spreading appears to be spreading to privacy-focused coins. The calm price action of Bitcoin (BTC) often sets up an intense period for altcoins to rally, where several groups of coins can…
“# 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…
“# Roses are red, violets are blue, Bitcoin hits $49K and a new all-time high too ” The price of Bitcoin (BTC) achieved a new record above $49,000 on Valentine’s Day on Feb. 14, rising to as high as $49,344 on Coinbase. There are three main reasons Bitcoin surged to a new all-time high, namel…
“# 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…
“# ATOM rallies 100% in a week: What’s behind the rerating of Cosmos? ” ATOM, the native cryptocurrency of the Cosmos blockchain protocol, has rallied by over 100% in the past week. Analysts are attributing the rally of ATOM to two major fundamental factors. First, in recent weeks, layer one blockchain protocols, like Avalanche (AVAX)…