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“# DeFi resurgence lifts Maker, Aave and Compound price to new highs ” Analyzing the activity on lending platforms can sometimes be used as a barometer for measuring the sentiment of the cryptocurrency market as a higher number of collateral-backed loans may signal that traders are eager to trade a rising market. The month of…
“# Price analysis 5/3: BTC, ETH, BNB, XRP, DOGE, ADA, DOT, UNI, LTC, BCH ” Ether (ETH) has been the star performer among major cryptocurrencies in the past few days as its rally has continued unabated. The second-largest cryptocurrency by market capitalization crossed the $3,300 today sending projects market cap to $381.6 billion. Ether has…
“# Ethereum bulls control 100% of this week’s $470M ETH options expiry ” On May 7, a total of $470 million in Ethereum options are set to expire, and slaughter is really the only word that describes what is about to happen to bearish Ether traders. Currently, almost every single one of the 75,909 put…
“# Altcoins just repeated a move that could launch them 27,000% higher in 2021 ” Altcoins have delivered huge gains this year, but if they repeat their 2017 moves, hodlers may be looking at an insane 27,000% moonshot. According to popular trader Rekt Capital, those are the potential combined returns for altcoin investors if history…
“# BTC price nears $60K showdown: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is challenging familiar but significant all-time highs as a new week gets underway, rallying to $58,000 on May 3. After a surprise rally on Friday, the largest cryptocurrency saw a slow comedown through much of the weekend. This…
“# Ethereum market cap hits $337 billion, surpassing Nestle, P&G and Roche ” Ether (ETH) price has rallied more than 200% in 2021, resulting in a massive $337 billion market capitalization. This impressive figure pushed the value of the Ethereum network ahead of the total market cap of major companies like Procter & Gamble’s ($326…
“# Top 5 cryptocurrencies to watch this week: BTC, SOL, HT, ETC, AAVE ” Bitcoin (BTC) price closed the month down 1.98% which according to data from Bybit, was its first negative close in April since 2015. In the same month Ether (ETH) price soared over 44% to hit a new all-time high close to…
“# DeFi adoption on the Binance Smart Chain reaches new highs ” Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the start of 2021, but recent growth on several top platforms may hint at another DeFi run in…
“# 2 key Ethereum price metrics prove pro traders are behind ETH’s new highs ” As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity behind the meteoric price rise. Some analysts might dismiss Ether…
“# Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close ” Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month’s $4.2 billion options expiry occurred without any signs of controversy. Data from Cointelegraph Markets and TradingView shows that after a…