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“# Bitcoin breakout ‘imminent’ says hedge fund as analyst targets $48K monthly close ” A fresh Bitcoin (BTC) breakout is “imminent” and most likely to the upside, hedge fund Vailshire Capital Management says. In a tweet on Jan. 19, Jeff Ross, the firm’s founder and CEO, described the outlook for BTC performance as “wildly bullish.”…
“# Ethereum price finally beats its 2018 all-time high, surpassing $1,428 ” Ether (ETH), the largest altcoin by market cap, finally reached new all-time highs against the U.S. dollar on Jan. 19. ETH/USD 1-hour candle chart (Bitstamp). Source: Tradingview Ether price is back after 3 years Data from Cointelegraph Markets and TradingView showed ETH/USD beat its…
“# ‘Pay attention’ — Grayscale adds 18x the Bitcoin mined supply in one day ” Asset manager Grayscale added 18 times more Bitcoin (BTC) than miners added to the supply in just one day on Jan. 18. As various data sources confirm, Grayscale, which remains the biggest institutional buyer in the Bitcoin space, purchased a…
“# 3 reasons why Ethereum has been rising faster than Bitcoin price in 2021 ” The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has been soaring since the beginning of the new year. What’s more, it has outperformed Bitcoin (BTC) since Jan. 1, gaining roughly 81% compared to Bitcoin’s 26%…
“# Ethereum price inches closer to a new all-time high as Bitcoin consolidates ” Bitcoin (BTC) continues to trade in a tightening range within a pennant pattern and while the price has moved above the 20-day moving average, it’s clear that the bulls and bears are fighting over the direction the digital asset will take. …
“# Binance Coin (BNB) hits a new all-time high one day before its token burn ” Over the past 6 months, Binance Coin (BNB) has been quietly rallying higher, gaining 189% during this period and notching a new all-time high at $46.90 on Jan. 18. This price peak happened just one day before its quarterly…
“# 3 reasons why the price of Curve DAO Token (CRV) tripled in a week ” Over the past two weeks the entire DeFi sector has been in a strong uptrend and many of the top market cap tokens rallied by double and triple-digits. Curve DAO’s governance token CRV has been a standout performer, coming…
“# 1/18: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB ” Investors are beginning to worry that Bitcoin’s (BTC) uptrend could be in peril after the top-ranked cryptocurrency failed to pull above the $40,000. Some traders are afraid that a repeat of the crushing 2018 bear market is on the cards again if…
“# Yearn.finance eyes new all-time high — Can YFI price reach the next $66K target? ” As Bitcoin’s (BTC) price has been consolidating in recent weeks, many other crypto assets started to show strength. This was largely expected since altcoins generally do better once BTC cools down. Lower volatility in Bitcoin means higher volatility for altcoins as…
“# Bitcoin thermocap metric shows BTC price is still in the ‘low end’ of bull cycle ” Bitcoin (BTC) is still at the “low end” of a 2021 bubble, new data tracking miner and investor behavior suggests. In the latest signal that BTC price action still has major growth potential, researcher Geert Jan Cap showed…