• The exchange rate between Bitcoin (BTC) and Ether (ETH) has been falling rapidly in recent weeks. • Financial instability is disproportionately benefiting Bitcoin, as investors flock to the digital currency as a safe haven asset. • Ethereum can also make the claim to be robust and decentralized, but it hasn’t been able to keep […]
• XRP price has increased by 2.5% in the past 24 hours, rising to $0.375464 amid a 5% gain for the cryptocurrency market as a whole. • Whale Alerts have noted some very large transfers of XRP from some of the market’s largest traders, with the coin’s 24-hour trading volume now topping $900 million. • […]
• David Duong, Head of Institutional Research at major crypto exchange Coinbase discussed the current state of cryptocurrency markets. • He noted that while Bitcoin (BTC) and Ethereum (ETH) remain dominant, altcoins are still attracting significant interest from institutional investors. • The reason for this is because the market is macro-focused right now as people […]
• Two of the world’s largest crypto exchanges, Huobi and KuCoin, have been accused of providing services to customers of sanctioned Russian banks. • The exchanges allegedly failed to take proper measures in order to block traders from transacting with debit cards issued by these banks. • Binance and ByBit also reportedly offer multiple methods […]
• Bitcoin (BTC) and Ethereum (ETH) prices have been holding above the $24,000 and $1,600 marks respectively. • Investors are keeping a close eye on the upcoming Federal Open Market Committee (FOMC) meeting minutes which are set to be released this week. • The release of these minutes could have an impact on the cryptocurrency […]
• Terra Luna Classic price seems poised to print a series of green candles after bouncing off support at $0.0001584. • The daily time frame chart shows the formation of an ascending triangle pattern, with the potential to break out to $0.0002764. • Initial buy orders could be placed above the slope of higher lows […]
• According to Glassnode data, the number of Bitcoin wallet addresses holding a non-zero balance could soon hit an all-time high. • The record high number of non-zero addresses was hit in the immediate aftermath of the collapse of FTX last November. • If the number of non-zero wallet addresses continues rising at the pace […]
• Bitcoin options markets are sending bullish signals, with the 25% delta skew remaining above zero since mid-January and the Open Interest Put/Call Ratio hovering near its lowest since January 2022. • These signals indicate that investors are anticipating further upside in the BTC price, showing strong sentiment towards the world’s largest cryptocurrency by market […]
• MEMAG, FTM, FGHT, MATIC, and CCHG are five of the best cryptos to buy today. • Each of these coins have unique features and use cases that make them attractive investments. • Investors should research each coin thoroughly before investing to ensure they are making an informed decision. Cryptocurrencies are becoming increasingly popular as […]
The rise of Bitcoin and other cryptocurrency over the last decade has revolutionized the financial world. However, the regulatory bodies that oversee the industry remain skeptical about the long-term implications of cryptocurrencies on the mainstream financial system. This is the view of Bank of England Governor Andrew Bailey. Cryptocurrency Models Cannot Stand the Test of […]