The global cryptocurrency market cap stands at $1.05 trillion, representing a 0.19% increase in the last day. As the cryptocurrency market continues to rally, altcoins are posting incredible gains. For instance, Chiliz’s price is gaining…
Bad for Bitcoin: Dow Jones Flashes Ultra-Bearish Sign…
Much to the chagrin of investors, Bitcoin has formed a close correlation to the traditional markets in recent times that has exposed the cryptocurrency to significant downwards momentum throughout the past several weeks. Although BTC…
Digital Yuan to Fuel China’s Economic Reign –…
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central…
Two Bitcoin Charts Side by Side Shows Trendlines…
Bull and bears are constantly battling it out on cryptocurrency exchanges and trading platforms, hoping to push Bitcoin price higher or lower, and profit immensely from whatever trades they make or positions they take. But…
Price Analysis 4/24: BTC, ETH, XRP, BCH, BSV,…
The total crypto market capitalization has bounced from just below $200 billion on April 22 to over $214 billion at press time. This is a positive sign as it shows that the sentiment is to…
Why Global Deflation May Not Be Bad News…
Contrary to expectations, bitcoin could see a positive performance during a possible bout of global deflation if it acts not just as an investment asset, but as a medium of exchange and a perceived safe…
Wallets Hodling 0.1+ BTC Hit All-Time High As…
The number of addresses holding at least 0.1 Bitcoin (BTC) has exceeded the 3-million mark for the first time as hodlers brace for the halving. Source: glassnode Analysts who adhere to the efficient markets hypothesis,…
Massive Bitcoin Miner Capitulation Could Act As Launchpad…
Bitcoin price is once again trading at a level at which miners are making a profit from operating their expensive mining machinery, however, lower prices are still causing capitulation amongst the weakest miners with access…
Ethereum Price Vulnerable to an Intense Correction: On-Chain…
Ethereum is back in the spotlight after surging as high as $195 in the last 24 hours. The bullish impulse saw more than 220,000 addresses that had a balance in Ether go to zero, based…