Bank of America’s chief investment strategist sees “the mother of all bubbles” in bitcoin. He compared the cryptocurrency’s recent rally to other bubbles, emphasizing the “increasingly speculative” investing behavior of bitcoin. Bank of America Warns…
Chainlink (LINK) on Verge of Rebound, But It’s…
Demand for Chainlink skyrocketed following the weekly candlestick open. As buy orders began to pile up, the decentralized oracles token saw its price rise by 38.5%. LINK surged from $4.75 to reach a new all-time…
Bitcoin Set Another “Lower High” as Analysts Eye…
Bitcoin faced a grim rejection at $9,500 earlier this week that has caused its price to flash some notable signs of weakness. This rejection has now caused the crypto to set another “lower high” –…
Bitcoin’s Famous Volatility Has Taken a Backseat for…
This has been quite a year for Bitcoin. After beginning the year on a fairly steady course towards the $10k mark, Bitcoin–along with the rest of the economy–tanked. The Most Diverse Audience to Date at…
Explosive Defi, Stablecoin Activity Send Ethereum Fees Above…
The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month. Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and stablecoin projects shot its fees…
Technicals Suggest Ethereum Must Stay Above $230 For…
Ethereum started a downside correction from the $248-$250 resistance zone against the US Dollar. ETH could extend its decline, but it must stay above $230 for hopes of a fresh increase. Ethereum is correcting lower…
Ripple (XRP) Takes A Small Hit: Here’s Why…
Ripple traded to a new monthly high at $0.2118 against the US Dollar. XRP price is currently correcting lower, but dips remain well supported near $0.1980 and the 100 hourly SMA. Ripple started a downside…
Bitcoin Just Saw Key Technical Correction But This…
Bitcoin started a downside correction after it was rejected near $9,500 against the US Dollar. BTC is now trading near the main $9,200 support and it could either start a fresh increase or dive to…
Sell Signals On Ethereum and Others Could Mean…
Chainlink set a new all-time high and has gone parabolic. Dogecoin has gone viral. Even XRP is pumping. The crypto space is clamoring that altcoin season is finally here. However, sell signals appearing on the…