Bitcoin Blockchain and Cryptocurrency News Center
For many cryptocurrencies and digital assets, scarcity is a key part of their value. But not all scarcity is created equal. Of the ever-growing reasons why bitcoin keeps making national news, its scarcity is one of the most notable. Touted as an inflation hedge by top advisories such as JPMorgan, bitcoin is earning a renewed reputation as “digital gold” while […]
Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi, the Cointelegraph writes. The growth of the decentralized finance (DeFi) sector has been a recurrent headline throughout 2021 and to date, hundreds of billions of dollars in crypto assets are locked on protocols across numerous blockchain networks and earning a […]
DeFi and NFT-related tokens such as GHST, CNS and TLM defied the market’s bearish mood to post double-digit gains in the past 48 hours. Crypto markets faced another day of struggle on Thursday as the price of Bitcoin (BTC) dropped to its “final support zone” near $31,000, which prompted traders to issue dire predictions about the […]
The best traders keep a sharp eye on an asset’s momentum. Here’s why the RSI and moving averages are the perfect indicators for this task. Technical analysis, the study of chart patterns, is a tool that helps traders increase their edge over others. This is done by keeping the trader on the right side of […]
Bitcoin price plummeted faster and lower than anyone expected, leaving behind a trail of liquidations and investors in shock. Crypto prices across the board tanked by more than 50%, and in most cases have already rebounded by at least 25% of what was lost. The sudden rollercoaster after such a steep ascent makes sense, sending volatility […]
Increasingly sophisticated and constructive regulation of digital assets promotes innovation and helps economies to flourish. Just this week, Ether (ETH) breached the $4,000 mark while Bitcoin (BTC), the world’s most popular cryptocurrency, recently hit another all-time high at over $63,000. Meanwhile, Dogecoin (DOGE) continues its roller-coaster ride after “Dogefather” Elon Musk’s appearance on Saturday Night Live and news about digital artwork […]
“The crypto narrative is shifting from bitcoin to ethereum,” wrote FundStrat, which placed a $10K price target on ETH for this year. Ether (ETH), the second-largest cryptocurrency by market cap, could see further gains towards $10,000 this year after reaching a new all-time high around $2,780 on Thursday – a roughly threefold increase forecasted by […]
The 50 billionth USDT token has been minted, Tether has confirmed. The market capitalization of Tether (USDT), the world’s largest stablecoin, zipped past $50 billion on Monday in a sign that the cryptocurrency bull market is still heating up. Tether Operations Limited confirmed the milestone on Monday, with roughly 50 billion USDT now reported to […]
Dogecoin liquidations briefly surpassed Bitcoin, indicating high demand for DOGE and the altcoin market, the Cointelegraph reported on April, 25. Dogecoin (DOGE) saw more liquidations than Bitcoin (BTC) at one point on April 24. This shows there is a significantly high demand for trading the meme cryptocurrency even as Bitcoin and Ether (ETH) struggle to […]
Understanding open interest, funding rates and the differences between futures contracts is the starting point for any investor interested in trading crypto-based derivatives. In the past two years futures contracts have become widely popular among cryptocurrency traders and this became more evident as the total open interest on derivatives more than doubled in three months. […]