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Market Analysis

Crypto News
April 20, 2021

Are we there yet? Here’s why one analyst says its not ‘altcoin season’

Few traders would argue against the fact that Bitcoin (BTC) is in a bull market, but there is less consensus on whether the market is in the midst of an “altcoin season.” A quick view…

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Crypto News
April 15, 2021

$420M in leveraged long traders liquidated after XRP rallies to $1.96

XRP holders couldn’t have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14.  In addition to achieving its highest level…

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Crypto News
April 15, 2021

3 reasons why Elrond (EGLD) price soared above $245

As mainstream cryptocurrency adoption increases and more users start transacting on blockchain networks, the need for fast, scalable protocols becomes even more apparent as transaction costs and confirmation times continue to increase.  One protocol that…

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Crypto News
April 5, 2021

New milestone reached as 100 cryptocurrencies reach a $1B market cap

In the last two months, the number of cryptocurrencies with a $1 billion market cap has doubled since the last time Cointelegraph reported on the milestone. As things currently stand, there are 100 projects that…

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Crypto News
April 4, 2021

Blockchain-based renewable energy marketplaces gain traction in 2021

Concerns about energy production, resource consumption and its impact on the environment are one of the dominant topics of debate on the global stage. The intensive energy costs of mining Bitcoin and other proof-of-work cryptocurrencies…

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Crypto News
April 3, 2021

Bubble or a drop in the ocean? Putting Bitcoin's $1 trillion milestone into perspective

On Feb. 19, Bitcoin’s (BTC) market capitalization surpassed $1 trillion for the first time. While this was an exciting moment for investors, it also concerned investors that the asset is in a bubble. Although a…

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Crypto News
March 31, 2021

Bitcoin futures premium hits 30% but analyst says 'This time it’s different’

March 30 could become a historical day that will be remembered by Bitcoin (BTC) fans for a long time. Besides marking a 17% recovery from the $50,300 bottom on March 25, PayPal officially confirmed that…

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Crypto News
March 27, 2021

Pro traders close Ethereum longs even after today’s $1.15B options expiry

Ether (ETH) rebounded from a $1,550 low on March 24, which marked a 17% fall from the $1,870 weekly high. Even though the $1.15 billion options expiry in the early hours of March 26 could…

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Crypto News
March 23, 2021

3 reasons why Bitcoin traders keep a close eye on the futures funding rate

Futures contracts trading has grown immensely over the past year, and proof of this comes from the total rise in open interest. Open interest is the total number of outstanding contracts, and the figure has…

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Crypto NewsMining
March 21, 2021

Bitcoin network's computing power: Is it an accurate predictor of BTC price?

Hash rate refers to the overall computing power involved in validating transactions on the Bitcoin (BTC) blockchain. As reported by Cointelegraph, more power suggests greater network security and interest in the profitability potential of mining…

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