ARK Invest’s Cathie Wood Puts Bitcoin At $1 Million In 8 Years, Here’s Why
[ad_1] ARK Invest CEO Cathie Wood has been a long-time supporter of Bitcoin. The CEO had taken the bold step and become one of the first managers of a public…
Finder’s Panel Predicts 11% Growth For Bitcoin By Year-End
[ad_1] Finder’s panel has always shared thoughts regarding bitcoin and where they see the price going over the next months, and even years to come. In the last year, there…
Dogecoin Hash Rate Hits 7-Month High, But What Are Price Expectations?
[ad_1] The Dogecoin hash rate has actually seen good growth in the year 2022. At the end of 2021, it sat around 371 terahashes per second (TH/s) and by May…
The Psychology Of Bear Markets
[ad_1] The chase for the bitcoin bottom is still on since the digital asset fell below its $20,000 price level. Given that the bear market has not been long in…
Exchange Outflows Shows Bitcoin, Ethereum Accumulation Trend Continues
[ad_1] Bitcoin and Ethereum outflows from centralized exchanges have been pointing toward a growing accumulation trend among investors. This saw billions of dollars worth of coins leaving exchanges weekly as…
Bitcoin Shakes Off Bears Following CPI Release, But Will This last?
[ad_1] Bitcoin saw a shaky market day following the release of the CPI data. While the projections for the inflation rates were high, they would come out lower than the…
Bitcoin, Ethereum Open Interest Suggests A Squeeze Is Coming
[ad_1] The two largest cryptocurrencies by market cap, Bitcoin and Ethereum, have seen a significant rise in their open interest in the last couple of weeks. This comes even when…
Bitcoin Mining Difficulty Adjustment May Force Miners To Dump Their BTC
[ad_1] Last week, the bitcoin hashrate touched a new all-time high after tremendous growth. While this was a welcome development, it had significant implications for the next mining difficulty adjustment…
Ethereum OI Hits $7.7 Billion, Why A Rally Might Be In The Works
[ad_1] Ethereum open interest (OI) had seen a meteoric rise in the weeks leading up to the Ethereum Merge. Even after the Merge, the open interest has not declined, given…
Binance Hacker Put Millions Of New BNB In Circulation, What Does This Mean For Price?
[ad_1] In the early hours of Friday, news broke that a hacker had been able to successfully exploit the BNB Chain. However, unlike decentralized finance (DeFi) hacks that have become…
Wash Trading Dominates Bitcoin Volume, What Does This Mean For Price?
[ad_1] The daily bitcoin trading volumes come out into billions of dollars every day, with hundreds of thousands of daily transactions being carried out. It is one of the reasons…
This Expert Trader Says Cardano (ADA) Will See A 50% Decline
[ad_1] Cardano (ADA) has seen its price decline significantly over the last year after hitting a new all-time high above $3. The digital asset is down more than 86% from…
Regulatory Scrutiny Threatens Ethereum’s Rise, Will It Succumb Under Pressure?
[ad_1] Ethereum has been seeing increased regulatory scrutiny in recent months. This comes following the network’s move to a proof of stake mechanism and the introduction of staking to the…
Lightning Network Capacity Reaches 5,000 BTC
[ad_1] The Bitcoin Lightning Network has marked another tremendous milestone. The total public capacity had surpassed more than 5,000 BTC for the first time in history, continuing along with the…
Ethereum Marks Three Consecutive Red Weekly Closes, Will Uptober Change Its Trajectory?
[ad_1] Ethereum has been one of the cryptocurrencies that have received major support from the crypto community regardless of how the price performs in the market. Since the Ethereum Merge…
LUNC Price Gains 50% Despite Kwon’s Troubles, What’s Driving It?
[ad_1] Over the last week, the crypto space has been saturated with news of the hunt for Terra (LUNC) founder Do Kwon. The South Korean founder is now being hunted…
Why Bitcoin, Ethereum May Not Be The Best Plays For The Next Bull Market
[ad_1] Since the launch of bitcoin, there have been massive gains recorded by those that got in early and held on long enough. The same was the case with Ethereum,…
Trade Activity Shows Ethereum Whales Are Seeking Refuge In Stablecoins
[ad_1] For a while now, Ethereum whales have been moving their coins around. This has been a direct result of the bear market that has caused investors to lose a…
Bitcoin Sees Massive Decline In On-Chain Activity
[ad_1] Bitcoin on-chain activity had been lit up like a Christmas tree over the weeks leading up to the Ethereum Merge. Even though the upgrade was not taking place on…
Solana Clears 100 Billion Transaction Count As NFTs Gain Prominence
[ad_1] The Solana network had been one of the winners of 2021 after gaining widespread popularity among crypto users. Its incredibly fast transaction times had been one of the pulls,…
Investors Cash Out $5M From 7-Week Bull Run On Short Bitcoin
[ad_1] Short bitcoin has been at the forefront of investors’ attention over the last few months. Since it launched, it has garnered an impressive asset allocation and has not eased…
Staked ETH Nears 14 Million As Ethereum Readies For Breakout
[ad_1] Since the completion of the Ethereum Merge, sentiment among the community has remained positive. There had been no withdrawal mechanisms coded into the hard fork, which meant that the…
Cardano (ADA) Price Reacts Poorly To Vasil Hard Fork
[ad_1] The Cardano Vasil hard fork had been expected for months, and finally, it is a reality. The hard fork had proceeded according to schedule, and by Thursday, September 22nd,…
Number Of Bitcoin Addresses Sending BTC To Exchanges Continues To Drop
[ad_1] With the decline in the price of bitcoin, there has been a lot of selling from investors. This sell-off trend has contributed to the further decline of the digital…
Stabilizing Ethereum Funding Rates Suggests Recovery Might Be In The Works
[ad_1] Ethereum funding rates had taken a beating after the Merge was completed. This event was the single most anticipated upgrade in the history of the network, and it had…