Analysis of sentiment and on-chain data shows that a correction was likely to occur. Is there still room for growth? According to data collected from 1000+ crypto social media channels, the average crowd sentiment towards Bitcoin adapted from slightly bullish to overwhelmingly bullish over the days leading up to Thursday’s dramatic pullback, mirroring the levels […]
Continue Reading
Bitcoin and most major altcoins could consolidate for a few days before starting the next big move. The crypto market has been in a strong bull run over the past few days, and that has pushed Bitcoin (BTC) to its second-best day ever. Almost every trader now seems to be fixated on the magical figure of $20,000 […]
Continue Reading
Additional transactions have been deposited into the Ethereum 2.0 contract to ensure a Dec.1 launch of Eth2’s beacon chain The highly anticipated launch of Ethereum 2.0, or Eth2, is scheduled to take place next week. Specifically speaking, Eth2’s proof-of-stake blockchain known as “the beacon chain” has been confirmed to run alongside the Ethereum network starting […]
Continue Reading
Google Trends data show searches for ‘Bitcoin’ rose to a yearly high as BTC price rallied to $19,400. Today Bitcoin (BTC) price extended its rally toward a new all-time high as the price surged to $19,412 in the morning trading session. Daily cryptocurrency market performance. Source: Coin360 Determining the actual all-time high for BTC is […]
Continue Reading
Ethereum’s beacon genesis event is set to take place on Dec 1, with the ETH 2.0 deposit contract reaching more than 94% of its target with just 12 hours to go. ETH 2.0’s Phase 0 launch looks all but certain for Dec. 1, with the number of Ether transferred to the ETH 2.0 deposit contract […]
Continue Reading
Once a user identifies a phishing attempt, spreading the word online can assist in the security of everyone’s funds. Many crypto owners fall prey to common crypto theft schemes, including phishing traps. How can the average crypto user identify and avoid these attacks to prevent the potential loss of funds? Know the source Phishing emails are […]
Continue Reading
XRP has almost doubled its value over the past week. Ripple’s XRP is rising in price, but the reasons are not entirely clear. Between 11:00 am and 3:00 pm UTC today, XRP gained approximately 20% in value, based on data from TradingView.com. The asset has rallied about 83% total since Friday and is up roughly 98% […]
Continue Reading
Bitcoin could consolidate for a few more days as the action shifts to Ether, XRP, and other large-cap altcoins. Bitcoin (BTC) has been leading the current crypto rally for the past few weeks and this has boosted its dominance from 56% on Sep. 3 to 67% on Nov. 18. However, as Bitcoin nears its all-time […]
Continue Reading
Bitcoin’s sharp bounce off the intraday lows today indicates a possible move to all-time highs and select altcoins may join the party. Bitcoin (BTC) has made a stellar comeback from its March lows in 2020 and this performance is getting noticed by institutional investors. Recently Rick Rieder, BlackRock’s CIO of fixed income, said that Bitcoin […]
Continue Reading
A record-breaking year for DeFi, but can it break away from the negative perceptions around yield farming and pump-and-dump schemes? While 2020 will go down as one of the toughest the world has faced collectively in many years, the success of the decentralized finance sector stands out as a major milestone for the cryptocurrency community. […]
Continue Reading