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January 18, 2021
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Tag: Market analysis

Elrond up 20% in 24 hours as EGLD price triples in December — Can the rally continue?
Altcoin / Bitcoin News / Market / Market analysis / Markets

Elrond up 20% in 24 hours as EGLD price triples in December — Can the rally continue?

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With Bitcoin (BTC) largely in the spotlight after hitting a new all-time high of nearly $24,000, other projects are starting

Bitcoin price suddenly regains bullish momentum with $20K in sight
Bitcoin News / Bitcoin Price / Market / Market analysis

Bitcoin price suddenly regains bullish momentum with $20K in sight

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Bitcoin (BTC) remains in the spotlight after MassMutual became the latest company to allocate $100 million of its portfolio into Bitcoin.

‘It will send BTC’ — On-chain analyst says Bitcoin hodlers are only getting stronger
Bitcoin News / Bitcoin Price / Market / Market analysis / Markets

‘It will send BTC’ — On-chain analyst says Bitcoin hodlers are only getting stronger

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the price of Bitcoin (BTC) could achieve a “conservative” target of $200,000 in 2021. The prediction revolves around the fact

Ripple’s XRP sees explosive 1,151% trading volume spike in November
Altcoin / Market / Market analysis

Ripple’s XRP sees explosive 1,151% trading volume spike in November

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XRP saw a month-on-month 1,151% surge in trading activity in November on the eToro investment trading platform

Bitcoin price dives back under $16,900 as whale deposits spike again
Bitcoin News / Bitcoin Price / Market analysis / Markets

Bitcoin price dives back under $16,900 as whale deposits spike again

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The price of Bitcoin (BTC) dropped below $16,900 again on Nov. 27 across top exchanges, including Binance. The recent pullback comes

2 counterarguments for CNBC’s Brian Kelly who sees a $19K Bitcoin top
Bitcoin News / Bitcoin Price / Market / Market analysis

2 counterarguments for CNBC’s Brian Kelly who sees a $19K Bitcoin top

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CNBC Fast Money trader Brian Kelly sees three potential signs of a price top as Bitcoin (BTC) hits $19,000. Both fundamental and technical

Bitcoin futures and options suggest that a major BTC price move is looming
Bitcoin Price

Bitcoin futures and options suggest that a major BTC price move is looming

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Bitcoin (BTC) has been highly volatile in recent weeks, rallying above $16,000 for the first time in three years.

Can Bitcoin price conquer $16,000 as ‘extreme greed’ grips market?
Market

Can Bitcoin price conquer $16,000 as ‘extreme greed’ grips market?

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Bitcoin (BTC) is still showing strength with multiple attempts to break through $16,000on Nov. 12. A new yearly high was established

Why billionaires are suddenly accumulating Bitcoin after 113% YTD gain
Uncategorized

Why billionaires are suddenly accumulating Bitcoin after 113% YTD gain

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Billionaires have been increasingly accumulating Bitcoin (BTC) in recent months. Following Paul Tudor Jones’ lead, hedge fund manager

Bitcoin price gets closer to the last big hurdle before $20,000
Uncategorized

Bitcoin price gets closer to the last big hurdle before $20,000

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While the United States’ election is still undecided, Bitcoin (BTC) is experiencing a major rally, as BTC price nearly reached $16,000 today,

Ethereum price ascending channel breakout possible if Bitcoin consolidates
Uncategorized

Ethereum price ascending channel breakout possible if Bitcoin consolidates

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In the past week, altcoins prices received a significant haircut, and investors who were light on Bitcoin (BTC) saw their portfolio value

Bitcoin volume unaffected by Tether’s (USDT) market dominance — Data shows
Altcoin / Bitcoin News / Bitcoin Price / Market analysis / Markets

Bitcoin volume unaffected by Tether’s (USDT) market dominance — Data shows

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In terms of Bitcoin trading into USDT or other equivalent stablecoins such as USDC or PAX, we haven’t seen a significant shift in terms

Why Trump Banning TikTok May Be a Blessing for Bitcoin Price, Adoption
Altcoin / Bitcoin News / Bitcoin Price / Market analysis / Markets

Why Trump Banning TikTok May Be a Blessing for Bitcoin Price, Adoption

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Bitcoin showed its dominance in the space by wiping out several billion of these gains in a little over an hour. So what does the week ahead look like

Bitcoin Price Holds Key Support and Is on the Verge of Testing $10,000
Uncategorized

Bitcoin Price Holds Key Support and Is on the Verge of Testing $10,000

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Recently, the price of Bitcoin (BTC) has been showing virtually zero volatility. This volatility decreased particularly as of late while Bitcoin was resting

Will Ether Price Hit $400 if DeFi Keeps Eating Bitcoin’s Lunch?
Bitcoin News / Bitcoin Price / Market analysis / Markets

Will Ether Price Hit $400 if DeFi Keeps Eating Bitcoin’s Lunch?

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Comparatively, Ether (ETH) looks like it is trading at the bottom of its current ascending channel on the daily chart. In other words, it paints a picture

BTC Options Traders Are Not Betting on a Short-Term Bitcoin Price Drop
Bitcoin News / Bitcoin Price / Market analysis / Markets

BTC Options Traders Are Not Betting on a Short-Term Bitcoin Price Drop

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It’s improbable for a single derivatives indicator to provide a clear market picture as the Bitcoin (BTC) options market is still a nascent industry

Is Chainlink (LINK) a Bubble? On-Chain Data and DeFi Suggest Otherwise
Altcoin / Market analysis / Markets

Is Chainlink (LINK) a Bubble? On-Chain Data and DeFi Suggest Otherwise

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On July 13 Chainlink (LINK) rallied more than 34% to reach a new all-time high at $8.48. Since then the price corrected back to the $7 range but at the time

Which Way Bitcoin Price? Current ‘Stablecoin’ Period Mimics Early 2017
Bitcoin News / Market analysis / Markets

Which Way Bitcoin Price? Current ‘Stablecoin’ Period Mimics Early 2017

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Bitcoin (BTC) price has hardly moved an inch in the last six weeks, barely moving 2% in either direction from its average price. Therefore

If Crypto Traders Abandoned Litecoin Why Are Investors Hoarding LTC?
Altcoin / Market analysis / Markets

If Crypto Traders Abandoned Litecoin Why Are Investors Hoarding LTC?

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Price wise, Litecoin (LTC) has had a pretty rough year and currently the altcoin is down 51% over the past twelve months. The lack of GitHub activity

Bitcoin Options Data Shows Investors Betting on $50K BTC Price in 2021
Bitcoin News / Bitcoin Price / Market analysis / Markets

Bitcoin Options Data Shows Investors Betting on $50K BTC Price in 2021

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Bitcoin (BTC) $50K call options for June and December 2021 strikes have been traded. LedgerX derivatives exchange has been intermediating

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