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…
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…
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…
Why Single-Digit Gains Is The Best Case Scenario For Bitcoin This September
[ad_1] Bitcoin gains for the month of September have been less than encouraging for investors. The month has historically been bearish for the digital asset, which makes it no surprise…
Is Short Bitcoin ETF Exposure Gearing Up For A Squeeze?
[ad_1] Bitcoin’s short exposure has been gaining favor from both retail and institutional investors over the last couple of months. For most, this position in the digital asset has paid…
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…
Fed Interest Rates Hike Spur Crypto Market Liquidations Of More Than $330 Million
[ad_1] The FOMC meeting held on Wednesday and its subsequent results deeply affected the state of the crypto market. Given the large swings in price during and after the meeting,…
Bitcoin Dumps After Revisiting June Lows, Where Does The Bottom Lie?
[ad_1] Bitcoin reversed below $20,000 once more after the sell-offs that followed the completion of the Ethereum Merge. With the decline, the digital asset had revisited lows not seen in…
Data Suggests Bitcoin Hets Chaotic During FOMC Meetings
[ad_1] Bitcoin and other cryptocurrencies in the market have had an interesting week-and-a-half. From the CPI report to the completion of the Ethereum Merge, it has been a rollercoaster of…
Cardano (ADA) Price Fails To Break $0.5 Despite Vasil Hype
[ad_1] The Cardano Vasil hard fork has been in the works for a while now. Hype for this hard fork had been overshadowed by that of the Ethereum Merge, but…
More Than 125,000 Crypto Traders Liquidated, Here’s How Much They Lost
[ad_1] Over the last 24 hours, thousands of crypto traders have lost their positions in the market. The liquidations had ramped up, especially after the price of bitcoin had lost…
Dogecoin Re-enters Crypto Top 10, But Price Continues To Struggle
[ad_1] Meme coin Dogecoin is asserting dominance in the market once more. Last week, the digital asset lost its prized crypto top 10 positions when Polkadot (DOT) rallied, and it…