Archive for January 2021
Economist: Ethereum To Repeat Bitcoin Rally To $20K, According To Metcalfe’s Law
Ethereum is now the second major cryptocurrency from the last bull run to break its former all-time high. One author and economist, however, claims that this is only the beginning of the top altcoin following in Bitcoin’s footsteps, and will soon rally to $20,000 mimicking the epic 2017 bull run. Here’s the theory behind the…
Read MoreStable +35% Monthly with FBC14 algorithm – Interview with the CEO
Today via video call our reporter talked to a person who turned the world of financial analysis upside down. Our website has a unique opportunity to take a look at a short interview with one of the most secretive people of our time, whom many compare to Satoshi Nakamoto – Michael Hill, an Oxford graduate,…
Read MoreEthereum is About to See an Explosive Rally Against BTC
Ethereum’s price action has been strikingly similar to that of Bitcoin’s as of late The crypto is once again showing strong signs of correlation to BTC, which has caused it to see some relatively choppy trading as of late It has continued gaining some slight ground against BTC, although it is now pushing up against…
Read MoreBitcoin Funding Rates Soar as Consolidation Persists; Long-Squeeze Imminent?
Bitcoin has seen some wild chop as of late, with the crypto’s price ranging between the lower and upper-$30,000 region It has found some strong support within the lower part of this range, with sellers attempting on multiple occasions to break it to no avail. The cryptocurrency has also been seeing large bouts of buying…
Read MoreeToro’s New Bitcoin Account Incentives Are So Good
The cryptocurrency market is trending once again, thanks to Bitcoin’s big breakout and rally beyond $40,000. Altcoins are also following the BTC’s lead, which in turn has sparked massive FOMO amongst retail investors, alongside institutions. Investors are flooding eToro like never before, causing new user registrations to grow 25 times the number the company…
Read MoreHow RAMP DeFi Maximizes APY on Your Staked Crypto Assets
The growth of decentralized finance (DeFi) has exploded over the last year, beginning with less than $1 billion in total locked value to almost $20 billion currently. DeFi has created transactional opportunities that were previously impossible without blockchain technology, unlocking additional value for users that was previously captured by third parties. With the explosion of…
Read MoreEthereum is Looking “Ridiculously Bullish” as Analysts Eye a Move to All-Time Highs
Bitcoin has been facing some immense turbulence as of late, but it has yet to have any grave impact on altcoins Most major altcoins have been decoupling from the benchmark cryptocurrency, with ETH gaining against its BTC pair while Chainlink sees fresh all-time highs This momentum is being slowed slightly by Bitcoin’s present weakness, but…
Read MoreMillions of Bitcoin are Being Sent to Dormant Accumulation Addresses
Bitcoin’s price action has remained rather stagnant throughout the past couple of days, with bulls being unable to catalyze a break above $40,000 on the first attempt The selling pressure here remains quite significant, and whether or not this level can be firmly broken above could set the tone for its mid-term trend From a…
Read MoreHow Bitcoin Futures Trading Platforms Adjust Their Instruments Amidst Bullish Market: Case of Huobi
In 2020, crypto derivatives trading replaced spot trading as the most popular digital assets exchange segment. To meet the increased requirements of sophisticated and retail traders, Huobi Futures – the derivatives arm of Huobi Global crypto exchange ecosystem – introduces new instruments. Huobi Futures meets bullish run locked and loaded: novelties and adjustments Launched in…
Read MoreBitcoin On the Cusp of Facing Another Wave of Intense Selling: Analyst
Bitcoin has faced some intense selling pressure throughout the past 48 hours, with bears stepping up and trying to reverse the cryptocurrency’s recent strength They have been continuously targeting $30,000, with the crypto tapping this level on a few occasions before rocketing higher Its rally has so far been somewhat weak, and reversed nearly the…
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