Market Analysis

Bitcoin (BTC) has the potential to become a “good bet” for investors if the Federal Reserve does everything it can to keep the U.S. economy afloat against impending recession risks, according to popular analyst Bitcoin Jack. The independent market analyst pitted the flagship cryptocurrency, often called “digital gold” by its enthusiasts, against the prospects of

DAO: Decentralized. Autonomous. Organization. “The whole phrase is a misnomer. They’re not decentralized, not autonomous and they are not organizations,” Monsterplay blockchain consultancy founder David Freuden tells Magazine. Freuden co-authored a 51-page report on DAOs in May 2020 in an attempt to help realize their potential. “We need DAOs,” he explains. “The idea of ‘shareholder first’

Investor sentiment across the cryptocurrency ecosystem has seen a significant shift in the positive direction over the past week, despite events in the wider world. Currently, Bitcoin (BTC) is back above $43,500 and many altcoins are also witnessing double-digit gains. Crypto Fear & Greed index. Source: Alternative The ongoing conflict in Ukraine and recent actions

2021 was a roller coaster of a year for THORChain (RUNE) that saw its price top out at $20.31 only to come crashing down below $4 as a series of hacks and declining interest in decentralized finance had the token limping into 2022. Data suggests that investors could be taking a closer look at Rune

Whenever Bitcoin (BTC) fails to break through important resistance levels, traders gain confidence and add to their altcoin positions. The logic is that, unless BTC drops significantly, these movements historically provide decent rewards for those shifting their portfolios toward higher risk. Bitcoin/USD at FTX. Source: TradingView In the past seven days, the aggregate market capitalization

In 1996, when the Nintendo 64 was first launched in the United States, it sold 1.6 million units (worth $200 each) in its first quarter. Its closest competitor for the holiday season was a $30 Tickle Me Elmo doll, which sold around a million units in the same window. More than 20 years later, when

The geopolitical news flow is likely to result in volatile moves in Bitcoin (BTC) and altcoins in the next few days. News of Russian President Vladimir Putin ordering the nuclear deterrence forces on high alert may be viewed as a negative, but reports of talks between the warring nations could be positive as it raises

As public understanding of how digital assets work becomes more nuanced along with the mainstreaming of crypto, the language of Bitcoin’s (BTC) “anonymity” gradually becomes a thing of the past. High-profile law enforcement operations such as the one that recently led to the U.S. government seizing some $3.6 billion worth of crypto are particularly instrumental

Ethereum (ETH) and decentralized finance (DeFi) are undergoing a seismic shift as the transition to Eth2 and a proof-of-stake consensus mechanism is helping to increase the value proposition for the network which has historically has been plagued with scaling issues and high transaction costs.  Alongside this transition has been the introduction of liquid staking, which

A rebound rally in the Terra (LUNA) market this week risks exhaustion as the price retests a key trendline for a potential pullback. Descending channel risks LUNA decline LUNA has been trending lower inside a falling channel—made up of two parallel descending trendlines—since December 2021. In doing so, the Terra token typically tests the lower

The ongoing Bitcoin (BTC) price correction could continue as per almost a century-old technical analysis principle called “Elliott Wave Theory.” The interim bearish outlook put forth by the Elliot Wave Theory appeared as Bitcoin tumbled below $35,000 amid the Russia-Ukraine conflict. Bitcoin wave fractal eyes repetition The theory, which divides a price cycle into two

Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000. Russian troops gather on Ukraine’s borders. Ukrainian NGOs and volunteer groups embrace cryptocurrencies to help defend their country in the event

Avalanche (AVAX) rallied by around 20% in the last two days as a new report revealed millions of dollars flowing into AVAX-based investment products. Penned by CoinShares, an institutional crypto fund manager, the report highlighted that Avalanche-based investment vehicles attracted about $25 million in the week ending Feb. 21, the second-biggest inflow recorded in the

On Feb. 18, the Russian Ministry of Finance kicked off public consultations on the rules of cryptocurrency issuance and transactions. While a welcome development, it is less than the country’s crypto space had expected to get. Earlier in the week, the government announced that by Feb. 18, a bill containing the finance ministry and central

Bitcoin (BTC) has dipped enough for one of its best-known indicators to signal a rare long-term investment opportunity is here. As of Feb. 22, the Mayer Multiple is sitting at its lowest level since Bitcoin bounced at $29,000 in July last year. Mayer Multiple down 50% in 3 months The latest in a series of

From the very beginning, individuals making use of pseudonymous identities to protect their privacy has been an integral part of the crypto sector, however, with the market having matured a lot since the early days, the question of these practices still being morally sound has once again come to the forefront, especially in relation to

A rebound move witnessed in the Solana (SOL) market this weekend exhausted midway as its price dropped below the $90 level from a high of $96 on Feb. 21. In doing so, SOL price technicals are now risking a classic bearish reversal setup. Solana price risks dropping to $60 Dubbed head-and-shoulders (H&S), the technical pattern

In 2021, Latin America saw a soaring rise in crypto adoption among the 20 countries and 14 dependencies that make up the region. A slew of conferences, associations, new regulations and nonfungible token (NFT) projects as well as the global bull market made last year an intriguing one for the region. Let’s take a look

Bitcoin (BTC) saw its first dive below $38,000 in over two weeks on Feb. 20 as macro triggers rattled low-volume weekend markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on BTC: “Nothing to get excited about” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground Sunday, following threats of fresh sanctions on Russia

One of the main themes among the crypto community in 2021 was China’s aggressive policy toward mining, which led to a complete ban on such activities in September.  While mining as a type of financial activity has not gone away and is unlikely to disappear, Chinese cryptocurrency miners had to look for a new place