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August 31, 2021

Why Bitcoin Dominance Could Submit To Altcoin Season Several Months Longer

Bitcoin price is struggling to break through resistance at $50,000, and it could partially be altcoins to blame for the weakness. The most recent technical structure on the highest time frames suggests that not only could alts continue to gain against BTC dominance, altcoin season itself could last a while longer. […]

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PayPal reportedly looks to take on Robinhood with stock trading

PayPal has reportedly conducted discussions to acquire a broker-dealer but is unlikely to launch the new investment service this year. American payment giant PayPal is reportedly exploring ways to offer stock trading after launching cryptocurrency trading services last year. PayPal is looking to buy or partner with a broker-dealer to […]

Bitcoin price sinks to $46.7K despite record accumulation and supply shock events

Everything is bullish but the price when it comes to Bitcoin on Tuesday — the market is still waiting for cues. Bitcoin (BTC) saw fresh local lows on Tuesday as limp price action diverged further from bullish sentiment. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $46,700 […]

Institutions remain bullish on Cardano and Ether while BTC outflows persist

Ethereum and Cardano continue to dominate inflows to institutional crypto investment products while demand Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. In its Digital Asset Fund Flows Weekly report on Aug. 30, institutional asset manager CoinShares […]

This DeFi platform positions itself as a new Compound built on Solana

With the help of artificial intelligence, one DeFi protocol is eliminating the barriers to trading. Decentralized exchanges (DEXs) empower users by getting cryptocurrency assets into the hands of more people. One platform is attempting to make the trading of crypto more accessible and straightforward with the use of artificial intelligence. […]

Crypto can alleviate the financial fallout for people in Afghanistan

As the political system collapses, so too does the financial one. Thus, more and more Afghan citizens will turn to crypto. One of the greatest tragedies in life,” according to author K. L. Toth, “is to lose your own sense of self and accept the version of you that is […]

Here’s what happens to Ethereum (ETH) revenue after multimillion NFT sales

Does all of the money spent on NFTs actually stay in the market or is dumped on unsuspecting investors causing price fluctuations? The latest research from crypto analytics company Nansen analyzed the flow of ether (ETH) that has come into the NFT market to determine whether it had any effect on ETH’s […]

Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K

Bitcoin addresses holding 1,000–10,000 BTC have resumed accumulating coins. Rich crypto investors are turning their attention back to Bitcoin (BTC) as its price continues to eye a breakout move above $50,000. Crypto-focused newsletter Ecoinometrics reported positive changes in Bitcoin holdings for addresses controlling 1,000–10,000 BTC. So, based on their rising […]

Bitcoin Bull and Bear Cycles To Become a Thing of the Past, According to On-Chain Analyst Willy Woo

On-chain analyst Willy Woo says that pronounced bull and bear cycles will become a thing of the past for Bitcoin. In a new interview with news personality Natalie Brunell, Woo says that the typical four-year cycles that most analysts observe in Bitcoin will be replaced by a “drunken walk” upward, […]

Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K

The run-up in the Bitcoin (BTC) price toward $50,000 last week risks exhaustion due to a mismatch between the cryptocurrency’s price and momentum trends. So it appears the Bitcoin’s price and relative strength index (RSI) have been moving in the opposite direction since late July. In doing so, even a […]