Cardano, Ethereum Classic, Vechain Price Analysis: 06 June

Since 1 June, the digital asset industry has not been able to facilitate consistently strong price movement. However, on the contrary, a significant decline has become evident. As the collective markeThe post Cardano, Ethereum Classic, Vechain Price An…

Bitcoin’s hash power still largely ‘seasonal’

Bitcoin miners have always been in the spotlight; right from its initial heydays to the ones leading up to its recent halving. For the network, the miners are a very crucial part of the puzzle. For miThe post Bitcoin’s hash power still largely ‘seasona…

Will Bitcoin surge as COVID-19 eases?

COVID-19 gave the world a shock like no other. In a matter of months, countries closed their borders, enforced lockdowns, and issued stay-at-home orders. With economic consumption dragged down to the The post Will Bitcoin surge as COVID-19 eases? appea…

Bitcoin CME COT report shows surge in short positions

Between 1-2 June, more than $200 million worth BTC positions were liquidated as Bitcoin rose by $700 and collapsed by the same amount. Since then, the price has moved mostly sideways. On the same day,The post Bitcoin CME COT report shows surge in short…

Crypto-derivative volumes hit new ATH in May

The cryptocurrency market has been an interesting place to be part of, especially over the past month in light of the volatility. The last 30 days gave way to new contributors to the market, while welThe post Crypto-derivative volumes hit new ATH in Ma…

Stellar Lumens, Dash, Zcash Price Analysis: 06 June

Over the past 24-hours, Bitcoin noted a very minor price correction, and as expected, many popular altcoins mirrored the price movement of the king coin. For altcoins such as Stellar Lumens, Dash, andThe post Stellar Lumens, Dash, Zcash Price Analysis:…

Bitcoin’s 7-day trading volume spike may not mean much

Bitcoin’s trading volume has been an immensely important metric for the world’s largest digital asset in 2020. A metric that is highly accurate in detecting a price bottom, the importance of the same The post Bitcoin’s 7-day trading volume spike may no…

Litecoin, Algorand, EOS Price Analysis: 06 June

Following another sudden pullback, the collective market cap of cryptocurrencies fell to $273 billion as Bitcoin’s market dominance plunged to 64.7%. Most of the market’s altcoins also noted significaThe post Litecoin, Algorand, EOS Price Analysis: 06 …

Bitcoin miners now offloading their inventories

The larger crypto-community rejoiced vocally when the Bitcoin halving took place on 11 May at around 4 pm EST. However, while this was a crucial milestone for the Bitcoin community and the network, thThe post Bitcoin miners now offloading their invento…