The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
3 key metrics and disinterest from pro traders…
For novice traders, FOMO can be a heavy burden to bear. Resisting the urge to buy Bitcoin (BTC) after a nearly 15% rally, which saw the price break both the $12K and $13K levels in…
Top traders say Bitcoin log chart points to…
Peter Brandt, a well-regarded veteran trader, recently emphasized the high demand from institutions as a key catalyst for Bitcoin's strong performance. BTC/USD 1-month chart. Source: TradingViewThe strong high time frame technical structure of BTC, especially…
Analysts Expect Ethereum to “Teleport” Higher as Bitcoin…
Ethereum’s price action has been incredibly lackluster compared to that seen by Bitcoin and the rest of the crypto market. While BTC pushes up towards fresh yearly highs of $13,000, the rest of the crypto…
Former BitFinex Whale Expects Bitcoin Dump as Price…
Bitcoin bulls should expect pain ahead even as the cryptocurrency has added more than $1,000 to its value in the last five days. Bitcoin breaks $12,000 in the latest rally. Source: BTCUSD on TradingView.com Bitcoin…
Bitcoin trader shares 7 reasons to be bullish…
Bitcoin (BTC) abandoning correlation with traditional markets will be its “biggest story” if it continues, one popular analyst says. In a series of tweets on Oct. 21, Cole Garner highlighted Bitcoin’s market decoupling among bullish…
This Technical Pattern Suggests Yearn.finance’s YFI Could Plunge…
Yearn.finance’s price action has been far from bullish over the past few weeks, with bears aggressively selling into each price pump as buyers continue struggling to gain any traction. There are many different factors behind…
Breakout or fakeout? Top traders react to Bitcoin…
Within the past few hours, Bitcoin (BTC) price rose to $11,988 before pulling back to hover around the $11,900 level. The price is on the cusp of breaking above $12,000, and some analysts have suggested…
Institutions Long and Hedge Funds Short: Bitcoin Options…
Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin…
Trader Lays Out “Worst Case” Technical Scenario For…
Yearn.finance (YFI), the decentralized finance (DeFi) darling that led the DeFi market upsurge in the third quarter, is stagnating. Technical analysts are now considering the worst possible scenario for the DeFi giant. A pseudonymous DeFi…
Institutional Bitcoin longs at record-high, hedge funds short…
According to CME, the amount of Bitcoin (BTC) long contracts held by institutions are at an all-time high. Yet, CME’s most recent Commitment of Trader report shows hedge funds are at a record-high for BTC…
‘Old hands selling out’ metric shows Bitcoin price…
Old hands are selling their Bitcoin (BTC) holdings, according to glassnode’s Coin Dormancy metric. As shown below, dormant addresses selling BTC marked previous tops in BTC. Coin Dormancy of Bitcoin. Source: glassnodeOn-chain analyst Willy Woo…
Ethereum’s Dominance Over the Market May Soon Explode…
Ethereum’s price is moving higher today alongside that of Bitcoin and the rest of the crypto market. This latest push higher has allowed ETH to re-surmount its crucial $380 level – which is the price…
Analyst: Chainlink Likely to Rally to $16.50 as…
Chainlink has been struggling to break above $11.00 throughout the past few days and weeks. This level has become a strong resistance for the cryptocurrency, and both bulls and bears have largely reached an impasse.…
Trader Claims Uniswap’s UNI Will Plunge to $2.00…
Uniswap’s UNI token has been struggling to garner any sustainable upwards momentum over the past few days and weeks, with each rally being met with massive inflows of selling pressure that force its price lower.…
Trader Warns: “Be Scared” Going To Bed Without…
Bitcoin’s bull run could very well be here, but with the pandemic and the coming election, there’s so much risk in the air. However, one crypto trader says that they’d be more “scared” going to…
Warning: “Watch Out” For Bitcoin “Bulldozer” When Volume…
Volatility is finally increasing after a return to historical lows, but volume has yet to follow. When it does, however, one crypto trader says to “watch out” for the “bulldozer” that will be Bitcoin after…
Yearn.finance’s (YFI) Market Structure Points Towards a Q4…
Yearn.finance’s governance token (YFI) has been caught within a bout of extreme turbulence. A fragmented community, growing animosity towards the protocol’s founder, as well as a general downturn in the DeFi space have all struck…
Here’s how to properly earn a DeFi sized…
I recently caught wind of an interesting Cointelegraph article explaining how investors could earn 41% APY on their Bitcoin without converting it to renBTC or WBTC. In the article, the writer laid out a detailed…
Despite Crypto Rebound, This Analyst Still Expects $20…
Ethereum, aside from Chainlink, is the best performing cryptocurrency in the top ten by market cap. The top-ranked altcoin has had enjoyed a substantial rebound from bear market lows and surged all throughout 2020 on…
Bitcoin’s Volume Profile: Move Past $12,000 Will Ignite…
Bitcoin’s price action has grown stagnant over the past few days and weeks, with the cryptocurrency struggling to gain momentum as bulls and bears battle for control of its near-term trend. Last week, the benchmark…
Market Wrap: Bitcoin Slips to $11,300; Ether Locked…
Bitcoin’s price is slipping while the amount ether parked in DeFi is in neutral. Bitcoin (BTC) trading around $11,397 as of 20:00 UTC (4 p.m. ET). Slipping 1.3% over the previous 24 hours. Bitcoin’s 24-hour…
Analysts Call XRP “Crippled” as Trend of Severe…
XRP – the token closely associated with Ripple – has seen faltering momentum as of late, with its community dissipating as the company struggles to garner widespread adoption for the token. It does remain loosely…
Top traders go long after Bitcoin price rallies…
On Oct. 7 Cointelegraph reported that top crypto traders had kept a bearish stance since mid-September and at the time the Bitcoin (BTC) long-to-short ratio had reached its lowest level in 10 weeks. All of…
Here’s the Newly Formed CME Gap Bitcoin May…
Bitcoin’s technical outlook has greatly improved throughout the past few days, with bulls’ ability to push the cryptocurrency off of its $10,600 lows and past its $11,200 resistance providing its market structure with a serious…
Trump vs. Biden: $4K gold target as Brandt…
Gold will gain regardless of whether Donald Trump or Joe Biden wins the election, one analyst says as Bitcoin (BTC) targets $11,000. In an interview with the media division of precious metals giant Kitco on…
Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like…
Bitcoin is making gains Friday while ether options traders on the Deribit exchange love $400 strikes. Bitcoin (BTC) trading around $10,050 as of 20:00 UTC (4 p.m. ET). Gaining 1.4% over the previous 24 hours.…
Trader Warns Of “Capitulation Volume” And “Heavy Downside”…
The DeFi space rose to incredible heights all throughout 2020 but could have come to a roaring peak over the summer months. Assets like Yearn.Finance (YFI), Uniswap (UNI), or Aave (LEND) are all on the…
Analyst: The Next Bitcoin Break Will Set The…
Bitcoin is exhibiting confusing price action currently, reeling from the slew of negative news but withstanding a fall back to retest lows. Eventually, the stalemate between bulls and bears will break, and an enormous decision-making…
Crypto Market Manipulation is Still Alive and Well,…
In 2019, Bitwise Asset Management published a report that shocked much of the crypto industry. The Most Diverse Audience to Date at FMLS 2020 – Where Finance Meets Innovation In a presentation to the…
Yearn.finance (YFI) Resumes Downtrend Following Rejection at $20,000
Yearn.finance’s YFI token has been subjected to immense volatility over the past few days. A variety of different factors have played a role in this, including a myriad of community drama coupled with continued weakness…
Uniswap’s UNI Crashes Below $3.00 as Analysts Eye…
Uniswap’s newly released governance token – called UNI – has taken a serious beating throughout the past few days, with its price bearing witness to unrelenting selling pressure that has slowed its ascent and caused…
Bitcoin Could Soon Rocket to $11,900 as Consolidation…
It has been a rocky past few days for Bitcoin and the aggregated crypto market. While BTC is stuck within a bout of sideways trading, altcoins have been facing massive inflows of selling pressure as…
SushiSwap (SUSHI) Vies for Buyers as Liquidity Pool…
There is nothing delicious about SUSHI anymore. The SushiSwap decentralized exchange’s governance token continued on its downtrend as its price fell another 15 percent in the new week. As of 1130 UTC, SUSHI/USD was trading…
Lagging Bitcoin futures premium shows BitMEX is losing…
For BitMEX, 2020 has been quite a rough year and from the look of things it’s only set to get worse. The popular derivatives exchange is no longer as relevant and impactful on crypto market…
Uniswap’s UNI Could Drop a “Lot Lower” as…
Uniswap’s UNI token has been sliding lower over the past few days, and there’s no end in sight to its ongoing descent. The strength of this selloff has been intense and has struck a serious…
Why traders expect ‘boring’ Bitcoin and altcoin price…
Bitcoin (BTC) price has been stuck in a range for weeks now but traders generally expect a slow fourth quarter for the top-ranked digital asset. Bitcoin quarterly returns (%). Source: Skew.com In 2018 and 2019…
This Indicator Suggests Chainlink is Poised to See…
Chainlink’s price action has been all over the place throughout the past few weeks, with it first seeing a bout of capitulation that sent it to lows within the $7.00, before it was able to…
BitMEX OI is Trending Higher as Traders Flip…
It has been a wild week for the crypto markets, with investors having to digest a plethora of news developments that largely favored Bitcoin bears. That being said, the market surprisingly didn’t react too negatively…
Three key reasons Dow plunge wont cause a…
The United States stock market plunged as the Dow Jones Industrial Average (DJIA) dropped 358 points in pre-market trading. The Bitcoin (BTC) price dropped to as low as $10,374 across major exchanges, but a larger…
Here’s Why Bitcoin’s Latest Monthly Close Has Struck…
Bitcoin had a major macro candle close yesterday, posting both its monthly and quarterly candle. Although BTC saw little volatility heading into this close, the cryptocurrency was able to hold well-above $10,500 before and after…
Bitcoin rises against USD after Mnuchin promises second…
Bitcoin (BTC) may see a price boost this week as the U.S. dollar currency index (DXY) weakens and one analyst tells American voters to buy. Data showed DXY dropping for a fourth day on Oct.…
Market Wrap: Bitcoin Retests $10.8K; Total Value Locked…
Bitcoin’s price tested $10,800 to close out September while despite some market deflation, investors continue pushing crypto into DeFi. Bitcoin (BTC) trading around $10,701 as of 20:00 UTC (4 p.m. ET). Slipping 0.27% over the…
Analysts Believe Chainlink is Poised to Rally by…
Chainlink has struggled to maintain its foothold above $10.00, which was lost when the token faced a massive influx of selling pressure that drove its price lower overnight. Bulls have since re-surmounted this level and…
Here’s Why Uniswap’s UNI May Be Far from…
Uniswap’s governance token – dubbed UNI – has been struggling to form a long-term bottom, as each rally results in it seeing significant selling pressure that stunts its growth and leads to further downside. This…
Traders discuss what’s next for Bitcoin after abrupt…
The price of Bitcoin (BTC) abruptly dropped on Sep. 29 from $10,950 to $10,630 overnight, recording a 3% drop. Following the rejection at $11,000, the sentiment of traders remains mixed. Some are cautiously optimistic under…
Bitcoin Expects to Hit Yearly Highs on UBS’s…
Bitcoin is looking to resume its uptrend towards $12,500 based on its proximity with traditional rival gold. The analogy pops out of an erratic positive correlation between the two assets that have caused them to…
Is the KuCoin Hack Bigger than $150M? On…
There has been a marked decline in both the number of cryptocurrency exchange hacks and the amount of capital that has been stolen through this flavor of cybercrime. In 2018, $875 million was stolen in…
Uniswap’s UNI Token is “In Trouble” as It…
Despite the entire crypto market currently showing signs of strength, Uniswap’s governance token – called UNI – has been struggling throughout the past day, with sellers gaining full control of its near-term trend. The token…
Bitcoin Reclaims Crucial Technical Level; Is a Parabolic…
Bitcoin has seen a strong move higher throughout the past 12 hours, which has come about as a direct result of the cryptocurrency’s strong weekly candle close. Analysts are now noting that it may be…
Yearn.finance (YFI) Posts Bullish 3-Day Close as Analysts…
Yearn.finance’s price has seen some turbulence in the weeks following its intense rally to all-time highs of over $40,000. The governance token for the Yearn ecosystem – YFI – has been largely consolidating in the…
Ultimate Bitcoin bull case: trader says 23 factors…
A pseudonymous Bitcoin (BTC) trader outlined 23 key technical and fundamental factors that could buoy BTC’s medium-term bull case. The data points shared by the trader, known as “Byzantine General,” fit into four major themes.…
Uniswap’s UNI Token Gains Gemini Listing: Here’s What…
Uniswap’s UNI token has seen its price stagnate in the time following its rebound from lows of $3.75. Shortly after being announced, the token gained listings on a plethora of exchanges, including Coinbase, Binance, and…
‘Bulls have won’ — Bitcoin whale clusters suggest…
Bitcoin (BTC) whale clusters indicate that the price could be in a short-term trend reversal after BTC’s recovery beyond $10,700. In the past two days, BTC price rose by nearly 6% from $10,135 to $10,755…
Analyst: Chainlink Could Still Set Fresh Lows Despite…
After a multi-week bought of grinding lower, Chainlink saw a capitulatory decline earlier this week that came about in the form of a sharp downturn. This caused LINK to plummet to lows of under $7.50…
3 reasons why traders turned bullish after Bitcoin…
Today the price of Bitcoin (BTC) abruptly rose by 6% from $10,136 to as high as $10,743. After this powerful 24-hour rally, analysts are now turning cautiously bullish for various reasons but will Bitcoin price…
Whale clusters pinpoint 4 critical short-term Bitcoin price…
The latest Bitcoin (BTC) whale clusters’ data shows four key short-term price levels could potentially act as resistances, namely $10,369, $10,570, $10,734 and $10,842. The hourly map of unspent Bitcoin from whales. Source: Whalemap Whalemap,…
Bitcoin price ‘worst-case scenario’ is now $7,000 —…
Bitcoin (BTC) hitting $7,000 is now the “worst-case scenario,” veteran trader Tone Vays said on Sep. 23. In the latest episode of his Market Pulse YouTube series, Vays said he was looking for a BTC…
Chainlink Reaches Critical Support as Analysts Forecast a…
Chainlink’s price action has been quite grim as of late, with it facing unusual inflows of selling pressure as investors begin jumping ship. The mass exodus of capital away from the cryptocurrency has caused its…
This Analysis Suggests December Will Be a Crucial…
Bitcoin’s price action has done little to offer investors with clarity into its near-term outlook. The benchmark digital asset has been trading around $10,500 for the past few days, with each push higher or lower…
Here’s What Could Be Fueling Uniswap Token’s Rapid…
Uniswap’s newly released governance token – called UNI – has seen some immense volatility in the time following its launch. After rallying from lows of $1.00 to highs of $8.50, the cryptocurrency’s price has been…
Chainlink Could Soon “Nuke” Lower if It Breaks…
Chainlink’s price has been sinking like a stone throughout the past few days and weeks, with buyers being unable to garner any sustainable bullish momentum as the cryptocurrency faces immense inflows of selling pressure. This…
Bitcoin Traders Say Options Market Understates Likelihood of…
The November U.S. presidential election could be contentious, yet the bitcoin market is pricing little event risk. Analysts, however, warn against reading too much into the complacency suggested by the volatility metrics. Bitcoin’s three-month implied…
Bitcoin price hits $11,100 wall and drops 6%…
The price of Bitcoin (BTC) brutally rejected the $11,100–$11,300 resistance range with a 6% drop. Following the steep pullback, analysts remain cautiously optimistic toward BTC and the rest of the cryptocurrency market. Analysts have generally…
Uniswap’s UNI Token May Reel to $3.30 as…
Uniswap’s UNI token launch generated massive hype for around 24 hours, leading the token’s price to surge up to highs of $8.50 before the hype faded and the cryptocurrency’s price plunged lower. It doesn’t appear…
Chainlink Faces Grim Outlook as it Nears Bedrock…
Chainlink’s price has been witnessing massive inflows of selling pressure throughout the past few weeks, with buyers being unable to garner any control of its mid-term trend in the time following its rejection at $20.00.…
Indicator Shows Bitcoin’s Selloff May be Running Out…
It has been a rocky past day for Bitcoin, with the benchmark crypto posting massive losses as buyers struggle to garner significant momentum. This selling pressure has sent shockwaves throughout the entire cryptocurrency market, causing…
Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company…
Nasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when…
Bitcoin price volatility expected as 47% of BTC…
The open interest on Bitcoin (BTC) options is just 5% short of their all-time high, but nearly half of this amount will be terminated in the upcoming September expiry. Although the current $1.9 billion worth…
Bitcoin is About to Tap a “Do or…
Bitcoin’s price action has been somewhat stagnant as of late, with the selling pressure found throughout the lower-$11,000 region proving to be too much for bulls to break. Today, however, buyers have been stepping up…
Market Outlook: Bitcoin Breaks $11K, Whales Refuse to…
The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during…
MCS, First Exchange to list TRON’s SUN and…
Singapore, September 20, 2020 — For the first time in the industry, MCS (MyCoinStory), a global cryptocurrency derivatives exchange announced the listing of SUNUSDT futures contract on September 18, 2020. Just a day prior to…
Ethereum’s Market Dominance is Poised to Surge; Here’s…
Ethereum has been at the center of some of the largest developments within the crypto market throughout the past several weeks and months. Nearly the entire DeFi ecosystem is built upon the Ethereum blockchain, which…
Uniswap’s Token UNI Stable Above $5.50 as Negative…
Uniswap’s recently released token – called UNI – has seen massive inflows of investments throughout the past day, with the large buy-side orders far outweighing the relatively small sell orders from users who received 400…
More pump than dump: 22% UniSwap (UNI) price…
Earlier today Yearn.finance (YFI) and Ether (ETH) rose sharply after Uniswap’s governance token UNI plunged 22% from $8.00 to $6.80. Cryptocurrency daily market performance snapshot. Source: Coin360 UNI, which launched less than 48 hours ago,…
Uniswap’s UNI Holds Steady Despite Sell-Side Pressure; What…
Uniswap – the decentralized crypto exchange of choice amongst traders and investors – sent shockwaves throughout the market with the launch of their native governance token called UNI. The launch of UNI was unlike any…
Bank of England talks negative interest rates in…
Bitcoin (BTC) is getting its best “advertisement” once more as another major central bank floats the idea of charging people to save their money. As Bloomberg reported quoting minutes of a meeting held Thursday, the…
Here’s How Low Chainlink May Plunge Before Continuing…
Chainlink has been flashing signs of intense weakness throughout the past few days, with the cryptocurrency breaking below the lower boundary of its long-held trading range as its buying pressure begins dissolving. This type of…
Bitcoin Miner Outflows a Grave Sign for BTC…
Bitcoin has seen some intense strength throughout the past several days, with the cryptocurrency marching from lows of $9,900 to highs of over $11,000 that were set today. This strength is somewhat unique in that…
Market Wrap: With Fed Rate Policy Unchanged, Bitcoin…
Bitcoin’s price continues to move up, with a little help from the U.S. Federal Reserve, while ether traders are hedging in the options market. Bitcoin (BTC) trading around $10,979 as of 20:00 UTC (4 p.m.…
These 10 Bitcoin price indicators say BTC is…
Bitcoin (BTC) is a firm “buy” according to a range of on-chain indicators that are flashing bullish this week. Collected by on-chain monitoring resource CryptoQuant, a total of ten indicators are currently telling investors to…
Market Wrap: Bitcoin Hits $10.9K; Total BTC Locked…
Bitcoin is making gains not seen since early September; the amount of BTC locked in DeFi hits six figures. Bitcoin (BTC) trading around $10,778 as of 20:00 UTC (4 p.m. EDT). Gaining 0.70% over the…
Bitcoin Could Soon See Explosive Momentum if It…
Bitcoin’s bulls are flexing their strength today, pushing the benchmark digital asset towards $11,000 as they attempt to reverse the recent downtrend that it has been caught within. There’s no doubt that today’s move –…
Bitcoin Address Activity Points to Ongoing Trend Reversal
Bitcoin’s fundamental strength has been growing in recent weeks, which is starting to be reflected in its price action. After an extended bout of technical weakness as BTC traded within the lower-$10,000 region, the digital…
Top crypto traders explain why Yearn.finance (YFI) may…
Over the weekend YFI, the native token of Yearn.finance, reached a new all-time high at $43,966 on Binance exchange. This occurred as the crypto market was still reeling from Bitcoin’s (BTC) sharp 17.5% correction which…
Max boredom: potential Bitcoin scenario with low volatility…
The price of Bitcoin (BTC) increased by 3% in the last 24 hours from $10,322 to $10,680. But BTC still faces a significant resistance level around $11,000 and has seen low volatility since Sep. 3.…
Binance Coin (BNB) Sees Parabolic Rise as Popularity…
Binance Coin has been caught within the throes of a parabolic uptrend in recent weeks, with the price of BNB rocketing higher amidst a mixture of increased demand for the Binance exchange coupled with demand…
Bitcoin price abruptly drops 3% after miner outflows…
The price of Bitcoin (BTC) dropped from $10,580 to as low as $10,258 on Coinbase on Sep. 13. The 3% fall within nine hours comes after on-chain data hinted at a potential miner sell-off. Miners…
Traders Flip Short on Chainlink as It Flashes…
Chainlink has been caught within a prolonged consolidation phase throughout the past few weeks, with the cryptocurrency largely trading between $12.00 and $12.70. This consolidation has done little to offer insights into its near-term outlook,…
A DeFi bull run might take $400 Ethereum…
Ether (ETH) price gained 14% from its Sept. 6 low at $320, but this month's futures and options expiry is less than two weeks away. As its price is still pinned below $400, this raises…
Tezos (XTZ) Reaches Critical BTC Support as Sellers…
Tezos has been caught within a firm consolidation phase against its USD trading pair in recent weeks, with the cryptocurrency being unable to garner any clear independent momentum. That has caused its price to range…
Structural Issues May Be Causing BitMEX’s Low Bitcoin…
BitMEX may be one of the largest crypto derivatives platforms, but it offers the lowest return on bitcoin “cash and carry” trades. Currently, the return offered by Seychelles-based BitMEX on a three-month basis is 2.71%…
This Single Chart Suggests XRP May Rally Up…
XRP has been moving in close tandem with Bitcoin and the aggregated crypto market throughout the past few days and weeks, with the crypto largely consolidating within the mid-$0.20 region as it continued finding support…
Stocks may push Bitcoin to $10.8K, says trader…
Bitcoin (BTC) may get a “relief” rally closer to $11,000 as stock markets recover and concerns remain over the U.S. dollar. In a tweet on Sep. 8, Cointelegraph Markets analyst Michaël van de Poppe said…
Bitcoin Tapping This Key Trendline Could Spark an…
Bitcoin has been seeing some rocky price action throughout the past couple of days. There has been an err of caution amongst investors in recent days, with Bitcoin’s position around $10,000 suggesting that its price…
Chainlink Posts Relief Rally, But One Analyst is…
Chainlink saw a massive decline earlier this week that sent its price plunging to lows within the sub-$10.00 region. The cryptocurrency is beginning to show some signs of strength as it rebounds from these lows,…
Here’s the Key Level Bitcoin Needs to Break…
Bitcoin has seen some mixed price action throughout the past several days and weeks, struggling to garner any sustained buying pressure as its price hovers just above its crucial support between $9,900 and $10,000. The…
Crypto Long & Short: What Investors Get Wrong…
In a week in which we are yet again reminded how sharply sentiment can shift in crypto asset markets, it’s appropriate to look at the role volatility plays in our narratives, our portfolios and our psyches. …
This Textbook Signal Predicts Ethereum Has Room to…
Ethereum has faced a strong correction over the past few days that easily overshadows Bitcoin’s move. From the local highs near $490 to the local lows, the cryptocurrency fell by over 35%, shocking most investors…