Friday, February 26, 2021

Joseph Young

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Fund manager outlines 4 silver lining to recent Bitcoin sell-off

The price of Bitcoin steeply pulled back yesterday, on February 23. Following the major 17% correction, investors and fund managers remain generally optimistic. What’s behind...

On-Chain Data: The Last Time This Happened, Bitcoin Rose Another 2x

According to Glassnode’s Bitcoin MVRV Z-Score indicator, Bitcoin is about to cross the red zone. The last time BTC saw this trend, it rallied...

Why traders say Ethereum will continue to outperform Bitcoin in the short-term

Ethereum futures daily trading volume on CME doubles since last week The daily trading volume of Ethereum (ETH) futures on the Chicago Mercantile Exchange (CME)...

Why Ethereum is stagnating behind Bitcoin after its rally to new record-high

The price of Ethereum is declining against both Bitcoin and the U.S. dollar. This comes as the dominant cryptocurrency soared to a new all-time...

JPMorgan co-president admits the demand for Bitcoin will come at “some point”

In a conversation with CNBC about Bitcoin, JPMorgan co-president Daniel Pinto said the demand for Bitcoin will come at “some point.”Albeit the message seems...

Real Adoption: How Will Mastercard’s Crypto Acceptance Affect Bitcoin Price?

Mastercard, the leading credit card conglomerate, will allow its users to utilize some cryptocurrencies on its payment network, becoming the latest to adopt crypto....

Market digest: Bitcoin rallies to new record-high after big dip, what’s behind it?

The price of Bitcoin has rallied to a new all-time high above $48,500 merely hours after it saw a large dip to around $43,800. Bitcoin...

Bitcoin “call buying frenzy” occurs, will options market demand fuel another rally?

According to the data analytics platform Laevitas, the Bitcoin options market is seeing a “call buying frenzy.” This means that the buyer demand for...

Why DeFi blue-chips SUSHI and AAVE severely pulled back after Bitcoin rally

SUSHI and AAVE, the governance tokens of major DeFi protocols SushiSwap and Aave, severely pulled back after the price of Bitcoin rallied beyond $40,000.Analysts...

Aave surges 50%: What’s behind the meteoric rally?

AAVE, the native governance token of the Aave lending protocol, rose by over 50% within the past day. The rally comes as the entire...

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