Saturday, December 5, 2020

Joseph Young

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Ethereum options volume hits record high—but why is demand surging?

The volume of the Ethereum options market hit a record high as the demand for ETH increased in recent weeks. It follows the high-profile...

The YFI bull case: why some researchers are becoming more optimistic on Yearn.finance

In recent weeks, Yearn.finance, the decentralized finance (DeFi) giant valued at $854 million, made major acquisitions of other DeFi projects. The aggressive acquisitions and...

What happens to Bitcoin after 9% plunge in 2 Hours? Analysts explain

The price of Bitcoin dropped 9% in 2 hours and then quickly recovered. Analysts remain divided on the direction of BTC in the near...

The real roadblock Bitcoin faces is at $20k—and whales are awaiting

The real roadblock Bitcoin (BTC) faces is at $20,000, near its all-time high. Albeit its record high is different across major exchanges, it already...

Bitcoin at “Last Line of Defense” Before ATH as it Hits $19,300: Analysts

The price of Bitcoin has surpassed $19,300 once again, after dropping to as low as $16,200 on November 26. Following BTC’s surprising intraday rally,...

Barrons says “Big Money” is driving the Bitcoin rally

The price of Bitcoin (BTC) is hovering above $18,000 following a massive short-term correction to $16,200. Barrons reported that “Big Money” is driving BTC...

3 reasons Stellar (XLM) saw a 166% rally within five days

The price of XLM, the native cryptocurrency of the Stellar blockchain, has been showing strong momentum. There are three reasons why XLM saw a 166%...

High-net-worth Bitcoin investors aren’t all bearish—potential reasons why

High-net-worth investors are not all that bearish on Bitcoin despite the recent drop. Since its yearly peak, BTC plummeted by nearly 17%, but major...

Bitcoin derivatives market hasn’t been this wrecked since the March crash

On November 26, the Bitcoin futures market recorded nearly $800 million in long contract liquidations alone. It marked the worst day for the derivatives...

Counterargument: why China seizing $3.2B in Bitcoin and Ethereum isn’t a big deal

According to a report from CoinDesk, the Chinese government has seized $4.2 billion worth of cryptocurrencies. Among them is 194,775 BTC, worth $3.2 billion....

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