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Ethereum Activity Metric Hits Highest Level for 2 Years
Levels of activity on Ethereum have peaked to their highest in two years, going by one metric. The seven-day moving average of the number of […]
Prices
Cardano at One-Year High on Shelley Upgrade
Cardano (ADA) continues to skyrocket. The eighth-largest cryptocurrency by market value jumped to $0.1021 on Saturday to hit its highest price level since June 2019. […]
Bitcoin Rises in Line With Stocks After Dip Below $9K
Bitcoin’s positive correlation with stocks continues Monday, with the cryptocurrency drawing bids alongside gains in global equities. As of 09:35 UTC, the leading cryptocurrency by […]
Search For Yield Drives Ether’s Put-Call Ratio to One-Year High
Investors’ search for yield has pushed a widely tracked ether options market metric to its highest level in 12 months. The put-call open interest ratio, […]
Bitcoin’s Price Correlation With S&P 500 Hits Record Highs
Ever since its inception, bitcoin has been dubbed “digital gold,” given it is durable, fungible, divisible and scarce like the precious metal. However, while gold […]
Bitcoin Still Up 27% This Year Despite Dismal June Performance
Bitcoin (BTC) is still outperforming the top traditional financial assets so far in 2020 – even after a dour performance this month. At time of […]
Bitcoin Closes in the Green Sunday to End Longest Daily Losing Run in 6 Months
Bitcoin chalked out minor price gains on Sunday, ending its longest run of daily losses for half a year. The leading cryptocurrency by market value […]
Coinbase Lists Compound’s COMP Token for Retail Crypto Traders
The COMP token may have been around for less than two weeks, but it’s already been listed on both Coinbase’s retail and Pro platforms. The […]
A Key Thesis for Bitcoin’s Long-Term Bull Market Just Got a Knock
A popular narrative argues that the massive stimulus programs from the Federal Reserve, launched to counter a coronavirus-induced recession, could hyperinflate the economy and fuel […]
Bitcoin Options Market Faces Record $1 Billion Expiry on Friday
Bitcoin’s (BTC) derivatives continue to grow despite light spot trading over the past two months. The cryptocurrency’s options market is on its way to a record […]