Quick take: Despite a rough few days, Bitcoin is still in profits for Q3 2020 July 1st found Bitcoin trading at roughly $9,100 BTC is currently trading above the $10,300 support level In the last 24...
In summary: Justin Sun has hinted of launching a wrapped version of Bitcoin on the Tron network Such a move would bring Bitcoin’s value to Tron’s DeFi ecosystem Furthermore, it would capitalize on the efficiency of...
Quick take: Bitcoin took a nosedive from $11,600 to $10,460 levels in 6 hours BTC has lost several support zones on its way down Over $348 Million in Bitcoin contracts has been liquidated in the last...
Quick take: Dave Portnoy has urged crypto traders to get into the stock markets while it is still profitable to do so He adds that Bitcoin is stuck in the mud as seen with BTC’s earlier...
Quick take: The popularity of DeFi has led to Wrapped Bitcoin’s supply more than doubling in the month of August WBTC is an ERC20 token pegged to the price of Bitcoin It gives Bitcoin the flexibility...
Quick take: Bitmex has finally launched a mobile app Bitmex had long been without a mobile app and users had requested it for quite some time The mobile app will provide users with a full range...
In summary: A recent report by the team at Crypterium research postulates that Bitcoin could drop further The analysis is based on the weekly Bitcoin chart and predict a retest of $11k and/or $10k Furthermore, they...
In summary: Tyler Winklevoss has published a report pleading the case for a $500,000 Bitcoin value Published under Winklevoss Capital, the report states that BTC is undervalued by a factor of 45x Furthermore, the team at...
Quick summary: Tether’s daily trade volume has eclipsed Bitcoin’s. Similarly, Tether’s 7-day average transfer value has flippened BTC’s. USDT’s market cap has now hit $13 Billion hinting that Tether could eventually edge out Ethereum This year,...
In brief: Approximately 62,000 BTC options expire this Friday, 28th August. The expiration of Bitcoin futures and options is known to have a significant impact on the price of BTC. A possible scenario is Bitcoin testing...
In summary: There is only one week left in the month of August. $11,600 and $11,200 are two support levels to watch for the remainder of the month. A monthly close above any of these two...
In summary: Yearn Finance (YFI) has eclipsed Bitcoin’s value and posted a new all-time high of $16,700. The popularity of DeFi is one reason YFI is gaining in the market. YFI has a very low circulating...