Peter Brandt, a veteran financial analyst and trader, is questioning whether Bitcoin has more upside in the near term. Bitcoin (BTC) faces the prospects of falling further even after its price made a strong recovery after crashing from $65,000 to $30,000 in May 2021. So, it reflects in the latest statements from Peter Brandt, chief …
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Both Yearn and Convex rely heavily on Curve, but that doesn’t necessarily mean the two are in competition. While much of the market reels from a devastating pullback that has dragged DeFi’s closely-watched total value locked (TVL) figure down from all time highs, one protocol is shrugging off the macro weight and surging up the …
Continue reading “Possible Yearn rival Convex Finance passes $1 billion in total value locked”
The mainstream market now has a new way of buying and selling the crypto asset Polkadot — via an exchange-traded product. The mainstream financial world has taken notable strides to incorporate various crypto assets. A new exchange-traded product (ETP) for Polkadot (DOT) recently surfaced on a mainstream exchange in Sweden. The Nordic Growth Market now …
JPMorgan analyst Nikolaos Panigirtzoglou said that a medium-term fair value for Bitcoin now stands between $24,000 and $36,000. Following the worst May for Bitcoin’s (BTC) price in the past 10 years, the largest cryptocurrency is likely to continue falling in the short term, according to JPMorgan analysts. Weakened institutional demand is likely to drag the …
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Riksbank governor Stefan Ingves said there’s “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline. Cryptocurrencies’ persistent growth and ever more mainstream adoption are keeping international monetary authorities on their toes. In fresh comments this week, Stefan Ingves, the governor of Riksbank — Sweden’s central bank — said that digital …
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DOGE trading will be rolled out in three phases, the exchange said. Traders will be able to access the coin via BTC, ETH, USD, EUR and USDT. Coinbase Pro, the professional trading arm of the Coinbase cryptocurrency exchange, has begun accepting inbound transfers for Dogecoin (DOGE), setting the stage for wider adoption of the meme-based …
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DeFi projects are starting to get creative with their outreach and marketing strategies. One of the most intractable problems in DeFi may be facing a ecosystem-wide effort as a growing number of protocols are beginning to get creative with their advertising and outreach efforts. Automated market maker Uniswap announced today a collaboration with esports group …
Whitelisted Coinbase Card users will be able to use crypto to pay via Apple Pay and Google Pay while earning up to 4% in rebates. Online shoppers who pay with their Coinbase Card via Apple Pay and Google Pay will begin enjoying crypto rebates. In an announcement issued on Coinbase’s blog on Tuesday, the exchange service …
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This week is when volatility returns and a make-or-break moment for BTC/USD hits, traders believe. Bitcoin (BTC) is nearing the end of a consolidation period, which traders are betting will spark a fresh bullish breakout. In a tweet on Tuesday, popular trader Crypto Ed became the latest voice in the expanding bullish movement calling time …
Continue reading “Bitcoin price D-Day starts ‘any moment,’ says trader, as BTC reclaims key level”
ETH Ethereum is looking to set an important price low after the recent slump and one hedge fund analyst sees ETH in a similar position to MySpace before the arrival of Facebook. In an article on May 31, Bloomberg suggested that Ether would overtake Bitcoin as the world’s cryptocurrency of choice, while US investment bank …
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This post will show you the 5 best crypto prediction blogs that give accurate cryptocurrency price predictions based on historical data analysis using advanced AI, complex algorithms, and other considerations, including economic indicators, market analysis, and forecasts. Here are the 5 Best Crypto Prediction Blogs: 1. CryptoPredictions At CryptoPredictions, you are sure of getting accurate …
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Folks looking to build solutions involving Dusk’s privacy-focused blockchain can apply for support, as the company has $5 million to dish out. The crypto space has grown significantly in recent years, with various projects harnessing different blockchains for their solutions. Dusk Network, a blockchain focused on privacy, now offers projects the opportunity to apply for …
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Hong Kong-based Integrated Whale Media Investments has held a majority stake in Forbes since 2014. Blockchain holding group Borderless Services Inc. made headlines in late April amid reports that it had placed a $700 million bid to acquire business news publisher Forbes Media LLC. In an interview with Cointelegraph, CEO Patrick McConlogue shed light on …
Elon Musk doesn’t have a monopoly on Twitter chatter, as these five cryptocurrency flavors-of-the-month proved in May. In the realm of digital assets, Crypto Twitter is a major seat of power. Memecoins and serious large-cap assets alike can see their value rise or fall depending on whether the whimsical Twitter crowd decides to pay attention. …
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A confluence of technical and fundamental indicators suggests that Ethereum could maintain its monthly bullish outlook despite the latest price correction. As of June 1, Ether (ETH) has dipped by more than 40% after establishing a record high of $4,384 in May. The major move downhill in the world’s second-largest cryptocurrency by market cap has …
Continue reading “3 potential bullish catalysts for Ethereum price in June”
