3 reasons why Elrond (EGLD) price soared above $245
Elrond price rallied to a record high as the project’s pivot toward NFTs and DeFi attracts new users and investors. Go to Source Powered by WPeMatico
Market Analysis
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New milestone reached as 100 cryptocurrencies reach a $1B market cap
In the past two months, the number of crypto projects with a $1 billion market cap doubled as increased adoption pushes token valuations higher. Go to Source Powered by WPeMatico
Blockchain-based renewable energy marketplaces gain traction in 2021
Blockchain projects focused on optimizing the energy sector are gaining traction as greater emphasis is placed on conservation and efficiency. Go to Source Powered by WPeMatico
Bubble or a drop in the ocean? Putting Bitcoin’s $1 trillion milestone into perspective
Bitcoin is relatively small compared to stocks and real estate, and those holders might reinvest dividends in other assets. Go to Source Powered by WPeMatico
Bitcoin futures premium hits 30% but analyst says ‘This time it’s different’
Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%. Go to Source Powered by WPeMatico
Pro traders close Ethereum longs even after today’s $1.15B options expiry
Data shows pro traders who bought the Ethereum price dip below $1,600 are now booking profits even though today’s $1.15 billion options expiry was uneventful. Go to Source Powered by WPeMatico
3 reasons why Bitcoin traders keep a close eye on the futures funding rate
Analysts frequently correlate a high perpetual futures funding rate with market crashes, but is this the best way to analyze the metric? Go to Source Powered by WPeMatico
Bitcoin network’s computing power: Is it an accurate predictor of BTC price?
Drops in Bitcoin’s hash rate coincided with some big BTC price corrections in the past. Go to Source Powered by WPeMatico
Ethereum bulls may reemerge after March $1.15B ETH options expiry
Up to $1.15 billion worth of Ethereum options are set to expire on March 26 and data suggests bullish traders may make a show of force after the expiry. Go to Source Powered by WPeMatico
Key Bitcoin price metric shows pro traders increased their BTC longs
Data shows pro traders increased leveraged long positions even as the Bitcoin price traded in a tight range this week. Go to Source Powered by WPeMatico