Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside
On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery. Go to Source Powered by WPeMatico
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BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools
12 new vaults, quad-stablecoin liquidity pools and an integration with Oasis Network could be the factors behind BIFI’s current triple digit gain. Go to Source Powered by WPeMatico
MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset. Go to Source Powered by WPeMatico
Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip. Go to Source Powered by WPeMatico
Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence
The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers. Go to Source Powered by WPeMatico
Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price. Go to Source Powered by WPeMatico
First 7-week losing streak in history ― 5 things to know in Bitcoin this week
Doom and gloom and an overall sense of unease pervades the market ahead of the World Economic Forum. Go to Source Powered by WPeMatico
Terra’s Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in Review
With the nightmare nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in Bitcoin Obituaries, and some hoping for a rare triple top to appear for BCT, the past week has been full of shock, questions, speculation, and broader market resilience … Read more
Bitcoin price could bounce to $35K, but analysts say don’t expect a ‘V-shaped recovery’
Daily closes above $30,000 could be a sign that BTC price is ready to consolidate, but traders warn against “generational bottoms” and “V-shaped” recoveries. Go to Source Powered by WPeMatico
Bitcoin and Ethereum had a rough week, but derivatives data reveals a silver lining
BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears. Go to Source Powered by WPeMatico