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Bitcoin and select altcoins are facing selling at higher levels, indicating that short-term traders may be booking profits after the recent rally. Go to Source Powered by WPeMatico
Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher. Go to Source Powered by WPeMatico
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from $171 billion. Defi Tokens Skyrocket, … Read more
Grayscale Investments has added solana and uniswap to its large-cap investment fund. This is the first time solana has been added to a Grayscale fund. The company now offers 15 funds, two of which are diversified portfolios. Solana and Uniswap Added to Grayscale Fund Grayscale Investments, the world’s largest digital currency asset manager, announced Friday … Read more
Correlation does not imply causation, but these 3 indicators did signal prior to Bitcoin’s recent push to $49,000. Go to Source Powered by WPeMatico
Bitcoin bulls have set their sights on $50,000 and this renewed push is also boosting large and small-cap altcoin prices. Go to Source Powered by WPeMatico
Sky Mavis, the team that created the Ethereum-powered non-fungible token (NFT) game Axie Infinity, revealed the project plans to launch a decentralized exchange (dex), according to the company’s co-founder Jeff Zirlin during a podcast with Frank Chaparro. Moreover, Axie Infinity recently captured over $2 billion in NFT sales, making it the second-largest project in terms … Read more
Grayscale’s GDLC Fund now includes Solana and Uniswap at 3.24% and 1.06% respectively after reducing LTC and BCH holdings. Go to Source Powered by WPeMatico
Historical data suggests that October is a good month for Bitcoin bulls, and today’s push above $47,600 could be a signal of what’s to come for BTC and altcoins. Go to Source Powered by WPeMatico
A week-long pattern of daily lower highs suggests bulls will be unable to flip $43,000 to support and this could weigh on the fledgling recovery seen across many altcoins. Go to Source Powered by WPeMatico