The recent 34.4% rally Bitcoin achieved stabilized the market after almost a month of a consolidated downtrend and the rally also reflected on Ethereum. When it comes to altcoins it is assumed they follow Bitcoin’s lead thus at the moment they should be rising as well. However, while Ethereum did follow BTC and jumped inContinue reading “How profitable is Ethereum in the current market”

Bitcoin had a strong 26.7% rally (as of press time) that made spot trading very profitable for investors, but the interesting fact is that this rally benefited the derivatives markets as well. Observing on-chain metrics show that Bitcoin Futures and Options performed as well. The most interesting fact was the sudden rise in one particularContinue reading “Is this the right time to enter Bitcoin derivatives market”

Bitcoin rallies every now and then, trends change, and new levels are established. But this rally, in particular, holds a lot of importance presently because it brought much-needed relief from the earlier dips. On the whole, there is a strong indication of a short-term bull market.  Bitcoin seems profitable To gain perspective on this profitabilityContinue reading “Understanding Bitcoin profitability in the current market”

Bitcoin had a strong rally over the last couple of days, placing the coin at $37,000 also reaching $40,000 earlier in the day yesterday. So naturally the question of “Is this a bull run?” comes to one’s mind. Considering what on-chain metrics and analysts say, the answer might not be what one would expect. BitcoinContinue reading “Bitcoin: Making the most of this bull run”

Bitcoin and its network’s hash rate took a huge blow when China “banned” mining in the country. This decision’s impact could be long-lasting and while it did affect the investors, it was the miners who in a way suffered the most. But now the miners’ situation seems to be getting better as the “The GreatContinue reading “Bitcoin: These 3 metrics are important to keep track of”

Bitcoin is more than just a cryptocurrency and a store of value asset. For a lot of people, it is their regular source of income. When China ‘banned’ mining operations in the country, its repercussions were felt around the world. In fact, the impact was huge enough to correct Bitcoin’s price for a short while.Continue reading “What this metric means for Bitcoin’s capitulation concerns”

Ethereum made significant gains less than 24 hours ago after the altcoin climbed from $1788 to $1995 in 1 day. This 11.7% hike brought the dying hopes of Ethereum investors back to life. While many looked at this as an opportunity to make gains, others were of the opinion that the long-term picture was theContinue reading “What is making investors cautious about Ethereum”

Altcoins and their price movements are assumed to follow Bitcoin forever and ever. But somehow, despite the weak market cues and bearish Bitcoin movement, some altcoins seem to be charting their own path. 2 major altcoins, however, have silently prepared themselves for a major trend change on the charts. So, is this the perfect momentContinue reading “Wait for this before getting into Cardano or Chainlink again”

To many, Ethereum is a cause for concern right now since its price action, despite recent recovery efforts, hasn’t by and large been in the right direction. In fact, not only is the world’s largest altcoin losing investors, but it is also losing a lot of money from the market. ETH’s market capitalization, for instance,Continue reading “Ethereum: Did recent gains even make a difference?”

Bitcoin has been holding itself around the lower ranges of its chart for quite some time now. This consolidation has resulted in a weird pattern being repeated, one which has made investors question their decisions. Does this mean they will begin accumulating or are they about to dispose of their BTC? These metrics will helpContinue reading “Here’s what you should know before buying Bitcoin right now”

Bitcoin as “digital gold” holds a lot of value in the market for everyone, especially for institutions. It’s natural for them to jump at an advantageous situation, be it bullish or bearish. Thus, it comes as no surprise that with Bitcoin falling at the moment, institutions seem to be pulling out as well. However, theirContinue reading “How are institutions pushing this case for Bitcoin”

Ethereum is the second biggest cryptocurrency in terms of market cap. Naturally, any movement it makes will catch everyone’s attention. Or in this case, the lack of movement. Just recently, Ethereum’s co-founder Anthony Di Iorio quit the crypto-space entirely citing safety concerns. While announcing his exit, he said, “A lot of times [cryptocurrency is] notContinue reading “Is it right to say this about Ethereum?”