Last Thursday, the U.S dollar surged ahead of a basket of currencies, after data suggested that producer prices had recorded their largest annual increase in more than 10 years. Inflation pressures remain strong in this context, and over time, the increasing interest in Bitcoin has led to many other discussions. Many analysts have contemplated onContinue reading “What does the Bitcoin – M2 supply correlation mean, for the U.S. dollar?”

Bitcoin v. Gold. This narrative is perhaps as old as the cryptocurrency itself. In fact, comparisons between Bitcoin and Gold have continued through the bull and bear cycles of the past year too. That being said, however, the fundamentals have also changed significantly since. Bitcoin, unlike in 2017, is promoting consistent stability in the market,Continue reading “Is Bitcoin finally more credible than Gold now”

Over the past few weeks, the increasing price of Bitcoin has slowly fueled a hike in institutional interest. Now, it isn’t surprising per se to witness growing engagement right now. Especially since BTC’s value hitting $50k before correcting was bound to create some ripples. According to data, the Open Interest on CME Bitcoin Futures hasContinue reading “What you might be missing about the institutional approach to Bitcoin”

August 2021 is now past us, with Bitcoin marching into the third month of Q3. After a massive correction of 40.39% in Q2, the crypto’s value has appreciated by around 35.39% this quarter. The asset is now entering the final month of the quarter. And, potential bullish pressure would be needed to defeat the oddsContinue reading “Bitcoin doesn’t like September, but is it any different this time”

The digital asset ecosystem is widely regarded as the next generational form of wealth. Over the years, while there have been many critics, there have been many more that have accepted the intrinsic value of crypto-assets. Even so, these assets aren’t immune to one kind of behavior – Whale Manipulation. Instances of the same wereContinue reading “Bitcoin and Ethereum, perhaps, but can whales manipulate NFTs”

Market sentiment across the month of August has been largely bullish. Especially since some crypto-assets recovered significantly to touch their ATH levels once again. Ethereum hasn’t been one of those assets, however. Even so, maintaining a consolidating range above $3000 since the beginning of August speaks volumes. Right now, Ethereum is holding a position nearContinue reading “Ethereum: Similarities with 2018’s market structure might foreshadow this ‘worst-case scenario’”

With Bitcoin and Ethereum recovering on their own respective charts, market momentum was captured by some of the industry’s smaller tokens. Needless to say, thanks to strong bullish momentum, many of these alts were able to register their own record highs in the market. Now, Cardano and Solana are some of the most common householdContinue reading “Assessing the odds of Avalanche testing Ethereum’s ‘DeFi-hold’”

Since the beginning of August, BTC’s value has gone up by more than 30%. If its growth is calculated from July 21st onwards, it is 50% up, but there is another catch. Since 20th August, Bitcoin’s net recovery has been less than 2%. Right now, there are a couple of ways of understanding such aContinue reading “This long-term trend may impact Bitcoin’s recovery”

The month of August was exciting for the cryptocurrency industry. Over the past 4 weeks, the market witnessed Bitcoin and Ethereum surge collectively, over major resistance points, whereas top altcoins such as Solana and Cardano were able to muster new all-time highs. As the month reaches a point of conclusion, the momentum has somewhat driedContinue reading “What this weekend looks like for Bitcoin and other cryptocurrencies”

“It has to stop somewhere right?” This is the question most of the crypto-ecosystem has been asking since Cardano breached $2. Alright, maybe not the Cardano community, but the rest of the market. Now, the altcoin may just lose a lot of steam at one point on the price charts. What then? If Cardano doesContinue reading “How much is too much if Cardano’s price action does step down”

Keeping up with its usual unpredictable self, Bitcoin was well below $47,000 at press time. Days after it briefly hit $50,000. While Bitcoin proponents continue to trust the bullish side of the market, prices continue to stall on the charts. Consolidating higher on the charts is still a good sign for positive ascendancy. But collectively,Continue reading “Bitcoin is stuck between two trends, but is it too late now”

A lot of attention has been given to the crypto-market over the past few weeks after major assets registered new all-time highs. Solana was the first to create general hype, which was followed by Cardano’s explosive rise to $2.94. Now, with Bitcoin reaching $50k recently, the general market is currently obsessed with price movements. AmidstContinue reading “A union of Visa and NFTs could have these implications for Ethereum”